Greenland Technologies Holding (GTEC) Interest Expenses (2019 - 2026)
Greenland Technologies Holding's (GTEC) quarterly Interest Expenses came in at $10453.0 in Q2 2026, down 68.68% quarter-over-quarter from $33380.0 in Q1 2026.
Analysis
Greenland Technologies Holding (GTEC) Interest Expenses (2019 - 2026) Analysis & Trends
Greenland Technologies Holding (GTEC) has reported Interest Expenses for 7 consecutive years, with $10453.0 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expenses changed N/A year-over-year to $10453.0; the trailing twelve-month figure through Jun 2026 stood at $48228.0 (changed N/A YoY), and the FY2025 full-year result was $111663.0, up 32.55% from the prior year.
- Interest Expenses declined to $10453.0 in Q2 2026 per GTEC's latest filing, from $33380.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $125981.0 in Q3 2022 and bottomed at -$5082.0 in Q4 2024.
- Historically, Interest Expenses has averaged $55818.1 across 4 years, with a median of $55166.5 in 2023.
- The sharpest annual moves came in 2022 and 2024: Interest Expenses advanced 18.29% in 2022, then sank 116.15% in 2024.
- Over 4 years, Interest Expenses stood at $80327.0 in 2022, then slumped by 60.83% to $31461.0 in 2023, then tumbled by 116.15% to -$5082.0 in 2024, then jumped by 305.69% to $10453.0 in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $10453.0, $33380.0, and -$5082.0 for Q2 2026, Q1 2026, and Q4 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 85.28 Bn | 81.95 Bn | 2.68 Bn | - |
| 2 | Illinois Tool Works | 75.67 Bn | 74.83 Bn | 1.90 Bn | 79.00 Mn |
| 3 | Ametek | 54.19 Bn | 53.69 Bn | 735.04 Mn | 30.10 Mn |
| 4 | Rockwell Automation | 47.43 Bn | 46.95 Bn | 1.14 Bn | 33.00 Mn |
| 5 | Mettler Toledo International | 26.01 Bn | 25.96 Bn | 650.22 Mn | 17.25 Mn |
| 6 | Dover | 25.81 Bn | 24.05 Bn | 880.61 Mn | 29.06 Mn |
| 7 | Nordson | 17.47 Bn | 17.36 Bn | 453.73 Mn | 20.82 Mn |
| 8 | Fortive | 17.01 Bn | 16.64 Bn | 695.30 Mn | 35.40 Mn |
| 9 | RBC Bearings | 15.36 Bn | 15.24 Bn | 247.80 Mn | 10.10 Mn |
| 10 | Greenland Technologies Holding | 28.67 Mn | -3.64 Mn | 9.54 Mn | 10,453.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10,453.00 |
| Mar 31, 2026 | 33,380.00 |
| Dec 31, 2024 | -5,082.00 |
| Sep 30, 2024 | 9,477.00 |
| Jun 30, 2024 | 36,008.00 |
| Mar 31, 2024 | 43,840.00 |
| Dec 31, 2023 | 31,461.00 |
| Sep 30, 2023 | 72,952.00 |
| Jun 30, 2023 | 79,504.00 |
| Mar 31, 2023 | 66,493.00 |
| Dec 31, 2022 | 80,327.00 |
| Sep 30, 2022 | 125,981.00 |
| Jun 30, 2022 | 91,651.00 |
| Mar 31, 2022 | 105,009.00 |
| Dec 31, 2021 | 78,905.00 |
| Sep 30, 2021 | 106,506.00 |
| Jun 30, 2021 | 221,664.00 |
| Mar 31, 2021 | 180,189.00 |
| Dec 31, 2020 | -11,890.00 |
| Sep 30, 2020 | 231,760.00 |