Greenland Technologies Holding Corp
NASDAQ:GTEC
Income Statement
Earnings Waterfall
Greenland Technologies Holding Corp
Revenue
|
90.3m
USD
|
Cost of Revenue
|
-65.8m
USD
|
Gross Profit
|
24.6m
USD
|
Operating Expenses
|
-13.8m
USD
|
Operating Income
|
10.8m
USD
|
Other Expenses
|
-26.7m
USD
|
Net Income
|
-15.9m
USD
|
Income Statement
Greenland Technologies Holding Corp
Feb-2019 | May-2019 | Aug-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||
Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
10
N/A
|
26
+168%
|
43
+62%
|
67
+56%
|
82
+22%
|
93
+14%
|
100
+7%
|
99
-1%
|
104
+5%
|
96
-7%
|
95
-1%
|
91
-4%
|
84
-8%
|
87
+4%
|
87
+0%
|
90
+4%
|
|
Gross Profit | ||||||||||||||||||||
Cost of Revenue |
0
|
0
|
0
|
(8)
|
(22)
|
(35)
|
(54)
|
(66)
|
(74)
|
(79)
|
(79)
|
(83)
|
(76)
|
(75)
|
(71)
|
(65)
|
(66)
|
(64)
|
(66)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
2
N/A
|
5
+150%
|
8
+71%
|
13
+56%
|
16
+25%
|
19
+18%
|
21
+9%
|
20
-5%
|
21
+7%
|
20
-4%
|
20
-1%
|
20
+1%
|
19
-4%
|
21
+11%
|
23
+7%
|
25
+9%
|
|
Operating Income | ||||||||||||||||||||
Operating Expenses |
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(4)
|
(6)
|
(7)
|
(8)
|
(9)
|
(11)
|
(12)
|
(12)
|
(12)
|
(14)
|
(14)
|
(15)
|
(16)
|
(14)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
|
Research & Development |
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(6)
|
(6)
|
(6)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(5)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Other Operating Expenses |
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(1)
N/A
|
(1)
-58%
|
(1)
-34%
|
(1)
+46%
|
1
N/A
|
4
+198%
|
7
+69%
|
9
+41%
|
11
+19%
|
11
-2%
|
8
-26%
|
9
+6%
|
8
-14%
|
8
+0%
|
6
-21%
|
5
-17%
|
6
+24%
|
7
+12%
|
11
+56%
|
|
Pre-Tax Income | ||||||||||||||||||||
Interest Income Expense |
1
|
1
|
1
|
0
|
(0)
|
(1)
|
1
|
1
|
1
|
1
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(3)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
(0)
|
0
|
0
|
1
|
1
|
(0)
|
1
|
1
|
1
|
2
|
1
|
1
|
2
|
2
|
2
|
2
|
1
|
(1)
|
(31)
|
|
Pre-Tax Income |
(0)
N/A
|
(0)
-150%
|
(0)
-133%
|
0
N/A
|
2
+2 386%
|
3
+59%
|
9
+213%
|
11
+30%
|
13
+18%
|
15
+10%
|
9
-38%
|
10
+6%
|
9
-10%
|
9
+5%
|
7
-20%
|
7
-11%
|
7
+9%
|
6
-22%
|
(23)
N/A
|
|
Net Income | ||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(2)
|
|
Income from Continuing Operations |
(0)
|
(0)
|
(0)
|
0
|
2
|
2
|
6
|
8
|
10
|
11
|
7
|
8
|
7
|
8
|
7
|
6
|
7
|
5
|
(25)
|
|
Income to Minority Interest |
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
0
|
0
|
(0)
|
0
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
9
|
|
Net Income (Common) |
(1)
N/A
|
(1)
-60%
|
(1)
-36%
|
(0)
+61%
|
1
N/A
|
2
+52%
|
7
+291%
|
9
+28%
|
10
+18%
|
11
+8%
|
6
-43%
|
6
-5%
|
5
-22%
|
5
+5%
|
4
-27%
|
3
-9%
|
4
+28%
|
2
-52%
|
(16)
N/A
|
|
EPS (Diluted) |
-0.29
N/A
|
-0.42
-45%
|
-0.59
-40%
|
-0.04
+93%
|
0.11
N/A
|
0.18
+64%
|
0.67
+272%
|
0.83
+24%
|
0.93
+12%
|
0.96
+3%
|
0.58
-40%
|
0.54
-7%
|
0.41
-24%
|
0.42
+2%
|
0.3
-29%
|
0.26
-13%
|
0.31
+19%
|
0.14
-55%
|
-1.2
N/A
|