Top 10 Chinese home appliances firms in 2021
The market value of the 87 listed home appliances companies in China reached 2.05 trillion yuan ($322.76 billion) as of Dec 31, 2021, with three exceeding 100 billion yuan and one topping 500 billion yuan.
Midea Group, Haier Smart Home and Gree Electric Appliances grabbed the top 3 places in market value. The top 10 firms, with a total market value of 1.39 trillion yuan, took up 67.7 percent of all listed home appliances companies.
Let's take a look at the top 10 Chinese home appliances companies in market value last year.
No 1 Midea Group Co Ltd
Market value: 515.58 billion yuan
No 2 Haier Smart Home Co Ltd
Market value: 264.48 billion yuan
No 3 Zhuhai Gree Electric Appliances Inc
Market value: 219 billion yuan
No 4 Zhejiang Sanhua Automotive Component Co Ltd
Market value: 90.86 billion yuan
This illustration photo shows the logo of Zhejiang Sanhua Automotive Component Co Ltd. [Photo/IC]
No 5 Ecovacs Robotics Co
Market value: 86.35 billion yuan
No 6 Beijing Roborock Technology Co Ltd
Market value: 54.31 billion yuan
No 7 Zhejiang Supor Co Ltd
Market value: 50.33 billion yuan
Supor home appliances are sold at a supermarket in Nantong, Jiangsu province, on Dec 26, 2021. [Photo/IC]