Midea Group

000333 · SZSE · CNY

¥80.10−1.91%−¥1.56

Close · September 30, 2026

At a glance

Revenue growth: +12.11%; 2025 vs 2024
Net income growth: +14.03%; 2025 vs 2024
Net margin: 9.6%; 2024: 9.5%

Financial data

Amounts in millions of CNY; per-share values in CNY; shares in millions.

Balance sheet · Annual
Item	2025	2024	2023	2022	2021
Total assets	608,792	604,352	486,038	422,555	387,946
Current assets	416,662	389,064	281,321	261,099	248,865
Cash and equivalents	85,247	140,410	81,674	55,270	71,876
Short-term investments	1,427	27,177	58,522	44,624	43,057
Receivables	80,126	77,153	72,940	67,925	67,770
Inventory	67,616	67,026	50,655	50,412	50,277
Net property, plant and equipment	51,208	41,665	38,668	32,267	27,841
Goodwill	34,257	29,581	30,858	28,549	27,875
Other intangible assets	21,619	17,009	18,458	16,909	17,173
Long-term investments	63,879	107,822	98,224	68,982	53,135
Current liabilities	343,384	351,820	251,246	206,342	222,851
Accounts payable	130,802	118,774	94,238	89,806	98,736
Long-term debt	15,854	13,759	49,357	53,850	19,734
Total debt	67,481	86,255	74,681	67,767	—
Total liabilities	372,368	376,684	311,739	270,631	253,121
Total equity (incl. minority)	236,424	227,667	174,300	151,924	134,825
Retained earnings	178,867	165,402	147,630	131,054	113,153
Minority interest	13,203	10,917	11,421	8,989	9,957