GreenTree Hospitality reports Q3 core EPS RMB0.92 vs. RMB1.25 last year
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 21 2024
0mins
Q3 Revenue Decline: The company reported Q3 revenue of RMB356.98 million, down from RMB460.88 million in the previous year.
Decrease in Room Rates and RevPAR: The average daily room rate fell by 6.0% to RMB181, while RevPAR decreased by 13.6% year-over-year to RMB135.
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Analyst Views on GHG
About GHG
GreenTree Hospitality Group Ltd is a China-based company principally engaged in the operation of franchised hotels. The Company’s hotel network is mostly comprised of franchised-and-managed hotels. The Company is dedicated to operate mid-scale hotels and its main brand is called GreenTree Inns. The Company operates its business mainly in China.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
GreenTree Hospitality Files 2025 Annual Report
- Annual Report Filing: GreenTree Hospitality Group filed its annual report for the fiscal year ending December 31, 2025, with the SEC on April 30, 2026, demonstrating the company's ongoing commitment to transparency and compliance.
- Hotel and Restaurant Count: As of 2025, GreenTree operates 4,580 hotels and 191 restaurants in China, showcasing its significant market presence and extensive coverage in the domestic hospitality sector.
- Industry Ranking: In 2024, HOTELS magazine ranked GreenTree 13th among the 225 largest global hotel groups, further solidifying its leadership position within the industry.
- Brand Diversity: GreenTree boasts a diverse portfolio ranging from economy to luxury brands, aiming to enhance customer satisfaction and market competitiveness through strong client relationships and efficient management systems.
See More
GreenTree Hospitality Files 2025 Annual Report
- Annual Report Filing: GreenTree Hospitality filed its annual report for the fiscal year ending December 31, 2025, with the SEC on April 30, 2026, demonstrating the company's ongoing commitment to transparency and regulatory compliance.
- Hotel and Restaurant Count: As of 2025, GreenTree operates 4,580 hotels and 191 restaurants in China, reflecting its strong presence and capacity for business expansion in the domestic market.
- Industry Ranking: In 2024, HOTELS magazine ranked GreenTree 13th among the 225 largest global hotel groups, further solidifying its leadership position within the industry.
- Diverse Brand Portfolio: GreenTree boasts a diverse brand portfolio ranging from economy to luxury segments, aiming to enhance customer satisfaction and market competitiveness through superior client relationships and efficient management systems.
See More
GreenTree Hospitality Q4 Financial Results Analysis
- Revenue Performance: GreenTree Hospitality reported Q4 revenue of $32.7 million, indicating stability in the market despite a year-over-year decline.
- Net Loss: The company recorded a net income of RMB -55.7 million (approximately -$8.0 million), which is an improvement from RMB -72.8 million in Q4 2024, suggesting a narrowing of losses.
- Core Net Income Growth: Core net income reached RMB 63.2 million (approximately $9.0 million), up from RMB 57.8 million in Q4 2024, reflecting enhanced profitability in core operations.
- Financial Health: Although the overall net profit is negative, the growth in core net income and stable revenue indicate GreenTree's resilience and potential recovery capability in facing market challenges.
See More
GreenTree Hospitality Group Reports 2025 Fiscal Year Financial Results
- Revenue Decline: Total revenues for fiscal year 2025 were RMB 1.097 billion (approximately $156.9 million), reflecting an 18.3% year-over-year decrease primarily due to declining RevPAR in both hotel and restaurant segments and the closure of multiple locations, indicating intensified market competition and operational challenges.
- Hotel Performance: Hotel revenues for 2025 amounted to RMB 85 million (approximately $12.2 million), a 20.9% year-over-year decline driven by the closure of 15 L&O hotels and a 9.5% drop in RevPAR, highlighting the pressure and need for strategic adjustments within the market.
- Restaurant Sector Struggles: Restaurant revenues were RMB 39.1 million (approximately $5.6 million), down 39.9% year-over-year, mainly due to a reduction in the number of L&O stores and a 21.8% decrease in ADS, suggesting a need for reevaluation of the company's strategy in the dining sector.
- Cost Control Efforts: Total operating costs for 2025 were RMB 714 million (approximately $102.2 million), representing a 13.2% year-over-year decrease, demonstrating the company's efforts in cost management, yet long-term profitability recovery remains a concern.
See More
GreenTree Hospitality Reports Significant Revenue Decline in 2025 Financial Results
- Significant Revenue Decline: Total revenues for Q4 2025 were RMB 228.7 million (US$32.7 million), reflecting a 24.9% year-over-year decrease primarily due to substantial declines in RevPAR and average daily sales in both hotel and restaurant segments, indicating weakened market demand and intensified competition pressures.
- Hotel Operational Data: As of December 31, 2025, GreenTree operated a total of 4,580 hotels with 327,060 rooms, and despite opening 76 new hotels, the overall occupancy rate fell to 64.7% due to a 9.5% decrease in RevPAR, highlighting the sluggish recovery in the industry.
- Restaurant Business Challenges: Restaurant revenues amounted to RMB 39.1 million (US$5.6 million), down 39.9% year-over-year, primarily driven by a 21.8% drop in average daily sales and a reduction in the number of L&O stores, reflecting decreased consumer spending and heightened market competition.
- Net Loss: The net loss for Q4 2025 was RMB 55.7 million (US$8.0 million), showing an improvement from a loss of RMB 72.8 million in Q4 2024, yet still indicating significant financial pressure and operational challenges, necessitating effective measures to restore profitability in the future.
See More
GREENTREE HOSPITALITY REPORTS Q1 CORE NET INCOME OF RMB 63.2 MILLION
- Financial Performance: Green Tree Hospitality reported a core net income of 63.2 million for the first quarter.
- Market Position: The company continues to strengthen its position in the hospitality sector, reflecting positive growth trends.
See More
GreenTree Hospitality Files 2025 Annual Report
- Annual Report Filing: GreenTree Hospitality Group filed its annual report for the fiscal year ending December 31, 2025, with the SEC on April 30, 2026, demonstrating the company's ongoing commitment to transparency and compliance.
- Hotel and Restaurant Count: As of 2025, GreenTree operates 4,580 hotels and 191 restaurants in China, showcasing its significant market presence and extensive coverage in the domestic hospitality sector.
- Industry Ranking: In 2024, HOTELS magazine ranked GreenTree 13th among the 225 largest global hotel groups, further solidifying its leadership position within the industry.
- Brand Diversity: GreenTree boasts a diverse portfolio ranging from economy to luxury brands, aiming to enhance customer satisfaction and market competitiveness through strong client relationships and efficient management systems.
See More
GreenTree Hospitality Files 2025 Annual Report
- Annual Report Filing: GreenTree Hospitality filed its annual report for the fiscal year ending December 31, 2025, with the SEC on April 30, 2026, demonstrating the company's ongoing commitment to transparency and regulatory compliance.
- Hotel and Restaurant Count: As of 2025, GreenTree operates 4,580 hotels and 191 restaurants in China, reflecting its strong presence and capacity for business expansion in the domestic market.
- Industry Ranking: In 2024, HOTELS magazine ranked GreenTree 13th among the 225 largest global hotel groups, further solidifying its leadership position within the industry.
- Diverse Brand Portfolio: GreenTree boasts a diverse brand portfolio ranging from economy to luxury segments, aiming to enhance customer satisfaction and market competitiveness through superior client relationships and efficient management systems.
See More
GreenTree Hospitality Q4 Financial Results Analysis
- Revenue Performance: GreenTree Hospitality reported Q4 revenue of $32.7 million, indicating stability in the market despite a year-over-year decline.
- Net Loss: The company recorded a net income of RMB -55.7 million (approximately -$8.0 million), which is an improvement from RMB -72.8 million in Q4 2024, suggesting a narrowing of losses.
- Core Net Income Growth: Core net income reached RMB 63.2 million (approximately $9.0 million), up from RMB 57.8 million in Q4 2024, reflecting enhanced profitability in core operations.
- Financial Health: Although the overall net profit is negative, the growth in core net income and stable revenue indicate GreenTree's resilience and potential recovery capability in facing market challenges.
See More
GreenTree Hospitality Group Reports 2025 Fiscal Year Financial Results
- Revenue Decline: Total revenues for fiscal year 2025 were RMB 1.097 billion (approximately $156.9 million), reflecting an 18.3% year-over-year decrease primarily due to declining RevPAR in both hotel and restaurant segments and the closure of multiple locations, indicating intensified market competition and operational challenges.
- Hotel Performance: Hotel revenues for 2025 amounted to RMB 85 million (approximately $12.2 million), a 20.9% year-over-year decline driven by the closure of 15 L&O hotels and a 9.5% drop in RevPAR, highlighting the pressure and need for strategic adjustments within the market.
- Restaurant Sector Struggles: Restaurant revenues were RMB 39.1 million (approximately $5.6 million), down 39.9% year-over-year, mainly due to a reduction in the number of L&O stores and a 21.8% decrease in ADS, suggesting a need for reevaluation of the company's strategy in the dining sector.
- Cost Control Efforts: Total operating costs for 2025 were RMB 714 million (approximately $102.2 million), representing a 13.2% year-over-year decrease, demonstrating the company's efforts in cost management, yet long-term profitability recovery remains a concern.
See More
GreenTree Hospitality Reports Significant Revenue Decline in 2025 Financial Results
- Significant Revenue Decline: Total revenues for Q4 2025 were RMB 228.7 million (US$32.7 million), reflecting a 24.9% year-over-year decrease primarily due to substantial declines in RevPAR and average daily sales in both hotel and restaurant segments, indicating weakened market demand and intensified competition pressures.
- Hotel Operational Data: As of December 31, 2025, GreenTree operated a total of 4,580 hotels with 327,060 rooms, and despite opening 76 new hotels, the overall occupancy rate fell to 64.7% due to a 9.5% decrease in RevPAR, highlighting the sluggish recovery in the industry.
- Restaurant Business Challenges: Restaurant revenues amounted to RMB 39.1 million (US$5.6 million), down 39.9% year-over-year, primarily driven by a 21.8% drop in average daily sales and a reduction in the number of L&O stores, reflecting decreased consumer spending and heightened market competition.
- Net Loss: The net loss for Q4 2025 was RMB 55.7 million (US$8.0 million), showing an improvement from a loss of RMB 72.8 million in Q4 2024, yet still indicating significant financial pressure and operational challenges, necessitating effective measures to restore profitability in the future.
See More
GREENTREE HOSPITALITY REPORTS Q1 CORE NET INCOME OF RMB 63.2 MILLION
- Financial Performance: Green Tree Hospitality reported a core net income of 63.2 million for the first quarter.
- Market Position: The company continues to strengthen its position in the hospitality sector, reflecting positive growth trends.
See More
