China’s Midea Group - 美的 (000333.SZ/0300.HK) Stock Analysis скачать в хорошем качестве

China’s Midea Group - 美的 (000333.SZ/0300.HK) Stock Analysis

Midea is the company most people don’t see—but it’s behind things you use every day: ACs, fridges, elevators, factory robots, and building systems. In this deep dive, I break down how Midea evolved from “big in appliances” to an HVAC-first platform with a durable edge in compressors, a growing software/service layer (M·IoT & iBUILDING), and automation via KUKA. What’s inside • The 4 building blocks: Smart Home, Energy & Industrial Tech, Building Tech, and Robotics & Automation (KUKA) • Why the moat starts upstream (compressors/motors) and compounds downstream (systems + software + service) • Policy & competition: Section 301 duties, reciprocal layers, and rivals across appliances/HVAC/automation • 2030 runway by segment (HVAC, heat pumps, storage/inverters, robotics) • Financials: EPS climb, assets & structure (near net-cash), working capital & FCF dynamics, ROE, and a rising dividend • Valuation snapshot: fair-value trendline ≈ ¥93.7; at ~¥73.5 and ~13.5× P/E on a refreshed 2024 run-rate, it screens modestly cheap (not distressed) Chapters 00:00 Intro 00:56 What Midea does (scope, channels, and where revenue lands) 05:05 Platform & capabilities (where margins are earned) 06:54 Competition & growth outlook 10:17 FINANCIAL ANALYSIS 16:30 CONCLUSION Key takeaways • Scale upstream (compressors/motors) = cost advantage + bargaining power • Systems + software/service extend margins beyond the initial unit • HVAC/consumer are the core; robotics adds a long-cycle leg • Dividends rising with a light capex base and near-zero net debt • Not risk-free: appliances are slow growth; HVAC is cyclical/policy-sensitive; U.S. duties remain a headwind If you enjoyed this breakdown, a like and subscribe really help the channel. Do you use Midea products? Tell me your experience in the comments. And for another consumer story, check my Natural Food International video (black-sesame brand, steady compounding). Disclaimers This video is for education, not investment advice. Do your own research. Keywords / tags Midea, 000333, HVAC, compressors, KUKA, robotics, iBUILDING, M·IoT, heat pumps, China stocks, dividend stocks, industrials, valuation, ROE, free cash flow, Section 301, ODM/OEM, appliances, automation, factory robots, deep dive, equity analysis, investing