GreenTree Hospitality Group (ADR) (GHG)
Operates franchised hotel brands and restaurant chains across China.
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Runs a multi-brand China lodging network and the Da Niang Dumplings and Bellagio restaurant chains. Its largely franchised-and-managed model connects hotels through membership, booking, and central support systems.
Runs hotel brands spanning economy through luxury segments, built around the GreenTree Inn network and expanded with brands including GreenTree Eastern, GreenTree Alliance, Vatica, and Shell. The group serves hotel guests and franchisees across China through a largely franchised-and-managed model.
Membership, booking, decoration, engineering, purchasing, operations, IT, and finance functions support the hotel network. Da Niang Dumplings and Bellagio added restaurant management to the group after a common-control acquisition.
Together, franchisee participation, network and booking infrastructure, brand quality, and conditions in China’s lodging and restaurant markets shape the operating model.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
No analyst notes in the last 24 months.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $296.3M · Total debt $226.3M · Total assets $717.1M · Shareholders' equity $243.0M
- Revenue
- $35.0M
- Operating income
- $6.8M
- Net income
- $3.1M
Reported in CNY, converted at the latest exchange rate
HistoryDividendAnnual yield
| Institutions | 6.32% | 6.38M ADS | |
|---|---|---|---|
| 10 holders · as of Jun 30, 2026 | |||
| Insiders | 1.38% | 1.40M ADS | |
| 2 holders · as of Mar 27, 2026 | |||
| Strategic holders | 3.55% | 3.59M ADS | |
| 1 holder · as of Feb 5, 2020 | |||
| Other | 88.75% | 89.61M ADS | |
| remainder | |||
100.98M ADS as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Dec 2022 annual report; nothing newer is on file here.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Allspring Global Investments Holdings, LLCInstitution | 4.54% | 4.58M A ADS | as of Jun 30, 2026 |
Wells Fargo & CompanyStrategic | 3.55% | 3.59M | filed Feb 5, 2020 |
Gregory James KarnsInsiderdirector | 1.38% | 1.40M A ordinary | filed Mar 26, 2026 |
Oasis Management Co Ltd.Institution | 1.09% | 1.10M A ADS | as of Jun 30, 2026 |
SEI Investments CoInstitution | 0.45% | 458,435 A ADS | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- H World Group (ADR)
Economy-to-upscale chain operator with nationwide brand breadth
- Atour Lifestyle (ADR)
China lifestyle hotel group with upper-midscale concentration
CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| GreenTree Hospitality Group (ADR) | $1.02 | +2.00% | $104.0M | 16.4 | 2.4 | 0.7 | −15.3% |
| H World Group (ADR) | $43.34 | −0.02% | $13.41B | 18.7 | 21.3 | 3.4 | +17.0% |
| Atour Lifestyle (ADR) | $33.21 | +0.02% | $4.57B | 15.7 | 18.3 | 2.6 | +49.2% |
| Median | 17.2 | 19.8 | 3.0 | +33.1% |




