Greenland Technologies Holding Corp. (GTEC) Financial Statements
Industry: General Industrial Machinery & Equipment
In fiscal 2025, Greenland Technologies reported revenue of $90.7M, up 8.0% from $83.9M the year before. Net income was $4.9M (a 5.4% net margin), or $0.31 per diluted share. Gross margin was 31.4% and operating margin was 8.3%. Operating activities generated $15.6M of cash, leaving $15.1M of free cash flow. At fiscal year end, Greenland Technologies held $115.8M in total assets against $49.5M in total liabilities, including $7.8M of cash and equivalents.
Open the full interactive Greenland Technologies financials → Quarterly statements, key ratios, valuation history and price charts.
Greenland Technologies Key Stats
| Share Price | $0.69 |
|---|---|
| Market Cap | $18.4M |
| P/E Ratio | 2.2 |
| Dividend Yield | 18.98% |
| Revenue YoY Growth | +8.0% |
| 52-Week Range | $0.51 – $1.48 |
| Shares Outstanding | 26.5 million (basic, 2026 Q2) |
Greenland Technologies Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $66.9M | $98.8M | $90.8M | $90.3M | $83.9M | $90.7M |
| Cost of Goods Sold | — | — | — | $65.8M | $61.4M | $62.2M |
| Gross Profit | $12.8M | $19.6M | $19.8M | $24.6M | $22.5M | $28.4M |
| Operating Income | $6.7M | $8.3M | $6.0M | $10.8M | $12.6M | $7.5M |
| Pre-Tax Income | $8.6M | $9.1M | $7.3M | -$23.3M | $16.7M | $12.1M |
| Income Tax | $2.3M | $1.8M | $699,691 | $1.7M | $1.5M | $3.5M |
| Net Income | $6.8M | $6.3M | $3.6M | -$15.9M | $14.1M | $4.9M |
| Diluted EPS | $0.67 | — | $0.27 | -$1.20 | $1.03 | $0.31 |
Greenland Technologies Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $23.4M | $23.9M | $25.5M | $29.9M |
| Net Income | $5.7M | -$1.6M | $5.0M | $3.5M |
| Diluted EPS | $0.33 | -$0.10 | $0.23 | $0.13 |
Greenland Technologies Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $7.2M | $11.1M | $16.3M | $23.0M | $6.7M | $7.8M |
| Current Assets | $107.6M | $139.3M | $132.4M | $99.8M | $92.6M | $95.3M |
| Total Assets | $132.0M | $162.6M | $155.1M | $130.5M | $115.6M | $115.8M |
| Current Liabilities | $78.8M | $85.5M | $66.2M | $72.5M | $57.5M | $48.3M |
| Total Long-Term Debt | $963,471 | $395,830 | $1.8M | $1.5M | — | — |
| Total Liabilities | $81.3M | $87.7M | $70.2M | $79.8M | $62.3M | $49.5M |
| Shareholders' Equity | $44.9M | $62.3M | $71.2M | $50.1M | $60.2M | $72.9M |
Greenland Technologies Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $2.7M | -$5.8M | $7.3M | $2.4M | $13.3M | $15.6M |
| Cash From Investing | -$822,769 | -$638,980 | $33,693 | $1.1M | -$1.9M | -$919,593 |
| Cash From Financing | $2.3M | $14.5M | -$4.3M | $2.9M | -$30.9M | -$15.6M |
| Free Cash Flow | — | — | — | — | $11.4M | $15.1M |
| Dividends Paid | — | — | — | $703,595 | $5.9M | $2.2M |
Figures from Greenland Technologies' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Greenland Technologies financials page for every line item.
Greenland Technologies Company Profile
| Ticker | GTEC |
|---|---|
| Exchange | Nasdaq |
| Industry | General Industrial Machinery & Equipment |
| Headquarters | Hangzhou, Zhejiang |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001735041 |
Frequently Asked Questions
What was Greenland Technologies' revenue in fiscal 2025?
Greenland Technologies (GTEC) reported revenue of $90.7M for fiscal 2025.
What is Greenland Technologies' annual revenue history?
Greenland Technologies' annual revenue by fiscal year: 2020: $66.9M; 2021: $98.8M; 2022: $90.8M; 2023: $90.3M; 2024: $83.9M; 2025: $90.7M.
What was Greenland Technologies' net income in fiscal 2025?
Greenland Technologies reported net income of $4.9M for fiscal 2025.
What was Greenland Technologies' earnings per share (EPS) in fiscal 2025?
Greenland Technologies' diluted EPS was $0.31 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Greenland Technologies generate in fiscal 2025?
Greenland Technologies generated $15.1M of free cash flow in fiscal 2025.
What was Greenland Technologies' revenue last quarter?
In its most recent reported quarter (2026 Q2), Greenland Technologies reported revenue of $29.9M.
How many shares of Greenland Technologies are outstanding?
Greenland Technologies reported a weighted average of 26.5 million basic shares outstanding in 2026 Q2.
What is Greenland Technologies' market cap?
Based on its latest closing price, Greenland Technologies (GTEC) has a market capitalization of about $18.4M.
When does Greenland Technologies' fiscal year end?
Greenland Technologies' fiscal year end, as registered with the SEC, is December 31.
Where is Greenland Technologies headquartered?
Greenland Technologies lists its business address in Hangzhou, Zhejiang in its SEC filings.