Symbols / GTEC $0.74 -1.93% Greenland Technologies Holding Corporation

Consumer Cyclical • Auto Parts • United States • NCM
GTEC Chart
About

Greenland Technologies Holding Corporation designs, develops, manufactures, and sells components and products for material handling industries worldwide. The company offers transmission products, such as transmission systems and integrated powertrain primarily for electric forklift trucks; electric industrial heavy equipment, 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. Greenland Technologies Holding Corporation was and is headquartered in East Windsor, New Jersey.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Auto Parts Market Cap 16.53M
Enterprise Value -22.93M Income 4.93M Sales 90.69M
Book/sh 4.19 Cash/sh 1.41 Dividend Yield —
Payout 0.00% Employees 340 IPO —
P/E 2.37 Forward P/E 2.45 PEG —
P/S 0.18 P/B 0.18 P/C —
EV/EBITDA -2.31 EV/Sales -0.25 Quick Ratio 1.39
Current Ratio 1.97 Debt/Eq 0.17 LT Debt/Eq —
EPS (ttm) 0.31 EPS next Y 0.30 EPS Growth —
Revenue Growth 23.40% Earnings 2026-03-23 16:00 ROA 4.06%
ROE 14.38% ROIC — Gross Margin 31.36%
Oper. Margin -0.12% Profit Margin 5.44% Shs Outstand 19.03M
Shs Float 12.82M Short Float 3.95% Short Ratio 2.85
Short Interest — 52W High 2.47 52W Low 0.58
Beta 0.02 Avg Volume 456.75K Volume 72.66K
Target Price $6.00 Recom None Prev Close $0.75
Price $0.74 Change -1.93%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.00
Mean price target
2. Current target
$0.73
Latest analyst target
3. DCF / Fair value
$10.12
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.73
Low
$6.00
High
$6.00
Mean
$6.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2022-05-18 init Litchfield Hills — → Buy $15
2021-05-13 init Aegis Capital — → Buy $14
News
RSS: Latest GTEC news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
90.69
+8.04%
83.94
-7.07%
90.33
-0.55%
90.83
Operating Revenue
90.69
+8.04%
83.94
-7.07%
90.33
-0.55%
90.83
Cost Of Revenue
62.25
+1.36%
61.41
-6.61%
65.76
-7.38%
71.00
Reconciled Cost Of Revenue
62.25
+1.36%
61.41
-6.61%
65.76
-7.38%
71.00
Gross Profit
28.45
+26.24%
22.53
-8.31%
24.58
+23.90%
19.83
Operating Expense
20.11
+122.03%
9.06
-80.96%
47.57
+242.80%
13.88
Research And Development
3.92
+33.51%
2.94
-45.87%
5.42
-6.26%
5.79
Selling General And Administration
17.00
+142.82%
7.00
-16.36%
8.37
+3.50%
8.09
Selling And Marketing Expense
1.74
-19.24%
2.15
-7.38%
2.32
-11.80%
2.63
General And Administrative Expense
15.27
+214.56%
4.85
-19.81%
6.05
+10.87%
5.46
Other Gand A
15.27
+214.56%
4.85
-19.81%
6.05
+10.87%
5.46
Other Operating Expenses
-0.81
+7.75%
-0.88
-27.26%
-0.69
+32.73%
-1.03
Total Expenses
82.36
+16.87%
70.47
-37.82%
113.32
+33.52%
84.87
Operating Income
8.33
-38.15%
13.48
+158.61%
-22.99
-485.85%
5.96
Total Operating Income As Reported
7.52
-40.27%
12.59
+16.84%
10.78
+80.90%
5.96
EBITDA
14.63
-22.99%
19.00
+191.03%
-20.87
-384.25%
7.34
Normalized EBITDA
12.37
-28.29%
17.24
+188.68%
-19.45
-291.45%
10.16
Reconciled Depreciation
2.41
+7.23%
2.25
+2.49%
2.19
-10.07%
2.44
EBIT
12.22
-27.04%
16.75
+172.65%
-23.06
-570.08%
4.91
Total Unusual Items
2.26
+29.17%
1.75
+223.14%
-1.42
+49.46%
-2.82
Total Unusual Items Excluding Goodwill
2.26
+29.17%
1.75
+223.14%
-1.42
+49.46%
-2.82
Special Income Charges
-0.00
-168.21%
0.01
+101.77%
-0.33
-21810.79%
-0.00
Write Off
—
0.00
-100.00%
0.30
0.00
Net Income
4.93
-64.94%
14.07
+188.59%
-15.88
-2229.84%
0.75
Pretax Income
12.11
-27.34%
16.67
+171.50%
-23.31
-617.71%
4.50
Net Non Operating Interest Income Expense
0.57
-27.49%
0.78
+826.96%
-0.11
+69.00%
-0.35
Interest Expense Non Operating
0.11
+32.55%
0.08
-66.36%
0.25
-37.86%
0.40
Net Interest Income
0.57
-27.49%
0.78
+826.96%
-0.11
+69.00%
-0.35
Interest Expense
0.11
+32.55%
0.08
-66.36%
0.25
-37.86%
0.40
Interest Income Non Operating
0.68
-21.63%
0.86
+504.07%
0.14
+151.85%
0.06
Interest Income
0.68
-21.63%
0.86
+504.07%
0.14
+151.85%
0.06
Other Income Expense
3.21
+33.09%
2.41
+1245.09%
-0.21
+81.03%
-1.11
Other Non Operating Income Expenses
0.95
+43.52%
0.66
-45.63%
1.21
-28.92%
1.71
Gain On Sale Of Security
2.27
+29.83%
1.75
+259.94%
-1.09
+61.20%
-2.81
Tax Provision
3.51
+132.15%
1.51
-11.44%
1.71
+144.15%
0.70
Tax Rate For Calcs
0.00
+219.38%
0.00
-63.68%
0.00
+60.87%
0.00
Tax Effect Of Unusual Items
0.66
+312.54%
0.16
+144.73%
-0.36
+18.70%
-0.44
Net Income Including Noncontrolling Interests
8.60
-43.26%
15.15
+160.57%
-25.02
-757.89%
3.80
Net Income From Continuing Operation Net Minority Interest
4.93
-64.94%
14.07
+188.59%
-15.88
-2229.84%
0.75
Net Income From Continuing And Discontinued Operation
4.93
-64.94%
14.07
+188.59%
-15.88
-2229.84%
0.75
Net Income Continuous Operations
8.60
-43.26%
15.15
+160.57%
-25.02
-757.89%
3.80
Minority Interests
-3.67
-237.27%
-1.09
-111.90%
9.14
+398.92%
-3.06
Normalized Income
3.32
-73.35%
12.47
+184.21%
-14.81
-574.20%
3.12
Net Income Common Stockholders
4.93
-64.94%
14.07
+188.59%
-15.88
-2229.84%
0.75
Diluted EPS
—
1.03
+185.83%
-1.20
-2100.00%
0.06
Basic EPS
—
1.03
+185.83%
-1.20
-2100.00%
0.06
Basic Average Shares
—
13.59
+2.76%
13.23
+11.30%
11.89
Diluted Average Shares
—
13.59
+2.76%
13.23
+11.30%
11.89
Diluted NI Availto Com Stockholders
4.93
-64.94%
14.07
+188.59%
-15.88
-2229.84%
0.75
Gain On Sale Of PPE
-0.00
-168.21%
0.01
+118.87%
-0.03
-1956.39%
-0.00
Provision For Doubtful Accounts
—
0.00
-100.00%
34.46
0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
115.77
+0.17%
115.58
-11.42%
130.48
-15.88%
155.12
Current Assets
95.27
+2.83%
92.65
-7.16%
99.79
-20.74%
125.91
Cash Cash Equivalents And Short Term Investments
35.20
+39.70%
25.19
-2.34%
25.80
+7.07%
24.10
Cash And Cash Equivalents
7.78
+16.76%
6.66
-71.02%
22.98
+41.03%
16.30
Other Short Term Investments
27.42
+47.94%
18.54
+557.73%
2.82
-63.87%
7.80
Receivables
33.07
-14.71%
38.77
-11.58%
43.84
-40.19%
73.30
Accounts Receivable
17.26
+9.24%
15.80
-4.17%
16.48
+14.97%
14.34
Gross Accounts Receivable
17.27
+9.34%
15.80
-8.96%
17.35
+14.91%
15.10
Allowance For Doubtful Accounts Receivable
-0.02
0.00
+100.00%
-0.87
-13.84%
-0.76
Inventory
24.38
+4.27%
23.38
-4.95%
24.60
+6.50%
23.10
Raw Materials
11.37
+5.15%
10.81
+2.55%
10.54
+15.68%
9.11
Work In Process
2.33
+34.21%
1.74
-30.46%
2.50
+10.90%
2.26
Finished Goods
12.29
+8.10%
11.37
-6.75%
12.19
+0.73%
12.10
Prepaid Assets
0.08
-95.54%
1.81
+527.27%
0.29
-30.09%
0.41
Restricted Cash
0.07
-96.34%
1.95
-62.51%
5.21
+51.69%
3.43
Other Current Assets
2.47
+60.26%
1.54
+2799.67%
0.05
-96.61%
1.57
Total Non Current Assets
20.51
-10.56%
22.93
-25.28%
30.69
+5.07%
29.21
Net PPE
11.89
-19.48%
14.76
-6.70%
15.82
-13.11%
18.21
Gross PPE
35.72
+0.48%
35.55
+1.14%
35.15
-2.29%
35.98
Accumulated Depreciation
-23.83
-14.66%
-20.79
-7.57%
-19.33
-8.80%
-17.76
Properties
0.00
0.00
0.00
0.00
Buildings And Improvements
11.62
+4.38%
11.13
-2.73%
11.44
-2.85%
11.78
Machinery Furniture Equipment
23.81
+5.62%
22.55
+5.80%
21.31
-0.07%
21.33
Construction In Progress
0.00
-100.00%
0.01
-74.00%
0.02
+32.57%
0.02
Other Properties
0.29
-84.51%
1.87
-21.29%
2.37
-16.81%
2.85
Goodwill And Other Intangible Assets
3.39
+1.01%
3.36
-7.65%
3.64
-3.92%
3.79
Goodwill
—
—
—
0.00
Other Intangible Assets
3.39
+1.01%
3.36
-7.65%
3.64
-3.92%
3.79
Investments And Advances
4.42
+7.05%
4.13
-58.35%
9.92
+3866.52%
0.25
Non Current Accounts Receivable
—
—
—
6.46
Non Current Deferred Assets
0.45
+4.72%
0.43
+66.23%
0.26
+17.04%
0.22
Non Current Deferred Taxes Assets
0.45
+4.72%
0.43
+66.23%
0.26
+17.04%
0.22
Other Non Current Assets
0.36
+43.65%
0.25
-76.43%
1.05
+271.12%
0.28
Total Liabilities Net Minority Interest
49.45
-20.63%
62.31
-21.94%
79.82
+5.47%
75.68
Current Liabilities
48.30
-16.06%
57.54
-20.66%
72.52
+9.54%
66.21
Payables And Accrued Expenses
35.33
-5.10%
37.23
+15.83%
32.14
+21.03%
26.56
Payables
33.73
-4.73%
35.40
+12.45%
31.48
+21.13%
25.99
Accounts Payable
25.60
+10.83%
23.10
-8.58%
25.27
+1.83%
24.82
Other Payable
1.16
-38.57%
1.88
+69.33%
1.11
+33.09%
0.84
Current Accrued Expenses
1.61
-12.14%
1.83
+176.50%
0.66
+16.11%
0.57
Total Tax Payable
1.80
+22.24%
1.47
+16.40%
1.27
+278.69%
0.33
Current Debt And Capital Lease Obligation
12.87
-35.58%
19.98
-50.36%
40.24
+2.08%
39.42
Current Debt
12.87
-33.87%
19.46
-51.05%
39.75
+2.07%
38.95
Other Current Borrowings
0.11
+16.94%
0.09
—
1.69
Current Capital Lease Obligation
0.00
-100.00%
0.52
+5.94%
0.49
+3.29%
0.47
Current Deferred Liabilities
0.09
-71.51%
0.33
+138.34%
0.14
-39.33%
0.23
Current Deferred Revenue
0.09
-71.51%
0.33
+138.34%
0.14
-39.33%
0.23
Total Non Current Liabilities Net Minority Interest
1.15
-75.79%
4.77
-34.66%
7.30
-22.94%
9.47
Long Term Debt And Capital Lease Obligation
0.00
-100.00%
1.17
-30.67%
1.68
-22.59%
2.18
Long Term Capital Lease Obligation
0.00
-100.00%
1.17
-30.67%
1.68
-22.59%
2.18
Non Current Deferred Liabilities
1.08
-14.20%
1.26
-17.43%
1.53
-15.61%
1.81
Non Current Deferred Revenue
1.08
-14.20%
1.26
-17.43%
1.53
-15.61%
1.81
Stockholders Equity
72.94
+21.15%
60.21
+20.22%
50.08
-23.79%
65.71
Common Stock Equity
72.94
+21.15%
60.21
+20.22%
50.08
-23.79%
65.71
Capital Stock
0.00
0.00
0.00
0.00
Common Stock
0.00
0.00
0.00
0.00
Share Issued
17.39
+27.95%
13.59
+0.00%
13.59
+4.75%
12.98
Ordinary Shares Number
17.39
+27.95%
13.59
+0.00%
13.59
+4.75%
12.98
Additional Paid In Capital
33.02
+20.19%
27.47
-9.30%
30.29
+0.00%
30.29
Retained Earnings
37.53
+15.13%
32.60
+75.89%
18.54
-46.14%
34.41
Gains Losses Not Affecting Retained Earnings
2.39
+1667.29%
0.14
-89.25%
1.26
+24.50%
1.01
Minority Interest
-6.62
+4.57%
-6.94
-1310.60%
0.57
-95.82%
13.72
Other Equity Adjustments
2.39
+1667.29%
0.14
-89.25%
1.26
+24.50%
1.01
Total Equity Gross Minority Interest
66.32
+24.50%
53.27
+5.16%
50.65
-36.23%
79.43
Total Capitalization
72.94
+21.15%
60.21
+20.22%
50.08
-23.79%
65.71
Working Capital
46.97
+33.78%
35.11
+28.76%
27.27
-54.33%
59.70
Invested Capital
85.81
+7.71%
79.67
-11.32%
89.84
-14.17%
104.66
Total Debt
12.87
-39.13%
21.15
-49.57%
41.93
+0.79%
41.60
Net Debt
5.09
-60.20%
12.80
-23.68%
16.77
-25.96%
22.65
Capital Lease Obligations
0.00
-100.00%
1.68
-22.45%
2.17
-17.97%
2.65
Net Tangible Assets
69.55
+22.34%
56.85
+22.41%
46.44
-25.00%
61.93
Tangible Book Value
69.55
+22.34%
56.85
+22.41%
46.44
-25.00%
61.93
Available For Sale Securities
4.42
+7.05%
4.13
-58.35%
9.92
+3866.52%
0.25
Current Notes Payable
12.76
-34.11%
19.37
-47.25%
36.71
+29.85%
28.27
Derivative Product Liabilities
0.07
-96.97%
2.34
-42.76%
4.08
-25.51%
5.48
Duefrom Related Parties Current
1.11
+369.82%
0.24
+4.24%
0.23
-99.25%
30.21
Duefrom Related Parties Non Current
—
—
0.00
-100.00%
6.46
Dueto Related Parties Current
5.16
-42.25%
8.94
+133.40%
3.83
+142711.63%
0.00
Inventories Adjustments Allowances
-1.61
-198.24%
-0.54
+15.26%
-0.64
-70.00%
-0.38
Investmentin Financial Assets
4.42
+7.05%
4.13
-58.35%
9.92
+3866.52%
0.25
Line Of Credit
—
0.00
-100.00%
3.04
-66.15%
8.99
Notes Receivable
14.70
-35.33%
22.74
-16.21%
27.14
-5.61%
28.75
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
15.61
+16.99%
13.34
+444.78%
2.45
-66.51%
7.31
Cash Flow From Continuing Operating Activities
15.61
+16.99%
13.34
+444.78%
2.45
-66.51%
7.31
Net Income From Continuing Operations
8.60
-43.26%
15.15
+160.57%
-25.02
-757.89%
3.80
Depreciation Amortization Depletion
2.41
+7.23%
2.25
+2.49%
2.19
-10.07%
2.44
Depreciation And Amortization
2.41
+7.23%
2.25
+2.49%
2.19
-10.07%
2.44
Other Non Cash Items
1.23
-47.14%
2.33
+343.61%
0.53
+347.06%
0.12
Stock Based Compensation
5.55
0.00
—
—
Provisionand Write Offof Assets
1.06
+211.98%
-0.95
-102.71%
34.86
+10554.09%
0.33
Asset Impairment Charge
—
0.00
-100.00%
0.30
0.00
Deferred Tax
-0.00
+99.21%
-0.18
-310.50%
-0.04
+51.56%
-0.09
Deferred Income Tax
-0.00
+99.21%
-0.18
-310.50%
-0.04
+51.56%
-0.09
Operating Gains Losses
-2.26
-29.17%
-1.75
-30.53%
-1.34
-147.68%
2.82
Gain Loss On Investment Securities
-2.27
-29.83%
-1.75
-27.15%
-1.37
-148.81%
2.81
Gain Loss On Sale Of PPE
0.00
+168.21%
-0.01
-118.87%
0.03
+1956.39%
0.00
Change In Working Capital
-0.97
+72.37%
-3.51
+61.10%
-9.03
-356.29%
-1.98
Change In Receivables
7.09
+47.14%
4.82
+354.38%
-1.89
-129.23%
6.48
Changes In Account Receivables
-1.69
-252.50%
1.11
+141.26%
-2.69
-760.90%
0.41
Change In Inventory
-1.06
-253.49%
0.69
+128.68%
-2.40
-699.67%
0.40
Change In Prepaid Assets
1.73
+213.69%
-1.52
-1343.00%
0.12
+1195.81%
-0.01
Change In Payables And Accrued Expense
1.82
-56.77%
4.22
+143.08%
1.74
+187.30%
-1.99
Change In Payable
1.82
-56.77%
4.22
+143.08%
1.74
+187.30%
-1.99
Change In Account Payable
1.45
+195.26%
-1.52
-230.79%
1.16
+155.95%
-2.08
Change In Other Working Capital
-0.24
-223.04%
0.20
+334.41%
-0.08
+37.82%
-0.13
Change In Other Current Assets
-9.34
+16.15%
-11.14
-75.77%
-6.34
+18.74%
-7.80
Change In Other Current Liabilities
-0.98
-26.56%
-0.78
-364.92%
-0.17
-115.63%
1.07
Investing Cash Flow
-0.92
+50.78%
-1.87
-274.45%
1.07
+3078.43%
0.03
Cash Flow From Continuing Investing Activities
-0.92
+50.78%
-1.87
-274.45%
1.07
+3078.43%
0.03
Net PPE Purchase And Sale
0.02
-75.51%
0.10
0.00
0.00
Sale Of PPE
0.02
-75.51%
0.10
0.00
0.00
Net Investment Purchase And Sale
—
0.00
-100.00%
0.44
0.00
Sale Of Investment
—
0.00
-100.00%
0.44
0.00
Net Business Purchase And Sale
—
0.00
+100.00%
-0.05
+80.00%
-0.25
Purchase Of Business
—
0.00
+100.00%
-0.05
+80.00%
-0.25
Net Other Investing Changes
-0.94
+51.99%
-1.96
-390.25%
0.68
+138.55%
0.28
Financing Cash Flow
-15.61
+49.49%
-30.90
-1178.26%
2.87
+166.89%
-4.28
Cash Flow From Continuing Financing Activities
-15.61
+49.49%
-30.90
-1178.26%
2.87
+166.89%
-4.28
Net Issuance Payments Of Debt
-13.66
+30.24%
-19.58
-648.56%
3.57
+125.94%
-13.76
Issuance Of Debt
0.00
-100.00%
5.56
-65.24%
15.99
+36.73%
11.70
Repayment Of Debt
-13.66
+45.67%
-25.14
-102.33%
-12.42
+51.20%
-25.46
Long Term Debt Issuance
—
—
—
—
Long Term Debt Payments
-6.41
0.00
0.00
+100.00%
-3.83
Net Long Term Debt Issuance
-6.41
0.00
0.00
+100.00%
-3.83
Short Term Debt Issuance
0.00
-100.00%
5.56
-65.24%
15.99
+36.73%
11.70
Short Term Debt Payments
-7.25
+71.15%
-25.14
-102.33%
-12.42
+42.57%
-21.63
Net Short Term Debt Issuance
-7.25
+62.96%
-19.58
-648.56%
3.57
+135.92%
-9.94
Net Common Stock Issuance
—
—
0.00
-100.00%
9.20
Cash Dividends Paid
-2.22
+62.56%
-5.93
-743.40%
-0.70
0.00
Net Other Financing Charges
0.27
+105.03%
-5.39
—
0.28
Changes In Cash
-0.92
+95.26%
-19.43
-404.23%
6.39
+108.52%
3.06
Effect Of Exchange Rate Changes
0.16
+203.30%
-0.15
-107.25%
2.07
+282.90%
-1.13
Beginning Cash Position
8.61
-69.45%
28.19
+42.88%
19.73
+10.83%
17.80
End Cash Position
7.85
-8.88%
8.61
-69.45%
28.19
+42.88%
19.73
Free Cash Flow
15.61
+16.99%
13.34
+444.78%
2.45
-66.51%
7.31
Interest Paid Supplemental Data
0.00
-100.00%
0.05
-82.52%
0.28
-31.60%
0.41
Income Tax Paid Supplemental Data
3.09
+94.25%
1.59
+62.92%
0.98
+40.65%
0.70
Change In Income Tax Payable
0.37
-20.19%
0.47
-18.00%
0.57
+505.34%
0.09
Change In Tax Payable
0.37
-20.19%
0.47
-18.00%
0.57
+505.34%
0.09
Common Stock Issuance
—
—
0.00
-100.00%
9.20
Issuance Of Capital Stock
—
—
0.00
-100.00%
9.20
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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