Midea's revenue and operating profit rose 5% and 8% year-on-year, respectively, in the second quarter of 2026. Artificial intelligence tools cut marketing and research costs by more than the rise in input costs. The interim dividend remains unchanged at CNY 0.5 per share.
Upgrade and replacement demand will continue to support sales of home appliances, and Midea should benefit more than its peers, given its leading position in the industry.
China’s worsening real estate sector would further weigh on demand for domestic home appliances.
|
Metric
|
000333
|
600690
|
TT
|
|---|---|---|---|
Price/Earnings (Normalized) | 16.56 | 11.62 | 31.14 |
Price/Book Value | 3.12 | 1.66 | 10.92 |
Price/Sales | 1.42 | 0.66 | 4.29 |
Price/Cash Flow | 13.92 | 6.76 | 26.12 |
|
Metric
|
000333
|
600690
|
TT
|
|---|---|---|---|
Quick Ratio | 0.47 | 0.69 | 0.66 |
Current Ratio | 1.15 | 1.13 | 1.07 |
Interest Coverage | 24.40 | 10.06 | 17.91 |
|
Metric
|
000333
|
600690
|
TT
|
|---|---|---|---|
Return on Assets (Normalized) | 5.50% | 5.34% | 13.82% |
Return on Equity (Normalized) | 15.93% | 13.76% | 36.40% |
Return on Invested Capital (Normalized) | 9.59% | 9.69% | 24.72% |
|
1-Day Chart
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Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| iRobot Corp
IRBTQ
| LOCK|BjCdv!& | LOCK|%@Ty% | — | |||
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MGCLY
| — | LOCK|pgz%n | $99B | |||
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United States