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Midea Group Co Ltd Company Snapshot
Midea Group Co Ltd operates in the Household refrigerators and freezers sector. In addition to historical fundamental analyses, the complete report available to purchase compares Midea Group Co Ltd with three other manufacturers of household appliances in Asia: Hoshizaki Corp of Japan (2018 sales of 292.77 billion Japanese Yen [US$2.70 billion] of which 26% was Commercial refrigerator), Haier Smart Home Co Ltd (183.32 billion Chinese Renmimbi [US$26.04 billion] of which 55% was Channel Integrated services and other di), and Changhong Meiling Co Ltd (17.49 billion Chinese Renmimbi [US$2.48 billion] of which 50% was Refrigerator Freezer Washing Machine).

Sales Analysis. Midea Group Co Ltd reported sales of 261.82 billion Chinese Renmimbi (US$37.20 billion) for the year ending December of 2018. This represents an increase of 8.2% versus 2017, when the company's sales were 241.92 billion Chinese Renmimbi. This was the third consecutive year of growth at Midea Group Co Ltd. Sales of Other Segment and Unallotted Amount saw an increase that was more than double the company's growth rate: sales were up 62.0% in 2018, from 3.84 billion Chinese Renmimbi to 6.23 billion Chinese Renmimbi. Midea Group Co Ltd also saw significant increases in sales in Hvac (up 14.6% to 123.75 billion Chinese Renmimbi) . Not all segments of Midea Group Co Ltd experienced an increase in sales in 2018: sales of Robot and Automation System fell 5.1% to 25.77 billion Chinese Renmimbi.
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Midea Group Co Ltd
  Stock Performance Chart for Midea Group Co Ltd
  Stock Data: Recent Stock Performance:
  Current Price (12/13/2019): 58.40
(Figures in Chinese Renmimbi)
1 Week 3.9%   13 Weeks 3.3%  
4 Weeks 7.9%   52 Weeks 46.9%  
Midea Group Co Ltd Key Data:
  Ticker: 000333 Country: China
  Exchanges: SHG Major Industry: Consumer Durables & Apparel
    Sub Industry: Household Appliances
  2018 Sales 261,819,635,000
(Year Ending Jan 2019).
Employees: 114,765
  Currency: Chinese Renmimbi Market Cap: 406,594,115,200
  Fiscal Yr Ends: December Shares Outstanding: 6,962,228,000
  Share Type: A Gu Closely Held Shares: 2,624,734,660
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