GTEC icon

Greenland Technologies Holding Corp

2.27 USD
+0.08
3.65%
At close Jan 17, 4:00 PM EST
After hours
2.28
+0.01
0.44%
1 day
3.65%
5 days
20.11%
1 month
10.19%
3 months
-1.30%
6 months
22.04%
Year to date
15.23%
1 year
-32.64%
5 years
-47.82%
10 years
-76.50%
 

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 6,823 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

Based on 4 articles about GTEC published over the past 30 days

Positive
Zacks Investment Research
4 days ago
All You Need to Know About Greenland Technologies (GTEC) Rating Upgrade to Strong Buy
Greenland Technologies (GTEC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
All You Need to Know About Greenland Technologies (GTEC) Rating Upgrade to Strong Buy
Neutral
CNBC
6 days ago
Trump is fixated on Greenland — a vast Arctic island with massive resource potential
U.S. President-elect Donald Trump's years-long bid to take control of the world's largest island has kicked into overdrive in recent weeks. Ahead of his inauguration on Jan. 20, Trump said U.S. ownership of the autonomous Danish territory is an "absolute necessity" for purposes related to "national security and freedom throughout the world.
Trump is fixated on Greenland — a vast Arctic island with massive resource potential
Negative
Zacks Investment Research
1 week ago
3 Electronics Stocks to Acquire From a Challenging Industry
Electronics stocks like Garmin (GRMN), Greenland Technologies (GTEC) and Kopin (KOPN) are expected to benefit from investments in infrastructure and expanded capacity despite macroeconomic headwinds.
3 Electronics Stocks to Acquire From a Challenging Industry
Negative
CNBC
1 week ago
Why Trump's pursuit of Greenland could be cheered on by Russia
President-elect Donald Trump's ongoing pursuit of Greenland may have raised the hackles of Denmark, but his territorial ambitions might find support in Russia. Prominent Russian pundits reportedly voiced support for the move, saying it would validate Moscow's own expansionist ambitions.
Why Trump's pursuit of Greenland could be cheered on by Russia
Positive
Zacks Investment Research
2 months 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.
Greenland Technologies Holding Corporation (GTEC) Q3 Earnings Beat Estimates
Neutral
PRNewsWire
2 months 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.
Greenland Reports 75.3% Increase in Net Income for First Nine Months of 2024
Positive
Zacks Investment Research
2 months 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.
New Strong Buy Stocks for October 29th
Positive
Zacks Investment Research
2 months 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.
New Strong Buy Stocks for October 23rd
Positive
Zacks Investment Research
2 months 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.
Best Value Stocks to Buy for October 23rd
Neutral
PRNewsWire
3 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.
HEVI Announces Transition to a More Aggressive Dealer Model to Meet Strong Customer Demand for its Electric Industrial Equipment
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