Industry financial averages Video
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Growth Rates. Financial Strength. Quick Ratio total ranking has deteriorated compare to the previous quarter from to 2. Note, forth quarter Numbers include only companies who have reported forth quarter earnings results. Numbers change as more businesses report financial results. See the full List. Sector 1 Overall 2. All rights reserved. This site uses cookies to make your browsing experince better. industry financial averages
NYSE: GHG "GreenTree", the "Company", "we", "us" and "our"a leading hospitality management group in Chinatoday announced its unaudited financial results for the fourth quarter and fiscal year of I cannot thank enough, all of our employees, franchisees, and guests, for their support and dedication.
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Thanks to our resilient business model, we were able to weather an extremely difficult year in the travel industry, and perform better than most of our peers. With industry financial averages well-segmented and robust brand portfolio, the loyalty of our members and our strong balance sheet, we are well-positioned to capitalize on opportunities and create long-term and sustainable growth for our shareholders, in and beyond. Total revenues for the fourth quarter of were RMB Total revenues increased from RMB Total revenues for the full year were RMB Total revenues from leased-and-operated hotels for the fourth quarter of were RMB The increase was primarily due to the RevPAR increase of 0. Total revenues from franchised-and-managed hotels for the fourth quarter of were RMB Initial franchise fees increased by Industry financial averages 7.
Compared with the third quarter, initial franchise fees increased by 8.
Recurring franchise management fee and others. Revenues from franchised-and-managed hotels. Revenues from franchised- and-managed hotels. Total operating costs and expenses. Hotel operating costs for the fourth quarter of were RMB Compared with the third quarter, we observe a 7.
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For the full yearhotel operating costs were RMB Depreciation and amortization. Consumable, food and beverage. Costs of general managers of franchised-and- managed hotels. Costs of general managers of franchised-and-managed hotels.
Selling and marketing expenses for the fourth quarter of were RMB The increase was mainly attributable to increases in advertising costs. Compared with click third quarter, selling and marketing expenses increased by For the full year ofselling and marketing expenses were RMB General and administrative expenses for the fourth quarter of were RMB The decrease was primarily attributable to the effective control of business travel expenses and the impact of a one-time provision for bad debts during the same period last year.
General and administrative expenses for the full year were RMB Gross profit for the fourth quarter of was RMB Gross margin was Compared with the third quarter, gross profit increased by Gross profit industry financial averages the full year was RMB Income from industry financial averages for the fourth quarter of totaled RMB The increase was mainly due to the sustained RevPAR recovery, the increased number of hotels and better control of costs and expenses during the quarter.]
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