GreenTree Hospitality Group Ltd. (GHG) › Cost of RevenueGreenTree Hospitality Group Ltd. (GHG) — Cost of RevenueAnnual figures by fiscal year, from SEC filings.2016: 240.13M CNY2017: 226.87M CNY2018: 274.42M CNY2019: 338.83M CNY2020: 401.66M CNY2021: 1.31B CNY2022: 1.07B CNY2023: 947.44M CNY2024: 822.59M CNY2025: 714.39M CNY714.39M CNY2016Cost of Revenue (CNY)2025Fiscal YearCost of RevenueChange YoY2025714.39M CNY-13.2%2024822.59M CNY-13.2%2023947.44M CNY-11.2%20221.07B CNY-18.7%20211.31B CNY+226.8%2020401.66M CNY+18.5%2019338.83M CNY+23.5%2018274.42M CNY+21.0%2017226.87M CNY-5.5%2016240.13M CNY—Other metrics: RevenueGross ProfitOperating IncomeNet IncomeEPS (Diluted)Total AssetsTotal LiabilitiesShareholders' EquityCash & EquivalentsOperating Cash FlowCapital ExpendituresShares OutstandingDividends Per Share