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Gree Electric Appliances Inc of Zhuhai
Buy, Hold or Sell?

Let's analyse Gree together

PenkeI guess you are interested in Gree Electric Appliances Inc of Zhuhai. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Gree Electric Appliances Inc of Zhuhai. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Gree (30 sec.)










What can you expect buying and holding a share of Gree? (30 sec.)

How much money do you get?

How much money do you get?
¥0.60
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥20.76
Expected worth in 1 year
¥23.56
How sure are you?
87.2%

+ What do you gain per year?

Total Gains per Share
¥7.15
Return On Investment
18.3%

For what price can you sell your share?

Current Price per Share
¥39.20
Expected price per share
¥36.92 - ¥41.50
How sure are you?
50%

1. Valuation of Gree (5 min.)




Live pricePrice per Share (EOD)

¥39.20

Intrinsic Value Per Share

¥11.97 - ¥74.08

Total Value Per Share

¥32.73 - ¥94.84

2. Growth of Gree (5 min.)




Is Gree growing?

Current yearPrevious yearGrowGrow %
How rich?$16.1b$14.2b$842.8m5.6%

How much money is Gree making?

Current yearPrevious yearGrowGrow %
Making money$909.7m$890m$19.7m2.2%
Net Profit Margin13.2%12.9%--

How much money comes from the company's main activities?

3. Financial Health of Gree (5 min.)




4. Comparing to competitors in the Furnishings, Fixtures & Appliances industry (5 min.)




  Industry Rankings (Furnishings, Fixtures & Appliances)  


Richest
#2 / 261

Most Revenue
#4 / 261

Most Profit
#2 / 261

What can you expect buying and holding a share of Gree? (5 min.)

Welcome investor! Gree's management wants to use your money to grow the business. In return you get a share of Gree.

What can you expect buying and holding a share of Gree?

First you should know what it really means to hold a share of Gree. And how you can make/lose money.

Speculation

The Price per Share of Gree is ¥39.20. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Gree.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Gree, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ¥20.76. Based on the TTM, the Book Value Change Per Share is ¥0.70 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.58 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ¥1.09 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Gree.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.180.5%0.180.5%0.150.4%0.150.4%0.130.3%
Usd Book Value Change Per Share0.170.4%0.100.2%0.080.2%0.040.1%0.050.1%
Usd Dividend Per Share0.150.4%0.150.4%0.210.5%0.130.3%0.110.3%
Usd Total Gains Per Share0.320.8%0.250.6%0.290.7%0.170.4%0.160.4%
Usd Price Per Share5.02-4.91-4.69-6.34-5.49-
Price to Earnings Ratio6.89-6.73-8.32-13.78-12.83-
Price-to-Total Gains Ratio15.84-20.70-21.01-71.58-47.18-
Price to Book Ratio1.75-1.83-1.92-2.56-3.13-
Price-to-Total Gains Ratio15.84-20.70-21.01-71.58-47.18-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.42528
Number of shares184
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.150.13
Usd Book Value Change Per Share0.100.04
Usd Total Gains Per Share0.250.17
Gains per Quarter (184 shares)45.5531.93
Gains per Year (184 shares)182.20127.72
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1111711729631118
222214335419363246
333321453628994374
4443285718386125502
5554357900482156630
66654281082579188758
77765001264675219886
888757114467722501014
999864216288682811142
10110871418109643131270

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%39.00.00.0100.0%85.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%8.04.00.066.7%15.05.00.075.0%30.09.00.076.9%69.016.00.081.2%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%39.00.00.0100.0%75.00.010.088.2%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%18.02.00.090.0%34.05.00.087.2%76.09.00.089.4%

Fundamentals of Gree

About Gree Electric Appliances Inc of Zhuhai

Gree Electric Appliances, Inc. of Zhuhai produces and sells air-conditioners, home appliances, and accessories in China. The company offers residential air conditioners (ACs); residential central ACs; home appliances, such as tower air coolers, washing machines, and air circulation fans; screw and centrifugal chillers; commercial VRF; refrigeration equipment; heat pumps; air purifiers, and desktop water dispensers. It also offers range hoods, stoves, gas water heaters, steam ovens, and dishwashers. Gree Electric Appliances, Inc. of Zhuhai was founded in 1989 and is headquartered in Zhuhai, China.

Fundamental data was last updated by Penke on 2024-03-23 03:30:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Gree Electric Appliances Inc of Zhuhai.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Gree earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Gree to the Furnishings, Fixtures & Appliances industry mean.
  • A Net Profit Margin of 13.2% means that ¥0.13 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Gree Electric Appliances Inc of Zhuhai:

  • The MRQ is 13.2%. The company is making a huge profit. +2
  • The TTM is 13.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ13.2%TTM13.2%+0.0%
TTM13.2%YOY12.9%+0.4%
TTM13.2%5Y12.3%+0.9%
5Y12.3%10Y12.2%+0.1%
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ13.2%3.6%+9.6%
TTM13.2%2.9%+10.3%
YOY12.9%3.7%+9.2%
5Y12.3%3.5%+8.8%
10Y12.2%4.1%+8.1%
1.1.2. Return on Assets

Shows how efficient Gree is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Gree to the Furnishings, Fixtures & Appliances industry mean.
  • 1.9% Return on Assets means that Gree generated ¥0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Gree Electric Appliances Inc of Zhuhai:

  • The MRQ is 1.9%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.9%TTM1.7%+0.2%
TTM1.7%YOY1.9%-0.2%
TTM1.7%5Y1.9%-0.2%
5Y1.9%10Y2.1%-0.1%
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9%1.1%+0.8%
TTM1.7%0.9%+0.8%
YOY1.9%1.2%+0.7%
5Y1.9%1.2%+0.7%
10Y2.1%1.5%+0.6%
1.1.3. Return on Equity

Shows how efficient Gree is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Gree to the Furnishings, Fixtures & Appliances industry mean.
  • 6.6% Return on Equity means Gree generated ¥0.07 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Gree Electric Appliances Inc of Zhuhai:

  • The MRQ is 6.6%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 6.3%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ6.6%TTM6.3%+0.3%
TTM6.3%YOY6.6%-0.3%
TTM6.3%5Y5.9%+0.4%
5Y5.9%10Y6.8%-1.0%
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ6.6%2.4%+4.2%
TTM6.3%2.0%+4.3%
YOY6.6%2.6%+4.0%
5Y5.9%2.6%+3.3%
10Y6.8%2.9%+3.9%

1.2. Operating Efficiency of Gree Electric Appliances Inc of Zhuhai.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Gree is operating .

  • Measures how much profit Gree makes for each ¥1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Gree to the Furnishings, Fixtures & Appliances industry mean.
  • An Operating Margin of 15.8% means the company generated ¥0.16  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Gree Electric Appliances Inc of Zhuhai:

  • The MRQ is 15.8%. The company is operating efficient. +1
  • The TTM is 6.5%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ15.8%TTM6.5%+9.3%
TTM6.5%YOY11.7%-5.2%
TTM6.5%5Y12.5%-6.0%
5Y12.5%10Y6.8%+5.7%
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ15.8%6.0%+9.8%
TTM6.5%3.0%+3.5%
YOY11.7%5.6%+6.1%
5Y12.5%5.4%+7.1%
10Y6.8%4.7%+2.1%
1.2.2. Operating Ratio

Measures how efficient Gree is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Furnishings, Fixtures & Appliances industry mean).
  • An Operation Ratio of 1.55 means that the operating costs are ¥1.55 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Gree Electric Appliances Inc of Zhuhai:

  • The MRQ is 1.546. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.572. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.546TTM1.572-0.026
TTM1.572YOY1.600-0.028
TTM1.5725Y1.601-0.029
5Y1.60110Y1.145+0.456
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5461.509+0.037
TTM1.5721.512+0.060
YOY1.6001.457+0.143
5Y1.6011.442+0.159
10Y1.1451.192-0.047

1.3. Liquidity of Gree Electric Appliances Inc of Zhuhai.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Gree is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Furnishings, Fixtures & Appliances industry mean).
  • A Current Ratio of 1.24 means the company has ¥1.24 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Gree Electric Appliances Inc of Zhuhai:

  • The MRQ is 1.239. The company is just able to pay all its short-term debts.
  • The TTM is 1.223. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.239TTM1.223+0.017
TTM1.223YOY1.133+0.089
TTM1.2235Y1.225-0.003
5Y1.22510Y0.692+0.533
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2391.611-0.372
TTM1.2231.637-0.414
YOY1.1331.677-0.544
5Y1.2251.723-0.498
10Y0.6921.561-0.869
1.3.2. Quick Ratio

Measures if Gree is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Gree to the Furnishings, Fixtures & Appliances industry mean.
  • A Quick Ratio of 0.20 means the company can pay off ¥0.20 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Gree Electric Appliances Inc of Zhuhai:

  • The MRQ is 0.204. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.138. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.204TTM0.138+0.067
TTM0.138YOY0.217-0.079
TTM0.1385Y0.184-0.046
5Y0.18410Y0.238-0.054
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2040.620-0.416
TTM0.1380.629-0.491
YOY0.2170.708-0.491
5Y0.1840.744-0.560
10Y0.2380.724-0.486

1.4. Solvency of Gree Electric Appliances Inc of Zhuhai.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Gree assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Gree to Furnishings, Fixtures & Appliances industry mean.
  • A Debt to Asset Ratio of 0.70 means that Gree assets are financed with 69.7% credit (debt) and the remaining percentage (100% - 69.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Gree Electric Appliances Inc of Zhuhai:

  • The MRQ is 0.697. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.714. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.697TTM0.714-0.017
TTM0.714YOY0.698+0.016
TTM0.7145Y0.657+0.057
5Y0.65710Y0.683-0.025
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6970.488+0.209
TTM0.7140.488+0.226
YOY0.6980.497+0.201
5Y0.6570.475+0.182
10Y0.6830.460+0.223
1.4.2. Debt to Equity Ratio

Measures if Gree is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Gree to the Furnishings, Fixtures & Appliances industry mean.
  • A Debt to Equity ratio of 239.4% means that company has ¥2.39 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Gree Electric Appliances Inc of Zhuhai:

  • The MRQ is 2.394. The company is just not able to pay all its debts with equity.
  • The TTM is 2.619. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.394TTM2.619-0.224
TTM2.619YOY2.441+0.178
TTM2.6195Y2.043+0.575
5Y2.04310Y2.281-0.238
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3940.956+1.438
TTM2.6190.956+1.663
YOY2.4410.987+1.454
5Y2.0430.973+1.070
10Y2.2810.941+1.340

2. Market Valuation of Gree Electric Appliances Inc of Zhuhai

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ¥1 in earnings Gree generates.

  • Above 15 is considered overpriced but always compare Gree to the Furnishings, Fixtures & Appliances industry mean.
  • A PE ratio of 6.89 means the investor is paying ¥6.89 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Gree Electric Appliances Inc of Zhuhai:

  • The EOD is 7.439. Based on the earnings, the company is cheap. +2
  • The MRQ is 6.889. Based on the earnings, the company is cheap. +2
  • The TTM is 6.731. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD7.439MRQ6.889+0.550
MRQ6.889TTM6.731+0.158
TTM6.731YOY8.320-1.589
TTM6.7315Y13.776-7.045
5Y13.77610Y12.827+0.949
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
EOD7.43910.143-2.704
MRQ6.88910.197-3.308
TTM6.73111.524-4.793
YOY8.32013.691-5.371
5Y13.77615.673-1.897
10Y12.82718.912-6.085
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Gree Electric Appliances Inc of Zhuhai:

  • The EOD is 7.517. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 6.960. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 5.958. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD7.517MRQ6.960+0.556
MRQ6.960TTM5.958+1.002
TTM5.958YOY7.683-1.725
TTM5.9585Y3.451+2.507
5Y3.45110Y4.518-1.067
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
EOD7.5173.897+3.620
MRQ6.9603.386+3.574
TTM5.9582.115+3.843
YOY7.6831.124+6.559
5Y3.4512.439+1.012
10Y4.5182.588+1.930
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Gree is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Furnishings, Fixtures & Appliances industry mean).
  • A PB ratio of 1.75 means the investor is paying ¥1.75 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Gree Electric Appliances Inc of Zhuhai:

  • The EOD is 1.888. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.749. Based on the equity, the company is underpriced. +1
  • The TTM is 1.835. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.888MRQ1.749+0.140
MRQ1.749TTM1.835-0.086
TTM1.835YOY1.924-0.089
TTM1.8355Y2.564-0.729
5Y2.56410Y3.128-0.564
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
EOD1.8881.600+0.288
MRQ1.7491.582+0.167
TTM1.8351.620+0.215
YOY1.9241.848+0.076
5Y2.5641.928+0.636
10Y3.1282.167+0.961
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Gree Electric Appliances Inc of Zhuhai compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.2040.701+72%0.581+107%0.307+292%0.386+212%
Book Value Per Share--20.75819.344+7%17.604+18%17.932+16%13.705+51%
Current Ratio--1.2391.223+1%1.133+9%1.225+1%0.692+79%
Debt To Asset Ratio--0.6970.714-2%0.6980%0.657+6%0.683+2%
Debt To Equity Ratio--2.3942.619-9%2.441-2%2.043+17%2.281+5%
Dividend Per Share--1.0881.0880%1.492-27%0.947+15%0.786+38%
Eps--1.3171.3170%1.075+23%1.065+24%0.922+43%
Free Cash Flow Per Share--1.3041.784-27%0.524+149%0.859+52%1.762-26%
Free Cash Flow To Equity Per Share---1.992-1.511-24%0.903-321%-0.555-72%1.202-266%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.974+3%
Intrinsic Value_10Y_max--74.083--------
Intrinsic Value_10Y_min--11.970--------
Intrinsic Value_1Y_max--7.114--------
Intrinsic Value_1Y_min--3.569--------
Intrinsic Value_3Y_max--21.610--------
Intrinsic Value_3Y_min--8.734--------
Intrinsic Value_5Y_max--36.392--------
Intrinsic Value_5Y_min--11.681--------
Market Cap220751278899.200+7%204420189388.800199746118942.720+2%198028166644.920+3%271534342475.542-25%230833583898.830-11%
Net Profit Margin--0.1320.132+0%0.129+3%0.123+7%0.122+8%
Operating Margin--0.1580.065+142%0.117+35%0.125+26%0.068+131%
Operating Ratio--1.5461.572-2%1.600-3%1.601-3%1.145+35%
Pb Ratio1.888+7%1.7491.835-5%1.924-9%2.564-32%3.128-44%
Pe Ratio7.439+7%6.8896.731+2%8.320-17%13.776-50%12.827-46%
Price Per Share39.200+7%36.30035.470+2%33.870+7%45.791-21%39.674-9%
Price To Free Cash Flow Ratio7.517+7%6.9605.958+17%7.683-9%3.451+102%4.518+54%
Price To Total Gains Ratio17.104+7%15.83920.696-23%21.006-25%71.580-78%47.182-66%
Quick Ratio--0.2040.138+48%0.217-6%0.184+11%0.238-14%
Return On Assets--0.0190.017+12%0.019+2%0.019+0%0.021-6%
Return On Equity--0.0660.063+5%0.066+1%0.059+12%0.068-4%
Total Gains Per Share--2.2921.789+28%2.073+11%1.254+83%1.172+96%
Usd Book Value--16178530700.48215076610006.616+7%14233804381.738+14%14636215235.454+11%11040112639.657+47%
Usd Book Value Change Per Share--0.1670.097+72%0.080+107%0.042+292%0.053+212%
Usd Book Value Per Share--2.8732.677+7%2.436+18%2.482+16%1.897+51%
Usd Dividend Per Share--0.1510.1510%0.206-27%0.131+15%0.109+38%
Usd Eps--0.1820.1820%0.149+23%0.147+24%0.128+43%
Usd Free Cash Flow--1016162974.4611390726830.621-27%415262725.201+145%692019795.404+47%1386184626.297-27%
Usd Free Cash Flow Per Share--0.1800.247-27%0.073+149%0.119+52%0.244-26%
Usd Free Cash Flow To Equity Per Share---0.276-0.209-24%0.125-321%-0.077-72%0.166-266%
Usd Market Cap30551976999.649+7%28291754211.41027644862861.672+2%27407098263.657+3%37580352998.615-25%31947368011.598-11%
Usd Price Per Share5.425+7%5.0244.909+2%4.688+7%6.337-21%5.491-9%
Usd Profit--1026771367.477909793392.110+13%890018568.294+15%827760467.474+24%689777389.877+49%
Usd Revenue--7753441028.0776837619897.643+13%6866325491.951+13%6601764224.560+17%5456095322.440+42%
Usd Total Gains Per Share--0.3170.248+28%0.287+11%0.174+83%0.162+96%
 EOD+4 -4MRQTTM+22 -9YOY+28 -75Y+26 -910Y+20 -16

3.2. Fundamental Score

Let's check the fundamental score of Gree Electric Appliances Inc of Zhuhai based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-157.439
Price to Book Ratio (EOD)Between0-11.888
Net Profit Margin (MRQ)Greater than00.132
Operating Margin (MRQ)Greater than00.158
Quick Ratio (MRQ)Greater than10.204
Current Ratio (MRQ)Greater than11.239
Debt to Asset Ratio (MRQ)Less than10.697
Debt to Equity Ratio (MRQ)Less than12.394
Return on Equity (MRQ)Greater than0.150.066
Return on Assets (MRQ)Greater than0.050.019
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Gree Electric Appliances Inc of Zhuhai based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.488
Ma 20Greater thanMa 5039.246
Ma 50Greater thanMa 10037.079
Ma 100Greater thanMa 20034.946
OpenGreater thanClose38.950
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CNY. All numbers in thousands.

Summary
Total Assets385,937,436
Total Liabilities269,040,538
Total Stockholder Equity112,367,276
 As reported
Total Liabilities 269,040,538
Total Stockholder Equity+ 112,367,276
Total Assets = 385,937,436

Assets

Total Assets385,937,436
Total Current Assets273,322,341
Long-term Assets112,615,096
Total Current Assets
Cash And Cash Equivalents 181,989,341
Short-term Investments 4,754,101
Net Receivables 40,286,837
Inventory 33,582,814
Other Current Assets 12,709,248
Total Current Assets  (as reported)273,322,341
Total Current Assets  (calculated)273,322,341
+/- 0
Long-term Assets
Property Plant Equipment 41,967,333
Goodwill 1,659,358
Intangible Assets 11,295,854
Other Assets 30,677,229
Long-term Assets  (as reported)112,615,096
Long-term Assets  (calculated)85,599,774
+/- 27,015,322

Liabilities & Shareholders' Equity

Total Current Liabilities220,555,921
Long-term Liabilities48,484,618
Total Stockholder Equity112,367,276
Total Current Liabilities
Short Long Term Debt 33,198,474
Accounts payable 69,890,546
Other Current Liabilities 96,719,745
Total Current Liabilities  (as reported)220,555,921
Total Current Liabilities  (calculated)199,808,765
+/- 20,747,155
Long-term Liabilities
Long term Debt 41,277,006
Capital Lease Obligations Min Short Term Debt806,797
Other Liabilities 6,400,814
Long-term Liabilities Other 46,063
Deferred Long Term Liability 23,165
Long-term Liabilities  (as reported)48,484,618
Long-term Liabilities  (calculated)48,553,846
+/- 69,228
Total Stockholder Equity
Common Stock5,631,406
Retained Earnings 106,534,787
Total Stockholder Equity (as reported)112,367,276
Total Stockholder Equity (calculated)112,166,193
+/- 201,084
Other
Capital Stock5,631,406
Common Stock Shares Outstanding 5,631,406
Net Invested Capital 186,842,756
Net Tangible Assets 99,412,064
Net Working Capital 52,766,420
Property Plant and Equipment Gross 41,967,333



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-06-302000-12-312000-06-30
> Total Assets 
4,310,916
5,785,825
5,830,670
6,922,277
7,140,500
6,584,135
6,700,448
7,144,164
8,594,932
8,880,682
8,889,270
8,289,078
10,203,352
11,123,138
10,605,636
12,760,655
14,693,810
14,365,422
13,583,989
12,681,200
15,877,989
15,055,358
16,318,897
15,994,070
19,285,714
18,909,682
22,616,483
25,547,955
27,499,543
26,949,477
30,465,552
30,799,962
34,293,589
40,195,117
54,726,428
51,530,251
52,083,913
49,379,065
63,117,463
65,604,378
61,052,396
66,262,583
86,918,116
85,211,594
84,770,981
86,208,502
108,408,880
107,566,900
113,123,662
110,408,300
129,485,606
133,702,103
136,704,110
130,205,563
159,503,877
156,230,949
162,609,483
163,975,183
170,290,575
161,698,016
172,278,678
172,090,813
181,707,469
182,369,705
198,764,382
204,578,126
220,723,783
214,967,999
218,364,653
219,066,764
247,522,820
251,234,157
263,394,762
283,152,059
291,836,468
282,972,157
275,192,787
282,701,983
274,221,770
279,217,924
306,181,005
311,890,824
286,085,295
319,598,184
333,688,998
356,723,062
354,794,420
355,024,759
384,610,524
398,564,975
385,937,436
385,937,436398,564,975384,610,524355,024,759354,794,420356,723,062333,688,998319,598,184286,085,295311,890,824306,181,005279,217,924274,221,770282,701,983275,192,787282,972,157291,836,468283,152,059263,394,762251,234,157247,522,820219,066,764218,364,653214,967,999220,723,783204,578,126198,764,382182,369,705181,707,469172,090,813172,278,678161,698,016170,290,575163,975,183162,609,483156,230,949159,503,877130,205,563136,704,110133,702,103129,485,606110,408,300113,123,662107,566,900108,408,88086,208,50284,770,98185,211,59486,918,11666,262,58361,052,39665,604,37863,117,46349,379,06552,083,91351,530,25154,726,42840,195,11734,293,58930,799,96230,465,55226,949,47727,499,54325,547,95522,616,48318,909,68219,285,71415,994,07016,318,89715,055,35815,877,98912,681,20013,583,98914,365,42214,693,81012,760,65510,605,63611,123,13810,203,3528,289,0788,889,2708,880,6828,594,9327,144,1646,700,4486,584,1357,140,5006,922,2775,830,6705,785,8254,310,916
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
171,531,119
197,545,709
199,710,949
211,040,404
228,838,548
237,148,176
213,364,041
202,259,146
207,550,613
205,819,567
213,632,987
241,952,922
226,647,957
212,392,144
225,849,652
243,748,068
253,883,099
260,882,127
255,140,039
277,381,491
289,432,618
273,322,341
273,322,341289,432,618277,381,491255,140,039260,882,127253,883,099243,748,068225,849,652212,392,144226,647,957241,952,922213,632,987205,819,567207,550,613202,259,146213,364,041237,148,176228,838,548211,040,404199,710,949197,545,709171,531,119000000000000000000000000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
101,945,480
104,269,796
113,079,030
113,287,867
121,100,132
136,233,238
125,400,715
121,665,393
129,557,451
130,986,601
136,413,144
146,590,589
134,455,011
119,532,245
116,939,299
128,735,597
135,338,872
152,853,137
157,484,332
186,305,662
191,653,681
181,989,341
181,989,341191,653,681186,305,662157,484,332152,853,137135,338,872128,735,597116,939,299119,532,245134,455,011146,590,589136,413,144130,986,601129,557,451121,665,393125,400,715136,233,238121,100,132113,287,867113,079,030104,269,796101,945,480000000000000000000000000000000000000000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,459,000
0
14,981,400
1,602,483
2,344,615
2,338,157
955,209
1,567,480
1,085,797
1,033,804
370,821
478,493
838,510
0
0
296,730
1,123,447
2,628,026
3,867,203
1,238,999
3,473,890
4,754,101
4,754,1013,473,8901,238,9993,867,2032,628,0261,123,447296,73000838,510478,493370,8211,033,8041,085,7971,567,480955,2092,338,1572,344,6151,602,48314,981,400010,459,000000000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
952,128
1,325,535
2,267,468
3,267,130
1,562,565
2,312,856
2,916,480
3,357,323
3,744,771
2,769,630
3,499,876
3,594,248
2,244,391
4,482,400
4,381,251
5,179,690
3,211,395
4,943,835
5,445,367
5,108,278
4,003,974
5,247,926
6,344,344
5,410,517
5,432,113
6,224,777
8,246,237
8,464,718
6,145,484
8,600,706
13,802,193
13,924,068
7,336,015
6,767,745
16,414,076
11,990,377
8,472,348
7,130,430
21,698,631
23,747,593
12,819,783
17,575,008
39,316,157
35,769,100
14,197,488
16,973,923
40,144,196
36,768,264
23,105,465
21,746,377
44,064,679
49,222,497
28,599,241
26,306,813
54,335,007
54,764,664
35,201,474
24,555,917
36,078,417
20,122,811
23,828,108
17,910,938
31,845,922
34,214,417
25,851,225
30,248,887
57,969,515
40,212,979
32,472,930
39,996,254
58,944,142
46,164,916
11,140,497
10,970,372
8,326,064
36,977,354
21,547,849
35,348,979
44,501,062
29,907,892
39,557,737
41,548,309
29,428,116
40,938,346
44,360,707
49,466,217
49,642,925
14,824,743
17,367,184
38,192,353
40,286,837
40,286,83738,192,35317,367,18414,824,74349,642,92549,466,21744,360,70740,938,34629,428,11641,548,30939,557,73729,907,89244,501,06235,348,97921,547,84936,977,3548,326,06410,970,37211,140,49746,164,91658,944,14239,996,25432,472,93040,212,97957,969,51530,248,88725,851,22534,214,41731,845,92217,910,93823,828,10820,122,81136,078,41724,555,91735,201,47454,764,66454,335,00726,306,81328,599,24149,222,49744,064,67921,746,37723,105,46536,768,26440,144,19616,973,92314,197,48835,769,10039,316,15717,575,00812,819,78323,747,59321,698,6317,130,4308,472,34811,990,37716,414,0766,767,7457,336,01513,924,06813,802,1938,600,7066,145,4848,464,7188,246,2376,224,7775,432,1135,410,5176,344,3445,247,9264,003,9745,108,2785,445,3674,943,8353,211,3955,179,6904,381,2514,482,4002,244,3913,594,2483,499,8762,769,6303,744,7713,357,3232,916,4802,312,8561,562,5653,267,1302,267,4681,325,535952,128
       Other Current Assets 
385,771
381,452
462,129
290,035
530,618
86,927
202,638
178,511
700,263
577,233
740,835
801,238
935,786
1,083,229
542,540
1,052,966
1,380,851
1,842,074
717,733
994,367
1,208,805
875,172
854,202
894,460
101,764
732,379
456,165
1,187,784
808,231
1,079,526
753,801
896,831
1,089,685
930,995
1,084,214
1,889,581
1,757,712
1,459,621
3,663,310
3,987,636
3,187,249
2,773,493
2,727,822
2,426,104
2,881,201
3,017,871
2,722,694
1,876,956
2,847,887
2,284,114
2,143,416
1,599,504
2,265,364
1,915,366
2,636,551
1,834,044
3,547,579
2,947,312
3,342,593
952,763
3,325,300
2,718,712
5,351,917
2,758,331
6,105,108
4,423,267
10,208,848
5,556,000
18,490,713
5,500,156
22,260,973
4,461,613
25,452,941
24,902,894
20,925,533
9,305,705
30,824,140
6,237,949
8,628,144
10,787,625
22,416,545
8,152,765
23,756,451
25,206,409
28,086,307
6,740,455
15,211,143
8,018,769
6,064,774
5,633,537
12,709,248
12,709,2485,633,5376,064,7748,018,76915,211,1436,740,45528,086,30725,206,40923,756,4518,152,76522,416,54510,787,6258,628,1446,237,94930,824,1409,305,70520,925,53324,902,89425,452,9414,461,61322,260,9735,500,15618,490,7135,556,00010,208,8484,423,2676,105,1082,758,3315,351,9172,718,7123,325,300952,7633,342,5932,947,3123,547,5791,834,0442,636,5511,915,3662,265,3641,599,5042,143,4162,284,1142,847,8871,876,9562,722,6943,017,8712,881,2012,426,1042,727,8222,773,4933,187,2493,987,6363,663,3101,459,6211,757,7121,889,5811,084,214930,9951,089,685896,831753,8011,079,526808,2311,187,784456,165732,379101,764894,460854,202875,1721,208,805994,367717,7331,842,0741,380,8511,052,966542,5401,083,229935,786801,238740,835577,233700,263178,511202,63886,927530,618290,035462,129381,452385,771
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
52,354,358
54,313,511
54,688,292
69,608,116
72,933,641
75,151,370
68,402,203
65,584,936
64,228,082
85,242,867
73,693,151
93,748,532
89,940,930
102,839,963
93,912,293
99,884,720
107,229,033
109,132,357
112,615,096
112,615,096109,132,357107,229,03399,884,72093,912,293102,839,96389,940,93093,748,53273,693,15185,242,86764,228,08265,584,93668,402,20375,151,37072,933,64169,608,11654,688,29254,313,51152,354,358000000000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
585,300
592,812
579,597
559,191
565,220
633,921
663,826
767,827
849,026
871,910
953,725
1,135,628
1,205,353
1,298,050
1,407,745
1,962,521
2,031,276
2,437,125
2,386,401
2,456,613
2,469,195
2,565,179
2,555,334
2,856,044
2,665,490
3,142,973
2,920,975
3,683,234
3,620,727
4,608,219
4,385,025
5,022,162
4,643,063
5,185,502
4,673,945
5,324,486
4,980,130
5,586,582
5,139,757
6,671,216
6,036,926
8,623,008
8,626,116
11,492,637
10,946,294
13,910,003
14,241,661
16,630,619
15,484,827
17,853,527
15,698,486
18,262,578
15,896,182
16,002,574
16,081,190
16,193,627
16,595,616
16,667,052
16,989,876
17,476,651
17,794,759
17,845,972
17,878,802
18,263,199
18,187,840
18,172,862
18,195,708
18,488,081
18,705,550
18,458,415
18,768,910
20,038,116
20,078,922
20,371,778
20,936,192
21,542,076
21,658,836
21,997,694
22,153,810
22,999,568
23,678,562
24,217,697
24,612,122
37,684,566
37,890,564
39,739,212
39,997,686
39,991,043
41,079,865
41,593,734
41,967,333
41,967,33341,593,73441,079,86539,991,04339,997,68639,739,21237,890,56437,684,56624,612,12224,217,69723,678,56222,999,56822,153,81021,997,69421,658,83621,542,07620,936,19220,371,77820,078,92220,038,11618,768,91018,458,41518,705,55018,488,08118,195,70818,172,86218,187,84018,263,19917,878,80217,845,97217,794,75917,476,65116,989,87616,667,05216,595,61616,193,62716,081,19016,002,57415,896,18218,262,57815,698,48617,853,52715,484,82716,630,61914,241,66113,910,00310,946,29411,492,6378,626,1168,623,0086,036,9266,671,2165,139,7575,586,5824,980,1305,324,4864,673,9455,185,5024,643,0635,022,1624,385,0254,608,2193,620,7273,683,2342,920,9753,142,9732,665,4902,856,0442,555,3342,565,1792,469,1952,456,6132,386,4012,437,1252,031,2761,962,5211,407,7451,298,0501,205,3531,135,628953,725871,910849,026767,827663,826633,921565,220559,191579,597592,812585,300
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
51,804
51,804
361,104
361,104
325,919
325,919
325,919
325,919
201,903
201,903
201,903
201,903
707,629
707,629
1,771,018
1,771,018
1,659,358
1,659,358
1,659,358
1,659,358
1,659,3581,659,3581,659,3581,659,3581,771,0181,771,018707,629707,629201,903201,903201,903201,903325,919325,919325,919325,919361,104361,10451,80451,80400000000000000000000000000000000000000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,284,594
3,693,904
4,466,927
4,054,011
4,084,075
3,945,365
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000003,945,3654,084,0754,054,0114,466,9273,693,9043,284,594000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
79,943
78,550
117,616
121,457
120,291
142,072
133,853
86,485
98,954
99,669
106,000
101,570
113,095
135,932
110,850
70,356
68,850
2,278
80,917
997
64,238
546
62,320
154
352,929
196
385,485
864
483,297
122
477,965
773
446,935
747
506,789
933
503,233
5,141
535,304
6,831
1,090,524
8,349
1,364,841
10,950
1,658,762
9,629
1,641,295
9,477
2,164,102
9,767
2,250,735
9,712
2,401,479
2,447,723
2,494,351
2,480,294
2,466,040
2,551,751
2,624,446
2,656,144
3,074,541
3,059,575
3,273,239
3,355,276
3,510,508
3,516,603
3,579,084
3,604,467
3,582,922
3,663,249
4,359,131
5,204,500
5,362,679
880,084
5,712,001
5,305,541
5,402,535
5,832,692
5,827,774
5,878,289
5,839,115
6,431,148
6,890,788
9,916,967
9,964,848
11,628,445
11,588,998
11,621,853
11,541,289
11,380,267
11,295,854
11,295,85411,380,26711,541,28911,621,85311,588,99811,628,4459,964,8489,916,9676,890,7886,431,1485,839,1155,878,2895,827,7745,832,6925,402,5355,305,5415,712,001880,0845,362,6795,204,5004,359,1313,663,2493,582,9223,604,4673,579,0843,516,6033,510,5083,355,2763,273,2393,059,5753,074,5412,656,1442,624,4462,551,7512,466,0402,480,2942,494,3512,447,7232,401,4799,7122,250,7359,7672,164,1029,4771,641,2959,6291,658,76210,9501,364,8418,3491,090,5246,831535,3045,141503,233933506,789747446,935773477,965122483,297864385,485196352,92915462,32054664,23899780,9172,27868,85070,356110,850135,932113,095101,570106,00099,66998,95486,485133,853142,072120,291121,457117,61678,55079,943
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,388,252
1,114,812
1,307,089
1,245,164
1,211,772
1,038,292
23,429,552
788,118
775,577
910,115
2,397,830
716,249
748,686
976,731
937,815
1,039,713
1,345,380
1,256,175
7,050,746
7,050,7461,256,1751,345,3801,039,713937,815976,731748,686716,2492,397,830910,115775,577788,11823,429,5521,038,2921,211,7721,245,1641,307,0891,114,8121,388,252000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
3,106,174
4,136,141
4,021,017
5,166,208
5,324,230
4,673,160
4,686,597
5,281,840
6,662,716
6,832,888
6,733,971
6,095,331
7,930,421
8,884,720
8,232,746
10,244,825
12,289,936
11,781,239
10,846,813
9,871,509
12,949,706
11,984,656
13,279,128
12,848,498
15,875,109
15,148,618
18,387,232
19,687,820
21,208,055
20,314,247
23,417,512
23,072,688
26,033,381
31,465,215
45,212,505
40,877,565
40,794,223
38,101,092
50,453,067
51,592,670
46,087,185
50,879,184
70,067,248
66,834,440
60,014,883
63,208,974
82,883,763
79,986,698
84,224,895
81,886,361
97,306,394
98,235,426
99,046,997
93,506,115
118,731,286
111,099,497
114,682,572
121,861,191
124,333,729
113,131,408
120,524,501
126,089,511
130,843,776
127,446,102
139,817,232
151,024,574
160,983,359
148,133,202
146,178,466
139,423,147
159,473,767
158,519,446
168,491,284
189,176,320
189,468,189
170,924,501
160,334,499
167,543,375
157,881,977
162,337,437
191,551,539
211,855,029
192,059,396
211,672,733
232,700,886
255,370,865
253,678,551
253,148,711
277,761,647
288,446,624
269,040,538
269,040,538288,446,624277,761,647253,148,711253,678,551255,370,865232,700,886211,672,733192,059,396211,855,029191,551,539162,337,437157,881,977167,543,375160,334,499170,924,501189,468,189189,176,320168,491,284158,519,446159,473,767139,423,147146,178,466148,133,202160,983,359151,024,574139,817,232127,446,102130,843,776126,089,511120,524,501113,131,408124,333,729121,861,191114,682,572111,099,497118,731,28693,506,11599,046,99798,235,42697,306,39481,886,36184,224,89579,986,69882,883,76363,208,97460,014,88366,834,44070,067,24850,879,18446,087,18551,592,67050,453,06738,101,09240,794,22340,877,56545,212,50531,465,21526,033,38123,072,68823,417,51220,314,24721,208,05519,687,82018,387,23215,148,61815,875,10912,848,49813,279,12811,984,65612,949,7069,871,50910,846,81311,781,23912,289,93610,244,8258,232,7468,884,7207,930,4216,095,3316,733,9716,832,8886,662,7165,281,8404,686,5974,673,1605,324,2305,166,2084,021,0174,136,1413,106,174
   > Total Current Liabilities 
3,068,834
4,133,641
4,018,517
5,164,208
5,322,230
4,671,160
4,684,597
5,279,840
6,660,717
6,830,887
6,731,971
6,092,331
7,926,381
8,881,720
8,229,747
10,206,269
12,284,431
11,775,734
10,841,308
9,866,204
12,943,351
11,976,248
13,270,720
12,835,023
15,861,164
15,135,042
18,372,556
19,685,179
21,205,415
20,311,606
23,414,872
22,795,218
25,814,457
31,461,545
44,238,518
38,782,208
38,209,407
37,867,921
49,282,291
49,674,947
41,798,457
45,747,399
64,721,424
64,193,016
57,903,515
61,593,733
81,768,918
78,830,359
82,801,499
80,380,557
95,868,888
96,491,214
97,533,425
91,067,556
116,031,442
108,388,522
113,191,407
121,041,900
123,911,259
112,625,181
120,077,093
125,605,648
130,444,864
126,876,280
139,242,763
150,419,506
160,471,783
147,490,789
145,511,327
138,716,515
158,741,680
157,686,126
167,631,347
188,144,425
188,511,694
169,568,300
158,841,874
164,559,294
154,527,413
158,478,718
184,396,915
203,092,429
179,930,014
197,101,385
217,740,981
232,018,415
222,132,972
216,371,937
221,902,914
236,839,377
220,555,921
220,555,921236,839,377221,902,914216,371,937222,132,972232,018,415217,740,981197,101,385179,930,014203,092,429184,396,915158,478,718154,527,413164,559,294158,841,874169,568,300188,511,694188,144,425167,631,347157,686,126158,741,680138,716,515145,511,327147,490,789160,471,783150,419,506139,242,763126,876,280130,444,864125,605,648120,077,093112,625,181123,911,259121,041,900113,191,407108,388,522116,031,44291,067,55697,533,42596,491,21495,868,88880,380,55782,801,49978,830,35981,768,91861,593,73357,903,51564,193,01664,721,42445,747,39941,798,45749,674,94749,282,29137,867,92138,209,40738,782,20844,238,51831,461,54525,814,45722,795,21823,414,87220,311,60621,205,41519,685,17918,372,55615,135,04215,861,16412,835,02313,270,72011,976,24812,943,3519,866,20410,841,30811,775,73412,284,43110,206,2698,229,7478,881,7207,926,3816,092,3316,731,9716,830,8876,660,7175,279,8404,684,5974,671,1605,322,2305,164,2084,018,5174,133,6413,068,834
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
19,854,181
19,518,712
22,456,352
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000022,456,35219,518,71219,854,181000000000000000000000000000000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
19,854,181
19,518,712
22,456,352
16,944,623
22,111,769
21,937,494
19,286,504
20,604,405
27,984,582
22,243,270
20,253,887
28,664,506
42,729,274
53,011,421
58,468,414
52,895,851
54,059,889
47,687,573
33,198,474
33,198,47447,687,57354,059,88952,895,85158,468,41453,011,42142,729,27428,664,50620,253,88722,243,27027,984,58220,604,40519,286,50421,937,49422,111,76916,944,62322,456,35219,518,71219,854,181000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
1,803,093
2,642,697
3,158,430
2,917,890
3,802,648
3,735,745
3,724,332
3,154,119
4,316,416
4,935,087
4,555,860
4,524,268
5,468,927
6,789,998
6,391,406
6,925,416
7,621,165
8,788,471
6,800,307
6,680,517
8,288,421
8,698,793
7,978,267
8,441,926
8,951,561
11,428,654
10,825,728
10,792,044
13,203,783
13,586,151
12,371,075
11,027,789
14,449,547
22,365,337
24,557,263
20,043,470
18,007,823
18,964,187
22,409,864
22,739,478
19,561,530
24,834,546
25,319,945
26,280,485
22,443,911
27,510,111
30,077,250
30,648,593
29,883,679
33,427,435
34,258,353
35,664,703
34,422,431
36,432,988
37,102,216
33,666,916
32,949,345
35,588,927
33,219,232
32,221,904
31,663,031
33,253,380
37,295,619
38,668,804
42,112,133
42,753,194
43,142,079
44,319,816
41,840,863
45,659,352
45,946,440
49,822,800
61,683,588
79,242,885
78,739,917
66,942,024
57,466,346
61,389,264
56,755,318
53,031,731
55,588,125
74,676,899
72,551,152
76,619,075
79,468,139
79,637,076
73,962,274
71,465,972
66,981,177
69,266,175
69,890,546
69,890,54669,266,17566,981,17771,465,97273,962,27479,637,07679,468,13976,619,07572,551,15274,676,89955,588,12553,031,73156,755,31861,389,26457,466,34666,942,02478,739,91779,242,88561,683,58849,822,80045,946,44045,659,35241,840,86344,319,81643,142,07942,753,19442,112,13338,668,80437,295,61933,253,38031,663,03132,221,90433,219,23235,588,92732,949,34533,666,91637,102,21636,432,98834,422,43135,664,70334,258,35333,427,43529,883,67930,648,59330,077,25027,510,11122,443,91126,280,48525,319,94524,834,54619,561,53022,739,47822,409,86418,964,18718,007,82320,043,47024,557,26322,365,33714,449,54711,027,78912,371,07513,586,15113,203,78310,792,04410,825,72811,428,6548,951,5618,441,9267,978,2678,698,7938,288,4216,680,5176,800,3078,788,4717,621,1656,925,4166,391,4066,789,9985,468,9274,524,2684,555,8604,935,0874,316,4163,154,1193,724,3323,735,7453,802,6482,917,8903,158,4302,642,6971,803,093
       Other Current Liabilities 
1,265,741
1,490,944
860,087
2,246,318
1,519,582
935,415
960,265
2,125,721
2,344,301
1,895,800
2,176,111
1,568,063
2,457,454
2,091,722
1,838,341
2,952,703
4,368,116
2,621,968
3,678,692
2,809,674
4,368,391
3,161,620
5,228,453
4,342,097
6,909,603
3,706,388
7,546,828
8,893,135
8,001,632
6,506,282
10,529,128
11,759,027
11,316,397
8,779,467
19,215,156
17,777,105
18,554,882
16,402,172
24,943,410
25,035,090
19,357,742
17,873,889
37,023,522
32,996,629
31,151,646
28,770,958
45,898,225
42,147,360
47,397,426
42,138,946
57,333,928
56,586,092
57,657,427
47,596,408
72,396,186
68,477,885
70,924,482
72,489,885
78,522,662
71,714,872
80,662,021
84,511,080
82,944,364
77,502,121
80,741,907
86,011,771
97,317,935
84,524,878
82,223,370
8,002,506
83,914,098
17,139,549
65,242,880
65,246,319
63,315,106
13,563,999
76,152,138
10,685,255
75,316,188
17,196,638
96,100,766
32,530,915
82,261,095
87,095,879
90,478,708
37,375,765
84,713,446
57,748,818
59,987,803
45,165,281
96,719,745
96,719,74545,165,28159,987,80357,748,81884,713,44637,375,76590,478,70887,095,87982,261,09532,530,91596,100,76617,196,63875,316,18810,685,25576,152,13813,563,99963,315,10665,246,31965,242,88017,139,54983,914,0988,002,50682,223,37084,524,87897,317,93586,011,77180,741,90777,502,12182,944,36484,511,08080,662,02171,714,87278,522,66272,489,88570,924,48268,477,88572,396,18647,596,40857,657,42756,586,09257,333,92842,138,94647,397,42642,147,36045,898,22528,770,95831,151,64632,996,62937,023,52217,873,88919,357,74225,035,09024,943,41016,402,17218,554,88217,777,10519,215,1568,779,46711,316,39711,759,02710,529,1286,506,2828,001,6328,893,1357,546,8283,706,3886,909,6034,342,0975,228,4533,161,6204,368,3912,809,6743,678,6922,621,9684,368,1162,952,7031,838,3412,091,7222,457,4541,568,0632,176,1111,895,8002,344,3012,125,721960,265935,4151,519,5822,246,318860,0871,490,9441,265,741
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
859,937
1,031,895
956,495
1,356,201
1,492,625
2,984,081
3,354,564
3,858,718
7,154,624
8,762,599
12,129,381
14,571,347
14,959,905
23,352,450
31,545,578
36,776,774
55,858,733
51,607,247
48,484,618
48,484,61851,607,24755,858,73336,776,77431,545,57823,352,45014,959,90514,571,34712,129,3818,762,5997,154,6243,858,7183,354,5642,984,0811,492,6251,356,201956,4951,031,895859,937000000000000000000000000000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
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0
0
0
0
0
0
0
0
0
-19,854,181
-19,518,712
-22,456,352
0
0
0
0
0
12,115
2,744
5,821
3,313
5,416
157,749
151,865
146,837
829,440
815,028
806,797
806,797815,028829,440146,837151,865157,7495,4163,3135,8212,74412,11500000-22,456,352-19,518,712-19,854,181000000000000000000000000000000000000000000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-783,000
-780,000
-579,000
-2,074,500
-299,164
-341,271
0
-475,034
-1,474,358
-1,551,138
-728,784
446,195
401,899
199,745
189,152
104,644
71,917
46,770
46,063
46,06346,77071,917104,644189,152199,745401,899446,195-728,784-1,551,138-1,474,358-475,0340-341,271-299,164-2,074,500-579,000-780,000-783,000000000000000000000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
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0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,465
4,345
4,238
3,957
3,981
2,130
2,718
2,081
1,888
1,964
8,568
1,880
2,288
2,054
18,724
16,206
22,896
22,158
0
0
22,900
23,165
23,16522,9000022,15822,89616,20618,7242,0542,2881,8808,5681,9641,8882,0812,7182,1303,9813,9574,2384,3454,465000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
1,174,655
1,618,521
1,778,193
1,724,655
1,783,536
1,879,781
1,981,875
1,835,288
1,905,635
2,021,638
2,133,566
2,172,336
2,250,385
2,214,474
2,347,908
2,441,298
2,329,873
2,502,445
2,651,808
2,721,938
2,833,688
3,031,464
3,005,124
3,113,029
3,378,905
3,726,577
4,014,468
5,627,615
6,057,345
6,394,330
6,798,491
7,477,541
7,897,070
8,231,525
9,012,138
9,969,900
10,604,027
10,591,478
11,971,156
13,302,555
14,248,946
14,654,792
16,107,043
17,606,866
22,022,965
22,198,023
24,702,508
26,743,134
28,052,979
27,669,947
31,300,105
34,582,810
36,751,740
35,788,009
39,838,644
44,152,655
46,933,980
41,114,825
44,933,787
47,521,376
50,692,737
44,912,539
49,745,061
53,863,951
57,866,571
52,458,215
58,623,900
65,595,006
70,920,902
78,323,539
86,685,395
91,327,095
93,489,992
92,441,687
100,792,353
110,153,573
112,943,746
113,612,600
114,752,046
115,190,211
112,929,506
98,311,477
92,287,683
103,651,655
97,335,816
95,328,500
95,713,203
96,758,735
101,941,538
105,303,227
112,367,276
112,367,276105,303,227101,941,53896,758,73595,713,20395,328,50097,335,816103,651,65592,287,68398,311,477112,929,506115,190,211114,752,046113,612,600112,943,746110,153,573100,792,35392,441,68793,489,99291,327,09586,685,39578,323,53970,920,90265,595,00658,623,90052,458,21557,866,57153,863,95149,745,06144,912,53950,692,73747,521,37644,933,78741,114,82546,933,98044,152,65539,838,64435,788,00936,751,74034,582,81031,300,10527,669,94728,052,97926,743,13424,702,50822,198,02322,022,96517,606,86616,107,04314,654,79214,248,94613,302,55511,971,15610,591,47810,604,0279,969,9009,012,1388,231,5257,897,0707,477,5416,798,4916,394,3306,057,3455,627,6154,014,4683,726,5773,378,9053,113,0293,005,1243,031,4642,833,6882,721,9382,651,8082,502,4452,329,8732,441,2982,347,9082,214,4742,250,3852,172,3362,133,5662,021,6381,905,6351,835,2881,981,8751,879,7811,783,5361,724,6551,778,1931,618,5211,174,655
   Common Stock
325,200
357,960
536,940
536,940
536,940
536,940
536,940
536,940
536,940
536,940
536,940
536,940
536,940
536,940
536,940
536,940
536,940
536,940
536,940
536,940
536,940
536,940
805,410
805,410
805,410
805,410
805,410
834,930
834,930
834,930
1,252,395
1,252,395
1,252,395
1,878,593
1,878,593
1,878,593
1,878,593
1,878,593
2,817,889
2,817,889
2,817,889
2,817,889
2,817,889
2,817,889
3,007,865
3,007,865
3,007,865
3,007,865
3,007,865
3,007,865
3,007,865
3,007,865
3,007,865
3,007,865
3,007,865
3,007,865
3,007,865
3,007,865
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
6,015,731
5,914,469
5,914,469
5,914,469
5,631,406
0
0
5,631,406
5,631,406
5,631,4065,631,406005,631,4065,914,4695,914,4695,914,4696,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7316,015,7313,007,8653,007,8653,007,8653,007,8653,007,8653,007,8653,007,8653,007,8653,007,8653,007,8653,007,8653,007,8653,007,8653,007,8652,817,8892,817,8892,817,8892,817,8892,817,8892,817,8891,878,5931,878,5931,878,5931,878,5931,878,5931,252,3951,252,3951,252,395834,930834,930834,930805,410805,410805,410805,410805,410536,940536,940536,940536,940536,940536,940536,940536,940536,940536,940536,940536,940536,940536,940536,940536,940536,940536,940536,940536,940357,960325,200
   Retained Earnings 
116,969
0
160,511
0
58,881
166,552
268,795
48,475
118,821
234,825
345,928
334,230
412,280
376,368
509,802
273,475
164,220
339,088
490,941
233,589
345,689
534,910
503,874
560,927
824,821
1,102,810
1,378,154
1,983,984
2,420,080
2,736,260
3,179,935
3,740,538
4,171,798
4,473,521
5,233,727
5,902,216
6,541,271
6,535,532
6,913,699
8,030,476
8,965,200
9,392,632
10,957,659
12,155,498
13,329,141
13,522,705
15,983,744
17,572,277
18,907,472
18,579,755
22,143,108
25,395,564
30,655,430
29,607,121
33,650,360
37,935,777
40,711,135
34,632,934
38,864,902
41,444,623
44,604,439
38,823,497
43,650,086
47,841,992
51,856,528
46,466,160
52,474,385
59,567,095
65,148,720
72,373,296
80,685,531
85,768,791
84,002,132
83,056,861
91,424,163
97,784,171
99,342,184
96,927,431
104,264,016
106,838,844
110,281,743
99,543,132
105,839,518
105,458,950
103,608,868
100,505,899
93,695,552
91,458,074
95,826,936
99,114,541
106,534,787
106,534,78799,114,54195,826,93691,458,07493,695,552100,505,899103,608,868105,458,950105,839,51899,543,132110,281,743106,838,844104,264,01696,927,43199,342,18497,784,17191,424,16383,056,86184,002,13285,768,79180,685,53172,373,29665,148,72059,567,09552,474,38546,466,16051,856,52847,841,99243,650,08638,823,49744,604,43941,444,62338,864,90234,632,93440,711,13537,935,77733,650,36029,607,12130,655,43025,395,56422,143,10818,579,75518,907,47217,572,27715,983,74413,522,70513,329,14112,155,49810,957,6599,392,6328,965,2008,030,4766,913,6996,535,5326,541,2715,902,2165,233,7274,473,5214,171,7983,740,5383,179,9352,736,2602,420,0801,983,9841,378,1541,102,810824,821560,927503,874534,910345,689233,589490,941339,088164,220273,475509,802376,368412,280334,230345,928234,825118,82148,475268,795166,55258,8810160,5110116,969
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
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0
0
0
0
0
0
0
0
0
-169,368
-119,747
-550,806
-450,340
-553,373
-570,010
6,260,292
7,492,452
10,576,058
9,558,227
7,396,060
6,931,638
7,806,979
7,312,372
11,732,008
7,173,798
8,176,860
1,626,671
0
2,751,672
1,274,756
575,292
575,2921,274,7562,751,67201,626,6718,176,8607,173,79811,732,0087,312,3727,806,9796,931,6387,396,0609,558,22710,576,0587,492,4526,260,292-570,010-553,373-450,340-550,806-119,747-169,368000000000000000000000000000000000000000000000000000000000000000000000



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue197,619,072
Cost of Revenue-139,769,898
Gross Profit57,849,17457,849,174
 
Operating Income (+$)
Gross Profit57,849,174
Operating Expense-170,075,482
Operating Income27,543,590-112,226,308
 
Operating Expense (+$)
Research Development6,745,648
Selling General Administrative22,288,027
Selling And Marketing Expenses-
Operating Expense170,075,48229,033,674
 
Net Interest Income (+$)
Interest Income3,439,146
Interest Expense-2,970,185
Other Finance Cost-2,404,862
Net Interest Income2,873,823
 
Pretax Income (+$)
Operating Income27,543,590
Net Interest Income2,873,823
Other Non-Operating Income Expenses-
Income Before Tax (EBT)29,745,68427,543,590
EBIT - interestExpense = -2,970,185
26,294,607
29,264,792
Interest Expense2,970,185
Earnings Before Interest and Taxes (EBIT)-32,715,869
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax29,745,684
Tax Provision-4,654,735
Net Income From Continuing Ops25,090,94825,090,948
Net Income26,294,607
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--2,873,823
 

Technical Analysis of Gree
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Gree. The general trend of Gree is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Gree's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Gree Electric Appliances Inc of Zhuhai.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 41.25 < 41.50.

The bearish price targets are: 37.75 > 37.33 > 36.92.

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Gree Electric Appliances Inc of Zhuhai Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Gree Electric Appliances Inc of Zhuhai. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Gree Electric Appliances Inc of Zhuhai Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Gree Electric Appliances Inc of Zhuhai. The current macd is 0.26741732.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Gree price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Gree. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Gree price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Gree Electric Appliances Inc of Zhuhai Daily Moving Average Convergence/Divergence (MACD) ChartGree Electric Appliances Inc of Zhuhai Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Gree Electric Appliances Inc of Zhuhai. The current adx is 27.02.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Gree shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Gree Electric Appliances Inc of Zhuhai Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Gree Electric Appliances Inc of Zhuhai. The current sar is 37.75.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Gree Electric Appliances Inc of Zhuhai Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Gree Electric Appliances Inc of Zhuhai. The current rsi is 59.49. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Gree Electric Appliances Inc of Zhuhai Daily Relative Strength Index (RSI) ChartGree Electric Appliances Inc of Zhuhai Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Gree Electric Appliances Inc of Zhuhai. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Gree price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Gree Electric Appliances Inc of Zhuhai Daily Stochastic Oscillator ChartGree Electric Appliances Inc of Zhuhai Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Gree Electric Appliances Inc of Zhuhai. The current cci is -16.77352503.

Gree Electric Appliances Inc of Zhuhai Daily Commodity Channel Index (CCI) ChartGree Electric Appliances Inc of Zhuhai Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Gree Electric Appliances Inc of Zhuhai. The current cmo is 20.49.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Gree Electric Appliances Inc of Zhuhai Daily Chande Momentum Oscillator (CMO) ChartGree Electric Appliances Inc of Zhuhai Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Gree Electric Appliances Inc of Zhuhai. The current willr is -58.57142857.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Gree is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Gree Electric Appliances Inc of Zhuhai Daily Williams %R ChartGree Electric Appliances Inc of Zhuhai Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Gree Electric Appliances Inc of Zhuhai.

Gree Electric Appliances Inc of Zhuhai Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Gree Electric Appliances Inc of Zhuhai. The current atr is 0.81546695.

Gree Electric Appliances Inc of Zhuhai Daily Average True Range (ATR) ChartGree Electric Appliances Inc of Zhuhai Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Gree Electric Appliances Inc of Zhuhai. The current obv is 1,428,438,536.

Gree Electric Appliances Inc of Zhuhai Daily On-Balance Volume (OBV) ChartGree Electric Appliances Inc of Zhuhai Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Gree Electric Appliances Inc of Zhuhai. The current mfi is 32.16.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Gree Electric Appliances Inc of Zhuhai Daily Money Flow Index (MFI) ChartGree Electric Appliances Inc of Zhuhai Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Gree Electric Appliances Inc of Zhuhai.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-20RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-10CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.

6.3. Candlestick Patterns

Gree Electric Appliances Inc of Zhuhai Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Gree Electric Appliances Inc of Zhuhai based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.488
Ma 20Greater thanMa 5039.246
Ma 50Greater thanMa 10037.079
Ma 100Greater thanMa 20034.946
OpenGreater thanClose38.950
Total3/5 (60.0%)
Penke

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