Greenland Acquisition Corp Stock Today

GTEC Stock  USD 2.59  0.21  8.82%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 37

 
High
 
Low
Below Average
Greenland Acquisition is trading at 2.59 as of the 31st of January 2025, a 8.82% increase since the beginning of the trading day. The stock's open price was 2.38. Greenland Acquisition has about a 37 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 31st of January 2025. Click here to learn more.
Business Domain
Capital Goods
IPO Date
8th of August 2018
Category
Industrials
Greenland Technologies Holding Corporation develops, manufactures, and sells transmission products for material handling machineries in the Peoples Republic of China. The company was founded in 2006 and is headquartered in East Windsor, New Jersey. Greenland Technologies operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. The company has 13.59 M outstanding shares of which 51.87 K shares are currently shorted by private and institutional investors with about 1.45 trading days to cover. More on Greenland Acquisition Corp

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Greenland Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentRaymond Wang
Old NameAvant Brands Inc
Business ConcentrationIndustrial Machinery & Supplies & Components, Specialty Industrial Machinery, Industrials, NASDAQ Composite, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.440.62
Way Down
Pretty Stable
Gross Profit Margin0.180.24
Way Down
Slightly volatile
Net Debt26.9 M17.1 M
Way Up
Slightly volatile
Total Current Liabilities66.8 M83.4 M
Significantly Down
Slightly volatile
Non Current Liabilities Total7.8 M6.6 M
Fairly Up
Slightly volatile
Total Assets130.8 M150 M
Fairly Down
Slightly volatile
Total Current Assets90.5 M114.8 M
Significantly Down
Slightly volatile
Debt Levels
Greenland Acquisition can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Greenland Acquisition's financial leverage. It provides some insight into what part of Greenland Acquisition's total assets is financed by creditors.
Liquidity
Greenland Acquisition Corp currently holds 41.93 M in liabilities with Debt to Equity (D/E) ratio of 0.14, which may suggest the company is not taking enough advantage from borrowing. Greenland Acquisition has a current ratio of 1.76, which is within standard range for the sector. Note, when we think about Greenland Acquisition's use of debt, we should always consider it together with its cash and equity.

Investments

1.09 Million
Greenland Acquisition Corp (GTEC) is traded on NASDAQ Exchange in USA. It is located in Building 400, East Windsor, NJ, United States, 08512 and employs 325 people. Greenland Acquisition is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 35.21 M. Greenland Acquisition conducts business under Machinery sector and is part of Industrials industry. The entity has 13.59 M outstanding shares of which 51.87 K shares are currently shorted by private and institutional investors with about 1.45 trading days to cover. Greenland Acquisition Corp currently holds about 10.88 M in cash with 2.45 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.87.
Check Greenland Acquisition Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Greenland Acquisition is $35.21 Million. Greenland Acquisition secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Greenland Ownership Details

Greenland Stock Institutional Holders

InstituionRecorded OnShares
Capital Performance Advisors Llp2024-09-30
2.8 K
Harbour Investments, Inc.2024-09-30
187
Coppell Advisory Solutions Llc2024-09-30
17.0
Tower Research Capital Llc2024-09-30
0.0
Steward Partners Investment Advisory, Llc2024-09-30
0.0
Advisor Group Holdings, Inc.2024-06-30
0.0
Lpl Financial Corp2024-09-30
359.7 K
Wells Fargo & Co2024-09-30
236 K
Two Sigma Investments Llc2024-09-30
90.6 K
Northern Trust Corp2024-09-30
26.1 K
Heron Bay Capital Management2024-09-30
23 K
View Greenland Acquisition Diagnostics

Greenland Acquisition Historical Income Statement

At present, Greenland Acquisition's Interest Income is projected to decrease significantly based on the last few years of reporting. The current year's Depreciation And Amortization is expected to grow to about 2.9 M, whereas Interest Expense is forecasted to decline to about 214.1 K. View More Fundamentals

Greenland Stock Against Markets

Greenland Acquisition Corporate Management

Lei ChenChief ScientistProfile
Peter WangFounder ChairmanProfile
Jerry ZhengChief OfficerProfile
Dana HopkinsChief CorpProfile
When determining whether Greenland Acquisition offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Greenland Acquisition's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Greenland Acquisition Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Greenland Acquisition Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenland Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenland Acquisition. If investors know Greenland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenland Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.889
Earnings Share
(0.94)
Revenue Per Share
6.674
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.10)
The market value of Greenland Acquisition is measured differently than its book value, which is the value of Greenland that is recorded on the company's balance sheet. Investors also form their own opinion of Greenland Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Greenland Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenland Acquisition's market value can be influenced by many factors that don't directly affect Greenland Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenland Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenland Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenland Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.