GHG Cash Conversion Ratio

GreenTree Hospitality Group Ltd. American depositary shares, each representing one Class A ordinary share · Cash Conversion Ratio

GHG Cash Conversion Ratio

Current (TTM)-2.93×retrievedOct 20, 2026

GHG Cash Conversion Ratio (1.46× → -2.93×)

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GHG cash conversion ratio history

Annual fiscal periods. Dates are reporting period ends; fiscal years can differ from calendar years.

GreenTree Hospitality Group Ltd. American depositary shares, each representing one Class A ordinary share Cash Conversion Ratio — Annual fiscal periods

Period ending	Cash Conversion Ratio
Dec 31, 2025	0.1203×
Dec 31, 2024	2.6705×
Dec 31, 2023	1.361×
Dec 31, 2022	-0.5×
Dec 31, 2021	-2.2579×
Dec 31, 2020	0.7059×
Dec 31, 2019	0.9345×
Dec 31, 2018	1.0479×
Dec 31, 2017	1.6121×
Dec 31, 2016	1.6448×
Dec 31, 2015	1.456×