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GreenTree Hospitality Group Ltd. (GHG) Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions of CNY, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19
Revenues936.81,206.1930.01,091.8
            Revenue growth-22.3%29.7%-14.8% 
Cost of goods sold594.0651.4401.7338.8
Gross profit342.8554.8528.4753.0
            Gross margin36.6%46.0%56.8%69.0%
Sales and marketing38.566.975.385.0
General and administrative210.8256.2160.4185.0
EBITA-346.6162.4325.4507.6
            EBITA margin-37.0%13.5%35.0%46.5%
Amortization of intangibles5.38.56.23.0
EBIT-351.9153.9319.3504.6
            EBIT margin-37.6%12.8%34.3%46.2%
Pre-tax income-459.1222.2354.3626.1
Income taxes-45.6108.9110.5189.6
            Tax rate9.9%49.0%31.2%30.3%
Net income-382.2117.4261.3442.7
            Net margin-40.8%9.7%28.1%40.5%
 
Diluted EPS$353,904,591.67$1.14$2.54$4.34
Shares outstanding (diluted)0.0103.0103.0102.1
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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