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Greenland Acquisition Corp (GTEC)

Upturn stock ratingUpturn stock rating
$1.41
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

08/28/2025: GTEC (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $13

1 Year Target Price $13

Analysts Price Target For last 52 week
$13 Target price
52w Low $1.14
Current$1.41
52w High $2.94

Analysis of Past Performance

Type Stock
Historic Profit -60.79%
Avg. Invested days 41
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 24.70M USD
Price to earnings Ratio 2.56
1Y Target Price 13
Price to earnings Ratio 2.56
1Y Target Price 13
Volume (30-day avg) 1
Beta 1.96
52 Weeks Range 1.14 - 2.94
Updated Date 08/28/2025
52 Weeks Range 1.14 - 2.94
Updated Date 08/28/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.55

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Earnings Date

Report Date 2025-08-29
When -
Estimate -
Actual -0.2

Profitability

Profit Margin 9.43%
Operating Margin (TTM) -10.7%

Management Effectiveness

Return on Assets (TTM) 4.58%
Return on Equity (TTM) 12.32%

Valuation

Trailing PE 2.56
Forward PE 8.06
Enterprise Value 21528580
Price to Sales(TTM) 0.3
Enterprise Value 21528580
Price to Sales(TTM) 0.3
Enterprise Value to Revenue 0.26
Enterprise Value to EBITDA 1.73
Shares Outstanding 17394200
Shares Floating 11183444
Shares Outstanding 17394200
Shares Floating 11183444
Percent Insiders 35.71
Percent Institutions 6.08

ai summary icon Upturn AI SWOT

Greenland Acquisition Corp

stock logo

Company Overview

overview logo History and Background

Greenland Acquisition Corp was a blank check company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It was founded to target businesses with a connection to Greenland or sustainable industries. After failing to complete a merger, the company liquidated and delisted.

business area logo Core Business Areas

  • SPAC Formation: Greenland Acquisition Corp's core business was being a Special Purpose Acquisition Company (SPAC), aiming to identify and acquire a target company.

leadership logo Leadership and Structure

Greenland Acquisition Corp was led by its management team prior to its liquidation. As a SPAC, its structure was relatively simple, designed to facilitate a merger transaction.

Top Products and Market Share

overview logo Key Offerings

  • Initial Public Offering (IPO): Greenland Acquisition Corp's main product was its initial public offering, which raised capital from investors to fund its acquisition activities. Market share data is not applicable as it's a SPAC's specific IPO. Competitors are other SPACs looking for acquisitions. Market Share is 0, since the firm liquidated.

Market Dynamics

industry overview logo Industry Overview

The SPAC industry experienced a boom and bust cycle, with high initial activity followed by increased regulatory scrutiny and a decline in merger completion rates.

Positioning

Greenland Acquisition Corp aimed to position itself within the sustainable industries sector, focusing on companies with ties to Greenland. However, it ultimately failed to find a suitable target and liquidated.

Total Addressable Market (TAM)

The TAM for SPAC acquisitions is the total value of private companies seeking to go public. However, Greenland Acquisition Corp did not acquire any. TAM is not applicable, due to liquidation.

Upturn SWOT Analysis

Strengths

  • Experienced management team (initially)
  • Focus on sustainable industries
  • Targeted geographic focus (Greenland)

Weaknesses

  • Failed to identify and complete a merger
  • Reliance on finding a suitable acquisition target
  • Liquidation and delisting

Opportunities

  • Potential future sustainable investment opportunities
  • Ability to leverage Greenland's natural resources

Threats

  • Increased competition from other SPACs
  • Regulatory changes impacting SPACs
  • Difficulty finding suitable targets

Competitors and Market Share

competitor logo Key Competitors

Competitive Landscape

As a liquidated SPAC, Greenland Acquisition Corp no longer has competitors. At the time it was actively searching for a target, its competitors were other SPACs with similar investment mandates.

Growth Trajectory and Initiatives

Historical Growth: N/A - Greenland Acquisition Corp liquidated.

Future Projections: N/A - Greenland Acquisition Corp liquidated.

Recent Initiatives: The company undertook efforts to find merger targets and negotiate deals, but none were successful before liquidation.

Summary

Greenland Acquisition Corp. was a SPAC that ultimately failed to find a suitable merger target and liquidated. This resulted in a return of capital to shareholders, but no long-term value creation. The company struggled to navigate the competitive SPAC market and the challenges of identifying viable businesses. Investors should be wary of the risks associated with SPAC investments.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • SPAC Research
  • Company Press Releases (prior to liquidation)

Disclaimers:

The information provided is based on historical data available prior to the company's liquidation. Actual results may vary. This analysis is for informational purposes only and not financial advice.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Greenland Acquisition Corp

Exchange NASDAQ
Headquaters 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 345
Full time employees 345

Greenland Technologies Holding Corporation designs, develops, manufactures, and sells components and products for material handling industries worldwide. The company offers transmission products, such as transmission systems and integrated powertrain primarily for electric forklift trucks; electric industrial heavy equipment, 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. Greenland Technologies Holding Corporation was and is headquartered in East Windsor, New Jersey.