Greenland Technologies Holding Corp. financial data

Symbol
GTEC on Nasdaq, GTECW on OTC
Industry
General Industrial Machinery & Equipment
Location
50 Millstone Road, Building 400, Suite 130, East Windsor, NJ
State of incorporation
Virgin Islands, British
Fiscal year end
December 31
Former names
Greenland Acquisition Corp. (to 10/25/2019)
Latest financial report
10-K - Q4 2024 - Mar 26, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 153 % -17.4%
Quick Ratio 34.6 % +7.97%
Debt-to-equity 125 % +14.9%
Return On Equity 24.8 %
Return On Assets 11.1 %
Operating Margin 15 % +25.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 13.6M shares 0%
Common Stock, Shares, Outstanding 13.6M shares 0%
Entity Public Float 10.8M USD 0%
Weighted Average Number of Shares Outstanding, Basic 13.6M shares +2.76%
Weighted Average Number of Shares Outstanding, Diluted 13.6M shares +2.76%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 83.9M USD -7.07%
Cost of Revenue 1.18M USD -97.6%
Research and Development Expense 2.94M USD -45.9%
General and Administrative Expense 4.85M USD -19.8%
Operating Income (Loss) 12.6M USD +16.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 16.7M USD
Income Tax Expense (Benefit) 1.51M USD -11.4%
Net Income (Loss) Attributable to Parent 14.1M USD
Earnings Per Share, Basic 1.03 USD/shares
Earnings Per Share, Diluted 1.03 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.66M USD -71%
Accounts Receivable, after Allowance for Credit Loss, Current 15.8M USD -4.17%
Inventory, Net 23.4M USD -4.96%
Other Assets, Current 375K USD +320%
Assets, Current 92.6M USD -7.16%
Deferred Income Tax Assets, Net 426K USD +66.2%
Property, Plant and Equipment, Net 13.1M USD -3.96%
Operating Lease, Right-of-Use Asset 1.62M USD -23.6%
Intangible Assets, Net (Excluding Goodwill) 90K USD -52.6%
Other Assets, Noncurrent 248K USD -76.4%
Assets 116M USD -11.4%
Accounts Payable, Current 23.1M USD -8.59%
Accrued Liabilities, Current 178K USD 0%
Contract with Customer, Liability, Current 218K USD -20%
Liabilities, Current 57.5M USD -20.7%
Contract with Customer, Liability, Noncurrent 1.26M USD -17.4%
Operating Lease, Liability, Noncurrent 1.17M USD -30.7%
Liabilities 62.3M USD -21.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -3.71M USD -43.5%
Retained Earnings (Accumulated Deficit) 32.6M USD +75.9%
Stockholders' Equity Attributable to Parent 60.2M USD +20.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 53.3M USD +5.16%
Liabilities and Equity 116M USD -11.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -8.42M USD -324%
Net Cash Provided by (Used in) Financing Activities 2.34M USD
Net Cash Provided by (Used in) Investing Activities -1.88M USD -1063%
Common Stock, Shares Authorized 13M shares
Common Stock, Shares, Issued 13.6M shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 8.61M USD -69.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 27.9K USD -63.9%
Deferred Tax Assets, Valuation Allowance 2.29M USD -69.8%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure 0%
Deferred Tax Assets, Gross 2.71M USD -65.3%
Operating Lease, Liability 1.68M USD -22.5%
Depreciation 490K USD -9.26%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 12.9M USD
Lessee, Operating Lease, Liability, to be Paid 1.82M USD
Property, Plant and Equipment, Gross 33.9M USD +2.79%
Operating Lease, Liability, Current 517K USD +5.94%
Lessee, Operating Lease, Liability, to be Paid, Year Two 606K USD +2.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 589K USD +0.71%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) -186K USD -260%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 135K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 624K USD +2.92%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 158K USD -74.5%
Operating Lease, Payments 146K USD +1507%
Additional Paid in Capital 33M USD +38.3%
Depreciation, Depletion and Amortization 590K USD +8.68%
Interest Expense 228K USD -37.5%