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.
Upgrade and replacement demand will continue to support air conditioner sales value in China and further benefit Gree’s earnings.
China’s worsening residential property demand further weighs on the domestic demand for home appliances and affects Gree’s sales.
|
Metric
|
000651
|
000333
|
6367
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.34 | 16.14 | 20.57 |
Price/Book Value | 1.36 | 3.04 | 2.00 |
Price/Sales | 1.28 | 1.38 | 1.20 |
Price/Cash Flow | 8.29 | 13.57 | 10.31 |
|
Metric
|
000651
|
000333
|
6367
|
|---|---|---|---|
Quick Ratio | 0.79 | 0.47 | 0.96 |
Current Ratio | 1.06 | 1.15 | 1.62 |
Interest Coverage | 20.45 | 24.40 | 10.38 |
|
Metric
|
000651
|
000333
|
6367
|
|---|---|---|---|
Return on Assets (Normalized) | 6.00% | 5.50% | 7.34% |
Return on Equity (Normalized) | 15.87% | 15.93% | 13.48% |
Return on Invested Capital (Normalized) | 8.80% | 9.59% | 10.32% |
|
1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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United States