Research on Company Financial Performance After Asset Reorganization: Take Midea as an Example

DOI

10.2991/assehr.k.210407.065How to use a DOI?

Keywords

Financial Performance, Asset Reorganization, Mergers and Acquisitions

Abstract

This article aims to analyze the company’s financial performance after major asset reorganization based on the case of Midea Group. This article has conducted a detailed literature review. Besides, it actively explores related theoretical results and real cases and analyzes the financial performance based on the in-depth analysis of the cases. From the perspective of financial situation, Midea Group’s asset scale and sales scale have expanded year by year, the company has continued to expand, investment and financing activities are active, and idle funds are small. Although the main products have a relatively high market share, they have not taken full advantage of the acquired company, Little Swan, in the washing machine field. Mergers and acquisitions have little impact on the profitability of companies. Since the year of mergers and acquisitions, the increase in gross profit has decreased, and the impact of scale expansion on the marginal returns of commodities can be considered.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Mengzhen Shi
PY  - 2021
DA  - 2021/04/08
TI  - Research on Company Financial Performance After Asset Reorganization: Take Midea as an Example
BT  - Proceedings of the 2021 6th International Conference on Social Sciences and Economic Development (ICSSED 2021)
PB  - Atlantis Press
SP  - 327
EP  - 332
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210407.065
DO  - 10.2991/assehr.k.210407.065
ID  - Shi2021
ER  -