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Gree Electric Appliances, Inc. of Zhuhai logo

Gree Electric Appliances, Inc. of Zhuhai

000651.SZ

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
26,483
Cost of Revenue
18,709
Gross Profit
7,774
Gross Margin
29.4%
Operating Income
5,178
Operating Margin
19.6%
Net Income
4,506
Net Margin
17.0%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
5,135
EBITDA Margin
19.4%

2023

12/31/2023

Revenue
28,557
Cost of Revenue
20,444
Gross Profit
8,113
Gross Margin
28.4%
Operating Income
4,601
Operating Margin
16.1%
Net Income
4,062
Net Margin
14.2%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
4,523
EBITDA Margin
15.8%

2022

12/31/2022

Revenue
26,458
Cost of Revenue
19,653
Gross Profit
6,805
Gross Margin
25.7%
Operating Income
3,820
Operating Margin
14.4%
Net Income
3,431
Net Margin
13.0%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
4,004
EBITDA Margin
15.1%

2021

12/31/2021

Revenue
26,302
Cost of Revenue
19,977
Gross Profit
6,324
Gross Margin
24.0%
Operating Income
3,735
Operating Margin
14.2%
Net Income
3,229
Net Margin
12.3%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
3,588
EBITDA Margin
13.6%

2020

12/31/2020

Revenue
23,548
Cost of Revenue
17,407
Gross Profit
6,142
Gross Margin
26.1%
Operating Income
3,646
Operating Margin
15.5%
Net Income
3,105
Net Margin
13.2%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
3,327
EBITDA Margin
14.1%