Greenland Technologies Holding Corporation balance sheet GTEC

Annual Quarterly

As of Jun 30, 2026, Greenland Technologies Holding Corporation had total assets of $147.5 million and total liabilities of $64.6 million. Total assets were up 19.4% from a year earlier. Stockholders' equity was $88.7 million. Cash and investments were $32.3 million. The current ratio, current assets divided by current liabilities, was 1.97.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the same quarter a year earlier.

Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Q2 FY2025
Jun 30, 2025
Q1 FY2025
Mar 31, 2025
Q4 FY2024
Dec 31, 2024
Q3 FY2024
Sep 30, 2024
Assets
Cash
9
+96.3%
10
+92.3%
8
+16.8%
4
-77.6%
5
-73.3%
5
-66.2%
7
-71.0%
18
-18.1%
Short-term investments
23
+26.0%
21
+41.1%
24
+31.9%
29
+312.5%
19
+236.5%
15
+428.1%
19
+557.7%
7
+60.5%
Cash and investments
32
+39.9%
31
+54.9%
32
+27.9%
33
+33.8%
23
+2.1%
20
+7.4%
25
-2.3%
25
-5.9%
Receivables
30
+37.7%
26
+20.8%
17
+9.2%
22
+6.3%
22
+1.2%
21
+1.3%
16
-4.2%
20
-2.7%
Inventory
25
+1.0%
26
+7.3%
24
+4.3%
24
+9.2%
24
+20.4%
24
-3.2%
23
-5.0%
22
+6.6%
Total current assets
126
+33.0%
113
+20.9%
95
+2.8%
99
-1.2%
95
-7.6%
93
-9.6%
93
-7.2%
100
-27.9%
Property and equipment, net
13
+0.4%
12
-7.9%
12
-9.5%
12
-11.1%
13
13
13
14
+0.7%
Total assets
148
+19.4%
137
+15.1%
116
+0.2%
123
-3.2%
124
-2.5%
119
-14.8%
116
-11.4%
128
-20.0%
Liabilities and equity
Accounts payable
35
+18.2%
34
+14.6%
26
+10.8%
28
+5.0%
30
+19.5%
29
-5.0%
23
-8.6%
26
+2.4%
Total current liabilities
64
+13.4%
57
+1.3%
48
-16.1%
51
-14.3%
56
-12.1%
56
-29.6%
58
-20.7%
60
-15.4%
Total liabilities
65
+7.1%
58
-4.1%
49
-20.6%
54
-19.1%
60
-11.2%
61
-29.5%
62
-21.9%
66
-10.5%
Stockholders' equity
89
+28.2%
84
+30.4%
73
+21.1%
75
+32.0%
69
+23.0%
65
+24.4%
60
+20.2%
57
-22.2%
Debt
Lease liabilities
—
2
-2.8%
—
1
-28.0%
1
-25.7%
2
-23.8%
2
-22.5%
2
-21.2%
Total debt
—
2
-2.8%
—
1
-28.0%
1
-25.7%
2
-84.9%
2
-22.5%
2
-79.5%
Net cash
—
30
+59.7%
—
32
+38.7%
22
+4.7%
19
+119.5%
24
-0.5%
23
+31.3%
Ratios
Current ratio
1.97x
1.99x
1.97x
1.93x
1.68x
1.66x
1.61x
1.68x
Debt to equity
—
0.02x
—
0.02x
0.02x
0.02x
0.03x
0.03x
Debt to EBITDA
—
0.14x
—
0.10x
—
—
0.11x
—
Return on equity
14.26%
7.04%
6.76%
18.71%
11.12%
24.09%
23.36%
-21.65%
Return on assets
8.58%
4.34%
4.26%
11.43%
6.23%
13.12%
12.17%
-9.70%
Book value per share
—
—
4.19
4.34
3.98
4.75
4.43
4.20
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry
General Industrial Machinery & Equipment (SIC 3560)
Listed as
GTEC (Nasdaq)
Fiscal year ends
December 31
Incorporated in
Virgin Islands, British
Headquarters
Hangzhou, Zhejiang
SEC filer status
Non-accelerated filer, Smaller reporting company
SEC CIK
1735041
Former names
Greenland Acquisition Corp. (until Oct 25, 2019)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.