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Gree Electric Appliances Inc of Zhuhai

Gree Electric Appliances Inc of Zhuhai

000651 · SHE · Consumer Cyclical / Furnishings, Fixtures & Appliances

39.96CNY+1.07 (+2.75%)

Price History

Full chart

Market Stats

Previous Close38.89
Open38.88
Day Range38.78 – 39.99
52-Week Range34.53 – 40.44
Volume78.65M
Market Cap215.60B
P/E (TTM)8.69
Forward P/E10.49
EPS4.43
Dividend Yield7.79%
Beta0.28
50-Day Avg38.65
200-Day Avg38.74

About

Gree Electric Appliances, Inc. of Zhuhai, together with its subsidiaries, engages in the production and sale of consumer electrical appliances and accessories in China and internationally. It operates through four segments: Consumer Electronics; Industrial Products and Green Energy; Smart Equipment; and Other Businesses. The company offers residential air conditioners; home appliances, including air purifiers, humidifiers, air coolers, electric heaters, fans, kitchen appliances, personal care equipment, refrigerators, and washing machines; and optical storage air conditioning system. It also provides industrial products, such as screw, scroll, and centrifugal chillers, as well as multi-VRF, light commercial equipment, terminals, and packaged units. In addition, the company is involved in finance; information technology research and development; transportation; wholesale and retail trade; medical devices; agriculture; real estate; electrical machinery and equipment manufacturing; and technology promotion and application services. It exports its products. The company was formerly known as Haili Air-conditioning Engineering Co., Ltd. of Zhuhai and changed its name to Gree Electric Appliances, Inc. of Zhuhai in January 1994. Gree Electric Appliances, Inc. of Zhuhai was founded in 1989 and is headquartered in Zhuhai, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryFurnishings, Fixtures & Appliances
  • CEOMr. Wei Zhang
  • Employees71.97K
  • HeadquartersNo. 108, Huitong Third Road, Zhuhai, China, 519031, China
  • Websitehttps://www.gree.com.cn

Leadership

  • Mr. Wei ZhangPresident & Director · b. 1977
  • Mr. Jianxiong LiaoCFO & Assistant to the President · b. 1974
  • Mr. Lizhi ShuVP & Director · b. 1970
  • Mr. Xiangjian FangExecutive Vice President · b. 1978
  • Mr. Zhouhu ZhangBoard Secretary · b. 1984
  • Mr. Hua LiuVice President · b. 1977
  • Mr. Kai WangVice President · b. 1980
  • Mr. Shao Bin LiVice President · b. 1977
  • Mr. Yu Sheng HuVice President · b. 1978
  • Ms. Yanzi LiuHead of Accounting Department

Financials

Income Statement

Currency: CNY1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.56B2.84B3.45B3.62B4.33B6.18B6.59B7.03B10.04B13.83B18.25B26.36B38.05B42.21B42.65B60.81B83.52B99.32B118.63B137.75B97.75B108.30B148.29B198.12B198.16B168.20B187.87B188.99B203.98B189.16B171.12B
Growth (%)-+10.81%+21.49%+4.81%+19.60%+42.77%+6.64%+6.70%+42.86%+37.74%+31.92%+44.44%+44.36%+10.94%+1.05%+42.56%+37.35%+18.92%+19.44%+16.12%-29.04%+10.80%+36.92%+33.61%+0.02%-15.12%+11.69%+0.60%+7.93%-7.26%-9.54%
Cost of Revenue1.84B2.03B2.52B2.60B3.39B4.48B5.15B5.57B8.28B11.55B14.87B19.48B31.12B33.75B31.97B47.47B68.15B73.27B80.51B88.08B66.09B72.89B99.71B138.41B143.70B124.33B142.69B140.38B146.03B133.64B119.64B
Gross Profit721.28M808.68M932.51M1.02B936.98M1.70B1.44B1.46B1.76B2.28B3.37B4.32B6.92B8.47B10.68B13.33B15.37B26.05B38.11B49.67B31.65B35.42B48.58B59.72B54.45B43.87B45.17B48.61B57.95B55.53B51.48B
Gross Margin28.13%28.46%27.02%28.09%21.65%27.49%21.90%20.79%17.57%16.51%18.49%16.38%18.20%20.06%25.04%21.93%18.40%26.23%32.13%36.06%32.38%32.70%32.76%30.14%27.48%26.08%24.05%25.72%28.41%29.35%30.08%
Operating Expense535.95M589.21M698.15M758.31M668.79M1.39B1.12B1.10B1.37B1.78B2.74B3.49B5.55B6.13B7.71B11.19B10.82B19.27B25.85B33.59B18.14B17.91B22.46B28.72B24.85B17.83B18.50B21.33B25.09B18.54B20.63B
Operating Income185.33M219.47M234.36M258.01M268.20M304.61M325.83M364.41M394.28M502.47M630.88M827.22M1.37B2.34B2.97B2.14B4.54B6.78B12.26B16.09B13.52B17.50B26.13B31.00B29.61B26.04B26.68B27.28B32.86B36.99B30.85B
Operating Margin7.23%7.72%6.79%7.13%6.20%4.93%4.95%5.18%3.93%3.63%3.46%3.14%3.61%5.54%6.97%3.52%5.44%6.82%10.34%11.68%13.83%16.16%17.62%15.65%14.94%15.48%14.20%14.44%16.11%19.55%18.03%
EBITDA226.65M208.91M240.49M281.16M344.24M320.66M355.83M367.97M307.81M631.80M848.99M1.08B1.72B2.75B3.32B5.67B7.14B7.73B10.69B15.59B11.64B13.83B26.24B30.74B27.97B23.77B25.63B28.60B32.30B36.68B41.67B
EBITDA Margin8.84%7.35%6.97%7.77%7.96%5.19%5.40%5.23%3.07%4.57%4.65%4.10%4.52%6.51%7.78%9.33%8.55%7.78%9.01%11.31%11.90%12.77%17.70%15.52%14.12%14.13%13.64%15.13%15.84%19.39%24.35%
Net Income155.17M186.34M202.30M215.08M229.16M249.62M261.29M296.81M342.82M420.78M483.21M691.74M1.27B1.97B2.91B4.28B5.24B7.38B10.87B14.16B12.53B15.46B22.40B26.20B24.70B22.18B23.06B24.51B29.02B32.18B29.00B
Net Income Margin6.05%6.56%5.86%5.94%5.30%4.04%3.97%4.22%3.41%3.04%2.65%2.62%3.34%4.66%6.83%7.03%6.27%7.43%9.16%10.28%12.82%14.28%15.11%13.23%12.46%13.18%12.28%12.97%14.23%17.01%16.95%
R&D--------------------3.62B3.62B3.62B6.99B5.89B6.05B6.30B6.28B6.76B6.90B6.46B
R&D as % of Total Revenue--------------------3.70%3.34%2.44%3.53%2.97%3.60%3.35%3.32%3.32%3.65%3.78%
Interest Expense47.70M6.28M34.17M--1.45M930.26K1.05M1.66M5.17M31.97M14.20M12.33M7.08M15.76M158.16M172.98M229.43M257.78M254.94M499.88M340.97M1.03B1.20B1.63B1.17B1.88B2.93B3.04B2.45B1.97B
Interest Expense % of Total Revenue1.86%0.22%0.99%--0.02%0.01%0.01%0.02%0.04%0.18%0.05%0.03%0.02%0.04%0.26%0.21%0.23%0.22%0.19%0.51%0.31%0.70%0.61%0.82%0.69%1.00%1.55%1.49%1.29%1.15%

Balance Sheet

Currency: CNY1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets616.59M848.20M1.10B1.84B1.99B2.93B3.42B5.78B6.94B7.14B8.29B12.76B12.67B16.63B25.55B30.56B51.53B65.60B85.21B107.57B133.72B156.23B161.70B182.37B214.99B251.12B282.97B279.25B319.60B355.07B368.05B368.03B391.37B
Total Liabilities428.87M633.68M804.54M1.29B1.34B1.93B2.34B4.14B5.20B5.11B6.10B10.24B9.88B13.09B19.69B22.97B40.88B51.59B66.83B79.99B98.35B111.10B113.13B127.42B148.13B158.52B170.92B162.37B211.67B253.19B247.41B226.52B241.58B
Total Equity187.72M214.52M294.69M556.03M606.24M958.14M1.06B1.61B1.71B2.01B2.17B2.44B2.70B3.31B5.63B7.34B9.97B13.30B17.61B26.74B34.49B44.15B47.52B53.97B65.61B91.21B110.15B115.19B103.65B96.76B116.79B137.42B145.93B
Cash23.09M77.62M155.25M133.74M159.07M457.79M610.12M1.61B1.30B1.76B1.30B607.39M614.14M1.37B4.13B3.67B22.90B15.17B16.04B28.94B38.54B54.55B88.82B95.75B99.61B115.02B125.40B136.41B116.94B157.48B124.10B113.90B110.55B
Total Debt200.61M237.63M160.86M309.17M276.04M--2.50M2.00M2.00M-339.15M376.01M51.00M-8.40M1.61B4.77B5.52B4.86B5.22B6.44B6.29B10.71B18.65B22.20B19.07B22.95B37.63B83.83B66.25B57.95B-
Net Debt177.53M160.01M5.61M175.42M116.97M-457.79M-610.12M-1.61B-1.30B-1.76B-1.30B-268.24M-238.13M-1.32B-4.13B-3.66B-21.29B-10.39B-10.52B-24.09B-33.33B-48.10B-82.53B-85.04B-80.96B-92.82B-106.33B-113.46B-79.31B-73.66B-57.86B-55.95B-

Cash Flow

Currency: CNY1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow570.39M349.63M865.29M-31.63M735.90M139.09M135.70M773.73M1.75B2.79B368.54M9.45B616.00M3.36B18.41B12.97B18.94B44.38B14.86B16.36B26.94B27.89B19.24B1.89B28.67B56.40B29.37B46.38B
Investing Cash Flow-131.40M-142.84M-281.20M-157.30M-108.33M-433.48M-554.65M-676.27M-554.24M-1.14B-942.34M-3.09B-1.89B-2.77B-4.21B-2.19B-2.86B-4.71B-19.25B-62.25B-21.85B-11.28B97.73M29.75B-37.06B-41.71B-15.56B-
Financing Cash Flow-136.27M-49.16M416.78M-119.91M-162.17M-172.90M-271.19M-127.64M-535.37M1.07B-296.27M-80.61M-1.42B-794.60M815.22M-2.42B-1.86B-7.68B-5.75B-2.27B2.51B-19.22B-21.11B-25.33B9.92B-16.36B-23.70B-
Capital Expenditure131.94M066.34M98.26M210.46M433.82M477.73M665.54M505.85M963.91M1.02B716.18M2.48B4.78B3.60B2.46B1.78B2.88B3.28B2.42B3.84B4.71B4.53B5.73B6.04B5.43B3.30B1.72B
Free Cash Flow438.45M349.63M798.94M-129.88M525.44M-294.73M-342.02M108.20M1.25B1.83B-653.22M8.73B-1.87B-1.42B14.81B10.51B17.16B41.49B11.58B13.93B23.10B23.18B14.71B-3.83B22.63B50.97B26.07B44.67B
Dividends Paid99.73M49.07M63.78M118.44M161.08M171.82M185.44M186.75M208.56M15.85M303.46M389.15M964.26M976.91M1.67B3.17B4.68B9.53B9.18B11.12B862.91M12.63B13.14B16.75B22.22B5.61B15.10B18.13B
FCF to OCF76.87%100.00%92.33%410.67%71.40%-211.90%-252.04%13.98%71.14%65.49%-177.24%92.42%-302.96%-42.36%80.43%81.02%90.62%93.50%77.95%85.18%85.76%83.10%76.46%-202.32%78.95%90.38%88.76%96.30%
Dividend Paid to FCF22.75%14.04%7.98%-91.19%30.66%-58.30%-54.22%172.60%16.72%0.87%-46.46%4.46%-51.67%-68.72%11.30%30.21%27.25%22.96%79.25%79.82%3.74%54.50%89.33%-437.09%98.20%11.01%57.91%40.58%

Earnings

Report DateMay 30, 2007Aug 29, 2007Nov 28, 2007Feb 27, 2008May 28, 2008Sep 3, 2008Oct 30, 2008Feb 25, 2009Apr 20, 2009Aug 26, 2009Dec 2, 2009Mar 3, 2010Jun 2, 2010Sep 1, 2010Dec 1, 2010Mar 2, 2011Apr 21, 2011Jul 27, 2011Oct 27, 2011Feb 29, 2012May 30, 2012Aug 23, 2012Nov 28, 2012Feb 27, 2013Apr 26, 2013Aug 20, 2013Nov 27, 2013Feb 26, 2014Apr 24, 2014Aug 25, 2014Oct 30, 2014Jan 19, 2015Apr 27, 2015Aug 28, 2015Oct 31, 2015Apr 29, 2016Aug 18, 2016Oct 30, 2016Dec 31, 2016Apr 26, 2017Aug 30, 2017Oct 30, 2017Dec 31, 2017Apr 26, 2018Aug 30, 2018Oct 30, 2018Dec 31, 2018Apr 28, 2019Aug 30, 2019Oct 30, 2019Apr 29, 2020Aug 30, 2020Oct 30, 2020Apr 14, 2021Aug 22, 2021Oct 26, 2021Apr 29, 2022Aug 30, 2022Oct 30, 2022Dec 31, 2022Apr 28, 2023Aug 30, 2023Oct 30, 2023Dec 31, 2023Apr 29, 2024Aug 30, 2024Oct 30, 2024Dec 31, 2024Apr 27, 2025Aug 28, 2025Oct 30, 2025Dec 31, 2025Apr 28, 2026Aug 26, 2026Oct 26, 2026
EPS Estimate------0.08-0.070.14------0.190.190.16--0.27--0.320.37--0.430.420.720.710.470.600.830.490.470.710.470.610.990.860.980.651.211.23-1.151.221.490.650.871.730.821.031.221.021.261.181.131.201.581.291.380.821.681.441.360.881.791.391.671.671.511.27
EPS Actual0.030.060.050.090.080.100.080.120.110.110.130.160.110.170.230.250.170.230.280.260.200.270.410.340.310.320.590.550.350.420.690.720.670.431.650.520.650.800.690.690.901.091.150.701.201.380.850.701.341.350.260.801.101.431.031.091.331.261.211.231.031.531.351.550.801.711.251.851.071.491.161.291.291.260.65
Surprise------0.00%-57.14%-21.43%-------10.53%21.05%75.00%--0.00%---3.13%-13.51%---18.60%0.00%-4.17%1.41%42.55%-28.33%98.80%6.12%38.30%12.68%46.81%13.11%-9.09%26.74%17.35%7.69%-0.83%12.20%--39.13%9.84%-9.40%-60.00%-8.05%-36.42%74.39%0.00%-10.66%30.39%0.00%2.54%8.85%-14.17%-3.16%4.65%12.32%-2.44%1.79%-13.19%36.41%21.59%-16.76%-16.55%-22.75%-22.75%-16.56%-48.82%
Timing------After-hours-After-hoursPre-market------After-hoursPre-marketAfter-hours--After-hours--After-hoursAfter-hours--After-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-market-After-hoursPre-marketAfter-hours-After-hoursPre-marketAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap215.60B
Enterprise Value144.62B
Trailing P/E8.69
Forward P/E10.49
PEG Ratio7.41
Price / Sales1.35
Price / Book1.43
EPS4.43
Book Value26.81
Revenue (TTM)159.34B
Gross Profit (TTM)45.82B
EBITDA30.99B
Profit Margin15.57%
Operating Margin11.49%
Return on Equity16.30%
Return on Assets4.16%
Shares Outstanding5.60B
Shares Float3.93B
Beta0.28
Dividend Yield7.79%
Dividend Rate3.00
Payout Ratio66.82%

Dividends

20262×
2.00Aug 27, 20261.00Jan 23, 2026
20252×
2.00Aug 29, 20251.00May 15, 2025
20241×
2.38Aug 28, 2024
20232×
1.00Aug 9, 20231.00Feb 27, 2023
20222×
2.00Aug 5, 20221.00Apr 8, 2022
20211×
3.00Aug 23, 2021
20202×
1.00Nov 12, 20201.20Jun 11, 2020
20192×
1.50Aug 6, 20190.60Feb 25, 2019
20171×
1.80Jul 5, 2017
20161×
1.50Jul 7, 2016
20151×
1.50Jul 3, 2015
20141×
0.75Jun 6, 2014
20131×
0.50Jul 11, 2013
20121×
0.25Jul 6, 2012
20111×
0.15May 31, 2011
20101×
0.17Jul 13, 2010
20091×
0.07Jun 3, 2009
20081×
0.04Jul 14, 2008

Stock Splits

  • Jul 3, 201520:10
  • Jul 13, 201015:10
  • Jun 3, 200915:10
  • Jul 14, 200815:10
  • Jul 11, 200615:10
  • Mar 8, 200612.7:10
  • Jun 5, 200115:10
  • Sep 11, 19982:1
  • Dec 27, 19962:1