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Midea prices for portable air conditioner fluctuate sharply – timing is crucial
Prices for the portable Midea PortaSplit Cool (2.35 kW) were extremely volatile over the summer, swinging from €599 to over €1,800 and back within days. Searches and demand rose noticeably (three times as many searches from June to August compared with the previous year), and around 40 percent of Germans plan to buy, especially portable units. Retailers benefit from high margins but face the risk of supply bottlenecks or excess inventory if the heat fails to materialize. » More on wiwo.de
Midea price swings show: timing pays when buying air conditioners
The prices for the portable air conditioner Midea PortaSplit Cool fluctuated wildly this summer and illustrate that the timing of a purchase is often more important than the brand. Demand rose significantly: Google searches for 'air conditioner' were three times higher from June to August than the previous year, and according to Christoph Krauss 40 percent of Germans are planning a purchase. Portable units are popular because they require no installation; retailers benefit from high margins but bear the risk of supply shortages or high inventories if the heat fails to materialize. » More on wiwo.de
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | June 2026 | |
|---|---|---|
| Revenue | 16.63B | 13.31% |
| Gross profit | 4.2B | 9.29% |
| Net profit | 1.77B | 9.88% |
| EBITDA | 1.85B | 17.89% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €83.33B |
Number of shares | 7.54B |
52-week high/low | €11.15 - €8.51 |
Dividend yield | 5.06% |
Dividends TTM | €0.55 |
Beta | 0.48 |
P/E ratio | 14.76 |
PEG ratio | -9.73 |
P/B ratio | 3.05 |
P/S ratio | 1.39 |
Company profile
| Name | Midea Group 'H' |
| CEO | Jianguo Wang |
| Headquarters | Foshan,
gd China |
| Sector | Consumer Discretionary |
| Industry | Household Durables |
| Employees | 198,570 |
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