Gree Electric Appliances Overview

  • Year Founded
  • 1991

Year Founded

  • Status
  • Public

  • Employees
  • 72,808

Employees

  • Stock Symbol
  • 000651

Stock Symbol

  • Investments
  • 4

  • Share Price
  • $6.21
  • (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 2025, Chairwoman Dong Mingzhu and privately owned investment entity Zhuhai Mingjun collectively held 18% of its total equity interest, while state-owned Zhuhai Gree Group owned about 3.5%.

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
Corporate Office
  • West Jinji Road
  • Qianshan
  • Zhuhai, 519070
  • China
+86 0756
Primary Industry
Household Appliances
Stock Exchange
SHE
Vertical(s)
Corporate Office
  • West Jinji Road
  • Qianshan
  • Zhuhai, 519070
  • China
+86 0756

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Gree Electric Appliances Stock Performance

As of 20-Jun-2025, Gree Electric Appliances’s stock price is $6.21. Its current market cap is $34.8B with 5.6B shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$6.21 $6.13 $5.06 - $7.51 $34.8B 5.6B 36.4M $0.84

Gree Electric Appliances Financials Summary

As of 31-Mar-2025, Gree Electric Appliances has a trailing 12-month revenue of $27.1B.

In Thousands,
USD
TTM 31-Mar-2025 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 30,157,855 29,975,865 13,120,894 17,017,273
Revenue 27,075,259 26,484,444 28,978,318 28,235,139
EBITDA 4,823,806 5,369,950 4,928,885 4,510,676
Net Income 4,637,492 4,485,367 4,101,467 3,638,945
Total Assets 54,319,888 50,414,611 51,921,946 51,464,753
Total Debt 11,553,024 10,072,166 12,252,313 12,187,073
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 Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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)

Gree Electric Appliances’s most recent deal was a Merger/Acquisition with DunAn. The deal was made on 20-Feb-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
DunAn 20-Feb-2025 Merger/Acquisition Electrical Equipment
TaiXin Semiconductor 11-Oct-2022 Later Stage VC General Purpose Semiconductors
Hefei Jinghong Electric Appliance Company 23-Oct-2018 Merger/Acquisition Electronics (B2C)
Zhuhai Gree Daikin Precision Mold 01-Mar-2009 Joint Venture Electrical Equipment
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

Management

Management is related to actions taken to manage ESG issues

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

of 14,673

Rank

Percentile

Consumer Durables

Industry

of 200

Rank

Percentile

Home Appliances

Subindustry

of 67

Rank

Percentile

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

Gree Electric Appliances Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Gree Canada Saint-Mathieu-de-Beloeil, Canada 2011

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 72,808 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 20-Jun-2025 the stock price of Gree Electric Appliances is $6.21.

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

    The current market capitalization of Gree Electric Appliances is $34.8B.

  • What is Gree Electric Appliances’s current revenue?

    The trailing twelve month revenue for Gree Electric Appliances is $27.1B.

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

    Gree Electric Appliances’s EPS for 12 months was $0.84.

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