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Midea Group Co Ltd

000333.SZ

Latest Trade

99.69CNY

Change

0.09(+0.09%)

Volume

35,743,823

Today's Range

96.78

 - 

100.17

52 Week Range

46.30

 - 

105.71

As of on the Shenzhen Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
99.60
Open
99.03
Volume
35,743,823
3M AVG Volume
665.46
Today's High
100.17
Today's Low
96.78
52 Week High
105.71
52 Week Low
46.30
Shares Out (MIL)
7,030.11
Market Cap (MIL)
700,199.30
Forward P/E
27.41
Dividend (Yield %)
1.61

Next Event

Midea Group Co Ltd Extraordinary Shareholders Meeting

Latest Developments

More

Kuka Expects Overall EBIT For FY 2020 To Be Negative

Midea Group's Controlling Shareholder And Party Acting In Concert Cut A Combined 1.0% Stake

Shenzhen Exchange Filing Shows Block Trade Of Midea Group's Shares Involving 3.8 Bln Yuan

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About Midea Group Co Ltd

Midea Group Co., Ltd. is a China-based company principally engaged in the manufacture and distribution of household electronics. The Company's products are categorized into three types, including consumer appliances, heating ventilating and air conditioning (HAVC) and robot and automation systems. The Company’s products mainly consist of central air conditioning systems, heating and ventilation systems, kitchen appliances, refrigerators, washing machines and other small home appliances, such as water dispensers, water purifying devices, air purifiers, electric kettles, dust collectors and humidifiers. The Company is also involved in the production of motors, as well as logistics business. The Company distributes its products within domestic market and to overseas markets.

Industry

Misc. Capital Goods

Contact Info

Midea New Headquarter Building

No. 6 Midea Avenue

Beijiao Town, Shunde District

FOSHAN, GNG

528311

China

+86.757.22607708

http://www.midea.com

Executive Leadership

Hongbo Fang

Chairman of the Board, President

Zheng Zhong

Chief Financial Officer

Helmut Zodl

Chief Financial Officer

Yanmin Gu

Vice President, Director

Bitong Yin

Vice President, Director

Key Stats

1.54 mean rating - 37 analysts
Sell
Hold
Buy
Revenue (MM, CNY)

2017

240.7K

2018

261.8K

2019

279.4K

2020(E)

282.5K
EPS (CNY)

2017

2.630

2018

3.050

2019

3.580

2020(E)

3.628
Price To Earnings (TTM)
27.88
Price To Sales (TTM)
2.54
Price To Book (MRQ)
6.19
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
74.72
LT Debt To Equity (MRQ)
32.83
Return on Investment (TTM)
16.27
Return on Equity (TTM)
7.90

Latest News

Latest News

China stocks retreat from 5-yr high as consumer, property shares weigh

China stocks ended lower on Tuesday, as investors locked in profit following a recent rally, while the market showed scant reaction to news that U.S. President-elect Joe Biden was given the go-ahead to begin his White House transition.

China's blue-chip stocks firm on strong factory data; Hong Kong up

* HK->Shanghai Connect daily quota used 1%, Shanghai->HK daily quota used 4.7%

Chinese firms eye Philips' home appliances unit in up to $3.6 billion deal - sources

Chinese firms Joyoung and Gree Electric are among those eyeing the domestic appliances business of Dutch conglomerate Philips' in a deal worth up to 3 billion euros ($3.6 billion), people with knowledge of the matter said.

Chinese police say Midea founder rescued after house break-in

Chinese police said on Monday that the billionaire founder of house appliance manufacturing giant Midea Group, He Xiangjian, had been rescued safely after his house was broken into the night before.

BRIEF-Kuka FY EBIT Up 39.4% To EUR 47.8 Million

* FY EBIT INCREASES BY 39.4% OVER 2018 TO €47.8 MILLION, EBIT MARGIN RISES TO 1.5% (2018: 1.1%)

China's main manufacturing hubs reboot after virus shutdown

As many parts of China ease coronavirus travel curbs, main manufacturing hubs in the east and south are seeing hundreds of thousands of migrant workers returning to work and more traffic on the roads during rush hours.

Shanghai shares snap 5-day rally on trade woes ahead of U.S. tariff deadline

Shanghai stocks snapped a five-session rally to end lower on Thursday, as investors remained wary ahead of Washington's decision to proceed with new tariffs on Chinese goods this weekend.

Foreign holdings of Chinese consumer giant Midea Group near ownership cap

Foreign holdings of China's largest listed home appliances maker Midea Group Co is nearing an offshore ownership cap, as international investors increase exposure to the country's consumer sector which accounts for more than half of its economy.

Wary of China, Germany plans rapid state intervention to protect key industries

Germany set out plans on Friday to create a government committee to step in quickly to protect companies against foreign takeovers, a sign of concern about China and others acquiring its technology.

Germany plans rapid state intervention to protect key industries

German Economy Minister Peter Altmaier wants to set up a new government body with powers to decide quickly whether to take stakes in key domestic companies to prevent foreign takeovers.

Germany to tighten foreign investment rules for critical sectors

Germany plans to screen non-European investors that want to buy into firms in high-tech sectors such as robotics and artificial intelligence in a move widely seen as targeting Chinese state-backed investors.

Foreign holdings of China equities at record

Foreign holdings of Chinese stocks rose to a record high by the end of the third quarter, despite the ups and downs in a protracted trade dispute with the United States, as Beijing further opens its financial markets to help fund businesses.

China's top businesswoman accuses private sector of bribery

China's private companies have long enjoyed an edge over their state-owned peers, using "unscrupulous" tactics such as bribery, a prominent businesswoman said, at a time when Beijing is seeking to shore up the private sector in a slowing economy.

Retail investors, mid-caps stand out in China's stock rally

Heartened by signs of an end to a long-running trade war with the United States and monetary easing at home, China's stock indices have vaulted by a fifth since the beginning of this year and recovered a big chunk of 2018's losses.

Breakingviews - Chinese stock xenophobia is a problem for MSCI

Chinese financial xenophobia has thrown a wrench in MSCI's plans to offer up smaller local companies. Days after expanding the weight of mainland shares in its benchmarks, the index provider had to drop a popular tech stock thanks to policies capping foreign shareholdings...

UPDATE 2-MSCI deletes Shenzhen stock from indexes due to foreign ownership limits

Global index provider MSCI said it would remove Han's Laser Technology from its China indexes and slash the weighting of Midea Group Co, citing issues triggered by foreign ownership ceilings.

MSCI deletes Shenzhen stock from indexes due to foreign ownership limits

Global index provider MSCI said it would remove Han's Laser Technology from its China indexes and slash the weighting of Midea Group Co , citing investability issues triggered by foreign ownership ceilings.

China's CDH targets raising $1 billion in venture capital arm: sources

China's CDH Investments is aiming to raise nearly $1 billion in dollar and yuan funds through its venture and growth capital arm to invest in sectors including healthcare and logistics, said people with direct knowledge of the matter.

China's Fosun makes bid for German fashion chain Tom Tailor

Chinese conglomerate Fosun International announced a takeover bid for troubled German clothing retailer Tom Tailor on Tuesday, further expanding its reach into Europe's fashion sector.

China Lunar New Year retail sales rise, but pace slowest in years

Sales by China's retail businesses during the Lunar New Year holiday rose 8.5 percent from a year earlier, pushing up consumer stocks on Monday, but a cooler pace of growth added to evidence the economy is slowing.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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