Gree Electric Appliances, Inc. of Zhuhai revenue and financials

000651 · SZSE · CNY

¥38.28Change from previous close: +0.47%Absolute change: +¥0.18

Close · September 30, 2026

In the fiscal year ended December 2025, Gree Electric Appliances, Inc. of Zhuhai reported revenue of ¥170.45B (−9.89% year over year). Net income was ¥29B, a net margin of 17.0%.

Annual revenue · 2025: ¥170.45B
  1. ¥187.87B2021
  2. ¥188.99B2022
  3. ¥203.98B2023
  4. ¥189.16B2024
  5. ¥170.45B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
−9.89%
2025 vs 2024
Net income growth
−9.89%
2025 vs 2024
Net margin
17.0%
2024: 17.0%

Financial data

Amounts in millions of CNY; per-share values in CNY; shares in millions.

Balance sheet · Annual
Item20252024202320222021
Total assets391,372368,032368,054355,071319,598
Current assets250,944224,803228,141255,140225,850
Cash and equivalents110,553113,900124,105157,484116,939
Short-term investments43,95127,90624,3415,41516,320
Receivables30,60234,57632,53247,55641,133
Inventory28,18327,91132,57938,31442,766
Net property, plant and equipment36,39940,85341,43039,98437,679
Goodwill1,3241,3681,4521,659708
Other intangible assets9,86510,43910,82811,6229,917
Long-term investments73,18471,58666,88729,48026,443
Current liabilities231,570201,125200,983216,372197,101
Accounts payable57,64861,57064,88871,46676,619
Long-term debt3,13518,23039,03630,7848,961
Total debt85,413————
Total liabilities241,581226,518247,408253,195211,673
Total equity (incl. minority)149,791141,514120,646101,876107,925
Retained earnings140,190133,746114,45094,206105,965
Minority interest3,8624,0973,8525,1174,274