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.

Cash flow · Annual
Item20252024202320222021
Operating cash flow46,38329,36956,39828,6681,894
Depreciation and amortization5,0555,2575,2834,9703,644
Capital expenditure-1,717-3,300-5,426-6,036-5,727
Investing cash flow-48,599-15,558-41,017-37,05729,752
Financing cash flow8,606-23,703-16,3589,923-25,331
Dividends paid-18,126-15,098-13,700-18,420-17,547
Share repurchases——-3,000—-21,820
Debt issued72,50469,11468,623102,92788,802
Debt repaid-61,005-82,775-87,010-60,908-57,868
Effect of exchange rates36.3119136269-589
Net change in cash6,426-9,773-8401,8035,727
Free cash flow44,66626,06950,97322,632-3,833
Levered free cash flow26,91217,97023,76915,41515,705