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Review of Midea (0527.HK)
10 Apr 2023 (52 views)  

1. Midea is a Chinese multinational technology company that specializes in home appliances and HVAC systems. The company was founded in 1968 and has grown to become one of the largest appliance manufacturers in the world.

Midea's product line includes a wide range of home appliances such as air conditioners, refrigerators, washing machines, and small kitchen appliances. In addition to home appliances, Midea also produces commercial air conditioning systems, robotics, and smart home products.

Midea has a global presence, with operations in more than 200 countries and regions around the world. The company has been recognized for its innovation and has won numerous awards for its products, including the Red Dot Design Award, iF Design Award, and Good Design Award.

In recent years, Midea has also invested in developing and manufacturing electric vehicles, as part of its efforts to expand into new areas of the technology industry.

2. According to a report by Euromonitor International, Midea was the world's largest manufacturer of major appliances in 2020, with a market share of 15.4%. This includes a strong presence in categories such as air conditioners, refrigerators, and washing machines.

In the air conditioner category, Midea is the world's largest manufacturer with a market share of 16.6%, according to the same report. In the refrigerator category, Midea is the third-largest manufacturer in the world with a market share of 9.3%.

Midea is also a major player in the small kitchen appliance market, with a strong presence in categories such as electric kettles, rice cookers, and blenders. According to a report by Global Market Insights, Midea was one of the top players in the global small kitchen appliances market in 2020.

Overall, Midea has a strong global market share in several categories of home appliances and continues to expand its reach in new markets and product categories.

3. Midea is a publicly listed company. The company is listed on the Shenzhen Stock Exchange in China, where it is traded under the ticker symbol 000333. Midea is also listed on the Hong Kong Stock Exchange, where it is traded under the ticker symbol 000527.

In addition to its listings in China and Hong Kong, Midea has also issued global depositary receipts (GDRs) that are traded on the Frankfurt Stock Exchange in Germany. These GDRs allow international investors to invest in Midea's stock through the Frankfurt exchange.

4. It has a market cap of HK$383 billion, a PE ratio of 12.65 and a dividend yield of 3.11%. The stock is reasonably priced (i.e. not undervalued).
The market cap is 14 times the size of Hisense.

5. I do not hold any shares in Midea.

Tan Kin Lian

Review of Midea (0527.HK)
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1. Midea is a Chinese multinational technology company that specializes in home appliances and HVAC systems. The company was founded in 1968 and has grown to become one of the largest appliance manufacturers in the world.

Midea's product line includes a wide range of home appliances such as air conditioners, refrigerators, washing machines, and small kitchen appliances. In addition to home appliances, Midea also produces commercial air conditioning systems, robotics, and smart home products.

Midea has a global presence, with operations in more than 200 countries and regions around the world. The company has been recognized for its innovation and has won numerous awards for its products, including the Red Dot Design Award, iF Design Award, and Good Design Award.

In recent years, Midea has also invested in developing and manufacturing electric vehicles, as part of its efforts to expand into new areas of the technology industry.

2. According to a report by Euromonitor International, Midea was the world's largest manufacturer of major appliances in 2020, with a market share of 15.4%. This includes a strong presence in categories such as air conditioners, refrigerators, and washing machines.

In the air conditioner category, Midea is the world's largest manufacturer with a market share of 16.6%, according to the same report. In the refrigerator category, Midea is the third-largest manufacturer in the world with a market share of 9.3%.

Midea is also a major player in the small kitchen appliance market, with a strong presence in categories such as electric kettles, rice cookers, and blenders. According to a report by Global Market Insights, Midea was one of the top players in the global small kitchen appliances market in 2020.

Overall, Midea has a strong global market share in several categories of home appliances and continues to expand its reach in new markets and product categories.

3. Midea is a publicly listed company. The company is listed on the Shenzhen Stock Exchange in China, where it is traded under the ticker symbol 000333. Midea is also listed on the Hong Kong Stock Exchange, where it is traded under the ticker symbol 000527.

In addition to its listings in China and Hong Kong, Midea has also issued global depositary receipts (GDRs) that are traded on the Frankfurt Stock Exchange in Germany. These GDRs allow international investors to invest in Midea's stock through the Frankfurt exchange.

4. It has a market cap of HK$383 billion, a PE ratio of 12.65 and a dividend yield of 3.11%. The stock is reasonably priced (i.e. not undervalued).
The market cap is 14 times the size of Hisense.

5. I do not hold any shares in Midea.

Tan Kin Lian