Midea Group Co., Ltd. Logo

Midea Group Co., Ltd.

000333.SZ

(4.2)
Stock Price

72,39 CNY

7.91% ROA

22.12% ROE

15.42x PER

Market Cap.

560.148.801.300,00 CNY

57.76% DER

3.74% Yield

9.25% NPM

Midea Group Co., Ltd. Stock Analysis

Midea Group Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Midea Group Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (21.94%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 DER

The stock has a low debt to equity ratio (49%), which means it has a small amount of debt compared to the ownership it holds

3 Revenue Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

4 Net Profit Growth

Over the last five years, this company's net profit has shown continuous growth, reflecting a robust financial performance and making it an attractive choice for potential investors.

5 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

6 Dividend Growth

The company has demonstrated exceptional dividend growth over the past five years, consistently increasing payouts to shareholders year after year.

7 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

8 ROA

The stock's ROA (7.87%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

9 PBV

The stock's PBV ratio (2.26x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

10 Buffet Intrinsic Value

The company's stock seems undervalued (462) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

11 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

Midea Group Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Midea Group Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Midea Group Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Midea Group Co., Ltd. Revenue
Year Revenue Growth
2003 14.021.867.559
2004 20.378.128.618 31.19%
2005 29.544.578.256 31.03%
2006 35.190.457.861 16.04%
2007 47.920.570.189 26.57%
2008 63.992.087.064 25.11%
2009 68.533.849.239 6.63%
2010 103.847.954.820 34.01%
2011 134.116.154.200 22.57%
2012 102.651.111.050 -30.65%
2013 121.265.180.020 15.35%
2014 142.717.161.730 15.03%
2015 139.910.885.000 -2.01%
2016 160.284.147.000 12.71%
2017 241.918.896.000 33.74%
2018 261.819.635.000 7.6%
2019 279.380.506.000 6.29%
2020 285.709.729.000 2.22%
2021 343.360.825.000 16.79%
2022 345.708.706.000 0.68%
2023 378.336.176.000 8.62%
2023 371.893.302.000 -1.73%
2024 444.262.228.000 16.29%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Midea Group Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 4.530.000.000 100%
2015 5.262.600.000 13.92%
2016 6.045.800.000 12.95%
2017 7.270.134.000 16.84%
2018 8.377.201.000 13.22%
2019 9.638.137.000 13.08%
2020 10.118.667.000 4.75%
2021 12.014.907.000 15.78%
2022 12.618.506.000 4.78%
2023 13.610.320.000 7.29%
2023 14.583.311.000 6.67%
2024 16.270.184.000 10.37%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Midea Group Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 617.508.569
2004 796.924.882 22.51%
2005 1.141.183.848 30.17%
2006 1.246.112.264 8.42%
2007 2.040.249.483 38.92%
2008 2.543.263.947 19.78%
2009 2.484.695.760 -2.36%
2010 3.925.081.981 36.7%
2011 5.907.354.620 33.56%
2012 5.925.780.780 0.31%
2013 6.733.456.280 11.99%
2014 7.498.255.090 10.2%
2015 7.441.755.000 -0.76%
2016 9.620.777.000 22.65%
2017 14.780.236.000 34.91%
2018 9.571.639.000 -54.42%
2019 9.531.361.000 -0.42%
2020 9.264.148.000 -2.88%
2021 10.266.283.000 9.76%
2022 11.582.664.000 11.37%
2023 14.666.676.000 21.03%
2023 13.476.908.000 -8.83%
2024 13.514.840.000 0.28%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Midea Group Co., Ltd. EBITDA
Year EBITDA Growth
2003 486.871.572
2004 1.130.471.278 56.93%
2005 1.690.225.723 33.12%
2006 2.152.267.752 21.47%
2007 3.089.019.234 30.33%
2008 3.907.427.538 20.94%
2009 4.967.710.567 21.34%
2010 5.530.311.534 10.17%
2011 9.989.308.000 44.64%
2012 11.241.286.100 11.14%
2013 12.837.380.430 12.43%
2014 17.940.294.340 28.44%
2015 16.493.614.000 -8.77%
2016 19.721.642.000 16.37%
2017 21.788.888.000 9.49%
2018 27.770.297.000 21.54%
2019 31.910.012.000 12.97%
2020 33.982.467.000 6.1%
2021 35.883.722.000 5.3%
2022 38.100.358.000 5.82%
2023 48.505.412.000 21.45%
2023 42.585.122.000 -13.9%
2024 54.102.976.000 21.29%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Midea Group Co., Ltd. Gross Profit
Year Gross Profit Growth
2003 2.897.320.562
2004 3.574.393.986 18.94%
2005 5.139.599.202 30.45%
2006 6.339.261.141 18.92%
2007 9.367.729.731 32.33%
2008 12.081.344.447 22.46%
2009 15.476.498.681 21.94%
2010 18.689.437.460 17.19%
2011 25.685.779.070 27.24%
2012 23.140.163.580 -11%
2013 28.242.074.710 18.06%
2014 36.641.280.550 22.92%
2015 36.684.306.000 0.12%
2016 44.226.264.000 17.05%
2017 61.204.702.000 27.74%
2018 73.462.374.000 16.69%
2019 81.332.327.000 9.68%
2020 72.757.997.000 -11.78%
2021 78.734.745.000 7.59%
2022 85.112.863.000 7.49%
2023 103.922.284.000 18.1%
2023 98.376.697.001 -5.64%
2024 119.079.348.000 17.39%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Midea Group Co., Ltd. Net Profit
Year Net Profit Growth
2003 25.637.353
2004 85.229.574 69.92%
2005 182.438.783 53.28%
2006 641.780.964 71.57%
2007 1.438.692.072 55.39%
2008 1.496.976.702 3.89%
2009 1.611.448.449 7.1%
2010 3.705.968.984 56.52%
2011 3.449.100.420 -7.45%
2012 3.259.290.950 -5.82%
2013 5.317.458.060 38.71%
2014 10.502.220.260 49.37%
2015 12.706.725.000 17.35%
2016 14.684.357.000 13.47%
2017 17.283.689.000 15.04%
2018 20.230.779.000 14.57%
2019 24.211.222.000 16.44%
2020 27.222.969.000 11.06%
2021 28.573.650.000 4.73%
2022 29.553.507.000 3.32%
2023 37.940.760.000 22.11%
2023 33.719.935.000 -12.52%
2024 47.216.676.000 28.58%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Midea Group Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 100%
2014 2 0%
2015 2 50%
2016 2 0%
2017 3 0%
2018 3 33.33%
2019 4 0%
2020 4 0%
2021 4 25%
2022 4 0%
2023 6 20%
2023 5 -25%
2024 7 33.33%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Midea Group Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2004 -167.128.485
2005 -184.163.343 9.25%
2006 1.620.205.015 111.37%
2007 -221.891.611 830.18%
2008 1.251.981.813 117.72%
2009 -2.047.096.215 161.16%
2010 -6.050.450.582 66.17%
2011 -2.675.879.540 -126.11%
2012 5.270.664.790 150.77%
2013 7.938.807.000 33.61%
2014 22.110.331.980 64.09%
2015 23.633.322.000 6.44%
2016 24.371.579.000 3.03%
2017 21.224.221.000 -14.83%
2018 22.249.229.000 4.61%
2019 35.138.548.000 36.68%
2020 24.900.535.000 -41.12%
2021 28.266.347.000 11.91%
2022 27.305.713.000 -3.52%
2023 13.653.280.000 -99.99%
2023 56.924.793.000 76.02%
2024 18.415.697.000 -209.11%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Midea Group Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2004 1.498.308.395
2005 2.437.805.745 38.54%
2006 2.415.555.006 -0.92%
2007 2.149.740.838 -12.36%
2008 4.419.600.460 51.36%
2009 0 0%
2010 0 0%
2011 4.106.194.530 100%
2012 8.089.566.650 49.24%
2013 10.054.196.410 19.54%
2014 24.788.511.130 59.44%
2015 26.764.254.000 7.38%
2016 26.695.009.000 -0.26%
2017 24.442.623.000 -9.21%
2018 27.861.080.000 12.27%
2019 38.590.404.000 27.8%
2020 29.557.117.000 -30.56%
2021 35.091.704.000 15.77%
2022 34.657.828.000 -1.25%
2023 15.002.382.000 -131.02%
2023 63.238.844.000 76.28%
2024 20.669.098.000 -205.96%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Midea Group Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2004 1.665.436.880
2005 2.621.969.088 36.48%
2006 795.349.990 -229.66%
2007 2.371.632.449 66.46%
2008 3.167.618.647 25.13%
2009 2.047.096.215 -54.74%
2010 6.050.450.582 66.17%
2011 6.782.074.070 10.79%
2012 2.818.901.860 -140.59%
2013 2.115.389.410 -33.26%
2014 2.678.179.150 21.01%
2015 3.130.932.000 14.46%
2016 2.323.430.000 -34.75%
2017 3.218.402.000 27.81%
2018 5.611.851.000 42.65%
2019 3.451.856.000 -62.57%
2020 4.656.582.000 25.87%
2021 6.825.357.000 31.78%
2022 7.352.115.000 7.16%
2023 1.349.102.000 -444.96%
2023 6.314.051.000 78.63%
2024 2.253.401.000 -180.2%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Midea Group Co., Ltd. Equity
Year Equity Growth
2003 3.258.725.827
2004 4.034.175.330 19.22%
2005 4.906.887.225 17.79%
2006 5.860.610.078 16.27%
2007 8.569.652.908 31.61%
2008 11.150.143.014 23.14%
2009 16.581.141.599 32.75%
2010 22.548.165.366 26.46%
2011 30.145.571.610 25.2%
2012 33.165.485.340 9.11%
2013 39.080.562.280 15.14%
2014 45.731.455.240 14.54%
2015 56.031.622.000 18.38%
2016 68.976.696.000 18.77%
2017 82.925.171.000 16.82%
2018 92.454.517.000 10.31%
2019 107.496.097.000 13.99%
2020 124.237.100.000 13.48%
2021 134.825.076.000 7.85%
2022 151.923.802.000 11.25%
2023 174.299.649.000 12.84%
2023 168.262.257.000 -3.59%
2024 176.285.368.000 4.55%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Midea Group Co., Ltd. Assets
Year Assets Growth
2003 9.344.069.873
2004 12.625.078.478 25.99%
2005 16.124.790.918 21.7%
2006 19.400.729.172 16.89%
2007 27.421.108.056 29.25%
2008 35.898.659.436 23.62%
2009 52.065.829.973 31.05%
2010 70.960.357.054 26.63%
2011 90.345.141.840 21.46%
2012 87.736.526.980 -2.97%
2013 96.946.024.770 9.5%
2014 120.292.088.160 19.41%
2015 128.841.935.000 6.64%
2016 170.600.711.000 24.48%
2017 248.106.858.000 31.24%
2018 263.701.148.000 5.91%
2019 301.955.419.000 12.67%
2020 360.382.603.000 16.21%
2021 387.946.104.000 7.1%
2022 422.555.267.000 8.19%
2023 486.038.184.000 13.06%
2023 465.019.979.000 -4.52%
2024 506.631.909.000 8.21%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Midea Group Co., Ltd. Liabilities
Year Liabilities Growth
2003 6.085.344.044
2004 8.590.903.147 29.17%
2005 11.217.903.691 23.42%
2006 13.540.119.093 17.15%
2007 18.851.455.147 28.17%
2008 24.748.516.421 23.83%
2009 35.484.688.373 30.26%
2010 48.412.191.687 26.7%
2011 60.199.570.230 19.58%
2012 54.571.041.640 -10.31%
2013 57.865.462.490 5.69%
2014 74.560.632.920 22.39%
2015 72.810.313.000 -2.4%
2016 101.624.015.000 28.35%
2017 165.181.687.000 38.48%
2018 171.246.631.000 3.54%
2019 194.459.322.000 11.94%
2020 236.145.503.000 17.65%
2021 253.121.028.000 6.71%
2022 270.631.465.000 6.47%
2023 310.003.603.000 12.7%
2023 296.757.722.000 -4.46%
2024 330.346.541.000 10.17%

Midea Group Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
56.22
Net Income per Share
5.2
Price to Earning Ratio
15.42x
Price To Sales Ratio
1.43x
POCF Ratio
8.63
PFCF Ratio
9.73
Price to Book Ratio
3.4
EV to Sales
1.41
EV Over EBITDA
12.5
EV to Operating CashFlow
8.56
EV to FreeCashFlow
9.64
Earnings Yield
0.06
FreeCashFlow Yield
0.1
Market Cap
560,15 Bil.
Enterprise Value
555,29 Bil.
Graham Number
52.55
Graham NetNet
-11.3

Income Statement Metrics

Net Income per Share
5.2
Income Quality
1.79
ROE
0.22
Return On Assets
0.07
Return On Capital Employed
0.17
Net Income per EBT
0.84
EBT Per Ebit
1.11
Ebit per Revenue
0.1
Effective Tax Rate
0.17

Margins

Sales, General, & Administrative to Revenue
0.04
Research & Developement to Revenue
0.04
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.27
Operating Profit Margin
0.1
Pretax Profit Margin
0.11
Net Profit Margin
0.09

Dividends

Dividend Yield
0.04
Dividend Yield %
3.74
Payout Ratio
1.09
Dividend Per Share
3

Operating Metrics

Operating Cashflow per Share
9.29
Free CashFlow per Share
8.25
Capex to Operating CashFlow
0.11
Capex to Revenue
0.02
Capex to Depreciation
2.83
Return on Invested Capital
0.12
Return on Tangible Assets
0.08
Days Sales Outstanding
88.2
Days Payables Outstanding
108.96
Days of Inventory on Hand
56.94
Receivables Turnover
4.14
Payables Turnover
3.35
Inventory Turnover
6.41
Capex per Share
1.04

Balance Sheet

Cash per Share
22,65
Book Value per Share
25,26
Tangible Book Value per Share
18.44
Shareholders Equity per Share
23.61
Interest Debt per Share
13.97
Debt to Equity
0.58
Debt to Assets
0.19
Net Debt to EBITDA
-0.11
Current Ratio
1.09
Tangible Asset Value
128,75 Bil.
Net Current Asset Value
-28,56 Bil.
Invested Capital
112150788000
Working Capital
25,42 Bil.
Intangibles to Total Assets
0.09
Average Receivables
89,47 Bil.
Average Payables
82,03 Bil.
Average Inventory
44708240000
Debt to Market Cap
0.17

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Midea Group Co., Ltd. Dividends
Year Dividends Growth
2014 2
2015 1 -100%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 2 0%
2021 2 0%
2022 2 0%
2023 3 50%
2024 3 33.33%

Midea Group Co., Ltd. Profile

About Midea Group Co., Ltd.

Midea Group Co., Ltd., together with its subsidiaries, manufactures and sells home appliances, and robotic and automation systems in China and internationally. It operates through five segments: Smart Home Business Group, Industrial Technology Business Group, Building Technologies Division, Robotics & Automation Division, and Digital Innovation Business. The company offers household and commercial air conditioning appliances; refrigeration, laundry, and large cooking appliances; kitchen, water, vacuum, and small domestic appliances; and lighting products. It also provides core components, such as compressors, motors, chips, variable frequency drives, servo systems, and cooling modules under the GMCC, Welling, MR, TOSHIBA, HICONICS, SUNYE, SERVOTRONIX, DORNA, etc. for household appliances, automobile industrial control, and 3C industries. In addition, the company provides building solutions; industrial robotics, automatic logistics systems, and transmission systems for future factory-related fields, as well as solutions for health care, entertainment, new consumption, etc.; software services, unmanned retail solutions, and production services; and medical imaging devices and related services, as well as smart supply chain solutions. Further, it engages in sale, wholesale, and processing of raw materials of household electrical appliances; and the provision of financial services, such as customer deposit, interbank lending and borrowing, consumption credit, buyer's credit, petty loan, factoring, and finance leasing services. Additionally, the company provides Internet of Things solutions for intelligent appliances. Midea Group Co., Ltd. was founded in 1968 and is headquartered in Foshan, China. Midea Group Co., Ltd. is a subsidiary of Midea Holding Co., Ltd.

CEO
Mr. Hongbo Fang
Employee
190.000
Address
Midea Headquarters Building
Foshan, 528311

Midea Group Co., Ltd. Executives & BODs

Midea Group Co., Ltd. Executives & BODs
# Name Age
1 Ms. Zheng Zhong
Vice President, Chief Financial Officer & Director of Finance
70
2 Mr. Chang Wei
Vice President & Chief Technology Officer
70
3 Mr. Jianguo Wang
Vice President, Co-President of the Smart Home Business Group, President of International Business & Director
70
4 Ms. Wenxin Zhao
Chief People Officer & Director of Human Resources
70
5 Dr. Yanmin Gu
President of the Robotics & Automation Division, Vice President and Non-Independent Director
70
6 Mr. Peng Jiang
Joint Company Secretary & Investor Relations Director
70
7 Mr. Jinliang Wang
Vice President
70
8 Mr. Xiaoyi Zhang
Vice President & Chief Digital Officer
70
9 Mr. Yongjun Fu
Vice President, President of the Industrial Technology Business Group & Director
70
10 Mr. Hongbo Fang
Chairman & Chief Executive Officer
70

Midea Group Co., Ltd. Competitors