Reported Earnings • Apr 29
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: CN¥1.09 (up from CN¥1.07 in 1Q 2025). Revenue: CN¥43.1b (up 3.8% from 1Q 2025). Net income: CN¥6.08b (up 3.0% from 1Q 2025). Profit margin: 14% (in line with 1Q 2025). Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year. Announcement • Apr 29
Gree Electric Appliances, Inc. of Zhuhai, Annual General Meeting, Jun 30, 2026 Gree Electric Appliances, Inc. of Zhuhai, Annual General Meeting, Jun 30, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Zhuhai, Guangdong China Announcement • Mar 31
Gree Electric Appliances, Inc. of Zhuhai to Report Q1, 2026 Results on Apr 29, 2026 Gree Electric Appliances, Inc. of Zhuhai announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Jan 17
Gree Electric Appliances, Inc. of Zhuhai Announces Cash Dividend on A Shares for Third Quarter 2025, Payable on 23 January 2026 Gree Electric Appliances, Inc. of Zhuhai announced 2025 third quarter profit distribution plan to be implemented (A shares): Cash dividend per 10 shares (tax included) of CNY 10.00000000. Record date: 22 January 2026; Ex-date: 23 January 2026; Payment date: 23 January 2026. Announcement • Dec 31
Gree Electric Appliances, Inc. of Zhuhai to Report Fiscal Year 2025 Results on Apr 29, 2026 Gree Electric Appliances, Inc. of Zhuhai announced that they will report fiscal year 2025 results on Apr 29, 2026 Announcement • Nov 01
Gree Electric Appliances, Inc. of Zhuhai Proposes Interim Cash Dividend (Tax Included) for 2025 Gree Electric Appliances, Inc. of Zhuhai announced that at the Extraordinary General Meeting of 2025 to be held on 24 November 2025, proposed interim cash dividend (tax included) for 2025 of CNY 10.00000000 per 10 shares. Reported Earnings • Oct 31
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: CN¥1.26 (down from CN¥1.42 in 3Q 2024). Revenue: CN¥40.3b (down 14% from 3Q 2024). Net income: CN¥7.05b (down 9.9% from 3Q 2024). Profit margin: 18% (in line with 3Q 2024). Revenue missed analyst estimates by 20%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year. Announcement • Sep 30
Gree Electric Appliances, Inc. of Zhuhai to Report Q3, 2025 Results on Oct 31, 2025 Gree Electric Appliances, Inc. of Zhuhai announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Sep 01
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: CN¥1.53 (down from CN¥1.71 in 2Q 2024). Revenue: CN¥55.8b (down 12% from 2Q 2024). Net income: CN¥8.51b (down 10% from 2Q 2024). Profit margin: 15% (in line with 2Q 2024). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year. Major Estimate Revision • Aug 29
Consensus revenue estimates fall by 12% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥203.3b to CN¥179.3b. EPS estimate fell from CN¥6.10 to CN¥5.48 per share. Net income forecast to grow 3.0% next year vs 23% growth forecast for Consumer Durables industry in China. Consensus price target broadly unchanged at CN¥52.49. Share price fell 9.6% to CN¥42.60 over the past week. Declared Dividend • Aug 25
Dividend of CN¥2.00 announced Shareholders will receive a dividend of CN¥2.00. Ex-date: 29th August 2025 Payment date: 29th August 2025 Dividend yield will be 6.4%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 7.2% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 02
Gree Electric Appliances, Inc. of Zhuhai to Report First Half, 2025 Results on Aug 29, 2025 Gree Electric Appliances, Inc. of Zhuhai announced that they will report first half, 2025 results on Aug 29, 2025 Reported Earnings • Apr 29
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: CN¥1.07 (up from CN¥0.85 in 1Q 2024). Revenue: CN¥41.5b (up 14% from 1Q 2024). Net income: CN¥5.90b (up 26% from 1Q 2024). Profit margin: 14% (up from 13% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 8.5%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year. Announcement • Apr 28
Gree Electric Appliances, Inc. of Zhuhai, Annual General Meeting, Jun 30, 2025 Gree Electric Appliances, Inc. of Zhuhai, Annual General Meeting, Jun 30, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Zhuhai, Guangdong China Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. Independent Director Qiusheng Zhang was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Mar 31
Gree Electric Appliances, Inc. of Zhuhai to Report Q1, 2025 Results on Apr 28, 2025 Gree Electric Appliances, Inc. of Zhuhai announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Jan 04
Gree Electric Appliances, Inc. of Zhuhai Proposes Dividend for the First Half of 2024 Gree Electric Appliances, Inc. of Zhuhai proposed Cash dividend/10 shares (tax included) of CNY10.00000000 for the first half of 2024. Announcement • Dec 31
Gree Electric Appliances, Inc. of Zhuhai to Report Fiscal Year 2024 Results on Apr 28, 2025 Gree Electric Appliances, Inc. of Zhuhai announced that they will report fiscal year 2024 results on Apr 28, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2024 results: EPS: CN¥1.42 (up from CN¥1.32 in 3Q 2023). Revenue: CN¥47.6b (down 15% from 3Q 2023). Net income: CN¥7.82b (up 5.5% from 3Q 2023). Profit margin: 16% (up from 13% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 5.7%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year. Announcement • Sep 30
Gree Electric Appliances, Inc. of Zhuhai to Report Q3, 2024 Results on Oct 31, 2024 Gree Electric Appliances, Inc. of Zhuhai announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥47.94, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Consumer Durables industry in China. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥86.19 per share. Announcement • Aug 24
Gree Electric Appliances, Inc. of Zhuhai Approves Dividend on Share A for the Year 2023, Payable on August 28, 2024 Gree Electric Appliances, Inc. of Zhuhai approved Cash dividend/10 shares (tax included): CNY 23.80000000 on share A for the year 2023. Record date: 27 August 2024, Ex-date: 28 August 2024, Payment date: 28 August 2024. Announcement • Jun 29
Gree Electric Appliances, Inc. of Zhuhai to Report First Half, 2024 Results on Aug 31, 2024 Gree Electric Appliances, Inc. of Zhuhai announced that they will report first half, 2024 results on Aug 31, 2024 Price Target Changed • May 03
Price target increased by 8.8% to CN¥48.24 Up from CN¥44.34, the current price target is an average from 17 analysts. New target price is 15% above last closing price of CN¥42.12. Stock is up 20% over the past year. The company is forecast to post earnings per share of CN¥5.42 for next year compared to CN¥5.22 last year. Announcement • May 02
Gree Electric Appliances, Inc. of Zhuhai Proposes Final Dividend for 2023 Gree Electric Appliances, Inc. of Zhuhai announced on 30 April 2024 the profit distribution proposal for 2023 as follows: Cash dividend/10 shares (tax included): CNY 23.80000000. Reported Earnings • May 01
First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2024 results: EPS: CN¥0.85 (up from CN¥0.73 in 1Q 2023). Revenue: CN¥36.6b (up 3.2% from 1Q 2023). Net income: CN¥4.68b (up 14% from 1Q 2023). Profit margin: 13% (up from 12% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) exceeded analyst estimates by 9.0%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Mar 30
Gree Electric Appliances, Inc. of Zhuhai to Report Q1, 2024 Results on Apr 30, 2024 Gree Electric Appliances, Inc. of Zhuhai announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Dec 30
Gree Electric Appliances, Inc. of Zhuhai to Report Fiscal Year 2023 Results on Apr 29, 2024 Gree Electric Appliances, Inc. of Zhuhai announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2023 results: EPS: CN¥1.32. Revenue: CN¥56.6b (up 8.2% from 3Q 2022). Net income: CN¥7.42b (up 8.4% from 3Q 2022). Profit margin: 13% (in line with 3Q 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 2.7%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Announcement • Jul 06
Gree Electric Appliances, Inc. of Zhuhai Declares Cash Dividend for 2022 Gree Electric Appliances, Inc. of Zhuhai held its Annual General Meeting of 2022 on 30 June 2023 announced Cash dividend/10 shares (tax included): CNY 10.00000000 for 2022. Announcement • Jun 10
Gree Electric Appliances, Inc. of Zhuhai, Annual General Meeting, Jun 30, 2023 Gree Electric Appliances, Inc. of Zhuhai, Annual General Meeting, Jun 30, 2023, at 15:00 China Standard Time. Agenda: To consider 2022 annual report and its summary; to consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 financial report; to consider Amendments to the shareholder return plan for the next three years from 2022 to 2024; to consider Estimated continuing connected transactions; to consider Reappointment of 2023 audit firm; and to discuss other matters. Announcement • May 06
Gree Electric Appliances, Inc. of Zhuhai Announces the Profit Distribution Proposal for 2022 Gree Electric Appliances, Inc. of Zhuhai announced the profit distribution proposal of cash dividend per 10 shares (tax included) of CNY 10.00000000 for 2022. Reported Earnings • Apr 30
First quarter 2023 earnings: EPS and revenues miss analyst expectations First quarter 2023 results: EPS: CN¥0.73 (up from CN¥0.68 in 1Q 2022). Revenue: CN¥35.7b (up 1.2% from 1Q 2022). Net income: CN¥4.11b (up 2.6% from 1Q 2022). Profit margin: 12% (in line with 1Q 2022). Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Dec 30
Gree Electric Appliances, Inc. of Zhuhai Approves Interim Profit Distribution Plan Gree Electric Appliances, Inc. of Zhuhai approved interim profit distribution plan Cash dividend/10 shares (tax included): CNY 10.00000000 per 10 shares. Announcement • Dec 15
Gree Electric Appliances, Inc. of Zhuhai Proposes Distribution for the First Half of 2022 Gree Electric Appliances, Inc. of Zhuhai announced on 13 December 2022 the profit distribution proposal for the first half of 2022 as follows: Cash dividend (tax included): CNY 10.00000000 per 10 shares. Buying Opportunity • Nov 21
Now 21% undervalued Over the last 90 days, the stock is up 2.9%. The fair value is estimated to be CN¥39.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.4%. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings is also forecast to grow by 7.8% per annum over the same time period. Reported Earnings • Oct 31
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: CN¥1.35 (up from CN¥1.10 in 3Q 2021). Revenue: CN¥53.1b (up 13% from 3Q 2021). Net income: CN¥6.84b (up 11% from 3Q 2021). Profit margin: 13% (in line with 3Q 2021). Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 02
Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint Second quarter 2022 results: EPS: CN¥1.26. Net income: CN¥7.46b (up CN¥7.46b from 2Q 2021). Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 10.0%, compared to a 13% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Jul 30
Gree Electric Appliances, Inc. of Zhuhai Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2021, Payable on 05 August 2022 Gree Electric Appliances, Inc. of Zhuhai announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 20.00000000 for the year 2021, payable on 05 August 2022. Record date: 04 August 2022. Ex-date: 05 August 2022. Announcement • Jun 09
Gree Electric Appliances, Inc. of Zhuhai Approves Cash Dividend for 2021 Gree Electric Appliances, Inc. of Zhuhai approved cash dividend per 10 shares (tax included) of CNY 20.00000000 for 2021, at its Annual General Meeting of 2021 held on 07 June 2022. Announcement • May 19
Gree Electric Appliances, Inc. of Zhuhai, Annual General Meeting, Jun 07, 2022 Gree Electric Appliances, Inc. of Zhuhai, Annual General Meeting, Jun 07, 2022, at 15:00 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 financial report; to consider 2021 annual report and its summary; to consider 2021 profit distribution plan; to consider appointment of 2022 audit firm; to consider launching hedging business of bulk material futures in 2022; and to consider other matters. Announcement • May 06
Gree Electric Appliances, Inc. of Zhuhai Announces Final Cash Dividend Proposal for 2021 Gree Electric Appliances, Inc. of Zhuhai announced on 05 May 2022 the final cash dividend proposal for 2021. Cash dividend/10 shares (tax included): CNY 20.00000000. Reported Earnings • May 02
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: CN¥0.68 (up from CN¥0.58 in 1Q 2021). Revenue: CN¥35.5b (up 7.1% from 1Q 2021). Net income: CN¥4.00b (up 16% from 1Q 2021). Profit margin: 11% (in line with 1Q 2021). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 9.7%. Over the next year, revenue is forecast to grow 9.8%, compared to a 15% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Announcement • Apr 01
Gree Electric Appliances, Inc. of Zhuhai Announces Interim Cash Dividend (Tax Included), Payable of 08 April 2022 Gree Electric Appliances, Inc. of Zhuhai announced interim cash dividend (tax included) of CNY 10.00000000 per 10 shares . The dividend will be payable of 08 April 2022 with record date of 07 April 2022 and Ex-date of 08 April 2022. Announcement • Feb 15
Gree Electric Appliances, Inc. of Zhuhai Proposes Interim Dividend for the First Half of 2021 Gree Electric Appliances, Inc. of Zhuhai proposed cash dividend/10 shares (tax included) is CNY 10.00000000 for the First Half of 2021. Price Target Changed • Oct 29
Price target decreased to CN¥59.48 Down from CN¥64.68, the current price target is an average from 26 analysts. New target price is 62% above last closing price of CN¥36.65. Stock is down 37% over the past year. The company is forecast to post earnings per share of CN¥3.96 for next year compared to CN¥3.71 last year. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥1.10 (vs CN¥1.23 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥48.5b (down 14% from 3Q 2020). Net income: CN¥6.19b (down 16% from 3Q 2020). Profit margin: 13% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Jun 22
Gree Electric Appliances, Inc. of Zhuhai(XSEC:000651) dropped from FTSE All-World Index (USD) Gree Electric Appliances, Inc. of Zhuhai(XSEC:000651) dropped from FTSE All-World Index (USD) Reported Earnings • Apr 16
Full year 2020 earnings released: EPS CN¥3.71 (vs CN¥4.11 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥170.5b (down 14% from FY 2019). Net income: CN¥22.2b (down 10% from FY 2019). Profit margin: 13% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 28
New 90-day low: CN¥57.29 The company is down 2.0% from its price of CN¥58.43 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥82.07 per share. Is New 90 Day High Low • Nov 17
New 90-day high: CN¥68.40 The company is up 24% from its price of CN¥55.19 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥63.18 per share. Announcement • Nov 04
Gree Electric Appliances, Inc. of Zhuhai Approves Election of Cheng Min as Non-Employee Supervisor Gree Electric Appliances, Inc. of Zhuhai at its EGM held on 02 November 2020, approved election of Cheng Min as a non-employee supervisor. Reported Earnings • Nov 03
Third quarter 2020 earnings released: EPS CN¥1.22 The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: CN¥58.0b (flat on 3Q 2019). Net income: CN¥7.34b (down 12% from 3Q 2019). Profit margin: 13% (down from 14% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Nov 03
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 16%, compared to a 18% growth forecast for the Consumer Durables industry in China. Is New 90 Day High Low • Nov 02
New 90-day high: CN¥60.19 The company is up 5.0% from its price of CN¥57.17 on 04 August 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Consumer Durables industry, which is also up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥81.71 per share. Announcement • Aug 14
Gree Electric Appliances, Inc. of Zhuhai to Report First Half, 2020 Results on Aug 31, 2020 Gree Electric Appliances, Inc. of Zhuhai announced that they will report first half, 2020 results on Aug 31, 2020