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GTEC · NASDAQ · Industrial - Machinery

Greenland Technologies

Manufactures forklift transmission systems and integrated powertrains for PRC equipment manufacturers.

$0.8900
After-hours close−0.01 (−0.78%)
At close$0.8970(+6.66%)
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Profile

Greenland Technologies Holding CorporationGTECIndustrials

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

CEORaymond Z. Wang
ListedOct 28, 2019
ExchangeNASDAQ
HeadquartersEast Windsor, NJ
CountryUnited States
Employees340
CIK0001735041
ISINVGG4095T1075

Key statistics

Market cap$23.7M
EPS (ttm)$0.5992
P/E (ttm)1.49
ROE15.8%
P/B0.2667
P/S0.2303
Dividend yield
Beta0.61vs XLI −0.08

Year to date +42.4% · Average volume (30d) 759.4K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate$0.13
ReportedDue Nov 6, 2026

Revenue

Estimate$24.6M
ReportedDue Nov 6, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext 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$0.230.0%$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%
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Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 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 margin30.7%26.5%32.4%33.8%33.6%31.9%
Operating margin22.2%-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

Institutions 1.40%372.1K sharesInsiders 22.65%6.01M sharesOther 75.95%20.16M shares

Shares outstanding 26.54M · Float 14.12M · 53.2% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Trendway Capital Limited6.01M34.56%13DJun 12, 2025
Peter Wang · director, 10 percent owner: 6.01M22.65%Form 4Jun 12, 2025
Acadian Asset Management LLC175.7K0.66%13FMay 13, 2026
Mariner, LLC40.6K0.15%13FMay 13, 2026
Jane Street Group, LLC34.9K0.13%13FMay 12, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

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Peers

CompareAfter-hours close

CompanyPriceChange
Greenland Technologies$0.8900−0.78%$23.7M1.50.2+37.6%
Allison Transmission$126.32−0.06%$10.48B20.112.12.8+92.4%
Median20.112.12.8+92.4%