Midea stock rises 1.25% as mixed Q3 picture persists
Published on 11/05/2026 at 15:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMixed Earnings Meet A Stronger Quote
- Midea's third-quarter revenue declined while reported profit increased and adjusted profit fell.
- Business-to-business operations, Building Technologies and Robotics & Automation partly offset weaker domestic appliance demand.
- The interim dividend reaches its November 6 ex-dividend date before payment is scheduled for November 27.
Midea stock traded at 11.32 euros on Lang & Schwarz at 15:29 CET on Thursday, November 5, 2026, 1.25 percent above the 11.18-euro Lang & Schwarz quote in the previous report published on November 4. The move clears the one-percent threshold for a fresh market update, while the operating picture remains mixed.
The latest Midea earnings report said third-quarter revenue fell year over year as domestic appliance demand weakened. Reported net profit rose, but adjusted net profit declined, highlighting a split between headline earnings and recurring profitability.
Business Mix Offers A Partial Offset
Business-to-business operations provided support during the quarter. Building Technologies grew at a high-single-digit rate, while Robotics & Automation revenue increased by approximately 10 percent year over year, according to the Nomura research summary cited in the report.
That mix gives Midea more exposure to industrial and building-related demand than a pure household-appliance business. Investors will therefore watch whether those activities can continue to offset softer domestic consumer demand and protect cash generation.
Dividend Calendar Moves Into Focus
The interim distribution covers the six months ended June 30, 2026. The dividend timetable reported by Ad Hoc News sets November 6 as the ex-dividend date for H shares, November 13 as the record date and November 27 as the scheduled payment date. The gross interim dividend is RMB 5 per 10 shares, while the applicable withholding tax depends on the investor category.
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More news and analyses on Midea stock track the company's earnings, capital allocation and operating trends.
Midea Group Co., Ltd.
- ISIN: CNE100006M58
- Lang & Schwarz quote: 11.32 euros at 15:29 CET on November 5, 2026
- Change versus November 4 report: 1.25 percent higher than 11.18 euros
- Third-quarter revenue: RMB 108.035 billion, down 3.9 percent year over year
- Reported net profit: RMB 14.947 billion, up 25.9 percent year over year
- Adjusted net profit: RMB 9.193 billion, down 15.7 percent year over year
- Interim dividend: RMB 5 per 10 shares
- Ex-dividend date: November 6, 2026
- Scheduled payment date: November 27, 2026
