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: Revenue Grow Despite Soft Domestic Home Appliance Demand, H-Shares Cheap

Jeff Zhang

May 1, 2026

Midea posted 2% revenue growth and a flat operating profit year on year for the first quarter of 2026. While domestic home appliance sales likely remain weak amid high base effects, the firm's commercial air conditioning and robotics segments both posted double-digit top-line increases.

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Midea Group Co Ltd Class A

Midea Earnings: Revenue Grow Despite Soft Domestic Home Appliance Demand, H-Shares Cheap

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