Gree Electric (000651) Stock Price, Fundamentals & Analysis

What 000651 does

Gree Electric (000651) is a stock listed on the Shenzhen Stock Exchange in the Consumer Cyclical sector, within the Furnishings, Fixtures & Appliances industry. Headquartered in Zhuhai, China, the company and its subsidiaries produce and sell consumer electrical appliances and accessories in China and internationally. Gree Electric operates through four segments: Consumer Electronics; Industrial Products and Green Energy; Smart Equipment; and Other Businesses. Its product range includes residential air conditioners, home appliances such as air purifiers, humidifiers, air coolers, electric heaters, fans, kitchen appliances, personal care equipment, refrigerators, and washing machines, as well as optical storage air conditioning systems. The company also supplies industrial products like screw, scroll, and centrifugal chillers, multi-VRF systems, light commercial equipment, terminals, and packaged units. In addition, Gree Electric is involved in finance, information technology research and development, transportation, wholesale and retail trade, medical devices, agriculture, real estate, electrical machinery and equipment manufacturing, and technology promotion and application services, and it exports its products. It is part of the Shenzhen Stock Exchange stocks universe and can be tracked alongside peers such as Midea Group (000333) in a multi-broker portfolio.

Key numbers explained

• 38.5 CNY is the current price per share, representing the cost to buy one unit of the company on the market.
• The +0.37% price change today shows the intraday movement relative to the previous close.
• 215.65B CNY is the market capitalization, the total market value of all outstanding shares.
• The trailing P/E ratio of 7.7 is a valuation metric that compares the current share price to the last 12 months of earnings per share; a lower number can suggest the stock is priced low relative to recent earnings.
• The forward P/E ratio of 7.7 uses expected future earnings, offering a forward-looking view of valuation.
• 4.98 CNY is the trailing 12-month earnings per share, showing the portion of profit allocated to each share.
• The dividend yield of 12.99% is a dividend yield measure, indicating the annual dividend income as a percentage of the current share price.
• The exDividendDate of 27 Aug. 2026 is the date on or after which a buyer is no longer entitled to the next dividend payment.
• 60% is the share of earnings paid out as dividends, showing how much of the company's profit is returned to shareholders.
• 0.3 is the beta, a measure of the stock's volatility relative to the overall market; a beta below 1 suggests lower sensitivity to market swings.
• The 52-week price range of 36.27 – 42.48 shows the lowest and highest traded prices over the past year.
• The price change over the last 52 weeks of -3.6% indicates the total return from one year ago to the current price.
• 162.52 mld. CNY is the trailing 12-month revenue, the total income from sales before expenses.
• -16.8% is the year-over-year revenue growth, reflecting the change in sales compared to the same period last year.
• 17.1% is the profit margin, showing the percentage of revenue that remains as net profit.
• 16.5% is the operating margin, indicating profitability from core operations before interest and taxes.
• 19% is the return on equity, measuring how effectively the company generates profit from shareholders' equity.
• 54.9% is the debt-to-equity ratio, a leverage metric comparing total debt to shareholders' equity.
• 1.45 is the price-to-book ratio, comparing the market price per share to the company's book value per share.

What to watch

Investors tracking Gree Electric (000651) may monitor factors common to large consumer appliance and industrial conglomerates. Revenue growth trends, such as the -16.8% year-over-year change, can reflect shifts in domestic demand, export volumes, or competitive pressures. The company's exposure to multiple segments—consumer electronics, industrial products, smart equipment, and other businesses—means that performance can be influenced by a range of economic cycles and regulatory environments. Dividend policy, with a 12.99% yield and 60% earnings payout, may attract income-focused investors, while the low beta of 0.3 suggests the stock may exhibit lower volatility than the broader market. Gree Electric is part of the CSI 300 index, which tracks large- and mid-cap Chinese stocks, so broader market movements in China can affect its price. The company's international operations and involvement in sectors such as finance, real estate, and technology services add layers of diversification and risk. For those building a portfolio, Gree Electric can be compared with peers like BYD (002594) or Mango Excellent Media (300413) to understand relative positioning within the Shenzhen Stock Exchange ecosystem.