Midea Group Co Ltd
SZSE:000333

Watchlist Manager
Midea Group Co Ltd Logo
Midea Group Co Ltd
SZSE:000333
Watchlist
Price: 75.12 CNY 0.58% Market Closed
Market Cap: 575.1B CNY
Have any thoughts about
Midea Group Co Ltd?
Write Note
Midea Group Co Ltd
/
Income Statement
/
Net Income (Common)

Midea Group Co Ltd
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Midea Group Co Ltd
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
Midea Group Co Ltd
SZSE:000333
Net Income (Common)
¥37.6B
CAGR 3-Years
10%
CAGR 5-Years
10%
CAGR 10-Years
14%
Haier Smart Home Co Ltd
SSE:600690
Net Income (Common)
¥18.6B
CAGR 3-Years
14%
CAGR 5-Years
16%
CAGR 10-Years
14%
Hisense Home Appliances Group Co Ltd
SZSE:000921
Net Income (Common)
¥3.2B
CAGR 3-Years
29%
CAGR 5-Years
15%
CAGR 10-Years
15%
Beijing Roborock Technology Co Ltd
SSE:688169
Net Income (Common)
¥2.1B
CAGR 3-Years
14%
CAGR 5-Years
46%
CAGR 10-Years
N/A
Zhejiang Supor Co Ltd
SZSE:002032
Net Income (Common)
¥2.3B
CAGR 3-Years
4%
CAGR 5-Years
4%
CAGR 10-Years
13%
Gree Electric Appliances Inc of Zhuhai
SZSE:000651
Net Income (Common)
¥30.9B
CAGR 3-Years
9%
CAGR 5-Years
3%
CAGR 10-Years
9%
No Stocks Found

Midea Group Co Ltd
Glance View

Market Cap
574.3B 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
80.77 CNY
Undervaluation 7%
Intrinsic Value
Price
What is Intrinsic Value?

See Also

What is Midea Group Co Ltd's Net Income (Common)?
Net Income (Common)
37.6B CNY

Based on the financial report for Sep 30, 2024, Midea Group Co Ltd's Net Income (Common) amounts to 37.6B CNY.

What is Midea Group Co Ltd's Net Income (Common) growth rate?
Net Income (Common) CAGR 10Y
14%

Over the last year, the Net Income (Common) growth was 15%. The average annual Net Income (Common) growth rates for Midea Group Co Ltd have been 10% over the past three years , 10% over the past five years , and 14% over the past ten years .

Back to Top
ALPHA SPREAD
Follow us
Join more than 214,700+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.