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Gree Electric Appliances, Inc. of Zhuhai (000651.SZ)

CNY39.83 +0.65 (+1.66%)
CN SHZ Consumer Cyclical Furnishings, Fixtures & Appliances
Address Jinji West Road 519070
Zhuhai, CN
CEO Wei Zhang
IPO 1996-11-18
ISIN CNE0000001D4

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Description

Gree Electric Appliances, Inc. of Zhuhai, based in Zhuhai, China, functions as a global producer and vendor of a vast array of household and commercial appliances. The company's extensive product portfolio encompasses a broad spectrum of climate control solutions, including residential and central air conditioning units, advanced commercial VRF (Variable Refrigerant Flow) systems, industrial chillers (both screw and centrifugal types), refrigeration equipment, and heat pumps. Beyond temperature regulation, Gree supplies a diverse collection of home and kitchen appliances. This range features washing machines, air coolers, air circulation fans, air purifiers, sweeping robots, desktop water dispensers, and innovative folding baseboard heaters. For the kitchen, offerings extend to range hoods, stoves, gas water heaters, steam ovens, dishwashers, sparkling water makers, air fryers, and specialized health pots. Furthermore, Gree develops and manufactures various specialized industrial components. These include household VRF rotors, commercial AC VRF scrolls, air-cooled magnetic bearings, drive motors for air compressors, servo systems, and permanent magnet auxiliary synchronous reluctance motors. In addition to its core manufacturing, the enterprise diversifies its operations by offering financial services and producing essential electrical components such as varnished wires and capacitors. Established in 1989, the company initially operated under the name Haili Air-conditioning Engineering Co., Ltd. of Zhuhai, before adopting its current corporate identity, Gree Electric Appliances, Inc. of Zhuhai, in 1994.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY39.83 +0.65 (+1.66%)
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Volume Profile
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Liquidity & share structure
Average Volume
43M
Beta
0.35
Float Shares
3.81B
Free Float %
68.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.30% +1.10% +8.03% +4.97% -1.97% +0.30% -13.99% +17.71% -31.72% +109.89% +5,106.24%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
39.83
DCF (Unlevered) 79.03 +98.4%
DCF (Levered) 92.65 +132.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 75% Bullish
Rating 2026-05 Change
Strong Buy 7 0
Buy 11 -1
Hold 4 0
Sell 2 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.95
Grey zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
A+
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Furnishings, Fixtures & Appliances: +2.7%
    -9.5% Q1'26: +3.8% (vs Q1'25)
  • EPS growth Furnishings, Fixtures & Appliances: +4.0%
    -10.8% Q1'26: +1.9% (vs Q1'25)
  • FCF margin FCF growth · Furnishings, Fixtures & Appliances: +24.2%
    +15.0% Q1'26: +17.1% (vs Q1'25)
  • EBIT margin Furnishings, Fixtures & Appliances: +6.9%
    +18.0% Q1'26: +17.0% (vs Q1'25)
  • ROIC Furnishings, Fixtures & Appliances: +6.4%
    +34.3% Q1'26: +27.5% (vs Q1'25)
  • Share dilution Furnishings, Fixtures & Appliances: +0.1%
    +1.0% Q1'26: +1.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Furnishings, Fixtures & Appliances: -0.16×
    2.00× Q1'26: 3.13× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.38) × ERP
WACC = 76% × Ke + 24% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 79.03 Current price: 39.83
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
20 Rev. Ana.
7 EPS Ana.
Dec 2027
22 Rev. Ana.
7 EPS Ana.
Dec 2028
10 Rev. Ana.
5 EPS Ana.
Dec 2029
15 Rev. Ana.
2 EPS Ana.
Dec 2030
11 Rev. Ana.
5 EPS Ana.
Revenue
97.75B
est: 108.53B (-9.9%)
108.30B
est: 106.98B (+1.2%)
148.29B
est: 142.95B (+3.7%)
198.12B
est: 195.76B (+1.2%)
198.16B
est: 203.24B (-2.5%)
168.20B
est: 172.28B (-2.4%)
187.87B
est: 184.48B (+1.8%)
188.99B
est: 199.65B (-5.3%)
203.98B
est: 205.73B (-0.9%)
189.16B
est: 204.46B (-7.5%)
171.12B
est: 184.95B (-7.5%)
180.27B
158.64B – 201.84B
-2.5% YoY
187.20B
161.05B – 211.53B
+3.8% YoY
194.13B
168.88B – 218.39B
+3.7% YoY
234.13B
203.68B – 263.38B
+20.6% YoY
247.22B
215.06B – 278.10B
+5.6% YoY
EBITDA
11.64B
est: 16.96B (-31.4%)
13.83B
est: 16.72B (-17.3%)
26.24B
est: 22.34B (+17.5%)
30.74B
est: 30.59B (+0.5%)
27.97B
est: 31.76B (-11.9%)
23.77B
est: 26.92B (-11.7%)
25.63B
est: 28.83B (-11.1%)
28.60B
est: 31.20B (-8.3%)
32.30B
est: 32.15B (+0.5%)
36.68B
est: 34.75B (+5.5%)
35.90B
est: 31.43B (+14.2%)
30.64B
26.96B – 34.30B
-2.5% YoY
31.82B
27.37B – 35.95B
+3.8% YoY
33.00B
28.70B – 37.12B
+3.7% YoY
39.79B
34.62B – 44.76B
+20.6% YoY
42.02B
36.55B – 47.27B
+5.6% YoY
EBIT
10.33B
est: 14.35B (-28.0%)
12.02B
est: 14.15B (-15.0%)
24.21B
est: 18.90B (+28.1%)
27.63B
est: 25.89B (+6.8%)
24.78B
est: 26.87B (-7.8%)
20.18B
est: 22.78B (-11.4%)
21.98B
est: 24.39B (-9.9%)
23.63B
est: 26.40B (-10.5%)
27.02B
est: 27.20B (-0.7%)
31.53B
est: 29.50B (+6.9%)
30.85B
est: 26.69B (+15.6%)
26.01B
22.89B – 29.12B
-2.5% YoY
27.01B
23.24B – 30.52B
+3.8% YoY
28.01B
24.37B – 31.51B
+3.7% YoY
33.78B
29.39B – 38.00B
+20.6% YoY
35.67B
31.03B – 40.13B
+5.6% YoY
Net Income
12.53B
est: 12.44B (+0.8%)
15.46B
est: 13.39B (+15.5%)
22.40B
est: 19.12B (+17.2%)
26.20B
est: 24.89B (+5.3%)
24.70B
est: 24.07B (+2.6%)
22.18B
est: 19.09B (+16.2%)
23.06B
est: 21.44B (+7.6%)
24.51B
est: 24.70B (-0.8%)
29.02B
est: 27.42B (+5.8%)
32.18B
est: 31.16B (+3.3%)
29.00B
est: 30.79B (-5.8%)
30.39B
25.53B – 33.17B
-1.3% YoY
31.94B
25.16B – 34.92B
+5.1% YoY
33.52B
27.85B – 38.97B
+4.9% YoY
39.32B
32.67B – 45.71B
+17.3% YoY
41.22B
34.25B – 47.91B
+4.8% YoY
SGA
20.56B
est: 9.94B (+106.8%)
21.96B
est: 9.80B (+124.1%)
19.11B
est: 13.09B (+46.0%)
23.27B
est: 17.93B (+29.7%)
22.11B
est: 18.62B (+18.7%)
16.65B
est: 15.78B (+5.5%)
15.63B
est: 16.90B (-7.5%)
16.55B
est: 18.29B (-9.5%)
21.34B
est: 18.84B (+13.3%)
15.81B
est: 17.93B (-11.8%)
13.59B
est: 16.22B (-16.2%)
15.81B
13.91B – 17.70B
-2.5% YoY
16.42B
14.12B – 18.55B
+3.8% YoY
17.02B
14.81B – 19.15B
+3.7% YoY
20.53B
17.86B – 23.10B
+20.6% YoY
21.68B
18.86B – 24.39B
+5.6% YoY
EPS
2.08
est: 2.25 (-7.7%)
2.57
est: 2.43 (+5.9%)
3.72
est: 3.46 (+7.4%)
4.36
est: 4.51 (-3.3%)
4.11
est: 4.36 (-5.7%)
3.71
est: 3.46 (+7.3%)
4.04
est: 3.88 (+4.0%)
4.43
est: 4.47 (-1.0%)
5.22
est: 4.97 (+5.1%)
5.83
est: 5.59 (+4.3%)
5.20
est: 5.52 (-5.8%)
5.45
4.58 – 5.95
-1.3% YoY
5.73
4.51 – 6.26
+5.1% YoY
6.01
4.99 – 6.99
+4.9% YoY
7.05
5.86 – 8.20
+17.3% YoY
7.39
6.14 – 8.59
+4.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-05-11 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-05-08 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-05-07 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-05-06 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-04-30 A+ 4/5 5/5 5/5 5/5 1/5 4/5 4/5
2026-04-29 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-28 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-27 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-24 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-23 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-22 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-21 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-20 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-17 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-16 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
37.96B
OE per share TTM
6.86
Owner's Yield
16.86%
Maintenance CapEx ratio
2.50%
Maint CapEx / Avg PPE
18.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 149 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Global X - MSCI SuperDividend Emerging Markets ETF SDEM 1.84% 814.9K 0.66%
2 Kodex FTSE China A50 169950.KS 0.76% 116.6K 0.12%
3 VanEck - FTSE China A50 ETF CETF.AX 0.73% 185.2K 0.60%
4 Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF EMHD.L 0.65% 1.85M 0.49%
5 Xtrackers Harvest CSI 300 China A-Shares ETF ASHR 0.64% 8.66M 0.65%
6 Rayliant-ChinaAMC Transformative China Tech ETF CNQQ 0.63% 141.8K 0.75%
7 Global X - MSCI China Consumer Discretionary ETF CHIQ 0.62% 760.5K 0.65%
8 Xtrackers Harvest CSI300 UCITS ETF 1D ASHR.L 0.62% 1.94M 0.65%
9 WisdomTree China ex-State-Owned Enterprises Fund CXSE 0.62% 3.06M 0.32%
10 Xtrackers Harvest CSI A500 UCITS ETF 1D AH50.L 0.55% 89.4K 0.65%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
423.7K
Shares Outstanding
5.57B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Hua Liu Vice President male
Jianxiong Liao Chief Financial Officer & Assistant to the President male
Kai Wang Vice President male
Luqun Lu Director of Sales
Rongyao Bai Assistant to the President
Wei Zhang President & Director male
Xiangjian Fang Vice President male
Yanzi Liu Head of Accounting Department
Yusheng Hu Vice President
Zhouhu Zhang Board Secretary male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits