Gree Electric Appliances Overview

  • Year Founded
  • 1991

Year Founded

  • Status
  • Public

  • Employees
  • 72,610

Employees

  • Stock Symbol
  • 000651

Stock Symbol

  • Investments
  • 4

  • Share Price
  • $5.41
  • (As of Friday Closing)

Gree Electric Appliances General Information

Description

Gree Electric Appliances is one of the largest heating, ventilating, and air conditioning, or HVAC, product manufacturers in China, with key products such as residential and commercial air conditioners. Gree generates over 80% of sales domestically and is backed by China's Zhuhai local government. Air conditioners remain the biggest contributor to Gree's earnings, with an over 70% representation over the years. The company has also made forays into industrial component parts, photovoltaic equipment, new energy vehicles, and battery production. As of March 2024, Chairwoman Dong Mingzhu and privately owned investment entity Zhuhai Mingjun collectively held 17% of its total equity interest, while state-owned Zhuhai Gree Group owned 3.4%.

Contact Information

Website
www.gree.com.cn
Formerly Known As
Haili Air-conditioning Engineering Company, Industrial Development Co. of Zhuhai, Guanxiong Plastic Company
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Household Appliances
Stock Exchange
SHE
Corporate Office
  • West Jinji Road
  • Qianshan
  • Zhuhai, 519070
  • China
+86 0756 000 0000

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Gree Electric Appliances Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$5.41 $5.42 $4.34 - $6.11 $30.4B 5.63B 32.4M $0.75

Gree Electric Appliances Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 18,262,066 13,120,894 17,017,273 20,825,318
Revenue 28,798,024 28,978,318 28,235,139 29,371,486
EBITDA 4,238,758 4,928,885 4,510,676 4,059,165
Net Income 4,137,211 4,101,467 3,638,945 3,571,852
Total Assets 53,512,900 51,921,946 51,464,753 50,140,127
Total Debt 13,147,161 12,252,313 12,187,073 6,100,309
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Gree Electric Appliances Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Gree Electric Appliances Executive Team (4)

Name Title Board Seat
Dong Mingzhu Chairperson of the Board & President
Jingdong Wang Secretary of the Board, Vice President & Finance Director
Tan Jianming Vice President & Chief Engineer
You’re viewing 3 of 4 executive team members. Get the full list »

Gree Electric Appliances Board Members (4)

Name Representing Role Since
0000 0000000 Gree Electric Appliances Chairperson of the Board & President 000 0000
00000 00000 Gree Electric Appliances Board Member 000 0000
000000 000 Gree Electric Appliances Independent Director 000 0000
00000 0000 Gree Electric Appliances Board Member 000 0000
To view Gree Electric Appliances’s complete board members history, request access »

Gree Electric Appliances Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Gree Electric Appliances Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Gree Electric Appliances Investments & Acquisitions (4)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
True Health (Guangdong Hengqin) 22-Nov-2023 00000 0000 000.00 Surgical Devices
TaiXin Semiconductor 11-Oct-2022 00000 0000 000.00 General Purpose Semiconductors
Hefei Jinghong Electric Appliance Company 23-Oct-2018 0000000000 Electronics (B2C)
Zhuhai Gree Daikin Precision Mold 01-Mar-2009 Joint Venture Electrical Equipment 0000 0000
To view Gree Electric Appliances’s complete investments and acquisitions history, request access »

Gree Electric Appliances ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

32.75 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,216

Rank

00.0

Percentile

Consumer Durables

Industry

00 of 234

Rank

00.00

Percentile

Home Appliances

Subindustry

00 of 73

Rank

00.00

Percentile

To view Gree Electric Appliances’s complete esg history, request access »

Gree Electric Appliances FAQs

  • When was Gree Electric Appliances founded?

    Gree Electric Appliances was founded in 1991.

  • Where is Gree Electric Appliances headquartered?

    Gree Electric Appliances is headquartered in Zhuhai, China.

  • What is the size of Gree Electric Appliances?

    Gree Electric Appliances has 72,610 total employees.

  • What industry is Gree Electric Appliances in?

    Gree Electric Appliances’s primary industry is Household Appliances.

  • Is Gree Electric Appliances a private or public company?

    Gree Electric Appliances is a Public company.

  • What is Gree Electric Appliances’s stock symbol?

    The ticker symbol for Gree Electric Appliances is 000651.

  • What is the current stock price of Gree Electric Appliances?

    As of 19-Jul-2024 the stock price of Gree Electric Appliances is $5.41.

  • What is the current market cap of Gree Electric Appliances?

    The current market capitalization of Gree Electric Appliances is $30.4B.

  • What is Gree Electric Appliances’s current revenue?

    The trailing twelve month revenue for Gree Electric Appliances is $28.8B.

  • What is Gree Electric Appliances’s annual earnings per share (EPS)?

    Gree Electric Appliances’s EPS for 12 months was $0.75.

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