Greenland Technologies Holding (GTEC) Tax Provisions (2019 - 2026)
Greenland Technologies Holding's (GTEC) quarterly Tax Provisions came in at $1.0 million in Q1 2026, up 14.3% YoY from $878275.0 in Q1 2025, and up 15.96% on a QoQ basis from $865745.0 in Q4 2025.
Greenland Technologies Holding (GTEC) Tax Provisions (2019 - 2026) Analysis & Trends
Greenland Technologies Holding (GTEC) has 8 years of Tax Provisions data on file, last reported at $1.0 million in Q1 2026.
- Quarterly Tax Provisions rose 14.3% year-over-year to $1.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.6 million (up 41.2% YoY) and the FY2025 annual result came in at $3.5 million, up 132.24% from the prior year.
- Tax Provisions climbed to $1.0 million in Q1 2026, from $865745.0 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $1.0 million in Q1 2026 to a low of -$693044.0 in Q4 2022.
- A 5-year average of $496343.7 and a median of $619370.0 in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions plunged 50896.62% — and 2025, when it soared 572.19%.
- Tracing GTEC's Tax Provisions over 5 years: stood at -$693044.0 in 2022, then surged by 132.85% to $227667.0 in 2023, then surged by 195.92% to $673708.0 in 2024, then climbed by 28.5% to $865745.0 in 2025, then grew by 15.96% to $1.0 million in 2026.
- The last three Tax Provisions figures came in at $1.0 million (Q1 2026), $865745.0 (Q4 2025), and $920297.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | 209.01 Mn |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | 171.78 Mn |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | 120.00 Mn |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | 66.27 Mn |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | 81.00 Mn |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 47.00 Mn |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | 52.00 Mn |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 53.00 Mn |
| 10 | Greenland Technologies Holding | 25.70 Mn | -6.61 Mn | 9.54 Mn | 1.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.24 Mn |
| Mar 31, 2026 | 1.00 Mn |
| Dec 31, 2025 | 865,745.00 |
| Sep 30, 2025 | 920,297.00 |
| Jun 30, 2025 | 848,920.00 |
| Mar 31, 2025 | 878,275.00 |
| Dec 31, 2024 | 673,708.00 |
| Sep 30, 2024 | 344,250.00 |
| Jun 30, 2024 | 680,801.00 |
| Mar 31, 2024 | -186,001.00 |
| Dec 31, 2023 | 227,667.00 |
| Sep 30, 2023 | 878,922.00 |
| Jun 30, 2023 | 304,815.00 |
| Mar 31, 2023 | 296,858.00 |
| Dec 31, 2022 | -693,044.00 |
| Sep 30, 2022 | 518,931.00 |
| Jun 30, 2022 | 254,434.00 |
| Mar 31, 2022 | 619,370.00 |
| Dec 31, 2021 | -1,359.00 |
| Sep 30, 2021 | 927,844.00 |