Midea Group Overview

  • Year Founded
  • 1968

Year Founded

  • Status
  • Public

  • Employees
  • 198,432

Employees

  • Stock Symbol
  • 000333

Stock Symbol

  • Investments
  • 42

  • Share Price
  • $9.92
  • (As of Thursday Closing)

Midea Group General Information

Description

Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, with key products such as air conditioners, refrigerators, washing machines and small household appliances. It is consistently ranked as one of the top three players in China by retail sales in most home appliance categories. The firm also engages in industrial automation and robotics systems through wholly owned Kuka, a global market leader based in Germany. Heating, ventilation, and air conditioning, or HVAC, products generally contribute the most to Midea's revenue, followed by other consumer appliances, and robotics and automation systems. In addition, Midea generates around 40% of sales outside of China.

Contact Information

Website
www.midea.com
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Corporate Office
  • Number 6 Midea Avenue
  • Beijiao, Shunde
  • Foshan, Guangdong 528311
  • China
+86 0757
Primary Industry
Household Appliances
Other Industries
Other Commercial Products
Stock Exchange
SHE
Vertical(s)
Corporate Office
  • Number 6 Midea Avenue
  • Beijiao, Shunde
  • Foshan, Guangdong 528311
  • China
+86 0757

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Midea Group Stock Performance

As of 19-Jun-2025, Midea Group’s stock price is $9.92. Its current market cap is $75.9B with 7.68B shares.

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$9.92 $10.03 $8.11 - $11.92 $75.9B 7.68B 31.9M $0.80

Midea Group Financials Summary

As of 31-Mar-2025, Midea Group has a trailing 12-month revenue of $59.8B.

In Thousands,
USD
TTM 31-Mar-2025 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 75,488,689 67,988,260 55,334,325 53,947,495
Revenue 59,822,335 57,011,573 52,822,070 51,333,678
EBITDA 6,379,196 6,935,577 6,146,075 5,561,932
Net Income 5,823,530 5,370,699 4,766,149 4,388,348
Total Assets 87,390,169 82,786,791 68,566,175 61,246,107
Total Debt 13,236,417 11,815,601 10,535,354 9,822,323
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Midea Group Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Midea Group Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, with key products such as air co
Household Appliances
Foshan, China
198,432 As of 2024

Mexico City, Mexico

Dalian, China
 
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Midea Group Competitors (18)

One of Midea Group’s 18 competitors is Mabe, a Private Debt Financed company based in Mexico City, Mexico.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Mabe Private Debt Financed Mexico City, Mexico
Panasonic Compressor (Dalian) Corporate Backed or Acquired Dalian, China
Gree Canada Private Equity-Backed Saint-Mathieu-de-Beloeil, Canada
Havells Corporation Noida, India
Haier Formerly PE-Backed Hong Kong, Hong Kong
You’re viewing 5 of 18 competitors. Get the full list »

Midea Group Patents

Midea Group Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250183730-A1 Load disconnect switch system for a wireless powered appliance Pending 04-Dec-2023
US-20250176789-A1 Filter cleaning apparatus and method for dishwashing appliance Pending 01-Dec-2023
US-20250180238-A1 Control method, control device and air conditioning system Pending 30-Nov-2023
US-20250172302-A1 Apparatus and method of retention of a window air conditioning unit within a window assembly Pending 29-Nov-2023
US-20250164196-A1 Method for manufacturing heat exchanger, heat exchanger, and hvac apparatus Pending 21-Nov-2023 B23K1/0012
To view Midea Group’s complete patent history, request access »

Midea Group Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Midea Group Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Midea Group Investments & Acquisitions (42)

Midea Group’s most recent deal was a Merger/Acquisition with Toshiba Elevator China. The deal was made on 10-Mar-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Toshiba Elevator China 10-Mar-2025 Merger/Acquisition Machinery (B2B)
Arbonia Climate 27-Feb-2025 Merger/Acquisition Other Commercial Products
Teka Industrial 07-Jun-2024 Merger/Acquisition Household Appliances
Shenzhen CLOU Electronics 31-May-2023 PIPE Electrical Equipment
Shenzhen CLOU Electronics 23-May-2022 Secondary Transaction - Private Electrical Equipment
You’re viewing 5 of 42 investments and acquisitions. Get the full list »

Midea Group ESG

Risk Overview

Risk Rating

Updated April, 25, 2025

29.22 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 14,673

Rank

Percentile

Consumer Durables

Industry

of 200

Rank

Percentile

Home Appliances

Subindustry

of 67

Rank

Percentile

To view Midea Group’s complete esg history, request access »

Midea Group Exits (6)

Midea Group’s most recent exit was on 25-Sep-2020 from Nexchip Semiconductor. The exit was categorized as with 9 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
Nexchip Semiconductor 25-Sep-2020 Completed
  • 9 buyers
SoundHound AI 03-May-2018 Completed
  • 18 buyers
Espressif 26-May-2017 Completed
Espressif 06-Sep-2016 Completed
  • 4 buyers
Shequn Technology 20-Jul-2016 Seed Round Completed
You’re viewing 5 of 6 exits. Get the full list »

Midea Group Affiliates

Subsidiaries (9)

Name Industry Location Year Founded
Arbonia Climate Arbon, Switzerland 2018
Ttium Motor Wuhan, China 2016
Midea Venture Shenzhen, China 2015
Toshiba Elevator China Shanghai, China 1994
Clivet Feltre, Italy 1989
You’re viewing 5 of 9 affiliates. Get the full list.  »

Midea Group FAQs

  • When was Midea Group founded?

    Midea Group was founded in 1968.

  • Where is Midea Group headquartered?

    Midea Group is headquartered in Foshan, China.

  • What is the size of Midea Group?

    Midea Group has 198,432 total employees.

  • What industry is Midea Group in?

    Midea Group’s primary industry is Household Appliances.

  • Is Midea Group a private or public company?

    Midea Group is a Public company.

  • What is Midea Group’s stock symbol?

    The ticker symbol for Midea Group is 000333.

  • What is the current stock price of Midea Group?

    As of 19-Jun-2025 the stock price of Midea Group is $9.92.

  • What is the current market cap of Midea Group?

    The current market capitalization of Midea Group is $75.9B.

  • What is Midea Group’s current revenue?

    The trailing twelve month revenue for Midea Group is $59.8B.

  • Who are Midea Group’s competitors?

    Mabe, Panasonic Compressor (Dalian), Gree Canada, Havells, and Haier are some of the 18 competitors of Midea Group.

  • What is Midea Group’s annual earnings per share (EPS)?

    Midea Group’s EPS for 12 months was $0.80.

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