Greenland Technologies Holding Corporation (GTEC)

Nasdaq: GTEC · General Industrial Machinery & Equipment · East Windsor, NJ · filing with the SEC since 2018

Grade4.2

◀ Past 2.8● Present 4.0▶ Future 5.9

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2018
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Nov 30, 2018
Report filed	Mar 23, 2026	Mar 26, 2025	Apr 16, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Apr 3, 2020	·	Feb 27, 2019
Revenue	90,694,007	83,944,661	90,333,240	90,830,674	98,839,900	66,864,375	52,400,844	60,213,088	·
Cost of revenue	1,140,000	1,270,000	1,180,000	70,995,940	79,246,280	54,051,367	40,022,243	46,139,858	·
Gross profit	28,445,552	22,532,968	24,576,003	19,834,734	19,593,620	12,813,008	12,378,601	14,073,230	·
Research and development	3,920,274	2,936,399	5,424,400	5,786,946	5,526,546	2,384,951	2,355,307	2,512,403	·
General and administrative	15,267,842	4,853,768	6,052,541	5,459,020	3,948,850	2,131,405	2,231,953	1,647,599	·
Total operating expenses	20,923,474	9,938,826	13,796,776	13,876,192	11,343,552	6,104,658	5,774,523	5,375,978	·
Operating income	7,522,078	12,594,142	10,779,227	5,958,542	8,250,068	6,708,350	6,604,078	8,697,252	·
Interest expense	111,663	84,243	250,410	402,968	587,264	930,634	1,289,133	1,554,864	·
Interest and investment income	677,386	864,390	143,094	56,817	68,295	2,645	151,532	304,910	·
Other income (expense), net	946,097	659,204	1,212,354	676,136	·	·	·	·	·
Income before income taxes	12,110,085	16,666,913	-23,309,228	4,502,374^r	9,111,481	8,644,560	5,934,533	8,016,507	·
Income tax expense	3,511,822	1,512,758	1,708,262	699,691	1,843,260	2,272,997	847,367	1,392,956	·
Income from continuing operations	·	·	·	·	·	·	4,464,556	5,956,665	·
Net income including non-controlling interests	8,598,263	15,154,155	-25,017,490	3,802,683^r	7,268,221	6,371,563	5,087,166^r	5,956,665	·
Net income to non-controlling interests	3,666,720	1,087,183	-9,138,374	3,057,130	1,002,643	-386,939	622,610	666,886	·
Net income	4,931,543	14,066,972	-15,879,116	745,553^r	6,265,578	6,758,502	4,464,556^r	6,623,551	·
Net income to common shareholders	·	·	·	·	7,268,221	6,371,563	·	·	·
Earnings per share, basic	0.31	1.03	-1.20	0.06^r	0.58	0.67	·	·	·
Earnings per share, diluted	0.31	1.03	-1.20	0.06^r	0.58	·	·	·	·
Earnings per share, basic and diluted	·	·	·	·	·	0.67	0.56	0.79	·
Weighted average shares, basic	16,145,011	13,594,530	13,229,978	11,886,876	10,840,638	10,037,249	·	·	·
Weighted average shares, diluted	16,145,011	13,594,530	13,229,978	11,886,876	10,840,638	·	·	·	·
Weighted average shares, basic and diluted	·	·	·	·	·	10,037,249	7,932,567	·	·

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton GTEC · research, not advice