GreenTree Hospitality Group Ltd. Deferred Revenue 2011-2026 | GHG

Deferred revenue is the amount of money or obligations that a company has received in advance for goods or services that have not yet been delivered or performed. In other words, it is income that has already been received but has not yet been recognized in accounting as revenue because the goods or services have not yet been transferred to the customer.

Features of the metric

Sources of future cash inflows
A high level of deferred revenue indicates that the company has secured future cash flows, which positively affects forecasts of its financial condition and stability.
Assessment of operational stability
Deferred revenue reflects demand for the company’s products or services and its ability to attract customers willing to pay in advance. It is one of the indicators of business stability and its competitive advantages.
Risks and obligations
Although deferred revenue indicates future inflows, it also represents obligations that the company must fulfill. If fulfilling these obligations is delayed or impossible, it can negatively impact reputation and financial results.
Analysis of liquidity and cash flow
Inflows in the form of deferred revenue improve the company’s current liquidity since the funds are already in the accounts. However, investors need to assess the ratio of deferred revenue to fulfilled obligations to understand the actual financial capabilities and risks.
Impact on company valuation
In fundamental analysis, deferred revenue is taken into account for accurate revenue and profit forecasting, especially in industries with long-term contracts or subscriptions (e.g., IT sector, services, manufacturing).

Annual Deferred Revenue GreenTree Hospitality Group Ltd.

2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
-	257 M	277 M	194 M	146 M	135 M	95.1 M	-	-	-	-

All numbers in CNY currency

Indicator range from annual reports

Maximum	Minimum	Average
277 M	95.1 M	184 M

Quarterly Deferred Revenue GreenTree Hospitality Group Ltd.

2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
-	-	-	-	215 M	-	-	-	221 M	-	-	-	232 M	-	-	-	211 M	-	-	-	109 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in CNY currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
232 M	109 M	198 M

Deferred Revenue of other stocks in the Resorts casinos industry

Issuer	Deferred Revenue	Price	% 24h	Market Cap	Country
Choice Hotels International CHH	101 M	$ 99.25	2.34 %	$ 4.58 B	USA
Century Casinos CNTY	861 K	$ 1.34	0.75 %	$ 41 M	USA
Bluegreen Vacations Corporation BXG	15.7 M	-	-2.51 %	$ 676 M	USA
Full House Resorts FLL	5.79 M	$ 2.58	-0.19 %	$ 93 M	USA
Golden Entertainment GDEN	12.4 M	$ 27.81	0.54 %	$ 784 M	USA
Huazhu Group Limited HTHT	1.82 B	$ 52.21	1.79 %	$ 163 B	China
Red Lion Hotels Corporation RLH	199 K	-	-	$ 89 M	USA
Hyatt Hotels Corporation H	1.58 B	$ 147.83	4.6 %	$ 14.1 B	USA
Melco Resorts & Entertainment Limited MLCO	278 M	$ 5.7	1.52 %	$ 6.81 B	China
Hilton Worldwide Holdings HLT	858 M	$ 303.57	2.56 %	$ 71.6 B	USA
Caesars Entertainment CZR	546 M	$ 27.45	1.07 %	$ 5.71 B	USA
InterContinental Hotels Group PLC IHG	-555 M	$ 134.01	2.37 %	$ 13.7 B	Britain
Boyd Gaming Corporation BYD	22.9 M	$ 81.71	2.09 %	$ 6.68 B	USA
Studio City International Holdings Limited MSC	2.4 M	$ 3.03	5.57 %	$ 584 M	Canada
Las Vegas Sands Corp. LVS	582 M	$ 54.57	1.62 %	$ 37.7 B	USA
MGM Resorts International MGM	367 M	$ 37.18	3.34 %	$ 10.2 B	USA
Wyndham Hotels & Resorts WH	134 M	$ 77.63	2.51 %	$ 5.96 B	USA
Wynn Resorts, Limited WYNN	570 M	$ 103.3	2.65 %	$ 10.7 B	USA
Red Rock Resorts RRR	22.2 M	-	2.49 %	$ 4.56 B	USA
Playa Hotels & Resorts N.V. PLYA	29.7 M	-	-0.07 %	$ 1.75 B	Niderland
Marriott Vacations Worldwide Corporation VAC	153 M	$ 69.51	5.49 %	$ 2.46 B	USA
Vail Resorts MTN	602 M	$ 141.76	7.04 %	$ 5.27 B	USA