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GreenTree Hospitality Group Ltd.: 20-F filed 2025-04-30

What GreenTree Hospitality Group Ltd. reported in its annual report (foreign private issuer) filed 2025-04-30 (fiscal FY 2024): 52 published measures, 187 facts as tagged in accession 0001213900-25-037718.

This filing

Form
20-F (annual report (foreign private issuer))
Filed
2025-04-30
Fiscal period
fiscal FY 2024
Accession
0001213900-25-037718 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All GreenTree Hospitality Group Ltd. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2024-12-314,947,118,948CNY
At 2023-12-315,066,798,878CNY
At 2024-12-31677,752,517USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2024-12-313,454,514,881CNY
At 2023-12-313,586,765,383CNY
At 2024-12-31473,266,597USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2024-12-311,458,746,130CNY
At 2023-12-311,442,218,280CNY
At 2024-12-31199,847,402USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2024-12-311,490,235,562CNY
At 2023-12-31765,547,547CNY
At 2022-12-31699,244,375CNY
At 2024-12-31204,161,435USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2024-01-01 to 2024-12-31110,002,230CNY366
2023-01-01 to 2023-12-31269,316,308CNY365
2022-01-01 to 2022-12-31-425,153,181CNY365
2024-01-01 to 2024-12-3115,070,246USD366

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2024-01-01 to 2024-12-31373,377,764CNY366
2023-01-01 to 2023-12-31455,049,575CNY365
2022-01-01 to 2022-12-31294,541,463CNY365
2024-01-01 to 2024-12-3151,152,542USD366

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2024-01-01 to 2024-12-3179,582,039CNY366
2023-01-01 to 2023-12-3187,764,045CNY365
2022-01-01 to 2022-12-3183,723,370CNY365
2024-01-01 to 2024-12-3110,902,695USD366

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2024-01-01 to 2024-12-311,343,440,196CNY366
2023-01-01 to 2023-12-311,627,257,689CNY365
2022-01-01 to 2022-12-311,469,074,275CNY365
2024-01-01 to 2024-12-31184,050,552USD366

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2024-01-01 to 2024-12-3110,532,395CNY366
2023-01-01 to 2023-12-31-303,734,275CNY365
2022-01-01 to 2022-12-31-335,396,159CNY365
2024-01-01 to 2024-12-311,442,933USD366

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2024-01-01 to 2024-12-31345,391,595CNY366
2023-01-01 to 2023-12-31-93,708,405CNY365
2022-01-01 to 2022-12-31420,445,695CNY365
2024-01-01 to 2024-12-3147,318,455USD366

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2024-12-31-458,337,569CNY
At 2023-12-31-568,339,799CNY
At 2024-12-31-62,791,989USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2024-01-01 to 2024-12-3188,726,969CNY366
2023-01-01 to 2023-12-31118,452,255CNY365
2022-01-01 to 2022-12-31-44,072,902CNY365
2024-01-01 to 2024-12-3112,155,545USD366

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2024-12-31649,528,210CNY
At 2023-12-31814,949,026CNY
At 2024-12-3188,985,000USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2024-01-01 to 2024-12-31161,924,494CNY366
2023-01-01 to 2023-12-31335,648,926CNY365
2022-01-01 to 2022-12-31-486,529,830CNY365
2024-01-01 to 2024-12-3122,183,566USD366

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2024-12-311,835,114,003CNY
At 2023-12-311,626,759,605CNY
At 2024-12-31251,409,588USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2024-01-01 to 2024-12-316,310,152CNY366
2023-01-01 to 2023-12-3114,053,841CNY365
2022-01-01 to 2022-12-3127,987,842CNY365
2024-01-01 to 2024-12-31864,487USD366

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2024-12-311,165,465,810CNY
At 2023-12-311,341,596,276CNY
At 2024-12-31159,668,160USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2024-12-3156,488,405CNY
At 2023-12-3173,126,677CNY
At 2024-12-317,738,880USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2024-12-3196,074,468CNY
At 2023-12-31177,082,468CNY
At 2022-12-31177,082,468CNY
At 2024-12-3113,162,148USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2024-12-3175,677,551CNY
At 2023-12-31117,720,693CNY
At 2024-12-3110,367,782USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2024-12-3199,688,034CNY
At 2023-12-31123,887,879CNY
At 2024-12-3113,657,205USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2024-01-01 to 2024-12-31365,284CNY366
2023-01-01 to 2023-12-3119,706,775CNY365
2024-01-01 to 2024-12-3150,044USD366

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2024-12-316,881,470CNY
At 2023-12-3120,462,490CNY
At 2024-12-31942,758USD

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2024-12-311,525,201,938CNY
At 2023-12-31791,600,712CNY
At 2022-12-31733,961,731CNY
At 2021-12-31353,122,593CNY
At 2024-12-31208,951,809USD
At 2023-12-31108,448,853USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2024-12-316,033,263CNY
At 2023-12-3128,401,282CNY
At 2024-12-31826,554USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2024-12-311,492,604,067CNY
At 2023-12-311,480,033,495CNY
At 2022-12-311,658,392,892CNY
At 2021-12-312,259,055,042CNY
At 2024-12-31204,485,920USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2024-12-311,328,582,419CNY
At 2023-12-311,535,330,762CNY
At 2024-12-31182,015,045USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2024-12-311,457,139,319CNY
At 2023-12-311,659,446,154CNY
At 2024-12-31199,627,268USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2024-12-31256,600,000CNY
At 2024-12-3135,154,056USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2024-12-311,509,339,910CNY
At 2023-12-311,636,029,164CNY
At 2024-12-31206,778,720USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2024-12-31862,489,629CNY
At 2023-12-31841,035,233CNY
At 2024-12-31118,160,595USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2024-12-31102,545,847CNY
At 2023-12-31104,725,600CNY
At 2024-12-3114,048,723USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2024-12-31120,975,955CNY
At 2023-12-31111,711,750CNY
At 2024-12-3116,573,638USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2024-12-31175,046,178CNY
At 2023-12-31186,281,838CNY
At 2024-12-3123,981,228USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2024-12-31579,153,399CNY
At 2023-12-31639,925,200CNY
At 2024-12-3179,343,690USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

PeriodValueUnitDays
At 2024-12-3179,670,908CNY
At 2023-12-3194,716,495CNY
At 2024-12-3110,914,870USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2024-01-01 to 2024-12-31197,206,795CNY366
2023-01-01 to 2023-12-31380,371,858CNY365
2022-01-01 to 2022-12-31-504,164,054CNY365
2024-01-01 to 2024-12-3127,017,222USD366

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2024-01-01 to 2024-12-31107,314,352CNY366
2023-01-01 to 2023-12-31260,527,601CNY365
2022-01-01 to 2022-12-31-461,689,453CNY365
2024-01-01 to 2024-12-3114,702,008USD366

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2024-01-01 to 2024-12-3187,634,211CNY366
2023-01-01 to 2023-12-31269,985,486CNY365
2022-01-01 to 2022-12-31-439,301,984CNY365
2024-01-01 to 2024-12-3112,005,840USD366

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2024-01-01 to 2024-12-31110,002,230CNY366
2023-01-01 to 2023-12-31269,316,308CNY365
2022-01-01 to 2022-12-31-425,153,181CNY365
2024-01-01 to 2024-12-3115,070,246USD366

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2024-01-01 to 2024-12-31182,551,094CNY366
2023-01-01 to 2023-12-31208,433,678CNY365
2022-01-01 to 2022-12-31259,513,862CNY365
2024-01-01 to 2024-12-3125,009,397USD366

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2024-01-01 to 2024-12-31110,979,569CNY366
2023-01-01 to 2023-12-31110,184,167CNY365
2022-01-01 to 2022-12-31119,299,006CNY365
2024-01-01 to 2024-12-3115,204,139USD366

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2024-01-01 to 2024-12-31102,538,301CNY366
2023-01-01 to 2023-12-3192,987,860CNY365
2022-01-01 to 2022-12-31104,582,040CNY365
2024-01-01 to 2024-12-3114,047,690USD366

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2024-01-01 to 2024-12-314,766,969CNY366
2023-01-01 to 2023-12-316,686,070CNY365
2022-01-01 to 2022-12-316,039,895CNY365
2024-01-01 to 2024-12-31653,072USD366

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2024-01-01 to 2024-12-3116,474,064CNY366
2023-01-01 to 2023-12-3122,783,715CNY365
2022-01-01 to 2022-12-3124,404,728CNY365
2024-01-01 to 2024-12-312,256,938USD366

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2024-01-01 to 2024-12-31107,567,291CNY366
2023-01-01 to 2023-12-31120,875,594CNY365
2022-01-01 to 2022-12-3186,534,248CNY365
2024-01-01 to 2024-12-3114,736,659USD366

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2024-01-01 to 2024-12-31-18,840,322CNY366
2023-01-01 to 2023-12-31-2,423,339CNY365
2022-01-01 to 2022-12-31-130,607,150CNY365
2024-01-01 to 2024-12-31-2,581,114USD366

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2024-01-01 to 2024-12-317,880,777CNY366
2023-01-01 to 2023-12-3114,053,841CNY365
2022-01-01 to 2022-12-3127,987,842CNY365
2024-01-01 to 2024-12-311,079,662USD366

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2024-01-01 to 2024-12-3182,576,531CNY366
2023-01-01 to 2023-12-3161,735,423CNY365
2022-01-01 to 2022-12-3159,441,030CNY365
2024-01-01 to 2024-12-3111,312,938USD366

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2024-01-01 to 2024-12-314,015,520CNY366
2023-01-01 to 2023-12-315,359,275CNY365
2022-01-01 to 2022-12-3153,611,693CNY365
2024-01-01 to 2024-12-31550,124USD366

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2024-01-01 to 2024-12-31-14,618,912CNY366
2023-01-01 to 2023-12-31-4,764,959CNY365
2022-01-01 to 2022-12-31-10,626,796CNY365
2024-01-01 to 2024-12-31-2,002,783USD366

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2024-01-01 to 2024-12-31-3,021,869CNY366
2023-01-01 to 2023-12-31-50,451,092CNY365
2022-01-01 to 2022-12-31-15,933,692CNY365
2024-01-01 to 2024-12-31-413,994USD366

Inspect the source

Entity
GreenTree Hospitality Group Ltd. / CIK 0001724755
Captured
2026-09-21T17:25:09.076Z
SEC response SHA-256
97c6acfb7645ddd15c019e70f453f41513ebc67564cfa6d83c9d67768a860ced

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001724755.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))