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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Net Margin
Midea Group Co Ltd

9.4%
Current
9%
Average
3.3%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
9.4%
=
Net Income
37.6B
/
Revenue
401.7B

Net Margin Across Competitors

Country CN
Market Cap 580.5B CNY
Net Margin
9%
Country CN
Market Cap 269.1B CNY
Net Margin
7%
Country CN
Market Cap 257.1B CNY
Net Margin
16%
Country US
Market Cap 14.4B USD
Net Margin
7%
Country US
Market Cap 6.3B USD
Net Margin
3%
Country CN
Market Cap 43.6B CNY
Net Margin
10%
Country CN
Market Cap 43.4B CNY
Net Margin
4%
Country CN
Market Cap 43.1B CNY
Net Margin
22%
Country CN
Market Cap 38.5B CNY
Net Margin
16%
Country FR
Market Cap 4.7B EUR
Net Margin
5%
Country IT
Market Cap 4.5B EUR
Net Margin
8%
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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
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
9.4%
=
Net Income
37.6B
/
Revenue
401.7B
What is the Net Margin of Midea Group Co Ltd?

Based on Midea Group Co Ltd's most recent financial statements, the company has Net Margin of 9.4%.