Midea Group Co., Ltd. is higher tha

Midea Group Co., Ltd. is higher than the average level of large-scale enterprises in household electrical appliance manufacturing in nine indicators such as return on net assets, return on total assets, turnover rate of accounts receivable, inventory turnover rate, quick ratio, asset growth rate, profit growth rate of main business, capital accumulation rate, etc. The asset-liability ratio is basically the same as the industry average level, but in recent years the total asset turnover rate and the sales profit rate over the years are lower than the industry average level, reflecting that Midea Group Co., Ltd. still lacks in sales capacity.