Midea Group Co. Ltd. Class H (0300) AI Stock Analysis

• Market Cap: HK$649.86B
• Dividend Yield: 5%
• Average Volume (3M): 3.57M
• Price to Earnings (P/E): 13.2
• Beta (1Y): 0.84
• Revenue Growth: 12.46%
• EPS Growth: 9.95%
• Country: HK
• Employees: 198,432
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 0.91
• Shares Outstanding: 650,848,500
• 10 Day Avg. Volume: 3,227,780
• 30 Day Avg. Volume: 3,567,781
• PEG Ratio: 1.99
• Price to Book (P/B): 2.59
• Price to Sales (P/S): 1.26
• P/FCF Ratio: 13.70
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$101.04
• Price Target Upside: 14.43% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 7.01
• Revenue Forecast (FY): HK$552.39B

• Rating: 69 Neutral
• Price Target: HK$92.00 ▲(4.19% Upside)
• Action: Downgraded Date: 04/04/26
• Date: Action: Downgraded 04/04/26

The score is driven primarily by above-average financial performance (solid growth and profitability, with strong cash conversion historically) and supportive valuation (moderate P/E and high dividend yield). These positives are tempered by weaker technical signals (negative MACD and trading below key medium-term moving averages) and recent fundamental headwinds from higher leverage and a TTM decline in free cash flow.

Positive Factors

Revenue Growth

Consistent, accelerating revenue (~11% TTM) reflects durable demand, broad channel reach and successful international expansion. That top-line momentum supports economies of scale, sustained investment in products and distribution, and long-term market-share gains across appliance and HVAC segments.

Negative Factors

Rising Leverage

Leverage rose materially to ~0.40 from ~0.21, reducing financial flexibility. Higher debt increases interest and refinancing risk, and could limit the company’s ability to fund strategic investments, absorb demand shocks, or maintain payouts if margins or cash flow weaken.

Midea Group Co. Ltd. Class H Business Overview & Revenue Model

Company 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 four segments: Heating & Ventilation, as well as Air-Conditioner; C...

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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 four segments: Heating & Ventilation, as well as Air-Conditioner; C...

How the Company Makes Money

Midea primarily makes money by selling products and solutions it manufactures, with revenue generated from (1) consumer home appliances and (2) HVAC and other toB-oriented systems and equipment. Its core revenue model is unit sales of branded fini...

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Midea primarily makes money by selling products and solutions it manufactures, with revenue generated from (1) consumer home appliances and (2) HVAC and other toB-oriented systems and equipment. Its core revenue model is unit sales of branded fini...

Midea Group Co. Ltd. Class H Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Mar 2022
Income Statement
Total Revenue	458.50B	409.08B	373.71B	345.71B	343.36B
Gross Profit	122.51B	109.50B	97.30B	85.17B	78.83B
EBITDA	64.64B	56.97B	50.43B	43.29B	41.26B
Net Income	43.95B	38.54B	33.72B	29.55B	28.57B
Balance Sheet
Total Assets	608.79B	604.35B	486.04B	422.56B	387.95B
Cash, Cash Equivalents and Short-Term Investments	85.96B	147.35B	83.46B	58.55B	77.75B
Total Debt	61.66B	46.59B	60.22B	60.53B	26.83B
Total Liabilities	372.37B	376.68B	311.74B	270.63B	253.12B
Stockholders Equity	223.22B	216.75B	162.88B	142.94B	124.87B
Cash Flow
Free Cash Flow	42.20B	52.67B	51.59B	27.31B	28.27B
Operating Cash Flow	53.35B	60.51B	57.90B	34.66B	35.09B
Investing Cash Flow	25.34B	-87.90B	-31.22B	-13.51B	13.60B
Financing Cash Flow	-64.96B	22.70B	-17.91B	-10.85B	-31.20B

Midea Group Co. Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 88.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0300, the sentiment is Positive. The current price of 88.3 is above the 20-day moving average (MA) of 83.95, above the 50-day MA of 86.55, and above the 200-day MA of 83.61, indicating a neutral trend. The MACD of -1.30 indicates Negative momentum. The RSI at 48.87 is Neutral, neither overbought nor oversold. The STOCH value of 80.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0300.

Midea Group Co. Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0300	69 Neutral	HK$649.86B	13.16	19.76%	5.00%	12.46%	9.95%
0921	69 Neutral	HK$32.00B	8.94	19.03%	5.70%	2.29%	3.18%
6690	68 Neutral	HK$210.36B	23.80	16.61%	5.20%	19.14%	14.07%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
1691	46 Neutral	HK$6.06B	-35.44	-4.81%	―	1.29%	-386.78%

Midea Group Co. Ltd. Class H Corporate Events