Midea Group Co Ltd
SZSE:000333

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Midea Group Co Ltd
SZSE:000333
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Price: 70.08 CNY -0.07% Market Closed
Market Cap: 490.2B CNY
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Midea Group Co Ltd
Cash & Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Midea Group Co Ltd
Cash & Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash & Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
Midea Group Co Ltd
SZSE:000333
Cash & Cash Equivalents
ÂĄ52B
CAGR 3-Years
13%
CAGR 5-Years
28%
CAGR 10-Years
11%
Haier Smart Home Co Ltd
SSE:600690
Cash & Cash Equivalents
ÂĄ54.7B
CAGR 3-Years
10%
CAGR 5-Years
9%
CAGR 10-Years
7%
Hisense Home Appliances Group Co Ltd
SZSE:000921
Cash & Cash Equivalents
ÂĄ2.7B
CAGR 3-Years
-31%
CAGR 5-Years
-22%
CAGR 10-Years
17%
Beijing Roborock Technology Co Ltd
SSE:688169
Cash & Cash Equivalents
ÂĄ828.5m
CAGR 3-Years
-17%
CAGR 5-Years
100%
CAGR 10-Years
N/A
Zhejiang Supor Co Ltd
SZSE:002032
Cash & Cash Equivalents
ÂĄ1.7B
CAGR 3-Years
20%
CAGR 5-Years
-5%
CAGR 10-Years
2%
Gree Electric Appliances Inc of Zhuhai
SZSE:000651
Cash & Cash Equivalents
ÂĄ90.8B
CAGR 3-Years
-9%
CAGR 5-Years
-8%
CAGR 10-Years
5%
No Stocks Found

Midea Group Co Ltd
Glance View

Market Cap
489.2B CNY
Industry
Consumer products

Midea Group Co. Ltd., a leading global player in the home appliance industry, has established itself as a dynamic force since its inception in 1968. Initially focused on manufacturing air conditioners, Midea has remarkably expanded its portfolio to include an array of innovative products such as refrigerators, kitchen appliances, heating solutions, and intelligent robotics. With a presence in over 200 countries, Midea's commitment to quality and technology innovation has driven impressive revenue growth, positioning the company as a strong competitor against household names like LG and Whirlpool. Furthermore, its strategic partnerships and acquisitions, including the recent integration of robotic company KUKA, hint at a visionary approach to harnessing automation and smart technology in everyday products. For investors, Midea embodies a compelling opportunity marked by its robust market performance and proactive expansion strategies. As urbanization trends intensify globally, the demand for energy-efficient and smart home technologies is rising, presenting an advantageous landscape for Midea’s innovative offerings. The company's focus on sustainability, coupled with substantial investments in research and development, underscores its dedication to leading the industry toward a greener future. With a strong financial foundation, diverse product lines, and an adaptive business model, Midea Group stands out as an attractive investment, promising not only potential for growth but also alignment with emerging market trends and consumer preferences.

Intrinsic Value
103.45 CNY
Undervaluation 32%
Intrinsic Value
Price

See Also

What is Midea Group Co Ltd's Cash & Cash Equivalents?
Cash & Cash Equivalents
52B CNY

Based on the financial report for Jun 30, 2024, Midea Group Co Ltd's Cash & Cash Equivalents amounts to 52B CNY.

What is Midea Group Co Ltd's Cash & Cash Equivalents growth rate?
Cash & Cash Equivalents CAGR 10Y
11%

Over the last year, the Cash & Cash Equivalents growth was 9%. The average annual Cash & Cash Equivalents growth rates for Midea Group Co Ltd have been 13% over the past three years , 28% over the past five years , and 11% over the past ten years .

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