Midea Group Co., Ltd.
000333.SZ

$72.35 B
Marketcap
$10.34
Share price
Country
$0.17
Change (1 day)
$11.52
Year High
$6.85
Year Low

Midea Group Co., Ltd., together with its subsidiaries, manufactures and sells home appliances, and robotic and automation systems in China and internationally. It operates through five segments: Smart Home Business Group, Industrial Technology Business Group, Building Technologies Division, Robotics & Automation Division, and Digital Innovation Business. The company offers household and commercial air conditioning appliances; refrigeration, laundry, and large cooking appliances; kitchen, water, vacuum, and small domestic appliances; and lighting products. It also provides core components, such as compressors, motors, chips, variable frequency drives, servo systems, and cooling modules under the GMCC, Welling, MR, TOSHIBA, HICONICS, SUNYE, SERVOTRONIX, DORNA, etc. for household appliances, automobile industrial control, and 3C industries. In addition, the company provides building solutions; industrial robotics, automatic logistics systems, and transmission systems for future factory-related fields, as well as solutions for health care, entertainment, new consumption, etc.; software services, unmanned retail solutions, and production services; and medical imaging devices and related services, as well as smart supply chain solutions. Further, it engages in sale, wholesale, and processing of raw materials of household electrical appliances; and the provision of financial services, such as customer deposit, interbank lending and borrowing, consumption credit, buyer's credit, petty loan, factoring, and finance leasing services. Additionally, the company provides Internet of Things solutions for intelligent appliances. Midea Group Co., Ltd. was founded in 1968 and is headquartered in Foshan, China. Midea Group Co., Ltd. is a subsidiary of Midea Holding Co., Ltd.

marketcap

P/B ratio for Midea Group Co., Ltd. (000333.SZ)

P/B ratio as of 2023: 2.29

According to Midea Group Co., Ltd.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.29. At the end of 2022 the company had a P/B ratio of 2.46.

P/B ratio history for Midea Group Co., Ltd. from 2003 to 2023

P/B ratio at the end of each year

Year P/B ratio
2023 2.29
2022 2.46
2021 4.04
2020 5.79
2019 3.84
2018 2.62
2017 4.30
2016 2.96
2015 2.83
2014 2.93
2013 1.87
2012 2.95
2011 4.15
2010 4.70
2009 6.69
2008 10.02
2007 12.81
2006 26.49
2005 45.45
2004 58.52
2003 69.29