Greenland Technologies (NASDAQ:GTEC) Issues Quarterly Earnings Results

Posted by George Bondi on Aug 16th, 2026

Greenland Technologies (NASDAQ:GTEC – Get Free Report) posted its quarterly earnings data on Friday. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.04, Zacks reports. The company had revenue of $29.88 million during the quarter, compared to analyst estimates of $22.80 million. Greenland Technologies had a net margin of 6.27% and a return on equity of 8.54%.

Greenland Technologies Price Performance

Shares of NASDAQ:GTEC opened at $0.71 on Friday. The stock has a market cap of $14.58 million, a price-to-earnings ratio of 1.22 and a beta of 0.15. The company has a 50 day moving average of $0.57 and a 200-day moving average of $0.67. Greenland Technologies has a one year low of $0.47 and a one year high of $1.61.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Greenland Technologies in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

View Our Latest Stock Report on GTEC

Hedge Funds Weigh In On Greenland Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the business. Mariner LLC grew its holdings in Greenland Technologies by 97.1% during the 4th quarter. Mariner LLC now owns 40,596 shares of the company’s stock worth $25,000 after acquiring an additional 20,000 shares during the period. Centiva Capital LP acquired a new position in shares of Greenland Technologies in the 3rd quarter valued at $29,000. Finally, Citadel Advisors LLC acquired a new position in shares of Greenland Technologies in the 3rd quarter valued at $31,000. 10.89% of the stock is owned by institutional investors.

About Greenland Technologies

(Get Free Report)

Greenland Technologies Holding Corporation (NASDAQ: GTEC) is a China-based designer and manufacturer of clean energy solutions specializing in biomass resource utilization. The company develops and produces pellet fuel production lines, biomass boilers, pellet stoves and turnkey systems for sustainable heat and power generation. Its product portfolio also includes industrial‐scale pelletizers, dryers, combustion equipment and control systems optimized for agricultural and forestry residues.

Beyond equipment supply, Greenland Technologies provides engineering, procurement and construction (EPC) services, along with installation, commissioning and maintenance support for biomass energy facilities.