Greenland Acquisition Corp (GTEC) - Total Assets
Based on the latest financial reports, Greenland Acquisition Corp (GTEC) holds total assets worth $123.43 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Greenland Acquisition Corp (GTEC) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Greenland Acquisition Corp - Total Assets Trend (2017–2024)
This chart illustrates how Greenland Acquisition Corp's total assets have evolved over time, based on quarterly financial data. See Greenland Acquisition Corp net assets for net asset value and shareholders' equity analysis.
Greenland Acquisition Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Greenland Acquisition Corp's total assets of $123.43 Million consist of 80.2% current assets and 19.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.8% |
| Accounts Receivable | $38.77 Million | 33.5% |
| Inventory | $23.38 Million | 20.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.36 Million | 2.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Greenland Acquisition Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Greenland Acquisition Corp market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Greenland Acquisition Corp's current assets represent 80.2% of total assets in 2024, an increase from 46.0% in 2017.
- Cash Position: Cash and equivalents constituted 5.8% of total assets in 2024, up from 1.2% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 33.5% of total assets.
Greenland Acquisition Corp Competitors by Total Assets
Key competitors of Greenland Acquisition Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bridgestone Corporation
F:BGTA
|
Germany | €5.75 Trillion |
|
Autoliv Inc
ST:ALIV-SDB
|
Sweden | Skr8.52 Billion |
|
Autoliv Inc.
F:LIV
|
Germany | €8.47 Billion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Yapp Automotive Systems Co Ltd
SHG:603013
|
China | CN¥7.57 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥35.31 Billion |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
|
China | CN¥8.27 Billion |
Greenland Acquisition Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.93 | 1.68 | 1.37 |
| Quick Ratio | 1.44 | 1.31 | 1.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $47.81 Million | $40.49 Million | $28.84 Million |
Greenland Acquisition Corp - Advanced Valuation Insights
This section examines the relationship between Greenland Acquisition Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.25 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -11.4% |
| Total Assets | $115.58 Million |
| Market Capitalization | $9.04 Million USD |
Valuation Analysis
Below Book Valuation: The market values Greenland Acquisition Corp's assets below their book value (0.08x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Greenland Acquisition Corp's assets decreased by 11.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Greenland Acquisition Corp (2017–2024)
The table below shows the annual total assets of Greenland Acquisition Corp from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $115.58 Million | -11.42% |
| 2023-12-31 | $130.48 Million | -15.88% |
| 2022-12-31 | $155.12 Million | -4.58% |
| 2021-12-31 | $162.57 Million | +23.18% |
| 2020-12-31 | $131.98 Million | +23.94% |
| 2019-12-31 | $106.48 Million | -4.43% |
| 2018-12-31 | $111.41 Million | +147.39% |
| 2018-11-30 | $45.04 Million | -58.47% |
| 2017-12-31 | $108.46 Million | -- |
About Greenland Acquisition Corp
Greenland Technologies Holding Corporation designs, develops, manufactures, and sells components and products for material handling industries worldwide. The company offers transmission products, such as transmission systems and integrated powertrain primarily for electric forklift trucks; electric industrial heavy equipment, including electric wheeled front loader, electric excavator, and electr… Read more