Top 10 Chinese home appliances firms in 2021 | investinchina.chinadaily.com.cn

Top 10 List

Top 10 Chinese home appliances firms in 2021

chinadaily.com.cn Updated: Jan 13, 2022

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 10 Chengdu Xgimi Technology Co Ltd

Market value: 27.6 billion yuan

XGIMI employees work at a store in Wuhan, Hubei province. [Photo by Chu Lin/For China Daily]

No 9 Hangzhou Robam Appliances Co Ltd

Market value: 34.18 billion yuan

The booth of Robam Appliances. [Photo/IC]

No 8 Ningbo Deye Technology Group

Market value: 46.73 billion yuan

The booth of Ningbo Deye Technology Group at an expo in Shanghai, on Aug 9, 2020. [Photo/IC]

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]

No 6 Beijing Roborock Technology Co Ltd

Market value: 54.31 billion yuan

A screenshot from Roborock Technology. [Photo/roborock.com]

No 5 Ecovacs Robotics Co

Market value: 86.35 billion yuan

Visitors look at robotic vacuum cleaners on display at Ecovacs' booth during the Appliance & Electronics World Expo held in Shanghai in March. [Photo provided to China Daily]

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 3 Zhuhai Gree Electric Appliances Inc

Market value: 219 billion yuan

Consumers visit the Gree booth at an expo in Shanghai, on March 23, 2021. [Photo/IC]

No 2 Haier Smart Home Co Ltd

Market value: 264.48 billion yuan

The booth of Haier Smart Home is seen at the 2021 Appliance & Electronics World Expo in Shanghai in March. [Photo provided to China Daily]

No 1 Midea Group Co Ltd

Market value: 515.58 billion yuan

Consumers visit the Midea Group booth at an expo in Shanghai, on March 14, 2021. [Photo/IC]

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Top 10 List

Top 10 Chinese home appliances firms in 2021

chinadaily.com.cn Updated: Jan 13, 2022

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 10 Chengdu Xgimi Technology Co Ltd

Market value: 27.6 billion yuan

XGIMI employees work at a store in Wuhan, Hubei province. [Photo by Chu Lin/For China Daily]

No 9 Hangzhou Robam Appliances Co Ltd

Market value: 34.18 billion yuan

The booth of Robam Appliances. [Photo/IC]

No 8 Ningbo Deye Technology Group

Market value: 46.73 billion yuan

The booth of Ningbo Deye Technology Group at an expo in Shanghai, on Aug 9, 2020. [Photo/IC]

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]

No 6 Beijing Roborock Technology Co Ltd

Market value: 54.31 billion yuan

A screenshot from Roborock Technology. [Photo/roborock.com]

No 5 Ecovacs Robotics Co

Market value: 86.35 billion yuan

Visitors look at robotic vacuum cleaners on display at Ecovacs' booth during the Appliance & Electronics World Expo held in Shanghai in March. [Photo provided to China Daily]

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 3 Zhuhai Gree Electric Appliances Inc

Market value: 219 billion yuan

Consumers visit the Gree booth at an expo in Shanghai, on March 23, 2021. [Photo/IC]

No 2 Haier Smart Home Co Ltd

Market value: 264.48 billion yuan

The booth of Haier Smart Home is seen at the 2021 Appliance & Electronics World Expo in Shanghai in March. [Photo provided to China Daily]

No 1 Midea Group Co Ltd

Market value: 515.58 billion yuan

Consumers visit the Midea Group booth at an expo in Shanghai, on March 14, 2021. [Photo/IC]

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