Midea Group Co 000333.SZ · CNY
Consumer Discretionary · Household Durables · Shenzhen · 🇨🇳 China
89.79
+0.21%
Close of 9 Nov 2026, in CNY
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About Midea Group Co
Its shares trade on Shenzhen under the ticker 000333.SZ. It has been listed since 18 September 2013. In the fiscal year to 31 December 2025, it reported revenue of CN¥458.50bn and net income of CN¥43.95bn. At that date it held total assets of CN¥608.79bn and shareholders' equity of CN¥223.22bn.
Midea Group Co., Ltd. manufactures and sells home and commercial electric appliances. The company is headquartered in Foshan, Guangdong. The company went IPO on 2013-09-18. The firm's products are categorized into three types, including consumer appliances, heating ventilating and air conditioning (HAVC) and robot and automation systems. The Company’s products mainly consist of central air conditioning systems, heating and ventilation systems, kitchen appliances, refrigerators, washing machines and other small home appliances, such as water dispensers, water purifying devices, air purifiers, electric kettles, dust collectors and humidifiers. The firm is also involved in the production of motors, as well as logistics business. The firm distributes its products within domestic market and to overseas markets.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Household Durables
- Listed since
- 18 Sept 2013
- Employees
- 165,799
- Website
- midea.com/global ↗
Leadership
Pay as last reported
- Mr. Hongbo FangChairman of the Board, President, since 2013CN¥13.8m
- Ms. Zheng ZhongChief Financial Officer, Director of Finance, Vice PresidentCN¥9.5m
- Ms. Wenxin ZhaoChief Human Resources Officer, Chief Talent Officer, Vice PresidentCN¥6.4m
- Mr. Chang WeiChief Technology Officer, Vice PresidentCN¥7.1m
- Mr. Yanmin GuVice President, Director, President - Robotics and Automation, since 2015CN¥6.2m
- Mr. Jinwei GuanVice President, Director, President - Smart Building Technology Division, since 2021CN¥11.6m
- Mr. Jianguo WangVice President, Director, President - Smart Home Business Group, since 2017CN¥11.6m
- Mr. Lin BaiVice President, President, China RegionCN¥10.3m
- Mr. Yongjun FuVice President, since 2021CN¥11.8m
- Mr. Guolin LiVice President, Chief Sustainability Officer, Director of Quality and Supply ChainCN¥6.5m
- Mr. Jinliang WangVice PresidentCN¥6.1m
- Mr. Xiaoyi ZhangVice President, Chief Digital OfficerCN¥8.0m
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 83
- Environment
- 83
- Social
- 78
- Governance
- 88
- Direct emissions (scope 1)
- 1,017,606 t
- Energy emissions (scope 2)
- 1,280,705 t
- Value chain emissions (scope 3)
- 4,960,000 t
- Women in the workforce
- 30.15075%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Midea Group is one of the leading home appliance manufacturers globally, known for its extensive product portfolio and strong brand reputation.
- The company benefits from a wide distribution network, enabling it to reach a large customer base across different regions and markets.
- Midea Group has a strong focus on research and development, allowing it to continuously introduce innovative and technologically advanced products to the market.
Weaknesses
- Midea Group faces challenges in terms of building and maintaining strong customer relationships due to intense competition in the home appliance industry.
- The company's heavy reliance on the Chinese market makes it vulnerable to changes in the domestic economy and regulatory environment.
- Midea Group may have limited brand recognition and market share compared to some of its global competitors.
Opportunities
- The increasing global demand for home appliances presents opportunities for Midea Group to expand its market reach and capture a larger share of the international market.
- Growing consumer awareness and preference for energy-efficient and smart home appliances can be leveraged by Midea Group to develop and promote environmentally friendly and technologically advanced products.
- Strategic partnerships and acquisitions can provide Midea Group with access to new technologies, markets, and resources for further growth and diversification.
Threats
- Intense competition from both domestic and international players in the home appliance industry poses a threat to Midea Group's market position and profitability.
- Economic uncertainties, trade disputes, and fluctuating raw material prices can negatively impact the company's manufacturing and supply chain operations.
- Increasing regulatory requirements and environmental regulations may necessitate additional investments and compliance costs for Midea Group.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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