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Greenland Technologies Holding NasdaqCM:GTEC Stock Report

Last Price

US$2.29

Market Cap

US$32.4m

7D

-9.1%

1Y

-26.4%

Updated

12 Nov, 2024

Data

Company Financials +

Greenland Technologies Holding Corporation

NasdaqCM:GTEC Stock Report

Market Cap: US$32.4m

Greenland Technologies Holding Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Greenland Technologies Holding
Historical stock prices
Current Share PriceUS$2.29
52 Week HighUS$3.84
52 Week LowUS$1.36
Beta1.48
11 Month Change5.29%
3 Month Change54.73%
1 Year Change-26.37%
33 Year Change-59.61%
5 Year Change-67.70%
Change since IPO-69.51%

Recent News & Updates

Recent updates

When Should You Buy Greenland Technologies Holding Corporation (NASDAQ:GTEC)?

Oct 17
When Should You Buy Greenland Technologies Holding Corporation (NASDAQ:GTEC)?

The Market Lifts Greenland Technologies Holding Corporation (NASDAQ:GTEC) Shares 32% But It Can Do More

Aug 30
The Market Lifts Greenland Technologies Holding Corporation (NASDAQ:GTEC) Shares 32% But It Can Do More

A Look At The Fair Value Of Greenland Technologies Holding Corporation (NASDAQ:GTEC)

Aug 23
A Look At The Fair Value Of Greenland Technologies Holding Corporation (NASDAQ:GTEC)

Investors Still Aren't Entirely Convinced By Greenland Technologies Holding Corporation's (NASDAQ:GTEC) Revenues Despite 25% Price Jump

Jul 11
Investors Still Aren't Entirely Convinced By Greenland Technologies Holding Corporation's (NASDAQ:GTEC) Revenues Despite 25% Price Jump

Investors Give Greenland Technologies Holding Corporation (NASDAQ:GTEC) Shares A 35% Hiding

Mar 28
Investors Give Greenland Technologies Holding Corporation (NASDAQ:GTEC) Shares A 35% Hiding

Is It Too Late To Consider Buying Greenland Technologies Holding Corporation (NASDAQ:GTEC)?

Mar 07
Is It Too Late To Consider Buying Greenland Technologies Holding Corporation (NASDAQ:GTEC)?

Greenland Technologies Holding (NASDAQ:GTEC) Will Want To Turn Around Its Return Trends

Feb 15
Greenland Technologies Holding (NASDAQ:GTEC) Will Want To Turn Around Its Return Trends

Greenland Technologies Holding (NASDAQ:GTEC) Is Doing The Right Things To Multiply Its Share Price

May 07
Greenland Technologies Holding (NASDAQ:GTEC) Is Doing The Right Things To Multiply Its Share Price

At US$1.59, Is Greenland Technologies Holding Corporation (NASDAQ:GTEC) Worth Looking At Closely?

Apr 05
At US$1.59, Is Greenland Technologies Holding Corporation (NASDAQ:GTEC) Worth Looking At Closely?

These 4 Measures Indicate That Greenland Technologies Holding (NASDAQ:GTEC) Is Using Debt Reasonably Well

Feb 23
These 4 Measures Indicate That Greenland Technologies Holding (NASDAQ:GTEC) Is Using Debt Reasonably Well

There Are Reasons To Feel Uneasy About Greenland Technologies Holding's (NASDAQ:GTEC) Returns On Capital

Jan 11
There Are Reasons To Feel Uneasy About Greenland Technologies Holding's (NASDAQ:GTEC) Returns On Capital

At US$1.88, Is Greenland Technologies Holding Corporation (NASDAQ:GTEC) Worth Looking At Closely?

Dec 16
At US$1.88, Is Greenland Technologies Holding Corporation (NASDAQ:GTEC) Worth Looking At Closely?

Bearish: Analysts Just Cut Their Greenland Technologies Holding Corporation (NASDAQ:GTEC) Revenue and EPS estimates

Nov 13
Bearish: Analysts Just Cut Their Greenland Technologies Holding Corporation (NASDAQ:GTEC) Revenue and EPS estimates

Greenland Technologies GAAP EPS of $0.13, revenue of $20.6M

Aug 12

Greenland Technologies avails electric industrial vehicle

Jul 20

Greenland Technologies Holding (NASDAQ:GTEC) Is Experiencing Growth In Returns On Capital

May 11
Greenland Technologies Holding (NASDAQ:GTEC) Is Experiencing Growth In Returns On Capital

Greenland Technologies Holding (NASDAQ:GTEC) Is Looking To Continue Growing Its Returns On Capital

Feb 02
Greenland Technologies Holding (NASDAQ:GTEC) Is Looking To Continue Growing Its Returns On Capital

Greenland Technologies Is Betting On Electric Forklifts And Looks Cheap

Nov 30

Investors Will Want Greenland Technologies Holding's (NASDAQ:GTEC) Growth In ROCE To Persist

Sep 21
Investors Will Want Greenland Technologies Holding's (NASDAQ:GTEC) Growth In ROCE To Persist

Should You Be Adding Greenland Technologies Holding (NASDAQ:GTEC) To Your Watchlist Today?

Aug 24
Should You Be Adding Greenland Technologies Holding (NASDAQ:GTEC) To Your Watchlist Today?

Robust Earnings May Not Tell The Whole Story For Greenland Technologies Holding (NASDAQ:GTEC)

May 19
Robust Earnings May Not Tell The Whole Story For Greenland Technologies Holding (NASDAQ:GTEC)

We Like These Underlying Return On Capital Trends At Greenland Technologies Holding (NASDAQ:GTEC)

Apr 30
We Like These Underlying Return On Capital Trends At Greenland Technologies Holding (NASDAQ:GTEC)

Here's Why We Think Greenland Technologies Holding (NASDAQ:GTEC) Is Well Worth Watching

Mar 25
Here's Why We Think Greenland Technologies Holding (NASDAQ:GTEC) Is Well Worth Watching

If You Had Bought Greenland Technologies Holding (NASDAQ:GTEC) Shares A Year Ago You'd Have Earned 435% Returns

Mar 07
If You Had Bought Greenland Technologies Holding (NASDAQ:GTEC) Shares A Year Ago You'd Have Earned 435% Returns

Based On Its ROE, Is Greenland Technologies Holding Corporation (NASDAQ:GTEC) A High Quality Stock?

Feb 17
Based On Its ROE, Is Greenland Technologies Holding Corporation (NASDAQ:GTEC) A High Quality Stock?

Greenland Technologies +11%, expects 25% growth in Q4

Jan 13

Greenland Technologies rallies; launches 'electric industrial vehicle market' division

Dec 07

Shareholder Returns

GTECUS MachineryUS Market
7D-9.1%3.6%3.9%
1Y-26.4%31.7%33.2%

Return vs Industry: GTEC underperformed the US Machinery industry which returned 37.5% over the past year.

Return vs Market: GTEC underperformed the US Market which returned 36.9% over the past year.

Price Volatility

Is GTEC's price volatile compared to industry and market?
GTEC volatility
GTEC Average Weekly Movement15.9%
Machinery Industry Average Movement5.5%
Market Average Movement6.2%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: GTEC's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: GTEC's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a325Raymond Z. Wangir.gtec-tech.com

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, fulfillment centers, shipyards, and seaports.

Greenland Technologies Holding Corporation Fundamentals Summary

How do Greenland Technologies Holding's earnings and revenue compare to its market cap?
GTEC fundamental statistics
Market capUS$32.35m
Earnings (TTM)-US$12.57m
Revenue (TTM)US$90.36m

0.3x

P/S Ratio

-2.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GTEC income statement (TTM)
RevenueUS$90.36m
Cost of RevenueUS$65.81m
Gross ProfitUS$24.55m
Other ExpensesUS$37.12m
Earnings-US$12.57m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.92
Gross Margin27.17%
Net Profit Margin-13.91%
Debt/Equity Ratio0.2%

How did GTEC perform over the long term?

See historical performance and comparison