Greenland Technologies Holding (GTEC) AI Stock Analysis

• Market Cap: $19.05M
• Dividend Yield: N/A
• Average Volume (3M): 146.57K
• Price to Earnings (P/E): 1.8
• Beta (1Y): 1.65
• Revenue Growth: -9.69%
• EPS Growth: N/A
• Country: US
• Employees: 345
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Industrial - Machinery
• EPS (TTM): N/A
• Shares Outstanding: 17,394,226
• 10 Day Avg. Volume: 198,030
• 30 Day Avg. Volume: 146,575
• PEG Ratio: -0.01
• Price to Book (P/B): 0.44
• Price to Sales (P/S): 0.31
• P/FCF Ratio: 2.32
• Enterprise Value/Market Cap: 1.35
• Enterprise Value/Revenue: 0.32
• Enterprise Value/Gross Profit: 1.15
• Enterprise Value/Ebitda: 2.24
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: $1.00 ▲(0.00% Upside)

The overall stock score of 60 reflects a mixed outlook for Greenland Technologies Holding. The company's strong balance sheet and undervalued P/E ratio are positive factors, but they are offset by bearish technical indicators and challenges in revenue growth and cash flow generation.

Greenland Technologies Holding Business Overview & Revenue Model

Company Description

Greenland Technologies Holding Corporation develops, manufactures, and sells drivetrain systems for material handling machineries and electric vehicles, and electric industrial vehicles. 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 also develops robotic cargo carriers. The company was founded in 2006 and is based in East Windsor, New Jersey.

How the Company Makes Money

Greenland Technologies generates revenue through the sale of its electric industrial vehicles, with a focus on forklifts and related equipment. The company's revenue model is primarily based on direct sales to businesses in sectors such as logistics, warehousing, and manufacturing. Additionally, GTEC may also earn income through service agreements, maintenance contracts, and parts sales related to its vehicles. Strategic partnerships with other manufacturers and distributors in the electric vehicle space further enhance GTEC's market reach and sales potential. The growing demand for sustainable and efficient industrial solutions contributes significantly to the company's revenue streams.

Greenland Technologies Holding Financial Statement Overview

Summary

Greenland Technologies Holding shows a mixed financial performance. The company maintains healthy profit margins and a strong balance sheet with improved leverage. However, it faces challenges in revenue growth and cash flow generation, with a significant decline in free cash flow growth.

Income Statement

Greenland Technologies Holding shows a mixed performance in its income statement. The TTM (Trailing-Twelve-Months) data indicates a gross profit margin of 27.6%, which is relatively healthy for the industry. However, the net profit margin has decreased to 9.4% from 16.8% in the previous year, indicating a decline in profitability. The revenue growth rate is negative, suggesting a contraction in sales. Despite these challenges, the EBIT and EBITDA margins remain positive, reflecting operational efficiency.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.27 in the TTM, showing improved leverage compared to previous years. The return on equity (ROE) is 12.3%, indicating decent profitability relative to shareholder equity. The equity ratio is not explicitly calculated, but the overall balance sheet suggests a solid equity base relative to total assets.

Cash Flow

Cash flow analysis reveals some concerns, with a significant decline in free cash flow growth (-52.8%) in the TTM. However, the operating cash flow to net income ratio is 0.19, indicating that operating cash flows are covering net income. The free cash flow to net income ratio is above 1, suggesting that the company is generating sufficient free cash flow relative to its net income, despite the recent decline.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	81.60M	83.94M	90.33M	90.83M	98.84M	66.86M
Gross Profit	22.52M	22.53M	24.58M	19.84M	19.59M	12.81M
EBITDA	11.52M	19.00M	-20.87M	7.34M	12.21M	12.01M
Net Income	7.69M	14.07M	-15.88M	745.55K	6.27M	6.76M
Balance Sheet
Total Assets	123.57M	115.58M	130.48M	155.12M	162.57M	131.98M
Cash, Cash Equivalents and Short-Term Investments	23.59M	25.19M	25.80M	24.10M	13.17M	7.16M
Total Debt	18.58M	21.35M	41.93M	41.60M	54.97M	53.13M
Total Liabilities	60.34M	62.31M	79.82M	75.68M	87.72M	81.32M
Stockholders Equity	69.21M	60.21M	50.08M	65.71M	62.28M	44.89M
Cash Flow
Free Cash Flow	11.15M	11.38M	1.71M	6.79M	-6.65M	1.61M
Operating Cash Flow	10.42M	13.34M	2.45M	7.31M	-5.76M	2.70M
Investing Cash Flow	-459.69K	-1.87M	1.07M	33.69K	-638.98K	-822.77K
Financing Cash Flow	-26.27M	-30.90M	2.87M	-4.28M	14.46M	2.31M

Greenland Technologies Holding Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• 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 is below the 20-day moving average (MA) of 1.16, below the 50-day MA of 1.26, and below the 200-day MA of 1.68, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 34.55 is Neutral, neither overbought nor oversold. The STOCH value of 16.85 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
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
GTEC	60 Neutral	$19.05M	1.82	12.26%	―	-9.69%	―
CVV	49 Neutral	$25.19M	―	-1.47%	―	34.35%	93.12%
BWEN	46 Neutral	$49.54M	―	-3.73%	―	-18.38%	-128.11%
JCSE	46 Neutral	$6.36M	-5.94	―	7.56%	-23.37%	-264.09%
CETY	37 Underperform	$6.95M	―	-58.13%	―	-80.89%	50.95%
BURU	35 Underperform	$38.34M	-0.13	―	―	-98.68%	91.24%