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GreenTree Hospitality Group Ltd.: 20-F filed 2022-05-17

What GreenTree Hospitality Group Ltd. reported in its annual report (foreign private issuer) filed 2022-05-17 (fiscal FY 2021): 48 published measures, 174 facts as tagged in accession 0001558370-22-009130.

This filing

Form
20-F (annual report (foreign private issuer))
Filed
2022-05-17
Fiscal period
fiscal FY 2021
Accession
0001558370-22-009130 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 2021-12-314,667,060,561CNY
At 2020-12-314,094,954,517CNY
At 2021-12-31732,363,645USD

Total liabilities

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

PeriodValueUnitDays
At 2021-12-312,624,133,423CNY
At 2020-12-311,845,029,834CNY
At 2021-12-31411,783,797USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-12-311,857,685,111CNY
At 2020-12-312,103,031,255CNY
At 2021-12-31291,511,332USD

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 2021-12-31298,428,709CNY
At 2020-12-31611,358,209CNY
At 2019-12-31319,847,701CNY
At 2021-12-3146,829,977USD

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
2021-01-01 to 2021-12-31117,438,250CNY365
2020-01-01 to 2020-12-31261,344,391CNY366
2019-01-01 to 2019-12-31442,718,263CNY365
2021-01-01 to 2021-12-3118,428,624USD365

Operating cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-12-31360,975,140CNY365
2020-01-01 to 2020-12-31295,256,932CNY366
2019-01-01 to 2019-12-31513,939,897CNY365
2021-01-01 to 2021-12-3156,644,875USD365

Capital expenditure payments

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

PeriodValueUnitDays
2021-01-01 to 2021-12-31341,715,516CNY365
2020-01-01 to 2020-12-31111,929,994CNY366
2019-01-01 to 2019-12-31213,329,308CNY365
2021-01-01 to 2021-12-3153,622,621USD365

Revenue

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

PeriodValueUnitDays
2021-01-01 to 2021-12-311,206,145,958CNY365
2020-01-01 to 2020-12-31930,010,096CNY366
2019-01-01 to 2019-12-311,091,793,135CNY365
2021-01-01 to 2021-12-31189,270,620USD365

Financing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-12-31255,627,743CNY365
2020-01-01 to 2020-12-31115,527,872CNY366
2019-01-01 to 2019-12-31-212,231,755CNY365
2021-01-01 to 2021-12-3140,113,572USD365

Investing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-12-31-928,388,186CNY365
2020-01-01 to 2020-12-31-111,552,657CNY366
2019-01-01 to 2019-12-31-1,219,956,395CNY365
2021-01-01 to 2021-12-31-145,684,365USD365

Retained earnings or deficit

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

PeriodValueUnitDays
At 2021-12-31326,298,618CNY
At 2020-12-31570,042,924CNY
At 2021-12-3151,203,374USD

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
2021-01-01 to 2021-12-31108,888,882CNY365
2020-01-01 to 2020-12-31110,459,202CNY366
2019-01-01 to 2019-12-31189,567,817CNY365
2021-01-01 to 2021-12-3117,087,042USD365

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 2021-12-311,045,356,265CNY
At 2020-12-31668,605,661CNY
At 2021-12-31164,039,209USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2021-01-01 to 2021-12-312,464,763CNY365
2020-01-01 to 2020-12-31232,558CNY366
2019-01-01 to 2019-12-3126,490,395CNY365
2021-01-01 to 2021-12-31386,775USD365

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
2021-01-01 to 2021-12-31153,923,380CNY365
2020-01-01 to 2020-12-31319,251,217CNY366
2019-01-01 to 2019-12-31504,552,548CNY365
2021-01-01 to 2021-12-3124,153,937USD365

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 2021-12-311,831,206,325CNY
At 2020-12-311,584,298,985CNY
At 2021-12-31287,356,234USD

Interest expense

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

PeriodValueUnitDays
2021-01-01 to 2021-12-3112,671,385CNY365
2020-01-01 to 2020-12-313,456,316CNY366
2019-01-01 to 2019-12-312,505,904CNY365
2021-01-01 to 2021-12-311,988,417USD365

Current liabilities

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

PeriodValueUnitDays
At 2021-12-311,249,949,292CNY
At 2020-12-31869,529,464CNY
At 2021-12-31196,144,319USD

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 2021-12-3124,036,544CNY
At 2020-12-3119,606,344CNY
At 2021-12-313,771,858USD

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 2021-12-31120,819,948CNY
At 2020-12-31100,231,487CNY
At 2019-12-31100,078,236CNY
At 2021-12-3118,959,286USD
At 2020-12-3115,728,507USD

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 2021-12-31520,117,479CNY
At 2020-12-31491,513,073CNY
At 2021-12-3181,617,782USD

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 2021-12-3195,589,936CNY
At 2020-12-31101,511,057CNY
At 2021-12-3115,000,147USD

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 2021-12-312,297,584CNY
At 2020-12-313,804,680CNY
At 2021-12-31360,541USD

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 2021-12-31320,598,609CNY
At 2020-12-31633,728,109CNY
At 2019-12-31342,160,223CNY
At 2018-12-311,267,325,785CNY
At 2021-12-3150,308,918USD
At 2020-12-3199,445,769USD

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 2021-12-3141,880,907CNY
At 2020-12-3145,586,647CNY
At 2021-12-316,572,028USD

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 2021-12-312,042,927,138CNY
At 2020-12-312,249,924,683CNY
At 2021-12-31320,579,848USD

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 2021-12-31352,000,000CNY
At 2021-12-3155,236,481USD

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 2021-12-311,354,245,525CNY
At 2020-12-311,009,079,084CNY
At 2021-12-31212,510,674USD

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 2021-12-31436,314,189CNY
At 2020-12-31353,833,524CNY
At 2021-12-3168,467,217USD

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 2021-12-31329,366,340CNY
At 2020-12-3166,635,394CNY
At 2021-12-3151,684,766USD

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 2021-12-31132,046,925CNY
At 2020-12-31115,862,713CNY
At 2021-12-3120,721,044USD

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 2021-12-31181,955,863CNY
At 2020-12-31167,231,515CNY
At 2021-12-3128,552,845USD

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 2021-12-31228,201,745CNY
At 2020-12-31178,413,413CNY
At 2021-12-3135,809,834USD

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
2021-01-01 to 2021-12-31222,182,847CNY365
2020-01-01 to 2020-12-31354,252,573CNY366
2019-01-01 to 2019-12-31626,079,555CNY365
2021-01-01 to 2021-12-3134,865,337USD365

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
2021-01-01 to 2021-12-31113,676,839CNY365
2020-01-01 to 2020-12-31244,702,736CNY366
2019-01-01 to 2019-12-31437,774,169CNY365
2021-01-01 to 2021-12-3117,838,376USD365

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
2021-01-01 to 2021-12-31113,732,510CNY365
2020-01-01 to 2020-12-31241,630,184CNY366
2019-01-01 to 2019-12-31445,651,425CNY365
2021-01-01 to 2021-12-3117,847,113USD365

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
2021-01-01 to 2021-12-31117,438,250CNY365
2020-01-01 to 2020-12-31261,344,391CNY366
2019-01-01 to 2019-12-31442,718,263CNY365
2021-01-01 to 2021-12-3118,428,624USD365

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
2021-01-01 to 2021-12-31356,046,265CNY365
2020-01-01 to 2020-12-31163,420,554CNY366
2019-01-01 to 2019-12-31184,989,324CNY365
2021-01-01 to 2021-12-3155,871,428USD365

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
2021-01-01 to 2021-12-3189,617,316CNY365
2020-01-01 to 2020-12-3159,719,535CNY366
2019-01-01 to 2019-12-3137,340,304CNY365
2021-01-01 to 2021-12-3114,062,913USD365

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
2021-01-01 to 2021-12-3198,110,657CNY365
2020-01-01 to 2020-12-3165,869,971CNY366
2019-01-01 to 2019-12-3140,366,299CNY365
2021-01-01 to 2021-12-3115,395,703USD365

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
2021-01-01 to 2021-12-318,493,341CNY365
2020-01-01 to 2020-12-316,150,436CNY366
2019-01-01 to 2019-12-313,025,995CNY365
2021-01-01 to 2021-12-311,332,790USD365

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
2021-01-01 to 2021-12-31105,353,756CNY365
2020-01-01 to 2020-12-31122,931,256CNY366
2019-01-01 to 2019-12-31197,233,190CNY365
2021-01-01 to 2021-12-3116,532,303USD365

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
2021-01-01 to 2021-12-313,535,126CNY365
2020-01-01 to 2020-12-31-12,472,054CNY366
2019-01-01 to 2019-12-31-7,665,373CNY365
2021-01-01 to 2021-12-31554,739USD365

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
2021-01-01 to 2021-12-317,363,066CNY365
2020-01-01 to 2020-12-314,470,953CNY366
2019-01-01 to 2019-12-312,133,568CNY365
2021-01-01 to 2021-12-311,155,426USD365

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
2021-01-01 to 2021-12-31-78,296,994CNY365
2020-01-01 to 2020-12-31-105,591,179CNY366
2019-01-01 to 2019-12-31-120,341,664CNY365
2021-01-01 to 2021-12-31-12,286,507USD365

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
2021-01-01 to 2021-12-3122,329,328CNY365
2020-01-01 to 2020-12-3128,789,041CNY366
2019-01-01 to 2019-12-3152,263,625CNY365
2021-01-01 to 2021-12-313,503,959USD365

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
2021-01-01 to 2021-12-31-1,495,974CNY365
2020-01-01 to 2020-12-311,281,009CNY366
2019-01-01 to 2019-12-31-351,518CNY365
2021-01-01 to 2021-12-31-234,751USD365

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
2021-01-01 to 2021-12-314,520,260CNY365
2020-01-01 to 2020-12-314,546,551CNY366
2019-01-01 to 2019-12-314,814,800CNY365
2021-01-01 to 2021-12-31709,327USD365

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

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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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"])))