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MIDEA GROUP

China, Foshan
Description
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. In addition, the company provides building solutions; industrial robotics, automatic logistics systems, and transmission systems for future factory-related fields and related solutions for health care, entertainment, new consumption, etc.; as well as smart supply chain solutions. Further, the company engages in sale, wholesale, and processing of raw materials of household electrical appliances; and the provision of financial services, such as customer deposit, interbank lending and borrowing, consumption credit, buyer's credit, and finance leasing services. Additionally, it provides Internet of Things solutions for intelligent appliances. Midea Group Co., Ltd. was founded in 1968 and is headquartered in Foshan, China.
Address:

Midea Headquarters Building

Website:
Revenue
Recent news:

AI to Propel China's Modernization Amid Economic Slowdown

Discover how AI is poised to drive China's modernization and economic growth, with significant impacts expected across various industries.

Source: IndexBox Jul 10, 2025

Financial Statistics
Valuation Measures
Current
Quarterly
As of 06/22/2025
Market Cap: 603.79 B
Enterprise Value: 529.96 B
Trailing P/E: 11.90
Forward P/E: 12.59
PEG Ratio (5yr expected): 2.37
Price/Sales (ttm): 1.16
Price/Book (mrq): 2.28
Enterprise Value/Revenue: 1.13
Enterprise Value/EBITDA: 9.08
Financial Highlights
Profitability and Income Statement
Profit Margin: 9.78%
Return on Assets (ttm): 4.39%
Return on Equity (ttm): 19.96%
Revenue (ttm): 428.89 B
Net Income Avi to Common (ttm): 41.88 B
Diluted EPS (ttm): 6.27
Balance Sheet and Cash Flow
Total Cash (mrq): 163.77 B
Total Debt/Equity (mrq): 39.79%
Levered Free Cash Flow (ttm): 12.35 B
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