Midea Group
¥80.10Change from previous close: −1.91%Absolute change: −¥1.56
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 53,346 | 60,512 | 57,903 | 34,658 | 35,092 |
| Depreciation and amortization | 9,340 | 7,824 | 7,349 | 6,508 | 6,183 |
| Capital expenditure | -11,142 | -7,840 | -6,314 | -7,352 | -6,825 |
| Investing cash flow | 25,340 | -87,902 | -31,220 | -13,510 | 13,600 |
| Financing cash flow | -64,958 | 22,698 | -17,910 | -10,855 | -31,205 |
| Dividends paid | -32,531 | -22,412 | -19,311 | -13,461 | -12,467 |
| Share repurchases | -11,699 | -63.4 | -258 | -2,832 | -13,666 |
| Debt issued | 88,860 | 37,800 | 33,889 | 53,321 | 19,033 |
| Debt repaid | -113,651 | -26,429 | -34,668 | -46,119 | -24,225 |
| Effect of exchange rates | -338 | -76.3 | -17.3 | 288 | -485 |
| Net change in cash | 13,390 | -4,769 | 8,755 | 10,582 | 17,002 |
| Free cash flow | 42,204 | 52,672 | 51,589 | 27,306 | 28,266 |
| Levered free cash flow | -77,992 | 4,912 | 75,681 | -6,630 | 17,588 |