Greenland Technologies Holding Corp. (GTEC)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Revenues | 21,719,786 | 21,677,564 | 18,834,093 | 23,017,260 |
| Cost of goods sold | 15,969,005 | 15,016,614 | 13,868,406 | 16,243,205 |
| Gross profit | 5,750,781 | 6,660,950 | 4,965,687 | 6,774,055 |
| Selling expenses | 1,003,766 | 331,809 | 397,444 | 465,146 |
| Research and development expenses | 443,720 | 81,457 | 437,978 | 1,123,063 |
| General and administrative expenses | 6,626,542 | 1,438,988 | 1,202,242 | 1,199,492 |
| Total operating expenses | 8,074,028 | 1,852,254 | 2,037,664 | 2,787,701 |
| Loss (income) from operations | -2,323,247 | 4,808,696 | 2,928,023 | 3,986,354 |
| Interest income | 170,917 | 141,040 | 237,333 | 215,732 |
| Interest expense | - | - | 9,477 | 36,008 |
| Property, plant and equipment written off | - | - | - | 556 |
| Change in fair value of the warrant liability | -81,739 | -209,294 | 2,661,012 | - |
| Other income | 159,739 | 282,081 | 208,676 | 518,333 |
| Gain (loss) on derivative instruments, net, pretax | - | - | - | 1,869,018 |
| Loss (income) before income tax | -1,910,852 | 5,441,111 | 703,543 | 6,553,985 |
| Income tax expense | 848,920 | 878,275 | 344,250 | 680,801 |
| Net loss (income) | -2,759,772 | 4,562,836 | 359,293 | 5,873,184 |
| Less net income attributable to noncontrolling interest | 465,496 | 559,053 | 1,043,684 | 1,222,274 |
| Net loss (income) attributable to greenland technologies holding corporation and subsidiaries | -3,225,268 | 4,003,783 | -684,391 | 4,650,910 |
| Basic (in dollars per share) | -0.2 | 0.29 | -0.05 | 0.34 |
| Diluted (in dollars per share) | -0.2 | 0.29 | -0.05 | 0.34 |
| Weighted average ordinary shares outstanding (in shares) | 16,099,824 | 13,594,530 | 13,594,530 | 13,594,530 |
| Weighted average shares used in diluted computation | 16,099,824 | 13,594,530 | 13,594,530 | 13,594,530 |