GreenTree Hospitality Group Ltd. GHG
Last close
—
Market cap
—
52-week range
— - —
No price or market cap here: this company files no 10-K, so the only share count SEC publishes for it counts its ordinary shares in its home market, while its US listing is a depositary receipt standing for some number of them. That number is in no filing, so a price multiplied by that count is not this company's value and is not shown. The financial statements below are as filed.
Valuation FY2025 figures against the last close
P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS—
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $156.9M | $184.1M | $229.2M | $135.8M | $189.3M | $142.5M | $156.8M | $137.4M | — |
| Cost of revenue | $102.2M | $112.7M | $133.4M | $86.1M | $102.2M | $60.2M | $48.7M | $40.9M | — |
| Gross profit | $54.8M | $71.4M | $95.8M | $49.7M | $87.1M | $82.4M | $108.2M | $96.6M | — |
| SG&A | $18.7M | $25.0M | $29.4M | $30.6M | $55.9M | $26.4M | $26.6M | $13.9M | — |
| Operating income | $8.1M | $22.2M | $47.3M | -$64.2M | $24.2M | $48.9M | $72.5M | $77.8M | — |
| Interest expense | $1.1M | $864.5K | $2.0M | $3.7M | $2.0M | $529.7K | $360.0K | $78.8K | — |
| Pre-tax income | $29.3M | $27.0M | $53.6M | -$66.6M | $34.9M | $54.3M | $89.9M | $81.8M | — |
| Income tax | $6.6M | $12.2M | $16.7M | $6.6M | $17.1M | $16.9M | $27.2M | $23.3M | — |
| Net income | $23.9M | $15.1M | $37.9M | -$55.4M | $18.4M | $40.1M | $63.6M | $57.3M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $236.3M | $218.1M | $108.4M | $103.4M | $46.5M | $99.4M | $52.4M | $182.0M | $23.6M |
| Short-term investments | — | $1.4K | $58.8M | $27.0M | — | — | — | $99.7M | — |
| Receivables | $11.6M | $13.7M | $17.4M | $16.7M | $15.0M | $15.6M | $14.3M | $9.4M | — |
| Inventory | $703.9K | $942.8K | $2.9M | $324.2K | $360.5K | $583.1K | $364.5K | $370.6K | — |
| Total current assets | $271.1M | $251.4M | $229.1M | $246.8M | $287.4M | $242.8M | $181.7M | $356.4M | — |
| Property, plant and equipment | $80.1M | $89.0M | $114.8M | $121.0M | $164.0M | $102.5M | $88.3M | $32.3M | — |
| Goodwill | $3.7M | $13.2M | $24.9M | $4.3M | $17.5M | $15.7M | $15.3M | $831.3K | $430.4K |
| Other intangibles | $8.1M | $10.4M | $16.6M | $5.5M | $81.6M | $75.3M | $71.3M | $4.0M | — |
| Total assets | $684.4M | $677.8M | $713.6M | $738.9M | $732.4M | $627.6M | $548.2M | $438.4M | — |
| Accounts payable | $6.4M | $7.7M | $10.3M | $3.0M | $3.8M | $3.0M | $2.2M | $1.3M | — |
| Short-term debt | $8.1M | $54.8K | $16.5M | $14.5M | $7.9M | $150.0M | $8.6M | $8.7M | — |
| Total current liabilities | $168.8M | $159.7M | $189.0M | $179.0M | $196.1M | $133.3M | $114.2M | $98.2M | — |
| Long-term debt | $36.6M | $35.2M | $8.0M | $43.8M | $47.4M | — | — | — | — |
| Total liabilities | $454.5M | $473.3M | $505.2M | $523.0M | $411.8M | $282.8M | $258.4M | $167.4M | — |
| Retained earnings | -$41.7M | -$62.8M | -$80.0M | -$8.1M | $51.2M | $87.4M | $44.3M | $66.4M | — |
| Total equity | $225.4M | $199.8M | $203.1M | $209.4M | $291.5M | $322.3M | $267.3M | $269.8M | — |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $40.2M | $51.2M | $64.1M | $42.4M | $56.6M | $45.3M | $73.8M | $80.7M | — |
| Depreciation and amortisation | $11.4M | $14.0M | $16.5M | $15.9M | $15.4M | $10.1M | $5.8M | $3.7M | — |
| Stock-based compensation | — | — | $8.8K | -$9.0K | $386.8K | $35.6K | $3.8M | $2.3M | — |
| Capital expenditure | $37.3M | $10.9M | $12.4M | $10.0M | $53.6M | $17.2M | $30.6M | $20.1M | — |
| Investing cash flow | -$9.0M | $47.3M | -$13.2M | $57.8M | -$145.7M | -$17.1M | -$175.2M | -$26.4M | — |
| Financing cash flow | -$6.2M | $1.4M | -$42.8M | -$49.6M | $40.1M | $17.7M | -$30.5M | $96.4M | — |
| Dividends paid | $6.2M | $9.7M | — | $5.9M | $50.3M | — | $32.6M | $29.2M | — |
| Buybacks | $762 | $50.0K | $2.8M | — | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-050417.
Plot the figures US dollars
Income statement
Revenue
Cost of revenue
Gross profit
R&D
SG&A
Total operating expenses
Operating income
Interest expense
Pre-tax income
Income tax
Net income
EPS, basic
EPS, diluted
Shares, diluted (wtd. avg.)
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $137.4M | $156.8M | $142.5M | $189.3M | $135.8M | $229.2M | $184.1M | $156.9M |
| Gross profit | — | $96.6M | $108.2M | $82.4M | $87.1M | $49.7M | $95.8M | $71.4M | $54.8M |
| Net income | — | $57.3M | $63.6M | $40.1M | $18.4M | -$55.4M | $37.9M | $15.1M | $23.9M |
Others in SIC 7011
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| MAR | MARRIOTT INTERNATIONAL INC /MD/ | $101.88B | 41.1x | 4.3% |
| HLT | Hilton Worldwide Holdings Inc. | $78.69B | 57.1x | 7.7% |
| LVS | LAS VEGAS SANDS CORP | $23.11B | 15.2x | 15.2% |
| H | Hyatt Hotels Corp | $16.27B | — | 6.8% |
| WYNN | WYNN RESORTS LTD | $7.49B | 23.2x | 0.1% |
| MGM | MGM Resorts International | $7.06B | 36.9x | 1.7% |
| CZR | Caesars Entertainment, Inc. | $5.87B | — | 2.1% |
| WH | WYNDHAM HOTELS & RESORTS, INC. | $5.37B | 29.0x | 1.8% |