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midea group co ltd-a (000333) Snapshot

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12/20/13 - CNY20.80
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02/27/14 - CNY15.10
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midea group co ltd-a (000333) Details

Midea Group Co., Ltd., together with its subsidiaries, manufactures and sells consumer appliances and air conditioning (AC) systems worldwide. It offers split, floor standing, window, portable, and dehumidifier residential ACs; fan coil unit, splite, chiller, roof top, air handling unit, and precision airconditioner commercial ACs; light commercial products, such as ceiling and floor systems, slim and compact round flow cassettes, ducts, and consoles; indoor and outdoor variable refrigerant flow (VRF) units, and VRF controllers; and heat pump solutions. The company also provides french and single door, frost free, auto defrost, wine cooler, and chest freezer refrigerators; front and top loading washer, dryer, and twin tub laundry products; dishwashers; microwave, large, and toaster ovens; induction, ceramic, and gas hobs; range hoods; and storage, gas, and instant water heaters. In addition, it offers rice and pressure cookers; slow cookers, deep fryers, and grills; air purifiers and humidifiers; induction cookers; kettles and coffee machines; stand, table, tower, ceiling, and other fans; evaporative coolers; water purifiers; water dispensers; vacuum cleaners; bread makers; fan, far infraed, convection, and oil filled heaters; and steam mops. Further, the company provides AC and air compressors, refrigerator compressors; and micro, washing, and industrial motors; CFL and LED lighting products. Midea Group Co., Ltd. was founded in 1968 and is headquartered in Foshan, the People’s Republic of China.

Founded in 1968

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midea group co ltd-a (000333) Key Developments

Midea Group Co., Ltd. Reports Earnings Results for the First Quarter of 2014

Midea Group Co., Ltd. reported earnings results for the first quarter of 2014. The company revealed operating revenue of CNY 38.35 billion in the first quarter of 2014, rising 22% from a year earlier. Net profit reached CNY 2.54 billion, hiking 53%. EPS were CNY 1.51, leaping 54%.

Midea Group Co., Ltd. to Report Q1, 2014 Results on Apr 29, 2014

Midea Group Co., Ltd. announced that they will report Q1, 2014 results on Apr 29, 2014

Midea Group Co., Ltd. Proposes Amendments to the Articles of Association

Midea Group Co., Ltd. proposed amendments to the articles of association of the company at the Annual General Meeting to be held on April 21, 2014.


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Valuation 000333 Industry Range
Price/Earnings 9.7x
Price/Sales 0.6x
Price/Book 2.3x
Price/Cash Flow 11.7x
TEV/Sales 0.2x

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