Midea Group Co Ltd
SZSE:000333

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Midea Group Co Ltd
SZSE:000333
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Price: 75.93 CNY 0.73% Market Closed
Market Cap: 581.3B CNY
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Midea Group Co Ltd
Income from Continuing Operations

Last Value
3-Years 3-Y CAGR
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Midea Group Co Ltd
Income from Continuing Operations Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Income from Continuing Operations CAGR 3Y CAGR 5Y CAGR 10Y
Midea Group Co Ltd
SZSE:000333
Income from Continuing Operations
ÂĄ37.6B
CAGR 3-Years
9%
CAGR 5-Years
9%
CAGR 10-Years
13%
Haier Smart Home Co Ltd
SSE:600690
Income from Continuing Operations
ÂĄ18.9B
CAGR 3-Years
12%
CAGR 5-Years
8%
CAGR 10-Years
11%
Hisense Home Appliances Group Co Ltd
SZSE:000921
Income from Continuing Operations
ÂĄ5B
CAGR 3-Years
18%
CAGR 5-Years
25%
CAGR 10-Years
20%
Beijing Roborock Technology Co Ltd
SSE:688169
Income from Continuing Operations
ÂĄ2.1B
CAGR 3-Years
14%
CAGR 5-Years
46%
CAGR 10-Years
N/A
Zhejiang Supor Co Ltd
SZSE:002032
Income from Continuing Operations
ÂĄ2.3B
CAGR 3-Years
4%
CAGR 5-Years
4%
CAGR 10-Years
12%
Gree Electric Appliances Inc of Zhuhai
SZSE:000651
Income from Continuing Operations
ÂĄ29.4B
CAGR 3-Years
7%
CAGR 5-Years
1%
CAGR 10-Years
8%
No Stocks Found

Midea Group Co Ltd
Glance View

Market Cap
580.5B 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
80.85 CNY
Undervaluation 6%
Intrinsic Value
Price

See Also

What is Midea Group Co Ltd's Income from Continuing Operations?
Income from Continuing Operations
37.6B CNY

Based on the financial report for Sep 30, 2024, Midea Group Co Ltd's Income from Continuing Operations amounts to 37.6B CNY.

What is Midea Group Co Ltd's Income from Continuing Operations growth rate?
Income from Continuing Operations CAGR 10Y
13%

Over the last year, the Income from Continuing Operations growth was 13%. The average annual Income from Continuing Operations growth rates for Midea Group Co Ltd have been 9% over the past three years , 9% over the past five years , and 13% over the past ten years .

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