Greenland Technologies Holding Corporation

Greenland Technologies Holding Corporation

GTEC
Greenland Technologies Holding CorporationUS flagNASDAQ Capital Market
0.96
USD
+0.01
- -
25.35MMarket Cap
2018 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
8.03
6.61
6.66
9.12
7.64
6.83
6.17
5.62
5.13
Basic EPS, GAAP
- -
0.79
0.56
0.67
0.58
0.06
-1.2
1.03
0.31
0.32
Free Cash Flow per Basic Share
- -
-0.48
0.72
0.27
-0.53
0.62
0.19
0.98
0.97
0.72
Dividend per Share
- -
- -
0.02
- -
- -
- -
0.05
0.44
0.14
- -
Book Value per Share
0.86
3.17
3.86
4.39
5.5
5.06
3.68
4.43
4.19
3.17
Tangible Book Value per Share
0.86
2.78
3.47
4
5.14
4.77
3.42
4.18
4
3.05
Basic Weighted Avg Shares
- -
8
8
10
11
12
13
14
16
18
Sales/Revenue/Turnover
- -
60
52
67
99
91
90
84
91
95
Operating Margin (%)
- -
14.44
12.6
10.03
8.35
6.56
-25.45
16.05
9.19
9.78
Depreciation Expense
- -
2
2
2
3
2
2
2
2
2
Net Income, GAAP
- -
6
4
7
6
1
-16
14
5
6
Effective Tax Rate (%)
- -
17.38
14.28
26.29
20.23
15.54
- -
9.08
29
27.1
Profit Margin (%)
- -
9.89
8.52
10.11
6.34
0.82
-17.58
16.76
5.44
6.27
Working Capital
1
-15
24
29
54
60
27
35
47
56
LT Debt
- -
7
1
- -
- -
2
2
1
- -
- -
Total Equity
5
40
47
51
75
79
51
53
66
78
Return on Invested Capital (%)
- -
16.48
6.73
5.2
5.65
4.03
- -
14.51
7.55
7.58
Return on Capital (%)
- -
14.95
5.83
8.22
4.91
-1.57
- -
15.64
1.75
2.51
Return on Common Equity (%)
- -
32.43
12.69
16.19
11.69
1.16
-27.43
25.51
7.41
7.96

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
15
13
16
LT Borrowings
- -
- -
- -
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17
17
27
Market Capitalization
23
11
19

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
99
95
113
Cash, Cash Equivalents & STI
33
35
33
Accounts Receivable, Net
22
17
26
Inventories
24
24
26
Total Current Liabilities
51
48
57
Payables & Accruals
36
35
40
ST Debt
15
13
16
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
9.46%
24.5%
Free Cash Flow
- -
-29.07%
16.99%
Net Income, GAAP
- -
-515.75%
-64.94%
Sales/Revenue/Turnover
- -
8.03%
8.04%
Total Cash Common Dividend
- -
- -
-62.56%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
23
23
19
19
84
2025
22
22
23
24
91
2026
26
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.34
-0.05
- -
1.03
2025
0.29
-0.2
0.33
- -
0.31
2026
0.23
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.44
2025
- -
- -
- -
- -
0.14
2026
- -
- -
- -
- -
- -

Company Description

CEO
Raymond Z. Wang
Full Time Employees
340
Sector
Industrials
Industry
Industrial - Machinery
Address
Building 400 East Windsor NJ United States of America 08512
IPO Date
Aug 8, 2018
Business
Greenland Technologies Holding Corporation (Nasdaq: GTEC) designs, develops, manufactures and sells drivetrain systems, components and electric industrial vehicles for material handling equipment worldwide; offers transmission systems and integrated powertrains primarily for electric forklift trucks, electric industrial heavy equipment including the GEL-1800 all-electric wheeled front loader, GEX-8000 all-electric excavator and electric lithium forklifts under the HEVI brand, as well as charging solutions; and serves manufacturing, logistics, warehouse, fulfillment center, shipyard and seaport applications. Founded in 2006 and headquartered in East Windsor, New Jersey, the company operates primarily in China as the leading provider of transmissions and drivetrains for forklifts while expanding into the North American electric heavy equipment market through its HEVI subsidiary. Recent developments include a 2024 strategic partnership with Lonking Holdings to co-develop electric heavy machinery for the U.S. under the HEVI brand, leveraging Greenland's electric vehicle technology and Lonking's manufacturing expertise; entry into the electric industrial vehicle sector in 2021 with initial U.S. commercialization of the GEL-1800 and GEX-8000 models; and ongoing investments in lithium-powered drivetrain components since 2019.

Company News

  • Greenland Mines Shareholder Letter Recaps Six Months of Achievement; Highlights Coming Milestones for Q4 2026

  • Greenland Mines Completes Acquisition of World-Class Rare Earth Nd-Pr Magnet and Defense Mine Asset Following Greenland Government Approval

  • Greenland Resources Receives Letter of Intent From Nordic Investment Bank

  • Greenland Mines Set to Close Sarfartoq Rare Earths Acquisition by Sept. 1, 2026

  • Arkadian Strategic Metals highlights increasing strategic relevance of Motzfeldt project in Greenland

  • Greenland Mines Announces Pricing of $20 Million Public Offering

  • Greenland Mines Announces Proposed Public Offering

  • Greenland Mines Outlines $2B Valuation for Sarfartoq Project

  • Greenland Mines Sarfartoq Nd-Pr Rare Earth Project Valued Up to US$2.05 Billion With Pre-Tax IRR of 118.6% and Significant Additional Upside Potential

  • Greenland Mines Delivers Landmark S-K 1300 Mineral Resource Estimate for Sarfartoq in Greenland; First-Ever Indicated Resource and First Combined Open Pit/Underground Resource for the Critical Nd-Pr Magnet Rare Earths Project

  • Greenland Government Approves Rare Earths License Transfer to Greenland Mines

  • Greenland Mines Provides Corporate and Operational Update; Announces 1-for-50 Reverse Stock Split

  • Greenland Resources Inc. Begins Trading on OTCQX Best Market

  • Greenland Technologies Expands into Off-Road Industrial Vehicle Market with Proprietary Four-Wheel Drive Transmission Systems

  • Greenland Mines Delivers Two Key Milestones at Skaergaard: Bathymetric Survey Completed, Initial Metallurgical Core Drilling Concluded

  • Greenland Technologies Reports Strong Second Quarter and First Half 2026 Financial Results

  • 80 Mile now expects Greenland drilling in winter 2027

  • Greenland Energy Company Provides Update on Greenland Permitting Process and Project Planning

  • Scout drilling commences at the high-impact Minturn project, Northwest Greenland

  • Greenland Energy Company Issues Shareholder Letter Providing Update with Greenlandic Authorities and Regulators and Preparations Occurring at the Jameson Land Basin