Midea Group Co. Overview
- Founded
- 1968
- Status
- Public
- Employees
- 134,897
- Stock Symbol
- 000333
- Investments
- 25
- Share Price
- $11.43
- (As of Monday Closing)
Midea Group Co. General Information
Description
Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, producing 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 of the home appliance products. The firm is also involved in industrial automation systems through its 94.55% stake in Kuka, a leading global player in the industry based in Germany. Heating, ventilation, and air-conditioning, or HVAC, products accounted for 43% of Midea's total revenue in 2019, followed by other consumer appliances (39%) and robotics and automation systems (9%). In addition, more than 40% of the group's sales is ex-China.
Contact Information
Primary Industry
Household Appliances
Other Industries
Other Commercial Products
Stock Exchange
SHE
Primary Office
- Number 6 Midea Avenue
- Beijiao, Shunde
- Foshan, Guangdong 528311
- China
+86 0757 0000 0000
Midea Group Co. Stock Performance
(As of Monday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $11.43 | $11.32 | $6.52 - $11.79 | $80.3B | 7.03B | 22.9M | $0.47 |
Midea Group Co. Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2020 | FY 2019 31-Dec-2019 | FY 2018 31-Dec-2018 | FY 2017 31-Dec-2017 |
|---|---|---|---|---|
| EV | 55,497,930 | 57,501,493 | 35,777,567 | 57,062,968 |
| Revenue | 37,464,846 | 40,269,104 | 39,252,280 | 35,619,130 |
| EBITDA | 3,577,045 | 3,908,379 | 3,676,517 | 3,207,799 |
| Net Income | 3,263,258 | 3,504,343 | 3,058,189 | 2,557,534 |
| Total Assets | 47,194,746 | 43,156,217 | 38,334,227 | 38,002,549 |
| Total Debt | 7,072,985 | 6,722,196 | 4,819,083 | 6,184,092 |
Public Fundamental Data provided by Morningstar, Inc.
disclaimer
Midea Group Co. Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
This information is available in the PitchBook Platform. To explore Midea Group Co.‘s full profile, request access.
Request a free trialMidea Group Co. Comparisons
Description
Primary
Industry
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, producing air conditioners, refr
Household Appliances
Foshan, China
134,897
As of 2019
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Qingdao, China
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Richardson, TX
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Request a free trialMidea Group Co. Competitors (6)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Haier Group | Corporation | Qingdao, China | 00000 | 00000 | 00000000000 | 00000 |
| 000000 00000000000 | Corporation | Richardson, TX | 00000 | |||
| 00000 | Formerly PE-Backed | Hong Kong, Hong Kong | 00000 | 00000 | 00000000000 | 00000 |
| 000 000000000000 | Formerly VC-backed | Shenzhen, China | 00000 | 00000 | 00000000 | 00000 |
| 0000000000 | Formerly PE-Backed | Stockholm, Sweden | 00000 | 00000000 |
Midea Group Co. Executive Team (9)
Midea Group Co. Board Members (2)
| Name | Representing | Role | Since |
|---|---|---|---|
| 0000 000000 | Midea Group Co. | Chairman & President | 000 0000 |
Midea Group Co. Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %ile
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
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Request a free trialMidea Group Co. Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
This information is available in the PitchBook Platform. To explore Midea Group Co.‘s full profile, request access.
Request a free trialMidea Group Co. Investments & Acquisitions (25)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 00 000000 | 27-Aug-2020 | 00000 00000 00 | Communication Software | ||
| 0000000 0000 | 02-Sep-2019 | 00000 00000 00 | Application Specific Semiconductors | ||
| 00000 | 29-Aug-2019 | 00000 00000 00 | Machinery (B2B) | ||
| 0000000 | 18-Jul-2019 | 00000 00000 00 | 00.000 | Business/Productivity Software | |
| Wuxi Little Swan | 24-Oct-2018 | Secondary Transaction - Private | 00.000 | Electronics (B2C) |
Midea Group Co. Subsidiaries (3)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Clivet | Machinery (B2B) | Feltre, Italy | 1989 |
| 0000000000 (000000 | Household Appliances | Peoria, IL | 0000 |
| 00000000000 000000 | Other Business Products and Services | Petah Tiqva, Israel |
Midea Group Co. Exits (4)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 000000000 | 11-May-2017 | 00000 00000 00 | Completed |
|
|
| 000000000 | 06-Sep-2016 | 00000 00000 00 | 0000 | Completed |
|
| 000000 0000000000 | 20-Jul-2016 | 0000 00000 | 000 | Completed |
|
| EFORT Intelligent Equipment | 01-Dec-2015 | Secondary Transaction - Private | 00.000 | Completed |