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.

Income statement · Annual
Item20252024202320222021
Total revenue170,447189,164203,979188,988187,869
Cost of revenue119,697133,638146,028140,378142,695
Gross profit50,75055,52657,95148,61045,174
Selling, general and administrative13,59615,81621,34916,55915,638
Research and development6,4636,9046,7626,2816,297
Operating income29,77531,53027,02123,62921,981
EBIT29,77531,53027,02123,62921,981
EBITDA34,76936,78732,30428,59925,625
Interest expense1,9922,5373,0892,9192,275
Pre-tax income34,64536,89632,81627,21726,803
Income tax5,7824,5255,0974,2063,971
Net income29,00332,18529,01724,50723,064
Net income to common shareholders29,00332,18529,01724,50723,064
Basic EPS5.205.835.224.434.04
Diluted EPS5.205.835.224.434.04
Average shares (basic)5,5785,5215,5595,5325,709
Average shares (diluted)5,5785,5215,5595,5325,709
Dividend per share3.003.002.382.003.00