GTEC Greenland Technologies Holding Corp.

Overview and Growth

In fiscal 2025, Greenland Technologies Holding Corp. recorded $90.69M of revenue, net income of $4.93M, and an operating cash inflow of $15.61M. At $90.69M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Compared with $83.94M in fiscal 2024, revenue recorded a 8.0% year-over-year increase. Diluted earnings per share were $0.31, translating the period’s attributable earnings into the amount reported for each diluted share. Against diluted EPS of $1.03 in fiscal 2024, the current result was 69.9% lower. The revenue-to-assets relationship was 0.78x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $28.45M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. The gross-profit relationship equaled 31.4% of revenue, quantifying the portion retained before operating expenses were recognized. Operations produced $7.52M of income after the reported operating expense base, before the remaining non-operating and tax effects. Operating margin measured 8.3%, showing the portion of revenue preserved after the full set of operating costs. The bottom-line result was net income of $4.93M, after the operating, financing, tax, and other items recognized for the period. Measured against reported revenue, net income produced a 5.4% margin after operating costs and the remaining recognized items. Before income taxes, the company reported $12.11M of earnings, providing a bridge between the operating result and final net income. The pretax margin was 13.4%, relating income before taxes directly to revenue. The reported income-tax provision was $3.51M, the amount recognized between pretax income and the final net-income result. The effective relationship between income tax and positive pretax income was 29.0%, without assuming a statutory-rate comparison. Net income equaled 7.4% of period-end equity, showing the earnings generated on shareholders’ book capital. Net income represented 4.3% of period-end assets, placing the company’s bottom-line result against the total resource base employed.

Liquidity and Capital Structure

At period end, the $115.77M asset base was financed through $49.45M of liabilities and $66.32M of equity. The near-term balance sheet paired $95.27M of current assets with $48.30M of current liabilities at the reporting date. At 1.97x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Reported cash and equivalents were $7.78M, separating immediately recognizable cash resources from the rest of the current-asset base. The cash balance equaled 16.1% of current liabilities, showing how much near-term coverage came from cash alone. Liabilities represented 42.7% of total assets, quantifying the liability-funded share of the company’s resource base. Measured against total assets, cash and equivalents represented 6.7%, a balance-sheet composition measure rather than a liquidity forecast. Compared with $115.58M in fiscal 2024, the current asset base moved 0.2% and finished higher. Reported equity changed 24.5% from $53.27M in fiscal 2024, placing the current capital base higher year over year.

Cash Flow and Earnings Quality

The company reported $15.61M of operating cash flow, a cash inflow that shows the cash generated by operations. The operating-cash-flow-to-net-income relationship was 3.17x, comparing cash generated by operations with the bottom-line earnings result. Capital expenditures used $525.72K, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital expenditures represented 3.4% of operating cash flow, leaving the remainder available as free cash flow. The combination of operating cash flow and capital spending produced $15.08M of positive free cash flow for the period. The free-cash-flow margin was 16.6%, measuring cash remaining after capital spending against revenue. Free cash flow equaled 13.0% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.