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 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
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
FCF
Total debt
Cash
2025
$91M
$5M
31.4%
8.3%
$15M
—
$8M
2024
$84M
$14M
26.8%
15.0%
$11M
—
$7M
2023
$90M
-$16M
27.2%
11.9%
$2M
—
$23M
2022
$91M
$745553
21.8%
6.6%
—
—
$16M
2021
$99M
$6M
19.8%
8.3%
—
$9M
$11M
2020
$67M
$7M
19.2%
10.0%
—
$19M
$7M
2019
$52M
$4M
23.6%
12.6%
$7M
$21M
$2M
2018
$60M
$7M
23.4%
14.4%
-$4M
—
$6M
2018
—
-$66784
—
—
—
—
$644700
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$26M
$5M
34.3%
22.4%
-$1M
—
$10M
Dec '25
$24M
-$2M
35.4%
-0.1%
$8M
—
$8M
Sep '25
$23M
$6M
32.4%
21.6%
—
—
$4M
Jun '25
$22M
-$3M
26.5%
-10.7%
—
—
$5M
Mar '25
$22M
$4M
30.7%
22.2%
$1M
—
$5M
Dec '24
$19M
$8M
26.6%
19.4%
$4M
—
$7M
Sep '24
$19M
-$684391
26.4%
15.5%
—
—
$18M
Jun '24
$23M
$5M
29.4%
17.3%
—
—
$17M
Mar '24
$23M
$3M
24.9%
8.5%
-$10M
—
$16M
Dec '23
$23M
-$19M
25.7%
9.6%
—
—
$23M
Sep '23
$22M
-$887420
28.7%
12.9%
—
—
$22M
Jun '23
$24M
$2M
29.4%
14.5%
—
—
$15M
Mar '23
$22M
$1M
24.9%
10.7%
—
—
$15M
Dec '22
$19M
-$4M
19.9%
-8.9%
—
—
$16M
Sep '22
$22M
$1M
22.1%
9.5%
—
—
$11M
Jun '22
$21M
$1M
23.5%
10.7%
—
—
$3M
Mar '22
$29M
$2M
21.7%
11.5%
—
$10M
$7M
Dec '21
$23M
$327909
16.1%
-0.5%
—
$9M
$11M
Sep '21
$23M
$1M
22.1%
8.9%
—
$9M
$9M
Jun '21
$28M
$3M
20.2%
12.2%
—
$12M
$11M
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 43.8× (Mar '23) to 2.4× (Jun '26).
The price-to-sales ratio has fallen from 0.4× (Mar '23) to 0.1× (Jun '26).
The dividend yield has risen from 1.0% (Jan '24) to 19.2% (Jun '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 Jun '26, Greenland Technologies Holding Corp. traded at a price-to-earnings ratio of about 2.4× (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.