Midea Group Co Ltd
SZSE:000333

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Midea Group Co Ltd
SZSE:000333
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Price: 77.58 CNY 2.17% Market Closed
Market Cap: 593.9B CNY
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Midea Group Co Ltd
Total Current Assets

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
Total Current Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Current Assets CAGR 3Y CAGR 5Y CAGR 10Y
Midea Group Co Ltd
SZSE:000333
Total Current Assets
ÂĄ362B
CAGR 3-Years
12%
CAGR 5-Years
13%
CAGR 10-Years
16%
Haier Smart Home Co Ltd
SSE:600690
Total Current Assets
ÂĄ134.5B
CAGR 3-Years
4%
CAGR 5-Years
7%
CAGR 10-Years
8%
Hisense Home Appliances Group Co Ltd
SZSE:000921
Total Current Assets
ÂĄ49.9B
CAGR 3-Years
8%
CAGR 5-Years
15%
CAGR 10-Years
19%
Beijing Roborock Technology Co Ltd
SSE:688169
Total Current Assets
ÂĄ8.9B
CAGR 3-Years
14%
CAGR 5-Years
49%
CAGR 10-Years
N/A
Zhejiang Supor Co Ltd
SZSE:002032
Total Current Assets
ÂĄ8.5B
CAGR 3-Years
-6%
CAGR 5-Years
0%
CAGR 10-Years
6%
Gree Electric Appliances Inc of Zhuhai
SZSE:000651
Total Current Assets
ÂĄ234.3B
CAGR 3-Years
3%
CAGR 5-Years
0%
CAGR 10-Years
6%
No Stocks Found

Midea Group Co Ltd
Glance View

Market Cap
593.1B CNY
Industry
Consumer products

In the bustling landscape of global appliance manufacturing, Midea Group Co., Ltd. has emerged as a formidable force, weaving innovation into the fabric of everyday living. Founded in 1968 in Guangdong, China, Midea’s transformation over the decades reflects a tale of strategic expansion and diversification. It began as a humble workshop producing bottle lids, but gradually, it burgeoned into a diversified giant with a presence in various sectors such as HVAC systems, home appliances, robotics, and industrial automation systems. Midea's primary revenue stream flows from its home appliance segment, where it dominates in the sale of air conditioners, refrigerators, washing machines, and kitchen appliances. The company deftly leverages its large-scale manufacturing capabilities, state-of-the-art R&D, and extensive distribution networks to deliver products that epitomize quality and innovation, catering to the needs of millions of households around the globe. Midea's business model, akin to a symphony, is composed of multiple harmonious elements, ensuring a constant flow of income. The company's forward-thinking approach to research and development has enabled its success, with substantial investments geared towards enhancing energy efficiency and smart home technologies. Collaborations and acquisitions, such as its notable purchase of the German robotics company KUKA, exemplify its commitment to venturing beyond traditional home appliances, embedding itself deeper into industrial automation. This acquisition marks a significant leap in its journey toward becoming a juggernaut of technological innovation. Midea’s strategic focus on both consumer-centric and industrial applications helps maintain a balanced portfolio that shields it from economic fluctuations in any single market segment. Such strategic maneuvering has established Midea as a stalwart in the appliance industry while setting the stage for its continual evolution in an ever-changing technological landscape.

Intrinsic Value
80.76 CNY
Undervaluation 4%
Intrinsic Value
Price

See Also

What is Midea Group Co Ltd's Total Current Assets?
Total Current Assets
362B CNY

Based on the financial report for Sep 30, 2024, Midea Group Co Ltd's Total Current Assets amounts to 362B CNY.

What is Midea Group Co Ltd's Total Current Assets growth rate?
Total Current Assets CAGR 10Y
16%

Over the last year, the Total Current Assets growth was 32%. The average annual Total Current Assets growth rates for Midea Group Co Ltd have been 12% over the past three years , 13% over the past five years , and 16% over the past ten years .

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