See more : Shaanxi Energy Investment (001286.SZ) 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
- Axiscades Technologies Limited (AXISCADES.BO) Income Statement Analysis – Financial Results
- Matrix Service Company (MTRX) Income Statement Analysis – Financial Results
- Xcelerate Inc. (XCRT) Income Statement Analysis – Financial Results
- Abhotel Co., Ltd. (6565.T) Income Statement Analysis – Financial Results
- MYCELX Technologies Corporation (MYX.L) 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 |
Alert: Greenland Technologies Wins Bid from Maryland's Port of Baltimore
EAST WINDSOR, N.J. , Sept. 12, 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 Present at H.C. Wainwright's 25th Annual Global Investment Conference
EAST WINDSOR, N.J. , Sept. 6, 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...
Should Value Investors Buy Greenland Technologies (GTEC) Stock?
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...
Why Fast-paced Mover Greenland Technologies Holding Corporation (GTEC) Is a Great Choice for Value Investors
Greenland Technologies Holding Corporation (GTEC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through...
New Industries For Electrification: HEVI's Portfolio Of Electric Vehicles Could See Applications In A Range Of Underelectrified Industries
EAST WINDSOR, NJ / ACCESSWIRE / August 23, 2023 / Greenland Technologies Holding Corporation (NASDAQ:GTEC) is bringing electrification to the heavy equipment industry under its brand HEVI Corp. "I wanted to take my team's expertise and contribute toward the overall...
Greenland Technologies Holding Corporation (GTEC) Q2 2023 Earnings Call Transcript
Greenland Technologies Holding Corporation (NASDAQ:GTEC ) Q2 2023 Earnings Conference Call August 21, 2023 4:30 PM ET Company Participants Josh Centanni - Director of Investor Relations Raymond Wang - Chief Executive Officer Jing Jin - Chief Financial Officer Conference Call...
Greenland Technologies Reports Second Quarter and First Half 2023 Unaudited Financial Results
- 2Q23 Revenue Increased 14% Year-over-Year - 2Q23 Gross Margin Improved 590 Basis Points Year-over-Year - 2Q23 Net Income Increased 24% Year-over-Year - Cash and Cash Equivalents Grew 373% Year-over-Year to $15.2 Million EAST WINDSOR, N.J. , Aug. 21, 2023...
Greenland Technologies to Report Second Quarter and First Half 2023 Unaudited Financial Results on Monday, August 21, 2023
EAST WINDSOR, N.J., Aug. 18, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced that it will hold a conference call on Monday, August 21, 2023 at 4:30 p.m.
This Company At The Intersection Of Two Multi-Billion Dollar Industries Offers A Solution To America's Biggest Mobile Source Of Air Pollutants
EAST WINDSOR, NJ / ACCESSWIRE / August 16, 2023 / Greenland Technologies Holding Corporation (NASDAQ:GTEC) has seen a growth opportunity by electrifying the heavy equipment sector, and it is hoping to get a first-mover advantage as it begins rolling out...
Greenland Technologies CEO to Participate in Panel Discussion at 2023 Sustainable Fleet Technology Conference & Expo
EAST WINDSOR, N.J. , Aug. 16, 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 CEO,...
Source: https://incomestatements.info
Category: Stock Reports