Midea Group

Foshan, China Founded: 1968 • Age: 58 yrs
Manufacturer of robotics, industrial automation, logistics and home appliances
Annual revenue $55.8B Latest available
Total funding - Funding intelligence
Employees 198430 Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Midea Group

Midea Group is a company based in Foshan (China) founded in 1968. The company has 198,430 employees as of December 31, 2024. Midea Group has completed 3 acquisitions, including CR Wandong, Servotronix and Teka. Midea Group offers products and services including Smart Home Appliances and Industrial Technology Solutions.

  • Headquarter Foshan, China
  • Employees 198430 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Midea Group Co. Ltd. Class A
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $55.75 B (USD)
    9.43
    as on Dec 31, 2024
  • Net Profit
    $5.27 B (USD)
    14.26
    as on Dec 31, 2024
  • EBITDA
    $6.38 B (USD)
    9.42
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    198430

    as on Dec 31, 2024

  • Investments & Acquisitions
    CR Wandong

    & 2 more

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IPO & Listings of Midea Group

Midea Group is a publicly listed company on the SZSE with ticker symbol 000333 in China, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: SZSE · Ticker: 000333 · Sector: Consumer durables · China

Products & Services of Midea Group

Midea Group offers a comprehensive portfolio of products and services, including Smart Home Appliances and Industrial Technology Solutions.

Product name locked
Category locked
Primary

Full home automation services are provided through intelligent products that enhance user experiences.

Product name locked
Category locked
Locked

Sustainable and efficient products are supplied to global industrial clients, focusing on green energy and core components.

People of Midea Group

Headcount 10000+
Employee Profiles 4
Employee Profiles
People
Ziqiang Hu
Senior Advisor
People
Danish Haider
Head Of Marketing - Middle East

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Funding Insights of Midea Group

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Detailed funding history for Midea Group

Round names, dates, amounts, investors, and valuation history require an active premium plan.

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Investments & Acquisitions by Midea Group

Midea Group has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CR Wandong, Servotronix and Teka.

Investments
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Investment portfolio details for Midea Group

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Medical X-ray and MRI equipment is developed and manufactured.
Locked Locked 1955 Locked
Kitchen appliances and sinks are designed and manufactured.
Locked Locked 1924 Locked
Standardized and customized motion control solutions are provided for automation.
Locked Locked 0 Locked
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Complete acquisition details for Midea Group

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Financial Statements - Midea Group

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Detailed financials for Midea Group

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Midea Group Comparisons

Midea Group Primary company
Description
Manufacturer of robotics, industrial automation, logistics a...
Location
Foshan, China
Founded Year
1968
Annual Revenue
$55.75 B (USD)
Net Profit
$5.27 B (USD)
EBITDA
$6.38 B (USD)
Employees
198,430
As of 2024
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Peer comparison for Midea Group

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Competitors of Midea Group

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Detailed competitors of Midea Group

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Latest news on Midea Group

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Complete news archive for Midea Group

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Frequently Asked Questions about Midea Group

Midea Group was founded in 1968.

Midea Group is headquartered in Foshan, China. It is registered at Foshan, Guangdong, China.

Fang Hongbo is the current CEO of Midea Group.

As of Dec 31, 2024, the latest employee count at Midea Group is 198,430.

Annual revenue of Midea Group is $55.75B as on Dec 31, 2024.

The company was founded in 1968 in Foshan, China, and operates within the manufacturing sector, focusing on robotics, industrial automation, logistics solutions, and home appliances. Production and distribution activities are centered in China with global reach. In 2022, annual revenues of 52.99 billion were recorded, alongside a net profit of 4.42 billion. Leadership is provided by CEO Fang Hongbo.

Midea Group offers Smart Home Appliances and Industrial Technology Solutions.

Yes, Midea Group is publicly traded on SZSE under the ticker symbol 000333.

Midea Group has made 3 acquisitions, including CR Wandong, Servotronix, and Teka.

The ticker symbol of Midea Group is 000333 on SZSE.

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