← GreenTree Hospitality Group Ltd.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $647.8m |
$778.1m
+20.12%
|
$137.4m
-82.34%
|
$156.8m
+14.10%
|
$142.5m
-9.12%
|
$189.3m
+32.79%
|
$135.8m
-28.24%
|
$1.6b
+1098.07%
|
$1.3b
-17.44%
|
$1.1b
-18.32%
|
$1.1b
-3.38%
|
|
| Cost of Revenue | $413.5m |
$233.6m
-43.49%
|
$40.9m
-82.51%
|
$48.7m
+19.10%
|
$60.2m
+23.60%
|
$102.2m
+69.92%
|
$86.1m
-15.74%
|
$133.4m
+54.94%
|
$112.7m
-15.55%
|
$102.2m
-9.35%
|
$714.4m
+599.31%
|
|
| Reconciled Cost Of Revenue | — | — | — | — | — | — | $1.1b |
$947.4m
-11.16%
|
$822.6m
-13.18%
|
$714.4m
-13.15%
|
$714.4m
0.00%
|
|
| Net Interest Income | — | — | — | — | — | — | $20.1m |
$27.3m
+35.79%
|
$33.8m
+23.59%
|
$30.2m
-10.66%
|
$28.4m
-5.87%
|
|
| Gross Profit | $234.3m |
$544.5m
+132.36%
|
$96.6m
-82.26%
|
$108.2m
+11.98%
|
$82.4m
-23.84%
|
$87.1m
+5.68%
|
$402.6m
+362.42%
|
$679.8m
+68.87%
|
$520.9m
-23.38%
|
$383.0m
-26.47%
|
$383.0m
0.00%
|
|
| Gross Profit (Calculated) | $234.3m |
$544.5m
+132.36%
|
$96.6m
-82.26%
|
$108.2m
+11.98%
|
$82.4m
-23.84%
|
$87.1m
+5.68%
|
$49.7m
-42.91%
|
$95.8m
+92.66%
|
$71.4m
-25.48%
|
$54.8m
-23.26%
|
— | |
| Marketing and Advertising Expense | — | $11.4m | $2.3m | $3.4m | $6.0m | $3.6m | $1.8m | $3.4m | $3.1m | $3.6m | — | |
| Selling and Marketing Expense | — | $45.0m | $7.3m | $12.2m | $11.5m | $10.5m | $5.6m | $10.1m | $9.3m | $7.8m | $241.9m | |
| Selling and marketing expenses (including services from related parties of RMB1,276,474, RMB802,606 and RMB2,778,142 (USD397,269) for the years ended December 31, 2023, 2024 and 2025, respectively) | ($26.6m) | ($45.0m) | ($50.4m) | ($85.0m) | ($75.3m) | ($66.9m) | ($68.5m) | ($71.6m) | ($67.6m) | ($54.8m) | $241.9m | |
| General and administrative expenses | ($77.9m) | ($121.7m) | ($95.3m) | ($185.0m) | ($172.6m) | ($356.0m) | ($210.8m) | ($208.4m) | ($182.6m) | ($130.5m) | $192.7m | |
| Labor and Related Expense | — | — | — | — | — | — | — | — | $6.7m | $5.3m | — | |
| General And Administrative Expense | — | — | — | — | — | — | $726.0m | $272.0m | $224.3m | $213.3m | $192.7m | |
| Amortization of Intangible Assets | — | $880k | $237k | $435k | $943k | $1.3m | $764k | $942k | $653k | $278k | — | |
| Operating Lease, Expense | — | $60.3m | $11.1m | $11.4m | $18.1m | $37.0m | $32.6m | — | — | — | — | |
| Operating Costs and Expenses | — | $406.0m | $62.9m | $87.9m | $98.4m | $169.4m | $202.9m | $185.7m | $170.1m | $159.9m | — | |
| Operating costs (including purchases from related parties of RMB1,574,642, RMB1,185,014 and RMB45,531 (USD6,511) for the years ended December 31, 2023, 2024 and 2025, respectively) | ($240.1m) | ($233.6m) | ($281.0m) | ($338.8m) | ($392.5m) | ($651.4m) | ($1.1b) | ($947.4m) | ($822.6m) | ($714.4m) | — | |
| Other operating expenses | ($3.1m) | ($5.6m) | ($5.9m) | ($3.3m) | ($1.7m) | ($4.9m) | ($8.4m) | ($11.7m) | ($7.1m) | ($51.7m) | — | |
| Total operating costs and expenses | ($347.7m) | ($406.0m) | ($432.6m) | ($612.1m) | ($642.2m) | ($1.1b) | ($2.0b) | ($1.3b) | ($1.2b) | ($1.1b) | — | |
| Other Operating Income | $312.3m | $15.3m | $3.3m | $3.6m | $4.8m | $4.2m | $2.8m | $3.8m | $60.1m | $56.7m | — | |
| Other Non Operating Income Expenses | $1.3m | $1.2m | $35.7m | $2.7m | $2.3m | $11.8m | $24.4m | $22.8m | $16.5m | $113.3m | — | |
| Operating Income (Loss) | $312.3m |
$387.5m
+24.08%
|
$77.8m
-79.92%
|
$72.5m
-6.86%
|
$48.9m
-32.49%
|
$24.2m
-50.63%
|
($64.2m)
-366.00%
|
$47.3m
+173.58%
|
$22.2m
-53.08%
|
$8.1m
-63.48%
|
$157.8m
+1848.16%
|
|
| Other Operating Income (Expense), Net | $312.3m | $1.2m | $5.2m | $387k | $352k | $1.9m | $3.5m | $3.2m | $60.1m | $56.7m | — | |
| Interest expenses | — | ($1.4m) | ($542k) | ($2.5m) | ($3.5m) | ($12.7m) | ($25.4m) | ($14.1m) | ($6.3m) | ($7.6m) | $7.6m | |
| Interest Income, Other | — | $26.2m | $7.2m | $9.5m | $11.2m | $9.4m | $6.9m | — | — | — | $36.0m | |
| Interest income (including interest income from related parties of RMB465,500, RMB395,694 and RMB302,195 (USD43,213) for the years ended December 31, 2023, 2024 and 2025, respectively) | — | — | — | — | — | — | $48.1m | $41.4m | $40.1m | $37.8m | $36.0m | |
| Interest Income Non Operating | — | — | — | — | — | — | $48.1m | $41.4m | $40.1m | $37.8m | $36.0m | |
| Net Non Operating Interest Income Expense | — | — | — | — | — | — | $20.1m | $27.3m | $33.8m | $30.2m | $28.4m | |
| Debt Securities, Trading, Gain (Loss) | — | — | — | — | — | $1.4m | ($9.0m) | ($986k) | — | — | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | $727k | $246k | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | ($2.8m) | ($63k) | $202k | ($724k) | $206k | $2.6m | $52k | $3.8m | ($4.4m) | — | |
| Gain (Loss) on Investments | — | $59.2m | ($8.4m) | $7.9m | — | — | — | — | — | — | — | |
| Gain On Sale Of Security | — | — | — | — | — | — | ($62.2m) | ($5.4m) | ($15.0m) | $5.0m | $5.0m | |
| Other income, net | $1.3m | $1.2m | $35.7m | $2.7m | $2.3m | $11.8m | $24.4m | $22.8m | $16.5m | $113.3m | $32.1m | |
| Income before share of (loss) income in equity method investments | $276.3m | $286.0m | $401.9m | $436.5m | $243.8m | $113.3m | ($460.1m) | $261.9m | $108.5m | $159.2m | — | |
| Share of (loss) income in equity method investments, net of tax | — | ($900k) | ($8.3m) | $1.3m | $909k | $383k | ($1.6m) | ($1.4m) | ($1.2m) | $4.2m | — | |
| Income before income taxes and share of losses in equity method investments | $360.2m | $472.6m | $562.1m | $626.1m | $354.3m | $222.2m | ($504.2m) | $380.4m | $197.2m | $205.1m | $218.4m | |
| Other Expenses | — | $14.9m | $1.7m | $2.0m | $1.4m | $2.7m | $1.6m | $4.3m | $1.2m | $2.0m | — | |
| Other Income Expense | — | — | — | — | — | — | ($147.9m) | $1.4m | ($118.6m) | $34.4m | $32.1m | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | — | — | — | — | $5.5m | $5.4m | $36.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | $49.5m | $24.2m | $11.4m | $218.4m | |
| Pre-Tax Income | $360.2m | $472.6m | $562.1m | $626.1m | $354.3m | $222.2m | ($504.2m) | $380.4m | $197.2m | $205.1m | $218.4m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | $472.6m | $81.8m | $89.9m | $54.3m | $34.9m | ($66.6m) | $53.6m | $27.0m | $29.3m | $218.4m | |
| Current Income Tax Expense (Benefit) | — | $193.4m | $22.4m | $28.3m | $18.8m | $16.5m | $11.6m | $17.0m | $14.7m | $8.7m | $51.4m | |
| Income tax expense | ($83.9m) | ($186.7m) | ($160.2m) | ($189.6m) | ($110.5m) | ($108.9m) | $44.1m | ($118.5m) | ($88.7m) | ($45.9m) | $51.4m | |
| Income Tax Expense (Benefit) | — | $186.7m | $23.3m | $27.2m | $16.9m | $17.1m | ($6.6m) | $16.7m | $12.2m | $6.6m | $51.4m | |
| Net Income From Continuing And Discontinued Operation | — | — | — | — | — | — | ($425.2m) | $269.3m | $110.0m | $166.8m | $173.5m | |
| Net Income Continuous Operations | — | — | — | — | — | — | ($461.7m) | $260.5m | $107.3m | $163.4m | $169.6m | |
| Net Income (Loss) Attributable to Parent | $266.0m |
$285.4m
+7.30%
|
$57.3m
-79.92%
|
$63.6m
+10.94%
|
$40.1m
-37.02%
|
$18.4m
-53.99%
|
($55.4m)
-400.71%
|
$37.9m
+168.45%
|
$15.1m
-60.27%
|
$23.9m
+58.27%
|
$173.5m
+627.29%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $266.0m |
$285.4m
+7.30%
|
$394.1m
+38.09%
|
$442.7m
+12.34%
|
$261.3m
-40.97%
|
$18.4m
-92.95%
|
($55.4m)
-400.71%
|
$37.9m
+168.45%
|
$15.1m
-60.27%
|
$23.9m
+58.27%
|
$173.5m
+627.29%
|
|
| Net loss attributable to noncontrolling interests | $173k | $349k | $491k | $4.9m | $16.6m | $3.8m | $36.5m | $8.8m | $2.7m | $3.4m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | ($349k) | ($71k) | ($710k) | ($2.6m) | ($590k) | ($4.8m) | ($1.2m) | ($368k) | ($491k) | $173.5m | |
| Earnings per share | ||||||||||||
| Ordinary shares-diluted (in Dollars per share and Yuan Renminbi per share) | $5.82 | $6.24 | $7.94 | $8.68 | $5.08 | $2.28 | ($8.26) | $5.28 | $2.16 | $3.30 | — | |
| Ordinary shares-basic (in Shares) | — | — | — | $102.1m | $103.0m | $103.0m | $103.0m | $102.1m | $101.5m | $101.1m | — | |
| Ordinary shares-diluted (in Shares) | — | — | — | $102.1m | $103.0m | $103.0m | $103.0m | $102.1m | $101.5m | $101.1m | — | |
| Basic Average Shares | — | — | — | $102.1m | $103.0m | $103.0m | $103.0m | $102.1m | $101.5m | $101.1m | $101.0m | |
| Diluted Average Shares | — | — | — | $102.1m | $103.0m | $103.0m | $103.0m | $102.1m | $101.5m | $101.1m | $101.0m | |
| Additional Financial Items | ||||||||||||
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | — | $0 | — | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $0 | $0 | $13.2m | $0 | $11.1m | $9.5m | $83.8m | |
| Impairment of goodwill | — | — | — | — | — | — | ($91.2m) | — | ($81.0m) | ($66.5m) | — | |
| Impairment of indefinite-lived intangible asset | — | — | — | — | — | — | ($18.9m) | ($16.0m) | ($39.1m) | ($17.3m) | — | |
| (Loss) gains on equity securities held | ($10.5m) | ($900k) | ($8.3m) | $55.3m | ($36.8m) | $9.1m | ($1.6m) | ($1.4m) | ($15.0m) | $5.0m | — | |
| Net (loss) income | $265.8m | $285.1m | $393.6m | $437.8m | $244.7m | $113.7m | ($415.1m) | $260.5m | $107.3m | $163.4m | — | |
| -Foreign currency translation adjustments | $1.9m | $1.3m | $66.5m | $2.9m | ($19.7m) | ($6.5m) | ($11.4m) | $672k | ($22.4m) | $5.1m | — | |
| -Unrealized (losses) income on available-for-sale investments | — | — | — | — | — | $2.8m | ($2.8m) | ($3k) | $6k | — | — | |
| Comprehensive income, net of tax | $267.7m | $286.4m | $460.1m | $440.7m | $225.0m | $110.0m | ($475.8m) | $261.2m | $84.9m | $168.4m | — | |
| Comprehensive loss attributable to noncontrolling interests | $173k | $349k | $491k | $4.9m | $16.6m | $3.8m | $36.5m | $8.8m | $2.7m | $3.4m | — | |
| Comprehensive income attributable to ordinary shareholders | $267.8m | $286.7m | $460.6m | $445.7m | $241.6m | $113.7m | ($396.4m) | $270.0m | $87.6m | $171.9m | — | |
| Diluted EPS | — | — | — | — | — | — | ($3.66) | $2.60 | $1.08 | $1.65 | $1.71 | |
| Diluted NI Availto Com Stockholders | — | — | — | — | — | — | ($425.2m) | $269.3m | $110.0m | $166.8m | $173.5m | |
| Earnings From Equity Interest Net Of Tax | — | ($900k) | ($8.3m) | $1.3m | $909k | $383k | ($1.6m) | ($1.4m) | ($1.2m) | $4.2m | $2.6m | |
| Impairment Of Capital Assets | — | — | — | — | — | — | $110.1m | $16.0m | $120.1m | $83.8m | $83.8m | |
| Minority Interests | $173k | $349k | $491k | $4.9m | $16.6m | $3.8m | $36.5m | $8.8m | $2.7m | $3.4m | $3.9m | |
| Normalized EBITDA | — | — | — | — | — | — | ($178.6m) | $532.7m | $454.3m | $380.5m | $226.0m | |
| Normalized Income | — | — | — | — | — | — | ($268.4m) | $284.1m | $211.3m | $228.3m | $233.7m | |
| Other Gand A | — | — | — | — | — | — | $726.0m | $272.0m | $224.3m | $213.3m | — | |
| Reconciled Depreciation | — | — | — | — | — | — | $125.3m | $116.9m | $115.7m | $88.9m | $88.9m | |
| Selling General And Administration | — | — | — | — | — | — | $794.5m | $343.6m | $291.9m | $268.1m | — | |
| Special Income Charges | — | — | — | — | — | — | ($110.1m) | ($16.0m) | ($120.1m) | ($83.8m) | ($83.8m) | |
| Tax Effect Of Unusual Items | — | — | — | — | — | — | ($15.5m) | ($6.6m) | ($33.8m) | ($17.3m) | ($18.5m) | |
| Tax Provision | — | — | — | — | — | — | ($44.1m) | $118.5m | $88.7m | $45.9m | $51.4m | |
| Tax Rate For Calcs | — | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Other Cost and Expense, Operating | — | $5.6m | $865k | $472k | $265k | $775k | $470k | $1.6m | $971k | $7.4m | — | |
| Other General Expense | — | — | — | — | — | — | $66.9m | $11.2m | $5.7m | $11.9m | — | |
| Other general expenses | — | — | — | — | $3.0m | $99.9m | $461.6m | ($79.6m) | ($41.8m) | ($82.9m) | — | |
| Operating Expense | — | — | — | — | — | — | $779.0m | $328.1m | $238.8m | $242.5m | $188.0m | |
| Rent Expense Supplemental | — | — | — | — | — | — | $317.6m | $277.7m | $258.0m | $246.1m | $246.1m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $286.0m | $58.5m | $62.7m | $37.4m | $17.8m | ($59.9m) | $36.9m | $14.9m | $22.8m | — | |
| Total Unusual Items | — | — | — | — | — | — | ($172.3m) | ($21.4m) | ($135.0m) | ($78.8m) | ($78.8m) | |
| Total Expenses | — | — | — | — | — | — | $1.8b | $1.3b | $1.1b | $956.9m | $902.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.