Midea Group Co., Ltd.

SZSE:000333 Stock Report

Market Cap: CN¥545.8b

Midea Group Past Earnings Performance

Past criteria checks 5/6

Midea Group has been growing earnings at an average annual rate of 8.9%, while the Consumer Durables industry saw earnings growing at 8.1% annually. Revenues have been growing at an average rate of 8.2% per year. Midea Group's return on equity is 17.1%, and it has net margins of 9.4%.

Key information

8.9%

Earnings growth rate

8.8%

EPS growth rate

Consumer Durables Industry Growth8.1%
Revenue growth rate8.2%
Return on equity17.1%
Net Margin9.4%
Next Earnings Update29 Mar 2025

Recent past performance updates

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

Return Trends At Midea Group (SZSE:000333) Aren't Appealing

Jan 27
Return Trends At Midea Group (SZSE:000333) Aren't Appealing

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

Dec 26
Investors Aren't Buying Midea Group Co., Ltd.'s (SZSE:000333) Earnings

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

Revenue & Expenses Breakdown

How Midea Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SZSE:000333 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24399,90237,63555,37315,971
30 Jun 24392,32436,19853,78815,635
31 Mar 24381,87734,61251,30514,896
31 Dec 23372,03833,65448,58214,583
30 Sep 23364,66232,73846,18513,716
30 Jun 23358,24631,74344,05513,364
31 Mar 23349,80030,35442,12212,974
31 Dec 22343,91829,49040,79912,619
30 Sep 22350,25929,50639,87112,166
30 Jun 22350,08629,48940,51612,565
31 Mar 22349,11129,20140,35212,422
31 Dec 21341,23428,49139,00012,015
30 Sep 21328,80328,59534,48112,168
30 Jun 21318,96428,19934,11411,023
31 Mar 21308,71228,81634,01810,561
31 Dec 20284,22227,15832,96710,119
30 Sep 20274,05924,87237,2249,360
30 Jun 20263,51422,84637,4989,514
31 Mar 20261,02422,85240,2319,510
31 Dec 19278,21724,17044,2139,638
30 Sep 19274,82723,62344,9029,022
30 Jun 19270,81222,45744,2239,013
31 Mar 19265,13421,08043,3408,644
31 Dec 18259,66520,20740,8478,377
30 Sep 18259,52120,18639,6858,009
30 Jun 18258,88619,40935,38911,169
31 Mar 18250,69418,18733,7209,209
31 Dec 17240,71217,28434,4317,270
30 Sep 17229,61516,87533,8915,611
30 Jun 17205,97415,99934,9210
31 Mar 17180,46415,13030,7990
31 Dec 16159,05214,68427,4400
30 Sep 16143,45614,50323,4240
30 Jun 16133,46413,87921,3300
31 Mar 16134,36413,27221,8650
31 Dec 15138,44712,70722,1960
30 Sep 15143,97012,56123,6810
30 Jun 15146,85812,21624,0290
31 Mar 15145,75511,30624,0700
31 Dec 14141,67810,50222,4320
30 Sep 14136,31410,25221,2170
30 Jun 14132,3679,28121,0140
31 Mar 14127,7606,83519,7660

Quality Earnings: 000333 has high quality earnings.

Growing Profit Margin: 000333's current net profit margins (9.4%) are higher than last year (9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 000333's earnings have grown by 8.9% per year over the past 5 years.

Accelerating Growth: 000333's earnings growth over the past year (15%) exceeds its 5-year average (8.9% per year).

Earnings vs Industry: 000333 earnings growth over the past year (15%) exceeded the Consumer Durables industry -1.9%.

Return on Equity

High ROE: 000333's Return on Equity (17.1%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/15 13:16
End of Day Share Price 2025/02/14 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.

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 Github.

Analyst Sources

Midea Group Co., Ltd. is covered by 54 analysts. 27 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