Air-conditioning sales blowout in the peak season of 2017, including Gree, Midea Group, Qingdao Haier, listed companies in both domestic third quarter revenue or net profit both showed a year-on-year increase, the group's revenue growth even as high as 60%.

Qingdao Haier's revenue from January to September 2017 increased by 41% from the same period of last year, among which, the revenue of the refrigerator and freezer business increased by 34%, the revenue of the washing machine business increased by 41%, the revenue of the air conditioner business increased by 61% and that of the kitchen and toilet business increased by 76% June air-conditioning products operating income of 54.637 billion yuan, an increase of 30.14% over the same period the Group's HVAC business revenue was 500.23 billion yuan, an increase of 41.52%.

Good business performance under the support of this year, the leading domestic appliance company's share price rose significantly.Cisco "reports show that as of October 31, Midea Group shares closed at 51 yuan per share, up 86.33% over last year, Gree Electric Shares closed at 42.55 yuan per share, up 81% over the previous year, Qingdao Haier shares closed at 17.3 yuan per share, up 78% over the previous year.

Midea Group operating efficiently, sought after by the capital

Midea Group's first nine months operating income of 1869.49 billion yuan, an increase of 60.64%, net profit of nearly 15 billion yuan. Operating efficiency continued to improve, the cash cycle reduced 5 days compared to the beginning of the year, inventory turnover days from the beginning of the 41 days reduced to the current 33 days with abundant cash flow, operating cash flow of 20.1 billion yuan during the period, own funds of 63.5 billion yuan.

At the same time, KUKA, which joined the big family of Midea at the beginning of the year, generated 198.88 billion yuan of revenue over the same period, an increase of 27% over the same period of last year, and an increase of 26% in pre-tax profit, contributing to the expansion of Midea's overall performance.

Midea Group's outstanding performance has won the favor of capital, the third quarter continued to usher in as the third largest shareholder of China Securities Finance holdings, the shareholding from 176 million shares in the semi-annual report rose to 199 million shares, the share of 2.70 % Rose to 3.05% from the Shenzhen-Hong Kong Stock Connect north of the funds 'Hong Kong Securities Clearing Company' holdings of the United States in the third quarter of 198 million shares of the Group, the shareholding increased from 5.82% to 8.82% .30 released on the third quarter results The same day, Midea Group shares hit a record high intraday, the market value reached 337.5 billion yuan, second only to the Shenzhen market 'a brother' Hikvision.

Qingdao Haier led the high-end, all-round growth in overseas markets

Qingdao Haier's high-end brand Casa emperor harvest quite good, during the sales growth of 41%, maintain absolute lead.YeKang data show that during the period of more than 10,000 yuan in the field of retail refrigerator Casa Di won 30% of the share, 1 Washing machine accounted for more than million yuan accounted for 49%, 16,000 yuan air-conditioning accounted for 47%. 卡萨 帝 art high-end image enjoys popular support, ranking the top of the domestic appliance pyramid.

As the number one brand in the world for 8 years in a row (global retail share, Euromonitor International), overseas market of Qingdao Haier increased by 50.74 billion Yuan from January to September, accounting for 43% of the total revenue, the most valuable Yes, almost 100% of them are self-owned brands, with outstanding performance in South Asia, Europe, Middle East and Africa, Australia and other regions, up 49%, 29%, 29% and 19% (excluding GEA) respectively. See, Haier is the first Pakistani brand of electrical appliances, operating income rose 37%, the industry average of 5 times; Russia's regional revenue up 86%, high-end ice-washing, home air conditioner market rankings are the first; Nigeria refrigerator market Share of 35%, washing machine share of 30%, have occupied the first place.

GEA also performed well, from January to September contributed revenue of 34.2 billion yuan, net profit attributable to parent 1.88 billion yuan, the third quarter revenue of 117 yuan, an increase of 7.7%.

Since 2017, due to the soaring raw material prices and the notable growth in the demand for high-end products, the large-scale listed companies represented by large-scale listed companies, such as the increase in middle and high-end products, have been boosting the revenue and boosting their net profit. In the third quarter, the advance receipts from Midea Group increased significantly with the advance payment from dealers, of which, the advance receipts from Gree increased sharply from RMB12.022 billion at the beginning of the year to RMB28.188 billion, indicating good sales in the market. Dealers Purchasing, playing a positive motivation, which will help to further push up 2017 results.