Midea Group Co., Ltd.

Shenzhen Stock Exchange 000333.SZ

Midea Group Co., Ltd. Price to Book Ratio (P/B) on January 14, 2025: 3.37

Midea Group Co., Ltd. Price to Book Ratio (P/B) is 3.37 on January 14, 2025, a 45.23% change year over year. Price to book ratio compares the stock price to the book value per share; above 1 indicates market values company more than its book value.
  • Midea Group Co., Ltd. 52-week high Price to Book Ratio (P/B) is 24.45 on December 20, 2024, which is 626.20% above the current Price to Book Ratio (P/B).
  • Midea Group Co., Ltd. 52-week low Price to Book Ratio (P/B) is 2.29 on January 22, 2024, which is -32.01% below the current Price to Book Ratio (P/B).
  • Midea Group Co., Ltd. average Price to Book Ratio (P/B) for the last 52 weeks is 2.93.
Key data
Date Price to Book Ratio (P/B) Dividend Yield Free Cash Flow Yield Price to Earnings Ratio (P/E)
Market news
Loading...
Shenzhen Stock Exchange: 000333.SZ

Midea Group Co., Ltd.

CEO Mr. Hongbo Fang
IPO Date Sept. 18, 2013
Location China
Headquarters Midea Headquarters Building
Employees 198,613
Sector Industrials
Industries
Description

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.

Similar companies

000651.SZ

Gree Electric Appliances, Inc. of Zhuhai

USD 6.22

1.66%

600276.SS

Jiangsu Hengrui Medicine Co., Ltd.

USD 6.04

3.46%

000858.SZ

Wuliangye Yibin Co.,Ltd.

USD 18.14

2.96%

002415.SZ

Hangzhou Hikvision Digital Technology Co., Ltd.

USD 3.87

2.50%

600519.SS

Kweichow Moutai Co., Ltd.

USD 200.79

1.98%

StockViz Staff

January 15, 2025

Any question? Send us an email