Cost of Goods Sold (Annual)

Cost of Goods Sold: The difference between beginning and ending inventories for tangible products, resulting in an expense that reflects production and sales costs.

Greenland Technologies Holding Corporation (GTEC) had Cost of Goods Sold of $61.41M for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$83.94M
Net Income	$14.07M
Cost of Goods Sold	$61.41M
Gross Profit	$22.53M
Operating Expenses	$71.35M
Operating Income	$12.59M
Non-Operating Income/Expense	$4.07M
Pre-Tax Income	$16.67M
Normalized Pre-Tax Income	$16.66M
Income after Taxes	$15.15M
Income from Continuous Operations	$15.15M
Consolidated Net Income/Loss	$15.15M
Normalized Income after Taxes	$15.15M
EBIT	$12.59M
EBITDA	$14.61M
Weighted-Average Shares Outstanding (Basic)	13.60M
Weighted-Average Shares Outstanding (Diluted)	13.60M
Earnings per Share (EPS) (Basic)	$1.03
Earnings per Share (EPS) (Diluted)	$1.03
Balance Sheet Financials
Current Assets	$92.65M
Property, Plant, and Equipment	$13.14M
Long-Term Assets	$22.93M
Total Assets	$115.58M
Current Liabilities	$57.54M
Long-Term Debt	$1.17M
Long-Term Liabilities	$4.77M
Total Liabilities	$62.31M
Common Equity	$53.27M
Tangible Shareholders Equity	$49.91M
Shareholders Equity	$53.27M
Common Shares Outstanding	13.60M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$13.34M
Cash Flow from Investing Activities	$-1.87M
Cash Flow from Financial Activities	$-30.90M
Beginning Cash	$28.19M
End Cash	$8.61M
Increase/Decrease in Cash	$-19.58M
Stock-Based Compensation	--
Common Stock Dividends Paid	$-5.93M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.61
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.02
Debt to Equity Ratio	0.40
Gross Margin	26.84%
Operating Margin	15.00%
EBIT Margin	15.00%
EBITDA Margin	17.41%
Pre-Tax Profit Margin	19.85%
Profit Margin	16.76%
Free Cash Flow	$11.47M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.73
Inventory Turnover	2.63
Receiveable Turnover	5.24
Days Sales in Receivables	69.71
Return on Equity	28.45%
Return on Tangible Equity	30.36%
Return on Assets	13.11%
Return on Investments	27.84%
Book Value Per Share	$3.92
Free Cash Flow per Share	$0.84
Operating Cash Flow per Share	$0.98

Data from Zacks Investment Research, Inc.