GreenTree Hospitality Group Ltd. (GHG)

USD 2.1

(-4.55%)

Operating Expenses Summary of GreenTree Hospitality Group Ltd.

GreenTree Hospitality Group Ltd.'s latest annual operating expenses in 2023 was 344.16 Million CNY , down -56.37% from previous year.
GreenTree Hospitality Group Ltd.'s latest quarterly operating expenses in 2024 Q2 was 46.97 Million CNY , down -34.63% from previous quarter.
GreenTree Hospitality Group Ltd. reported a annual operating expenses of 788.87 Million CNY in annual operating expenses 2022, up 151.99% from previous year.
GreenTree Hospitality Group Ltd. reported a annual operating expenses of 313.05 Million CNY in annual operating expenses 2021, up 43.45% from previous year.
GreenTree Hospitality Group Ltd. reported a quarterly operating expenses of 71.85 Million CNY for 2024 Q1, down -36.76% from previous quarter.
GreenTree Hospitality Group Ltd. reported a quarterly operating expenses of 113.62 Million CNY for 2023 Q4, down -13.19% from previous quarter.

Annual Operating Expenses Chart of GreenTree Hospitality Group Ltd. (2023 - 2015)

Historical Annual Operating Expenses of GreenTree Hospitality Group Ltd. (2023 - 2015)

Year	Operating Expenses	Operating Expenses Growth
2023	344.16 Million CNY	-56.37%
2022	788.87 Million CNY	151.99%
2021	313.05 Million CNY	43.45%
2020	218.23 Million CNY	-12.15%
2019	248.41 Million CNY	92.52%
2018	129.02 Million CNY	-17.83%
2017	157.03 Million CNY	64.62%
2016	95.39 Million CNY	15.47%
2015	82.61 Million CNY	0.0%

Year	Operating Expenses	Operating Expenses Growth
2024 Q2	46.97 Million CNY	-34.63%
2024 Q1	71.85 Million CNY	-36.76%
2023 Q4	113.62 Million CNY	-13.19%
2023 Q3	130.89 Million CNY	83.15%
2023 FY	344.16 Million CNY	-56.37%
2023 Q2	71.46 Million CNY	-14.68%
2023 Q1	83.76 Million CNY	-81.95%
2022 Q2	285.45 Million CNY	0.0%
2022 FY	788.87 Million CNY	151.99%
2022 Q4	464.14 Million USD	516.35%
2022 Q3	75.3 Million CNY	-73.62%
2022 Q1	285.45 Million CNY	259.63%
2021 Q1	57.59 Million CNY	-19.43%
2021 FY	313.05 Million CNY	43.45%
2021 Q4	79.37 Million CNY	-4.1%
2021 Q3	82.76 Million CNY	-11.31%
2021 Q2	93.31 Million CNY	62.02%
2020 Q3	57.91 Million CNY	-0.87%
2020 Q2	58.42 Million CNY	92.09%
2020 Q1	30.41 Million CNY	-68.98%
2020 FY	218.23 Million CNY	-12.15%
2020 Q4	71.48 Million CNY	23.44%
2019 Q4	98.04 Million CNY	87.53%
2019 Q3	52.28 Million CNY	-4.16%
2019 FY	248.41 Million CNY	92.52%
2019 Q2	54.54 Million CNY	25.27%
2019 Q1	43.54 Million CNY	-17.34%
2018 Q2	24.49 Million CNY	35.6%
2018 Q1	18.06 Million CNY	-78.13%
2018 Q3	33.78 Million CNY	37.9%
2018 FY	129.02 Million CNY	-17.83%
2018 Q4	52.67 Million CNY	55.93%
2017 Q2	23.12 Million CNY	-19.15%
2017 FY	157.03 Million CNY	64.62%
2017 Q4	82.62 Million CNY	264.21%
2017 Q3	22.68 Million CNY	-1.87%
2017 Q1	28.59 Million CNY	0.0%
2016 Q3	22.59 Million CNY	0.0%
2016 FY	95.39 Million CNY	15.47%
2015 FY	82.61 Million CNY	0.0%

Peer Operating Expenses Comparison of GreenTree Hospitality Group Ltd.

Name	Operating Expenses	Operating Expenses Difference
Choice Hotels International, Inc.	255.74 Million USD	-34.578%
Hyatt Hotels Corporation	615 Million USD	44.037%
Hilton Worldwide Holdings Inc.	667 Million USD	48.4%
InterContinental Hotels Group PLC	328 Million USD	-4.93%
Soho House & Co Inc.	730.52 Million USD	52.887%
Wyndham Hotels & Resorts, Inc.	312 Million USD	-10.311%