Greenland Technologies Holding Corporation (Nasdaq:GTEC) is a technology-driven manufacturer and developer of electric industrial vehicles and drivetrain systems in China. The company produces a wide range of electric vehicles for industrial use, along with developing electric drivetrain systems for its own products and other third-party manufacturers. The company has a vertically integrated business model with in-house research and development, design, and manufacturing capabilities, allowing it to control the quality of its products and reduce production costs.
Comps: NN, Inc. (Nasdaq:NNBR), TechPrecision Corporation (OTCMKTS:TPCS)
When looking at similar industrial component manufacturers, Greenland Technologies Holding Corporation outperforms its peers in notable areas. Its earnings per share, price-to-earnings ratio, profit margin, return-on-equity, and net income surpass those of its competitors. Additionally, it outperformed TechPrecision Corporation in terms of revenue generation, indicating a stronger market position. Overall, Greenland Technologies Holding Corporation is a leader in the industry, demonstrating solid financials and growth potential.