GreenTree Hospitality Group Ltd. Reports First Quarter of 2024 Financial Results
GreenTree Hospitality Group Ltd. American depositary shares, each representing one Class A ordinary share (GHG)
Last greentree hospitality group ltd. american depositary shares, each representing one class a ordinary share earnings: 4/14 07:51 am
Check Earnings Report
Company Research
Source: PR Newswire
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" and "our"), a leading hospitality and restaurant management group in China, today announced its unaudited financial results for the first quarter of 2024. [1] The conversion of Renminbi ("RMB") into United States dollars ("US$") is based on the exchange rate of US$1.00=RMB 7.2203 on March 31, 2024
Show less
Read more
Impact Snapshot
Event Time:
GHG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GHG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GHG alerts
High impacting GreenTree Hospitality Group Ltd. American depositary shares, each representing one Class A ordinary share news events
Weekly update
A roundup of the hottest topics
GHG
News
- US$4.18: That's What Analysts Think GreenTree Hospitality Group Ltd. (NYSE:GHG) Is Worth After Its Latest Results [Yahoo! Finance]Yahoo! Finance
- Q1 2024 GreenTree Hospitality Group Ltd Earnings Call [Yahoo! Finance Canada]Yahoo! Finance Canada
- GreenTree Hospitality Group Ltd. Reports First Quarter of 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- GreenTree to Report First Quarter 2024 Financial Results on June 25, 2024PR Newswire
- GreenTree Hospitality Group Ltd. (NYSE: GHG) was upgraded by analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating. They now have a $4.00 price target on the stock.MarketBeat
GHG
Earnings
- 3/25/24 - Beat
GHG
Sec Filings
- 6/26/24 - Form 6-K
- 4/30/24 - Form 20-F
- GHG's page on the SEC website