Midea Group Co Ltd (000333) - Total Assets

Latest as of September 2025: CN¥593.31 Billion CNY ≈ $86.82 Billion USD

Based on the latest financial reports, Midea Group Co Ltd (000333) holds total assets worth CN¥593.31 Billion CNY (≈ $86.82 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore 000333 working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.

Midea Group Co Ltd - Total Assets Trend (2003–2024)

This chart illustrates how Midea Group Co Ltd's total assets have evolved over time, based on quarterly financial data.

Midea Group Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Midea Group Co Ltd's total assets of CN¥593.31 Billion consist of 64.4% current assets and 35.6% non-current assets. Also see market cap of Midea Group Co Ltd for the company's overall valuation and market capitalisation.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	23.2%
Accounts Receivable	CN¥65.74 Billion	10.9%
Inventory	CN¥63.34 Billion	10.5%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥17.01 Billion	2.8%
Goodwill	CN¥29.58 Billion	4.9%

Asset Composition Trend (2003–2024)

This chart illustrates how Midea Group Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See Midea Group Co Ltd (000333) stock price for real-time trading data and today's change.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Midea Group Co Ltd's current assets represent 64.4% of total assets in 2024, a decrease from 69.2% in 2003.
Cash Position: Cash and equivalents constituted 23.2% of total assets in 2024, up from 13.4% in 2003.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 3.0% in 2003.
Asset Diversification: The largest asset category is accounts receivable at 10.9% of total assets.

Midea Group Co Ltd Competitors by Total Assets

Key competitors of Midea Group Co Ltd based on total assets are shown below.

Company	Country	Total Assets
Ningbo Deye Technology Co Ltd SHG:605117	China	CN¥18.57 Billion
Sichuan Changhong Electric Co Ltd SHG:600839	China	CN¥99.39 Billion
Vohringer Home Technology Co Ltd SHG:603226	China	CN¥1.23 Billion
HHC Changzhou Corp. SHE:301061	China	CN¥4.95 Billion
Panca Anugrah Wisesa Tbk PT JK:MGLV	Indonesia	Rp203.50 Billion
Yotrio Group Co Ltd SHE:002489	China	CN¥8.20 Billion
Holike SHG:603898	China	CN¥3.62 Billion
Nanjing OLO Home Furnishing SHG:603326	China	CN¥1.94 Billion

Midea Group Co Ltd - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric	Current	1 Year Ago	5 Years Ago
Current Ratio	1.11	1.12	1.31
Quick Ratio	0.97	0.99	1.14
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥37.62 Billion	CN¥39.95 Billion	CN¥57.50 Billion

Midea Group Co Ltd - Advanced Valuation Insights

This section examines the relationship between Midea Group Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio	2.72
Latest Market Cap to Assets Ratio	0.14
Asset Growth Rate (YoY)	24.3%
Total Assets	CN¥604.35 Billion
Market Capitalization	$86.74 Billion USD

Valuation Analysis

Below Book Valuation: The market values Midea Group Co Ltd's assets below their book value (0.14x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Midea Group Co Ltd's assets grew by 24.3% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Midea Group Co Ltd (2003–2024)

The table below shows the annual total assets of Midea Group Co Ltd from 2003 to 2024.

Year	Total Assets	Change
2024-12-31	CN¥604.35 Billion ≈ $88.44 Billion	+24.34%
2023-12-31	CN¥486.04 Billion ≈ $71.12 Billion	+15.02%
2022-12-31	CN¥422.56 Billion ≈ $61.83 Billion	+8.92%
2021-12-31	CN¥387.95 Billion ≈ $56.77 Billion	+7.65%
2020-12-31	CN¥360.38 Billion ≈ $52.74 Billion	+19.35%
2019-12-31	CN¥301.96 Billion ≈ $44.19 Billion	+14.51%
2018-12-31	CN¥263.70 Billion ≈ $38.59 Billion	+6.29%
2017-12-31	CN¥248.11 Billion ≈ $36.31 Billion	+45.43%
2016-12-31	CN¥170.60 Billion ≈ $24.96 Billion	+32.41%
2015-12-31	CN¥128.84 Billion ≈ $18.85 Billion	+7.11%
2014-12-31	CN¥120.29 Billion ≈ $17.60 Billion	+24.08%
2013-12-31	CN¥96.95 Billion ≈ $14.19 Billion	+10.50%
2012-12-31	CN¥87.74 Billion ≈ $12.84 Billion	-2.89%
2011-12-31	CN¥90.35 Billion ≈ $13.22 Billion	+27.32%
2010-12-31	CN¥70.96 Billion ≈ $10.38 Billion	+36.29%
2009-12-31	CN¥52.07 Billion ≈ $7.62 Billion	+45.04%
2008-12-31	CN¥35.90 Billion ≈ $5.25 Billion	+30.92%
2007-12-31	CN¥27.42 Billion ≈ $4.01 Billion	+41.34%
2006-12-31	CN¥19.40 Billion ≈ $2.84 Billion	+20.32%
2005-12-31	CN¥16.12 Billion ≈ $2.36 Billion	+27.72%
2004-12-31	CN¥12.63 Billion ≈ $1.85 Billion	+35.11%
2003-12-31	CN¥9.34 Billion ≈ $1.37 Billion	--

About Midea Group Co Ltd

SHE:000333 China Furnishings, Fixtures & Appliances

Market Cap

$86.74 Billion

CN¥592.75 Billion CNY

Market Cap Rank

#305 Global

#15 in China

Share Price

CN¥85.30

Change (1 day)

+2.16%

52-Week Range

CN¥71.81 - CN¥88.95

All Time High

CN¥92.63