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 · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue46,43142,96633,26739,85555,81841,50742,44146,93963,41936,36448,97255,771
Cost of revenue32,59131,18721,52928,41039,60830,15029,63933,13944,87525,98536,35338,475
Gross profit13,84011,77911,73811,44616,21011,35612,80313,80018,54410,37912,61917,296
Selling, general and administrative4,0054,4221,7022,5465,6873,6602,2873,2176,2324,0813,2856,642
Research and development1,7271,4408411,7042,2181,6991,5511,8212,0441,4881,5421,676
Operating income7,6705,7698,5447,7368,0955,7148,4668,7369,9404,3876,4278,508
EBIT7,6705,7698,5447,7368,0955,7148,4668,7369,9404,3876,4278,508
EBITDA8,8477,0189,7929,0239,4207,0289,78010,05711,1545,7087,7479,750
Interest expense298334402536522532545525729738647654
Pre-tax income9,0436,9729,5338,5149,6876,91011,2749,30311,0005,3189,8928,427
Income tax1,8198732,2481,4501,1169691181,9761,7536781,6961,254
Net income7,1956,0827,5427,0498,5085,90410,2247,8259,4614,6758,9257,419
Net income to common shareholders7,1956,0827,5427,0498,5085,90410,2247,8259,4614,6758,9257,419
Basic EPS1.291.091.341.261.531.071.851.421.710.851.651.32
Diluted EPS1.291.091.341.261.531.071.851.421.710.851.651.32
Average shares (basic)5,5785,5805,6305,5935,5685,5185,5295,5105,5445,5005,3995,622
Average shares (diluted)5,5785,5805,6305,5935,5685,5185,5295,5105,5445,5005,3995,622
Dividend per share——2.001.00——2.001.00——2.38—