Greenland Technologies (GTEC)

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Greenland Technologies (GTEC) - 2024 Q4 - Annual Report
2025-03-26 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ______ TO ______ COMMISSION FILE NUMBER 001-38605 GREENLAND TECHNOLOGIES HOLDING CORPORATION (Exact name of Registrant as specified in its charter) British Virgin Islands 001-38 ...
Greenland Technologies Fiscal Full Year 2024 Net Income Surges to $15.15 Million
Prnewswire· 2025-03-26 20:05
Fiscal Full Year 2024 Operating Expenses Reduced by 28% YoY; Earnings Per Share Jumps to $1.03 Per Basic and Diluted Share From a Loss of $1.20 Per Basic and Diluted Share EAST WINDSOR, N.J., March 26, 2025 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced its audited financial results for the fi ...
Big Oil isn't big on ‘drill, baby drill' — turning Trump to Canada and Greenland
MarketWatch· 2025-03-04 12:35
Here’s something that usually surprises people: The United States is the world’s top exporter of gasoline. About one-sixth — 16% — of global gasoline exports originates in the U.S. This critical export provides Americans with jobs and eases the U.S. trade deficit. It also keeps other countries dependent on us — the kind of economic leverage President Trump is always talking about. The U.S. can do this because the country is awash in oil and gas. The U.S. outproduces the world. More than Saudi Arabia. More ...
GTEC Surges 65% in 6 Months: Is it the Right Time to Buy the Stock?
ZACKS· 2025-02-04 19:26
Greenland Technology (GTEC) shares have surged 65.2% over the trailing six-month period, outperforming the Zacks Computer & Technology sector’s appreciation of 18.2% and the Zacks Miscellaneous Products industry’s decline of 32.3%.GTEC shares have also outperformed its industry peers, Bel Fuse (BELFB) and Flex (FLEX) . BELFB and FLEX shares have rallied 28% and 43.6% over the trailing six-month period, respectively.The company’s strong performance can be attributed to its diversified customer base and the r ...
Despite Fast-paced Momentum, Greenland Technologies (GTEC) Is Still a Bargain Stock
ZACKS· 2025-01-31 14:50
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...
Pulsar Helium Announces Successful Completion of Passive Seismic Survey at the Tunu Project in Greenland
GlobeNewswire News Room· 2025-01-30 07:00
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES OF AMERICA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS. CASCAIS, Po ...
Here's why Trump's pursuit of Greenland is really about the control over the Arctic
CNBC· 2025-01-26 13:30
President Donald Trump has reiterated his desire to buy Greenland, and refused to rule out using military or economic coercion to achieve his goal of controlling the autonomous territory of Denmark. .However, the United States isn't the only country with an eye on the region. In 2018, a Chinese state-owned company bid roughly $550 million to expand two airports in Greenland, but the bid was ultimately withdrawn. Meanwhile, Russia has been reopening old Soviet military bases across the Arctic since 2015, inc ...
Is Greenland Technologies (GTEC) Outperforming Other Computer and Technology Stocks This Year?
ZACKS· 2025-01-24 15:41
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Greenland Technologies Holding Corporation (GTEC) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Greenland Technologies Holding Corporation is a member of our Computer and Technology group, which includes 608 different companies and currently sits at #2 in the Zacks Sector Rank. The Zacks Sector Rank consider ...
Are Investors Undervaluing Greenland Technologies (GTEC) Right Now?
ZACKS· 2025-01-22 15:41
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current ...
Greenland's melting ice is clearing the way for a mineral ‘gold rush'
CNBC· 2025-01-17 06:17
Core Insights - Major ice loss in Greenland is making critical mineral reserves more accessible, potentially leading to a mineral "gold rush" for mining companies [1][3][4] - The changing environment is transforming Greenland, with parts of the ice sheet being replaced by wetlands and shrub areas due to human-caused global warming [2] - The retreat of ice is facilitating easier access to remote areas, enhancing logistical capabilities for mining operations [3][6] Mining Opportunities - Mining companies like 80 Mile are actively developing projects in Greenland, including oil and titanium projects, and the Disko project, which may host significant nickel and copper deposits [4][5] - The melting ice has improved logistical conditions, allowing large ships to reach ore bodies more easily, as noted by Critical Metals Corporation [6][7] - Greenland is seen as a potential alternative to China's dominance in rare earth elements, with the island's government open to closer ties with the U.S. for mining [10][11] Resource Potential - A 2023 survey identified 38 raw materials in Greenland, with many having high or moderate potential, including rare earth metals and significant deposits of lithium, uranium, and gold [12][13] - Greenland is characterized as a "greenfield exploration area," indicating that while there are known resources, many deposits are still in early exploration stages [14] - Despite the potential, current mining activity is limited, and extraction progress may take considerable time [14]