About midea group - MGCLY
Midea Group Co., Ltd. manufactures and sells home and commercial electric appliances. Its business segments include large appliances, water, kitchen, large & small cooking, heating, ventilation, electrical and logistics appliances. Its products include air conditioner, fan, bakery machine, rice cooker, microwave, oven, induction cooker, micro-electric air pot, kettle, vacuum cleaner, humidifier, heater, washing machine, water appliances, floor care, and dehumidifier. The company was founded by He Xiang Jian in 1968 and is headquartered in Foshan, China.
MGCLY At a Glance
Midea Group Co. Ltd.
Midea Headquartere Building
Foshan, Guangdong 528311
| Phone | 86-757-2633-8888 | | Revenue | 56.55B |
| Industry | Electronics/Appliances | | Net Income | 5.34B |
| Sector | Consumer Durables | | 2024 Sales Growth | 7.731% |
| Fiscal Year-end | 12 / 2025 | | Employees | 198,432 |
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MGCLY Valuation
| P/E Current | 13.193 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 12.872 |
| Price to Sales Ratio | 1.223 |
| Price to Book Ratio | 2.508 |
| Price to Cash Flow Ratio | 7.72 |
| Enterprise Value to EBITDA | 8.573 |
| Enterprise Value to Sales | 0.982 |
| Total Debt to Enterprise Value | 0.277 |
MGCLY Efficiency
| Revenue/Employee | 284,973.498 |
| Income Per Employee | 26,926.591 |
| Receivables Turnover | 4.816 |
| Total Asset Turnover | 0.747 |
MGCLY Liquidity
| Current Ratio | 1.106 |
| Quick Ratio | 0.915 |
| Cash Ratio | 0.634 |
MGCLY Profitability
| Gross Margin | 26.384 |
| Operating Margin | 9.528 |
| Pretax Margin | 11.265 |
| Net Margin | 9.449 |
| Return on Assets | 7.062 |
| Return on Equity | 20.293 |
| Return on Total Capital | 11.85 |
| Return on Invested Capital | 17.224 |
MGCLY Capital Structure
| Total Debt to Total Equity | 51.841 |
| Total Debt to Total Capital | 34.142 |
| Total Debt to Total Assets | 18.593 |
| Long-Term Debt to Equity | 7.19 |
| Long-Term Debt to Total Capital | 4.735 |