See more : ADThink Media Société Anonyme (ALADM.PA) Income Statement Analysis – Financial Results
Complete financial analysis of Greenland Technologies Holding Corporation (GTEC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Greenland Technologies Holding Corporation, a leading company in the Industrial – Machinery industry within the Industrials sector.
You may be interested
- Unex Holdings Inc. (UNEX) Income Statement Analysis – Financial Results
- Medicure Inc. (MCUJF) Income Statement Analysis – Financial Results
- Cosmo Lady (China) Holdings Company Limited (2298.HK) Income Statement Analysis – Financial Results
- Sujala Trading & Holdings Limited (SUJALA.BO) Income Statement Analysis – Financial Results
- Turmeric Acquisition Corp. (TMPM) Income Statement Analysis – Financial Results
Greenland Technologies Holding Corporation (GTEC)
About Greenland Technologies Holding Corporation
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. The company was founded in 2006 and is based in East Windsor, New Jersey.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | 90.33M | 90.83M | 98.84M | 66.86M | 52.40M | 60.21M | 49.07M |
| Cost of Revenue | 65.76M | 71.00M | 79.25M | 54.05M | 40.02M | 46.14M | 37.21M |
| Gross Profit | 24.58M | 19.83M | 19.59M | 12.81M | 12.38M | 14.07M | 11.86M |
| Gross Profit Ratio | 27.21% | 21.84% | 19.82% | 19.16% | 23.62% | 23.37% | 24.17% |
| Research & Development | 5.42M | 5.79M | 5.53M | 2.38M | 2.36M | 2.51M | 1.84M |
| General & Administrative | 6.05M | 5.46M | 3.95M | 2.13M | 2.23M | 1.65M | 9.45M |
| Selling & Marketing | 2.32M | 2.63M | 1.87M | 1.59M | 1.19M | 1.22M | 1.42M |
| SG&A | 8.37M | 8.09M | 5.82M | 3.72M | 3.42M | 2.86M | 10.88M |
| Other Expenses | 0.00 | 1.71M | 1.38M | 1.00M | 720.61K | 576.63K | 0.00 |
| Operating Expenses | 13.80M | 13.88M | 11.34M | 6.10M | 5.77M | 5.38M | 11.79M |
| Cost & Expenses | 79.55M | 84.87M | 90.59M | 60.16M | 45.80M | 51.52M | 49.00M |
| Interest Income | 143.09K | 56.82K | 68.30K | 2.65K | 151.53K | 304.91K | 1.15M |
| Interest Expense | 250.41K | 402.97K | 587.26K | 930.63K | 1.29M | 1.55M | 0.00 |
| Depreciation & Amortization | 2.19M | 2.44M | 2.51M | 2.44M | 2.30M | 1.58M | 1.29M |
| EBITDA | -20.87M | 8.39M | 10.76M | 9.14M | 8.90M | 10.28M | 436.38K |
| EBITDA Ratio | -23.10% | 11.18% | 12.35% | 15.18% | 18.65% | 18.53% | 0.89% |
| Operating Income | 10.78M | 5.96M | 8.25M | 6.71M | 6.60M | 8.70M | -853.32K |
| Operating Income Ratio | 11.93% | 6.56% | 8.35% | 10.03% | 12.60% | 14.44% | -1.74% |
| Total Other Income/Expenses | -34.09M | -1.46M | 861.41K | 1.94M | -669.55K | -680.75K | -224.73K |
| Income Before Tax | -23.31M | 7.32M | 9.11M | 8.64M | 5.93M | 8.02M | -1.08M |
| Income Before Tax Ratio | -25.80% | 8.05% | 9.22% | 12.93% | 11.33% | 13.31% | -2.20% |
| Income Tax Expense | 1.71M | 699.69K | 1.84M | 2.27M | 847.37K | 1.39M | 2.19M |
| Net Income | -15.88M | 6.62M | 6.27M | 6.76M | 4.46M | 5.96M | -3.26M |
| Net Income Ratio | -17.58% | 7.28% | 6.34% | 10.11% | 8.52% | 9.89% | -6.65% |
| EPS | -1.20 | 0.56 | 0.58 | 0.67 | 0.56 | 0.79 | -3.26 |
| EPS Diluted | -1.20 | 0.56 | 0.58 | 0.67 | 0.56 | 0.79 | -3.26 |
| Weighted Avg Shares Out | 13.23M | 11.89M | 10.84M | 10.04M | 7.93M | 7.50M | 1.00M |
| Weighted Avg Shares Out (Dil) | 13.23M | 11.89M | 10.84M | 10.04M | 7.93M | 7.50M | 1.00M |
HEVI's Cost-Effective All-Electric Heavy Equipment Could Be Key To Reaching Net Zero Emissions By 2050
EAST WINDSOR, NJ / ACCESSWIRE / October 27, 2023 / In the urgent quest to combat climate change and achieve net-zero emissions by 2050, innovative solutions are the need of the hour. Heavy industries, often notorious for their significant carbon...
Breaking Down Barriers: How Greenland Technologies' (NASDAQ: GTEC) Mobile Chargers Are Paving the Way for Electrification
EAST WINDSOR, NJ / ACCESSWIRE / October 26, 2023 / As companies and countries race to electrify the globe, infrastructure continuously poses threats to the advancement of environmentally sustainable electrification. Effective electrification of larger vehicles, such as heavy-duty trucks and...
Greenland Technologies (NASDAQ: GTEC) Aims To Quiet The Noise Pollution At Construction Sites
EAST WINDSOR, NJ / ACCESSWIRE / October 25, 2023 / Noise pollution is a serious problem that affects both people and wildlife. Construction sites are a major source of noise pollution, and the equipment used can often exceed safe noise...
Is Greenland Technologies (GTEC) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Greenland Technologies (NASDAQ: GTEC) Announces A New Partnership With Quality Truck Center Following A String Of Successful Strategic Partnerships
EAST WINDSOR, NJ / ACCESSWIRE / October 5, 2023 / Greenland Technologies Holding Corporation (NASDAQ:GTEC) is a leading developer of innovative solutions for the material handling industry. The company focuses on developing and manufacturing electric industrial vehicles and drive train...
Greenland Technologies Wins Port Of Baltimore Bid, Contributing To 15,300 Direct Jobs And $3.3 Billion In Salaries
EAST WINDSOR, NJ / ACCESSWIRE / September 28, 2023 / Greenland Technologies Holding Corporation (NASDAQ:GTEC) is a leading developer of innovative solutions in the material handling industry. The company focuses on developing and manufacturing electric industrial vehicles and drive train...
Greenland Technologies to Present at 16th LD Micro Investor Conference
EAST WINDSOR, N.J. , Sept. 27, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced that it...
Greenland Technologies Announces Quality Truck Center has Joined HEVI's Approved Service Provider Network Program
EAST WINDSOR, N.J. , Sept. 25, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced that...
Greenland Technologies to Showcase Electrification Solutions at 2023 UTCA Convention
EAST WINDSOR, N.J. , Sept. 18, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced that...
HEVI's Line Of All-Electric Excavators And Loaders Finally Brings A Zero Emission Alternative To Diesel-Powered Heavy Equipment
EAST WINDSOR, NJ / ACCESSWIRE / September 15, 2023 / As the Senate and the EPA battle over new emission standards for trucks and other heavy equipment, a decades-long effort to curb emissions across construction, manufacturing, agriculture and other industries...
Source: https://incomestatements.info
Category: Stock Reports