GTEC Financials Greenland Technologies Holding Corp.

9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 34 d ago Overview →

Growth & profitability

Revenue has grown 6.3% per year over the past 5 years.
Net income has grown slower than revenue (-6.1% vs 6.3% per year).
Operating margin has contracted, at 8.3% in the latest year.
Free cash flow has grown 196.7% per year over the past 5 years.

Financial health

Total debt has grown slower than revenue (-34.5% vs 6.3% per year).
Operating income covered interest expense 67× in the latest year.

Shareholder returns

Dividends have been paid for 3 consecutive years, consuming 45.1% of earnings and 14.7% of free cash flow.
The dividend has grown 77.7% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$91M	$5M	31.4%	8.3%	6.8%	4.3%	$15M	—	$8M
2024	$84M	$14M	26.8%	15.0%	23.4%	12.2%	$11M	—	$7M
2023	$90M	-$16M	27.2%	11.9%	-31.7%	-12.2%	$2M	—	$23M
2022	$91M	$745553	21.8%	6.6%	1.1%	0.5%	—	—	$16M
2021	$99M	$6M	19.8%	8.3%	10.1%	3.9%	—	$9M	$11M
2020	$67M	$7M	19.2%	10.0%	15.1%	5.1%	—	$19M	$7M
2019	$52M	$4M	23.6%	12.6%	11.6%	4.2%	$7M	$21M	$2M
2018	$60M	$7M	23.4%	14.4%	20.9%	5.9%	-$4M	—	$6M
2018	—	-$66784	—	—	-1.3%	-0.1%	—	—	$644700

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$30M	$4M	31.9%	20.0%	3.9%	2.4%	$99724	—	$9M
Mar '26	$26M	$5M	34.3%	22.4%	5.9%	3.7%	-$1M	—	$10M
Dec '25	$24M	-$2M	35.4%	-0.1%	-2.2%	-1.4%	$8M	—	$8M
Sep '25	$23M	$6M	32.4%	21.6%	7.6%	4.6%	—	—	$4M
Jun '25	$22M	-$3M	26.5%	-10.7%	-4.7%	-2.6%	-$2M	—	$5M
Mar '25	$22M	$4M	30.7%	22.2%	6.2%	3.4%	$1M	—	$5M
Dec '24	$19M	$8M	26.6%	19.4%	12.6%	6.6%	$4M	—	$7M
Sep '24	$19M	-$684391	26.4%	15.5%	-1.2%	-0.5%	—	—	$18M
Jun '24	$23M	$5M	29.4%	17.3%	8.3%	3.7%	—	—	$17M
Mar '24	$23M	$3M	24.9%	8.5%	4.8%	1.8%	-$10M	—	$16M
Dec '23	$23M	-$19M	25.7%	9.6%	-37.6%	-14.4%	—	—	$23M
Sep '23	$22M	-$887420	28.7%	12.9%	-1.2%	-0.6%	—	—	$22M
Jun '23	$24M	$2M	29.4%	14.5%	3.3%	1.6%	—	—	$15M
Mar '23	$22M	$1M	24.9%	10.7%	2.0%	0.9%	—	—	$15M
Dec '22	$19M	-$4M	19.9%	-8.9%	-5.8%	-2.5%	—	—	$16M
Sep '22	$22M	$1M	22.1%	9.5%	1.8%	0.8%	—	—	$11M
Jun '22	$21M	$1M	23.5%	10.7%	2.4%	1.0%	—	—	$3M
Mar '22	$29M	$2M	21.7%	11.5%	2.8%	1.1%	—	$10M	$7M
Dec '21	$23M	$327909	16.1%	-0.5%	0.5%	0.2%	—	$9M	$11M
Sep '21	$23M	$1M	22.1%	8.9%	1.7%	0.7%	—	$9M	$9M

Valuation over time

How the market has priced GTEC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 51.5× (Mar '23) to 4.8× (Sep '26).
The price-to-sales ratio has fallen from 0.4× (Mar '23) to 0.3× (Sep '26).
The dividend yield has risen from 0.9% (Jan '24) to 9.5% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is GTEC growing its revenue and profit?

Over the past 5 years, Greenland Technologies Holding Corp.'s revenue has grown 6.3% per year, and net income declined 6.1% per year. These are computed facts, not advice.

How much debt does GTEC have?

As of FY2025, Greenland Technologies Holding Corp. reported — of total debt against $8M of cash; operating income covered interest expense 67×.

What is GTEC's profit margin?

In FY2025, gross margin was 31.4%, operating margin 8.3%, and net margin 5.4%.

What is GTEC's P/E ratio?

As of Sep '26, Greenland Technologies Holding Corp. traded at a price-to-earnings ratio of about 4.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.