Greenland Technologies Holding (GTEC) Interest Expenses (2019 - 2026)
Greenland Technologies Holding's (GTEC) quarterly Interest Expenses came in at $2.9 million in Q1 2026, up 2.08% YoY from $2.8 million in Q1 2025, and little changed on a QoQ basis from $2.9 million in Q4 2025.
Greenland Technologies Holding (GTEC) Interest Expenses (2019 - 2026) Analysis & Trends
Greenland Technologies Holding (GTEC) has 8 years of Interest Expenses data on file, last reported at $2.9 million in Q1 2026.
- Quarterly Interest Expenses rose 2.08% year-over-year to $2.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.9 million (up 2.08% YoY) and the FY2025 annual result came in at $2.9 million, up 26.65% from the prior year.
- Interest Expenses was little changed at $2.9 million in Q1 2026, from $2.9 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $2.9 million in Q1 2026 to a low of -$5082.0 in Q4 2024.
- A 5-year average of $1.2 million and a median of $602020.0 in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2024 — Interest Expenses tumbled 114.55% — and 2025, when it surged 57098.48%.
- Tracing GTEC's Interest Expenses over 5 years: stood at $80327.0 in 2022, then slumped by 56.52% to $34923.0 in 2023, then plunged by 114.55% to -$5082.0 in 2024, then surged by 57098.48% to $2.9 million in 2025, then rose by 0.26% to $2.9 million in 2026.
- The last three Interest Expenses figures came in at $2.9 million (Q1 2026), $2.9 million (Q4 2025), and $2.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | 69.87 Mn |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | 25.28 Mn |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | - |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | - |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | - |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | - |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | 62.00 Mn |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 26.00 Mn |
| 10 | Greenland Technologies Holding | 25.70 Mn | -6.61 Mn | 9.54 Mn | 10,453.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.93 Mn |
| Jun 30, 2026 | 2.93 Mn |
| Mar 31, 2026 | 2.90 Mn |
| Mar 31, 2026 | 2.90 Mn |
| Dec 31, 2025 | 2.90 Mn |
| Dec 31, 2025 | 2.90 Mn |
| Sep 30, 2025 | 2.86 Mn |
| Sep 30, 2025 | 2.86 Mn |
| Jun 30, 2025 | 2.86 Mn |
| Jun 30, 2025 | 2.86 Mn |
| Mar 31, 2025 | 2.84 Mn |
| Mar 31, 2025 | 2.84 Mn |
| Dec 31, 2024 | -5,082.00 |
| Dec 31, 2024 | -5,082.00 |
| Sep 30, 2024 | 619,552.00 |
| Sep 30, 2024 | 619,552.00 |
| Jun 30, 2024 | 315,756.00 |
| Jun 30, 2024 | 315,756.00 |
| Mar 31, 2024 | 470,644.00 |
| Mar 31, 2024 | 470,644.00 |