Midea Group Co Ltd
Midea Group Co., Ltd., together with its subsidiaries, manufactures and sells home appliances, and robotic and automation systems in China and internationally. The company operates through four segments: Smart Home Business, Smart Building Technology, New Energy and Industrial Technology, and Others. It offers household air-conditioner, central air-conditioner, heating and ventilation systems, ki… Read more
Market Cap & Net Worth: Midea Group Co Ltd (000333)
Midea Group Co Ltd (SHE:000333) has a market capitalization of $72.59 Billion (CN¥532.57 Billion) as of March 18, 2026. Listed on the SHE stock exchange, this China-based company holds position #420 globally and #9 in its home market, demonstrating a 0.16% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Midea Group Co Ltd's stock price CN¥76.64 by its total outstanding shares 6949043163 (6.95 Billion).
Midea Group Co Ltd Market Cap History: 2015 to 2026
Midea Group Co Ltd's market capitalization history from 2015 to 2026. Data shows growth from $15.55 Billion to $72.59 Billion (17.96% CAGR).
Index Memberships
Midea Group Co Ltd is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
FTSE China A50
FTXIN9
|
$525.16 Billion | 9.96% | #2 of 50 |
Weight: Midea Group Co Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Midea Group Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Midea Group Co Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.18x
Midea Group Co Ltd's market cap is 0.18 times its annual revenue
0.08x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
1.85x
Midea Group Co Ltd's market cap is 1.85 times its annual earnings
1.99x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $15.55 Billion | $138.44 Billion | $12.71 Billion | 0.11x | 1.22x |
| 2016 | $20.78 Billion | $158.76 Billion | $14.68 Billion | 0.13x | 1.42x |
| 2017 | $42.08 Billion | $240.50 Billion | $17.28 Billion | 0.17x | 2.43x |
| 2018 | $28.63 Billion | $260.20 Billion | $20.23 Billion | 0.11x | 1.42x |
| 2019 | $46.45 Billion | $277.66 Billion | $24.21 Billion | 0.17x | 1.92x |
| 2020 | $80.63 Billion | $284.18 Billion | $27.22 Billion | 0.28x | 2.96x |
| 2021 | $61.69 Billion | $341.75 Billion | $28.57 Billion | 0.18x | 2.16x |
| 2022 | $44.69 Billion | $344.14 Billion | $29.55 Billion | 0.13x | 1.51x |
| 2023 | $49.55 Billion | $371.89 Billion | $33.72 Billion | 0.13x | 1.47x |
| 2024 | $71.24 Billion | $406.96 Billion | $38.54 Billion | 0.18x | 1.85x |
Competitor Companies of 000333 by Market Capitalization
Companies near Midea Group Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Midea Group Co Ltd by market ranking:
- Haier Smart Home Co. Ltd (PINK:HSHCY): Ranked #596 globally with a market cap of $35.16 Billion USD.
- Gree Electric Appliances Inc of Zhuhai (SHE:000651): Ranked #962 globally with a market cap of $20.24 Billion USD ( CN¥148.49 Billion CNY).
- Somnigroup International Inc. (NYSE:SGI): Ranked #1334 globally with a market cap of $13.52 Billion USD.
- Nitori Holdings Co. Ltd (PINK:NCLTF): Ranked #1485 globally with a market cap of $11.75 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #596 | Haier Smart Home Co. Ltd | PINK:HSHCY | $35.16 Billion | $11.77 |
| #962 | Gree Electric Appliances Inc of Zhuhai | SHE:000651 | $20.24 Billion | CN¥38.78 |
| #1334 | Somnigroup International Inc. | NYSE:SGI | $13.52 Billion | $77.10 |
| #1485 | Nitori Holdings Co. Ltd | PINK:NCLTF | $11.75 Billion | $106.53 |
Midea Group Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Midea Group Co Ltd's market cap moved from $15.55 Billion to $ 72.59 Billion, with a yearly change of 17.96%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥72.59 Billion | -1.93% |
| 2025 | CN¥74.02 Billion | +3.90% |
| 2024 | CN¥71.24 Billion | +43.78% |
| 2023 | CN¥49.55 Billion | +10.86% |
| 2022 | CN¥44.69 Billion | -27.55% |
| 2021 | CN¥61.69 Billion | -23.49% |
| 2020 | CN¥80.63 Billion | +73.59% |
| 2019 | CN¥46.45 Billion | +62.23% |
| 2018 | CN¥28.63 Billion | -31.97% |
| 2017 | CN¥42.08 Billion | +102.51% |
| 2016 | CN¥20.78 Billion | +33.61% |
| 2015 | CN¥15.55 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Midea Group Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $72.59 Billion USD |
| MoneyControl | $72.59 Billion USD |
| MarketWatch | $72.59 Billion USD |
| marketcap.company | $72.59 Billion USD |
| Reuters | $72.59 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.