Greenland Technologies
Manufactures forklift transmission systems and integrated powertrains for PRC equipment manufacturers.
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Profile
Sells transmission systems and integrated powertrains to forklift manufacturers through unit sales. Reports a single operating segment, while the U.S. HEVI electric-equipment business is suspended amid tariff-policy uncertainty.
Designs, manufactures, and sells transmission systems and integrated powertrains primarily for forklift trucks used in manufacturing and logistics. Revenue comes from unit sales to forklift manufacturers, with more than 100 PRC customers cited in the latest annual filing.
Operates through PRC subsidiaries, where manufacturing, customers, and most employees are based, while corporate headquarters are in New Jersey. A U.S. subsidiary, HEVI, retains a catalog of electric forklifts, loaders, excavators, and mobile DC chargers, but substantially all operations are suspended amid tariff-policy uncertainty.
Reports one operating segment, with forklift transmission boxes generating most revenue. Class B shares concentrate shareholder voting control with the chairman.
Company facts
Key statistics
Year to date +42.4% · Average volume (30d) 759.4K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 14, 2026Q2 FY26 | $0.09 | $0.13 | +44.4% | $22.8M | $29.9M | +31.0% | −1.39% |
| May 13, 2026Q1 FY26 | $0.23 | $0.23 | 0.0% | $25.5M | $25.5M | +0.2% | +4.22% |
| Mar 23, 2026Q4 FY25 | $0.11 | −$0.11 | −200.0% | $20.1M | $23.9M | +18.6% | +8.70% |
| Nov 7, 2025Q3 FY25 | — | $0.33 | — | — | $23.4M | — | +9.11% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $21.7M | $21.7M | $23.4M | $23.9M | $25.5M | $29.9M | |
| Gross profit | $6.7M | $5.8M | $7.6M | $8.1M | $8.6M | $9.5M | |
| Operating income | $4.8M | −$2.3M | $5.1M | −$29.0K | $5.7M | $6.0M | |
| Net income | $4.0M | −$3.2M | $5.7M | −$1.6M | $5.0M | $3.5M | |
| Diluted EPS | $0.29 | −$0.20 | $0.33 | −$0.09 | $0.23 | $0.13 | |
| Gross margin | 30.7% | 26.5% | 32.4% | 33.8% | 33.6% | 31.9% | |
| Operating margin | 22.2% | -10.7% | 21.6% | -0.1% | 22.4% | 20.0% |
Fiscal years (4-quarter sums)FY21 $98.8M · FY22 $90.8M · FY23 $90.3M · FY24 $83.9M · FY25 $90.7M
Balance sheet, Jun 30, 2026Cash & short-term investments $35.4M · Total debt $20.3M · Total assets $147.5M · Shareholders' equity $88.7M
Dividends
No dividends on record.
Ownership
Shares outstanding 26.54M · Float 14.12M · 53.2% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Trendway Capital Limited | 6.01M | 34.56% | 13D | Jun 12, 2025 |
| Peter Wang · director, 10 percent owner: | 6.01M | 22.65% | Form 4 | Jun 12, 2025 |
| Acadian Asset Management LLC | 175.7K | 0.66% | 13F | May 13, 2026 |
| Mariner, LLC | 40.6K | 0.15% | 13F | May 13, 2026 |
| Jane Street Group, LLC | 34.9K | 0.13% | 13F | May 12, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Allison Transmission
Large global supplier of lift-truck and off-highway drive systems.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Greenland Technologies | $0.8900 | −0.78% | $23.7M | 1.5 | — | 0.2 | +37.6% |
| Allison Transmission | $126.32 | −0.06% | $10.48B | 20.1 | 12.1 | 2.8 | +92.4% |
| Median | 20.1 | 12.1 | 2.8 | +92.4% |



