Gree stock: On Shenzhen, Gree stock falls 3.81 percent

Published on 10/21/2026 at 17:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Analysts set a CNY 49.26 target on October 1, 2026. Gree stock last traded at CNY 37.13 on October 21, 2026, down 3.81 percent on Shenzhen.

Shenzhen session declines 3.81 percent

Gree stock fell 3.81 percent on October 21, 2026.
The average analyst target was CNY 49.26 on October 1, 2026.
Gree stock last traded at CNY 37.13 on Shenzhen on October 21, 2026, 3.81 percent below the prior close.

Gree, CNE0000001D4, Illustration mit AI erstellt.

Gree Electric Appliances (CNE0000001D4) stock was last at CNY 37.13 on Shenzhen on October 21, 2026 at 3:04 p.m. CST, down 3.81 percent from CNY 38.60. The decline puts the stock 12.59 percent above its CNY 36.27 52-week low and 12.59 percent below its CNY 42.48 52-week high.

The more constructive counterpoint is the analyst view. Moomoo listed an average 12-month target of CNY 49.26 on October 1, 2026, based on 26 analysts. That target stood 32.67 percent above the Shenzhen price of CNY 37.13.

Revenue pressure remains visible

Gree's latest reported first-half figures showed revenue of CNY 89.398 billion, down 8.15 percent from the same period a year earlier. Net profit attributable to shareholders fell 7.87 percent to CNY 13.278 billion, while profit excluding non-recurring items declined 8.89 percent to CNY 12.707 billion, according to Electrical Appliances Association on September 22, 2026.

The figures give the valuation debate a clear shape. The latest quote carried a price-to-earnings ratio of 7.41 and a market capitalization of CNY 207.4 billion. Gree's first-half net margin was 14.85 percent based on the reported revenue and attributable profit, compared with 14.81 percent in a separate interim-report assessment dated September 23, 2026.

Comparison with peers

Gree: down 3.81 percent, P/E 7.41, market capitalization CNY 207.4 billion

Midea Group (Shenzhen, CNY): down 1.67 percent, P/E 14.36, market capitalization CNY 639.9 billion

Haier Smart Home (Shanghai, CNY): down 2.09 percent, P/E 10.15, market capitalization CNY 183.1 billion

What the valuation says

Gree traded at the lowest P/E of the three companies in the October 21, 2026 quote comparison. Its weaker first-half revenue and profit figures therefore sit beside a lower valuation multiple, while the CNY 49.26 analyst average remains a separate market expectation rather than a forecast made here.

The stock was last at CNY 37.13 on Shenzhen on October 21, 2026 at 3:04 p.m. CST, down 3.81 percent versus the prior close of CNY 38.60.