Midea Group Co Ltd

Chart & Performance

D1W1MN

No data to show

P/E

—

P/S

—

EPS

4.34

Div Yield, %

—

Shrs. gr., 5y

0.64%

Rev. gr., 5y

7.28%

Revenues

372.04b

+7.62%

Net income

33.72b

+14.10%

CFO

57.90b

+67.07%

Earnings

Apr 28, 2025

Profile

Midea Group Co., Ltd., together with its subsidiaries, manufactures and sells home appliances, and robotic and automation systems in China and internationally. It operates through five segments: Smart Home Business Group, Industrial Technology Business Group, Building Technologies Division, Robotics & Automation Division, and Digital Innovation Business. The company offers household and commercial air conditioning appliances; refrigeration, laundry, and large cooking appliances; kitchen, water, vacuum, and small domestic appliances; and lighting products. It also provides core components, such as compressors, motors, chips, variable frequency drives, servo systems, and cooling modules under the GMCC, Welling, MR, TOSHIBA, HICONICS, SUNYE, SERVOTRONIX, DORNA, etc. for household appliances, automobile industrial control, and 3C industries. In addition, the company provides building solutions; industrial robotics, automatic logistics systems, and transmission systems for future factory-related fields, as well as solutions for health care, entertainment, new consumption, etc.; software services, unmanned retail solutions, and production services; and medical imaging devices and related services, as well as smart supply chain solutions. Further, it engages in sale, wholesale, and processing of raw materials of household electrical appliances; and the provision of financial services, such as customer deposit, interbank lending and borrowing, consumption credit, buyer's credit, petty loan, factoring, and finance leasing services. Additionally, the company provides Internet of Things solutions for intelligent appliances. Midea Group Co., Ltd. was founded in 1968 and is headquartered in Foshan, China. Midea Group Co., Ltd. is a subsidiary of Midea Holding Co., Ltd.

URL

https://www.midea.com/global

IPO date

Sep 18, 2013

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	372,037,896 7.62%	345,708,706 0.68%
Cost of revenue	336,457,699	313,513,134
Unusual Expense (Income)
NOPBT	35,580,197	32,195,572
NOPBT Margin	9.56%	9.31%
Operating Taxes	6,531,811	5,145,700
Tax Rate	18.36%	15.98%
NOPAT	29,048,386	27,049,872
Net income	33,719,935 14.10%	29,553,507 3.43%
Dividends	(19,310,512)	(11,652,025)
Dividend yield	5.16%	3.30%
Proceeds from repurchase of equity	(257,576)
BB yield	0.07%
Debt
Debt current	(18,488,589)	12,410,106
Long-term debt	53,451,343	56,864,524
Deferred revenue	1,734,932	1,721,092
Other long-term liabilities	2,255,578	2,563,915
Net debt	(205,248,475)	(12,945,148)
Cash flow
Cash from operating activities	57,902,611	34,657,828
CAPEX	(6,314,051)	(7,352,115)
Cash from investing activities	(36,546,864)	(13,509,510)
Cash from financing activities	(17,910,213)	(10,854,881)
FCF	31,260,009	14,011,413
Balance
Cash	141,986,874	58,554,692
Long term investments	98,224,355	23,665,086
Excess cash	221,609,334	64,934,343
Stockholders' equity	169,789,164	151,350,169
Invested Capital	82,015,004	154,086,281
ROIC	24.61%	19.96%
ROCE	13.85%	14.39%
EV
Common stock shares outstanding	6,849,241	6,819,223
Price	54.63 5.46%	51.80 -29.82%
Market cap	374,174,036 5.93%	353,235,745 -30.70%
EV	180,346,385	349,279,163
EBITDA	42,929,118	38,703,492
EV/EBITDA	4.20	9.02
Interest	2,808,104	1,830,915
Interest/NOPBT	7.89%	5.69%