Midea stock: Midea reports 3.55 percent first-half growth. 23 analysts rate Midea stock Buy

Published on 10/20/2026 at 15:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached CNY 260.04 billion in first-half 2026. Midea stock costs EUR 10.63 on October 20, 2026, down 0.99 percent versus Tradegate close.

First-half results and dates

Midea reported 3.55 percent first-half revenue growth on August 28, 2026.
First-half revenue reached CNY 260.04 billion and attributable net profit reached CNY 26.45 billion.
Midea stock costs EUR 10.63 at Lang & Schwarz on October 20, 2026 at 3:12 p.m. CEST, down 0.99 percent versus the Tradegate close of October 19, 2026.
Midea is scheduled to release third-quarter results on October 29, 2026.

Midea, CNE100006M58, Illustration mit AI erstellt.

Midea (ISIN CNE100006M58) reported first-half revenue of CNY 260.04 billion, up 3.55 percent from the prior-year period, while attributable net profit rose 1.66 percent to CNY 26.45 billion. World Clean Biz reported the figures for the six months ended June 30, 2026, on October 6, 2026. At Lang & Schwarz, Midea was trading at EUR 10.63 on October 20, 2026 at 3:12 p.m. CEST, down 0.99 percent versus the Tradegate close of October 19, 2026.

Profit quality matters

The headline revenue figure hides a sharper split in profitability. Reported net profit increased 1.66 percent to CNY 26.45 billion in the first half of 2026, but profit excluding non-recurring items fell 25.31 percent to CNY 19.60 billion. World Clean Biz said the comparison reflected different treatment of currency-related items and derivative gains.

What do the figures mean?

The contrast gives investors two different readings of the same period. Revenue growth slowed to 3.55 percent, while the 25.31 percent decline in profit excluding non-recurring items points to pressure beneath the reported earnings increase. The company recorded CNY 0.50 per share for its proposed interim cash dividend, according to the same first-half report.

Valuation and next date

Midea's Shenzhen quote was last at CNY 85.28 on October 20, 2026 at 3:04 p.m. CST. Its market capitalization was CNY 650.7 billion and its price-to-earnings ratio was 14.60 on that date. The CNY 71.77 to CNY 89.50 52-week range places the quote 4.71 percent below its high. The figures come from the Shenzhen listing and remain separate from the euro quotation.

MarketScreener lists October 29, 2026 as the earnings release date for third-quarter results. Its analyst table also records 23 analysts, a Buy mean consensus and an average target of CNY 100.27.

Stock position for investors

The euro quotation is slightly below the previous German-market close, while the home-market valuation remains supported by a 14.60 price-to-earnings ratio. The operating picture is less uniform because reported profit growth and adjusted profit development moved in opposite directions during the first half.

Midea was trading at EUR 10.63 at Lang & Schwarz on October 20, 2026 at 3:12 p.m. CEST, down 0.99 percent versus the Tradegate close of October 19, 2026 (EUR 10.74). The further course of trading is shown by the continuously updated real-time quote of Midea stock.