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Employees: 6,879
Size Midea Real Estate (3990.HK) is a Hong Kong Real Estate company (Real Estate Development) with a market value of $413M, the 809th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$2.25 on 6 Nov 2026.
Performance Over six months the shares fell 33.3%, against -7.9% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue fell 93.4% over the last twelve months (peer median +0.2%); the operating margin is 21.4% (peer median 29.2%).
Valuation It trades at 5.5× forward earnings against a peer median of 19.8× (cheapest of 10).
Next results Next results expected around 19 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$4.51B | HK$4.51B | HK$4.05B | HK$3.11B | HK$86.1B |
| Revenue growth | — | +11% | +30% | -96% | — |
| Gross profit | HK$1.55B | HK$1.47B | HK$1.45B | HK$1.08B | HK$13.5B |
| EBITDA | HK$1.05B | HK$986M | HK$1.02B | HK$637M | HK$8.16B |
| Net income | HK$568M | HK$607M | -HK$2.23B | HK$1.01B | HK$2.01B |
| Free cash flow | HK$863M | HK$1.03B | -HK$5.07B | HK$2.06B | -HK$589M |
| Capital expenditure | HK$35.0M | HK$31.0M | HK$117M | HK$221M | HK$241M |
| Total debt | n/a | HK$874M | HK$887M | HK$42.0B | HK$54.6B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 3990.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.7% | -0.8% | 8th lowest of 21 |
| 6-month return | -33.3% | -7.9% | 2nd lowest of 21 |
| Distance from 52-week high | -53.6% | -21.4% | 3rd lowest of 21 |
| Revenue growth (TTM) | -93.4% | +0.2% | lowest of 20 |
| Operating margin | 21.4% | 29.2% | 10th lowest of 21 |
| Forward P/E | 5.5× | 19.8× | cheapest of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Midea Real Estate 3990.HK | Hong Kong | $413M | -33% | -93% | 21% | 5.5× | n/a | n/a |
| Sinyi Realty 9940.TW | Taiwan | $412M | -6% | -3% | 8% | n/a | n/a | n/a |
| Property Franchise TPFG.L | United Kingdom | $412M | +3% | +8% | 28% | 11.5× | n/a | n/a |
| Radiance Holdings (Group) 9993.HK | Hong Kong | $410M | -22% | -25% | -24% | n/a | n/a | n/a |
| Indiqube Spaces INDIQUBE.NS | India | $418M | +7% | +37% | -5% | n/a | n/a | n/a |
| Shui On Land 0272.HK | Hong Kong | $419M | -25% | -47% | 35% | n/a | n/a | n/a |
| John Mattson Fastighetsforetagen JOMA.ST | Sweden | $406M | -10% | +5% | 65% | 19.8× | n/a | n/a |
| Melcor Developments MRD.TO | Canada | $405M | +2% | -10% | 35% | n/a | n/a | n/a |
| Fidere Patrimonio Socimi SAU YFID.MC | Spain | $423M | -8% | 0% | 38% | n/a | n/a | n/a |
| SF Urban Properties SFPN.SW | Switzerland | $425M | +4% | -1% | 47% | 26.9× | n/a | n/a |
| JINUSHI 3252.T | Japan | $400M | -13% | +37% | 13% | 7.3× | n/a | n/a |
| Clerhp Estructuras CLR.MC | Spain | $399M | +154% | -19% | 40% | 117.7× | n/a | n/a |
| Fiducial Real Estate ORIA.PA | France | $428M | -4% | -5% | 41% | n/a | n/a | n/a |
| Agi Infra AGIIL.NS | India | $398M | -19% | +4% | 31% | 57.9× | n/a | n/a |
| Tianjin Jintou State-owned Urban Development 600322.SS | China | $398M | -12% | -79% | -127% | n/a | n/a | n/a |
| Raymond Realty RAYMONDREL.NS | India | $398M | -13% | n/a | 16% | 8.6× | n/a | n/a |
| Samhallsbyggnadsbolaget I Norden SBB-B.ST | Sweden | $429M | -31% | -30% | 45% | n/a | n/a | n/a |
| Beijing Zodi Investment 000609.SZ | China | $429M | -34% | +123% | -62% | n/a | n/a | n/a |
| HEBA Fastighets HEBA-B.ST | Sweden | $397M | -7% | +5% | 66% | 16.4× | n/a | n/a |
| Kolte-Patil Developers KOLTEPATIL.NS | India | $430M | +19% | +8% | 9% | 21.1× | n/a | n/a |
| Transcontinental Realty Investors TCI | United States | $430M | +40% | +5% | -18% | n/a | n/a | n/a |