Greenland Technologies Holding CorpGTEC
GTEC
About: Greenland Technologies Holding Corp is a developer of innovative and quality solutions in the material handling industry. It is a transmission and drivetrain systems provider for material handling equipment such as forklift trucks for industrial and logistic applications. Geographically, the company has its presence in Domestic and International markets and earns majority of the revenue from Domestic Sales.
Employees: 325
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
82% more capital invested
Capital invested by funds: $1.11M [Q2] → $2.03M (+$915K) [Q3]
17% more funds holding
Funds holding: 12 [Q2] → 14 (+2) [Q3]
0.2% more ownership
Funds ownership: 5.83% [Q2] → 6.03% (+0.2%) [Q3]
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Research analyst outlook
We haven’t received any recent analyst ratings for GTEC.
Financial journalist opinion
Positive
Zacks Investment Research
1 month ago
Greenland Technologies Holding Corporation (GTEC) Q3 Earnings Beat Estimates
Greenland Technologies Holding Corporation (GTEC) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to loss of $0.07 per share a year ago.
Neutral
PRNewsWire
1 month ago
Greenland Reports 75.3% Increase in Net Income for First Nine Months of 2024
Revenue for the First Nine Months of 2024 of $64.57 Million, Decreases Slightly from $67.56 Million in First Nine Months of 2023 Operating Expenses Decrease 15.6% for the First Nine Months of 2024 Compared to the First Nine Months of 2023 Strong Balance Sheet with Cash and Restricted Cash Balance of $20.72 Million After Repaying $9.25 Million in Loans Continues to Execute on Growth Strategy with Significant Expansion of Product Roadmap and Strategic Partner Distribution, Sales and Support Ecosystem EAST WINDSOR, N.J. , Nov. 14, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland," "we," "our," "us," or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced its unaudited financial results for the nine months and third quarter ended September 30, 2024, with net income for the first nine months of 2024 increasing 75.3% compared to the first nine months of 2023.
Positive
Zacks Investment Research
1 month ago
New Strong Buy Stocks for October 29th
GTEC, IAG, AACAY, MATX and CURV have been added to the Zacks Rank #1 (Strong Buy) List on October 29, 2024.
Positive
Zacks Investment Research
1 month ago
New Strong Buy Stocks for October 23rd
RENT, DSGR, PTON, ENLV and GTEC have been added to the Zacks Rank #1 (Strong Buy) List on October 23, 2024.
Positive
Zacks Investment Research
1 month ago
Best Value Stocks to Buy for October 23rd
GTEC, RUSHA and SKWD made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 23, 2024.
Neutral
PRNewsWire
2 months ago
HEVI Announces Transition to a More Aggressive Dealer Model to Meet Strong Customer Demand for its Electric Industrial Equipment
EAST WINDSOR, N.J., Oct. 1, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today announced its transition to a more aggressive dealer model to meet strong customer demand for its expanded line of electric industrial equipment.
Positive
Zacks Investment Research
3 months ago
Greenland Technologies (GTEC) Is Attractively Priced Despite Fast-paced Momentum
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Greenland Technologies (GTEC) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Neutral
PRNewsWire
3 months ago
HEVI Unveils North America's Largest All-Electric Wheel Loader: Game-Changing H65L Delivers Zero Emissions, Lower Costs, and Uncompromised Performance
EAST WINDSOR, N.J., Aug. 28, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today unveiled its game changing all electric vehicle, model H65L.
Neutral
PRNewsWire
3 months ago
HEVI Launches H55L Electric Front Wheel Loader; Newest Model Expected to Save Customers by Materially Reducing Diesel and Planned Maintenance Expenses
EAST WINDSOR, N.J. , Aug. 27, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today announced the further expansion of its growing industrial electric vehicle portfolio with the launch of its newest model, the H55L front wheel loader.
Neutral
PRNewsWire
4 months ago
Greenland Reports 99.7% YoY Increase in 2Q 2024 Net Income
Drives Gross Margin Stability and Expense Reductions Introduces Incentives to Accelerate Electric Industrial Vehicle Purchases Terminates Planned Spin off its Drivetrain Systems Segment EAST WINDSOR, N.J. , Aug. 15, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced its unaudited financial results for the second quarter and six months ended June 30, 2024.
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