Greenland Technologies Holding Corporation Net Assets
Greenland Technologies Holding Corporation net assets. Based on the latest financial reports, Greenland Technologies Holding Corporation (GTEC) has net assets worth $82.89 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($147.53 Million) and total liabilities ($64.63 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Greenland Technologies Holding Corporati equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $82.89 Million |
| % of Total Assets | 56.19% |
| Annual Growth Rate | 8.29% |
| 5-Year Change | -11.39% |
| 10-Year Change | N/A |
| Growth Volatility | 22.42 |
Net Assets of Greenland Technologies Holding Corporation (2017–2025)
Net assets of Greenland Technologies Holding Corporation from 2017 to 2025. This chart illustrates how Greenland Technologies Holding Corporation's net assets have evolved over time, based on quarterly financial data. See Greenland Technologies Holding Corporati (GTEC) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Greenland Technologies Holding Corporation (2017–2025)
The table below shows the annual net assets of Greenland Technologies Holding Corporation from 2017 to 2025. For live market cap and overall valuation, see Greenland Technologies Holding Corporati stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $66.32 Million | +24.50% |
| 2024-12-31 | $53.27 Million | +5.16% |
| 2023-12-31 | $50.65 Million | -36.23% |
| 2022-12-31 | $79.43 Million | +6.13% |
| 2021-12-31 | $74.84 Million | +47.73% |
| 2020-12-31 | $50.66 Million | +7.88% |
| 2019-12-31 | $46.96 Million | +18.47% |
| 2018-12-31 | $39.64 Million | -9.96% |
| 2018-11-30 | $44.03 Million | +25.51% |
| 2017-12-31 | $35.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Greenland Technologies Holding Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 182.0% over the analyzed period, indicating profitable operations and earnings retention.
Greenland Technologies Holding Corporation Net Assets Breakdown (December 2025)
Greenland Technologies Holding Corporation net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $37.53 Million | 51.46% |
| Other Comprehensive Income | $2.39 Million | 3.28% |
| Other Components | $33.02 Million | 45.27% |
| Total Equity | $72.94 Million | 100.00% |
Greenland Technologies Holding Corporation Competitors by Market Cap
The table below lists competitors of Greenland Technologies Holding Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aston Bay Holdings Ltd
V:BAY
|
$10.06 Million |
|
elumeo SE
XETRA:ELB
|
$10.08 Million |
|
Globe Kita Terang Tbk PT
JK:GLOB
|
$10.09 Million |
|
Intanwijaya Internasional Tbk
JK:INCI
|
$10.10 Million |
|
CodeLab Capital A/S
OL:CODE
|
$10.06 Million |
|
Scilex Holding Company
NASDAQ:SCLX
|
$10.06 Million |
|
Eifelhöhen-Klinik AG
F:EIF
|
$10.05 Million |
|
Trencor
JSE:TRE
|
$10.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Greenland Technologies Holding Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 60,207,697 to 72,941,486, a change of 12,733,789 (21.1%).
- Net income of 4,931,543 contributed positively to equity growth.
- Dividend payments of 2,221,760 reduced retained earnings.
- Other comprehensive income increased equity by 2,254,690.
- Other factors increased equity by 7,769,316.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.93 Million | +6.76% |
| Dividends Paid | $2.22 Million | -3.05% |
| Other Comprehensive Income | $2.25 Million | +3.09% |
| Other Changes | $7.77 Million | +10.65% |
| Total Change | $- | 21.15% |
Book Value vs Market Value Analysis
This analysis compares Greenland Technologies Holding Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.11x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $27.18 | $0.49 | x |
| 2018-12-31 | $4.23 | $0.49 | x |
| 2019-12-31 | $5.92 | $0.49 | x |
| 2020-12-31 | $4.47 | $0.49 | x |
| 2021-12-31 | $5.75 | $0.49 | x |
| 2022-12-31 | $5.53 | $0.49 | x |
| 2023-12-31 | $3.79 | $0.49 | x |
| 2024-12-31 | $4.43 | $0.49 | x |
| 2025-12-31 | $4.52 | $0.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Greenland Technologies Holding Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.76%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.44%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.59x
- Recent ROE (6.76%) is above the historical average (4.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -12.01% | -6.65% | 0.45x | 3.99x | $-5.98 Million |
| 2018 | 18.77% | 9.89% | 0.54x | 3.51x | $2.78 Million |
| 2019 | 9.51% | 8.52% | 0.49x | 2.27x | $-231.66K |
| 2020 | 15.06% | 10.11% | 0.51x | 2.94x | $2.27 Million |
| 2021 | 10.06% | 6.34% | 0.61x | 2.61x | $37.10K |
| 2022 | 1.13% | 0.82% | 0.59x | 2.36x | $-5.83 Million |
| 2023 | -31.71% | -17.58% | 0.69x | 2.61x | $-20.89 Million |
| 2024 | 23.36% | 16.76% | 0.73x | 1.92x | $8.05 Million |
| 2025 | 6.76% | 5.44% | 0.78x | 1.59x | $-2.36 Million |
Industry Comparison
This section compares Greenland Technologies Holding Corporation's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $1,636,481,406
- Average return on equity (ROE) among peers: 21.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Greenland Technologies Holding Corporation (GTEC) | $82.89 Million | -12.01% | 0.78x | $10.06 Million |
| Advance Auto Parts Inc (AAP) | $2.00 Billion | 24.66% | 2.98x | $2.74 Billion |
| Adient PLC (ADNT) | $4.38 Billion | -35.04% | 1.98x | $1.27 Billion |
| Allison Transmission Holdings Inc (ALSN) | $659.00 Million | 96.97% | 5.43x | $9.60 Billion |
| Autoliv Inc (ALV) | $2.57 Billion | 18.99% | 2.24x | $8.67 Billion |
| Aptiv PLC (APTV) | $2.73 Billion | 53.06% | 3.38x | $8.05 Billion |
| Aspire BioPharma, Inc. (ASBP) | $19.58 Million | 22.80% | 0.02x | $11.80 Million |
| Atmus Filtration Technologies Inc. (ATMU) | $437.20 Million | 38.91% | 0.94x | $4.49 Billion |
| American Axle & Manufacturing (AXL) | $813.70 Million | -27.34% | 2.19x | $1.36 Billion |
| AutoZone Inc (AZO) | $-877.98 Million | 0.00% | 0.00x | $47.07 Billion |
| BorgWarner Inc (BWA) | $3.63 Billion | 17.19% | 0.90x | $10.44 Billion |
About Greenland Technologies Holding Corporation
Greenland Technologies Holding Corporation designs, develops, manufactures, and sells components and products for material handling industries in the United States and internationally. The company provides transmission products, such as transmission systems and integrated powertrains primarily for electric forklift trucks; electric industrial heavy machinery, including electric wheeled front load… Read more