Gree Electric Appliances, Inc. of Zhuhai (SHE:000651)
China flag China · Delayed Price · Currency is CNY
40.46
-0.11 (-0.27%)
Jul 24, 2026, 3:05 PM CST

SHE:000651 Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Jan '25 Jan '24 Jan '23 Dec '21
Revenue
171,906170,447189,164203,979188,988187,869
Revenue Growth
-11.53%-9.89%-7.26%7.93%0.60%11.69%
Gross Profit
51,17350,75055,52657,95148,61045,174
Operating Income
29,83029,77531,53027,02123,62921,981
Net Income
29,18129,00332,18529,01724,50723,064
Earnings Per Share
5.225.205.835.224.434.04
EPS Growth
-13.73%-10.81%11.69%17.83%9.65%9.02%

Revenue by Segment

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Jan '25 Jan '24 Jan '23 Dec '21
Consumer Electronics
133,055148,560155,218--
Industrial Products and Green Energy
17,38117,24617,109--
Smart Equipment
680.79424.13669.84--
Others
2,6653,4851,568--
Unallocated Other Operations
16,66519,44829,41435,82343,028
Total
170,447189,164203,979188,988187,869

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Jan '25 Jan '24 Jan '23 Dec '21
Cash & Investments
154,418185,840158,355158,060166,767133,259
Total Debt
73,67285,41373,53688,53385,78943,768
Net Cash (Debt)
80,746100,42784,81969,52780,97789,492
Net Cash Growth
43.14%18.40%22.00%-14.14%-9.51%-23.84%
Net Cash Per Share
14.4418.0115.3612.5114.6415.68

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Jan '25 Jan '24 Jan '23 Dec '21
Operating Cash Flow
43,18046,38329,36956,39828,6681,894
Capital Expenditures
-1,453-1,717-3,300-5,426-6,036-5,727
Free Cash Flow
41,72744,66626,06950,97322,632-3,833
Free Cash Flow Growth
2.00%71.33%-48.86%125.22%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Jan '25 Jan '24 Jan '23 Dec '21
Gross Margin
29.77%29.78%29.35%28.41%25.72%24.05%
Operating Margin
17.35%17.47%16.67%13.25%12.50%11.70%
Pretax Margin
20.19%20.33%19.50%16.09%14.40%14.27%
Profit Margin
16.98%17.02%17.01%14.23%12.97%12.28%
FCF Margin
24.27%26.21%13.78%24.99%11.97%-2.04%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Jan '25 Jan '24 Jan '23 Dec '21
Dividend Per Share
3.0003.0003.0002.3802.0003.000
Dividend Per Share Growth
0%0%26.05%19.00%-33.33%-25.00%
Dividend Yield
7.41%7.65%7.22%8.58%7.58%10.91%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Jan '25 Jan '24 Jan '23 Dec '21
PE Ratio
7.757.687.765.827.438.65
Forward PE
7.567.087.736.276.668.46
P/FCF Ratio
5.424.999.573.328.04-
PS Ratio
1.311.311.320.830.961.06