Midea Real Estate Holding Limited (3990.HK) stock price, financials & research

Regular session · HKT · Market data may be delayed.

Company profile

Midea Real Estate Holding Limited functions as an investment holding entity primarily engaged in property development across the People's Republic of China. Its business activities are structured into four key divisions: property development and sales, property management services, commercial property investment and operations, and real estate technology solutions. The firm constructs and markets both residential and industrial real estate, alongside offering comprehensive property management services. Furthermore, it strategically acquires and manages a diverse portfolio of commercial assets, including large-scale urban developments, community hubs, extended-stay residential units, hotels, and cultural-tourism ventures. The company also delivers innovative smart home and smart community solutions, in addition to providing expert process design consultation and integrated design services. Its operations also extend to the domain of prefabricated construction. Established in 2004, Midea Real Estate Holding Limited maintains its principal office in Foshan, PRC, and operates as a subsidiary under Midea Development Holding (BVI) Limited.

Industry: Real Estate - Development
Sector: Real Estate
Headquarters: CN
CEO: Hengle Hao
Listed since: Oct 11, 2018
Employees: 6,626

Market position

Volume: 508.2K; 0.75× average
Average volume: 682K; Average daily volume
Market cap: 3.52B HKD
Beta: 1.29; Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM): 6.01×
P/B (TTM): 0.61×
P/S (TTM): 0.75×
Dividend yield: 11.00%

Profitability & efficiency

Gross margin: 33.33%
Operating margin: 20.61%
Net margin: 12.59%

Financial health

Debt / equity: 0.07×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin

Income trends

Revenue

4.15B HKD+11.36%

Operating income

829.85M HKD+1.11%

Net income

559.3M HKD+2.62B HKD

Metric (HKD)	FY2025	FY2024	FY2023	FY2022	FY2021
Revenue	4.15B HKD	3.73B HKD	73.56B HKD	73.63B HKD	73.7B HKD
Cost of goods sold	2.78B HKD	2.39B HKD	65.08B HKD	62.32B HKD	60.21B HKD
Gross profit	1.37B HKD	1.33B HKD	8.48B HKD	11.31B HKD	13.5B HKD
Selling, general, and administrative	464.06M HKD	485.25M HKD	573.67M HKD	4.52B HKD	6.05B HKD
Operating expenses	535.51M HKD	510.91M HKD	475.76M HKD	4.44B HKD	5.47B HKD
Interest income	24.22M HKD	34.43M HKD	315.37M HKD	440.13M HKD	604.62M HKD
Interest expense	8.26M HKD	126.46M HKD	—	—	—
Depreciation and amortization	42.34M HKD	97.44M HKD	132.52M HKD	153.39M HKD	180.19M HKD
Operating income	829.85M HKD	820.78M HKD	4.31B HKD	6.83B HKD	8.02B HKD
Net income	559.3M HKD	−2.06B HKD	913.58M HKD	1.73B HKD	3.74B HKD