Midea Group Co., Ltd.
000333.SZ

$68.47 B
Marketcap
$9.79
Share price
Country
$0.22
Change (1 day)
$11.47
Year High
$6.68
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/E ratio for Midea Group Co., Ltd. (000333.SZ)

P/E ratio as of 2023: 11.08

According to Midea Group Co., Ltd.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.08. At the end of 2022 the company had a P/E ratio of 11.90.

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

PE ratio at the end of each year

Year P/E ratio
2023 11.08
2022 11.90
2021 17.66
2020 24.98
2019 16.14
2018 10.77
2017 18.34
2016 12.30
2015 10.94
2014 11.02
2013 11.56
2012 12.95
2011 15.03
2010 13.99
2009 32.18
2008 34.64
2007 36.04
2006 80.80
2005 284.23
2004 608.41
2003 2022.61