Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Midea Group Co's share price for the quarter that ended in Dec. 2024 was HK$75.55. Midea Group Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2024 was 7,656 Mil. Therefore, Midea Group Co's market cap for the quarter that ended in Dec. 2024 was HK$578,407 Mil.
Midea Group Co's quarterly market cap
increased
from Jun. 2024 (HK$17,381 Mil) to Sep. 2024 (HK$567,963 Mil) and
increased
from Sep. 2024 (HK$567,963 Mil) to Dec. 2024 (HK$578,407 Mil).
Midea Group Co's annual market cap
increased
from Dec. 2022 (HK$17,423 Mil) to Dec. 2023 (HK$17,494 Mil) and
increased
from Dec. 2023 (HK$17,494 Mil) to Dec. 2024 (HK$578,407 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Midea Group Co's Enterprise Value for Today is HK$521,907 Mil.
Midea Group Co Market Cap Historical Data
The historical data trend for Midea Group Co's Market Cap 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.
Competitive Comparison of Midea Group Co's Market Cap
For the Furnishings, Fixtures & Appliances subindustry, Midea Group Co's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Midea Group Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Midea Group Co's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Midea Group Co's Market Cap for the fiscal year that ended in Dec. 2024 is calculated as
* 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 (HKSE:00300) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Midea Group Co Market Cap Related Terms
Thank you for viewing the detailed overview of Midea Group Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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 generally 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.
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