Gree stock gains 0.47 percent on Shenzhen after weak H1

Published on 10/07/2026 at 10:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Gree stock was last at CNY 38.28 on September 30, 2026, while first-half revenue fell 8.14 percent. Moomoo lists a CNY 49.26 average target from 26 analysts.

Gree, CNE0000001D4, Illustration mit AI erstellt.

Gree stock was last at CNY 38.28 on the Shenzhen Stock Exchange on September 30, 2026, at 3:04 p.m. CST, with a 0.47 percent gain in the latest finance quote. The market figure stands against a weaker first half, when revenue and net profit both declined.

First-half revenue falls 8.14 percent

According to Futu on September 23, 2026, Gree reported first-half 2026 operating revenue of RMB 89.673 billion, down 8.14 percent from the prior-year period. Net profit attributable to shareholders reached RMB 13.278 billion, a decline of 7.87 percent, while net profit margin rose 0.05 percentage points to 14.81 percent.

The quarterly split sharpens the pressure. Second-quarter revenue was RMB 46.431 billion, down 16.82 percent, and net profit attributable to shareholders was RMB 7.195 billion, down 15.43 percent, according to the same September 23 commentary from Futu.

Overseas sales test the recovery

Gree's first-half domestic principal-business sales grew 1.90 percent to RMB 72.512 billion, but overseas principal-business sales fell 21.98 percent to RMB 12.744 billion. That split makes international execution the central operating question, especially as consumer appliances remained the largest product category at RMB 74.07 billion.

Profitability offers a partial counterweight. First-half gross margin increased 0.33 percentage points year over year to 28.81 percent, while consumer-appliance gross margin fell 1.43 percentage points to 31.77 percent, with raw-material costs and channel incentives weighing on the core business.

Analysts see upside to CNY 49.26

Moomoo reported on October 1, 2026, that 26 analysts gave Gree a Strong Buy consensus. The average 12-month price target is CNY 49.26, with a high estimate of CNY 54.10 and a low estimate of CNY 43.00.

The average target lies 28.68 percent above the CNY 38.28 price. That gap reflects a recovery case built on margin resilience and stronger overseas demand, while the first-half decline shows why the estimate depends on execution rather than valuation alone.

Gree stock stays above its yearly low

Gree stock was last at CNY 38.28 on September 30, 2026, at 3:04 p.m. CST. Its 52-week range was CNY 36.27 to CNY 42.48, and market capitalization was CNY 213.2 billion on the same date.