GreenTree Hospitality Group Ltd., through its subsidiaries, develops and sells leased-and-operated, and franchised-and-managed hotels under the GreenTree brand in the People's Republic of China. As of December 31, 2020, it operated 40 leased-and-operated hotels; and had franchised-and-managed hotels network consisting of 4,300 hotels with 315,335 rooms in operation covering 345 cities in China, and an additional 1,186 hotels with 83,106 rooms that were contracted for or under development. The company was founded in 2004 and is headquartered in Shanghai, the People's Republic of China. GreenTree Hospitality Group Ltd. is a subsidiary of GreenTree Inns Hotel Management Group, Inc.
IPO Year: 2018
Exchange: NYSE
Website: 998.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/20/2024 | $4.00 | Underweight → Equal-Weight | Morgan Stanley |
| 8/30/2023 | $4.00 | Equal-Weight → Underweight | Morgan Stanley |
| 1/24/2022 | $17.00 → $7.50 | Overweight → Equal-Weight | Morgan Stanley |
Total revenues decreased by 22.5% year over year to RMB357.0 million (US$50.9 million)[1].Income from operations was RMB106.4 million (US$15.2 million)[1] compared to RMB137.8 million for the third quarter of 2023. Net income was RMB65.2 million (US$9.3 million)[1] compared to RMB117.4 million for the third quarter of 2023.Adjusted EBITDA (non-GAAP)[2] decreased 32.1% year over year to RMB122.5million (US$17.5 million)[1].Core net income (non-GAAP)[3] decreased 26.6% year over year to RMB93.5million (US$13.3 million)[1].SHANGHAI, Nov. 21, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant m
SHANGHAI, Nov. 18, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024, on Thursday November 21, 2024. GreenTree's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on November 21, 2024 (9:00 PM Beijing/Hong Kong Time on November 21, 2024). Dial-in numbers for the live conference call are as follows: International 1-412-902-4272 Mainland China 4001-201203 US 1-888-346-8982 Hong Kong 800-905-945 or 852-3018-4992 Singapore 800-120-6157 Participants should ask
SHANGHAI, Aug. 15, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant management group in China, today announced that its board of directors approved the payment of a cash dividend of US$0.10 per ordinary share, or US$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 Deposi
Total revenues decreased by 20.5% year over year to RMB 329.7million (US$45.4 million)[1].Income from operations was RMB84.4 million (US$11.6 million)[1] compared to RMB98.6 million for the second quarter of 2023. Net income was RMB62.3 million (US$8.6 million)[1] compared to RMB101.9 million for the second quarter of 2023.Adjusted EBITDA (non-GAAP)[2] decreased 34.5% year over year to RMB83.1 million (US$11.4 million)[1].Core net income (non-GAAP)[3] increased 2.4% year over year to RMB70.2million (US$9.7 million)[1]SHANGHAI, Aug. 15, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant mana
SHANGHAI, Aug. 12, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024, on Thursday August 15, 2024. GreenTree's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on August 15, 2024 (8:00 PM Beijing/Hong Kong Time on August 15, 2024). Dial-in numbers for the live conference call are as follows: International 1-412-902-4272 Mainland China 4001-201-203 US 1-888-346-8982 Hong Kong 800-905-945 or 852-3018-4992 Singapore 800-120-6157 Participants
Total revenues decreased 7.1% year over year to RMB352.2 million (US$48.8 million)[1]. Hotel revenues increased 8.8% year over year to RMB274.8 million.Income from operations was RMB72.2 million (US$10 million) compared to RMB52.3 million for the first quarter of 2023. Net income was RMB57.3 million (US$7.9 million) compared to RMB32.6 million for the first quarter of 2023.Adjusted EBITDA (non-GAAP)[2] increased 17.2% year over year to RMB109.4 million (US$15.2 million)[1].Core net income (non-GAAP)[3] increased 21.5% year over year to RMB60.7million (US$ 8.4million)[1]SHANGHAI, June 25, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us"
SHANGHAI, June 22, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024, on Tuesday June 25, 2024. GreenTree's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on June 25, 2024 (8:00 PM Beijing/Hong Kong Time on June 25, 2024). Dial-in numbers for the live conference call are as follows: International 1-412-902-4272 Mainland China 4001-201-203 US 1-888-346-8982 Hong Kong 800-905-945 or 852-3018-4992 Singapore 800-120-6157 Participants should ask to join the Gree
Total revenues increased by 3.2% year over year to RMB372.2 million (US$52.4 million)[1].Income from operations was RMB23.1 million (US$3.2 million) compared to RMB-5.1 million for the fourth quarter of 2022 . Net income was RMB7.4 million (US$1.0 million) compared to RMB-3.8 million for the fourth quarter of 2022.Adjusted EBITDA (non-GAAP)[2] increased by 2.1% year over year to RMB116.3 million (US$16.4 million)[1].SHANGHAI, March 25, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant management group in China, today announced its unaudited financial results for the fourth quarter and fisc
SHANGHAI, March 18, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, after U.S. markets close on Monday March 25, 2024. GreenTree's management will hold an earnings conference call at 9:00 PM U.S. Eastern Time on March 25, 2024 (9:00 AM Beijing/Hong Kong Time on March 26, 2024). Dial-in numbers for the live conference call are as follows: International 1-412-902-4272Mainland China 4001-201-203U
Total revenues increased by 15.3% year over year to RMB460.9 million (US$63.2 million)[[1]].Income from operations was RMB137.8 million (US$18.9 million), compared to RMB3.7 million for the third quarter of 2022 . Net income was RMB117.4 million (US$16.1 million), compared to RMB-62.3 million for the third quarter of 2022.Adjusted EBITDA (non-GAAP)[[2]] increased by 215.0% year over year to RMB173.4 million (US$23.8 million)[1].Core net income (non-GAAP)[[3]] increased by 2625.6% year over year to RMB127.2 million (US$17.4 million)[1]. SHANGHAI, Nov. 21, 2023 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality
Total revenues decreased by 22.5% year over year to RMB357.0 million (US$50.9 million)[1].Income from operations was RMB106.4 million (US$15.2 million)[1] compared to RMB137.8 million for the third quarter of 2023. Net income was RMB65.2 million (US$9.3 million)[1] compared to RMB117.4 million for the third quarter of 2023.Adjusted EBITDA (non-GAAP)[2] decreased 32.1% year over year to RMB122.5million (US$17.5 million)[1].Core net income (non-GAAP)[3] decreased 26.6% year over year to RMB93.5million (US$13.3 million)[1].SHANGHAI, Nov. 21, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant m
SHANGHAI, Nov. 18, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024, on Thursday November 21, 2024. GreenTree's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on November 21, 2024 (9:00 PM Beijing/Hong Kong Time on November 21, 2024). Dial-in numbers for the live conference call are as follows: International 1-412-902-4272 Mainland China 4001-201203 US 1-888-346-8982 Hong Kong 800-905-945 or 852-3018-4992 Singapore 800-120-6157 Participants should ask
SHANGHAI, Aug. 15, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant management group in China, today announced that its board of directors approved the payment of a cash dividend of US$0.10 per ordinary share, or US$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 Deposi
Total revenues decreased by 20.5% year over year to RMB 329.7million (US$45.4 million)[1].Income from operations was RMB84.4 million (US$11.6 million)[1] compared to RMB98.6 million for the second quarter of 2023. Net income was RMB62.3 million (US$8.6 million)[1] compared to RMB101.9 million for the second quarter of 2023.Adjusted EBITDA (non-GAAP)[2] decreased 34.5% year over year to RMB83.1 million (US$11.4 million)[1].Core net income (non-GAAP)[3] increased 2.4% year over year to RMB70.2million (US$9.7 million)[1]SHANGHAI, Aug. 15, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant mana
SHANGHAI, Aug. 12, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024, on Thursday August 15, 2024. GreenTree's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on August 15, 2024 (8:00 PM Beijing/Hong Kong Time on August 15, 2024). Dial-in numbers for the live conference call are as follows: International 1-412-902-4272 Mainland China 4001-201-203 US 1-888-346-8982 Hong Kong 800-905-945 or 852-3018-4992 Singapore 800-120-6157 Participants
Total revenues decreased 7.1% year over year to RMB352.2 million (US$48.8 million)[1]. Hotel revenues increased 8.8% year over year to RMB274.8 million.Income from operations was RMB72.2 million (US$10 million) compared to RMB52.3 million for the first quarter of 2023. Net income was RMB57.3 million (US$7.9 million) compared to RMB32.6 million for the first quarter of 2023.Adjusted EBITDA (non-GAAP)[2] increased 17.2% year over year to RMB109.4 million (US$15.2 million)[1].Core net income (non-GAAP)[3] increased 21.5% year over year to RMB60.7million (US$ 8.4million)[1]SHANGHAI, June 25, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us"
SHANGHAI, June 22, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024, on Tuesday June 25, 2024. GreenTree's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on June 25, 2024 (8:00 PM Beijing/Hong Kong Time on June 25, 2024). Dial-in numbers for the live conference call are as follows: International 1-412-902-4272 Mainland China 4001-201-203 US 1-888-346-8982 Hong Kong 800-905-945 or 852-3018-4992 Singapore 800-120-6157 Participants should ask to join the Gree
SHANGHAI, April 30, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission ("SEC") on April 30, 2024 U.S. Eastern Time. The annual report can be accessed on the Company's investor relations website at http://ir.998.com/ as well as the SEC's website at http://www.sec.gov. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.
Total revenues increased by 3.2% year over year to RMB372.2 million (US$52.4 million)[1].Income from operations was RMB23.1 million (US$3.2 million) compared to RMB-5.1 million for the fourth quarter of 2022 . Net income was RMB7.4 million (US$1.0 million) compared to RMB-3.8 million for the fourth quarter of 2022.Adjusted EBITDA (non-GAAP)[2] increased by 2.1% year over year to RMB116.3 million (US$16.4 million)[1].SHANGHAI, March 25, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality and restaurant management group in China, today announced its unaudited financial results for the fourth quarter and fisc
SHANGHAI, March 18, 2024 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, after U.S. markets close on Monday March 25, 2024. GreenTree's management will hold an earnings conference call at 9:00 PM U.S. Eastern Time on March 25, 2024 (9:00 AM Beijing/Hong Kong Time on March 26, 2024). Dial-in numbers for the live conference call are as follows: International 1-412-902-4272Mainland China 4001-201-203U
Morgan Stanley upgraded Greentree Hospitality from Underweight to Equal-Weight and set a new price target of $4.00
Morgan Stanley downgraded Greentree Hospitality from Equal-Weight to Underweight and set a new price target of $4.00
Morgan Stanley downgraded GreenTree Hospitality Gr from Overweight to Equal-Weight and set a new price target of $7.50 from $17.00 previously
SHANGHAI, Dec. 16, 2021 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG) ("GreenTree", the "Company", "we", "us" and "our"), a leading hospitality management group in China, today announced that it held its 2021 annual general meeting of shareholders on December 16, 2021. During the meeting, the shareholders of the Company passed an ordinary resolution approving the re-appointment of Ernst & Young Hua Ming LLP as independent auditor of the Company for the fiscal year ending December 31, 2021. About GreenTree Hospitality Group Ltd. GreenTree Hospitality Group Ltd. ("GreenTree" or the "Company") (NYSE:GHG) is a leading hospitality management group in China. As of June 30, 2021, Gree
SHANGHAI, Nov. 5, 2021 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE:GHG), a leading hospitality management group in China ("GreenTree" or the "Company"), today announced that it will hold its annual general meeting of shareholders at 2451 Hongqiao Road, Changning District, Shanghai 200335, People's Republic of China on December 15, 2021 at 9:00 PM U.S. Eastern Time (10:00 AM Beijing/Hong Kong Time on December 16, 2021) for the following purpose: To approve the re-appointment of Ernst & Young Hua Ming LLP as independent auditor of the Company [1] for the fiscal year ending December 31, 2021. Holders of record of ordinary shares of the Company at the close of business on November 15,
BEIJING, May 25, 2021 /PRNewswire/ -- China Finance Online Co. Limited ("China Finance Online", or the "Company", "we", "us" or "our") (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese individual investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers, today announced the following changes to its board of directors (the "Board") and senior management. Mr. Zhiwei Zhao has resigned from his position as the Chief Executive Officer of the Company (the "CEO") and Dr. Z. James Chen has been a
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The company said it is withdrawing our guidance for the restaurant business given the significant revenue unpredictability resulting from its strategic repositioning.
Guidance Taking into account the recovery in long-term trends and short-term industry fluctuations, we expect total revenues of our 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, we expect total revenues from our restaurant and organic hotel businesses for the full year of 2024 to grow 3-5% over the 2023 levels.
GreenTree Hospitality Gr (NYSE:GHG) reported quarterly adjusted earnings of $0.47 per share. This is a 88 percent increase over earnings of $0.25 per share from the same period last year. The company reported $229.19 million in sales this quarter. This is a 67.25 percent increase over sales of $137.03 million the same period last year.
Gainers Cato (NYSE:CATO) shares rose 8.6% to $5.79 during Monday's after-market session. The market value of their outstanding shares is at $119.1 million. As per the press release, Q4 earnings came out 2 days ago. SunCar Tech Gr (NASDAQ:SDA) stock increased by 8.08% to $7.22. The market value of their outstanding shares is at $636.1 million. Noodles (NASDAQ:NDLS) stock rose 4.86% to $1.94. The market value of their outstanding shares is at $87.2 million. GreenTree Hospitality Gr (NYSE:GHG) shares moved upwards by 4.61% to $3.4. The company's market cap stands at $347.4 million. As per the press release, FY earnings came out today. Visionary Holdings (NASDAQ:GV) shares rose 4.52% to $0.
Companies Reporting Before The Bell • Bitcoin Depot (NASDAQ:BTM) is expected to report quarterly loss at $0.08 per share on revenue of $161.50 million. • Syra Health (NASDAQ:SYRA) is likely to report quarterly loss at $0.09 per share on revenue of $2.23 million. • Theriva Biologics (AMEX:TOVX) is likely to report earnings for its fourth quarter. • LightInTheBox Holding (NYSE:LITB) is projected to report earnings for its fourth quarter. • D-MARKET Electronic (NASDAQ:HEPS) is estimated to report earnings for its fourth quarter. • Viomi Technology Co (NASDAQ:VIOT) is expected to report earnings for its Fiscal Year 2023. Companies Reporting After The Bell • GreenTree Hospitality Gr (NYSE
Gainers E-Home Household Service (NASDAQ:EJH) stock moved upwards by 28.0% to $0.67 during Thursday's regular session. The company's market cap stands at $10.0 million. Yunhong Green CTI (NASDAQ:YHGJ) shares rose 21.66% to $2.19. The market value of their outstanding shares is at $44.0 million. REE Automotive (NASDAQ:REE) shares moved upwards by 17.27% to $5.5. The company's market cap stands at $46.0 million. GreenTree Hospitality Gr (NYSE:GHG) shares rose 12.69% to $3.55. The company's market cap stands at $362.7 million. Hesai Gr (NASDAQ:HSAI) shares rose 9.42% to $8.36. The market value of their outstanding shares is at $1.0 billion. Fitell (NASDAQ:FTEL) stock moved upwards by 8.65
Gainers Esports Entertainment (NASDAQ:GMBLP) shares increased by 52.2% to $3.06 during Wednesday's regular session. Vince Holding (NYSE:VNCE) shares increased by 30.7% to $2.98. The market value of their outstanding shares is at $37.2 million. Dogness (Intl) (NASDAQ:DOGZ) stock increased by 25.0% to $5.0. The company's market cap stands at $10.0 million. Mynd.ai (AMEX:MYND) stock moved upwards by 17.17% to $5.52. Jiuzi Hldgs (NASDAQ:JZXN) stock increased by 14.18% to $0.74. The market value of their outstanding shares is at $3.0 million. Fitell (NASDAQ:FTEL) stock moved upwards by 13.98% to $1.61. The company's market cap stands at $17.9 million. Losers Volcon (NASDAQ:VLCN) stock de
U.S. stocks traded mixed, with the Dow Jones index gaining around 70 points on Wednesday. Shares of Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) fell sharply during Wednesday’s session after the company announced a clinical program update for LN-145 TIL therapy in non-small lung cancer (NSCLC). The FDA placed a clinical hold on the IOV-LUN-202 trial on December 22, 2023, in response to a recently reported Grade 5 (fatal) serious adverse event potentially related to the non-myeloablative lymphodepletion pre-conditioning regimen. Iovance Biotherapeutics shares dipped 20.4% to $7.07 on Wednesday. Here are some other big stocks recording gains in today’s session. Nukkleus Inc. (NASDAQ:NUKK
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