Greenland Technologies Holding Corporation (GTEC) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 113M | 95.27M | 98.99M | 94.61M | 93.47M | 92.65M | 100.18M | 102.44M | 103.37M | 99.79M | 138.93M | 133.31M | 135.16M | 125.91M | 135.34M | 129.31M | 140.96M | 139.31M | 134.44M | 132.11M |
| Cash & Short-Term Investments | 32.94M | 35.27M | 33.04M | 23.1M | 20.16M | 25.19M | 24.69M | 22.62M | 18.78M | 25.8M | 25.94M | 20.89M | 21.37M | 24.1M | 23.55M | 10.88M | 10.92M | 13.17M | 9.52M | 10.76M |
| Cash Only | 10.61M | 7.85M | 3.94M | 4.58M | 5.4M | 6.66M | 17.63M | 17.12M | 15.99M | 22.98M | 21.54M | 15.23M | 15.4M | 16.3M | 11.31M | 3.22M | 6.85M | 11.06M | 9.02M | 10.76M |
| Short-Term Investments | 22.33M | 27.42M | 29.1M | 18.52M | 14.76M | 18.54M | 7.05M | 5.5M | 2.79M | 2.82M | 4.39M | 5.65M | 5.97M | 7.8M | 12.24M | 7.67M | 4.07M | 2.11M | 500K | 0 |
| Accounts Receivable | 45.13M | 33.07M | 39.1M | 43.44M | 43.34M | 38.77M | 48.18M | 53.07M | 53.51M | 43.84M | 87.91M | 86.95M | 85.19M | 73.3M | 85.41M | 88.87M | 98.03M | 93.15M | 97.38M | 92.58M |
| Days Sales Outstanding | 137.79 | 138.92 | 162.24 | 181.8 | 170.46 | 206.49 | 247.3 | 210.7 | 194.94 | 266.09 | 368.36 | 332.32 | 322.01 | 381.56 | 367.97 | 412.76 | 293.55 | 382.04 | 378.52 | 297.81 |
| Inventory | 25.7M | 24.46M | 25.38M | 24.39M | 25.87M | 25.19M | 21.84M | 20.89M | 24.75M | 24.89M | 20.5M | 20.22M | 22.5M | 23.1M | 21.88M | 23.95M | 24.96M | 25.8M | 20.61M | 17.73M |
| Days Inventory Outstanding | 133.18 | 144.96 | 144.66 | 143.21 | 153.01 | 152.11 | 141.74 | 127.83 | 132.24 | 123.37 | 120.3 | 116.8 | 123.42 | 135.07 | 124.2 | 141.18 | 99.59 | 110.89 | 98.05 | 72.17 |
| Other Current Assets | 9.23M | 2.47M | 0 | 2.16M | 2.14M | 1.69M | 4.84M | 3.91M | 5.73M | 5.21M | 2.89M | 4.19M | 5.47M | 5M | 3.82M | 4.91M | 6.41M | 6.75M | 6.73M | 10.31M |
| Total Non-Current Assets | 23.55M | 20.51M | 24.43M | 28.96M | 25.18M | 22.93M | 27.32M | 24.32M | 35.81M | 30.69M | 20.4M | 20.88M | 22.26M | 29.21M | 22.33M | 21.07M | 23.38M | 23.26M | 23.62M | 23.77M |
| Property, Plant & Equipment | 11.75M | 0 | 13.52M | 13.99M | 14.3M | 14.76M | 15.57M | 15.59M | 16.11M | 15.82M | 15.98M | 16.51M | 17.67M | 18.21M | 18.25M | 17.07M | 18.63M | 19.04M | 19.4M | 19.53M |
| Fixed Asset Turnover | 2.17x | - | 1.70x | 1.54x | 1.49x | 1.28x | 1.21x | 1.45x | 1.42x | 1.43x | 1.34x | 1.38x | 1.23x | 1.05x | 1.23x | 1.15x | 1.56x | 1.19x | 1.19x | 1.44x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.89K | 3.89K | 3.89K | 3.89K | 3.89K | 3.89K |
| Intangible Assets | 53.08K | 68.69K | 3.32M | 3.34M | 3.33M | 3.36M | 3.54M | 3.46M | 3.53M | 3.64M | 3.59M | 3.54M | 3.77M | 3.79M | 3.71M | 3.82M | 4.03M | 4.04M | 4.01M | 4.03M |
| Long-Term Investments | 7.47M | 4.42M | 6.91M | 11.07M | 6.93M | 4.13M | 7.34M | 4.34M | 15.4M | 9.92M | 300K | 300K | 300K | 250K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 3.83M | 16.02M | 680.36K | 121.74K | 616.12K | 247.66K | 390.37K | 475.14K | 335.3K | 1.05M | 253.76K | 255.98K | 254.94K | 6.74M | 242.87K | 44.34K | 42.89K | 44.09K | 37.21K | 41.86K |
| Total Assets | 136.55M | 115.77M | 123.43M | 123.57M | 118.65M | 115.58M | 127.51M | 126.76M | 139.18M | 130.48M | 159.33M | 154.2M | 157.43M | 155.12M | 157.68M | 150.39M | 164.34M | 162.57M | 158.06M | 155.88M |
| Asset Turnover | 0.20x | 0.20x | 0.19x | 0.18x | 0.19x | 0.16x | 0.15x | 0.17x | 0.17x | 0.16x | 0.14x | 0.15x | 0.14x | 0.12x | 0.14x | 0.13x | 0.18x | 0.14x | 0.15x | 0.19x |
| Asset Growth % | 15.09% | 0.17% | -3.2% | -2.52% | -14.75% | -11.42% | -19.97% | -17.79% | -11.59% | -15.88% | 1.05% | 2.53% | -4.21% | -4.58% | -0.24% | -3.52% | 13.25% | 23.18% | 30.37% | 45.63% |
| Total Current Liabilities | 56.92M | 48.3M | 51.18M | 56.23M | 56.18M | 57.54M | 59.7M | 63.98M | 79.81M | 72.52M | 70.56M | 65.29M | 65.9M | 66.21M | 70.26M | 71.86M | 83.93M | 85.46M | 89.34M | 88.53M |
| Accounts Payable | 33.57M | 25.6M | 27.66M | 29.63M | 29.3M | 23.1M | 26.34M | 24.79M | 30.85M | 25.27M | 25.73M | 24.98M | 28.42M | 24.82M | 23.95M | 25.84M | 32.26M | 29.06M | 28.29M | 28.3M |
| Days Payables Outstanding | 157.1 | 154.91 | 166.5 | 167.91 | 157.04 | 159.91 | 169.61 | 155.85 | 149.53 | 138.65 | 149.85 | 146.02 | 144.1 | 146.45 | 134.95 | 167.71 | 120.3 | 137.03 | 144.72 | 114.93 |
| Short-Term Debt | 20.19M | 12.76M | 14.3M | 18.49M | 544.44K | 19.67M | 25.46M | 31.41M | 41.42M | 39.75M | 41.32M | 37.12M | 34.64M | 38.95M | 44.28M | 44.66M | 48.73M | 54.47M | 57.29M | 56.49M |
| Deferred Revenue (Current) | 0 | 1.08M | 297.19K | 366.11K | 399.09K | 328.87K | 420.27K | 491.58K | 339.84K | 137.99K | 303.12K | 217.67K | 196.03K | 227.43K | 196.13K | 272.14K | 443.14K | 387.92K | 335.63K | 163.44K |
| Other Current Liabilities | 1.14M | 7.23M | 4.26M | 0 | 23.76M | 10.89M | 0 | 190K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 190K | 0 | 0 | 0 |
| Current Ratio | 1.99x | 1.97x | 1.93x | 1.68x | 1.66x | 1.61x | 1.68x | 1.60x | 1.30x | 1.38x | 1.97x | 2.04x | 2.05x | 1.90x | 1.93x | 1.80x | 1.68x | 1.63x | 1.50x | 1.49x |
| Quick Ratio | 1.53x | 1.47x | 1.44x | 1.25x | 1.20x | 1.17x | 1.31x | 1.27x | 0.99x | 1.03x | 1.68x | 1.73x | 1.71x | 1.55x | 1.61x | 1.47x | 1.38x | 1.33x | 1.27x | 1.29x |
| Cash Conversion Cycle | 113.87 | 128.98 | 140.41 | 157.1 | 166.43 | 198.69 | 219.43 | 182.68 | 177.66 | 250.81 | 338.81 | 303.1 | 301.33 | 370.17 | 357.23 | 386.24 | 272.84 | 355.9 | 331.85 | 255.05 |
| Total Non-Current Liabilities | 1.16M | 1.15M | 2.4M | 4.11M | 4.38M | 4.77M | 6.51M | 3.99M | 6.06M | 7.3M | 3.38M | 3.57M | 3.83M | 9.47M | 4.12M | 2.01M | 2.2M | 2.26M | 2.24M | 2.24M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 751.95K | 894.75K | 1.03M | 1.17M | 1.3M | 1.43M | 1.56M | 1.68M | 1.81M | 1.93M | 2.05M | 2.18M | 2.29M | 30.2K | 38.99K | 47.61K | 56.13K | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.58M | -1.64M | -1.78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.16M | 1.15M | 521.84K | 2.05M | 2.13M | 2.34M | 3.84M | 1.18M | 3.05M | 4.08M | 1.58M | 1.64M | 1.78M | 5.48M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 58.08M | 49.45M | 53.57M | 60.34M | 60.56M | 62.31M | 66.21M | 67.98M | 85.87M | 79.82M | 73.95M | 68.86M | 69.73M | 75.68M | 74.38M | 73.87M | 86.13M | 87.72M | 91.58M | 90.77M |
| Total Debt | 20.19M | 12.76M | 15.6M | 19.93M | 2.1M | 21.35M | 27.27M | 33.34M | 43.47M | 41.93M | 43.61M | 39.58M | 37.17M | 41.6M | 47.04M | 44.73M | 49.01M | 54.75M | 57.37M | 56.49M |
| Net Debt | 9.58M | 4.91M | 11.65M | 15.35M | -3.3M | 14.69M | 9.64M | 16.22M | 27.49M | 18.95M | 22.06M | 24.35M | 21.77M | 25.3M | 35.73M | 41.51M | 42.15M | 43.69M | 48.35M | 45.73M |
| Debt / Equity | 0.26x | 0.19x | 0.22x | 0.32x | 0.04x | 0.40x | 0.44x | 0.57x | 0.82x | 0.83x | 0.51x | 0.46x | 0.42x | 0.52x | 0.56x | 0.58x | 0.63x | 0.73x | 0.86x | 0.87x |
| Debt / EBITDA | 3.24x | 15.56x | 2.79x | - | 0.40x | 4.91x | 7.82x | 7.43x | 17.28x | 15.26x | 12.93x | 10.06x | 12.74x | - | 17.35x | 16.00x | 12.26x | 103.39x | 21.43x | 13.84x |
| Net Debt / EBITDA | 1.54x | 5.99x | 2.09x | - | -0.62x | 3.38x | 2.76x | 3.61x | 10.92x | 6.89x | 6.54x | 6.19x | 7.46x | - | 13.18x | 14.84x | 10.55x | 82.50x | 18.06x | 11.20x |
| Interest Coverage | 171.35x | -0.26x | - | - | - | 1184.78x | 75.24x | 183.01x | 78.17x | -964.75x | 15.72x | 41.82x | 42.44x | -17.28x | 21.77x | 29.74x | 34.66x | 6.29x | 21.48x | 17.00x |
| Total Equity | 78.47M | 66.32M | 69.85M | 63.23M | 58.09M | 53.27M | 61.3M | 58.78M | 53.31M | 50.65M | 85.39M | 85.34M | 87.69M | 79.43M | 83.29M | 76.51M | 78.21M | 74.84M | 66.48M | 65.11M |
| Equity Growth % | 35.08% | 24.5% | 13.96% | 7.56% | 8.96% | 5.16% | -28.21% | -31.12% | -39.2% | -36.23% | 2.52% | 11.53% | 12.13% | 6.13% | 25.29% | 17.52% | 42.83% | 47.73% | 28.68% | 36.94% |
| Book Value per Share | 3.61 | 3.81 | 4.02 | 3.93 | 4.27 | 3.92 | 4.51 | 4.32 | 3.92 | 3.73 | 6.28 | 6.58 | 6.76 | 6.28 | 6.81 | 6.75 | 6.90 | 6.67 | 5.87 | 6.02 |
| Total Shareholders' Equity | 84.25M | 72.94M | 75.42M | 69.21M | 64.62M | 60.21M | 57.13M | 56.28M | 51.93M | 50.08M | 73.43M | 72.07M | 72.85M | 65.71M | 70.59M | 63.16M | 64.4M | 62.28M | 59.58M | 58.48M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 42.53M | 37.53M | 42.96M | 33.38M | 36.61M | 32.6M | 25M | 25.69M | 21.04M | 18.54M | 40.19M | 41.07M | 38.68M | 34.41M | 38.22M | 36.94M | 35.46M | 33.67M | 33.34M | 32.31M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 3.12M | 2.39M | -1.96M | 1.4M | 547.37K | 135.23K | 1.84M | 307.34K | 604.73K | 1.26M | 289.49K | -1.96M | 1.22M | 1.01M | -589.75K | 2.38M | 5.1M | 4.86M | 4.26M | 4.18M |
| 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 | 14.84M | 13.72M | 12.7M | 13.35M | 13.81M | 12.56M | 6.89M | 6.63M |