Gree Electric Appliances is one of the largest heating, ventilating, and air conditioning, or HVAC, product manufacturers in China, with key products such as residential and commercial air conditioners. Gree generates over 80% of sales domestically and is backed by China's Zhuhai local government. Air conditioners remain the biggest contributor to Gree's earnings, with an over 70% representation over the years. The company has also made forays into industrial component parts, photovoltaic equipment, new energy vehicles, and battery production. As of March 2024, Chairwoman Dong Mingzhu and privately owned investment entity Zhuhai Mingjun collectively held 17% of its total equity interest, while state-owned Zhuhai Gree Group owned 3.4%.

Financial Strength

5/10

Name	Current	Vs Industry
Cash-To-Debt	1.43
Equity-to-Asset	0.34
Debt-to-Equity	0.7
Debt-to-EBITDA	2.33
Interest Coverage	13.78
Piotroski F-Score	6/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	1.97	Distress Grey Safe
Beneish M-Score	-2.3	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

7/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	8.9
	3-Year EBITDA Growth Rate	13.9
	3-Year EPS without NRI Growth Rate	13.5
	3-Year FCF Growth Rate	55
	3-Year Book Growth Rate	2.7
	Future 3-5Y EPS without NRI Growth Rate	8.36
	Future 3-5Y Total Revenue Growth Rate	3.96

Momentum Rank

6/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	48.41
	9-Day RSI	40.41
	14-Day RSI	41.27
	6-1 Month Momentum %	12.09
	12-1 Month Momentum %	43.39

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	1.06
	Quick Ratio	0.94
	Cash Ratio	0.59
	Days Inventory	84.04
	Days Sales Outstanding	33.37
	Days Payable	173.39

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	Dividend Yield %	5.85
	Dividend Payout Ratio	0.4
	3-Year Dividend Growth Rate	-3.1
	Forward Dividend Yield %	5.85
	5-Year Yield-on-Cost %	5.85
	3-Year Average Share Buyback Ratio	2.2
	Shareholder Yield %	8.38

Profitability Rank

7/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	31.59
	Operating Margin %	17.35
	Net Margin %	15.71
	FCF Margin %	13
	ROE %	25.96
	ROA %	8.17
	ROIC %	10.35
	ROC (Joel Greenblatt) %	90.62
	ROCE %	23.17
	Years of Profitability over Past 10-Year	10

GF Value Rank

6/10

	Name	Current	Vs Industry		Vs History
	PE Ratio	7.4
	Forward PE Ratio	7
	PE Ratio without NRI	7.06
	Shiller PE Ratio	10.1
	Price-to-Owner-Earnings	8.83
	PEG Ratio	1.33
	PS Ratio	1.11
	PB Ratio	1.84
	Price-to-Tangible-Book	2.04
	Price-to-Free-Cash-Flow	8.71
	Price-to-Operating-Cash-Flow	7.53
	EV-to-EBIT	5.22
	EV-to-Forward-EBIT	5.88
	EV-to-EBITDA	5.22
	EV-to-Forward-EBITDA	5.1
	EV-to-Revenue	1.01
	EV-to-Forward-Revenue	0.89
	EV-to-FCF	7.98
	Price-to-Projected-FCF	0.7
	Price-to-DCF (Earnings Based)	0.42
	Price-to-DCF (FCF Based)	0.28
	Price-to-Median-PS-Value	0.92
	Price-to-Peter-Lynch-Fair-Value	0.65
	Price-to-Graham-Number	0.8
	Earnings Yield (Greenblatt) %	19.16
	FCF Yield %	10.99
	Forward Rate of Return (Yacktman) %	19.02

Financials (Next Earnings Date:2025-02-14 Est.)

Annual Quarterly TTM

SZSE:000651's 30-Y Financials

AAPL

Income Statement Breakdown FY

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

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Insider Trades

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Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

Gree Electric Appliances Inc of Zhuhai Executives

Details

GF Value: ¥37.68

SZSE:000651

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 3 Medium warning signs with 000651. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil ¥)	196,622.15
	EPS (TTM) (¥)	5.62
	Beta	0.94
	Volatility %	28.52
	14-Day RSI	41.27
	14-Day ATR (¥)	1.106702
	20-Day SMA (¥)	43.008
	12-1 Month Momentum %	43.39
	52-Week Range (¥)	30.78 - 52.73
	Shares Outstanding (Mil)	5,601.41

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	6
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

Gree Electric Appliances Inc of Zhuhai Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

Gree Electric Appliances Inc of Zhuhai Stock Events

Financials Calendars

	Event	Date	Price(¥)
No Event Data

Gree Electric Appliances Inc of Zhuhai Frequently Asked Questions

What is Gree Electric Appliances Inc of Zhuhai(SZSE:000651)'s stock price today?

The current price of SZSE:000651 is ¥41.60. The 52 week high of SZSE:000651 is ¥52.73 and 52 week low is ¥30.78.

When is next earnings date of Gree Electric Appliances Inc of Zhuhai(SZSE:000651)?

The next earnings date of Gree Electric Appliances Inc of Zhuhai(SZSE:000651) is 2025-02-14 Est..

Does Gree Electric Appliances Inc of Zhuhai(SZSE:000651) pay dividends? If so, how much?

The Dividend Yield % of Gree Electric Appliances Inc of Zhuhai(SZSE:000651) is 5.85% (As of Today), Highest Dividend Payout Ratio of Gree Electric Appliances Inc of Zhuhai(SZSE:000651) was 0.79. The lowest was 0.32. And the median was 0.58. The Forward Dividend Yield % of Gree Electric Appliances Inc of Zhuhai(SZSE:000651) is 5.85%. For more information regarding to dividend, please check our Dividend Page.

Press Release

	Subject	Date
No Press Release

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