Midea Group Co. Ltd. Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Dec'25

Dec'24

Dec'23

Dec'22

Dec'21

Dec'20

Dec'19

Net Sales

4,57,172.57

4,07,755.14

3,72,387.72

3,44,759.00

3,42,328.52

2,84,596.60

2,78,172.73

Other Operating Income

0.00

Total Operating income

4,57,172.57

4,07,755.14

3,72,387.72

3,44,759.00

3,42,328.52

2,84,596.60

2,78,172.73

Raw Material Cost

3,35,991.45

2,99,589.97

2,76,444.64

2,60,595.84

2,64,626.08

2,12,951.73

1,98,048.18

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

2,306.39

2,473.27

2,808.10

1,943.14

1,593.67

1,471.35

1,044.41

Selling and Distribution Expenses

59,380.11

53,225.79

45,554.70

40,837.12

39,289.55

37,086.18

44,239.04

Other Expenses

1,548.12

1,375.95

1,177.52

1,067.54

1,042.12

864.73

859.37

Total Expenditure (Excl Depreciation)

4,13,159.18

3,69,048.53

3,36,582.65

3,14,051.47

3,15,930.54

2,60,156.58

2,51,925.35

Operating Profit (PBDIT) excl Other Income

44013.4

38706.6

35805.100000000006

30707.5

26398

24440

26247.399999999998

Other Income

10,976.71

8,629.62

7,582.88

6,959.33

9,586.98

7,602.96

4,243.51

Operating Profit (PBDIT)

63,798.69

55,227.57

50,168.00

43,110.01

41,143.39

36,287.03

34,835.11

Interest

2,306.39

2,473.27

2,808.10

1,943.14

1,593.67

1,471.35

1,044.41

Exceptional Items

343.91

912.19

-414.57

-311.29

-210.01

1,465.59

800.45

Gross Profit (PBDT)

1,21,181.13

1,08,165.17

95,943.08

84,163.16

77,702.44

71,644.87

80,124.55

Depreciation

9,339.69

7,823.84

7,348.92

6,507.92

6,182.85

5,020.26

5,168.26

Profit Before Tax

52,496.51

45,842.65

39,596.40

34,347.65

33,156.86

31,261.01

29,422.89

Tax

8,565.15

7,932.53

6,531.81

5,145.70

4,702.17

4,157.00

4,651.97

Provisions and contingencies

0.00

Profit After Tax

43,829.97

38,453.30

33,653.78

29,489.95

28,491.50

27,158.04

24,170.13

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

43,829.97

38,453.30

33,653.78

29,489.95

28,491.50

27,158.04

24,170.13

Share in Profit of Associates

0.00

Minority Interest

574.78

219.98

25.42

256.72

441.73

283.57

1,065.92

Other related items

0.00

Consolidated Net Profit

44,404.76

38,673.27

33,679.20

29,746.67

28,933.22

27,441.61

25,236.05

Equity Capital

0.00

Face Value

1.0

Reserves

2,23,221.30

2,16,750.06

1,62,878.83

1,42,935.24

1,24,868.12

1,17,516.26

1,01,669.16

Earnings per share (EPS)

5.76

5.41

4.93

4.33

4.14

3.9

3.58

Diluted Earnings per share

5.76

5.41

4.93

4.33

4.14

3.9

3.58

Operating Profit Margin (Excl OI)

9.51%

9.46%

8.6%

7.41%

8.31%

9.14%

Gross Profit Margin

13.53%

13.16%

12.61%

11.85%

11.49%

12.75%

12.44%

PAT Margin

9.59%

9.43%

9.04%

8.55%

8.32%

9.54%

8.69%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2025 is 12.12% vs 9.50% in Dec 2024

Consolidate Net Profit

YoY Growth in year ended Dec 2025 is 14.82% vs 14.83% in Dec 2024

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2025 is 13.36% vs 9.42% in Dec 2024

Interest

YoY Growth in year ended Dec 2025 is -6.75% vs -11.92% in Dec 2024

Operating Profit Margin (Excl OI)

YoY Growth in year ended Dec 2025 has improved from Dec 2024

Compare Annual Results Of Midea Group Co. Ltd. With

Select Peers

Figures in Million

Consolidate Annual Results

Change(CNY)

Change(%)

Net Sales

4,57,172.57

Other Operating Income

0.00

Total Operating income

4,57,172.57

Raw Material Cost

3,35,991.45

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

2,306.39

Selling and Distribution Expenses

59,380.11

Other Expenses

1,548.12

0.00

1,548.12

Total Expenditure (Excl Depreciation)

4,13,159.18

Operating Profit (PBDIT) excl Other Income

44,013.39

0.00

44,013.39

Other Income

10,976.71

Operating Profit (PBDIT)

63,798.69

Interest

2,306.39

Exceptional Items

343.91

Gross Profit (PBDT)

1,21,181.13

Depreciation

9,339.69

Profit Before Tax

52,496.51

Tax

8,565.15

Provisions and contingencies

0.00

Profit After Tax

43,829.97

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

43,829.97

Share in Profit of Associates

0.00

Minority Interest

574.78

Other related items

0.00

Consolidated Net Profit

44,404.76

Equity Capital

0.00

Face Value

1.00

0.00

Reserves

2,23,221.30

Earnings per share (EPS)

5.76

Diluted Earnings per share

5.76

Operating Profit Margin (Excl OI)

9.51%

0.00

9.51%

Gross Profit Margin

13.53%

0.00

13.53%

PAT Margin

9.59%

0.00

9.59%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 45,717.26 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is 12.12% vs 9.50% in Dec 2024

Annual - Consolidate Net Profit

Consolidate Net Profit 4,440.48 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is 14.82% vs 14.83% in Dec 2024

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 5,282.20 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is 13.36% vs 9.42% in Dec 2024

Annual - Interest

Interest 230.64 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is -6.75% vs -11.92% in Dec 2024

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 9.51%

in Dec 2025

Figures in %

YoY Growth in year ended Dec 2025 has improved from Dec 2024