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GTEC (Greenland Technologies Holding) Pretax Margin % : 31.11% (As of Dec. 2024)


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What is Greenland Technologies Holding Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Greenland Technologies Holding's Pre-Tax Income for the three months ended in Dec. 2024 was $6.03 Mil. Greenland Technologies Holding's Revenue for the three months ended in Dec. 2024 was $19.37 Mil. Therefore, Greenland Technologies Holding's pretax margin for the quarter that ended in Dec. 2024 was 31.11%.

The historical rank and industry rank for Greenland Technologies Holding's Pretax Margin % or its related term are showing as below:

GTEC' s Pretax Margin % Range Over the Past 10 Years
Min: -25.8   Med: 10.28   Max: 19.86
Current: 19.86


GTEC's Pretax Margin % is ranked better than
93.08% of 1301 companies
in the Vehicles & Parts industry
Industry Median: 4.34 vs GTEC: 19.86

Greenland Technologies Holding Pretax Margin % Historical Data

The historical data trend for Greenland Technologies Holding's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Greenland Technologies Holding Pretax Margin % Chart

Greenland Technologies Holding Annual Data
Trend Nov18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pretax Margin %
Get a 7-Day Free Trial 12.93 9.22 4.96 -25.80 19.85

Greenland Technologies Holding Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -133.39 14.89 28.47 3.74 31.11

Competitive Comparison of Greenland Technologies Holding's Pretax Margin %

For the Auto Parts subindustry, Greenland Technologies Holding's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Greenland Technologies Holding's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Greenland Technologies Holding's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Greenland Technologies Holding's Pretax Margin % falls into.


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Greenland Technologies Holding Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Greenland Technologies Holding's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=16.667/83.945
=19.85 %

Greenland Technologies Holding's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=6.026/19.37
=31.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Greenland Technologies Holding  (NAS:GTEC) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Greenland Technologies Holding Pretax Margin % Related Terms

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Greenland Technologies Holding Business Description

Traded in Other Exchanges
N/A
Address
50 Millstone Road, Building 400, Suite 130, Zhejiang, East Windsor, NJ, USA, 08512
Greenland Technologies Holding Corp is a developer of quality solutions in the material handling industry. It is a transmission and drivetrain systems provider for material handling equipment such as forklift trucks for industrial and logistic applications. Geographically, the company has its presence in Domestic and International markets and earns majority of the revenue from Domestic Sales.
Executives
Raymond Z Wang officer: CEO and President STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Peter Wang director, 10 percent owner
Jing Jin officer: Chief Financial Officer STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Ming Zhao director 1ST FLOOR, YUZHENG PLAZA, NO. 76, YUHUANGSHAN ROAD, HANGZHOU, ZHEJIANG PROVINCE F4 00000
Bo Shen director 11-F, BUILDING 12, SUNKIN PLAZA, GAOJIAO ROAD, HANGZHOU, ZHEJIANG F4 311122
Charles Athle Nelson director 11-F, BUILDING 12, SUNKING PLAZA, GAOJIAO ROAD, HANGZHOU, ZHEJIANG F4 311122
Min Zhang director STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Everett Xiaolin Wang director STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Liu Yanming director, 10 percent owner SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Lei Chen officer: Chief Scientist STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Greenland Asset Management Corp 10 percent owner WEST WING, YONGDA INTERNATIONAL TOWER, NO. 2277 LONGYANG ROAD, PUDONG SHANGHAI F4 100006
Hong Liang Lu director C/O UTSTARCOM INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Cui Shan director SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Tao Tang director SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Jerry Zheng officer: COO SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006