Global smart home appliances market generated revenue of US$ 70.63 billion in 2023 and is projected to reach valuation of US$ 190.12 billion by 2032 at a CAGR of 11.63% during the forecasted period, ...
Our fair value estimate for Gree is CNY 51 per share, derived from a discounted cash flow model with a weighted average cost of capital of 9.4%. This implies an adjusted price/earnings ratio of 10.8 ...
China’s transition to a consumption driven economy will help maintain demand for household appliances and Midea should better capture the growth given its wide range of innovative products. Midea has ...
Midea Group has appointed Siddharth Saxena as the Country Head for India. Saxena, with 25 years of experience in the home appliances industry across various regions, aims to strengthen Midea's market ...