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Midea Group Co., Ltd.
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 four segments: Heating & Ventilation, as well as Air-Conditioner; Consumer Appliances; Robotics and Automation system; and Others. The company offers residential air-conditioner, central air-conditioner, heating and ventilation systems, kitchen appliances, refrigerators, washing machines, various small appliances, elevators, variable frequency drives, medical imaging products, and robotics and automation system It also provides core components, such as compressors, motors, chips, valves, reducers, auto parts, motion control and automation, high and low-voltage variable frequency drive, energy storage and cooling modules under the GMCC, Welling, CLOU Electronics, HICONICS, SERVOTRONIX, MR, MOTINOVA, MSCT, TOSHIBA, and SUNYE brand name. In addition, the company provides building solutions; industrial robotics, automatic logistics systems, and transmission systems for future factory-related fields and related solutions for health care, entertainment, new consumption, etc.; as well as smart supply chain solutions. Further, the company 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, and finance leasing services. Additionally, it provides Internet of Things solutions for intelligent appliances. Midea Group Co., Ltd. was founded in 1968 and is headquartered in Foshan, China.
Market Cap
CNY 556.6B
Volume
32.5M
Cash and Equivalents
CNY 140.4B
EBITDA
CNY 45.1B
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
CNY 106.9B
Profit Margin
26.27%
52 Week High
CNY 83.67
52 Week Low
CNY 58.90
Dividend
4.77%
Price / Book Value
2.58
Price / Earnings
13.54
Price / Tangible Book Value
3.29
Enterprise Value
CNY 476.4B
Enterprise Value / EBITDA
10.27
Operating Income
CNY 38.6B
Return on Equity
19.28%
Return on Assets
4.42
Cash and Short Term Investments
CNY 177.3B
Debt
CNY 86.3B
Equity
CNY 227.7B
Revenue
CNY 407.2B
Unlevered FCF
CNY 5.7B
Sector
Household Durables
Category
N/A
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