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Midea Group Co (HKSE:00300) 6-Month Price Index : 0.94 (As of Apr. 25, 2025)


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What is Midea Group Co 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2025-04-25), Midea Group Co's 6-Month Price Index is 0.94.

Competitive Comparison of Midea Group Co's 6-Month Price Index

For the Furnishings, Fixtures & Appliances subindustry, Midea Group Co's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index 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  (HKSE:00300) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* 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) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Midea Group Co 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Midea Group Co's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Midea Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Midea Group Co Ltd (HKSE:00300) » Definitions » 6-Month Price Index
Comparable Companies
SZSE:000651 SHSE:600690 SHSE:605117 SHSE:600839 SZSE:002032 SZSE:000921 SHSE:603833 SHSE:603486 SZSE:002508 SHSE:603816 SGI SN TSE:9843 MHK NSE:VOLTAS XPAR:SK LSE:HWDN TPE:2059 MIL:DLG WHR
Traded in Other Exchanges
1520:Germany 1520:Germany 000333:China
Address
No. 6 Midea Avenue, Beijiao Town, Midea Headquarters Building, Shunde District, Guangdong Province, Foshan, CHN, 528311
Website
http://www.midea.com
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.
Executives
Ubs Group Ag 2201 Interest of corporation controlled by you
Hsbc Holdings Plc 2302 Custodian
Jpmorgan Chase & Co.
Hhlr Fund, L.p. 2101 Beneficial owner
Hhlr Cf, L.p. 2101 Beneficial owner
Hhlr Advisors, Ltd. 2102 Investment manager
China Cosco Shipping Corporation Limited 2201 Interest of corporation controlled by you
China Ocean Shipping Company Limited 2201 Interest of corporation controlled by you
Cosco Shipping Holdings (hong Kong) Limited 2101 Beneficial owner
Cosco Shipping Holdings Co., Ltd. 2201 Interest of corporation controlled by you
J.p. Morgan Securities Plc 2201 Interest of corporation controlled by you
China International Capital Corporation Hong Kong Securities Limited 2105 Underwriter
China International Capital Corporation (international) Limited 2201 Interest of corporation controlled by you
Morgan Stanley International Holdings Inc. 2201 Interest of corporation controlled by you
Morgan Stanley & Co. International Plc 2101 Beneficial owner

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