GreenTree Hospitality Group Ltd.

NYSE GHG

GreenTree Hospitality Group Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 1.27

GreenTree Hospitality Group Ltd. Debt to Equity Ratio is 1.27 for the year ending December 31, 2023, a -10.58% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

GreenTree Hospitality Group Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 1.42, a 291.34% change year over year.
GreenTree Hospitality Group Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.36, a 409.29% change year over year.
GreenTree Hospitality Group Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.07, a 113.68% change year over year.
GreenTree Hospitality Group Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.03, a 3.18% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NYSE: GHG

GreenTree Hospitality Group Ltd.

CEO	Mr. Alex S. Xu Ph.D.
IPO Date	March 27, 2018
Location	China
Headquarters	2451 Hongqiao Road
Employees	2,523
Sector	Consumer Discretionary
Industries Hotels Hospitality

Description

GreenTree Hospitality Group Ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels under the GreenTree brand in the People's Republic of China. As of December 31, 2021, it operated 66 leased-and-operated hotels with 7,064 rooms; and had franchised-and-managed hotels network consisting of 4,593 hotels with 330,089 rooms covering 367 cities in China, and an additional 1,225 hotels with 91,887 rooms that were contracted for or under development. The company was founded in 2004 and is headquartered in Shanghai, the People's Republic of China. GreenTree Hospitality Group Ltd. is a subsidiary of GreenTree Inns Hotel Management Group, Inc.

Key trends

Past 5 years