Midea Group Co Ltd – Market Snapshot and Context
Midea Group Co Ltd, headquartered in Foshan, China, operates in the consumer discretionary sector under the household durables industry. The company manufactures, markets, and installs a broad range of household electrical appliances, compressors, and related components. In addition to its core appliance business, Midea offers information technology services, corporate investment consulting, software and hardware development, property management, and corporate engineering support. Its products are sold worldwide, underpinning a global supply chain.
Key Financial Metrics (as of 15 January 2026)
| Item | Value |
|---|---|
| Closing share price | HKD 85.90 |
| 52‑week high | HKD 92.15 |
| 52‑week low | HKD 63.20 |
| Market capitalisation | HKD 647 450 000 000 |
| Price‑earnings ratio | 13.42 |
| Primary listing exchange | Hong Kong Stock Exchange |
| Currency | HKD |
The share price of HKD 85.90 on 15 January 2026 places Midea at approximately 93 % of its 52‑week high, indicating a relatively strong recent performance within its trading range.
Recent Market Activity
- On 16 January 2026, the Shanghai Composite Index closed below its five‑day moving average. Among the 780 Chinese A‑share stocks that crossed the five‑day average on that day, Midea Group was noted for a modest rise, registering a 0.04 % gain at 1 January 16.
- In the same session, several exchange‑traded funds that hold Midea shares reported incremental gains. The Selective Consumer ETF (562580) and the Deep Value ETF (159913) both opened higher, with Midea contributing a 0.04 % rise to their performance.
Industry Context
Midea operates in a highly competitive segment of household durables. While the company’s core appliance division continues to dominate domestic sales, it faces growing pressure from emerging technologies and shifting consumer preferences toward smart home solutions. The firm’s diversification into IT and engineering services reflects an effort to broaden revenue streams beyond traditional appliance manufacturing.
Outlook
Given the current market conditions and Midea’s robust balance sheet, analysts expect the company to maintain its growth trajectory in the short term. The recent rise in share price, coupled with a strong 52‑week performance, suggests positive investor sentiment. However, potential risks include supply‑chain disruptions, regulatory changes in China, and intensified competition from both domestic and international players.
