Greenland Acquisition Corp

Company Profile

Greenland Acquisition Corp had its IPO on 2018-08-08 under the ticker symbol GTEC.

The company operates in the Industrials sector and Specialty Industrial Machinery industry. Greenland Acquisition Corp has a staff strength of 328 employees.

Stock update

Shares of Greenland Acquisition Corp opened at $1.56 at the start of the last trading session i.e. 2023-03-31.

The stocks traded within a range of $1.56 - $1.63, and closed at $1.63.

This is a +3.16% increase from the previous day's closing price.

A total volume of 26,215 shares were traded at the close of the day’s session.

In the last one week, shares of Greenland Acquisition Corp have slipped by -5.23%.

Greenland Acquisition Corp's Key Ratios

Greenland Acquisition Corp has a market cap of $20.51 million, indicating a price to book ratio of 0.3493 and a price to sales ratio of 0.2499.

In the last 12-months Greenland Acquisition Corp’s revenue was $94.64 million with a gross profit of $19.59 million and an EBITDA of $10.03 million. The EBITDA ratio measures Greenland Acquisition Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Greenland Acquisition Corp’s operating margin was 7.97% while its return on assets stood at 2.99% with a return of equity of 10.43%.

In Q3, Greenland Acquisition Corp’s quarterly earnings growth was a positive 11.1% while revenue growth was a negative 5.6%.

Greenland Acquisition Corp’s PE and PEG Ratio

Forward PE

2.6853

Trailing PE

3.6744

PEG

Its diluted EPS in the last 12-months stands at $0.43 per share while it has a forward price to earnings multiple of 2.6853 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Greenland Acquisition Corp’s profitability.

Greenland Acquisition Corp stock is trading at a EV to sales ratio of 0.5087 and a EV to EBITDA ratio of 3.9816. Its price to sales ratio in the trailing 12-months stood at 0.2499.

Greenland Acquisition Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$157.68 million

Total Liabilities

$70.26 million

Operating Cash Flow

$177958.00

Capital Expenditure

$229602

Dividend Payout Ratio

0%

Greenland Acquisition Corp ended 2023 with $157.68 million in total assets and $0 in total liabilities. Its intangible assets were valued at $157.68 million while shareholder equity stood at $70.59 million.

Greenland Acquisition Corp ended 2023 with $0 in deferred long-term liabilities, $70.26 million in other current liabilities, in common stock, $38.22 million in retained earnings and $3890.00 in goodwill. Its cash balance stood at $11.31 million and cash and short-term investments were $23.55 million. The company’s total short-term debt was $44,745,117 while long-term debt stood at $0.

Greenland Acquisition Corp’s total current assets stands at $135.34 million while long-term investments were $0 and short-term investments were $12.24 million. Its net receivables were $85.41 million compared to accounts payable of $23.95 million and inventory worth $21.88 million.

In 2023, Greenland Acquisition Corp's operating cash flow was $177958.00 while its capital expenditure stood at $229602.

Comparatively, Greenland Acquisition Corp paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$1.63

52-Week High

$4.97

52-Week Low

$1.5

Analyst Target Price

$12

Greenland Acquisition Corp stock is currently trading at $1.63 per share. It touched a 52-week high of $4.97 and a 52-week low of $4.97. Analysts tracking the stock have a 12-month average target price of $12.

Its 50-day moving average was $2.11 and 200-day moving average was $2.79 The short ratio stood at 0.26 indicating a short percent outstanding of 0%.

Around 5291.4% of the company’s stock are held by insiders while 973.8% are held by institutions.