GreenTree Hospitality Group Ltd. Sponsored ADR Accrued Expenses

Accrued Expenses of GHG for past 10 years: annual, quarterly and twelve month trailing (TTM) including Accrued Expenses growth rates and interactive chart. Accrued expense is expense which has been incurred but not yet paid. Expense must be recorded in the accounting period in which it is incurred. Therefore, accrued expense must be recognized in the accounting period in which it occurs rather than in the following period in which it will be paid.


Highlights and Quick Summary

  • Accrued Expenses for the quarter ending September 29, 2020 was $53.4 Million (a 17.62% increase compared to previous quarter)
  • Year-over-year quarterly Accrued Expenses increased by 7.8%
  • Annual Accrued Expenses for 2019 was $49.6 Million (a 11.08% increase from previous year)
  • Annual Accrued Expenses for 2018 was $44.6 Million (a -14.18% decrease from previous year)
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Historical Accrued Expenses of GreenTree Hospitality Group Ltd. Sponsored ADR

Most recent Accrued Expensesof GHG including historical data for past 10 years.

Interactive Chart of Accrued Expenses of GreenTree Hospitality Group Ltd. Sponsored ADR

GreenTree Hospitality Group Ltd. Sponsored ADR Accrued Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $53.44 $45.43 $33.98
2019 $49.57 $44.38 $45.24 $43.27 $49.57
2018 $44.63 $44.86 $46.83 $58.18 $44.63
2017 $51.99 $52.0

Business Profile of GreenTree Hospitality Group Ltd. Sponsored ADR

Sector: Consumer Cyclical
Industry: Lodging
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, 2019, it operated 34 leased-and-operated hotels; and had franchised-and-managed hotels network consisting of 3,957 hotels with 290,026 rooms in operation covering 339 cities in China, and an additional 949 hotels with 68,522 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.