New Risk • Mar 25
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.4% Last year net profit margin: 17% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 10% per year over the past 5 years. Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (5.4% net profit margin). Market cap is less than US$100m (US$17.5m market cap). 공시 • Mar 17
Greenland Technologies Holding Corporation Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency On March 12, 2026, Greenland Technologies Holding Corporation (the Company) received a notification letter (the Bid Price Deficiency Letter) from the Listing Qualifications staff of The Nasdaq Stock Market LLC (Nasdaq) notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company's Class A ordinary shares has been below the minimum USD 1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (Rule 5550(a)(2)). The Bid Price Deficiency Letter is a notice of deficiency, not delisting, and does not currently affect the listing or trading of the Company's Class A ordinary shares on The Nasdaq Capital Market. The Company has 180 days, or until September 8, 2026, to regain compliance with Rule 5550(a)(2) by maintaining a closing bid price of at least USD 1.00 per share for a minimum of 10 consecutive business days. Additionally, the Company may be eligible for an additional compliance period of 180 calendar days if, on September 8, 2026, the Company meets the continued listing requirement for market value of publicly held shares and all other applicable standards for initial listing on the Nasdaq Capital Market (with the exception of the closing bid price requirement) based on the Company's then most recent public filings and market information, and the Company provides written notice to Nasdaq of its intent to cure during such additional compliance period of 180 calendar days the deficiency in the Company's compliance with the minimum closing bid price requirement of Rule 5550(a)(2), including, without limitation, by effecting a share consolidation, if necessary. The Company intends to monitor closely the closing bid price of its Class A ordinary shares and to consider plans for regaining compliance with Rule 5550(a)(2). While the Company plans to review all available options, there can be no assurance that it will be able to regain compliance with the applicable rules during the 180-day compliance period ending on September 8, 2026, any additional compliance period, or at all. New Risk • Feb 06
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 65% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$18.0m market cap). 공시 • Jan 29
Greenland Technologies Holding Corporation has completed a Composite Units Offering in the amount of $6.099996 million. Greenland Technologies Holding Corporation has completed a Composite Units Offering in the amount of $6.099996 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 5,083,330
Price\Range: $1.2
Discount Per Security: $0.048 New Risk • Dec 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (US$16.4m market cap). 공시 • Dec 01
Greenland Technologies Holding Corporation, Annual General Meeting, Dec 29, 2025 Greenland Technologies Holding Corporation, Annual General Meeting, Dec 29, 2025. Reported Earnings • Nov 09
Third quarter 2025 earnings released: EPS: US$0.33 (vs US$0.05 loss in 3Q 2024) Third quarter 2025 results: EPS: US$0.33 (up from US$0.05 loss in 3Q 2024). Revenue: US$23.4m (up 24% from 3Q 2024). Net income: US$5.73m (up US$6.42m from 3Q 2024). Profit margin: 25% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$1.02, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 24x in the Machinery industry in the US. Total loss to shareholders of 51% over the past three years. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$1.39, the stock trades at a trailing P/E ratio of 3.1x. Average trailing P/E is 24x in the Machinery industry in the US. Total loss to shareholders of 59% over the past three years. Reported Earnings • Aug 15
Second quarter 2025 earnings released: US$0.20 loss per share (vs US$0.34 profit in 2Q 2024) Second quarter 2025 results: US$0.20 loss per share (down from US$0.34 profit in 2Q 2024). Revenue: US$21.7m (down 5.6% from 2Q 2024). Net loss: US$3.23m (down 169% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. New Risk • May 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 27% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (28% increase in shares outstanding). Significant insider selling over the past 3 months (US$6.2m sold). Market cap is less than US$100m (US$35.8m market cap). Reported Earnings • May 15
First quarter 2025 earnings released: EPS: US$0.29 (vs US$0.18 in 1Q 2024) First quarter 2025 results: EPS: US$0.29 (up from US$0.18 in 1Q 2024). Revenue: US$21.7m (down 4.6% from 1Q 2024). Net income: US$4.00m (up 60% from 1Q 2024). Profit margin: 19% (up from 11% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to US$2.07, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 17x in the Machinery industry in the US. Total loss to shareholders of 44% over the past three years. New Risk • Mar 27
New major risk - Revenue and earnings growth Earnings have declined by 42% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (US$17.8m market cap). Reported Earnings • Mar 27
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: US$1.04 (up from US$1.20 loss in FY 2023). Revenue: US$83.9m (down 7.1% from FY 2023). Net income: US$14.1m (up US$29.9m from FY 2023). Profit margin: 17% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 84%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. New Risk • Feb 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$32.8m market cap). 공시 • Jan 02
Greenland Technologies Holding Corporation Elects Zheng He as Class I Director Greenland Technologies Holding Corporation at the annual general meeting of shareholders held on December 27, 2024, Zheng He be elected as a Class I director of the Company to hold office until the annual general meeting of the Company in 2026 and until his successor is duly elected and qualified (“Election of Zheng He”). 공시 • Dec 10
Greenland Technologies Holding Corporation, Annual General Meeting, Dec 27, 2024 Greenland Technologies Holding Corporation, Annual General Meeting, Dec 27, 2024. Reported Earnings • Nov 17
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: US$0.05 loss per share (improved from US$0.065 loss in 3Q 2023). Revenue: US$18.8m (down 14% from 3Q 2023). Net loss: US$684.4k (loss narrowed 23% from 3Q 2023). Revenue missed analyst estimates by 22%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Machinery industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Nov 14
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.3% to US$2.22. The fair value is estimated to be US$2.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Sep 20
Now 23% undervalued Over the last 90 days, the stock has risen 49% to US$2.19. The fair value is estimated to be US$2.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Aug 23
Now 25% undervalued Over the last 90 days, the stock has risen 39% to US$2.11. The fair value is estimated to be US$2.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Meanwhile, the company became loss making. New Risk • Aug 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Shareholders have been diluted in the past year (4.7% increase in shares outstanding). Market cap is less than US$100m (US$22.0m market cap). Reported Earnings • Aug 16
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: EPS: US$0.34 (up from US$0.18 in 2Q 2023). Revenue: US$23.0m (down 2.3% from 2Q 2023). Net income: US$4.65m (up 94% from 2Q 2023). Profit margin: 20% (up from 10% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Machinery industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Board Change • Jun 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Frank Zhao was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • Mar 30
Greenland Technologies Holding Corporation announced delayed annual 10-K filing On 03/29/2024, Greenland Technologies Holding Corporation announced that they will be unable to file their next 10-K by the deadline required by the SEC. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to US$2.05, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 19x in the Machinery industry in the US. Total loss to shareholders of 86% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$3.03, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the Machinery industry in the US. Total loss to shareholders of 73% over the past three years. Price Target Changed • Feb 09
Price target decreased by 9.5% to US$9.50 Down from US$10.50, the current price target is an average from 2 analysts. New target price is 188% above last closing price of US$3.30. Stock is up 38% over the past year. The company is forecast to post earnings per share of US$0.23 for next year compared to US$0.30 last year. Board Change • Feb 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Frank Zhao was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • Dec 14
Greenland Technologies Holding Corporation, Annual General Meeting, Dec 29, 2023 Greenland Technologies Holding Corporation, Annual General Meeting, Dec 29, 2023, at 09:30 US Eastern Standard Time. Agenda: To elect Peter Zuguang Wang and Frank Shen (the Director Nominees) to serve as a Class II director until the annual shareholders meeting in 2025 and until their successors are duly elected and qualified; to ratify the appointment of WWC Professional Corporation (WWC) as the Company's independent registered public accounting firm for the fiscal year ending December31, 2023; and to instruct the chairman of the Meeting adjourn the Meeting to a later date, if necessary, under certain circumstances, including for the purpose of soliciting additional proxies in favor of the foregoing Proposals, in the event the Company does not receive the requisite shareholder vote to approve the Proposals. 공시 • Nov 18
Greenland Technologies Holding Corporation to Report Q3, 2023 Results on Nov 20, 2023 Greenland Technologies Holding Corporation announced that they will report Q3, 2023 results on Nov 20, 2023 공시 • Nov 11
Greenland Technologies Holding Corporation announced delayed 10-Q filing On 11/09/2023, Greenland Technologies Holding Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 공시 • Aug 19
Greenland Technologies Holding Corporation to Report Q2, 2023 Results on Aug 21, 2023 Greenland Technologies Holding Corporation announced that they will report Q2, 2023 results on Aug 21, 2023 Price Target Changed • Aug 13
Price target decreased by 9.5% to US$9.50 Down from US$10.50, the current price target is an average from 2 analysts. New target price is 466% above last closing price of US$1.68. Stock is down 62% over the past year. The company is forecast to post earnings per share of US$0.21 for next year compared to US$0.30 last year. 공시 • May 17
Greenland Technologies Holding Corporation to Report Q1, 2023 Results on May 19, 2023 Greenland Technologies Holding Corporation announced that they will report Q1, 2023 results on May 19, 2023 공시 • May 13
Greenland Technologies Holding Corporation announced delayed 10-Q filing On 05/12/2023, Greenland Technologies Holding Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 공시 • May 10
Greenland Technologies Holding Corporation Appoints Dana Hopkins as the Chief Operating Officer of HEVI Corp Greenland Technologies Holding Corporation announced the appointment of Dana Hopkins as the Chief Operating Officer (the "COO") of HEVI Corp., a wholly owned subsidiary of Greenland, effective March, 2023. As the COO, Mr.Hopkins reports to CEO Raymond Wang and leads the development of service and sales processes as well as operational tasks.Mr. Hopkins brings to Greenland nearly 30 years of leadership experience in the industrial equipment market. He has served in key roles such as COO at the Western Carolina Forklift and Toyota Material Handling Northeast along with other executive roles in companies such as Hangcha Forklift of America, The Modern Group, Pacific Material Handling Group and Eastern Lift Truck Company. Most recently, he served as Customer Experience Manager at JESCO Inc. Valuation Update With 7 Day Price Move • May 06
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to US$1.20, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Machinery industry in the US. Total loss to shareholders of 31% over the past three years. Major Estimate Revision • Apr 02
Consensus EPS estimates fall by 20% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$131.0m to US$127.1m. EPS estimate also fell from US$0.645 per share to US$0.515 per share. Net income forecast to grow 27% next year vs 13% growth forecast for Machinery industry in the US. Consensus price target down from US$12.00 to US$10.50. Share price fell 6.3% to US$1.63 over the past week. 공시 • Jan 10
Greenland Technologies Holding Corporation, Annual General Meeting, Jan 31, 2023 Greenland Technologies Holding Corporation, Annual General Meeting, Jan 31, 2023, at 09:30 US Eastern Standard Time. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improved over the past week After last week's 16% share price gain to US$2.19, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 17x in the Machinery industry in the US. Total loss to shareholders of 55% over the past three years. Reported Earnings • Nov 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: US$0.10 (up from US$0.09 in 3Q 2021). Revenue: US$21.8m (down 5.6% from 3Q 2021). Net income: US$1.28m (up 24% from 3Q 2021). Profit margin: 5.9% (up from 4.5% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 16
Price target decreased to US$12.00 Down from US$14.50, the current price target is an average from 2 analysts. New target price is 422% above last closing price of US$2.30. Stock is down 59% over the past year. The company is forecast to post earnings per share of US$0.47 for next year compared to US$0.58 last year. 공시 • Nov 02
Greenland Technologies Holding Corporation to Report Q3, 2022 Results on Nov 09, 2022 Greenland Technologies Holding Corporation announced that they will report Q3, 2022 results on Nov 09, 2022 Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to US$2.13, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 15x in the Machinery industry in the US. Total loss to shareholders of 65% over the past year. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$2.56, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 15x in the Machinery industry in the US. Total loss to shareholders of 61% over the past year. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$3.70, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 18x in the Machinery industry in the US. Total loss to shareholders of 41% over the past year. Reported Earnings • Aug 17
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: EPS: US$0.13 (down from US$0.26 in 2Q 2021). Revenue: US$20.6m (down 27% from 2Q 2021). Net income: US$1.49m (down 47% from 2Q 2021). Profit margin: 7.2% (down from 9.9% in 2Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 7.1%. Over the next year, revenue is forecast to grow 26%, compared to a 18% growth forecast for the Machinery industry in the US. 공시 • Aug 11
Greenland Technologies Holding Corporation to Report Q2, 2022 Results on Aug 12, 2022 Greenland Technologies Holding Corporation announced that they will report Q2, 2022 results on Aug 12, 2022 공시 • Jul 30
Greenland Technologies Holding Corporation Featured in Syndicated Broadcast Covering Launch of Lithium Powered GEL-5000 Electric Front Loader Greenland Technologies Holding Corporation announced that it has been featured in a broadcast via NetworkNewsAudio a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. The audio news release covers the Company’s recent announcement of availability of its latest electric industrial vehicle, the GEL-5000, under its new clean industrial heavy equipment brand, HEVI. The new GEL-5000 is a 5.0-ton rated load all-electric lithium wheeled front loader that boasts strong power, approximately 40,000 pounds operating weight and increased payload options, making it a clean, green industrial vehicle with a rapid two-hour charge time and nine hours of operation time per charge. As detailed in the news release, Greenland Technologies’ new GEL-5000 all electric front loader offers a long list of sustainability, performance, comfort, maintenance and safety features that make it ideal for both indoor and outdoor usage. The company notes that the front loader is perfect for on-site applications in industries ranging from agriculture and urban construction to waste management and property management. 공시 • Jul 29
Greenland Technologies Holding Corporation has completed a Follow-on Equity Offering in the amount of $6.875823 million. Greenland Technologies Holding Corporation has completed a Follow-on Equity Offering in the amount of $6.875823 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,250,000
Price\Range: $4.17
Security Name: Pre Funded Warrants
Security Type: Equity Warrant
Securities Offered: 398,974
Price\Range: $4.169 공시 • Jul 28
Greenland Technologies Holding Corporation announced that it has received $3.13 million in funding On July 27, 2022, Greenland Technologies Holding Corporation closed the transaction. The company raised $3.13 million in the transaction. 공시 • Jul 26
Greenland Technologies Holding Corporation announced a financing transaction Greenland Technologies Holding Corporation announced a private placement to issue units at issue price of $5.089 per unit on July 25, 2022. The units can be exercised to purchased pre-funded warrants to purchase up to 616,026 ordinary shares and common warrants to purchase 4,530,000 shares at an exercise price of $4.49 per share. The exercise price per pre-funded warrant of $0.001 per share. The warrants will have a 5.5-year term from the date of closing of the transaction. The transaction is expected to close on July 27, 2022, subject to the satisfaction of customary closing conditions. 공시 • Jul 21
Greenland Technologies Holding Corporation Launches Lithium Powered GEL-5000 Electric Front Loader Greenland Technologies Holding Corporation announced availability of its latest electric industrial vehicle, the GEL-5000, under the Company's new clean industrial heavy equipment brand, HEVI The new GEL-5000 is a 5.0 ton rated load all-electric lithium wheeled front loader that boasts strong power, approximately 40,000 pounds operating weight and increased payload options, making it a clean, green industrial vehicle with a rapid 2 hour charge time and 9 hours of operation time per charge. With a long list of sustainability, performance, comfort, maintenance and safety features, the new GEL-5000 all electric front loader is ideal for both indoor and outdoor usage. It is perfect for on-site applications in industries ranging from agriculture, urban construction to waste management and property management. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 17% share price gain to US$3.75, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 17x in the Machinery industry in the US. Total loss to shareholders of 56% over the past year. Reported Earnings • May 18
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: US$0.16 (down from US$0.21 in 1Q 2021). Revenue: US$29.3m (up 19% from 1Q 2021). Net income: US$1.79m (down 16% from 1Q 2021). Profit margin: 6.1% (down from 8.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) also surpassed analyst estimates by 78%. Over the next year, revenue is forecast to grow 6.7%, compared to a 53% growth forecast for the industry in the US. 공시 • May 12
Greenland Technologies Holding Corporation to Report Q1, 2022 Results on May 16, 2022 Greenland Technologies Holding Corporation announced that they will report Q1, 2022 results Pre-Market on May 16, 2022 Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 24% share price decline to US$2.91, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 16x in the Machinery industry in the US. Total loss to shareholders of 58% over the past year. Board Change • Apr 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Everett Xiaolin Wang is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 30
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: US$0.58 (down from US$0.67 in FY 2020). Revenue: US$98.8m (up 48% from FY 2020). Net income: US$6.27m (down 7.3% from FY 2020). Profit margin: 6.3% (down from 10% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 6.9%, compared to a 17% growth forecast for the industry in the US. 공시 • Mar 29
Greenland Technologies Holding Corporation Provides Operating Guidance for the Full Year of 2022 Greenland Technologies Holding Corporation provided operating guidance for the full year of 2022. For the period, expects to deliver between 100 to 150 vehicles. 공시 • Mar 23
Greenland Technologies Holding Corporation to Report Q4, 2021 Results on Mar 28, 2022 Greenland Technologies Holding Corporation announced that they will report Q4, 2021 results Pre-Market on Mar 28, 2022 공시 • Feb 18
Greenland Launches Innovative GEX-8000 Electric Industrial Excavator Greenland Technologies Holding Corporation announced the launch of its latest innovative industrial vehicle, the GEX-8000 Industrial Electric Excavator. This marks another major expansion in Greenland's product roadmap of innovative industrial vehicles that provide sustainable solutions to industries traditionally dominated by heavy emission equipment. The GEX-8000 Industrial Electric Excavator is powered by a 141 kWh lithium battery that boasts a rapid 2 hour charge time with 9 hours of operating time per charge. With an 8.0 ton rated load, the powerful yet zero operating emissions GEX-8000 is positioned to help further modernize the global industrial equipment market. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$4.83, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 20x in the Machinery industry in the US. Total loss to shareholders of 36% over the past year. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improved over the past week After last week's 69% share price gain to US$9.89, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Machinery industry in the US. Total returns to shareholders of 111% over the past year. Reported Earnings • Nov 14
Third quarter 2021 earnings released: EPS US$0.09 (vs US$0.021 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$23.1m (up 40% from 3Q 2020). Net income: US$1.03m (up 395% from 3Q 2020). Profit margin: 4.5% (up from 1.3% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS US$0.26 (vs US$0.13 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$28.2m (up 70% from 2Q 2020). Net income: US$2.78m (up 121% from 2Q 2020). Profit margin: 9.9% (up from 7.6% in 2Q 2020). The increase in margin was driven by higher revenue.