Greenland Technologies Holding (GTEC) Asset Utilization Ratio (2020 - 2026)

Greenland Technologies Holding has reported Asset Utilization Ratio for 7 years, with the latest figure at 0.75 in Q1 2026.

• For the quarter ending Q1 2026, Asset Utilization Ratio rose 5.88% year-over-year to 0.75; the trailing twelve-month figure through Mar 2026 stood at 0.75 (up 5.88% YoY), and the FY2025 full-year result was 0.78, up 14.91% from the prior year.
• Asset Utilization Ratio for Q1 2026 stood at 0.75, down from 0.76 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 0.76 in Q4 2025, with the low at 0.54 in Q1 2023.
• Historically, Asset Utilization Ratio has averaged 0.65 across 5 years, with a median of 0.67 in 2025.
• Annual changes were most pronounced in 2023 — Asset Utilization Ratio decreased 15.47% — and 2024, when it rose 25.92%.
• Greenland Technologies Holding's Asset Utilization Ratio stood at 0.58 in 2022, then rose by 7.34% to 0.62 in 2023, then rose by 10.79% to 0.69 in 2024, then rose by 9.8% to 0.76 in 2025, then decreased by 1.17% to 0.75 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.75 (Q1 2026), 0.76 (Q4 2025), and 0.7 (Q3 2025), per Business Quant data.