GreenTree Hospitality Group Ltd. (GHG)
GreenTree Hospitality Group Ltd. reported revenue of 156.9M USD for the year ending 31 December 2025, down 14.7% from 184.1M a year earlier.
Every figure below is the company's own, as filed. Nothing is estimated and
nothing is smoothed — a period the filing does not support is left blank rather than
filled in.
Quarters are the company's own, counted from its financial
year ending 12-31.
Amounts in USD.
The same series drawn ›
As last reported
The newest period the filing supports for each figure, in USD.
| Figure | Period | Amount | Year on year |
|---|
| Revenue |
2025 · ending 31 December 2025 |
156.9M |
-14.7% |
| Gross Profit |
2025 · ending 31 December 2025 |
54.8M |
-23.3% |
| Operating Income |
2025 · ending 31 December 2025 |
8.1M |
-63.5% |
| Net Income |
2025 · ending 31 December 2025 |
23.9M |
+58.3% |
| Cost of Revenue |
2025 · ending 31 December 2025 |
102.2M |
-9.4% |
| Operating Cash Flow |
2025 · ending 31 December 2025 |
40.2M |
-21.4% |
| Free Cash Flow |
2025 · ending 31 December 2025 |
2.9M |
-92.9% |
Revenue and profit by financial year
As filed, in USD. A year the filing does not support is not listed.
| Year | Ending |
Revenue | Operating Income | Net Income | Free Cash Flow |
|---|
| 2025 | 2025-12-31 |
156.9M | 8.1M | 23.9M | 2.9M |
|---|
| 2024 | 2024-12-31 |
184.1M | 22.2M | 15.1M | 40.2M |
|---|
| 2023 | 2023-12-31 |
229.2M | 47.3M | 37.9M | 51.7M |
|---|
| 2022 | 2022-12-31 |
135.8M | -64.2M | -55.4M | 32.4M |
|---|
| 2021 | 2021-12-31 |
189.3M | 24.2M | 18.4M | 3M |
|---|
| 2020 | 2020-12-31 |
142.5M | 48.9M | 40.1M | 28.1M |
|---|
| 2019 | 2019-12-31 |
156.8M | 72.5M | 63.6M | 43.2M |
|---|
| 2018 | 2018-12-31 |
137.4M | 77.8M | 57.3M | 60.6M |
|---|
Every period
Revenue Annual
| Period | Ending | Revenue |
|---|
| FY25 | 2025-12-31 | 156.9M |
|---|
| FY24 | 2024-12-31 | 184.1M |
|---|
| FY23 | 2023-12-31 | 229.2M |
|---|
| FY22 | 2022-12-31 | 135.8M |
|---|
| FY21 | 2021-12-31 | 189.3M |
|---|
Gross Profit Annual
Revenue minus cost of sales. This filer tags no gross profit of its own..
| Period | Ending | Gross Profit |
|---|
| FY25 | 2025-12-31 | 54.8M |
|---|
| FY24 | 2024-12-31 | 71.4M |
|---|
| FY23 | 2023-12-31 | 95.8M |
|---|
| FY22 | 2022-12-31 | 49.7M |
|---|
| FY21 | 2021-12-31 | 87.1M |
|---|
Operating Income Annual
| Period | Ending | Operating Income |
|---|
| FY25 | 2025-12-31 | 8.1M |
|---|
| FY24 | 2024-12-31 | 22.2M |
|---|
| FY23 | 2023-12-31 | 47.3M |
|---|
| FY22 | 2022-12-31 | -64.2M |
|---|
| FY21 | 2021-12-31 | 24.2M |
|---|
Net Income Annual
| Period | Ending | Net Income |
|---|
| FY25 | 2025-12-31 | 23.9M |
|---|
| FY24 | 2024-12-31 | 15.1M |
|---|
| FY23 | 2023-12-31 | 37.9M |
|---|
| FY22 | 2022-12-31 | -55.4M |
|---|
| FY21 | 2021-12-31 | 18.4M |
|---|
Cost of Revenue Annual
| Period | Ending | Cost of Revenue |
|---|
| FY25 | 2025-12-31 | 102.2M |
|---|
| FY24 | 2024-12-31 | 112.7M |
|---|
| FY23 | 2023-12-31 | 133.4M |
|---|
| FY22 | 2022-12-31 | 86.1M |
|---|
| FY21 | 2021-12-31 | 102.2M |
|---|
Operating Cash Flow Annual
| Period | Ending | Operating Cash Flow |
|---|
| FY25 | 2025-12-31 | 40.2M |
|---|
| FY24 | 2024-12-31 | 51.2M |
|---|
| FY23 | 2023-12-31 | 64.1M |
|---|
| FY22 | 2022-12-31 | 42.4M |
|---|
| FY21 | 2021-12-31 | 56.6M |
|---|
Free Cash Flow Annual
Operating cash flow minus capital expenditure.
| Period | Ending | Free Cash Flow |
|---|
| FY25 | 2025-12-31 | 2.9M |
|---|
| FY24 | 2024-12-31 | 40.2M |
|---|
| FY23 | 2023-12-31 | 51.7M |
|---|
| FY22 | 2022-12-31 | 32.4M |
|---|
| FY21 | 2021-12-31 | 3M |
|---|