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Midea Group SZSE:000333 Stock Report

Last Price

CN¥74.00

Market Cap

CN¥561.1b

7D

0%

1Y

40.2%

Updated

21 Dec, 2024

Data

Company Financials +

Midea Group Co., Ltd.

SZSE:000333 Stock Report

Market Cap: CN¥561.1b

000333 Stock Overview

Manufactures and sells home appliances, and robotic and automation systems in China and internationally. More details

000333 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends6/6

My Notes

Capture your thoughts, links and company narrative

Midea Group Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Midea Group
Historical stock prices
Current Share PriceCN¥74.00
52 Week HighCN¥83.67
52 Week LowCN¥52.43
Beta0.92
1 Month Change4.46%
3 Month Change12.02%
1 Year Change40.23%
3 Year Change2.55%
5 Year Change29.37%
Change since IPO556.96%

Recent News & Updates

Is Midea Group (SZSE:000333) A Risky Investment?

Dec 10
Is Midea Group (SZSE:000333) A Risky Investment?

Should You Think About Buying Midea Group Co., Ltd. (SZSE:000333) Now?

Nov 27
Should You Think About Buying Midea Group Co., Ltd. (SZSE:000333) Now?

Statutory Profit Doesn't Reflect How Good Midea Group's (SZSE:000333) Earnings Are

Nov 06
Statutory Profit Doesn't Reflect How Good Midea Group's (SZSE:000333) Earnings Are

Recent updates

Is Midea Group (SZSE:000333) A Risky Investment?

Dec 10
Is Midea Group (SZSE:000333) A Risky Investment?

Should You Think About Buying Midea Group Co., Ltd. (SZSE:000333) Now?

Nov 27
Should You Think About Buying Midea Group Co., Ltd. (SZSE:000333) Now?

Statutory Profit Doesn't Reflect How Good Midea Group's (SZSE:000333) Earnings Are

Nov 06
Statutory Profit Doesn't Reflect How Good Midea Group's (SZSE:000333) Earnings Are

Results: Midea Group Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates

Aug 21
Results: Midea Group Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates

Is It Too Late To Consider Buying Midea Group Co., Ltd. (SZSE:000333)?

Aug 16
Is It Too Late To Consider Buying Midea Group Co., Ltd. (SZSE:000333)?

Investors Aren't Buying Midea Group Co., Ltd.'s (SZSE:000333) Earnings

Aug 05
Investors Aren't Buying Midea Group Co., Ltd.'s (SZSE:000333) Earnings

Is Midea Group (SZSE:000333) A Risky Investment?

Jul 24
Is Midea Group (SZSE:000333) A Risky Investment?

Calculating The Fair Value Of Midea Group Co., Ltd. (SZSE:000333)

Jun 17
Calculating The Fair Value Of Midea Group Co., Ltd. (SZSE:000333)

Does Midea Group (SZSE:000333) Deserve A Spot On Your Watchlist?

Jun 06
Does Midea Group (SZSE:000333) Deserve A Spot On Your Watchlist?

Returns On Capital At Midea Group (SZSE:000333) Have Stalled

May 25
Returns On Capital At Midea Group (SZSE:000333) Have Stalled

There's No Escaping Midea Group Co., Ltd.'s (SZSE:000333) Muted Earnings

Apr 28
There's No Escaping Midea Group Co., Ltd.'s (SZSE:000333) Muted Earnings

The Strong Earnings Posted By Midea Group (SZSE:000333) Are A Good Indication Of The Strength Of The Business

Apr 03
The Strong Earnings Posted By Midea Group (SZSE:000333) Are A Good Indication Of The Strength Of The Business

Why Midea Group Co., Ltd. (SZSE:000333) Could Be Worth Watching

Mar 31
Why Midea Group Co., Ltd. (SZSE:000333) Could Be Worth Watching

Are Investors Undervaluing Midea Group Co., Ltd. (SZSE:000333) By 24%?

Mar 18
Are Investors Undervaluing Midea Group Co., Ltd. (SZSE:000333) By 24%?

Here's Why We Think Midea Group (SZSE:000333) Is Well Worth Watching

Feb 29
Here's Why We Think Midea Group (SZSE:000333) Is Well Worth Watching

Shareholder Returns

000333CN Consumer DurablesCN Market
7D0%-1.1%-1.2%
1Y40.2%25.6%11.8%

Return vs Industry: 000333 exceeded the CN Consumer Durables industry which returned 25.6% over the past year.

Return vs Market: 000333 exceeded the CN Market which returned 11.8% over the past year.

Price Volatility

Is 000333's price volatile compared to industry and market?
000333 volatility
000333 Average Weekly Movement4.7%
Consumer Durables Industry Average Movement8.4%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 000333 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 000333's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968190,000Hongbo Fangwww.midea.com

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.

Midea Group Co., Ltd. Fundamentals Summary

How do Midea Group's earnings and revenue compare to its market cap?
000333 fundamental statistics
Market capCN¥561.12b
Earnings (TTM)CN¥37.64b
Revenue (TTM)CN¥399.90b

15.0x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
000333 income statement (TTM)
RevenueCN¥399.90b
Cost of RevenueCN¥291.44b
Gross ProfitCN¥108.46b
Other ExpensesCN¥70.83b
EarningsCN¥37.64b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.94
Gross Margin27.12%
Net Profit Margin9.41%
Debt/Equity Ratio36.7%

How did 000333 perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

55%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 22:05
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Midea Group Co., Ltd. is covered by 55 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chen LuoBofA Global Research
Hiu Ying ChuCCB International Securities Limited
Siti Bte SalikinCFRA Equity Research