Midea Group Co Ltd Total Assets

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

Midea Group Co Ltd total assets. 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. Also see market value of Midea Group Co Ltd for the company's overall valuation and market capitalisation.

Total Assets of Midea Group Co Ltd (2003–2024)

Total assets of Midea Group Co Ltd from 2003 to 2024. This chart illustrates how Midea Group Co Ltd's total assets have evolved over time, based on quarterly financial data. See Midea Group Co Ltd (000333) share price today for real-time trading data and today's change.

Midea Group Co Ltd - Asset Composition Analysis

Midea Group Co Ltd Total Assets Breakdown (December 2024)

Midea Group Co Ltd total assets breakdown as of 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.

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. Explore working capital position of Midea Group Co Ltd to assess how much short-term liquidity the company maintains relative to its equity base.

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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
Breville Group Ltd AU:BRG	Australia	AU$1.80 Billion
SEB SA PA:SK	France	€9.41 Billion
Oppein Home Group Inc SHG:603833	China	CN¥33.24 Billion
Guangdong Songfa Ceramics Co SHG:603268	China	CN¥74.61 Billion
Holike SHG:603898	China	CN¥3.62 Billion
UE Furniture Co Ltd SHG:603600	China	CN¥4.59 Billion
Zhejiang Henglin Chair Industry Co Ltd Class A SHG:603661	China	CN¥10.60 Billion
AUPU Home Style Corp Ltd SHG:603551	China	CN¥2.22 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	0.15
Asset Growth Rate (YoY)	24.3%
Total Assets	CN¥604.35 Billion
Market Capitalization	$91.30 Billion USD

Valuation Analysis

Below Book Valuation: The market values Midea Group Co Ltd's assets below their book value (0.15x), 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

$91.30 Billion

CN¥623.95 Billion CNY

Market Cap Rank

#287 Global

#12 in China

Share Price

CN¥89.79

Change (1 day)

+0.21%

52-Week Range

CN¥72.10 - CN¥89.79

All Time High

CN¥92.63