Greenland Technologies Holding Corporation

GTEC · NASDAQ · Consumer Cyclical / Auto Parts

0.4901USD-0.00 (-0.89%)

Price History

Full chart

Market Stats

Previous Close0.4945

Open0.4945

Day Range0.464 – 0.5072

52-Week Range0.466 – 1.61

Volume82.25K

Market Cap28.93M

P/E (TTM)1.79

Forward P/E8.06

EPS0.61

Dividend Yield0.00%

Beta0.23

50-Day Avg0.8009

200-Day Avg0.7704

About

Greenland Technologies Holding Corporation designs, develops, manufactures, and sells components and products for material handling industries in the United States and internationally. The company provides transmission products, such as transmission systems and integrated powertrains primarily for electric forklift trucks; electric industrial heavy machinery, including electric wheeled front loader, electric excavator, and electric lithium forklifts; and provides charging solutions. Its products are used in manufacturing and logistic applications, such as factories, workshops, warehouses, fulfilment centers, shipyards, and seaports. The company was founded in 2006 and is headquartered in East Windsor, New Jersey.

Company Details

SectorConsumer Cyclical
IndustryAuto Parts
CEOMr. Raymond Z. Wang
Employees340
HeadquartersBuilding 400, East Windsor, NJ, United States, 08512, USA
Websitehttps://ir.gtec-tech.com

Leadership

Mr. Peter Zuguang WangFounder & Chairman of the Board · b. 1955
Mr. Raymond Z. WangCEO & President · b. 1985
Ms. Chenyang WangActing Chief Financial Officer · b. 1988

Financials

Income Statement

Currency: USD	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	49.07M	60.21M	52.40M	66.86M	98.84M	90.83M	90.33M	83.94M	90.69M
Growth (%)	-	+22.70%	-12.97%	+27.60%	+47.82%	-8.10%	-0.55%	-7.07%	+8.04%
Cost of Revenue	37.21M	46.14M	40.02M	54.05M	79.25M	71.00M	65.76M	61.41M	62.25M
Gross Profit	11.86M	14.07M	12.38M	12.81M	19.59M	19.83M	24.58M	22.53M	28.45M
Gross Margin	24.17%	23.37%	23.62%	19.16%	19.82%	21.84%	27.21%	26.84%	31.36%
Operating Expense	12.71M	5.38M	5.77M	6.10M	11.34M	13.88M	13.80M	9.94M	20.92M
Operating Income	-853.00K	8.70M	6.60M	6.71M	8.25M	5.96M	10.78M	12.59M	7.52M
Operating Margin	-1.74%	14.44%	12.60%	10.03%	8.35%	6.56%	11.93%	15.00%	8.29%
EBITDA	436.38K	11.15M	9.52M	12.01M	12.21M	7.34M	-20.87M	19.00M	14.63M
EBITDA Margin	0.89%	18.52%	18.17%	17.96%	12.35%	8.08%	-23.10%	22.63%	16.13%
Net Income	-3.27M	5.96M	4.46M	6.76M	6.27M	745.55K	-15.88M	14.07M	4.93M
Net Income Margin	-6.65%	9.89%	8.52%	10.11%	6.34%	0.82%	-17.58%	16.76%	5.44%
R&D	1.84M	2.51M	2.36M	2.38M	5.53M	5.79M	5.42M	2.94M	3.92M
R&D as % of Total Revenue	3.75%	4.17%	4.49%	3.57%	5.59%	6.37%	6.00%	3.50%	4.32%
Interest Expense	0	1.55M	1.29M	930.63K	587.26K	402.97K	250.41K	84.24K	111.66K
Interest Expense % of Total Revenue	0.00%	2.58%	2.46%	1.39%	0.59%	0.44%	0.28%	0.10%	0.12%

Balance Sheet

Currency: USD	2017-12-31	2018-11-30	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	108.46M	45.04M	111.41M	106.48M	131.98M	162.57M	155.12M	130.48M	115.58M	115.77M
Total Liabilities	73.38M	1.01M	71.78M	59.52M	81.32M	87.72M	75.68M	79.82M	62.31M	49.45M
Total Equity	27.18M	44.03M	31.74M	46.96M	44.89M	62.28M	65.71M	50.08M	60.21M	72.94M
Cash	1.31M	644.70K	5.56M	2.12M	7.16M	11.06M	16.30M	22.98M	6.66M	7.85M
Total Debt	25.27M	-	43.30M	33.26M	53.13M	54.75M	41.60M	41.93M	21.35M	12.76M
Net Debt	23.96M	-	37.73M	29.79M	45.97M	43.69M	25.30M	18.95M	14.69M	4.91M

Cash Flow

Currency: USD	2017-12-31	2018-11-30	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	4.48M	-426.27K	3.06M	8.00M	2.70M	-5.76M	7.31M	2.45M	13.34M	15.61M
Investing Cash Flow	-10.62M	-44.00M	-5.98M	-1.60M	-822.77K	-638.98K	33.69K	1.07M	-1.87M	-919.59K
Financing Cash Flow	8.82M	45.07M	-157.94K	-9.64M	2.31M	14.46M	-4.28M	2.87M	-30.90M	-15.61M
Capital Expenditure	8.76M	0	6.69M	2.32M	1.08M	894.38K	525.13K	735.50K	1.96M	525.72K
Free Cash Flow	-4.29M	-	-3.63M	5.67M	1.61M	-5.76M	7.31M	2.45M	13.34M	15.61M
Dividends Paid	159.61K	-	159.61K	159.61K	3.61M	-	0	703.60K	5.93M	2.22M
FCF to OCF	-95.86%	-	-118.82%	70.94%	59.80%	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	-3.72%	-	-4.40%	2.81%	223.95%	-	0.00%	28.73%	44.48%	14.23%

Earnings

Report Date	Mar 31, 2010	Jun 30, 2010	Sep 30, 2010	Dec 31, 2010	Mar 31, 2018	Jun 30, 2018	Sep 30, 2018	Oct 11, 2018	Feb 27, 2019	Apr 12, 2019	Jul 15, 2019	Oct 21, 2019	Mar 31, 2020	Apr 3, 2020	Aug 14, 2020	Nov 23, 2020	Mar 31, 2021	May 12, 2021	Aug 10, 2021	Nov 11, 2021	Mar 28, 2022	May 16, 2022	Aug 15, 2022	Nov 14, 2022	Mar 30, 2023	May 19, 2023	Aug 21, 2023	Nov 20, 2023	Jan 30, 2024	May 15, 2024	Aug 14, 2024	Nov 14, 2024	Mar 26, 2025	May 15, 2025	Aug 29, 2025	Nov 6, 2025	Mar 23, 2026	May 14, 2026	Aug 14, 2026	Nov 6, 2026
EPS Estimate	0.07	0.17	0.23	0.38	0.00	0.00	-	-	-	-	-	0.00	0.00	-	-	-	-	-	0.11	0.12	0.11	0.09	0.14	0.10	0.08	-0.09	0.04	0.06	0.06	0.03	0.03	0.01	0.08	-	0.00	0.00	0.11	0.00	0.09	-
EPS Actual	0.12	0.23	0.22	0.39	2.09	2.09	1.48	-0.06	-0.12	-0.10	-0.27	-0.20	0.03	0.56	0.13	0.02	0.50	0.21	0.26	0.09	0.19	0.16	0.13	0.10	-0.08	0.11	0.18	-0.07	1.39	0.18	0.34	-0.05	0.55	0.29	-0.20	0.33	-0.10	-0.09	0.13	-
Surprise	71.43%	35.29%	-4.35%	2.63%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	136.36%	-25.00%	72.73%	77.78%	-7.14%	0.00%	-200.00%	222.22%	350.00%	-216.67%	2216.67%	500.00%	1033.33%	-600.00%	587.50%	-	-	-	-190.91%	-	44.44%	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	After-hours	-	-	-	After-hours	-	Pre-market	-

Key Statistics & Ratios

Market Cap28.93M

Enterprise Value15.79M

Trailing P/E1.79

Forward P/E8.06

Price / Sales0.28

Price / Book0.35

EPS0.61

Book Value3.34

Revenue (TTM)102.71M

Gross Profit (TTM)34.33M

EBITDA19.16M

Profit Margin12.32%

Operating Margin20.03%

Return on Equity23.93%

Return on Assets7.72%

Shares Outstanding20.53M

Shares Float20.34M

Beta0.23

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Analyst Ratings

Strong Buy

Based on 1 analystsTarget 6.00

Strong Buy
1

Ownership Breakdown

Institutions: 2.23%
Insiders: 0.96%
Retail / Other: 96.81%

Top Institutional Holders

Acadian Asset Management LLC
175.66K0.66%
Citadel Advisors Llc
128.99K0.49%
Mariner Wealth Advisors LLC
40.60K0.15%
Jane Street Group LLC
34.91K0.13%
BNP Paribas Arbitrage, SA
30.50K0.11%
Geode Capital Management, LLC
13.70K0.05%
UBS Group AG
13.71K0.05%
XTX Topco Ltd
11.51K0.04%
HRT FINANCIAL LLC
11.30K0.04%
Sanctuary Advisors, LLC
10.70K0.04%
Morgan Stanley - Brokerage Accounts
4.41K0.02%
HARBOUR INVESTMENTS, INC.
1870.00%
SBI Securities Co Ltd
1100.00%
Napier Financial, LLC
520.00%
Susquehanna International Group, LLP
00.00%
Bridgeway Capital Management, LLC
00.00%
Daytona Street Capital LLC
00.00%
GSA Capital Partners LLP
00.00%

Top Fund Holders

Fidelity Nasdaq Composite Index
8.24K0.03%
Bridgeway Omni Small-Cap Value N
5.00K0.02%