Gree Electric Appliances Inc of Zhuhai Class A
000651: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <bg | LOCK|&V&X | LOCK|?!G>N!L |
Gree Earnings: Valuation Cut 7% on More Conservative Top-Line Forecasts, Shares Fairly Valued
Gree’s third-quarter 2026 revenue fell 8% year on year, while operating profit dropped 40%, reflecting weak home appliance sales, the exit from noncore businesses, and higher raw material costs. The company declared an unchanged interim dividend of CNY 1 per share for 2026.
