Midea Group Co Ltd Class A

000333: XSHE (CHN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Midea Earnings: Margin to Stay Healthy Despite Slower Domestic Growth; Shares Underpriced

Jeff Zhang

Mar 31, 2026

Midea's revenue climbed 12% year on year in 2025, driven by strong performance in overseas markets and its industrial and commercial businesses. Operating margin expanded by 30 basis points to 9.3%, as product mix upgrades and operating cost optimization more than offset rising copper prices.

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United States

Midea Group Co Ltd Class A

Midea Earnings: Margin to Stay Healthy Despite Slower Domestic Growth; Shares Underpriced

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