GreenTree Hospitality Group Ltd
GreenTree Hospitality Group Ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels and restaurants in the People's Republic of China. It engages in the food manufacturing business; and provision of information technology services. The company's wholesale business includes sale of prepared meals and frozen foods to supermarkets, distributors, and restaurant… Read more
GreenTree Hospitality Group Ltd (GHG) - Net Assets
Latest net assets as of September 2025: $1.73 Billion USD
Based on the latest financial reports, GreenTree Hospitality Group Ltd (GHG) has net assets worth $1.73 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.18 Billion) and total liabilities ($3.45 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.73 Billion |
| % of Total Assets | 33.42% |
| Annual Growth Rate | 7.52% |
| 5-Year Change | -33.66% |
| 10-Year Change | N/A |
| Growth Volatility | 73.15 |
GreenTree Hospitality Group Ltd - Net Assets Trend (2015–2024)
This chart illustrates how GreenTree Hospitality Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GreenTree Hospitality Group Ltd (2015–2024)
The table below shows the annual net assets of GreenTree Hospitality Group Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.49 Billion | +0.85% |
| 2023-12-31 | $1.48 Billion | -0.98% |
| 2022-12-31 | $1.49 Billion | -29.97% |
| 2021-12-31 | $2.13 Billion | -5.14% |
| 2020-12-31 | $2.25 Billion | +15.14% |
| 2019-12-31 | $1.95 Billion | +4.88% |
| 2018-12-31 | $1.86 Billion | +219.60% |
| 2017-12-31 | $582.96 Million | -43.23% |
| 2016-12-31 | $1.03 Billion | +32.13% |
| 2015-12-31 | $777.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GreenTree Hospitality Group Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 248.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $338.12 Million | 23.18% |
| Other Comprehensive Income | $6.03 Million | 0.41% |
| Other Components | $1.57 Billion | 107.83% |
| Total Equity | $1.46 Billion | 100.00% |
GreenTree Hospitality Group Ltd Competitors by Market Cap
The table below lists competitors of GreenTree Hospitality Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Healthcare Triangle Inc
NASDAQ:HCTI
|
$12.80 Million |
|
Luster Industries Bhd
KLSE:5068
|
$12.81 Million |
|
Nagarjuna Fertilizers and Chemicals Limited
NSE:NAGAFERT
|
$12.81 Million |
|
Bukit Jalil Global Acquisition 1 Ltd. Ordinary Shares
NASDAQ:BUJA
|
$12.81 Million |
|
Lung Hwa Electronics Co Ltd
TW:2424
|
$12.80 Million |
|
Earth Science Tech Inc
PINK:ETST
|
$12.79 Million |
|
Theradiag SA
PA:ALTHE
|
$12.79 Million |
|
NBI Bearings Europe S.A.
MC:NBI
|
$12.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GreenTree Hospitality Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,442,218,280 to 1,458,746,130, a change of 16,527,850 (1.1%).
- Net income of 110,002,230 contributed positively to equity growth.
- Dividend payments of 70,936,321 reduced retained earnings.
- Share repurchases of 365,284 reduced equity.
- Other comprehensive income decreased equity by 22,368,019.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $110.00 Million | +7.54% |
| Dividends Paid | $70.94 Million | -4.86% |
| Share Repurchases | $365.28K | -0.03% |
| Other Comprehensive Income | $-22.37 Million | -1.53% |
| Other Changes | $195.24K | +0.01% |
| Total Change | $- | 1.15% |
Book Value vs Market Value Analysis
This analysis compares GreenTree Hospitality Group Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.09x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.33x to 0.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $3.82 | $1.26 | x |
| 2016-12-31 | $5.05 | $1.26 | x |
| 2017-12-31 | $5.74 | $1.26 | x |
| 2018-12-31 | $18.71 | $1.26 | x |
| 2019-12-31 | $17.61 | $1.26 | x |
| 2020-12-31 | $20.41 | $1.26 | x |
| 2021-12-31 | $18.91 | $1.26 | x |
| 2022-12-31 | $15.65 | $1.26 | x |
| 2023-12-31 | $14.13 | $1.26 | x |
| 2024-12-31 | $14.37 | $1.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GreenTree Hospitality Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.54%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.19%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 3.39x
- Recent ROE (7.54%) is below the historical average (16.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 30.37% | 37.15% | 0.45x | 1.81x | $158.16 Million |
| 2016 | 25.92% | 41.06% | 0.35x | 1.83x | $163.35 Million |
| 2017 | 48.99% | 36.68% | 0.44x | 3.01x | $227.14 Million |
| 2018 | 21.25% | 41.70% | 0.31x | 1.63x | $208.63 Million |
| 2019 | 24.63% | 40.55% | 0.29x | 2.12x | $262.97 Million |
| 2020 | 12.43% | 28.10% | 0.23x | 1.95x | $51.04 Million |
| 2021 | 4.55% | 4.51% | 0.42x | 2.43x | $-106.20 Million |
| 2022 | -26.38% | -44.98% | 0.19x | 3.17x | $-586.33 Million |
| 2023 | 18.67% | 16.55% | 0.32x | 3.51x | $125.09 Million |
| 2024 | 7.54% | 8.19% | 0.27x | 3.39x | $-35.87 Million |
Industry Comparison
This section compares GreenTree Hospitality Group Ltd's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $1,970,545,872
- Average return on equity (ROE) among peers: 4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GreenTree Hospitality Group Ltd (GHG) | $1.73 Billion | 30.37% | 1.99x | $12.80 Million |
| Accor SA (ACRFF) | $4.46 Billion | 9.02% | 1.63x | $6.73 Billion |
| AGORA Hospitality Group Co. Ltd (AGORF) | $12.29 Billion | -2.19% | 0.76x | $22.95 Million |
| Atour Lifestyle Holdings Limited American Depositary Shares (ATAT) | $1.19 Billion | 8.41% | 3.01x | $4.79 Billion |
| Buck Hill Falls Company (BUHF) | $989.27K | 5.53% | 2.14x | $120.32K |
| The Castle Group Inc (CAGU) | $1.65 Million | 10.61% | 6.71x | $3.95K |
| Choice Hotels International Inc (CHH) | $49.30 Million | 55.38% | 6.63x | $3.30 Billion |
| Clarke Inc (CLKFF) | $168.60 Million | -11.39% | 0.84x | $49.67 Million |
| Candlewood Hotel Company Inc (CNDL) | $-45.47 Million | 0.00% | 0.00x | $0.91 |
| Civeo Corp (CVEO) | $375.36 Million | -35.77% | 0.97x | $201.56 Million |
| Dalata Hotel Group plc (DLTTF) | $1.22 Billion | 7.91% | 0.86x | $735.84 Million |