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Midea Group Co., Ltd.

Midea Group Co., Ltd.

MIDEA80 · BK · Consumer Cyclical / Furnishings, Fixtures & Appliances

4.44THB+0.06 (+1.37%)

Price History

Full chart

Market Stats

Previous Close4.38
Open4.50
Day Range4.42 – 4.50
52-Week Range3.36 – 5.35
Volume2.41K
Market Cap29.91B
P/E (TTM)0.13
Forward P/E0.12
EPS29.34
Dividend Yield8.11%
Beta0.47
50-Day Avg4.13
200-Day Avg3.93

About

Midea Group Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of electrical appliance in China and internationally. The company operates in Smart Home System, Building Technology, Robotics and Automation, and Industrial Technology, and Other Innovative Business. It offers smart home products such as household air conditioners, central air conditioners, heating and ventilation systems, kitchen appliances, refrigerators, washing machines, and various small appliances; commercial and industrial solutions, including products and services, such as elevators, high and low voltage frequency converters, medical imaging products, robots, and automation systems; and other businesses including smart supply chain, sales, wholesale and processing of household appliance raw materials, as well as financial businesses, such as deposit taking, interbank lending, consumer credit, buyer credit, and financial leasing. Additionally, it provides Internet of Things solutions. Midea Group Co., Ltd. was founded in 1968 and is based in Foshan, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryFurnishings, Fixtures & Appliances
  • CEOMr. Jianguo Wang
  • Employees190.00K
  • HeadquartersMidea Headquarters Building, Foshan, China, 528311, Thailand
  • Websitehttps://www.midea.com.cn

Leadership

  • Mr. Hongbo FangPresident & Chairman · b. 1967
  • Mr. Jianguo WangChief Executive Officer & Director · b. 1977
  • Ms. Zheng ZhongVice President, CFO & Finance Director · b. 1981
  • Ms. Shu GaoBoard Secretary, Joint Company Secretary & Investor Relations Director · b. 1983
  • Ms. Wenxin ZhaoVP & Chief People Officer · b. 1982
  • Dr. Yanmin GuPresident of the Robotics & Automation Division, VP and Non-Independent Director · b. 1963
  • Mr. Jinliang WangVice President · b. 1967
  • Mr. Xiaoyi ZhangVP & Chief Digital Officer · b. 1974
  • Mr. Jinwei GuanVP, President of the Building Technologies Division & Non-Independent Director · b. 1981
  • Mr. Guolin LiVP and Director of Quality, Supply chain management & Intelligent Manufacturing · b. 1977

Financials

Income Statement

Currency: CNY2022-12-312023-12-312024-12-312025-12-31
Total Revenue345.71B373.71B409.08B458.50B
Growth (%)-+8.10%+9.47%+12.08%
Cost of Revenue260.54B276.41B299.58B335.99B
Gross Profit85.17B97.30B109.50B122.51B
Gross Margin24.64%26.04%26.77%26.72%
Operating Expense52.59B59.75B68.38B76.32B
Operating Income32.58B37.55B41.12B46.19B
Operating Margin9.42%10.05%10.05%10.07%
EBITDA43.29B50.43B56.97B64.64B
EBITDA Margin12.52%13.50%13.93%14.10%
Net Income29.55B33.72B38.54B43.95B
Net Income Margin8.55%9.02%9.42%9.58%
R&D12.62B14.58B16.23B17.79B
R&D as % of Total Revenue3.65%3.90%3.97%3.88%
Interest Expense1.83B2.81B2.45B2.21B
Interest Expense % of Total Revenue0.53%0.75%0.60%0.48%

Balance Sheet

Currency: CNY2022-12-312023-12-312024-12-312025-12-31
Total Assets422.56B486.04B604.35B608.79B
Total Liabilities270.63B311.74B376.68B372.37B
Total Equity142.94B162.88B216.75B223.22B
Cash55.27B81.67B140.41B85.25B
Net Debt3.75B---

Cash Flow

Currency: CNY2022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow34.66B57.90B60.51B53.35B
Capital Expenditure7.35B6.31B7.84B11.14B
Free Cash Flow27.31B51.59B52.67B42.20B
Dividends Paid13.46B19.31B22.41B32.53B
FCF to OCF78.79%89.10%87.04%79.11%
Dividend Paid to FCF49.30%37.43%42.55%77.08%

Key Statistics & Ratios

Market Cap29.91B
Enterprise Value3.04T
Trailing P/E0.13
Forward P/E0.12
PEG Ratio0.02
Price / Sales0.06
Price / Book0.03
EPS29.34
Book Value139.85
Revenue (TTM)465.37B
Gross Profit (TTM)121.04B
EBITDA53.18B
Profit Margin9.54%
Operating Margin10.02%
Return on Equity19.53%
Return on Assets4.45%
Shares Outstanding650.85M
Shares Float5.55B
Beta0.47
Dividend Yield8.11%
Dividend Rate0.32
Payout Ratio0.55%

Dividends

20262×
0.02Nov 6, 20260.16Jun 18, 2026