For the Chinese electronics appliance manufacturer, Midea raw materials accounted for the largest share of the sales costs. In total, the company had raw material cost of over *** billion yuan in 2023. In contrast, labor costs accounted for only around ** billion yuan.
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Midea. (March 29, 2025). Leading cost cost factors of household appliance sales of Midea Group in 2024 (in billion yuan) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/1358751/midea-group-breakdown-of-household-appliance-sales-costs/
Midea. "Leading cost cost factors of household appliance sales of Midea Group in 2024 (in billion yuan)." Chart. March 29, 2025. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/1358751/midea-group-breakdown-of-household-appliance-sales-costs/
Midea. (2025). Leading cost cost factors of household appliance sales of Midea Group in 2024 (in billion yuan). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/1358751/midea-group-breakdown-of-household-appliance-sales-costs/
Midea. "Leading Cost Cost Factors of Household Appliance Sales of Midea Group in 2024 (in Billion Yuan)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 29 Mar 2025, /statistics/1358751/midea-group-breakdown-of-household-appliance-sales-costs/
Midea, Leading cost cost factors of household appliance sales of Midea Group in 2024 (in billion yuan) ÌÇÐÄÆƽâ°æ, /statistics/1358751/midea-group-breakdown-of-household-appliance-sales-costs/ (last visited August 01, 2026)
Leading cost cost factors of household appliance sales of Midea Group in 2024 (in billion yuan) [Graph], Midea, March 29, 2025. [Online]. Available: /statistics/1358751/midea-group-breakdown-of-household-appliance-sales-costs/
