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Midea price jumps highlight: air conditioner purchases highly time-dependent

Prices for portable air conditioners fluctuate extremely seasonally; for the Midea PortaSplit Cool, sale prices ranged from €599 to €1,828 within a few weeks. Searches for “air conditioner” have risen sharply this year; experts say around 40 percent of Germans plan to buy one, with portable units preferred. Retailers profit from high margins but face the risk of supply shortages or overstocks, while manufacturers—bound by longer-term terms—benefit less from short-term promotions. » More on wiwo.de
Midea price chaos for portable air conditioners highlights importance of purchase timing

Prices for the portable air conditioner Midea PortaSplit Cool fluctuated massively over the summer and illustrate that the right time to buy is often more important than the model. Demand for air conditioners has risen sharply (Google searches were three times higher than the previous year) and around 40 percent of Germans plan to buy one, with portable units preferred. Retailers benefit from high margins but face the risk of supply shortages during sudden heat or tied-up capital if demand fails to materialize, while manufacturers agree long-term terms with the trade. » More on wiwo.de
Midea PortaSplit shows extreme price fluctuations for portable air conditioners

The price of the portable air conditioner Midea PortaSplit Cool (2.35 kW) fluctuated sharply over the summer, ranging within a few weeks from €599 to €1,828. Increased demand for air conditioners is driving search volumes and purchase plans in Germany, with around 40% of consumers considering a purchase and preferring portable units. Retailers benefit from high margins but face risks from supply shortages during sudden heat or tied-up capital if demand fails to materialize. » More on wiwo.de

Historical dividends Dividends

All dividend metrics All metrics

In 2026, Midea Group 'A' has already paid €0.49 in dividends. The last payout was in June.

Financials

In the last quarter, Midea Group 'A' had revenue of €16.7bn and net profit of €1.78bn

(EUR)	June 2026	YoY
Revenue	16.7bn	14.37%
Gross profit	4.21bn	13.28%
Net profit	1.78bn	10.34%
EBITDA	1.85bn	8.29%

Fundamentals

Metric	Value
Market capitalization	€87.59bn
Number of shares	7.63bn
52-week high/low	€12.00 - €9.63
Dividends TTM	€0.55
Beta	0.48
P/E ratio	14.58
PEG ratio	5.97
P/B ratio	3.03
P/S ratio	1.40

Company profile

Midea Group Co., Ltd., together with its subsidiaries, manufactures and sells home appliances, and robotic and automation systems in China and internationally. It operates through five segments: Smart Home Business Group, Industrial Technology Business Group, Building Technologies Division, Robotics & Automation Division, and Digital Innovation Business. The company offers household and commercial air conditioning appliances; refrigeration, laundry, and large cooking appliances; kitchen, water, vacuum, and small domestic appliances; and lighting products. It also provides core components, such as compressors, motors, chips, variable frequency drives, servo systems, and cooling modules under the GMCC, Welling, MR, TOSHIBA, HICONICS, SUNYE, SERVOTRONIX, DORNA, etc. for household appliances, automobile industrial control, and 3C industries. In addition, the company provides building solutions; industrial robotics, automatic logistics systems, and transmission systems for future factory-related fields, as well as solutions for health care, entertainment, new consumption, etc.; software services, unmanned retail solutions, and production services; and medical imaging devices and related services, as well as smart supply chain solutions. Further, it engages in sale, wholesale, and processing of raw materials of household electrical appliances; and the provision of financial services, such as customer deposit, interbank lending and borrowing, consumption credit, buyer's credit, petty loan, factoring, and finance leasing services. Additionally, the company provides Internet of Things solutions for intelligent appliances. Midea Group Co., Ltd. was founded in 1968 and is headquartered in Foshan, China. Midea Group Co., Ltd. is a subsidiary of Midea Holding Co., Ltd.

Name	Midea Group 'A'
CEO	Jianguo Wang
Headquarters	Foshan, gd China
Website	midea-group.com
Sector	Consumer Staples
Industry	Household Products
IPO	18/09/2013
Employees	198,570