Greenland Technologies Holding Past Earnings Performance
Past criteria checks 0/6
Greenland Technologies Holding's earnings have been declining at an average annual rate of -57.9%, while the Machinery industry saw earnings growing at 15.6% annually. Revenues have been growing at an average rate of 10.3% per year.
Key information
-57.9%
Earnings growth rate
-56.0%
EPS growth rate
| Machinery Industry Growth | 8.8% |
| Revenue growth rate | 10.3% |
| Return on equity | -33.9% |
| Net Margin | -14.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Not Many Are Piling Into Greenland Technologies Holding Corporation (NASDAQ:GTEC) Stock Yet As It Plummets 26%
Nov 29
When Should You Buy Greenland Technologies Holding Corporation (NASDAQ:GTEC)?
Oct 17The Market Lifts Greenland Technologies Holding Corporation (NASDAQ:GTEC) Shares 32% But It Can Do More
Aug 30A Look At The Fair Value Of Greenland Technologies Holding Corporation (NASDAQ:GTEC)
Aug 23Investors Still Aren't Entirely Convinced By Greenland Technologies Holding Corporation's (NASDAQ:GTEC) Revenues Despite 25% Price Jump
Jul 11Investors Give Greenland Technologies Holding Corporation (NASDAQ:GTEC) Shares A 35% Hiding
Mar 28Is It Too Late To Consider Buying Greenland Technologies Holding Corporation (NASDAQ:GTEC)?
Mar 07Greenland Technologies Holding (NASDAQ:GTEC) Will Want To Turn Around Its Return Trends
Feb 15Greenland Technologies Holding (NASDAQ:GTEC) Is Doing The Right Things To Multiply Its Share Price
May 07At US$1.59, Is Greenland Technologies Holding Corporation (NASDAQ:GTEC) Worth Looking At Closely?
Apr 05These 4 Measures Indicate That Greenland Technologies Holding (NASDAQ:GTEC) Is Using Debt Reasonably Well
Feb 23There Are Reasons To Feel Uneasy About Greenland Technologies Holding's (NASDAQ:GTEC) Returns On Capital
Jan 11At US$1.88, Is Greenland Technologies Holding Corporation (NASDAQ:GTEC) Worth Looking At Closely?
Dec 16Bearish: Analysts Just Cut Their Greenland Technologies Holding Corporation (NASDAQ:GTEC) Revenue and EPS estimates
Nov 13Greenland Technologies GAAP EPS of $0.13, revenue of $20.6M
Aug 12Greenland Technologies avails electric industrial vehicle
Jul 20Greenland Technologies Holding (NASDAQ:GTEC) Is Experiencing Growth In Returns On Capital
May 11Greenland Technologies Holding (NASDAQ:GTEC) Is Looking To Continue Growing Its Returns On Capital
Feb 02Greenland Technologies Is Betting On Electric Forklifts And Looks Cheap
Nov 30Investors Will Want Greenland Technologies Holding's (NASDAQ:GTEC) Growth In ROCE To Persist
Sep 21Should You Be Adding Greenland Technologies Holding (NASDAQ:GTEC) To Your Watchlist Today?
Aug 24Robust Earnings May Not Tell The Whole Story For Greenland Technologies Holding (NASDAQ:GTEC)
May 19We Like These Underlying Return On Capital Trends At Greenland Technologies Holding (NASDAQ:GTEC)
Apr 30Here's Why We Think Greenland Technologies Holding (NASDAQ:GTEC) Is Well Worth Watching
Mar 25If You Had Bought Greenland Technologies Holding (NASDAQ:GTEC) Shares A Year Ago You'd Have Earned 435% Returns
Mar 07Revenue & Expenses Breakdown
How Greenland Technologies Holding makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 87 | -12 | 42 | 4 |
| 30 Jun 24 | 90 | -13 | 43 | 5 |
| 31 Mar 24 | 91 | -15 | 44 | 5 |
| 31 Dec 23 | 90 | -16 | 43 | 5 |
| 30 Sep 23 | 87 | -1 | 9 | 7 |
| 30 Jun 23 | 87 | 1 | 9 | 6 |
| 31 Mar 23 | 84 | 0 | 8 | 6 |
| 31 Dec 22 | 91 | 1 | 8 | 6 |
| 30 Sep 22 | 95 | 5 | 7 | 5 |
| 30 Jun 22 | 96 | 5 | 7 | 6 |
| 31 Mar 22 | 104 | 6 | 6 | 6 |
| 31 Dec 21 | 99 | 6 | 6 | 6 |
| 30 Sep 21 | 100 | 11 | 5 | 4 |
| 30 Jun 21 | 93 | 10 | 4 | 3 |
| 31 Mar 21 | 82 | 9 | 4 | 3 |
| 31 Dec 20 | 67 | 7 | 4 | 2 |
| 30 Sep 20 | 55 | 3 | 4 | 2 |
| 30 Jun 20 | 50 | 3 | 4 | 2 |
| 31 Mar 20 | 46 | 3 | 4 | 2 |
| 31 Dec 19 | 52 | 4 | 3 | 2 |
| 30 Sep 19 | 53 | 3 | 3 | 2 |
| 30 Jun 19 | 53 | 4 | 2 | 2 |
| 31 Mar 19 | 58 | 5 | 3 | 3 |
| 31 Dec 18 | 60 | 6 | 3 | 3 |
| 31 Dec 17 | 49 | -3 | 11 | 2 |
Quality Earnings: GTEC is currently unprofitable.
Growing Profit Margin: GTEC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GTEC is unprofitable, and losses have increased over the past 5 years at a rate of 57.9% per year.
Accelerating Growth: Unable to compare GTEC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GTEC is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (14.6%).
Return on Equity
High ROE: GTEC has a negative Return on Equity (-33.95%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 15:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Greenland Technologies Holding Corporation is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Theodore O'Neill | Litchfield Hills Research, LLC |