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 330 employees.

Stock update

Shares of Greenland Acquisition Corp opened at $4.01 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.78 - $4.24, and closed at $4.01.

This is a +3.08% increase from the previous day's closing price.

A total volume of 357,417 shares were traded at the close of the day’s session.

In the last one week, shares of Greenland Acquisition Corp have increased by +16.91%.

Greenland Acquisition Corp's Key Ratios

Greenland Acquisition Corp has a market cap of $44.52 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 $86.64 million with a gross profit of $19.59 million and an EBITDA of $8.45 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 7.11% while its return on assets stood at 2.53% with a return of equity of 8.31%.

In Q2, Greenland Acquisition Corp’s quarterly earnings growth was a positive 38.5% while revenue growth was a positive 14.4%.

Greenland Acquisition Corp’s PE and PEG Ratio

Forward PE

2.6853

Trailing PE

10.7188

PEG

Its diluted EPS in the last 12-months stands at $0.32 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

$154.20 million

Total Liabilities

$65.29 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Greenland Acquisition Corp ended 2024 with $154.20 million in total assets and $0 in total liabilities. Its intangible assets were valued at $154.20 million while shareholder equity stood at $72.07 million.

Greenland Acquisition Corp ended 2024 with $0 in deferred long-term liabilities, $65.29 million in other current liabilities, in common stock, $41.07 million in retained earnings and $0 in goodwill. Its cash balance stood at $15.23 million and cash and short-term investments were $20.89 million. The company’s total short-term debt was $37,650,431 while long-term debt stood at $0.

Greenland Acquisition Corp’s total current assets stands at $133.31 million while long-term investments were $300000.00 and short-term investments were $5.65 million. Its net receivables were $86.95 million compared to accounts payable of $24.98 million and inventory worth $20.22 million.

In 2024, Greenland Acquisition Corp's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Greenland Acquisition Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$4.01

52-Week High

$5.25

52-Week Low

$1.13

Analyst Target Price

$9.5

Greenland Acquisition Corp stock is currently trading at $4.01 per share. It touched a 52-week high of $5.25 and a 52-week low of $5.25. Analysts tracking the stock have a 12-month average target price of $9.5.

Its 50-day moving average was $2.05 and 200-day moving average was $1.95 The short ratio stood at 2.85 indicating a short percent outstanding of 0%.

Around 5289.1% of the company’s stock are held by insiders while 502.9% are held by institutions.