Midea Group Co., Ltd.

OTCPK:MGCL.Y Stock Report

Market Cap: US$102.7b

Midea Group Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Eric Wang

Chief executive officer

CN¥23.5m

Total compensation

CEO salary percentage16.78%
CEO tenure1yr
CEO ownershipn/a
Management average tenure4.6yrs
Board average tenure2.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Eric Wang's remuneration changed compared to Midea Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

CN¥44b

Mar 31 2026n/an/a

CN¥44b

Dec 31 2025CN¥24mCN¥4m

CN¥44b

Sep 30 2025n/an/a

CN¥44b

Jun 30 2025n/an/a

CN¥44b

Mar 31 2025n/an/a

CN¥42b

Dec 31 2024CN¥22mCN¥3m

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¥20mCN¥11m

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¥6mn/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¥5mn/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¥6mn/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¥4mn/a

CN¥24b

Compensation vs Market: Eric's total compensation ($USD3.51M) is below average for companies of similar size in the US market ($USD14.74M).

Compensation vs Earnings: Eric's compensation has been consistent with company performance over the past year.

CEO

Eric Wang (49 yo)

1yr
Tenure
CN¥23,524,000
Compensation

Mr. Jianguo Wang, also known as Eric, is Chairman of the Board of Beijing Wandong Medical Technology Co. Ltd. from January 26, 2026. He serves as Chief Executive Officer at Midea Group Co., Ltd.since Sept...

Leadership Team

NamePositionTenureCompensationOwnership
Hongbo Fang
President & Chairman14.1yrsCN¥96.03m1.44%
$ 1.5b
Jianguo Wang
Chief Executive Officer & Director1yrCN¥23.52mno data
Zheng Zhong
Vice President4.6yrsCN¥8.90m0.0034%
$ 3.5m
Shu Gao
Board Secretary1.5yrsCN¥3.31mno data
Wenxin Zhao
VP & Chief People Officer4.6yrsCN¥5.88m0.0055%
$ 5.6m
Yanmin Gu
President of the Robotics & Automation Divisionno dataCN¥15.67mno data
Jinliang Wang
Vice President12.1yrsCN¥5.58m0.0047%
$ 4.8m
Xiaoyi Zhang
VP & Chief Digital Officerno dataCN¥7.36m0.0064%
$ 6.5m
Jinwei Guan
VP, President of the Building Technologies Division & Non-Independent Directorno dataCN¥27.22m0.0066%
$ 6.8m
Guolin Li
VP and Director of Quality6.2yrsCN¥5.99m0.0054%
$ 5.6m
Lei Zhao
Vice Presidentno dataCN¥13.65m0.0013%
$ 1.3m
Lihong Chen
Accounting Supervisorno datano datano data
4.6yrs
Average Tenure
49yo
Average Age

Experienced Management: MGCL.Y's management team is considered experienced (4.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Hongbo Fang
President & Chairman14.1yrsCN¥96.03m1.44%
$ 1.5b
Jianguo Wang
Chief Executive Officer & Director5yrsCN¥23.52mno data
Yanmin Gu
President of the Robotics & Automation Division12.4yrsCN¥15.67mno data
Jinwei Guan
VP, President of the Building Technologies Division & Non-Independent Director2.2yrsCN¥27.22m0.0066%
$ 6.8m
Jun Zhao
Non-Independent Director2.2yrsno datano data
Geng Xiao
Independent Director2.2yrsCN¥450.00kno data
Dingbo Xu
Independent Director2.2yrsCN¥450.00kno data
Qiao Liu
Independent Director2.2yrsCN¥450.00kno data
Tian Zhang
Employee Director1.3yrsCN¥1.24mno data
Ya Zhang
Independent Non-Executive Directorless than a yearno datano data
2.2yrs
Average Tenure
56yo
Average Age

Experienced Board: MGCL.Y's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/17 22:43
End of Day Share Price 2026/09/17 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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 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 43 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Melinda HuBernstein
Chen LuoBofA Global Research
Wenli ZhaoCCB International Securities Limited