Gree relatively professional, most of the revenue from air-conditioning, the company the first three quarters of return on net assets of 25%, but the face of the United States Group, Haier Group 200 billion size, Gree steadily diversified to further expand revenue size is the largest test.
Midea Group (000333.SZ), Qingdao Haier (600690.SH) and Gree Electric Appliances (000651.SZ) have released their third quarterly reports in 2017, with a significant increase in raw material costs this year, with a double-digit revenue and net profit The growth of the number of the first three quarters of revenue have broken billions.
From the income structure, the three major white giants have shown a clear path of differentiation, but the next step, their growth are intelligent and global space.
From the performance point of view, the three have their own strengths, the United States the largest revenue, the highest net profit Gree, Haier net profit growth fastest. They not only epitomize the effectiveness of the expansion of the expansion, but also compare the benefits of endogenous growth.
The first three quarters of this year, Midea Group achieved operating revenue of 186.95 billion yuan, an increase of 60.6%; net profit of 14.998 billion yuan, an increase of 17.1%. The United States's KUKA Group, operating income of 198.38 billion yuan, an increase of 27% Profit up 26% YoY, while Midea's original business revenue also reached 156.39 billion Yuan, up 39% YoY; its net profit was 15.73 billion Yuan, up 23% YoY.
Qingdao Haier business revenue in the first three quarters of this year 119.19 billion yuan, an increase of 41.27%; net profit of 5.68 billion yuan, an increase of 48.48%; GE's GE appliances (GEA) contribution of 34.2 billion yuan in the first three quarters of this year contributed to the parent net Profit of 1.88 billion yuan while Qingdao Haier original business income increased 22%, net of non-recurring gains and losses attributable to parent company net profit increased 22%.
The first three quarters of Gree's operating income of 110.875 billion yuan, an increase of 34.51%; net profit of 15.46 billion yuan, an increase of 37.68%; Gree last year, the acquisition of silver Lung setbacks, August this year, the acquisition of 5% stake in the shares of the sea , Has now appreciated more than 100 million yuan.
After the acquisition of KUKA, Midea transformed itself into a HVAC, consumer electronics, robotics and automation technology group, and the operating revenue for the full year of 2017 is expected to top 200 billion yuan for the first time. The robot business segment with KUKA as the core accounts for about the whole U.S. One-ninth of revenue, the proportion of the future will gradually increase, but from the original net profit higher than the overall net profit, the integration efficiency is still to be improved.
Haier refrigerator and washing machine to maintain the leading position at the same time, the first three quarters of this year, air-conditioning, kitchen and bathroom business also achieved rapid growth from January to September 2017, Qingdao Haier's refrigerator freezer business revenue growth of 34%, washing machine business revenue growth of 41%, air conditioning Business income increased 61%, kitchen and bathroom business revenue increased 76%.
Gree relatively professional, most of the revenue from air-conditioning, the company the first three quarters of the return on net assets of 25%, but the face of the United States Group, Haier Group 200 billion size, how to steadily promote the diversification of Gree, and further expand the revenue size is the largest test.
The next step is to take the intelligent opportunity of 'cornering overtaking' to expand the global market share and brand influence, which is the common development direction of the three big white giants.
January to September this year, Haier overseas total revenue of 50.74 billion yuan, accounting for 43%, nearly 100% of its own brand revenue.Qingdao Haier also disclosed in the September 9 announcement, intends to issue no more than 5.64 billion yuan exchangeable Bonds and Bonds, which will be used in the five major projects such as the intelligent manufacture of refrigerator air conditioners and the strategy of chef electric appliances, will build a drum washing machine manufacturing base in Russia and Vietnam and improve the layout of the Belt and Road Initiative.
Relevant person in charge of Gree recently said at the investor exchange that the products have been exported to over 200 overseas countries and regions while Gu Yan Min, the vice president of Midea Group, also said that U.S. overseas revenues will exceed half of the total revenue this year.
In addition, the intelligent manufacturing is to enhance the quality and efficiency of the strong support.Currently, the United States in the leveraging of KUKA to speed up the development of the robot business; Haier build COSMOPlat industrial Internet platform; Gree also actively develop machinery and equipment business.
The United States, the United States, the United States, the United States, the United States, the United States, the United States, the United States, the United States, the United States, the United States, the United States and the United States in the field of air-conditioning patents, And other enterprises, set up the first air-conditioning industry in China's intellectual property alliance.
China National Electromechanical Import and Export Chamber of Commerce Chamber of Commerce Secretary Zhou Nan believes that 'China' s home appliance products to go out of the mission has been completed, the current entry into the Chinese brand and China 's innovation to go out of a new era.
Peng Yi, vice president of Yikang Market Research Co., Ltd., told CBI reporter that Gree, Haier, Midea and Gree are the solid foundations for China to make 2025. Their development paths have diverged and each road has a chance and needs to be paid More efforts.Haier how to integrate the resources of the six brands in the world to achieve product development, marketing localization, there are many meticulous work.Microsoft is the largest cross-border, how to open a new field of automation in light manufacturing Chapter, but also to better integrate the power of KUKA Gree need to break the bottleneck of a single category, but also maintain the professional advantage.