Greenland Technologies/GTEC

$1.43

-2.72%
-
1D1W1MYTD1YMAX

About Greenland Technologies

Greenland Technologies Holding Corporation is a developer and a manufacturer of drivetrain systems for material handling machineries and electric vehicles, as well as electric industrial vehicles. Through its subsidiaries, the Company offers transmission products, which are key components for forklift trucks used in manufacturing and logistic applications, such as factories, workshops, warehouses, fulfilment centers, shipyards, and seaports. It provides transmission systems and integrated powertrains for material handling machineries, particularly for electric forklift trucks. The range of the transmission systems covers machineries from one ton to 15 tons. It designs and develops powertrains, which integrates electric motor, speed reduction gearbox, and driving axles into a combined integral module. Through its subsidiary, HEVI Corp. (HEVI), the Company offers all-electric clean and sustainable alternatives to heavy-emission systems in the industrial heavy equipment industry.

Ticker

GTEC

Sector

Consumer Cyclicals

Trading on

NASDAQ

Industry

Auto & Truck Parts

CEO

Raymond Wang

Employees

325

Headquarters

East windsor, United States

GTEC Metrics

BasicAdvanced
$20M
Market cap
-
P/E ratio
-$1.15
EPS
1.41
Beta
-
Dividend rate
$20M
1.4065
$5.25
$1.43
38K
1.295
0.985
79.767
4.24%
-16.12%
-23.76%
-35.5%
0.22
0.385
0.386
8.65%
-2,553.68%
10.55%

What the Analysts think about GTEC

Analyst Ratings

Majority rating from 2 analysts.
Buy

Price Targets

Average projection from 2 analysts.
564.34% upside
High $13.00
Low $6.00
$1.43
Current price
$9.50
Average price target

GTEC Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
11.01% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$23M
0%
Net income
$2.5M
-113.3%
Profit margin
11.01%
-113.3%

GTEC Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 500%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.18
-$0.07
$1.39
$0.18
-
Expected
$0.04
$0.06
$0.07
$0.03
$0.03
Surprise
414.29%
-227.27%
2,038.46%
500%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Greenland Technologies stock?

Greenland Technologies (GTEC) has a market cap of $20M as of May 30, 2024.

What is the P/E ratio for Greenland Technologies stock?

The price to earnings (P/E) ratio for Greenland Technologies (GTEC) stock is 0 as of May 30, 2024.

Does Greenland Technologies stock pay dividends?

No, Greenland Technologies (GTEC) stock does not pay dividends to its shareholders as of May 30, 2024.

When is the next Greenland Technologies dividend payment date?

Greenland Technologies (GTEC) stock does not pay dividends to its shareholders.

What is the beta indicator for Greenland Technologies?

Greenland Technologies (GTEC) has a beta rating of 1.41. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Greenland Technologies stock price target?

The target price for Greenland Technologies (GTEC) stock is $9.5, which is 564.34% above the current price of $1.43. This is an average based on projections from 2 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Greenland Technologies stock

Buy or sell Greenland Technologies stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing