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.

Midea Group Co., Ltd.

Midea Group is a Chinese technology company that manufactures and distributes home appliances and HVAC systems. The company has a total revenue of $51.39 billion, employs over 166,000 people, and is ranked 278th on the Fortune Global 500 list.

Midea Group

Carrier Midea India

Midea America Corp

Midea Consumer Appliances

Midea México, Centroamérica , Caribe y Región Andina

Midea India Home Appliances

Midea America Canada Corp

Midea Europe GmbH

Midea UK (Midea Group - Fortune Global 500 Company)

Midea RAC North America

Midea Carrier

Midea Italia

Midea APAC

Midea Building Tech.

Midea Group aspires to the vision of “Bringing Great Innovations to Life”, upholding the Founders’ philosophy of creating a better life through technology. Midea Group has evolved into a global leading technology company specializing in five major business areas including Smart Home Business, Industrial and Building Technologies, Robotics &Automation, and Digital Innovation. Over the past five years, we have invested $8 Bn USD in R&D and developed a global network spanning 33 R&D centers and 40 major production sites across the world. At present, Midea Group’s products and services serve more than 500 million customers in over 200 countries and regions encompassing a brand portfolio containing Little Swan, Toshiba, WAHIN, COLMO, Clivet, Eureka, KUKA, GMCC, Welling, LINVOL, and Wandong. 

We employ 190,000 people globally with 40,000 based internationally and in 2023, we ranked 278th on the Global Fortune 500, and have A/A3/A credit ratings from S&P, Moody's and Fitch respectively.

Midea Group has positioned its five business segments with technology leadership at its core, driving simultaneous development of ToC and ToB businesses, and utilizing exceptional quality to deliver domestic and global breakthroughs. Midea Group continues to increase its investment in the 4 strategic business areas of "Technology Leadership, Direct to User, Digital Intelligence Driven and Global Breakthrough", and has the infrastructure, resources and know-how to produce cutting-edge technologies. We are committed to becoming the world leader in the Smart Home and Smart Manufacturing fields.

✨ Midea Open Day: A Global Journey into #Innovation and Opportunity for International Students✨

🎉 Midea Open Day recently welcomed talented students from around the world, offering them an amazing experience as they prepare for their university journey or start their #careers.
Participants had the chance to explore Midea’s tech, historical, and artistic spaces and engage in a variety of interactive games. They also had the opportunity to meet with alumni and executives who shared their unique insights.
This event was a fantastic opportunity for future career growth, and we look forward to supporting and inspiring the next generation of global talent through more exciting opportunities at Midea!
﻿
#OpenDay #FutureLeaders #BeTheGameChanger

On August 19th (Beijing time), we released #Midea’s 2024 semi-annual results! 🎉 
Here's a quick look at our achievements from the first half of 2024. Check out the images below for key highlights and developments. 🚀 
#MideaResults #Innovation #Growth

✨ Ready for a Smarter Tomorrow? Discover Midea’s AI+ Magic!

🌍Imagine a world where your home, your work, and your health are all seamlessly connected and enhanced by cutting-edge technology. That’s the magic of Midea’s AI+. We’re not just imagining the future—we’re creating it.
How are we making this happen? With our game-changing AI+ technology, we're pushing boundaries and setting new standards:
🔍 #SmartHome: Transforming everyday life with AI that intuitively meets your needs, making comfort effortless.💡
🤖 #IndustrialRobots: Revolutionizing production with robots that boost speed and precision, setting new industry standards.⚙️
🩺 #MedicalImaging: Delivering clearer, more accurate diagnostic results with innovative imaging technology.🔬
🏭 #IntelligentManufacturing: Crafting efficient and eco-friendly production processes that lead the way in sustainability.🔧
At Midea, AI+ isn’t just about technology; it’s about enhancing lives and shaping a better future！
Also, we want to hear from you!💬 How do you see AI+ shaping the future?
#AI #Innovation #MideaTech

🎉#InternationalYouthDay🎉 Driving Global Breakthroughs with Innovative Talent！
At Midea, we’re committed to welcoming global talent and providing young professionals with excellent growth opportunities.
We create an open and inclusive work environment where our colleagues can develop fresh ideas and ‘Bring Great Innovations to Life’. As we continue to grow and transform our operations, we extend a warm invite to the ambitious and talented next generation to be part of our journey.
If you’re ready to pursue your dreams and make an impact, come join us at Midea! We look forward to welcoming you.
Discover more about Midea careers:🔗https://careers.midea.com
#FutureLeaders #YouthEmpowerment #MideaCareer #BeTheGameChanger

🚴‍♂️ The future of cycling is here.Leading the way for a future of green mobility! 🌟

Recently, we attended #Eurobike, where MOTINOVA, Midea Group’s E-bike brand, showcased our latest innovations in mobility.
﻿
🔋 Our MIGIC series motors bring a new level of vitality to the riding experience with their powerful and lightweight design. The MIGIC T1 with its powerful 85NM to 115NM torque makes for an exhilarating mountain bike experience, and the MIGIC C1 with its sleek design and 75NM torque, offers unparalleled comfort for smooth riding with E-CITY and E-TREKKING models.
✨ MOTINOVA also comes with nine useful smart features, such as for security, route planning and ride intelligence boosting battery life. At Midea, our product innovation is committed to providing more eco-friendly and efficient cycling options to preserve the future of our planet. 🌍
#Innovation #Ebike #ElectricVehicles #MideaTech

As a globally expanding company, Midea regards its employees as Midea Gamechangers 💡 .
 
Today, we’d like to introduce an outstanding #MideaGamechanger —Alma Itzel C. from Midea México, Centroamérica , Caribe y Región Andina.
 
Alma has played a pivotal role in streamlining our social media operations in Mexico. Recently, the local Facebook account recently reached an impressive milestone of 100,000 followers—a remarkable achievement. Let’s take a moment to learn more about her journey with Midea.
 
Watch this space as we continue to share inspiring stories of Midea Gamechangers from around the world, showcasing their exceptional contributions.
 #MideaGamechanger #MideaCareer

Metric
Company Name	Midea Group Co., Ltd.
Symbol	333
MSH ID	COM:MIDEA-GROUP
Market	STOCKS
Sector	Consumer Cyclical
Industry	Furnishings, Fixtures & Appliances
Country	CN
Stage
Employee Count	198.61K
Website	midea-group.com
LinkedIn	mideagroup
Founders

Metric
Market Cap	61.35B
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	51.15B
Revenue (LTM)
Revenue (NTM)
Gross Profit	13.53B
EBITDA	5.86B
Operating Income	4.85B
Net Income	4.64B
EPS	0.68
Diluted EPS	0.68
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.27
Operating Profit Margin	0.11
EBITDA Margin	0.11
Net Profit Margin	0.09
Return on Equity	0.22
Return on Assets	0.07
Return on Capital Employed	0.18

0003

COM:MIDEA-GROUP

Midea Group

Last Close

70.39

25/11 07:04

Market Cap

446.03B

Beta: -

Volume Today

38.59M

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	12.52
P/B Ratio	2.63
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	1.43
EV Multiple	12.72

Metric
Days Sales Outstanding	68.68
Days Payables Outstanding	121.80
Days Inventory Outstanding	67.60
Operating Cycle	145.14
Cash Conversion Cycle	47.87
Asset Turnover	0.79

Metric
Operating Cash Flow	8.70B
Free Cash Flow	7.83B
Cash Flow to Debt	0.72
Operating Cash Flow/Sales	0.17
Free Cash Flow Yield	0.10

Metric
Cash & Equivalents	11.23B
Accounts Receivable	-1.34B
Inventory	6.97B
Goodwill	4.24B
Debt to Capitalization	0.37
Debt to Assets	0.17
Current Ratio	1.12
Quick Ratio	0.97

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue	0.04
SG&A to Revenue	0.04