Chinese manufacturer of home appliances, building technologies and industrial equipment, including robotics and automation through KUKA.
Profile & Fundamentals
Midea Group: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Midea Group Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
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 profile record
Midea Group Co Ltd
Common Stock · Consumer Discretionary · Household Appliances
Company
- Company / asset
- Midea Group Co Ltd
- Security type
- Common Stock
- Sector
- Consumer Discretionary
- Industry
- Household Appliances
- HQ
- 🇨🇳 China
- Head office
- Midea Headquarters Building, Foshan, China, 528311
Leadership & scale
- Chief executive
- Mr. Jianguo Wang
- CEO year born
- 1977
- Full-time employees
- 190K
- Fiscal year end
- December
Fundamentals snapshot
- Market Cap
- --
- P/E
- --
- Revenue (Q2 26)
- CNY 129.5B
- Profit (Q2 26)
- CNY 13.8B
- Dividend Yield
- 5.4%
- Revenue (FY 25)
- CNY 458.5B
Reporting & identifiers
- Symbol
- 0300.HKEX
- Listing
- 🇭🇰 Hong Kong | Dividend Tax: 0%
- Ticker Currency
- HKD
- Income Statement Currency
- CNY
- Balance Sheet Currency
- CNY
- Cash Flow Currency
- CNY
- EPS Currency
- CNY
- Contract Type
- SPOT
- ISIN
- CNE100006M58
- Asset ID
- equity_931f9568-008a-54de-99e0-df3d9e6863cb
Ownership
Shares Outstanding
No history available.
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
--
-- latest reported shares
Insider Ownership
--
Latest reported insider stake
Short Float
--
Latest reported short interest / float
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
No reported records are available in this preview.
Top Holders
Available reported ownership records.
No reported records are available in this preview.
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
The company delivered strong headline results in fiscal 2025, with revenue climbing over twelve percent to CNY 459 billion and net income expanding fourteen percent to CNY 43.9 billion. This performance was driven by government consumer trade-in subsidies and expanding overseas sales. However, interim results for 2026 show a noticeable slowdown, with quarterly revenue growth moderating into the low single digits as domestic property weakness takes a toll. Beneath the surface, earnings quality remains dependable due to massive annual free cash flow exceeding CNY 42 billion. While domestic consumer appliance growth has decelerated, the business is increasingly supported by commercial heating, cooling, and industrial component sales. These business-to-business activities help maintain steady overall profits even as traditional home appliance demand cools.
The company delivered strong headline results in fiscal 2025, with revenue climbing over twelve percent to CNY 459 billion and net income expanding fourteen percent to CNY 43.9 billion. This performance was driven by government consumer trade-in subsidies and expanding overseas sales. However, interim results for 2026 show a noticeable slowdown, with quarterly revenue growth moderating into the low single digits as domestic property weakness takes a toll. Beneath the surface, earnings quality remains dependable due to massive annual free cash flow exceeding CNY 42 billion. While domestic consumer appliance growth has decelerated, the business is increasingly supported by commercial heating, cooling, and industrial component sales. These business-to-business activities help maintain steady overall profits even as traditional home appliance demand cools.
Revenue, Net Income, and Free Cash Flow
Latest: CNY 458.5B | Max: CNY 458.5B | Min: CNY 14.7B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 14x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profitability has shown impressive structural resilience, with gross margins widening to 26.7% and operating margins reaching 10.07% in fiscal 2025. This expansion occurred despite intense domestic retail competition, powered by captive compressor manufacturing through GMCC and a richer mix of premium appliances and commercial climate systems. Making its own essential components allows the company to defend profit margins far better than rivals. Nevertheless, future margin expansion faces headwinds from rising industrial copper prices and sluggish operating margins in the robotics division. Recent quarterly data shows profit margins plateauing rather than accelerating. Continued efficiency gains from automated factories will be necessary to protect the company's healthy twenty percent return on equity from inflationary raw material costs.
Profitability has shown impressive structural resilience, with gross margins widening to 26.7% and operating margins reaching 10.07% in fiscal 2025. This expansion occurred despite intense domestic retail competition, powered by captive compressor manufacturing through GMCC and a richer mix of premium appliances and commercial climate systems. Making its own essential components allows the company to defend profit margins far better than rivals. Nevertheless, future margin expansion faces headwinds from rising industrial copper prices and sluggish operating margins in the robotics division. Recent quarterly data shows profit margins plateauing rather than accelerating. Continued efficiency gains from automated factories will be necessary to protect the company's healthy twenty percent return on equity from inflationary raw material costs.
Profitability Margins
Latest: 26.7% | Max: 28.7% | Min: 7.2%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
26.7%
Gross profit / revenue
Operating Margin
10.1%
Operating income / revenue
Net Margin
9.6%
Net income / revenue
FCF Margin
9.2%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 22,843,824,748.2 | 2,112,857,122.3 | 3,506,702,014.39 |
| 2017-12-31 | 36,943,543,471.58 | 2,654,944,546.85 | 3,260,249,001.54 |
| 2018-12-31 | 37,820,068,168.6 | 2,940,520,203.49 | 3,233,899,563.95 |
| 2019-12-31 | 39,893,662,356.32 | 3,478,623,850.57 | 5,048,641,954.02 |
| 2020-12-31 | 43,518,542,572.74 | 4,168,907,963.25 | 3,813,251,914.24 |
| 2021-12-31 | 53,734,503,301.89 | 4,492,712,264.15 | 4,444,394,182.39 |
| 2022-12-31 | 49,875,771,304.35 | 4,283,116,956.52 | 3,957,349,710.14 |
| 2023-12-31 | 52,379,338,309.86 | 4,749,286,619.72 | 7,265,994,366.2 |
| 2024-12-31 | 55,748,580,958.9 | 5,279,073,561.64 | 7,215,333,698.63 |
| 2025-12-31 | 65,594,049,642.35 | 6,286,897,138.77 | 6,037,774,105.87 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
Scroll the table to see every column.
| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 13.52 | Trailing four quarters |
| 2024-12-31 | 13.87 | Trailing four quarters |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 26.9 | 9.47 | 9.25 | 15.35 |
| 2017-12-31 | 24.86 | 7.5 | 7.19 | 8.82 |
| 2018-12-31 | 27.61 | 8.6 | 7.78 | 8.55 |
| 2019-12-31 | 28.67 | 9.16 | 8.72 | 12.66 |
| 2020-12-31 | 25.06 | 8.33 | 9.58 | 8.76 |
| 2021-12-31 | 22.57 | 7.42 | 8.36 | 8.27 |
| 2022-12-31 | 24.28 | 8.61 | 8.59 | 7.93 |
| 2023-12-31 | 25.67 | 9.47 | 9.07 | 13.87 |
| 2024-12-31 | 26.38 | 9.53 | 9.47 | 12.94 |
| 2025-12-31 | 26.72 | 10.07 | 9.58 | 9.2 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-24.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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