Greentree Hospitality Group Ltd. key statistics and ratios

In fiscal 2025, Greentree Hospitality Group Ltd. had return on equity of 10.9%, an operating margin of 5.2%, debt equal to 16.3% of equity and a current ratio of 1.61. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Greentree Hospitality Group Ltd.: financial ratios, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Gross margin	62.9%	69.5%	69.7%	69.0%	56.8%	33.3%	27.4%	41.8%	38.8%	34.9%
Operating margin	48.2%	50.0%	55.8%	46.2%	34.3%	6.6%	−33.1%	20.6%	12.1%	5.2%
Net margin	41.1%	36.8%	41.0%	40.5%	28.1%	4.5%	−28.9%	16.6%	8.2%	15.2%
Free-cash-flow margin	67.6%	60.9%	46.0%	27.5%	19.7%	0.9%	14.4%	22.6%	21.9%	1.8%
Return on equity	27.1%	31.1%	31.9%	25.3%	12.8%	4.5%	−24.1%	17.4%	7.6%	10.9%
Return on assets	—	15.0%	15.7%	12.9%	6.4%	2.0%	−8.1%	5.0%	2.2%	3.4%
Asset turnover	—	0.41	0.38	0.32	0.23	0.45	0.28	0.30	0.27	0.22
Current ratio	—	2.24	3.45	1.59	1.82	1.47	1.18	1.21	1.57	1.61
Debt to equity	0.0%	0.0%	3.6%	3.2%	7.1%	38.1%	28.4%	12.1%	17.6%	16.3%
Interest cover (operating income ÷ interest)	—	—	—	—	92.4x	8.4x	n/m	23.9x	25.7x	7.4x
Effective tax rate	23.3%	40.0%	28.7%	30.3%	31.2%	57.4%	—	31.1%	45.0%	22.4%
Capital spending as % of revenue	0.9%	2.2%	15.3%	19.5%	12.0%	18.3%	5.7%	5.4%	5.9%	23.8%
Free cash flow ÷ net income	164.6%	165.6%	112.0%	67.9%	70.1%	20.9%	—	136.4%	267.1%	12.1%
Dividends ÷ net income	6.8%	211.7%	53.9%	51.3%	—	361.0%	—	—	64.5%	25.8%
Dividends and buybacks ÷ free cash flow	4.1%	127.8%	48.1%	75.5%	—	>999%	19.4%	5.4%	24.3%	213.9%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

5 of 6 checks passed · December 31, 2025

What it owns · $684m

Short-term assets $271mLonger-term assets $413m

What it owes, and who funded it · $680m

Short-term liabilities $169mLonger-term liabilities $286mShareholders' equity $225m

Short-term assets cover short-term liabilities $271m of assets due within a year against $169m of liabilities due within a year.
Short-term assets cover long-term liabilities $271m short-term assets against $286m of longer-dated liabilities.
More cash than debt $236m of cash against $45m of debt.
Debt below 40% of shareholders' equity Debt is 20% of equity.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt $39m of operating cash flow against $45m of debt.
Operating profit covers interest at least five times over Operating income of $8m against $1m of interest.

From Greentree Hospitality Group Ltd.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

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Figures from Greentree Hospitality Group Ltd.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Greentree Hospitality Group Ltd.