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Gree Electric Appliances Inc of Zhuhai
SZSE:000651

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Gree Electric Appliances Inc of Zhuhai
SZSE:000651
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Price: 40.05 CNY -1.04% Market Closed
Market Cap: ¥219.3B

P/E

7.1
Current
6%
Cheaper
vs 3-y average of 7.6

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
7.1
=
Market Cap
¥215.8B
/
Net Income
¥31.7B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
7.1
=
Market Cap
¥215.8B
/
Net Income
¥31.7B

Valuation Scenarios

Gree Electric Appliances Inc of Zhuhai is trading below its 3-year average

If P/E returns to its 3-Year Average (7.6), the stock would be worth ¥42.77 (7% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+318%
Average Upside
137%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 7.1 ¥40.05
0%
3-Year Average 7.6 ¥42.77
+7%
5-Year Average 7.6 ¥42.79
+7%
Industry Average 22.4 ¥126.55
+216%
Country Average 29.6 ¥167.58
+318%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
¥215.8B
/
Oct 2025
¥31.7B
=
7.1
Current
¥215.8B
/
Dec 2025
¥31.1B
=
6.9
Forward
¥215.8B
/
Dec 2026
¥31.3B
=
6.9
Forward
¥215.8B
/
Dec 2027
¥32.8B
=
6.6
Forward
¥215.8B
/
Dec 2028
¥24.7B
=
8.7
Forward
¥215.8B
/
Dec 2029
¥24.3B
=
8.9
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Lower than 93% of companies in China
Percentile
7th
Based on 5 557 companies
7th percentile
7.1
Low
0 — 17.1
Typical Range
17.1 — 57.7
High
57.7 —
Distribution Statistics
China
Min 0
30th Percentile 17.1
Median 29.6
70th Percentile 57.7
Max 43 569.3

Gree Electric Appliances Inc of Zhuhai
Glance View

Market Cap
219.3B CNY
Industry
Consumer products

In the heart of China's vibrant manufacturing sector, Gree Electric Appliances Inc., headquartered in Zhuhai, has carved an extraordinary narrative of industrial growth and ingenuity. Established in 1991, the company began its journey as a humble manufacturer of residential air conditioners. Over the years, Gree has transcended its foundational roots to become a global titan, adeptly navigating the complexities of international markets while maintaining its reputation for innovation and quality. The company's core proficiency lies in its vast production capabilities and commitment to technological advancement, ensuring it consistently meets the evolving demands of consumer and commercial markets. Gree's vertically integrated model entails controlling every aspect of its supply chain—from research and development to manufacturing and sales—placing it in a formidable position to optimize costs and elevate product excellence. As Gree expanded its horizons, the pursuit of diversification became intrinsic to its business model. Today, the company engages in a broader spectrum of the appliance industry, encompassing air conditioning, home appliances, smart equipment, industrial technology, and even forays into renewable energy. A significant portion of Gree's revenue is driven by its international sales, underpinned by a vast distribution network and strategic partnerships worldwide. The company capitalizes on its robust R&D capabilities to sustain a competitive edge, driving innovations in energy efficiency and smart home technology. This relentless focus not only enhances its product offerings but also fortifies its market presence in a rapidly evolving global landscape. The symbiotic relationship between its expansive product range and deep-rooted commitment to quality continues to propel Gree Electric Appliances as a stalwart in the industry, synonymous with reliability and technological prowess.

Intrinsic Value
42.23 CNY
Undervaluation 5%
Intrinsic Value
Price ¥40.05
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