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Balance Sheets Overview

Current Ratio
198.52%
Quick Ratio
153.36%
Cash Ratio
18.26%
Debt to Asset Ratio
42.54%
Unit: Dollar
Assets Breakdown
    • Less accumulated depreciation
    • Short term investment
    • Cash and cash equivalents
    • Others
Liabilities Breakdown
    • Retained earnings
    • Additional paid-in capital
    • Notes payable-bank acceptance no...
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash and cash equivalents
10,392,136 7,775,330 3,942,129 4,575,645
Restricted cash
215,041 71,540 NaN 496,422
Short term investment
20,831,283 24,454,701 29,098,513 18,522,562
Notes receivable
18,733,369 14,704,079 16,464,334 20,063,499
Accounts receivable, net
25,885,240 17,256,479 21,551,378 22,135,119
Inventories, net
25,703,356 24,377,036 23,860,032 24,391,574
Due from related parties-current
511,400 1,106,417 1,082,594 1,240,189
Advance to suppliers
75,640 80,757 1,523,765 1,526,736
Fixed deposit-current
1,500,264 2,966,386 NaN NaN
Prepayments and other current assets
9,151,451 2,472,387 1,468,681 1,661,988
Total current assets
112,999,180 95,265,112 98,991,426 94,613,734
Total property plant and equipment, at cost
36,387,828 35,723,647 35,026,946 NaN
Less accumulated depreciation
24,641,585 23,834,500 22,743,369 NaN
Property, plant and equipment, net
11,746,243 11,889,147 12,283,577 NaN
Property, plant, equipment and construction in progress, net
NaN 11,889,147 12,283,577 12,580,709
Land use rights, net
NaN 3,325,188 3,287,991 3,288,994
Land use rights, net
3,348,730 NaN 1,241,342 1,413,307
Intangible assets
53,082 68,691 33,803 46,103
Deferred tax assets
452,771 446,613 437,287 434,564
Fixed deposit-non current
7,474,063 4,421,828 6,906,766 11,070,485
Other non-current assets
478,779 355,762 243,077 121,742
Total non-current assets
23,553,668 20,507,229 24,433,843 28,955,904
Total assets
136,552,848 115,772,341 123,425,269 123,569,638
Due to related parties
NaN 5,275,011 NaN NaN
Notes payable-bank acceptance notes
16,440,997 12,759,720 14,295,547 18,044,000
Customer deposits
NaN NaN 297,185 366,106
Other current liabilities
NaN 2,941,871 2,484,741 2,171,137
Due to related parties-Related Party
NaN NaN 3,832,249 3,860,152
Accounts payable
33,565,416 25,604,917 27,657,142 29,631,773
Taxes payables
1,525,716 1,622,509 2,061,033 1,617,568
Contract liabilities
122,775 93,698 NaN NaN
Due to related parties
3,750,588 NaN NaN NaN
Other current liabilities
1,516,342 NaN 549,338 538,232
Total current liabilities
56,921,834 48,297,726 51,177,235 56,228,968
Lease liabilities
NaN NaN 751,953 894,755
Deferred revenue
1,039,241 1,083,784 1,122,256 1,172,549
Warrant liability
123,837 70,910 521,838 2,047,190
Total non-current liabilities
1,163,078 1,154,694 2,396,047 4,114,494
Ordinary shares, no par value, unlimited shares authorized 17,394,226 and 13,594,530 shares issued and outstanding as of june 30, 2025 and december 31, 2024
NaN NaN NaN 0
Total liabilities
58,084,912 49,452,420 53,573,282 60,343,462
Additional paid-in capital
38,602,913 33,017,917 34,423,805 34,423,805
Statutory reserves
3,842,331 3,842,331 3,842,331 3,842,331
Retained earnings
42,534,128 37,533,648 39,113,142 33,380,620
Accumulated other comprehensive loss
-727,302 -1,452,410 -1,958,966 -2,441,342
Total shareholders equity attributed to greenland technologies holding corporation and subsidiaries
84,252,070 72,941,486 75,420,312 69,205,414
Non-controlling interest
-5,784,134 -6,621,565 -5,568,325 -5,979,238
Total shareholders equity
78,467,936 66,319,921 69,851,987 63,226,176
Total liabilities and shareholders equity
136,552,848 115,772,341 123,425,269 123,569,638
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Total property plantand equipment, at...$36,387,828 Accounts receivable, net$25,885,240 Inventories, net$25,703,356 Short term investment$20,831,283 Notes receivable$18,733,369 Cash and cashequivalents$10,392,136 Prepayments and othercurrent assets$9,151,451 Fixeddeposit-current$1,500,264 Due from relatedparties-current$511,400 Restricted cash$215,041 Advance to suppliers$75,640 Property, plant andequipment, net$11,746,243 Fixed deposit-noncurrent$7,474,063 Land use rights, net$3,348,730 Other non-currentassets$478,779 Deferred tax assets$452,771 Intangible assets$53,082 Less accumulateddepreciation$24,641,585 Total current assets$112,999,180 Total non-currentassets$23,553,668 Total assets$136,552,848 Total liabilities andshareholders equity$136,552,848 Total shareholdersequity$78,467,936 Total liabilities$58,084,912 Non-controlling interest-$5,784,134 Total shareholdersequity attributed to...$84,252,070 Total currentliabilities$56,921,834 Total non-currentliabilities$1,163,078 Accumulated othercomprehensive loss-$727,302 Retained earnings$42,534,128 Additional paid-in capital$38,602,913 Statutory reserves$3,842,331 Accounts payable$33,565,416 Notes payable-bankacceptance notes$16,440,997 Due to relatedparties$3,750,588 Taxes payables$1,525,716 Other currentliabilities$1,516,342 Contract liabilities$122,775 Deferred revenue$1,039,241 Warrant liability$123,837

Greenland Technologies Holding Corp. (GTEC)

Greenland Technologies Holding Corp. (GTEC)