Midea Group Co., Ltd.

Equities

000333

CNE100001QQ5

Appliances, Tools & Housewares

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-04-29 pm EDT			5-day change	1st Jan Change
69.78 ^CNY	+2.32%		+2.06%	+27.73%

May. 03	Midea Real Estate Holding's January-April Sales Reach 13.6 Billion Yuan; Shares Rise 3%	MT
May. 02	Midea Group Refiles Application for IPO in Hong Kong	MT

Tranche Update on Midea Group Co., Ltd.'s Equity Buyback Plan announced on March 11, 2022.

September 30, 2022 at 12:00 pm EDT

From July 1, 2022 to September 30, 2022, the company has repurchased 21,976,117 shares, representing 0.32% for CNY 1,201.89 million. With this, the company has completed the repurchase of 43,558,888 shares, representing 0.64% for CNY 2,390.14 million under the buyback announced on March 11, 2022.

Latest news about Midea Group Co., Ltd.

Midea Real Estate Holding's January-April Sales Reach 13.6 Billion Yuan; Shares Rise 3%	May. 02	MT
Midea Group Refiles Application for IPO in Hong Kong	May. 02	MT
Midea's Q1 Profit Rises 12%, Operating Income Climbs 10%; Shares Up 3%	Apr. 30	MT
Midea Real Estate's Profit Drops 47% in 2023	Apr. 29	MT
Midea Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 29	CI
Long-time Electrolux CEO Jonas Samuelson to step down next year	Apr. 25	RE
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

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

2024-08-28 - Q2 2024 Earnings Release (Projected)

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Ratings for Midea Group Co., Ltd.

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

69.78 CNY

Average target price

78.8 CNY

Spread / Average Target

+12.93%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

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