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Midea Group Co P/E 2024

Midea Group Co P/E

12.3

Midea Group Co Dividend yield

3.66 %

Ticker

000333.SZ

ISIN

CNE100001QQ5

WKN

A1W8D0

As of Apr 29, 2024, Midea Group Co's P/E ratio was 12.3, a 23.62% change from the 9.95 P/E ratio recorded in the previous year.

The Midea Group Co P/E history

Midea Group Co Aktienanalyse

What does Midea Group Co do?

The Midea Group Co Ltd is a Chinese company that was founded in 1968 in China and specializes in the manufacturing of household and industrial products. With a wide portfolio of products and a strong focus on research and development, Midea Group Co Ltd has become one of the leading manufacturers in China and worldwide. The company is known for its diverse and innovative products, including kitchen appliances, air conditioning, household appliances, refrigeration, lighting systems, and robots. The company also has a strong presence in the field of home robotics and offers a wide range of vacuum cleaners, window cleaning robots, and other cleaning robots that meet the needs of consumers worldwide. A part of Midea's business model is a focus on sustainability. The company strives to offer environmentally-conscious consumers products that consume less energy and thus reduce environmental impact. The company has also invested in renewable energy in recent years and today offers a wide range of products for use in solar energy systems and other renewable energy systems. The various divisions of Midea include machinery and equipment manufacturing, intelligent household appliances, lighting technology, and air conditioning and ventilation technology. The company's machinery division includes a wide range of industrial products and solutions, including industrial cooling systems, compressors, refrigeration systems, and robots. The ventilation and air conditioning division is known for its high-quality air conditioning and heating systems used in homes and offices worldwide. Midea also has a strong presence in the domestic market in China, and the company is also globally active, with branches and subsidiaries in Europe, North America, and Asia. By utilizing state-of-the-art manufacturing techniques in its production facilities, the company is able to offer products of the highest quality at an affordable price, thus remaining competitive in the international market. The company is also known for its strong research and development department, which constantly works to develop innovative products that meet the needs of consumers worldwide. Midea's research and development department collaborates with some of the world's leading technology companies to ensure that the company stays at the forefront of technology. Overall, Midea Group Co Ltd is a company known for its quality, innovation, and sustainability. With a wide portfolio of products and a strong focus on research and development, it is expected to continue to play an important role in the global economy. Midea Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Midea Group Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Midea Group Co is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Midea Group Co's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Midea Group Co is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Midea Group Co’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Midea Group Co Stock

What is the price-to-earnings ratio of Midea Group Co?

The price-earnings ratio of Midea Group Co is currently 12.3.

How has the price-earnings ratio of Midea Group Co changed compared to last year?

The price-to-earnings ratio of Midea Group Co has increased by 23.62% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Midea Group Co high compared to other companies?

Yes, the price-to-earnings ratio of Midea Group Co is high compared to other companies.

How does an increase in the price-earnings ratio of Midea Group Co affect the company?

An increase in the price-earnings ratio of Midea Group Co would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Midea Group Co affect the company?

A decrease in the price-earnings ratio of Midea Group Co would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Midea Group Co?

Some factors that influence the price-earnings ratio of Midea Group Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Midea Group Co pay?

Over the past 12 months, Midea Group Co paid a dividend of 2.5 CNY . This corresponds to a dividend yield of about 3.66 %. For the coming 12 months, Midea Group Co is expected to pay a dividend of 2.81 CNY.

What is the dividend yield of Midea Group Co?

The current dividend yield of Midea Group Co is 3.66 %.

When does Midea Group Co pay dividends?

Midea Group Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Midea Group Co?

Midea Group Co paid dividends every year for the past 14 years.

What is the dividend of Midea Group Co?

For the upcoming 12 months, dividends amounting to 2.81 CNY are expected. This corresponds to a dividend yield of 4.12 %.

In which sector is Midea Group Co located?

Midea Group Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Midea Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Midea Group Co from 6/1/2023 amounting to 2.5 CNY, you needed to have the stock in your portfolio before the ex-date on 6/1/2023.

When did Midea Group Co pay the last dividend?

The last dividend was paid out on 6/1/2023.

What was the dividend of Midea Group Co in the year 2023?

In the year 2023, Midea Group Co distributed 1.701 CNY as dividends.

In which currency does Midea Group Co pay out the dividend?

The dividends of Midea Group Co are distributed in CNY.

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Andere Kennzahlen von Midea Group Co

Our stock analysis for Midea Group Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Midea Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.