Craft

Midea

Stock Price

¥74.1

2024-10-29

Market Capitalization

¥553.7 B

2024-10-29

Revenue

¥420.5 B

FY, 2025

Midea Summary

Company Summary

Overview
Midea Group (美的集团股份有限公司) is a technology group that manufactures electrical appliances. It operates through six business segments: Smart Home, Industrial Technology, Building Technologies, Robotics and Automation, Midea Healthcare, and ANNTO. The Smart Home segment provides smart home appliances and services. The Industrial Technology segment develops green energy solutions and related industrial components. The Building Technologies segment offers a digital building service platform and connects traffic, information, experience, and energy flow. The Robotics and Automation segment focuses on solutions for industrial robotics, automatic logistics, and transmission systems. The Midea Healthcare brand engages in clinical medicine and technology at the front end, and construction and operation at the back end of hospitals. The ANNTO division delivers end-to-end digitized and intelligent supply chain solutions.
Type
Public
Status
Active
Founded
1968
HQ
Foshan, CN | view all locations
Website
https://www.midea.com.cn/en
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Fang Hongbo

    Fang Hongbo, Chairman and President

    • Zhang Xiaoyi

      Zhang Xiaoyi, Vice President and Chief Digital Officer

      • Gu Yanmin

        Gu Yanmin, Director and Vice President

        • Wang Jianguo

          Wang Jianguo, Director and Executive President

        Operating MetricsView all

        Inventory, sets

        92.5M
        6.3%

        FY, 2023

        Production Volume, sets

        580.9M
        7.6%

        FY, 2023

        Sales Volume, sets

        597.2M
        9.0%

        FY, 2023

        LocationsView all

        60 locations detected

        • Foshan, Guangdong Province HQ

          China

          Building, No. 6 Midea Avenue, Beijiao Town, Shunde District

        • Louisville, KY

          United States

          2700 Chestnut Station Court

        • Parsippany, NJ

          United States

          300 Kimball Dr #201

        • Parsippany, NJ

          United States

          5 Sylvan Way #100

        • Buenos Aires, CABA

          Argentina

          Vedia 3616 3er. Piso

        • Melbourne, VIC

          Australia

          Suite 1, Level 12, 600 St Kilda Road

        and 54 others

        Midea Financials

        Summary Financials

        Revenue (Q1, 2026)
        ¥131.0B
        Gross profit (Q1, 2026)
        ¥33.4B
        Net income (Q1, 2026)
        ¥12.9B
        Cash (Q1, 2026)
        ¥94.1B
        EBIT (Q1, 2026)
        ¥15.5B
        Enterprise value
        $552.5B

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