Midea Group Co., Ltd.

SZSE:000333 Stock Report

Market Cap: CN¥442.1b

Midea Group Future Growth

Future criteria checks 2/6

Midea Group is forecast to grow earnings and revenue by 8.2% and 6.4% per annum respectively. EPS is expected to grow by 8.1% per annum. Return on equity is forecast to be 20.3% in 3 years.

Key information

8.2%

Earnings growth rate

8.1%

EPS growth rate

Consumer Durables earnings growth12.9%
Revenue growth rate6.4%
Future return on equity20.3%
Analyst coverage

Good

Last updated21 Jun 2024

Recent future growth updates

Recent updates

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

Earnings and Revenue Growth Forecasts

SZSE:000333 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026465,45545,02945,64952,62517
12/31/2025434,27140,97842,02149,13520
12/31/2024403,40937,32935,17550,16219
3/31/2024381,87734,61256,31862,559N/A
12/31/2023372,03833,65451,58957,903N/A
9/30/2023364,66232,73842,79649,973N/A
6/30/2023358,24631,74335,77043,048N/A
3/31/2023349,80030,35428,60135,951N/A
12/31/2022343,91829,49027,30634,658N/A
9/30/2022350,25929,50631,39836,667N/A
6/30/2022350,08629,48930,06336,310N/A
3/31/2022349,11129,20128,28134,517N/A
12/31/2021341,23428,49128,26635,092N/A
9/30/2021328,80328,59525,11432,439N/A
6/30/2021318,96428,19925,28531,328N/A
3/31/2021308,71228,81624,52530,442N/A
12/31/2020284,22227,15824,90129,557N/A
9/30/2020274,05924,87230,03933,815N/A
6/30/2020263,51422,84631,62735,208N/A
3/31/2020261,02422,85231,22334,416N/A
12/31/2019278,21724,17035,13938,590N/A
9/30/2019274,82723,62333,22738,062N/A
6/30/2019270,81222,45736,86042,035N/A
3/31/2019265,13421,08029,44735,275N/A
12/31/2018259,66520,20722,24927,861N/A
9/30/2018259,52120,18619,15823,965N/A
6/30/2018258,88619,40914,09318,160N/A
3/31/2018250,69418,18718,22721,863N/A
12/31/2017240,71217,284N/A24,443N/A
9/30/2017229,61516,875N/A27,725N/A
6/30/2017205,97415,999N/A32,462N/A
3/31/2017180,46415,130N/A27,109N/A
12/31/2016159,05214,684N/A26,695N/A
9/30/2016143,45614,503N/A27,831N/A
6/30/2016133,46413,879N/A26,078N/A
3/31/2016134,36413,272N/A30,861N/A
12/31/2015138,44712,707N/A26,764N/A
9/30/2015143,97012,561N/A28,905N/A
6/30/2015146,85812,216N/A20,433N/A
3/31/2015145,75511,306N/A24,063N/A
12/31/2014141,67810,502N/A24,789N/A
9/30/2014136,31410,252N/A18,481N/A
6/30/2014132,3679,281N/A19,656N/A
3/31/2014127,7606,835N/A12,611N/A
12/31/2013120,9755,317N/A10,054N/A
9/30/2013114,6044,720N/A10,405N/A
6/30/2013110,7104,165N/A11,553N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 000333's forecast earnings growth (8.2% per year) is above the savings rate (2.9%).

Earnings vs Market: 000333's earnings (8.2% per year) are forecast to grow slower than the CN market (22.5% per year).

High Growth Earnings: 000333's earnings are forecast to grow, but not significantly.

Revenue vs Market: 000333's revenue (6.4% per year) is forecast to grow slower than the CN market (13.9% per year).

High Growth Revenue: 000333's revenue (6.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 000333's Return on Equity is forecast to be high in 3 years time (20.3%)

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