GTEC Stock Overview
Greenland Technologies Holding Corporation develops, manufactures, and sells drivetrain systems for material handling machineries and electric vehicles, and electric industrial vehicles.
Greenland Technologies Holding Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$3.86|
|52 Week High||US$12.60|
|52 Week Low||US$2.60|
|1 Month Change||11.24%|
|3 Month Change||-34.47%|
|1 Year Change||-57.44%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-48.60%|
Recent News & Updates
Greenland Technologies Holding (NASDAQ:GTEC) Is Experiencing Growth In Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
|GTEC||US Machinery||US Market|
Return vs Industry: GTEC underperformed the US Machinery industry which returned -20.1% over the past year.
Return vs Market: GTEC underperformed the US Market which returned -18.4% over the past year.
|GTEC Average Weekly Movement||10.3%|
|Machinery Industry Average Movement||6.1%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.6%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: GTEC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: GTEC's weekly volatility has decreased from 16% to 10% over the past year.
About the Company
|2006||328||Raymond Z. Wang||https://ir.gtec-tech.com|
Greenland Technologies Holding Corporation develops, manufactures, and sells drivetrain systems for material handling machineries and electric vehicles, and electric industrial vehicles. The company offers transmission products for forklift trucks that are used in manufacturing and logistic applications, such as factories, workshops, warehouses, fulfillment centers, shipyards, and seaports. It also develops robotic cargo carriers.
Greenland Technologies Holding Fundamentals Summary
|GTEC fundamental statistics|
Is GTEC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GTEC income statement (TTM)|
|Cost of Revenue||US$82.68m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.52|
|Net Profit Margin||5.72%|
How did GTEC perform over the long term?See historical performance and comparison
Is GTEC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for GTEC?
Other financial metrics that can be useful for relative valuation.
|What is GTEC's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does GTEC's PE Ratio compare to its peers?
|GTEC PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: GTEC is good value based on its Price-To-Earnings Ratio (7.4x) compared to the peer average (35.9x).
Price to Earnings Ratio vs Industry
How does GTEC's PE Ratio compare vs other companies in the U.S. Machinery Industry?
Price-To-Earnings vs Industry: GTEC is good value based on its Price-To-Earnings Ratio (7.4x) compared to the US Machinery industry average (21.7x)
Price to Earnings Ratio vs Fair Ratio
What is GTEC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||7.4x|
|Fair PE Ratio||25.2x|
Price-To-Earnings vs Fair Ratio: GTEC is good value based on its Price-To-Earnings Ratio (7.4x) compared to the estimated Fair Price-To-Earnings Ratio (25.2x).
Share Price vs Fair Value
What is the Fair Price of GTEC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate GTEC's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate GTEC's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: GTEC is good value based on its PEG Ratio (0.3x)
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How is Greenland Technologies Holding forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GTEC's forecast earnings growth (25.8% per year) is above the savings rate (1.9%).
Earnings vs Market: GTEC's earnings (25.8% per year) are forecast to grow faster than the US market (13.9% per year).
High Growth Earnings: GTEC's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GTEC's revenue (19.2% per year) is forecast to grow faster than the US market (8.4% per year).
High Growth Revenue: GTEC's revenue (19.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GTEC's Return on Equity is forecast to be high in 3 years time
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How has Greenland Technologies Holding performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GTEC has high quality earnings.
Growing Profit Margin: GTEC's current net profit margins (5.7%) are lower than last year (10.6%).
Past Earnings Growth Analysis
Earnings Trend: GTEC's earnings have grown significantly by 34.9% per year over the past 5 years.
Accelerating Growth: GTEC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GTEC had negative earnings growth (-31.4%) over the past year, making it difficult to compare to the Machinery industry average (24%).
Return on Equity
High ROE: GTEC's Return on Equity (9.9%) is considered low.
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How is Greenland Technologies Holding's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: GTEC's short term assets ($141.0M) exceed its short term liabilities ($83.9M).
Long Term Liabilities: GTEC's short term assets ($141.0M) exceed its long term liabilities ($2.2M).
Debt to Equity History and Analysis
Debt Level: GTEC's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GTEC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GTEC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GTEC's interest payments on its debt are well covered by EBIT (20.1x coverage).
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What is Greenland Technologies Holding current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GTEC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GTEC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GTEC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GTEC's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as GTEC has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Raymond Z. Wang (37 yo)
Mr. Raymond Z. Wang serves as Chief Executive Officer and President at Greenland Technologies Holding Corporation since October 24, 2019. Mr. Wang serves as Vice Chairman of the board of ONE Project. He ha...
CEO Compensation Analysis
Compensation vs Market: Raymond Z.'s total compensation ($USD540.76K) is about average for companies of similar size in the US market ($USD749.40K).
Compensation vs Earnings: Raymond Z.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: GTEC's management team is considered experienced (2.7 years average tenure).
Experienced Board: GTEC's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.9%.
Greenland Technologies Holding Corporation's employee growth, exchange listings and data sources
- Name: Greenland Technologies Holding Corporation
- Ticker: GTEC
- Exchange: NasdaqCM
- Founded: 2006
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: US$43.732m
- Shares outstanding: 11.33m
- Website: https://ir.gtec-tech.com
Number of Employees
- Greenland Technologies Holding Corporation
- Building 400
- Suite 130
- East Windsor
- New Jersey
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/26 00:00|
|End of Day Share Price||2022/06/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.