Greenland Technologies (GTEC)
Manufactures forklift transmission systems and integrated powertrains for PRC equipment manufacturers.
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Sells transmission systems and integrated powertrains to forklift manufacturers through unit sales. Reports a single operating segment, while the U.S. HEVI electric-equipment business is suspended amid tariff-policy uncertainty.
Designs, manufactures, and sells transmission systems and integrated powertrains primarily for forklift trucks used in manufacturing and logistics. Revenue comes from unit sales to forklift manufacturers, with more than 100 PRC customers cited in the latest annual filing.
Operates through PRC subsidiaries, where manufacturing, customers, and most employees are based, while corporate headquarters are in New Jersey. A U.S. subsidiary, HEVI, retains a catalog of electric forklifts, loaders, excavators, and mobile DC chargers, but substantially all operations are suspended amid tariff-policy uncertainty.
Reports one operating segment, with forklift transmission boxes generating most revenue. Class B shares concentrate shareholder voting control with the chairman.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $35.4M · Total debt $20.3M · Total assets $147.5M · Shareholders' equity $88.7M
- Revenue
- $29.9M
- Operating income
- $6.0M
- Net income
- $3.5M
No dividends on record.
| Institutions | 1.73% | 458.7K shares | |
|---|---|---|---|
| 13 holders · as of Jun 30, 2026 | |||
| Insiders | 22.65% | 6.01M shares | |
| 1 holder · as of Jun 12, 2025 | |||
| Other | 75.62% | 20.07M shares | |
| remainder | |||
26.54M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Peter Wang1Insiderdirector, 10 percent owner | 22.65% | 6.01M | filed Jun 12, 2025 |
HGC Investment Management Inc.Institution | 1.31% | 346,667 | filed Feb 13, 2019 |
Acadian Asset Management LLCInstitution | 0.66% | 175,660 A | as of Jun 30, 2026 |
Citadel Advisors LLCInstitution | 0.49% | 128,990 A | as of Jun 30, 2026 |
Mariner, LLCInstitution | 0.15% | 40,596 A | as of Jun 30, 2026 |
- The filed share classes (COMMON) could not be matched to the company's, so no percentage.
Insider tradesForm 4
Nothing filed in the last 12 months.
- Allison Transmission
Large global supplier of lift-truck and off-highway drive systems.
CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Greenland Technologies | $1.19 | −0.83% | $29.5M | 1.9 | — | 0.3 | +37.6% |
| Allison Transmission | $115.38 | 0.00% | $9.86B | 18.9 | 11.1 | 2.7 | +92.4% |
| Median | 18.9 | 11.1 | 2.7 | +92.4% |