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 Aug 16, 2026, 10:12 UTC 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 56.6× (Mar '23) to 2.7× (Nov '26).
The price-to-sales ratio has fallen from 0.5× (Mar '23) to 0.1× (Nov '26).
The dividend yield has risen from 0.8% (Jan '24) to 16.7% (Nov '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?

Greenland Technologies Holding Corp.'s P/E (TTM) is 1.05 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the GTEC stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 2.7× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.