Greenland Technologies Holding Corporation

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Greenland Technologies Holding Corp. engages in the manufacture of drivetrain systems for material handling machineries and electric vehicles, as well as electric industrial vehicles. Its products include the GEF-series electric forklifts, a series of lithium-powered forklifts with three models ranging in size from 1.8 tons to 3.5 tons, and GEL-1800, a 1.8 ton rated load lithium-powered electric wheeled front loader and GEX-8000, an all-electric 8.0 ton rated load lithium-powered wheeled excavator. The company was founded in 2006 and is headquartered in East Windsor, NJ.

Greenland Technologies Holding Corporation (GTEC) delivered earnings and revenue surprises of -300% and 23.46%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Greenland Technologies Holding Corporation (GTEC) Reports Q4 Loss, Lags Revenue Estimates

4Q22 Gross Margin Rises 380 Basis Points Year over Year FY22 Gross Margin Rises 200 Basis Points Year over Year Cash Balance Rises 47% to $16.3 Million as of End-22 EAST WINDSOR, N.J. , March 30, 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 its unaudited financial results for the fourth quarter and full year ended December 31, 2022.

Greenland Technologies Reports Fourth Quarter and Full Year 2022 Unaudited Financial Results

EAST WINDSOR, N.J. , March 23, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced that it will hold a conference call on Thursday, March 30, 2023 at 8:00 a.m.

Greenland Technologies to Report Fourth Quarter and Full Year 2022 Unaudited Financial Results on Thursday, March 30, 2023

EAST WINDSOR, N.J. , Feb. 3, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") previously announced that it had received a letter on January 4, 2023 from the Staff of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it was not in compliance with the annual meeting requirement set forth in Nasdaq Listing Rule 5620(a) for continued listing on Nasdaq.

Greenland Technologies Receives Nasdaq Compliance Letter Following 2022 Annual General Meeting

Greenland to Hold its 2022 Annual General Meeting of Shareholders on Tuesday, January 31, 2023 EAST WINDSOR, N.J. , Jan. 9, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced that on January 4, 2023, it received a notification (the "Notification") from The Nasdaq Stock Market LLC ("Nasdaq") that the Company no longer satisfies Nasdaq Listing Rule 5620(a) because the company failed to hold an annual shareholders meeting within twelve months of the Company's fiscal year ended December 31, 2021.

Greenland Technologies Receives Nasdaq Notice on 2022 Annual General Meeting Requirement

EAST WINDSOR, N.J. , Nov. 28, 2022 /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 will present at the upcoming Sequire Technology Investor Conference to be held virtually on Wednesday, November 30, 2022.

Greenland to Present at Sequire Technology Investor Conference

Greenland Technologies Holding Corporation (NASDAQ:GTEC ) Q3 2022 Earnings Conference Call November 9, 2022 8:00 AM ET Company Participants Julia Qian - Managing Director, Blueshirt Group Asia Raymond Wang - Chief Executive Officer Jing Jin - Chief Financial Officer Conference Call Participants Theodore O'Neill - Litchfield Hills Research Rommel Dionisio - Aegis Capital Operator Good day, ladies and gentlemen. Thank you for standing by, and we warmly welcome you all to the Greenland Technologies Third Quarter 2022 Earnings Conference Call.

Greenland Technologies Holding Corporation (GTEC) Q3 2022 Earnings Call Transcript

Greenland Technologies Holding Corporation (GTEC) delivered earnings and revenue surprises of -23.08% and 23.55%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Greenland Technologies Holding Corporation (GTEC) Q3 Earnings and Revenues Lag Estimates

CYNGN

- 3Q22 Net Income Increases 67% Compared to 3Q21 EAST WINDSOR, N.J. , Nov. 9, 2022 /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 its unaudited financial results for the third quarter ended September 30, 2022.

Greenland Technologies Reports Third Quarter 2022 Unaudited Financial Results

EAST WINDSOR, N.J. , Nov. 1, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced that it will hold a conference call on Wednesday, November 9, 2022 at 8:00 a.m.

Greenland Technologies to Report Third Quarter 2022 Unaudited Financial Results on Wednesday, November 9, 2022

EAST WINDSOR, N.J. , Oct. 20, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced it has selected Cyngn Inc. ("Cyngn") (Nasdaq: CYN), a developer of innovative autonomous driving solutions for industrial and commercial applications, as the exclusive supplier of Infinitracker asset tracking systems for Greenland's HEVI electric industrial vehicles (www.gethevi.com).

Greenland Technologies Selects Cyngn's Infinitracker for its HEVI Electric Industrial Vehicles

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 picks.

Are Investors Undervaluing Greenland Technologies (GTEC) Right Now?

Greenland Technologies Holding Corporation (GTEC) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Greenland Technologies Holding Corporation (GTEC) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

Greenland Technologies Holding Corporation (NASDAQ:GTEC ) Q2 2022 Earnings Conference Call August 12, 2022 8:00 AM ET Company Participants Julia Qian - Managing Director, Blueshirt Group Asia Raymond Wang - Chief Executive Officer Jing Jin - Chief Financial Officer Conference Call Participants Operator Thank you for standing by. And welcome to the Greenland Technologies Holding Corporation reports Second Quarter and First Half 2022 Unaudited Financial Results Conference Call.

Greenland Technologies Holding Corporation (GTEC) CEO Raymond Wang on Q2 2022 Results - Earnings Call Transcript

2Q22 Gross Margin Rises 330 Basis Points Year over Year 1H22 Gross Margin Rises 200 Basis Points Year over Year EAST WINDSOR, N.J. , Aug. 12, 2022 /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 its unaudited financial results for the second quarter and first half ended June 30, 2022.

Greenland Technologies Reports Second Quarter and First Half 2022 Unaudited Financial Results

EAST WINDSOR, N.J. , Aug. 10, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced that it will hold a conference call on Friday, August 12, 2022 at 8:00 a.m.

Greenland Technologies to Report Second Quarter and First Half 2022 Unaudited Financial Results on Friday, August 12, 2022

EAST WINDSOR, N.J., Aug. 4, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced it is scheduled to meet with institutional investors at the 2022 J.P.

Greenland Technologies to Present at 2022 J.P. Morgan Auto Conference

LOS ANGELES, July 29, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Greenland Technologies Holding Corporation (NASDAQ: GTEC), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announces that it has been featured in a broadcast via NetworkNewsAudio (“NNA”), a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. The audio news release covers the Company's recent announcement of availability of its latest electric industrial vehicle, the GEL-5000, under its new clean industrial heavy equipment brand, HEVI.

Greenland Technologies Holding Corporation Featured in Syndicated Broadcast Covering Launch of Lithium Powered GEL-5000 Electric Front Loader

EAST WINDSOR, N.J. , July 27, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation ("GTEC" or the "Company") (Nasdaq: GTEC), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced the closing of its previously announced registered direct offering and concurrent private placement with a single institutional investor.

Greenland Technologies Holding Corporation Announces Closing of $10 Million Registered Direct and Private Placement Offerings

EAST WINDSOR, N.J. , July 25, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation ("GTEC" or the "Company") (Nasdaq: GTEC), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced that it has entered into a definitive agreement with a single institutional investor for the purchase and sale of 1,250,000 ordinary shares and pre-funded warrants to purchase up to 398,974 ordinary at a purchase price of $4.17 per share in a registered direct offering.

Greenland Technologies Holding Corporation Announces $10.0 Million Registered Direct and Private Placement

EAST WINDSOR, N.J. , July 20, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced availability of its latest electric industrial vehicle, the GEL-5000, under the Company's new clean industrial heavy equipment brand, HEVI (www.gethevi.com).

Greenland Launches Lithium Powered GEL-5000 Electric Front Loader

Is Greenland Technologies (GTEC) a Great Value Stock Right Now?

EAST WINDSOR, N.J. , June 8, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced it is scheduled to meet with institutional investors virtually at Credit Suisse's 2022 Mobility Forum on June 21, 2022.

Greenland Technologies to Present at Credit Suisse's 2022 Mobility Forum

EAST WINDSOR, N.J. , May 18, 2022 /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 it will present virtually at the upcoming H.C.

Greenland Technologies to Present at H.C. Wainwright Global Investment Conference

BALTIMORE , May 17, 2022 /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 commented on the passage of the Maryland Clean Cars Act of 2022, which was sponsored by Delegate David Frasier-Hidalgo. The Maryland Clean Cars Act of 2022 establishes a grant program that the Maryland Energy Administration will administrate, with the Governor including in the annual budget bill an appropriation of at least $750,000 in the fiscal years 2024 through 2027 from the Strategic Investment Fund for grants for zero–emission heavy equipment property under the program.

News for Greenland Technologies Holding Corporation Stock (GTEC)