Midea Group Co., Ltd., a global enterprise headquartered in Foshan, China, was established in 1968 and operates as a subsidiary of Midea Holding Co., Ltd. The company's primary focus is the manufacturing and distribution of consumer home appliances, alongside advanced robotic and automation systems, serving both domestic and international markets. Its extensive operations are structured across five key divisions: the Smart Home Business Group, Industrial Technology Business Group, Building Technologies Division, Robotics & Automation Division, and Digital Innovation Business. Midea's diverse product portfolio includes a wide array of household and commercial air conditioning units, refrigeration equipment, laundry appliances, and major cooking apparatus. It also offers various kitchen, water treatment, vacuum, and other small domestic appliances, as well as lighting solutions. Beyond consumer products, Midea is a significant supplier of crucial core components such as compressors, motors, semiconductors, variable frequency drives, servo systems, and cooling modules. These components, sold under brands like GMCC, Welling, MR, and TOSHIBA, cater to the household appliance, automotive industrial control, and 3C (Computer, Communications, Consumer Electronics) sectors. The group further provides a comprehensive suite of services and solutions, encompassing building technologies; industrial robotics, automated logistics, and transmission systems designed for future factory applications; and specialized offerings for healthcare, entertainment, and emerging consumer markets. Its capabilities also extend to software development, unmanned retail concepts, production services, medical imaging equipment and associated support, smart supply chain management, and Internet of Things (IoT) solutions for intelligent devices. Additionally, Midea Group is involved in the trade and processing of raw materials used in electrical appliances and offers a range of financial services. These include customer deposits, interbank lending and borrowing, various credit facilities (consumption, buyer's, petty loans), factoring, and finance leasing services.
The current price of MGCOF is $13.05 USD — it has increased by +5.04% in the past 24 hours. Watch Midea Group stock price performance more closely on the chart.
What is Midea Group stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on OTC Link exchange Midea Group stocks are traded under the ticker MGCOF.
Is Midea Group stock price growing?▼
MGCOF stock has risen by +19.74% compared to the previous week, the month change is a +2.69% rise, over the last year Midea Group has showed a +28.72% increase.
What is Midea Group market cap?▼
Today Midea Group has the market capitalization of 8.49B
When is the next Midea Group earnings date?▼
Midea Group is going to release the next earnings report on April 23, 2027.
What were Midea Group earnings last quarter?▼
MGCOF earnings for the last quarter are 0.29 USD per share, whereas the estimation was 0.3 USD resulting in a -1.5% surprise. The estimated earnings for the next quarter are N/A USD per share.
What is Midea Group revenue for the last year?▼
Midea Group revenue for the last year amounts to 76.61B USD.
What is Midea Group net income for the last year?▼
MGCOF net income for the last year is 7.88B USD.
Does Midea Group pay dividends?▼
Yes, MGCOF dividends are paid semi-annual. The last dividend per share was 0.56 . As of today, Dividend Yield (FWD)% is 5.14%.
How many employees does Midea Group have?▼
As of November 6, 2026, the company has 198,570 employees.
In which sector is Midea Group located?▼
Midea Group operates in the Lifestyle & Brands sector.