Midea Group Co (HKSE:00300) EBIT: HK$62,554 Mil (TTM As of Jun. 2026)

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HKSE:00300 Midea Group Co Ltd HKSE:00300
71 GF Score
Price HK$101.40
GF Value HK$86.94
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Midea Group Co EBIT?

Midea Group Co HKSE:00300 +2.68% 71 EBIT is HK$62,554 Mil as of Jun. 2026. GuruFocus rates HKSE:00300 with a GF Score™ of 71/100 and a GF Value™ of HK$86.94 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Midea Group Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was HK$19,891 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was HK$62,554 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Midea Group Co's annualized ROC % for the quarter that ended in Jun. 2026 was 11.86%. Midea Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 136.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Midea Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 8.26%.


Midea Group Co  (HKSE:00300) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Midea Group Co's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=65600.276 * ( 1 - 17.83% )/( (434662.436 + 474164.837)/ 2 )
=53903.7467892/454413.6365
=11.86 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=697135.602 - 179858.916 - ( 109499.35 - max(0, 384358.208 - 466972.458+109499.35))
=434662.436

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=743888.381 - 205630.539 - ( 108498.524 - max(0, 441509.12 - 505602.125+108498.524))
=474164.837

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Midea Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=79563.08/( ( (58067.199 + max(-10546.431, 0)) + (58395.28 + max(-10656.136, 0)) )/ 2 )
=79563.08/( ( 58067.199 + 58395.28 )/ 2 )
=79563.08/58231.2395
=136.63 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(59661.878 + 65666.558 + 203567.949) - (179858.916 + 0 + 159583.9)
=-10546.431

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(71664.355 + 64129.65 + 234483.662) - (205630.539 + 0 + 175303.264)
=-10656.136

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Midea Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=62554.299/757215.888
=8.26 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Midea Group Co EBIT Related Terms


Midea Group Co EBIT Historical Data

* Premium members only.

The historical data trend for Midea Group Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Midea Group Co EBIT Chart

Midea Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42,948.33 41,080.41 47,125.76 52,468.72 61,087.63

Midea Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18,449.59 16,486.00 8,562.29 17,615.24 19,890.77

HKSE:00300 vs SN, SGI, MHK: EBIT Comparison

For the Furnishings, Fixtures & Appliances subindustry, Midea Group Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Midea Group Co EV-to-EBIT vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Midea Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Midea Group Co's EV-to-EBIT falls into.


HKSE:00300
71GF Score
Midea Group Co Ltd HKSE:00300
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Midea Group Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$62,554 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of HK$62,554 Mil mean?
Midea Group Co (HKSE:00300) has a EBIT of HK$62,554 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Midea Group Co.
Is Midea Group Co's EBIT too high?
Midea Group Co's current EBIT is HK$62,554 Mil. Overall, Midea Group Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Midea Group Co's EBIT compare to SN and SGI?
Midea Group Co's EBIT of HK$62,554 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Furnishings, Fixtures & Appliances company?
A good EBIT depends on the Furnishings, Fixtures & Appliances industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Midea Group Co. Midea Group Co's current EBIT is HK$62,554 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midea Group Co stock overvalued right now?
Based on GuruFocus' analysis, Midea Group Co (HKSE:00300) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$86.94, compared to a current price of HK$101.40 — trading 16.6% above its estimated fair value. The current EBIT is HK$62,554 Mil. Midea Group Co's overall GF Score™ is 71/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Midea Group Co (HKSE:00300), the current EBIT is HK$62,554 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Midea Group Co (HKSE:00300) Overvalued in 2026?

Based on GuruFocus' analysis, Midea Group Co stock appears to be overvalued. The current stock price of HK$101.40 is trading 16.6% above its estimated GF Value™ of HK$86.94. GuruFocus considers Midea Group Co to be Modestly Overvalued.

Key valuation signals for HKSE:00300:

  • EBIT: HK$62,554 Mil
  • GF Value™: HK$86.94 vs. price of HK$101.40 (16.6% above fair value)
  • GF Score™: 71/100 with 7 warning signs

No single metric tells the full story. See the HKSE:00300 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Midea Group Co Business Description

Address No. 6 Midea Avenue, Beijiao Town, Midea Headquarters Building, Guangdong Province, Shunde District, Foshan, CHN, 528311
Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, with key products such as air conditioners, refrigerators, washing machines and small household appliances. It is consistently ranked as one of the top three players in China by retail sales in most home appliance categories. The firm also engages in industrial automation and robotics systems through wholly owned Kuka, a global market leader based in Germany. Heating, ventilation, and air conditioning, or HVAC, products contribute the most to Midea's revenue, followed by other consumer appliances, and robotics and automation systems. In addition, Midea generates around 40% of sales outside of China.
71GF Score

Get the complete analysis for HKSE:00300

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$101.40
Price
HK$86.94
GF Value