Greenland Technologies Holding Corporation

Greenland Technologies Holding Corporationverified

GTEC

Price:

$2.48

Market Cap:

$33.71M

Greenland Technologies Holding Corporation develops, manufactures, and sells drivetrain systems for material handling machineries and electric vehicles, and electric industrial vehicles. The company offers transmission products for forklift trucks that are used in manufacturing and logistic applications, such as factories, workshops, warehouses, fulfillment centers, shipyards, and seaports. It also develops robotic cargo carriers. The company was founded in 2006 and is based in East Windsor, New Jersey.[Read more]

Industry

Industrial - Machinery

IPO Date

2018-08-08

Stock Exchange

NASDAQ

Ticker

GTEC

The ROE as of September 2024 (TTM) for Greenland Technologies Holding Corporation (GTEC) is -21.70%

According to Greenland Technologies Holding Corporation’s latest financial reports and current stock price. The company's current ROE is -21.70%. This represents a change of 237.23% compared to the average of -6.44% of the last 4 quarters.

Greenland Technologies Holding Corporation (GTEC) Historical ROE (quarterly & annually)

How has GTEC ROE performed in the past?

The mean historical ROE of Greenland Technologies Holding Corporation over the last ten years is 3.00%. The current -21.70% ROE has changed -822.54% with respect to the historical average. Over the past ten years (40 quarters), GTEC's ROE was at its highest in in the December 2019 quarter at 11.57%. The ROE was at its lowest in in the May 2018 quarter at -50.31%.

Quarterly (TTM)
Annual

Average

3.00%

Median

10.06%

Minimum

-31.71%

Maximum

18.77%

Greenland Technologies Holding Corporation (GTEC) ROE by Quarter and Year

Discovering the peaks and valleys of Greenland Technologies Holding Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 30.16%

Maximum Annual ROE = 18.77%

Minimum Annual Increase = -441.17%

Minimum Annual ROE = -31.71%

Quarterly (TTM)
Annual
YearROEChange
2023-31.71%-441.17%
20229.29%-7.61%
202110.06%-33.18%
202015.06%30.16%
201911.57%-38.36%
201818.77%-256.25%

Greenland Technologies Holding Corporation (GTEC) Average ROE

How has GTEC ROE performed in the past?

The current ROE of Greenland Technologies Holding Corporation (GTEC) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-4.12%

5-year avg

2.85%

10-year avg

3.00%

Greenland Technologies Holding Corporation (GTEC) ROE vs. Peers

How is GTEC’s ROE compared to its peers?

Greenland Technologies Holding Corporation’s ROE is greater than Shapeways Holdings, Inc. (-97.49%), less than JE Cleantech Holdings Limited (3.12%), greater than Laser Photonics Corporation (-38.87%), less than Siemens Aktiengesellschaft (17.11%), less than Ameritek Ventures, Inc. (0.50%), less than Nuburu, Inc. (299.86%), greater than Quality Industrial Corp. (-124.11%), less than BrewBilt Manufacturing Inc. (20.74%), less than American Power Group Corporation (0%), less than Cavitation Technologies, Inc. (132.30%), less than Dover Corporation (29.33%), less than Graco Inc. (21.74%), less than Illinois Tool Works Inc. (102.27%), less than Parker-Hannifin Corporation (24.99%), less than IDEX Corporation (16.35%), greater than Berkshire Grey, Inc. (-136.11%), less than Reelcause, Inc. (25.96%),

Build a custom stock screener for Greenland Technologies Holding Corporation (GTEC) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Greenland Technologies Holding Corporation using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Greenland Technologies Holding Corporation (GTEC) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Greenland Technologies Holding Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Greenland Technologies Holding Corporation's ROE?

How is the ROE calculated for Greenland Technologies Holding Corporation (GTEC)?

What is the highest ROE for Greenland Technologies Holding Corporation (GTEC)?

What is the 3-year average ROE for Greenland Technologies Holding Corporation (GTEC)?

What is the 5-year average ROE for Greenland Technologies Holding Corporation (GTEC)?

How does the current ROE for Greenland Technologies Holding Corporation (GTEC) compare to its historical average?