Greenland Technologies FY 2025 net income falls 43.3% to USD 9 million

Reuters

Yesterday

Greenland Technologies FY 2025 net income falls 43.3% to USD 9 million

Greenland published its annual report on Form 10-K, reporting revenue of USD 90.69 million, up 8.0%.
Gross profit was USD 28.45 million, up 26.2%, as sales volume of transmission products increased.
Operating expenses were USD 20.92 million, more than doubled, driven mainly by higher stock-based compensation, R&D, and inventory provision.
Net income was USD 8.6 million, down 43.3%, while cash and cash equivalents rose 16.8% to USD 7.78 million.
HEVI’s electric industrial vehicle operations have been substantially suspended since 2025 due to uncertainty regarding tariff policy, with management stating it intends to resume operations once the policy environment stabilizes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenland Technologies Holding Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-032928), on March 23, 2026, and is solely responsible for the information contained therein.

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ID: 0001213900-26-032928), on March 23, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4161","symbol_name":"工业机械","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260323:nNDL19gHLV:1","article_id":"2621608433","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2621608433","pubTimestamp":1774297029,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Greenland published its annual report on Form 10-K, reporting revenue of USD 90.69 million, up 8.0%.Gross profit was USD 28.45 million, up 26.2%, as sales volume of transmission products increased.Operating expenses were USD 20.92 million, more than doubled, driven mainly by higher stock-based compensation, R&D, and inventory provision.Net income was USD 8.6 million, down 43.3%, while cash and cash equivalents rose 16.8% to USD 7.78 million.HEVI’s electric industrial vehicle operations have been substantially suspended since 2025 due to uncertainty regarding tariff policy, with management stating it intends to resume operations once the policy environment stabilizes.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenland Technologies","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4161":"工业机械","GTEC":"格陵兰科技"},"translate_title":"绿地科技2025财年净利润下降43.3%至900万美元","themeId":"ab6e84fb0542480d9cf75cb6a9fe5601","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GTEC":0.9},"content_text":"Greenland Technologies FY 2025 net income falls 43.3% to USD 9 million\n    \n\n\n          Greenland published its annual report on Form 10-K, reporting revenue of USD 90.69 million, up 8.0%.\n        \n\n          Gross profit was USD 28.45 million, up 26.2%, as sales volume of transmission products increased.\n        \n\n          Operating expenses were USD 20.92 million, more than doubled, driven mainly by higher stock-based compensation, R&D, and inventory provision.\n        \n\n          Net income was USD 8.6 million, down 43.3%, while cash and cash equivalents rose 16.8% to USD 7.78 million.\n        \n\n          HEVI’s electric industrial vehicle operations have been substantially suspended since 2025 due to uncertainty regarding tariff policy, with management stating it intends to resume operations once the policy environment stabilizes.\n        \n\n\n\n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenland Technologies Holding Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-032928), on March 23, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}