Midea Group Co., Ltd.
000333
Rank in Stocks
#240
Midea Group Co., Ltd., a global enterprise headquartered in Foshan, China, was... Midea Group Co., Ltd., a global enterprise headquartered in Foshan, China, was established in 1968 and operates as a subsidiary of Midea Holding Co., Ltd. The company's primary focus is the manufacturing and distribution of consumer home appliances, alongside advanced robotic and automation systems, serving both domestic and international markets. Its extensive operations are structured across five key divisions: the Smart Home Business Group, Industrial Technology Business Group, Building Technologies Division, Robotics & Automation Division, and Digital Innovation Business. Midea's diverse product portfolio includes a wide array of household and commercial air conditioning units, refrigeration equipment, laundry appliances, and major cooking apparatus. It also offers various kitchen, water treatment, vacuum, and other small domestic appliances, as well as lighting solutions. Beyond consumer products, Midea is a significant supplier of crucial core components such as compressors, motors, semiconductors, variable frequency drives, servo systems, and cooling modules. These components, sold under brands like GMCC, Welling, MR, and TOSHIBA, cater to the household appliance, automotive industrial control, and 3C (Computer, Communications, Consumer Electronics) sectors. The group further provides a comprehensive suite of services and solutions, encompassing building technologies; industrial robotics, automated logistics, and transmission systems designed for future factory applications; and specialized offerings for healthcare, entertainment, and emerging consumer markets. Its capabilities also extend to software development, unmanned retail concepts, production services, medical imaging equipment and associated support, smart supply chain management, and Internet of Things (IoT) solutions for intelligent devices. Additionally, Midea Group is involved in the trade and processing of raw materials used in electrical appliances and offers a range of financial services. These include customer deposits, interbank lending and borrowing, various credit facilities (consumption, buyer's, petty loans), factoring, and finance leasing services.
Share Price
$12.56
Market Cap
$95.82B
Change (1 day)
1.61%
Change (1 year)
22.67%
Country
CN
Trade Midea Group Co., Ltd. (000333)
Category
Consumer Cyclical
Revenue for Midea Group Co., Ltd. (000333)
Revenue in Jun 2026 TTM: $67.71B
According to Midea Group Co., Ltd. latest financial reports the company's current revenue (TTM) is $67.71B. In 2023 the company made a revenue of $52.54B an increase over the revenue in the year 2022 that was $49.89B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history for Midea Group Co., Ltd. from 2003 to 2026
Revenue at the end of each year
| Year | Revenue | Change |
|---|---|---|
| 2026 (TTM) | $67.71B | 21.44% |
| 2024 | $55.76B | 6.12% |
| 2023 | $52.54B | 5.31% |
| 2022 | $49.89B | -7.21% |
| 2021 | $53.77B | 23.61% |
| 2020 | $43.50B | 9.09% |
| 2019 | $39.87B | 5.41% |
| 2018 | $37.83B | 2.33% |
| 2017 | $36.97B | 61.65% |
| 2016 | $22.87B | 7.27% |
| 2015 | $21.32B | -6.68% |
| 2014 | $22.85B | 14.85% |
| 2013 | $19.89B | 83.08% |
| 2012 | $10.86B | -26.16% |
| 2011 | $14.71B | 30.30% |
| 2010 | $11.29B | 63.14% |
| 2009 | $6.92B | 4.27% |
| 2008 | $6.64B | 45.69% |
| 2007 | $4.56B | 68.08% |
| 2006 | $2.71B | 2.67% |
| 2005 | $2.64B | 13.90% |
| 2004 | $2.32B | 36.82% |
| 2003 | $1.69B | 0.00% |
Revenue for similar companies or competitors
| Company | Revenue | Revenue Difference | Country |
|---|---|---|---|
| $23.71B | -64.97% |
CN
|
|
| $5.57B | -91.77% |
CN
|
|
| $6.91B | -89.79% |
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