Greenland Technologies Holding Corp.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $90.7M | $83.9M | $90.3M | $90.8M | $98.8M |
| Cost of revenue | $62.2M | $61.4M | $65.8M | $71.0M | $79.2M |
| Gross profit | $28.4M | $22.5M | $24.6M | $19.8M | $19.6M |
| Research and development | $3.9M | $2.9M | $5.4M | $5.8M | $5.5M |
| Operating expenses | $20.9M | $9.9M | $13.8M | $13.9M | $11.3M |
| Operating income | $7.5M | $12.6M | $10.8M | $6.0M | $8.3M |
| Interest expense | $111,663 | $84,243 | $250,410 | $402,968 | $587,264 |
| Pretax income | $12.1M | $16.7M | -$23.3M | $4.5M | $9.1M |
| Income tax expense | $3.5M | $1.5M | $1.7M | $699,691 | $1.8M |
| Net income | $4.9M | $14.1M | -$15.9M | $745,553 | $6.3M |
| Balance Sheet | |||||
| Cash and equivalents | $7.8M | $6.7M | $23.0M | $16.3M | $11.1M |
| Current assets | $95.3M | $92.6M | $99.8M | $125.9M | $139.3M |
| Total assets | $115.8M | $115.6M | $130.5M | $155.1M | $162.6M |
| Current liabilities | $48.3M | $57.5M | $72.5M | $66.2M | $85.5M |
| Total liabilities | $49.5M | $62.3M | $79.8M | $75.7M | $87.7M |
| Stockholders' equity | $72.9M | $60.2M | $50.1M | $65.7M | $62.3M |
| Cash Flow Statement | |||||
| Cash from operations | $15.6M | $13.3M | $2.4M | $7.3M | -$5.8M |
| Depreciation and amortization | $2.2M | $2.1M | $2.2M | $2.4M | $2.5M |
| Stock-based compensation | $5.5M | — | — | — | — |
| Capital expenditure | $525,718 | $2.0M | $735,498 | — | — |
| Free cash flow | $15.1M | $11.4M | $1.7M | — | — |
| Dividends paid | $2.2M | $5.9M | $703,595 | — | — |
| Impairments | — | — | $300,000 | — | — |
Shares outstanding 20.5M · Free float 35.0%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.