Greenland Technologies Holding Corporation (GTEC)

NASDAQ: GTEC · IEX Real-Time Price · USD
2.18
+0.01 (0.46%)
Dec 2, 2022 3:53 PM EST - Market closed
0.46%
Market Cap 27.30M
Revenue (ttm) 94.64M
Net Income (ttm) 4.88M
Shares Out 12.22M
EPS (ttm) 0.39
PE Ratio 5.59
Forward PE 3.04
Dividend n/a
Ex-Dividend Date n/a
Volume 11,662
Open 2.15
Previous Close 2.17
Day's Range 2.14 - 2.3
52-Week Range 1.9 - 7.79
Beta 2.04
Analysts Buy
Price Target 12.24 (+461.5%)
Earnings Date Nov 9, 2022

About GTEC

Greenland Technologies Holding Corporation develops, manufactures, and sells transmission products for material handling machineries in the People's Republic of China. The company offers transmission products for forklift trucks that are used in manufacturing and logistic applications, such as factories, workshops, warehouses, fulfillment centers, shipyards, and seaports. It is also involved developing powertrains, as well as electrical industrial vehicles. The company was founded in 2006 and is headquartered in East Windsor, New Jersey. [Read more]

Industry Machinery
Founded 2006
Employees 328
Stock Exchange NASDAQ
Ticker Symbol GTEC
Full Company Profile

Financial Performance

In 2021, GTEC's revenue was $98.84 million, an increase of 47.82% compared to the previous year's $66.86 million. Earnings were $6.27 million, a decrease of -7.29%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for GTEC stock is "Buy." The 12-month stock price forecast is 12.24, which is an increase of 461.47% from the latest price.

Price Target
$12.24
(461.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Greenland to Present at Sequire Technology Investor Conference

EAST WINDSOR, N.J. , Nov. 28, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industria...

5 days ago - PRNewsWire

Greenland Technologies Holding Corporation (GTEC) Q3 Earnings and Revenues Lag Estimates

Greenland Technologies Holding Corporation (GTEC) delivered earnings and revenue surprises of -23.08% and 23.55%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what li...

3 weeks ago - Zacks Investment Research

Greenland Technologies Reports Third Quarter 2022 Unaudited Financial Results

- 3Q22 Net Income Increases 67% Compared to 3Q21 EAST WINDSOR, N.J. , Nov. 9, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a technology ...

Other symbols: CYN
3 weeks ago - PRNewsWire

Greenland Technologies to Report Third Quarter 2022 Unaudited Financial Results on Wednesday, November 9, 2022

EAST WINDSOR, N.J. , Nov. 1, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced that it will hold a conference call on Wednesda...

1 month ago - PRNewsWire

Greenland Technologies Selects Cyngn's Infinitracker for its HEVI Electric Industrial Vehicles

EAST WINDSOR, N.J. , Oct. 20, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced it has selected Cyngn Inc. ("Cyngn") (Nasdaq: ...

Other symbols: CYN
1 month ago - PRNewsWire

Should Value Investors Buy Greenland Technologies (GTEC) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 month ago - Zacks Investment Research

Are Investors Undervaluing Greenland Technologies (GTEC) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 months ago - Zacks Investment Research

Greenland Technologies Holding Corporation (GTEC) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

Greenland Technologies Holding Corporation (GTEC) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart patte...

2 months ago - Zacks Investment Research

Greenland Technologies Reports Second Quarter and First Half 2022 Unaudited Financial Results

2Q22 Gross Margin Rises 330 Basis Points Year over Year 1H22 Gross Margin Rises 200 Basis Points Year over Year EAST WINDSOR, N.J. , Aug. 12, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporat...

3 months ago - PRNewsWire

Greenland Technologies to Report Second Quarter and First Half 2022 Unaudited Financial Results on Friday, August 12,...

EAST WINDSOR, N.J. , Aug. 10, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced that it will hold a conference call on Friday,...

3 months ago - PRNewsWire

Greenland Technologies to Present at 2022 J.P. Morgan Auto Conference

EAST WINDSOR, N.J., Aug. 4, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced it is scheduled to meet with institutional inves...

3 months ago - PRNewsWire

Greenland Technologies Holding Corporation Featured in Syndicated Broadcast Covering Launch of Lithium Powered GEL-50...

LOS ANGELES, July 29, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Greenland Technologies Holding Corporation (NASDAQ: GTEC), a technology developer and manufacturer of electric industrial vehicles and ...

4 months ago - GlobeNewsWire

Greenland Technologies Holding Corporation Announces Closing of $10 Million Registered Direct and Private Placement O...

EAST WINDSOR, N.J. , July 27, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation ("GTEC" or the "Company") (Nasdaq: GTEC), a technology developer and manufacturer of electric industrial veh...

4 months ago - PRNewsWire

Greenland Technologies Holding Corporation Announces $10.0 Million Registered Direct and Private Placement

EAST WINDSOR, N.J. , July 25, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation ("GTEC" or the "Company") (Nasdaq: GTEC), a technology developer and manufacturer of electric industrial veh...

4 months ago - PRNewsWire

Greenland Launches Lithium Powered GEL-5000 Electric Front Loader

EAST WINDSOR, N.J. , July 20, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced availability of its latest electric industrial...

4 months ago - PRNewsWire

Is Greenland Technologies (GTEC) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

5 months ago - Zacks Investment Research

Is Greenland Technologies (GTEC) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

5 months ago - Zacks Investment Research

Greenland Technologies to Present at Credit Suisse's 2022 Mobility Forum

EAST WINDSOR, N.J. , June 8, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced it is scheduled to meet with institutional inve...

5 months ago - PRNewsWire

Greenland Technologies to Present at H.C. Wainwright Global Investment Conference

EAST WINDSOR, N.J. , May 18, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial...

6 months ago - PRNewsWire

Greenland Technologies Applauds Passage of Maryland's Clean Cars Act of 2022

BALTIMORE , May 17, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles...

6 months ago - PRNewsWire

GREENLAND TECHNOLOGIES SELECTS BALTIMORE COUNTY FOR MANUFACTURING EXPANSION

BALTIMORE, May 16, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles ...

6 months ago - PRNewsWire

Greenland Technologies Reports Record First Quarter 2022 Revenue

19% Increase in 1Q22 Revenue to Record $29.3 Million Compared to 1Q21 19% Increase in 1Q22 Net Income to $2.9 Million Compared to 1Q21 Cash Balance Rises 30% to $13.2 Million EAST WINDSOR, N.J., May 16,...

6 months ago - PRNewsWire

Greenland Launches New HEVI Equipment Brand

EAST WINDSOR, N.J. , May 12, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial...

6 months ago - PRNewsWire

Greenland Technologies to Report First Quarter 2022 Unaudited Financial Results on Monday, May 16, 2022

EAST WINDSOR, N.J. , May 11, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland"), a technology developer and manufacturer of electric industrial vehicles and dri...

6 months ago - PRNewsWire

Greenland Technologies Reports Fourth Quarter and Full Year 2021 Unaudited Financial Results

-          48% Increase in FY21 Revenue to $98.8 Million Compared to FY20 -          14% Increase in FY21 Net Income to $7.3 Million Compared to FY20 -          Cash Balance Nearly Doubles to $17.8 Mill...

8 months ago - PRNewsWire