Greenland Acquisition Corp
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- Market Cap.:
- $20.51 million
- Book Value:
- Revenue TTM:
- $94.64 million
- Operating Margin TTM:
- Gross Profit TTM:
- $19.59 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
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.
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
- Trailing PE
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
- Capital Expenditure
- Dividend Payout Ratio
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
- 52-Week High
- 52-Week Low
- Analyst Target Price
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.
Frequently Asked Questions About Greenland Acquisition Corp
Similar Industry Stocks (Specialty Industrial Machinery)
Greenland Technologies Holding Corporation develops, manufactures, and sells transmission products for material handling machineries in the People’s Republic of China. The company offers transmission products for forklift trucks that are used in manufacturing and logistic applications, such as factories, workshops, warehouses, fulfillment centers, shipyards, and seaports. It is also involved developing powertrains, as well as electrical industrial vehicles. The company was founded in 2006 and is headquartered in East Windsor, New Jersey.