Midea Group Co Ltd


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52 Week Range




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


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3M AVG Volume
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52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
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Next Event

Q4 2021 Midea Group Co Ltd Earnings Release

Latest Developments


Midea Group Plans To Acquire Germany's KUKA

Midea Says Controlling Shareholder's Party Acting In Concert Bought 1.05 Bln Yuan Worth Of Shares

Shenzhen Exchange Filing Shows Block Trade Of Midea Group's Shares Involving 563.3 Mln Yuan


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.


Misc. Capital Goods

Contact Info

Midea New Headquarter Building

No. 6 Midea Avenue

Beijiao Town, Shunde District





Executive Leadership

Hongbo Fang

Chairman of the Board, President

Zheng Zhong

Chief Financial Officer

Ziqiang Hu

Chief Technology Officer, Vice President

Xiaoyi Zhang

Chief Information Officer, Vice President

Yanmin Gu

Vice President, Director

Key Stats

1.50 mean rating - 34 analysts
Revenue (MM, CNY)
















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Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)

Latest News

Latest News

China-focused equity funds see outflows for second month in August

Global investors sold China-focused equity funds for the second straight month in August on concerns over a regulatory crackdown on local firms and the economic impact of the Delta coronavirus variant.

The electric vehicle boom is pay-dirt for factory machinery makers

The investment surge by both new and established automakers in the electric vehicle market is a bonanza for factory equipment manufacturers that supply the highly automated picks and shovels for the prospectors in the EV gold rush.

China's Suning shares jump after restructuring eases debt concerns

Shares in China's jumped by a maximum 10% on Tuesday after the loss-making online retailer announced a restructuring plan that will see a state-backed fund become a major shareholder, easing investors' liquidity concerns.

Chip charge: Chinese phone, car, home appliance companies join semiconductor rush

Smartphone maker Xiaomi has joined a rush of Chinese tech companies venturing into the semiconductor sector, announcing on Wednesday a new chip to help smartphone cameras process images.

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.

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