GreenTree Hospitality Group Ltd.

GHG · XNYS

CIK 1724755fmd_0K4HK36G8V1XS8CP727ZHMM3YTServices · Hotels & MotelsTemplate: Standard

Coverage: Jan 01, 2016 to Dec 31, 2025, 10 periods

Income Statement · Annual · Millions · CNY
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	648	743	906	1,092	930	1,968	1,469	1,627	1,343	1,097
Cost of revenue	240	227	274	339	402	1,313	1,067	947	823	714
Gross profit	408	516	631	753	528	655	403	680	521	383
Realized investment gains (losses)	25	59	(58)	55	–	–	–	–	–	–
Provision for credit losses	–	–	–	–	3	100	161	15	25	42
Selling, general and administrative	105	154	143	270	236	423	328	280	250	185
Compensation and benefits	–	–	–	–	–	–	64	55	49	37
Operating income	312	372	505	505	319	129	(487)	336	162	57
Interest expense	–	1	1	3	3	15	28	14	6	8
Interest and investment income	15	15	20	36	12	61	48	41	–	–
Other non-operating income (expense)	–	–	–	–	–	–	24	23	16	113
Income before taxes	360	457	532	626	354	195	(504)	380	197	205
Income tax expense	84	183	153	190	110	112	(44)	118	89	46
Net income from continuing operations	276	274	380	437	244	83	(460)	262	108	159
Net income	266	274	372	443	261	89	(425)	269	110	167
Net income to common shareholders	–	–	–	443	261	89	(425)	269	110	167