Reported Earnings • Jul 02
First quarter 2026 earnings released: EPS: CN¥0.15 (vs CN¥0.99 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.15 (down from CN¥0.99 in 1Q 2025). Revenue: CN¥227.7m (down 22% from 1Q 2025). Net income: CN¥15.5m (down 85% from 1Q 2025). Profit margin: 6.8% (down from 34% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings. Announcement • May 02
GreenTree Hospitality Group Ltd. Reports Impairment Loss Results for the Fourth Quarter Ended December 31, 2025 GreenTree Hospitality Group Ltd. reported impairment loss results for the fourth quarter ended December 31, 2025. For the period, the company reported impairment loss of goodwill of USD 9,508,087 or RMB 66,491,000 compared to RMB 81,008,000 a year ago and impairment loss of indefinite-lived intangible asset of USD 2,478,300 or RMB 17,331,000 compared to RMB 39,072,000 a year ago. Buy Or Sell Opportunity • Feb 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to US$1.46. The fair value is estimated to be US$1.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Dec 23
Third quarter 2025 earnings released: EPS: CN¥0.60 (vs CN¥0.65 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.60 (down from CN¥0.65 in 3Q 2024). Revenue: CN¥303.6m (down 15% from 3Q 2024). Net income: CN¥60.8m (down 7.2% from 3Q 2024). Profit margin: 20% (up from 18% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Upcoming Dividend • Oct 24
Upcoming dividend of US$0.051 per share Eligible shareholders must have bought the stock before 31 October 2025. Payment date: 25 November 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of American dividend payers (4.5%). Higher than average of industry peers (1.7%). Reported Earnings • Oct 01
First half 2025 earnings released First half 2025 results: EPS: CN¥1.99. Revenue: CN¥585.1m (down 14% from 1H 2024). Net income: CN¥201.5m (up 67% from 1H 2024). Profit margin: 34% (up from 18% in 1H 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jul 18
Now 21% undervalued Over the last 90 days, the stock has risen 20% to US$2.47. The fair value is estimated to be US$3.11, 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 69%. Buy Or Sell Opportunity • Jul 03
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.1% to US$2.18. The fair value is estimated to be US$2.99, 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 69%. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$2.44, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 24x in the Hospitality industry in the US. Total loss to shareholders of 36% over the past three years. Reported Earnings • Apr 25
Full year 2024 earnings released: EPS: CN¥1.08 (vs CN¥2.64 in FY 2023) Full year 2024 results: EPS: CN¥1.08 (down from CN¥2.64 in FY 2023). Revenue: CN¥1.34b (down 17% from FY 2023). Net income: CN¥110.0m (down 59% from FY 2023). Profit margin: 8.2% (down from 17% in FY 2023). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Apr 22
GreenTree Hospitality Group Ltd. to Report Q4, 2024 Results on Apr 24, 2025 GreenTree Hospitality Group Ltd. announced that they will report Q4, 2024 results at 12:30 PM, US Eastern Standard Time on Apr 24, 2025 Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$3.04, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 26x in the Hospitality industry in the US. Total loss to shareholders of 44% over the past three years. Board Change • Jan 02
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. 2 experienced directors. 3 highly experienced directors. Independent Director Catherine Zhu was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Dec 19
New major risk - Revenue and earnings growth Earnings have declined by 20% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. New Risk • Nov 22
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 14% Last year net profit margin: 30% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (14% net profit margin). Reported Earnings • Nov 22
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: CN¥0.65 (down from CN¥1.15 in 3Q 2023). Revenue: CN¥357.0m (down 23% from 3Q 2023). Net income: CN¥65.5m (down 44% from 3Q 2023). Profit margin: 18% (down from 26% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 3.0%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Announcement • Nov 19
GreenTree Hospitality Group Ltd. to Report Q3, 2024 Results on Nov 21, 2024 GreenTree Hospitality Group Ltd. announced that they will report Q3, 2024 results on Nov 21, 2024 Announcement • Oct 25
GreenTree Hospitality Group Ltd. Announces Cash Dividend, Payable on or about October 16, 2024 GreenTree Hospitality Group Ltd. announced that its board of directors approved the payment of a cash dividend of USD 0.10 per ordinary share, or USD 0.10 per American Depositary Share ("ADS"). The holders of the Company's ordinary shares shown on the Company's record at the close of trading on September 30, 2024 (U.S. Eastern Time) (the "Record Date") will be entitled to these dividends. These shareholders, including Deutsche Bank Trust Company Americas, the depositary bank for the Company's ADS program (the "ADS Depositary"), are expected to receive the payments of dividends on or about October 16, 2024. Dividends to the Company's ADS holders are expected to be paid through the ADS Depositary on or about October 23, 2024, and will be subject to the terms of the deposit agreement by and among the Company and the ADS Depositary, and the holders and beneficial owners of ADSs issued thereunder, including the fees and expenses payable thereunder. The total amount of cash to be distributed for the dividends is expected to be approximately USD 10 million. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to US$3.23, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 17x in the Hospitality industry in the US. Total loss to shareholders of 59% over the past three years. Upcoming Dividend • Sep 23
Upcoming dividend of US$0.085 per share Eligible shareholders must have bought the stock before 30 September 2024. Payment date: 16 October 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of American dividend payers (4.3%). Higher than average of industry peers (2.1%). Major Estimate Revision • Aug 22
Consensus EPS estimates fall by 25% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.59b to CN¥1.46b. EPS estimate also fell from CN¥3.75 per share to CN¥2.82 per share. Net income forecast to grow 30% next year vs 24% growth forecast for Hospitality industry in the US. Consensus price target down from US$4.25 to US$3.60. Share price fell 9.6% to US$2.45 over the past week. Buy Or Sell Opportunity • Aug 22
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to US$2.45. The fair value is estimated to be US$3.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 8.8% in 2 years. Earnings are forecast to grow by 60% in the next 2 years. Reported Earnings • Aug 16
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: CN¥0.61 (down from CN¥1.22 in 2Q 2023). Revenue: CN¥329.7m (down 21% from 2Q 2023). Net income: CN¥61.7m (down 50% from 2Q 2023). Profit margin: 19% (down from 30% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 27%. Earnings per share (EPS) also missed analyst estimates by 50%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Announcement • Aug 15
Greentree Hospitality Group Ltd. Provides Earnings Guidance for the Year 2024 GreenTree Hospitality Group Ltd. provided earnings guidance for the year 2024. Considering the performance during the first half of the year and the impact of closing certain L&O hotels due to lease expirations and strategic decisions, the company has revised revenue guidance for the hotel business. The company now anticipate its performance in 2024 to remain flat compared to 2023. Announcement • Aug 12
GreenTree Hospitality Group Ltd. to Report Q2, 2024 Results on Aug 15, 2024 GreenTree Hospitality Group Ltd. announced that they will report Q2, 2024 results on Aug 15, 2024 Buy Or Sell Opportunity • Aug 01
Now 22% overvalued Over the last 90 days, the stock has fallen 20% to US$2.49. The fair value is estimated to be US$2.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 9.3% in 2 years. Earnings are forecast to grow by 58% in the next 2 years. Reported Earnings • Jun 27
First quarter 2024 earnings released First quarter 2024 results: EPS: CN¥0.58. Revenue: CN¥352.2m (down 7.1% from 1Q 2023). Net income: CN¥58.9m (up 62% from 1Q 2023). Profit margin: 17% (up from 9.6% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Announcement • Jun 23
GreenTree Hospitality Group Ltd. to Report Q1, 2024 Results on Jun 25, 2024 GreenTree Hospitality Group Ltd. announced that they will report Q1, 2024 results on Jun 25, 2024 Buy Or Sell Opportunity • Apr 27
Now 22% overvalued Over the last 90 days, the stock has fallen 4.3% to US$3.10. The fair value is estimated to be US$2.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.4% per annum. Earnings are also forecast to grow by 20% per annum over the same time period. Reported Earnings • Mar 26
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥3.95 (up from CN¥3.71 loss in FY 2022). Revenue: CN¥1.63b (up 74% from FY 2022). Net income: CN¥265.8m (up CN¥648.0m from FY 2022). Profit margin: 16% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. Announcement • Mar 26
GreenTree Hospitality Group Ltd. Provides Earnings Guidance for the Year 2024 GreenTree Hospitality Group Ltd. provided earnings guidance for the year 2024. The company expected total revenues of organic hotel business for the full year of 2024 to grow 7%-12% over the 2023 levels. Furthermore, considering the closure of restaurant LO stores and stores in shopping malls, the company expected total revenues from restaurant and organic hotel businesses for the full year of 2024 to grow 3-5% over the 2023 levels. Announcement • Mar 19
GreenTree Hospitality Group Ltd. to Report Q4, 2023 Results on Mar 25, 2024 GreenTree Hospitality Group Ltd. announced that they will report Q4, 2023 results After-Market on Mar 25, 2024 Buying Opportunity • Nov 29
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 32%. The fair value is estimated to be US$4.85, 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. Meanwhile, the company has become profitable. Revenue is forecast to grow by 78% in 2 years. Earnings is forecast to grow by 2.3% in the next 2 years. Reported Earnings • Nov 24
Third quarter 2023 earnings: EPS exceeds analyst expectations Third quarter 2023 results: CN¥0.59 loss per share (down from CN¥1.15 profit in 3Q 2022). Revenue: CN¥399.7m (down 13% from 3Q 2022). Net loss: CN¥60.4m (down 151% from profit in 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Announcement • Nov 23
Greentree Hospitality Group Ltd. Provides Earnings Guidance for the Full Year 2023 GreenTree Hospitality Group Ltd. provided earnings guidance for the full year 2023. For the year, company revised guidance for the total revenues of its organic hotels upwards. The company now expect them to grow 36% to 38% year-over-year. The company expects total combined revenues from our restaurant and organic hotel business for the full year of 2023 to grow 17% to 19% over the 2022 levels, reflecting the impact of the closure of restaurants. Announcement • Nov 15
GreenTree Hospitality Group Ltd. to Report Q3, 2023 Results on Nov 21, 2023 GreenTree Hospitality Group Ltd. announced that they will report Q3, 2023 results After-Market on Nov 21, 2023 Announcement • Oct 16
GreenTree Hospitality Group Ltd. (NYSE:GHG) announces an Equity Buyback for $10 million worth of its shares. GreenTree Hospitality Group Ltd. (NYSE:GHG) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its outstanding American depositary shares (“ADSs”) and/or Class A ordinary shares. The program is valid over the next 2 years. Announcement • Sep 20
GreenTree Hospitality Group Ltd. Provides Revenue Guidance for the Full Year of 2023 GreenTree Hospitality Group Ltd. announced that taking into account the recovery in long-term trends and short-term industry fluctuations, they expect total revenues of organic hotels for the full year of 2023 to grow 30%-35% of the 2022 levels. Total revenues for restaurant business and organic hotel business, for the full year of 2023 are expected to grow 15%-20% over the 2022 levels. Reported Earnings • Sep 19
Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2023 results: EPS: CN¥1.22 (up from CN¥1.59 loss in 2Q 2022). Revenue: CN¥415.0m (up 82% from 2Q 2022). Net income: CN¥124.3m (up CN¥288.2m from 2Q 2022). Profit margin: 30% (up from net loss in 2Q 2022). Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 47%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Announcement • Sep 16
GreenTree Hospitality Group Ltd. to Report First Half, 2023 Results on Sep 18, 2023 GreenTree Hospitality Group Ltd. announced that they will report first half, 2023 results on Sep 18, 2023 Reported Earnings • Apr 08
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: CN¥3.68 loss per share (down from CN¥1.14 profit in FY 2021). Revenue: CN¥945.1m (down 22% from FY 2021). Net loss: CN¥376.4m (down 421% from profit in FY 2021). Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 49%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Reported Earnings • Dec 28
First half 2022 earnings released: CN¥3.18 loss per share (vs CN¥1.47 profit in 1H 2021) First half 2022 results: CN¥3.18 loss per share (down from CN¥1.47 profit in 1H 2021). Revenue: CN¥457.4m (down 22% from 1H 2021). Net loss: CN¥327.6m (down 317% from profit in 1H 2021). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 15% share price gain to US$3.11, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Hospitality industry in the US. Total loss to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$1.29 per share. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$2.43, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Hospitality industry in the US. Total loss to shareholders of 75% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$1.35 per share. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment deteriorated over the past week After last week's 18% share price decline to US$4.18, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 20x in the Hospitality industry in the US. Total loss to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 19% share price decline to US$5.51, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 19x in the Hospitality industry in the US. Total loss to shareholders of 45% over the past three years. Reported Earnings • Jan 14
Third quarter 2021 earnings: EPS and revenues miss analyst expectations Third quarter 2021 results: EPS: CN¥0.50 (down from CN¥0.81 in 3Q 2020). Revenue: CN¥310.4m (up 16% from 3Q 2020). Net income: CN¥34.4m (down 59% from 3Q 2020). Profit margin: 11% (down from 31% in 3Q 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 73%. Earnings per share (EPS) missed analyst estimates by 73%. Over the next year, revenue is forecast to grow 29%, compared to a 140% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 16% per year. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment deteriorated over the past week After last week's 20% share price decline to US$7.17, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 21x in the Hospitality industry in the US. Total loss to shareholders of 46% over the past three years. Reported Earnings • Nov 20
Second quarter 2021 earnings released: EPS CN¥0.79 (vs CN¥1.01 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥347.1m (up 61% from 2Q 2020). Net income: CN¥81.3m (down 22% from 2Q 2020). Profit margin: 23% (down from 48% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year and the company’s share price has also fallen by 9% per year. Reported Earnings • Jul 31
First quarter 2021 earnings released: EPS CN¥0.68 (vs CN¥0.12 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥241.2m (up 53% from 1Q 2020). Net income: CN¥69.9m (up CN¥81.8m from 1Q 2020). Profit margin: 29% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥8.45, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 24x in the Hospitality industry in the US. Total loss to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥12.74, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 25x in the Hospitality industry in the US. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$13.84 per share. Reported Earnings • May 04
Full year 2020 earnings released: EPS CN¥2.54 (vs CN¥4.34 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥930.0m (down 15% from FY 2019). Net income: CN¥261.3m (down 41% from FY 2019). Profit margin: 28% (down from 41% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Apr 16
Full year 2020 earnings released: EPS CN¥3.83 (vs CN¥4.34 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥930.0m (down 15% from FY 2019). Net income: CN¥261.3m (down 41% from FY 2019). Profit margin: 28% (down from 41% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year. Reported Earnings • Dec 05
Third quarter 2020 earnings released: EPS CN¥0.81 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥266.9m (down 8.6% from 3Q 2019). Net income: CN¥83.3m (down 19% from 3Q 2019). Profit margin: 31% (down from 35% in 3Q 2019). The decrease in margin was driven by lower revenue. Analyst Estimate Surprise Post Earnings • Dec 05
Revenue and earnings miss expectations Revenue missed analyst estimates by 0.6%. Earnings per share (EPS) also missed analyst estimates by 22%. Over the next year, revenue is forecast to grow 40%, compared to a 30% growth forecast for the Hospitality industry in the US. Is New 90 Day High Low • Nov 26
New 90-day low: US$12.45 The company is down 8.0% from its price of US$13.54 on 27 August 2020. The American market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$14.30 per share.