000333 Midea Group Co., Ltd
- 69.78
- +1.58+2.32%
Midea Group Co., Ltd News
Midea Group Refiles Application for IPO in Hong Kong
Midea Group (SHE:000333) has refiled an application for an initial public offering in Hong Kong on Monday, half a year after attempting to list in October 2023. Among the sponsors are China Internatio
Midea Group Co., Ltd. (SZSE:000333) Released Earnings Last Week And Analysts Lifted Their Price Target To CN¥78.80
Investors in Midea Group Co., Ltd. (SZSE:000333) had a good week, as its shares rose 2.8% to close at CN¥69.78 following the release of its quarterly results. Midea Group reported in line with a
Midea's Q1 Profit Rises 12%, Operating Income Climbs 10%; Shares Up 3%
Midea Group (SHE:000333) reported net profit attributable to shareholders of 9 billion yuan in the first quarter of the year, up 11.9% from 8.04 billion yuan in the prior year, the company said in its
Home appliance stocks rose, Haier Smart Home (06690) rose 7.56%, and Midea Group once again submitted the report. The agency indicated that the valuation system of domestic home appliance companies is expected to be on par with leading overseas companies
Jinwu Financial News | Midea Group once again submitted to the Hong Kong Stock Exchange, driving the collective rise of home appliance stocks. Haier Smart Home (06690) rose 7.56%, JS Global Life (01691) rose 7.33%, Hisense Home Appliances (00921) rose 4.38%, Skyworth Group (00751) rose 2.2%, and TCL Electronics (01070) rose nearly 1%. According to the Hong Kong Stock Exchange's disclosure on April 29, Midea Group submitted a listing application to the main board of the Hong Kong Stock Exchange, with CICC and Bank of America as co-sponsors. The company submitted the statement on October 24, 2023. Huafu Securities said that with durable goods dominated by the US market
[IPO] Midea Group once again submitted a listing application to the main board of the Hong Kong Stock Exchange
Jinwu Financial News | According to the Hong Kong Stock Exchange's disclosure on April 29, Midea Group submitted a listing application to the main board of the Hong Kong Stock Exchange, with CICC and Bank of America as co-sponsors. The company submitted the statement on October 24, 2023. The company is a leading global provider of technology-driven smart home and commercial and industrial solutions. According to Frost & Sullivan's report, based on 2023 sales volume and revenue, Midea Group is the world's largest home appliance company. On the financial side, the company's revenue in 2021-2023 was 343.36 billion yuan, 345.709 billion yuan and 373.71 billion yuan respectively, corresponding to the same period
IPO News | Midea Group Presents Hong Kong Stock Exchange Main Board as the World's Largest Home Appliance Company
According to the Hong Kong Stock Exchange's disclosure on April 29, Midea Group Co., Ltd. (hereinafter: Midea Group) submitted a statement to the main board of the Hong Kong Stock Exchange, with CICC and Bank of America Securities as co-sponsors.
Midea Group (000333.SZ): Non-net profit of 9.237 billion yuan in the first quarter increased 20.39% year-on-year
Gelonghui, April 29丨Midea Group (000333.SZ) released its first quarter report. Operating revenue was 106.1 billion yuan, up 10.22% year on year, net profit of 9 billion yuan, up 11.91% year on year, after deducting non-net profit of 9.237 billion yuan, up 20.39% year on year, with basic earnings of 1.31 yuan per share.
League of Nations Securities: Domestic sales of home appliances in 24 years ushered in a major cycle of renewal, recommending high-quality, high-dividend white batteries
The Zhitong Finance App learned that Guolian Securities released a research report saying that since March, channel regions have successively implemented relevant plans, and Gree, the leading manufacturer, took the lead in responding, exchanging the volume for a new one and then amplifying the volume. In the dominant phase of renewal, price discounts are flexible. Although they are not comparable to going to the countryside for home appliances, the icing on the cake can be expected. Domestic and external demand in the sector has shown steady performance since the beginning of the year, and dividend valuations still have an advantage. Active layout is recommended; we recommend Baeden leaders Midea (000333.SZ), Gree (000651.SZ), and Haier (600690.SH), which benefit from the trade-in policy and have high dividends. The main views of Guolian Securities are as follows: in the past
Huafu Securities: What is the logic behind the boom in home appliance exports? How long can I watch it?
The Zhitong Finance App learned that Huafu Securities released a research report saying that with the elimination of durable goods retail inventories, mainly in the US market, there are signs of recovery in US real estate, and the white electricity and tool categories are expected to benefit; at the same time, the Paris Olympics will open in July, which is expected to drive demand for black electricity. From a long-term perspective, categories such as robot vacuum cleaners and televisions have now gained a certain market share overseas with their respective advantages, and white electric faucets are also gradually promoting independent brands to go overseas through the idea of “localization”, which is expected to improve the profitability and certainty of the export business in the long term. Benefit bonus style
Calculating The Intrinsic Value Of Midea Group Co., Ltd. (SZSE:000333)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Midea Group fair value estimate is CN¥73.65 With CN¥67.90 share price, Midea Group appears to be trading close to its estimated fair value
Zoom in! Hwang In-hoon reveals disruptive changes
The top three A-share holdings of public funds increased in the first quarter were Ningde Times, Zijin Mining, and Midea Group
Guotai Junan: Domestic demand in the clean appliance industry is picking up, and domestic sales are optimistic about a steady recovery in domestic sales throughout the year
Domestic demand is picking up momentum in the cleaning appliance industry, and we are optimistic that domestic sales will rise steadily throughout the year.
CITIC Construction Investment: Has Baidian's long-term pricing logic changed?
Benchmarking overseas, with the transformation of the valuation system of mature consumer goods companies to a PB-ROE framework, there is still room for improvement in the valuation of the home appliance sector.
An overlooked dark horse racetrack
Why the surge?
Midea's Earth Day 2024 Commitment: A Better Future for Generations to Come
Huitianfu Consumer Industry Quarterly Report Released! “Consumer Goddess” Hu Xinwei: The bottom of consumer company value is gradually becoming prominent
The Zhitong Finance App learned that on April 22, Huitianfu Fund's “consumer male god” Hu Xinwei's operations for the first quarter were announced. As of the first quarter of 2024, Hu Xinwei's management scale was 36.416 billion yuan. Compared with 37.227 billion yuan at the end of the fourth quarter of 2023, the scale was reduced by 811 million yuan, a decrease of 2.18%. It represents the Fund Huitianfu consumer industry, earning 327 million yuan in the first quarter of 2024, an increase of 1,702 billion yuan compared to the 2024 Quarterly Report (-13.75). Shares account for 92.37% of the fund's total assets, up from 91.48 in the 2023 quarterly report
Zheshang Securities: How do you view the valuation differences between Chinese white electronics giants and overseas leaders?
The Zhitong Finance App learned that Zheshang Securities released a research report saying that the high and stable ROE of white electricity is worth a higher valuation, and the factors that suppress valuation compared to overseas leaders may be resolved in the future. 1) Home appliance companies actively expand their own brands overseas, and future capital expenditure depends on future market share leadership in the local market; 2) Although demand and competition in the air conditioning industry are cyclically disrupted, in the medium to long term, the standard attributes of air conditioners themselves and the bargaining power of leaders in the industrial chain make the industry pattern stable for a long time; 3) Under the economic growth cycle, investors' requirements for certainty increase, and the market moves towards deterministic pricing
Cathay Pacific Junan Home Appliance Q1 Quarterly Report Preview: Continued export boom, domestic sales are expected to boost
Benefiting from the impact of channel inventory replenishment and the recovery in terminal demand in some regions, export companies are expected to perform well in Q1 under the low base effect.
Is Midea Group Co., Ltd.'s (SZSE:000333) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Midea Group (SZSE:000333) has had a great run on the share market with its stock up by a significant 18% over the last three months. Given that the market rewards strong financials in the long-term,
Midea, Nio Join Forces for Electric Car Parts Manufacturing
Midea Group (SHE:000333) and Nio (HKG:9866, SGX:NIO) teamed up for the development of electric car parts under a strategic cooperation agreement, according to a statement by Midea on Weibo. Under the
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