Greenland Technologies Holding GTEC
NASDAQ GTEC
$0.63 +0.01 (+1.33%)
At close: Oct 20, 2026 · 4:00 PM EDT

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

Updated

Greenland Technologies Holding's Asset Utilization Ratio was 0.72 in Q2 2026, up 7.3% from 0.67 a year earlier but down 3.5% from the prior quarter.

Analysis

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

For FY2025, Asset Utilization Ratio at Greenland Technologies Holding came in at 0.78, up 14.9% from FY2024.

  • Asset Utilization Ratio has now increased for three consecutive years.
  • In earlier years, Asset Utilization Ratio was 0.68 in FY2024 (+7.9%), 0.63 in FY2023 (+10.6%), 0.57 in FY2022 (-14.8%) and 0.67 in FY2021 (+19.7%).
  • Quarterly Asset Utilization Ratio has moved between 0.54 (Q1 2023) and 0.76 (Q4 2025) over five years.
  • Compared with a year earlier, Asset Utilization Ratio has increased for four straight quarters, with growth averaging 8.0% over the last eight quarters.
  • The best year-over-year quarter for Asset Utilization Ratio over five years was Q1 2024 (growth of 25.9%); the worst was Q4 2021 (a decline of 39.1%).
  • Per Business Quant data, GTEC's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.75 (Q1 2026), 0.76 (Q4 2025) and 0.70 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Caterpillar 334.06 Bn 305.75 Bn 7.76 Bn 0.75
2 Amphenol 195.22 Bn 189.80 Bn 3.55 Bn 0.67
3 Deere 170.77 Bn 138.86 Bn 4.66 Bn 0.45
4 Eaton 148.39 Bn 145.58 Bn 2.86 Bn 0.54
5 Parker-Hannifin 119.49 Bn 117.61 Bn 2.25 Bn 0.70
6 Emerson Electric 89.58 Bn 82.32 Bn 2.66 Bn 0.44
7 3M 88.93 Bn 70.33 Bn 2.68 Bn 0.72
8 Illinois Tool Works 78.81 Bn 75.37 Bn 1.90 Bn 1.01
9 Vertiv Holdings 78.25 Bn 68.87 Bn 1.23 Bn 0.78
10 Greenland Technologies Holding 16.91 Mn -111.89 Mn 9.54 Mn 0.72
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.72
Mar 31, 2026 0.75
Dec 31, 2025 0.76
Sep 30, 2025 0.70
Jun 30, 2025 0.67
Mar 31, 2025 0.71
Dec 31, 2024 0.69
Sep 30, 2024 0.69
Jun 30, 2024 0.68
Mar 31, 2024 0.67
Dec 31, 2023 0.62
Sep 30, 2023 0.55
Jun 30, 2023 0.56
Mar 31, 2023 0.54
Dec 31, 2022 0.58
Sep 30, 2022 0.61
Jun 30, 2022 0.61
Mar 31, 2022 0.63
Dec 31, 2021 0.62
Sep 30, 2021 0.64
API Access

Greenland Technologies Holding Asset Utilization Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=GTEC&period=max&api_key=YOUR_API_KEY