Greenland Technologies Holding Corporation (GTEC) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 25.54M | 23.9M | 23.4M | 21.72M | 21.68M | 19.37M | 18.83M | 23.02M | 22.72M | 22.78M | 21.84M | 23.57M |
| Revenue Growth % | 17.81% | 23.36% | 24.25% | -5.64% | -4.6% | -14.96% | -13.75% | -2.34% | 2.59% | 19.04% | 0.23% | 14.4% |
| Cost of Goods Sold | 16.95M | 15.82M | 15.83M | 15.97M | 15.02M | 14.22M | 13.87M | 16.24M | 17.08M | 16.92M | 15.57M | 16.64M |
| COGS % of Revenue | 66.37% | 66.19% | 67.64% | 73.52% | 69.27% | 73.43% | 73.63% | 70.57% | 75.15% | 74.29% | 71.29% | 70.61% |
| Gross Profit | 8.59M | 8.08M | 7.57M | 5.75M | 6.66M | 5.15M | 4.97M | 6.77M | 5.65M | 5.86M | 6.27M | 6.93M |
| Gross Margin % | 33.63% | 33.81% | 32.36% | 26.48% | 30.73% | 26.57% | 26.37% | 29.43% | 24.85% | 25.71% | 28.71% | 29.39% |
| Gross Profit Growth % | 28.95% | 56.99% | 52.52% | -15.11% | 17.95% | -12.12% | -20.78% | -2.22% | 2.24% | 53.49% | 30.26% | 43.16% |
| Operating Expenses | 2.87M | 8.11M | 2.51M | 8.07M | 1.85M | 1.39M | 2.04M | 2.79M | 3.72M | 3.67M | 3.46M | 3.52M |
| OpEx % of Revenue | 11.24% | 33.93% | 10.72% | 37.17% | 8.54% | 7.19% | 10.82% | 12.11% | 16.37% | 16.1% | 15.86% | 14.93% |
| Selling, General & Admin | 2.26M | 5.65M | 1.95M | 7.63M | 1.77M | 1.01M | 1.6M | 1.66M | 2.73M | 2.03M | 2.22M | 2.09M |
| SG&A % of Revenue | 8.86% | 23.67% | 8.32% | 35.13% | 8.17% | 5.19% | 8.49% | 7.23% | 12.03% | 8.92% | 10.15% | 8.88% |
| Research & Development | 778.22K | 2.83M | 560.67K | 443.72K | 81.46K | 387.63K | 437.98K | 1.12M | 987.72K | 1.63M | 1.25M | 1.43M |
| R&D % of Revenue | 3.05% | 11.86% | 2.4% | 2.04% | 0.38% | 2% | 2.33% | 4.88% | 4.35% | 7.17% | 5.7% | 6.05% |
| Other Operating Expenses | -170K | -381.2K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 5.72M | -28.99K | 5.07M | -2.32M | 4.81M | 3.75M | 2.93M | 3.99M | 1.93M | 2.19M | 2.81M | 3.41M |
| Operating Margin % | 22.4% | -0.12% | 21.65% | -10.7% | 22.18% | 19.38% | 15.55% | 17.32% | 8.48% | 9.62% | 12.85% | 14.46% |
| Operating Income Growth % | 18.94% | -100.77% | 73% | -158.28% | 149.62% | 71.38% | 4.34% | 16.94% | -18.86% | 229.12% | 35.25% | 53.97% |
| EBITDA | 6.24M | 819.92K | 5.59M | -1.8M | 5.33M | 4.35M | 3.49M | 4.49M | 2.52M | 2.75M | 3.37M | 3.93M |
| EBITDA Margin % | 24.42% | 3.43% | 23.87% | -8.3% | 24.57% | 22.44% | 18.52% | 19.5% | 11.07% | 12.07% | 15.44% | 16.68% |
| EBITDA Growth % | 17.1% | -81.13% | 60.14% | -140.15% | 111.66% | 58.12% | 3.45% | 14.15% | -13.73% | 347.72% | 24.41% | 40.63% |
| D&A (Non-Cash Add-back) | 516.92K | 848.91K | 520.7K | 520.97K | 517.13K | 592.38K | 560.41K | 502.64K | 589.84K | 558.31K | 566.11K | 523.61K |
| EBIT | 5.72M | -28.99K | 7.51M | -1.91M | 5.44M | 6.02M | 713.02K | 6.59M | 3.43M | -30.35M | 1.15M | 3.32M |
| Net Interest Income | 486.46K | -175.39K | 429.16K | 170.92K | 141.04K | 247.19K | 227.86K | 179.72K | 125.37K | 32.31K | -68.71K | -34.82K |
| Interest Income | 519.84K | -63.73K | 429.16K | 170.92K | 141.04K | 242.11K | 237.33K | 215.73K | 169.21K | 63.78K | 4.24K | 44.68K |
| Interest Expense | 33.38K | 111.66K | 0 | 0 | 0 | -5.08K | 9.48K | 36.01K | 43.84K | 31.46K | 72.95K | 79.5K |
| Other Income/Expense | 1.03M | 1.1M | 2.44M | 412.39K | 632.41K | 2.27M | -2.22M | 2.57M | 1.46M | -32.57M | -1.73M | -163.83K |
| Pretax Income | 6.75M | 1.07M | 7.51M | -1.91M | 5.44M | 6.03M | 703.54K | 6.55M | 3.38M | -30.38M | 1.07M | 3.25M |
| Pretax Margin % | 26.44% | 4.49% | 32.07% | -8.8% | 25.1% | 31.11% | 3.74% | 28.47% | 14.89% | -133.39% | 4.92% | 13.77% |
| Income Tax | 1M | 864.33K | 920.3K | 848.92K | 878.27K | 673.71K | 344.25K | 680.8K | -186K | 227.67K | 878.92K | 304.81K |
| Effective Tax Rate % | 14.87% | 80.49% | 12.26% | -44.43% | 16.14% | 11.18% | 48.93% | 10.39% | -5.5% | -0.75% | 81.85% | 9.39% |
| Net Income | 5M | -1.58M | 5.73M | -3.23M | 4M | 7.6M | -684.39K | 4.65M | 2.5M | -18.84M | -887.42K | 2.4M |
| Net Margin % | 19.58% | -6.61% | 24.5% | -14.85% | 18.47% | 39.23% | -3.63% | 20.21% | 11.01% | -82.7% | -4.06% | 10.18% |
| Net Income Growth % | 24.89% | -120.79% | 937.61% | -169.35% | 60.01% | 140.34% | 22.88% | 93.86% | 72.93% | -1797.61% | -169.44% | 61.31% |
| Net Income (Continuing) | 5.75M | 209.51K | 6.59M | -2.76M | 4.56M | 5.35M | 359.29K | 5.87M | 3.57M | -30.61M | 194.88K | 2.94M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -5.78M | -6.62M | -5.57M | -5.98M | -6.53M | -6.94M | 4.17M | 2.5M | 1.39M | 573.17K | 11.96M | 13.27M |
| EPS (Diluted) | 0.23 | -0.09 | 0.33 | -0.20 | 0.29 | 0.56 | -0.05 | 0.34 | 0.18 | -1.39 | -0.07 | 0.18 |
| EPS Growth % | -20.69% | -116.21% | 756.06% | -158.82% | 61.11% | 140.29% | 22.97% | 88.89% | 63.64% | -2167.54% | -165.3% | 38.46% |
| EPS (Basic) | 0.23 | -0.09 | 0.33 | -0.20 | 0.29 | 0.56 | -0.05 | 0.34 | 0.18 | -1.39 | -0.07 | 0.18 |
| Diluted Shares Outstanding | 21.75M | 17.39M | 17.39M | 16.1M | 13.6M | 13.6M | 13.6M | 13.6M | 13.6M | 13.6M | 13.6M | 12.98M |
| Basic Shares Outstanding | 21.75M | 17.39M | 17.39M | 16.1M | 13.6M | 13.6M | 13.6M | 13.6M | 13.9M | 13.6M | 13.6M | 13.33M |
| Dividend Payout Ratio | 28.89% | - | - | - | - | 78.1% | - | - | - | - | - | - |