GTEC RSI Chart
Last 7 days
2.6%
Last 30 days
2.6%
Last 90 days
-57.1%
Trailing 12 Months
18.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 90.9M | 0 | 0 | 0 |
2023 | 83.7M | 86.6M | 86.7M | 90.3M |
2022 | 103.5M | 95.9M | 94.6M | 90.8M |
2021 | 81.6M | 93.2M | 99.8M | 98.8M |
2020 | 46.5M | 50.3M | 54.9M | 66.9M |
2019 | 58.7M | 57.1M | 54.0M | 52.4M |
2018 | 0 | 0 | 0 | 0 |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 22, 2023 | wang raymond z | bought | 99,537 | 1.4968 | 66,500 | chief executive officer |
Jun 22, 2021 | wang peter | sold | -2,500,000 | 5.00 | -500,000 | - |
Jun 22, 2021 | jin jing | sold | -675,000 | 5.00 | -135,000 | chief financial officer |
Apr 19, 2021 | wang peter | acquired | - | - | 2,500 | - |
Apr 19, 2021 | shen bo | acquired | - | - | 2,500 | - |
Apr 19, 2021 | zhao ming | acquired | - | - | 2,500 | - |
Apr 19, 2021 | nelson charles athle | acquired | - | - | 2,500 | - |
Apr 19, 2021 | wang everett xiaolin | acquired | - | - | 2,500 | - |
Apr 13, 2021 | wang peter | sold | -241,250 | 9.65 | -25,000 | - |
Apr 13, 2021 | wang peter | sold | -610,500 | 12.21 | -50,000 | - |
Which funds bought or sold GTEC recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 15, 2024 | MORGAN STANLEY | added | 1.41 | -3,903 | 15,934 | -% |
May 15, 2024 | Walleye Capital LLC | unchanged | - | -9,737 | 38,425 | -% |
May 15, 2024 | Steward Partners Investment Advisory, LLC | reduced | -64.37 | -85,709 | 33,703 | -% |
May 15, 2024 | Tower Research Capital LLC (TRC) | new | - | 1,505 | 1,505 | -% |
May 15, 2024 | MILLENNIUM MANAGEMENT LLC | new | - | 28,867 | 28,867 | -% |
May 15, 2024 | TWO SIGMA INVESTMENTS, LP | sold off | -100 | -28,550 | - | -% |
May 14, 2024 | NORTHERN TRUST CORP | reduced | -13.97 | -28,452 | 60,872 | -% |
May 13, 2024 | UBS Group AG | reduced | -99.91 | -12,211 | 9.00 | -% |
May 13, 2024 | XTX Topco Ltd | sold off | -100 | -31,271 | - | -% |
May 13, 2024 | GEODE CAPITAL MANAGEMENT, LLC | unchanged | - | -7,674 | 30,283 | -% |
Unveiling Greenland Technologies Holding's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Greenland Technologies Holding)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CAT | 176.0B | 67.0B | 15.65 | 2.63 | ||||
GE | 175.0B | 69.5B | 49.85 | 2.52 | ||||
CMI | 39.1B | 34.0B | 18.95 | 1.15 | ||||
AME | 38.6B | 6.7B | 29.28 | 5.73 | ||||
ACM | 12.2B | 15.3B | -885.03 | 0.79 | ||||
MID-CAP | ||||||||
APG | 9.8B | 6.9B | 57.15 | 1.42 | ||||
FLR | 6.6B | 15.5B | 21.56 | 0.42 | ||||
FLS | 6.5B | 4.4B | 27.89 | 1.48 | ||||
ACA | 4.2B | 2.4B | 29.5 | 1.79 | ||||
ALG | 2.3B | 1.7B | 17.35 | 1.37 | ||||
SMALL-CAP | ||||||||
AMRC | 1.4B | 1.4B | 24.47 | 1.02 | ||||
AGX | 872.9M | 573.3M | 26.98 | 1.52 | ||||
NKLA | 732.5M | 35.8M | -0.78 | 20.44 | ||||
AMSC | 430.6M | 135.4M | -26.25 | 3.18 | ||||
ADES | 247.8M | 100.1M | -30.37 | 2.47 |
Greenland Technologies Holding News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q2 |
Revenue | -0.2% | 22,724 | 22,778 | 21,837 | 23,569 | 22,149 | 19,134 | 21,787 | 20,603 | 29,307 | 22,940 | 23,085 | 28,204 | 24,611 | 23,895 | 16,521 | 16,576 | 9,872 | 11,899 | 11,952 | 12,739 | 14,275 |
Cost Of Revenue | 100.6% | 300 | -47,655 | 15,568 | 16,642 | 16,626 | 15,319 | 16,975 | 15,763 | 22,939 | 19,253 | 17,987 | 22,499 | 19,507 | 19,287 | 13,122 | 13,694 | 7,948 | 8,146 | 9,950 | 9,675 | - |
Gross Profit | -3.6% | 5,647 | 5,856 | 6,269 | 6,928 | 5,523 | 3,815 | 4,812 | 4,839 | 6,368 | 3,687 | 5,097 | 5,705 | 5,104 | 4,609 | 3,398 | 2,882 | 1,924 | 3,752 | 2,002 | 3,064 | - |
Operating Expenses | 1.5% | 3,721 | 3,666 | 3,462 | 3,519 | 3,149 | 5,511 | 2,738 | 2,625 | 3,002 | 3,795 | 3,046 | 2,253 | 2,250 | 1,867 | 1,159 | 1,224 | 1,856 | 2,726 | 994 | 1,071 | 363 |
S&GA Expenses | -26.9% | 549 | 752 | 607 | 574 | 387 | 951 | 522 | 518 | 640 | 471 | 523 | 495 | 379 | 796 | 271 | 305 | 217 | 409 | 180 | 212 | - |
R&D Expenses | -39.4% | 988 | 1,629 | 1,246 | 1,425 | 1,120 | 2,818 | 1,023 | 863 | 1,083 | 2,189 | 1,372 | 1,005 | 960 | 781 | 564 | 476 | 564 | 754 | 450 | 413 | - |
EBITDA Margin | 3.7% | -0.22* | -0.23* | 0.06* | 0.08* | 0.08* | 0.08* | 0.13* | 0.12* | 0.12* | 0.12* | 0.18* | 0.18* | 0.18* | 0.18* | - | - | - | - | - | - | - |
Interest Expenses | 39.3% | 44.00 | 31.00 | 73.00 | 80.00 | 66.00 | 80.00 | 126 | 92.00 | 105 | 79.00 | 107 | 222 | 180 | -11.89 | 232 | 389 | 322 | -3.61 | 415 | 521 | - |
Income Taxes | -181.7% | -186 | 228 | 879 | 305 | 297 | -693 | 519 | 254 | 619 | -1.36 | 928 | 394 | 523 | 1,781 | 347 | 96.00 | 49.00 | 223 | 48.00 | 312 | - |
Earnings Before Taxes | 111.1% | 3,383 | -30,383 | 1,074 | 3,245 | 2,755 | -4,282 | 2,617 | 2,634 | 3,534 | 418 | 2,181 | 3,546 | 2,966 | 5,893 | 807 | 1,567 | 377 | 2,062 | 290 | 1,589 | - |
EBT Margin | 3.3% | -0.25* | -0.26* | 0.03* | 0.05* | 0.04* | 0.05* | 0.10* | 0.09* | 0.09* | 0.09* | 0.15* | 0.14* | 0.14* | 0.13* | - | - | - | - | - | - | - |
Net Income | 112.8% | 2,502 | -19,614 | -887 | 2,940 | 2,459 | -4,816 | 1,278 | 2,379 | 2,915 | -15.21 | 1,028 | 3,152 | 2,443 | 4,893 | 208 | 1,472 | 328 | 2,515 | 156 | 1,130 | -101 |
Net Income Margin | 0.9% | -0.17* | -0.17* | 0.00* | 0.02* | 0.02* | 0.02* | 0.07* | 0.07* | 0.07* | 0.07* | 0.12* | 0.11* | 0.11* | 0.10* | - | - | - | - | - | - | - |
Free Cashflow | -519.5% | -8,422 | 2,008 | 833 | -4,148 | 3,756 | 13,434 | -4,456 | -2,926 | 1,261 | 108 | -5,086 | 3,220 | -3,998 | 494 | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 6.7% | 139 | 130 | 159 | 154 | 157 | 155 | 158 | 150 | 164 | 163 | 158 | 156 | 145 | 132 | 120 | 107 | 108 | 106 | 46.00 | 45.00 | 45.00 |
Current Assets | 3.6% | 103 | 100 | 139 | 133 | 135 | 126 | 135 | 129 | 141 | 139 | 134 | 132 | 121 | 108 | 60.00 | 83.00 | 83.00 | 80.00 | 0.00 | 0.00 | 1.00 |
Cash Equivalents | -13.7% | 20.00 | 23.00 | 22.00 | 15.00 | 15.00 | 16.00 | 11.00 | 8.00 | 13.00 | 11.00 | 16.00 | 21.00 | 10.00 | 9.00 | 11.00 | 7.00 | 8.00 | 6.00 | 0.00 | 0.00 | 1.00 |
Inventory | 0.6% | 25.00 | 25.00 | 20.00 | 20.00 | 23.00 | 23.00 | 22.00 | 24.00 | 25.00 | 26.00 | 21.00 | 18.00 | 18.00 | 15.00 | 13.00 | 10.00 | 12.00 | 10.00 | - | - | - |
Net PPE | - | - | - | 14.00 | 14.00 | 15.00 | 16.00 | 16.00 | 17.00 | 19.00 | 19.00 | 19.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 21.00 | - | - | - |
Goodwill | - | - | - | - | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - | - | - |
Liabilities | 7.6% | 86.00 | 80.00 | 74.00 | 69.00 | 70.00 | 76.00 | 74.00 | 74.00 | 86.00 | 88.00 | 92.00 | 91.00 | 90.00 | 81.00 | 70.00 | 59.00 | 62.00 | 60.00 | 40.00 | 21.00 | 1.00 |
Current Liabilities | 10.0% | 80.00 | 73.00 | 71.00 | 65.00 | 66.00 | 66.00 | 70.00 | 72.00 | 84.00 | 85.00 | 89.00 | 89.00 | 88.00 | 79.00 | 67.00 | 57.00 | 59.00 | 56.00 | 0.00 | 0.00 | 0.00 |
Short Term Borrowings | 171.3% | 8.00 | 3.00 | - | 7.00 | 8.00 | 9.00 | 9.00 | 9.00 | 10.00 | 9.00 | 9.00 | 12.00 | 18.00 | 18.00 | 21.00 | 20.00 | 20.00 | 17.00 | - | - | - |
Shareholder's Equity | 6.5% | 53.00 | 50.00 | 73.00 | 85.00 | 88.00 | 66.00 | 83.00 | 77.00 | 78.00 | 62.00 | 66.00 | 65.00 | 55.00 | 51.00 | 52.00 | 48.00 | 46.00 | 40.00 | 5.00 | 5.00 | 5.00 |
Retained Earnings | 13.5% | 21.00 | 19.00 | 40.00 | 41.00 | 39.00 | 34.00 | 38.00 | 37.00 | 35.00 | 34.00 | 33.00 | 32.00 | 29.00 | 27.00 | 21.00 | 21.00 | 20.00 | 20.00 | -0.37 | -0.16 | -0.05 |
Additional Paid-In Capital | 0% | 30.00 | 30.00 | 33.00 | 33.00 | 33.00 | 30.00 | 33.00 | 24.00 | 24.00 | 24.00 | 22.00 | 22.00 | 16.00 | 14.00 | 15.00 | 15.00 | 15.00 | 15.00 | - | - | - |
Shares Outstanding | 0% | 14.00 | 14.00 | 14.00 | 13.00 | 13.00 | 13.00 | 12.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 10.00 | 10.00 | - | - | - | - | - | - | - |
Minority Interest | 141.7% | 1.00 | 1.00 | 12.00 | 13.00 | 15.00 | 14.00 | 13.00 | 13.00 | 14.00 | 13.00 | 7.00 | 7.00 | 6.00 | 6.00 | 9.00 | 8.00 | 8.00 | 8.00 | - | - | - |
Float | - | - | - | - | 11.00 | - | - | - | 35.00 | - | - | - | 35.00 | - | - | - | - | - | - | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q3 | 2019Q2 |
Cashflow From Operations | -519.5% | -8,422 | 2,008 | 833 | -4,148 | 3,756 | 13,434 | -4,456 | -2,926 | 1,261 | 108 | -5,086 | 3,220 | -3,998 | 494 | -2,626 | 787 | 4,041 | 102 | - | -5,518 | - |
Share Based Compensation | - | - | - | - | - | - | - | - | - | - | - | 15.00 | - | 51.00 | - | - | - | 43.00 | - | - | - | - |
Cashflow From Investing | -1133.6% | -1,880 | -152 | 1,551 | -522 | 195 | -322 | 178 | 177 | 1.00 | 47.00 | -382 | -238 | -65.03 | -639 | 14.00 | -55.05 | -141 | -1,003 | - | -376 | -155 |
Cashflow From Financing | 58.2% | 2,340 | 1,479 | 443 | 4,409 | -3,464 | -8,245 | 11,746 | -1,828 | -5,956 | 1,794 | 600 | 7,198 | 4,871 | 111 | 5,256 | -2,381 | -678 | 236 | - | 8,248 | - |
Dividend Payments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -4.64 | - | - | - |
Unaudited Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($) | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Revenues | $ 22,723,591 | $ 22,149,360 |
Cost of goods sold | 17,076,522 | 16,625,930 |
Gross profit | 5,647,069 | 5,523,430 |
Selling expenses | 549,496 | 387,485 |
General and administrative expenses | 2,183,429 | 1,641,904 |
Research and development expenses | 987,724 | 1,119,891 |
Total operating expenses | 3,720,649 | 3,149,280 |
INCOME FROM OPERATIONS | 1,926,420 | 2,374,150 |
Interest income | 169,213 | 30,393 |
Interest expense | (43,840) | (66,493) |
Change in fair value of the warrant liability | 1,035,306 | |
Other income | 296,148 | 417,382 |
INCOME BEFORE INCOME TAX | 3,383,247 | 2,755,432 |
INCOME TAX BENEFIT (EXPENSE) | (186,001) | 296,858 |
NET INCOME | 3,569,248 | 2,458,574 |
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST | 1,067,045 | 1,011,599 |
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES | 2,502,203 | 1,446,975 |
OTHER COMPREHENSIVE INCOME (LOSS): | (908,762) | 317,332 |
Unrealized foreign currency translation income (loss) attributable to Greenland Technologies Holding Corporation and subsidiaries | (653,808) | 212,352 |
Unrealized foreign currency translation income (loss) attributable to non-controlling interest | (254,954) | 104,980 |
Total comprehensive income attributable to Greenland technologies holding corporation and subsidiaries | 1,848,395 | 1,659,327 |
Total comprehensive income attributable to noncontrolling interest | $ 812,091 | $ 1,116,579 |
WEIGHTED AVERAGE ORDINARY SHARES OUTSTANDING: (in Shares) | 13,594,530 | 12,978,504 |
Basic (in Dollars per share) | $ 0.18 | $ 0.11 |
Unaudited Consolidated Balance Sheets - USD ($) | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 15,985,073 | $ 22,981,324 |
Restricted cash | 3,850,217 | 5,208,063 |
Short Term Investment | 2,794,690 | 2,818,068 |
Notes receivable | 32,125,580 | 27,135,249 |
Accounts receivable, net | 21,159,628 | 16,483,533 |
Inventories, net | 24,746,244 | 24,596,795 |
Advance to suppliers | 606,469 | 288,578 |
Prepayments and other current assets | 1,878,130 | 53,204 |
Total Current Assets | 103,374,342 | 99,790,741 |
Non-current asset | ||
Property, plant, equipment and construction in progress, net | 14,110,492 | 13,698,997 |
Land use rights, net | 3,369,694 | 3,448,505 |
Other intangible assets | 162,579 | 189,620 |
Deferred tax assets | 437,459 | 256,556 |
Right-of-use assets | 1,996,392 | 2,125,542 |
Fixed deposit | 15,395,169 | 9,916,308 |
Other non-current assets | 335,304 | 1,050,698 |
Total non-current assets | 35,807,089 | 30,686,226 |
TOTAL ASSETS | 139,181,431 | 130,476,967 |
Current Liabilities | ||
Short-term bank loans | 8,254,505 | 3,042,296 |
Notes payable-bank acceptance notes | 33,167,150 | 36,712,562 |
Accounts payable | 30,845,465 | 25,272,528 |
Taxes payables | 745,662 | 758,307 |
Customer deposits | 339,838 | 137,985 |
Other current liabilities | 1,947,696 | 2,091,507 |
Lease liabilities | 488,568 | 487,695 |
Total current liabilities | 79,810,476 | 72,524,516 |
Non-current liabilities | ||
Lease liabilities | 1,560,279 | 1,684,614 |
Deferred revenue | 1,447,490 | 1,529,831 |
Warrant liability | 3,049,299 | 4,084,605 |
Total non-current liabilities | 6,057,068 | 7,299,050 |
TOTAL LIABILITIES | 85,867,544 | 79,823,566 |
COMMITMENTS AND CONTINGENCIES | ||
Shareholders’ equity | ||
Ordinary shares, no par value, unlimited shares authorized; 13,594,530 and 13,594,530 shares issued and outstanding as of March 31, 2024 and December 31, 2023. | ||
Additional paid-in capital | 30,286,560 | 30,286,560 |
Statutory reserves | 3,842,331 | 3,842,331 |
Retained earnings | 21,037,336 | 18,535,133 |
Accumulated other comprehensive loss | (3,237,602) | (2,583,794) |
Total shareholders’ equity | 51,928,625 | 50,080,230 |
Non-controlling interest | 1,385,262 | 573,171 |
TOTAL EQUITY | 53,313,887 | 50,653,401 |
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | 139,181,431 | 130,476,967 |
Related Party | ||
Current assets | ||
Due from related parties-current, net | 228,311 | 225,927 |
Current Liabilities | ||
Due to related parties | $ 4,021,592 | $ 4,021,636 |