Greenland Technologies Holding Corporation (GTEC)

USD 2.01

(-2.43%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 90.33 Million 90.83 Million 98.83 Million 66.86 Million 52.4 Million 60.21 Million
Cost of Revenue 65.75 Million 70.99 Million 79.24 Million 54.05 Million 40.02 Million 46.13 Million
Gross Profit 24.57 Million 19.83 Million 19.59 Million 12.81 Million 12.37 Million 14.07 Million
Operating Expenses 13.79 Million 13.87 Million 11.34 Million 6.1 Million 5.77 Million 5.37 Million
Selling, General and Administrative Expenses 8.37 Million 8.08 Million 5.81 Million 3.71 Million 3.41 Million 2.86 Million
Research and Development Expenses 5.42 Million 5.78 Million 5.52 Million 2.38 Million 2.35 Million 2.51 Million
Other Expenses - 1.7 Million 1.37 Million 1 Million 720.61 Thousand 576.63 Thousand
Cost and Expenses 79.55 Million 84.87 Million 90.58 Million 60.15 Million 45.79 Million 51.51 Million
Operating Income 10.77 Million 5.95 Million 8.25 Million 6.7 Million 6.6 Million 8.69 Million
Interest Expense 250.41 Thousand 402.96 Thousand 587.26 Thousand 930.63 Thousand 1.28 Million 1.55 Million
Income Tax Expense 1.7 Million 699.69 Thousand 1.84 Million 2.27 Million 847.36 Thousand 1.39 Million
Earnings before Tax -23.3 Million 7.31 Million 9.11 Million 8.64 Million 5.93 Million 8.01 Million
Net Income -15.87 Million 6.61 Million 6.26 Million 6.75 Million 4.46 Million 5.95 Million
Earnings Per Share Basic -1.20 0.56 0.58 0.67 0.56 0.79
Earnings Per Share Diluted -1.20 0.56 0.58 0.67 0.56 0.79
Weighted Average Shares Outstanding 13.22 Million 11.88 Million 10.84 Million 10.03 Million 7.93 Million 7.5 Million
Weighted Average Shares Outstanding (Diluted) 13.22 Million 11.88 Million 10.84 Million 10.03 Million 7.93 Million 7.5 Million
Gross Margin 0.27 0.22 0.20 0.19 0.24 0.23
EBIT Margin -0.23 0.11 0.12 0.15 0.19 0.19
Profit Margin -0.18 0.07 0.06 0.10 0.09 0.10
EBITDA -20.86 Million 8.39 Million 10.76 Million 9.14 Million 8.9 Million 10.27 Million
Earnings Before Tax Margin 0.12 0.07 0.08 0.10 0.13 0.14

Income Statement Charts