Midea Group Co., Ltd.

Equities

000333

CNE100001QQ5

Appliances, Tools & Housewares

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-04-23 pm EDT			5-day change	1st Jan Change
67.9 ^CNY	-0.72%		-0.60%	+24.29%

Apr. 18	Arbonia to Sell Climate Division to Midea Electrics Netherlands for EUR760 Million	MT
Apr. 12	Midea, Nio Join Forces for Electric Car Parts Manufacturing	MT

Midea Group Co., Ltd. entered into an agreement to acquire a 8.95% stake in Shenzhen Clou Electronics Co., Ltd. from Shenzhen Capital Operation Group Co.,Ltd. for approximately CNY 840 million.

May 23, 2022

Midea Group Co., Ltd. (SZSE:000333) entered into an agreement to acquire a 8.95% stake in Shenzhen Clou Electronics Co., Ltd. (SZSE:002121) from Shenzhen Capital Operation Group Co.,Ltd. for approximately CNY 840 million on May 23, 2022. Shenzhen Capital Operation Group Co.,Ltd. will transfer 126,047,248 shares at CNY 6.64 per share.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	MIDEA GROUP CO., LTD.	67.9 CNY	-0.72%	-0.60%	64.67B
	SHENZHEN CLOU ELECTRONICS CO., LTD.	3.94 CNY	+1.81%	+5.91%	887M

Latest news about Midea Group Co., Ltd.

Arbonia to Sell Climate Division to Midea Electrics Netherlands for EUR760 Million	Apr. 18	MT
Midea, Nio Join Forces for Electric Car Parts Manufacturing	Apr. 12	MT
China's CDH buys minority interest in Vietnam grocery chain Bach Hoa Xanh	Apr. 09	RE
Midea Real Estate Logs 10.4 Billion Yuan in Q1 Contracted Sales	Apr. 02	MT
Midea RAC Adds New Products to Its CirQHP Family, Offering One-Stop Home Climate Control Solutions for European Households	Mar. 29	CI
Midea's Profit Rises 14% in 2023 as Revenue Climbs 8%	Mar. 28	MT
Midea Group Co., Ltd. Proposes Final Dividend for 2023	Mar. 27	CI
Midea Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 27	CI
GMCC & Welling Showcases in MCE 2024 Italy to Deep Dive in European Market	Mar. 13	CI
Midea Real Estate Logs 6 Billion Yuan in January-February Contracted Sales	Mar. 04	MT
China's CDH in talks to buy minority stake in $1.7 billion Vietnam grocery chain, say sources	Feb. 27	RE
China's CDH in talks to buy minority stake in $1.7 bln Vietnam grocery chain, say sources	Feb. 27	RE
Whirlpool shares slip after weaker-than-expected annual forecasts	Jan. 29	RE
Midea Real Estate Unit Buys Stake in Zhejiang, China Residential Project	Jan. 09	MT
China's Home Appliance Industry Posts Double-Digit Output Growth in January-November 2023 Period	Jan. 07	MT
Midea Real Estate Logs Nearly 66 Billion Yuan in 2023 Contracted Sales	Jan. 02	MT
Shanghai Qiaotian Intelligent Equipment Co., Ltd. announced that it has received funding from Midea Group Co., Ltd.	Dec. 28	CI
Midea Real Estate Renews Smart Technology Product Agreement with Midea Group	Dec. 28	MT
Midea Group Co., Ltd. Enters into the 2024 Smart Technology Products Framework Purchase Agreement with Midea Real Estate Holding Limited	Dec. 28	CI
Midea's Lighting Unit Pulls IPO Plug Again Amid Market Woes	Dec. 26	MT
Hong Kong IPO Market Anticipating 90 Applications in 2024, But Still Needs Blockbuster Offerings	Dec. 25	MT
Midea Real Estate Logs Nearly 62 Billion Yuan in January-November Contracted Sales	Dec. 01	MT
CATL Eyes Hong Kong IPO After Swiss Listing Plans Stall	Nov. 23	MT
Midea-Linked Infore Makes 10 Billion Yuan Bid For Controlling Stake in Jason Furniture	Nov. 12	MT
What is China's Singles Day, and how is it celebrated?	Nov. 09	RE

Chart Midea Group Co., Ltd.

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Company Profile

Midea Group Co., Ltd. produces and sells household electrical appliances and climate control systems. Net sales break down by family of products and services as follows: - domestic appliances (41.6%): small household appliances (rice cookers, electric steam cookers, microwaves, ovens, hobs, bread makers, dishwashers, etc.), washing machines, refrigerators, etc.; - heating, ventilation and air conditioning systems (38.6%): portable air conditioners, dehumidifiers, window air conditioners, etc.; - robotic and automation systems (8%); - other (11.8%). China accounts for 59.7% of net sales.

Sector

Appliances, Tools & Housewares

Calendar

2024-04-29 - Q1 2024 Earnings Release

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Ratings for Midea Group Co., Ltd.

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

67.9 CNY

Average target price

77.75 CNY

Spread / Average Target

+14.51%

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