Greenland Technologies Holding (GTEC) AI Stock Analysis

• Market Cap: $21.34M
• Dividend Yield: N/A
• Average Volume (3M): 3.20M
• Price to Earnings (P/E): 1.5
• Beta (1Y): 1.85
• Revenue Growth: -7.07%
• EPS Growth: N/A
• Country: US
• Employees: 325
• Sector: Industrials
• Sector Strength: 69
• Industry: Industrial - Machinery
• EPS (TTM): 1.03
• Shares Outstanding: 13,594,530
• 10 Day Avg. Volume: 358,378
• 30 Day Avg. Volume: 3,196,879
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.20
• Price to Cash Flow (P/CF): 0.70
• P/FCF Ratio: 0.70
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Greenland Technologies Holding shows potential with its strong financial recovery, improved profitability, and low valuation. However, the technical analysis indicates a cautious approach due to bearish momentum signals. While the stock might be undervalued, the ongoing revenue decline and asset reduction are key risks that need addressing for sustained growth. Overall, the stock presents a mixed opportunity with significant potential if the company can address its growth challenges.

Greenland Technologies Holding Business Overview & Revenue Model

Company Description

Greenland Technologies Holding (GTEC) is a leading developer and manufacturer specializing in the industrial machinery sector, with a focus on the production of electric industrial vehicles and drivetrain systems. The company is committed to advancing the electrification of industrial equipment, offering a range of innovative products including electric forklifts and other industrial vehicles. GTEC operates at the forefront of the transition towards sustainable and efficient industrial operations, leveraging cutting-edge technology to enhance productivity and reduce environmental impact.

How the Company Makes Money

Greenland Technologies Holding generates revenue primarily through the sale of its electric industrial vehicles and drivetrain systems. The company's key revenue streams include the manufacturing and sale of electric forklifts and other industrial machinery, which are designed to meet the growing demand for environmentally friendly and efficient industrial solutions. GTEC's earnings are bolstered by strategic partnerships with distributors and industrial operators who integrate their products into various applications across different sectors. Additionally, the company invests in research and development to continuously innovate and expand its product offerings, ensuring a competitive edge in the industrial machinery market. Significant factors contributing to GTEC's earnings include the increasing global shift towards electrification and sustainable industrial practices, which drive demand for its cutting-edge products.

Greenland Technologies Holding Financial Statement Overview

Summary

Greenland Technologies Holding shows promising signs of financial recovery with improved profitability and cash flow, despite a recent dip in revenue. The company's debt management has improved, with a lower debt-to-equity ratio, enhancing financial stability. However, continued revenue decline and asset reduction are areas of concern that need to be addressed for sustained growth. Overall, the company is on a positive trajectory with strong profitability and liquidity, but there remain challenges in growth and asset management.

Income Statement

Greenland Technologies Holding has displayed fluctuating revenue trends with a recent decline in total revenue from the previous year. The company has managed to achieve a strong gross profit margin of 26.8% in the latest period. However, the net profit margin turned positive at 16.8% after a negative margin in the previous year, indicating improved profitability. The EBIT margin is solid at 15.0%, reflecting effective cost management. Despite the recent revenue decline, profitability has improved, which is a positive indicator.

Balance Sheet

The company's balance sheet reflects a mixed picture. The debt-to-equity ratio has improved, now standing at 0.33, indicating a lower reliance on debt relative to equity. However, this is partially due to a significant decrease in total debt. The return on equity is strong at 23.4%, suggesting effective utilization of shareholder funds. The equity ratio of 50.7% indicates a balanced financial structure. The stability of equity and lower leverage are strengths, but the decrease in total assets is a concern.

Cash Flow

Cash flow from operations has significantly improved, with a free cash flow that grew robustly. The operating cash flow to net income ratio of 0.95 indicates strong cash generation relative to net earnings. The free cash flow to net income ratio is also robust at 0.95, highlighting efficient cash management. Despite the previous volatility, the current cash flow metrics suggest a healthier liquidity position.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
87.35M	83.94M	90.33M	90.83M	98.84M	66.86M
	Gross Profit
22.86M	22.53M	24.58M	19.83M	19.59M	12.81M
	EBIT
-23.43M	12.59M	10.78M	5.96M	8.25M	6.71M
	EBITDA
-21.52M	12.59M	-20.87M	8.39M	10.76M	9.14M
	Net Income Common Stockholders
-12.37M	14.07M	-15.88M	6.62M	6.27M	6.76M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
25.00K	0.00	25.80M	24.10M	13.17M	7.16M
	Total Assets
99.00K	0.00	130.48M	155.12M	162.57M	131.98M
	Total Debt
75.59K	19.88M	41.93M	41.60M	54.97M	53.13M
	Net Debt
50.59K	19.88M	18.95M	25.30M	43.91M	45.97M
	Total Liabilities
75.59K	62.31M	79.82M	70.20M	87.72M	81.32M
	Stockholders Equity
23.41K	60.21M	50.08M	71.20M	62.28M	44.89M
Cash Flow		Free Cash Flow
10.85M	13.34M	1.71M	6.79M	-6.65M	1.61M
	Operating Cash Flow
10.99M	13.34M	2.45M	7.31M	-5.76M	2.70M
	Investing Cash Flow
-2.26M	0.00	1.07M	33.69K	-638.98K	-822.77K
	Financing Cash Flow
-12.91M	0.00	2.87M	-4.28M	14.46M	2.31M

Greenland Technologies Holding Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.57
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GTEC, the sentiment is Negative. The current price of 1.57 is above the 20-day moving average (MA) of 1.56, below the 50-day MA of 1.72, and below the 200-day MA of 1.99, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 47.99 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GTEC.

Greenland Technologies Holding Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GTEC	64 Neutral	$21.34M	1.52	25.51%	―	-7.07%	―
Sector *	62 Neutral	$7.62B	13.01	3.19%	3.32%	3.77%	-14.28%
KNDI	48 Neutral	$104.83M	―	-1.59%	―	-11.61%	-22.20%
GOEVQ	40 Underperform	$2.00M	―	-72.67%	―	258.96%	82.54%
WKHS	38 Underperform	$6.41M	―	-159.80%	―	-49.47%	54.99%
HYLN	37 Underperform	$226.05M	―	-18.90%	―	124.55%	56.35%
AYRO	31 Underperform	$4.06M	―	-9.34%	―	-87.22%	77.29%