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Greenland Technologies Holding Corporation(GTEC)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Advisory Performance History (Simulated)
Upturn Advisory & Investor View for GTEC
09/15/2026: GTEC (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Greenland Acquisition Corp (GTEC) is an industrial player shifting from traditional transmission manufacturing toward electric industrial vehicle drivetrains and equipment. The company's main strength lies in its specialized modular technology, which provides a cost-effective path to vehicle electrification. Its growth story hinges on successfully expanding this modular strategy into broader global markets. However, the company faces significant risks, including intense competition from global industrial giants, sensitivity to the Chinese industrial cycle, and the challenge of scaling operations internationally. The stock may suit investors interested in green industrial themes who have a high risk tolerance, though it currently lacks income-generating potential through dividends.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers exposure to industrial electrification, but its small scale and execution risks require a long-term growth horizon. |
| Momentum investor | Weak fit | The stock often lacks the consistent volume and trend strength required for a pure momentum strategy. |
| Value investor | Mixed fit | While valuations may appear low, the company's evolving business model makes it difficult to anchor a traditional value thesis. |
| Dividend investor | Weak fit | The company does not pay dividends and focuses on reinvesting capital for future expansion. |
| Low-risk investor | Weak fit | High volatility and sensitivity to industrial cyclicality make this unsuitable for risk-averse portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Small-cap stocks in cyclical sectors often experience wide price swings based on news and market sentiment. |
| Valuation risk | Medium | Assessing the true value of a company in transition is difficult, potentially leading to mispricing. |
| Competition risk (Heavy Equipment) | High | Competing against established giants with deep pockets limits the company's pricing power. |
| Business quality | Medium | The company is transforming its business model, which creates inherent operational and quality control challenges. |
| Dividend income | Low / none | No dividend payments are available to provide income or downside support. |
| Execution risk | Medium / high | Successfully scaling the EIV product line requires seamless operational and logistical execution. |
Price Behavior

Steep Decline
The stock price has dropped sharply with strong downward pressure.

Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit -32.67% | Avg. Invested days 25 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals 
Financial Health Rating 
Growth Momentum Score 
Ownership 
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue) 
Economic Dimensions
Quantitative Style Profile 
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 28.67M USD | Price to earnings Ratio 1.77 | 1Y Target Price 6 |
Price to earnings Ratio 1.77 | 1Y Target Price 6 | ||
Volume (30-day avg) 808.3K shares | Beta 0.23 | 52 Weeks Range 0.47 - 1.61 | Updated Date 09/15/2026 |
52 Weeks Range 0.47 - 1.61 | Updated Date 09/15/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.61 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Transmission Products | Hydraulic transmissions for forklifts and industrial vehicles. | The foundational, steady-state business segment providing baseline revenue. |
| Electric Industrial Vehicles (EIV) | Modular electric heavy equipment like loaders and electric drivetrains. | The primary growth engine focusing on the transition to sustainable equipment. |
| Geography (China) | Sales and manufacturing primarily located in China. | The company is highly dependent on the Chinese industrial market for production and initial demand. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 1.77 | Forward PE 8.06 | Enterprise Value 11.94M | Price to Sales(TTM) 0.28 |
Enterprise Value 11.94M | Price to Sales(TTM) 0.28 | ||
Enterprise Value to Revenue 0.12 | Enterprise Value to EBITDA 0.5 | Shares Outstanding 20.53M | Shares Floating 20.34M |
Shares Outstanding 20.53M | Shares Floating 20.34M | ||
Percent Insiders 0.96 | Percent Institutions 2.23 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Greenland Technologies Holding Corporation
Exchange NASDAQ | Headquarters East Windsor, NJ, United States | ||
IPO Launch date 2018-08-08 | CEO & President Mr. Raymond Z. Wang | ||
Sector Consumer Cyclical | Industry Auto Parts | Full time employees 340 | Website https://ir.gtec-tech.com |
Full time employees 340 | Website https://ir.gtec-tech.com | ||
Greenland Technologies Holding Corporation designs, develops, manufactures, and sells components and products for material handling industries in the United States and internationally. The company provides transmission products, such as transmission systems and integrated powertrains primarily for electric forklift trucks; electric industrial heavy machinery, including electric wheeled front loader, electric excavator, and electric lithium forklifts; and provides charging solutions. Its products are used in manufacturing and logistic applications, such as factories, workshops, warehouses, fulfilment centers, shipyards, and seaports. The company was founded in 2006 and is headquartered in East Windsor, New Jersey.

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