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Midea Group
Midea Group (000333) investor relations material
Midea Group Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary28 Aug, 2026
Executive summary
Revenue for H1 2026 reached RMB 260.0 billion, up 3.55% year-over-year; net profit attributable to shareholders was RMB 26.4 billion, up 1.66% year-over-year.
Cash flow from operating activities was RMB 37.6 billion, up 0.73% year-over-year.
The company maintained its global leadership in smart home, industrial technology, building technology, robotics, new energy, healthcare, and logistics.
Ranked 231st in the 2026 Fortune Global 500, up 15 places from last year.
Financial highlights
Revenue: RMB 260.0 billion (+3.55% YoY); Net profit attributable to shareholders: RMB 26.4 billion (+1.66% YoY).
Gross margin for manufacturing: 26.55%; smart home business gross margin: 27.95%.
Basic EPS: RMB 3.52 (+3.23% YoY); diluted EPS: RMB 3.50 (+2.64% YoY).
Net assets attributable to shareholders: RMB 212.9 billion (-4.64% from year-end 2025).
Cash dividend: RMB 5 per 10 shares, total payout RMB 3.72 billion.
Outlook and guidance
Focus on core growth in white goods and HVAC, aiming for global leadership.
Continued investment in R&D and innovation, especially in robotics and new energy.
Strengthen global OBM (own brand manufacturing) and localize operations.
Domestic market: push for retail transformation and efficiency; ToB business to drive future growth.
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Latest events from Midea Group
- Q1 2026 revenue and net profit grew modestly, but core profit declined 14.02% year-over-year.000333
Q1 2026 - Record revenue and profit growth driven by overseas and ToB expansion, with strong global positioning.000333Q4 2025
- Q3 revenue and net profit rose 10.06% and 8.95% year-over-year, with strong segment growth.000333Q3 2025
- H1 2025 revenue and profit surged on strong global sales, innovation, and strategic expansion.000333Q2 2025
- Q3 net profit surged 14.86% year-over-year, driven by strong smart home and new energy growth.000333Q3 2024
- H1 2024 revenue up 10.3% and net profit up 14.1%, led by overseas and tech-driven growth.000333Q2 2024
- Record revenue and profit growth, strong cash flow, and global expansion in 2024.000333Q4 2024
- Q1 2025 revenue up 20.49%, net profit up 38.02%, led by new energy and tech growth.000333Q1 2025
Next Midea Group earnings date
Q3 202630 Oct, 2026
Midea Group
Next Midea Group earnings date
Q3 202630 Oct, 2026
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