Greenland Technologies Holding Corp
NASDAQ:GTEC
Income Statement
Earnings Waterfall
Greenland Technologies Holding Corp
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 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| 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%
|
91
+1%
|
90
-1%
|
87
-3%
|
84
-4%
|
83
-1%
|
82
-2%
|
86
+6%
|
|
| Gross Profit | |||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
(8)
|
(22)
|
(35)
|
(54)
|
(66)
|
(74)
|
(79)
|
(79)
|
(83)
|
(76)
|
(75)
|
(71)
|
(65)
|
(66)
|
(64)
|
(66)
|
(66)
|
(65)
|
(64)
|
(61)
|
(59)
|
(59)
|
(61)
|
|
| 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%
|
25
+1%
|
25
-1%
|
23
-5%
|
23
-3%
|
24
+4%
|
23
-4%
|
25
+12%
|
|
| Operating Income | |||||||||||||||||||||||||||
| Operating Expenses |
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(4)
|
(6)
|
(7)
|
(8)
|
(9)
|
(11)
|
(12)
|
(12)
|
(12)
|
(14)
|
(14)
|
(15)
|
(16)
|
(14)
|
(15)
|
(14)
|
(13)
|
(10)
|
(8)
|
(13)
|
(14)
|
|
| Selling, General & Administrative |
0
|
0
|
0
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(6)
|
(5)
|
(11)
|
(11)
|
|
| Research & Development |
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(6)
|
(6)
|
(6)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(2)
|
(1)
|
(1)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(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
|
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%
|
10
-7%
|
11
+6%
|
11
+1%
|
13
+17%
|
15
+23%
|
9
-41%
|
11
+23%
|
|
| 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)
|
(2)
|
(2)
|
(2)
|
1
|
1
|
1
|
1
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
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)
|
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)
|
(30)
|
(28)
|
(29)
|
3
|
2
|
0
|
5
|
|
| 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
|
(23)
+3%
|
(19)
+15%
|
(20)
-2%
|
17
N/A
|
19
+12%
|
10
-45%
|
17
+66%
|
|
| Net Income | |||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(2)
|
(1)
|
(2)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
|
| Income from Continuing Operations |
(0)
|
(0)
|
(0)
|
0
|
2
|
2
|
6
|
8
|
10
|
11
|
7
|
8
|
7
|
8
|
7
|
6
|
7
|
5
|
(25)
|
(24)
|
(21)
|
(21)
|
15
|
16
|
8
|
14
|
|
| Income to Minority Interest |
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
0
|
0
|
(0)
|
0
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
9
|
9
|
8
|
8
|
(1)
|
(1)
|
0
|
0
|
|
| 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
|
(15)
+7%
|
(13)
+15%
|
(12)
+2%
|
14
N/A
|
16
+11%
|
8
-51%
|
14
+83%
|
|
| 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
|
-1.05
+12%
|
-0.89
+15%
|
-0.91
-2%
|
1.03
N/A
|
1.14
+11%
|
0.47
-59%
|
0.81
+72%
|
|