Midea Group Management

Management criteria checks 1/4

Midea Group's CEO is Hongbo Fang, appointed in Aug 2012, has a tenure of 12.75 years. total yearly compensation is CN¥81.89M, comprised of 16.8% salary and 83.2% bonuses, including company stock and options. directly owns 1.53% of the company’s shares, worth HK$9.14B. The average tenure of the management team and the board of directors is 4 years and 0.8 years respectively.

Key information

Hongbo Fang

Chief executive officer

CN¥81.9m

Total compensation

CEO salary percentage16.8%
CEO tenure12.8yrs
CEO ownership1.5%
Management average tenure4yrs
Board average tenureless than a year

Recent management updates

No updates

Recent updates

CEO Compensation Analysis

How has Hongbo Fang's remuneration changed compared to Midea Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

CN¥42b

Dec 31 2024CN¥82mCN¥14m

CN¥38b

Sep 30 2024n/an/a

CN¥38b

Jun 30 2024n/an/a

CN¥36b

Mar 31 2024n/an/a

CN¥35b

Dec 31 2023CN¥65mCN¥14m

CN¥34b

Sep 30 2023n/an/a

CN¥33b

Jun 30 2023n/an/a

CN¥32b

Mar 31 2023n/an/a

CN¥30b

Dec 31 2022CN¥11mn/a

CN¥29b

Sep 30 2022n/an/a

CN¥30b

Jun 30 2022n/an/a

CN¥29b

Mar 31 2022n/an/a

CN¥29b

Dec 31 2021CN¥11mn/a

CN¥28b

Sep 30 2021n/an/a

CN¥29b

Jun 30 2021n/an/a

CN¥28b

Mar 31 2021n/an/a

CN¥29b

Dec 31 2020CN¥12mn/a

CN¥27b

Sep 30 2020n/an/a

CN¥25b

Jun 30 2020n/an/a

CN¥23b

Mar 31 2020n/an/a

CN¥23b

Dec 31 2019CN¥10mn/a

CN¥24b

Sep 30 2019n/an/a

CN¥24b

Jun 30 2019n/an/a

CN¥22b

Mar 31 2019n/an/a

CN¥21b

Dec 31 2018CN¥8mn/a

CN¥20b

Compensation vs Market: Hongbo's total compensation ($USD11.26M) is above average for companies of similar size in the Hong Kong market ($USD807.77K).

Compensation vs Earnings: Hongbo's compensation has increased by more than 20% in the past year.


CEO

Hongbo Fang (57 yo)

12.8yrs

Tenure

CN¥81,886,000

Compensation

Mr. Hongbo Fang has been the Chief Executive Officer at Midea Group Co., Ltd. and served its President since August 25, 2012. Mr. Fang serves as the Principal of Wuxi Little Swan Company Limited.He has be...


Leadership Team

NamePositionTenureCompensationOwnership
Hongbo Fang
Chairman & CEO12.8yrsCN¥81.89m1.53%
HK$ 9.1b
Zheng Zhong
VP, CFO & Financial Controller3.3yrsCN¥9.46m0.0036%
HK$ 21.6m
Chang Wei
VP & CTO2.8yrsCN¥7.07mno data
Shu Gao
Board Secretaryless than a yearno datano data
Wenxin Zhao
VP, Chief Talent Officer & Human Resources Director3.3yrsCN¥6.36m0.0058%
HK$ 34.7m
Yanmin Gu
President of the Robotics & Automation Divisionno dataCN¥14.68mno data
Jinliang Wang
Vice President10.8yrsCN¥6.06m0.0050%
HK$ 29.5m
Jianguo Wang
VP, Co-President of the Smart Home Business Group7.4yrsCN¥22.39mno data
Xiaoyi Zhang
VP & Chief Digital Officerno dataCN¥7.98m0.0068%
HK$ 40.4m
Jinwei Guan
VP, President of the Building Technologies Division & Non-Independent Directorno dataCN¥13.01m0.0071%
HK$ 42.1m
Guolin Li
VP and Director of Quality4.8yrsCN¥6.53m0.0058%
HK$ 34.4m
Lei Zhao
Vice Presidentno dataCN¥15.00m0.0014%
HK$ 8.1m

4.0yrs

Average Tenure

47yo

Average Age

Experienced Management: 300's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hongbo Fang
Chairman & CEO12.8yrsCN¥81.89m1.53%
HK$ 9.1b
Yanmin Gu
President of the Robotics & Automation Division11.1yrsCN¥14.68mno data
Jianguo Wang
VP, Co-President of the Smart Home Business Group3.7yrsCN¥22.39mno data
Jinwei Guan
VP, President of the Building Technologies Division & Non-Independent Directorless than a yearCN¥13.01m0.0071%
HK$ 42.1m
Jun Zhao
Non-Independent Directorless than a yearno datano data
Geng Xiao
Independent Directorless than a yearCN¥225.00kno data
Dingbo Xu
Independent Directorless than a yearCN¥225.00kno data
Qiao Liu
Independent Directorless than a yearCN¥225.00kno data
Huiming Liang
Employee Representative Supervisor8.2yrsno datano data
Wentao Dong
Chairman of the Supervisory Committee4.6yrsno datano data
Lingyan Ren
Non-Employee Supervisorless than a yearno data0.00011%
HK$ 656.1k
Lili Qiu
Independent Directorless than a yearCN¥225.00kno data

0.8yrs

Average Tenure

48.5yo

Average Age

Experienced Board: 300's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/02 17:09
End of Day Share Price 2025/05/02 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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 49 analysts. 23 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
Yunqiao DuCCB International Securities Limited
Siti Bte SalikinCFRA Equity Research