300 Stock Overview

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

300 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	4/6
Financial Health	6/6
Dividends	5/6

Rewards

Earnings are forecast to grow 9.45% per year

Earnings have grown 8.9% per year over the past 5 years

Pays a reliable dividend of 4.05%

Risk Analysis

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Midea Group Co., Ltd. Competitors

Vesync

SEHK:2148

HK$4.8b

ANTA Sports Products

SEHK:2020

HK$227.5b

JS Global Lifestyle

SEHK:1691

HK$4.5b

Prada

SEHK:1913

HK$158.8b

Price History & Performance

Summary of share price highs, lows and changes for Midea Group
Historical stock prices
Current Share Price	CN¥74.65
52 Week High	CN¥101.00
52 Week Low	CN¥58.00
Beta	0.92
1 Month Change	11.25%
3 Month Change	16.64%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	26.31%

Recent updates

Shareholder Returns

	300	HK Consumer Durables	HK Market
7D	-0.3%	-1.3%	-0.5%
1Y	n/a	2.6%	19.9%

Return vs Industry: Insufficient data to determine how 300 performed against the Hong Kong Consumer Durables industry.

Return vs Market: Insufficient data to determine how 300 performed against the Hong Kong Market.

Price Volatility

Is 300's price volatile compared to industry and market?
300 volatility
300 Average Weekly Movement	10.9%
Consumer Durables Industry Average Movement	6.9%
Market Average Movement	8.8%
10% most volatile stocks in HK Market	18.6%
10% least volatile stocks in HK Market	4.1%

Stable Share Price: 300 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: Insufficient data to determine 300's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1968	190,000	Hongbo Fang	www.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?
300 fundamental statistics
Market cap	HK$598.00b
Earnings (TTM)	HK$40.11b
Revenue (TTM)	HK$426.19b

15.0x

P/E Ratio

1.4x

P/S Ratio

Is 300 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
300 income statement (TTM)
Revenue	CN¥399.90b
Cost of Revenue	CN¥291.44b
Gross Profit	CN¥108.46b
Other Expenses	CN¥70.83b
Earnings	CN¥37.64b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	4.94
Gross Margin	27.12%
Net Profit Margin	9.41%
Debt/Equity Ratio	36.7%

How did 300 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

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 22:00
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

Analyst	Institution
Chen Luo	BofA Global Research
Hiu Ying Chu	CCB International Securities Limited
Siti Bte Salikin	CFRA Equity Research

Midea Group SEHK:300 Stock Report