Midea Group Co (SZSE:000333) Growth Rank : 9 (As of Dec. 14, 2024)

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What is Midea Group Co Growth Rank?

Midea Group Co has the Growth Rank of 9.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.

Competitive Comparison of Midea Group Co's Growth Rank

For the Furnishings, Fixtures & Appliances subindustry, Midea Group Co's Growth Rank, along with its competitors' market caps and Growth Rank 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 Growth Rank Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Midea Group Co's Growth Rank falls into.

Midea Group Co Growth Rank Related Terms

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Midea Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Midea Group Co Ltd (SZSE:000333) » Definitions » Growth Rank

Comparable Companies

Traded in Other Exchanges

00300:Hong Kong 1520:Germany

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 China.

Executives

Li Guo Lin	Executives
Zhang Xiao Yi	Executives
Fang Hong Bo	Directors, executives
Jiang Peng	Secretary Dong
Liang Hui Ming	Supervisors
Ou Yun Bin	Securities Affairs Representative
Xiang Wei Min	Executives
He Jian Feng	Director
Zhu Feng Tao	Executives
Mai Yu Fen	Supervisors
Zhao Jun	Supervisors
Li Jian Wei	Director
Cai Qi Wu	Directors, executives
Huang Xiao Ming	Directors, executives
Yuan Li Qun	Directors, executives

Midea Group Co Headlines

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