Midea Group Overview
- Year Founded
-
1968
- Status
-
Public
- Employees
-
198,432
- Stock Symbol
-
000333
- 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.comCorporate Office
- Number 6 Midea Avenue
- Beijiao, Shunde
- Foshan, Guangdong 528311
- China
Corporate Office
- Number 6 Midea Avenue
- Beijiao, Shunde
- Foshan, Guangdong 528311
- China
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 |
Midea Group Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Midea Group Comparisons
Industry
Financing
Details
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 |
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 |
Midea Group Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Midea Group Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
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 |
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
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 |
|
||
| SoundHound AI | 03-May-2018 | Completed |
|
||
| Espressif | 26-May-2017 | Completed |
|
||
| Espressif | 06-Sep-2016 | Completed |
|
||
| Shequn Technology | 20-Jul-2016 | Seed Round | Completed |
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 |
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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