营收近300亿，奥克斯电气拟冲刺赴港上市

Core Viewpoint - Aokai Electric has submitted an updated listing application to the Hong Kong Stock Exchange after previously attempting to list on the A-share market and the Shanghai Stock Exchange, citing strategic advantages for business development in Hong Kong [1][2] Company Overview - Aokai Electric's main products include household air conditioners and central air conditioning systems, with brands such as AUX, Huashuan, and AUFIT. The company holds a 7.1% market share, making it the fifth largest air conditioning provider globally as of mid-2024 [2] - The company has expanded its overseas sales to over 150 countries and regions, employing a dual sales model of OBM and ODM, which has contributed to a significant increase in household air conditioner sales from 4.5 million units in March 2022 to 5.5 million units by March 2025 [2] Financial Performance - Aokai Electric's revenue and net profit have shown substantial growth from 2022 to March 2025, with revenues of 19.528 billion, 24.832 billion, 29.759 billion, and 9.352 billion respectively, and net profits of 1.442 billion, 2.487 billion, 2.910 billion, and 0.925 billion respectively. The gross profit margins remained relatively stable, with a compound annual growth rate of 30% during this period [2] Debt Situation - The company's total current liabilities increased from 11.506 billion at the end of 2022 to 18.252 billion by the end of 2024, with a net debt increase from 3.19 billion to 2.47 billion. By the end of 2024, Aokai Electric's asset-liability ratio reached 84.1%, significantly higher than the industry average of 62.3% for Midea Group [3]