Greenland Technologies Holding (GTEC) Tax Provisions (2019 - 2026)
Greenland Technologies Holding (GTEC) reported Tax Provisions of $1.0 million for Q1 2026, up 14.3% on a YoY basis from $878275.0 in Q1 2025, and up 16.15% quarter-over-quarter from $864330.0 in Q4 2025.
Greenland Technologies Holding (GTEC) Tax Provisions (2019 - 2026) Analysis & Trends
Greenland Technologies Holding has reported Tax Provisions for 8 years, with the latest figure at $1.0 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 14.3% year-over-year to $1.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.6 million (up 41.15% YoY), and the FY2025 full-year result was $3.5 million, up 132.15% from the prior year.
- Tax Provisions for Q1 2026 stood at $1.0 million, up from $864330.0 in the prior quarter.
- The five-year high for Tax Provisions was $1.0 million in Q1 2026, with the low at -$693044.0 in Q4 2022.
- Historically, Tax Provisions has averaged $496260.5 across 5 years, with a median of $619370.0 in 2022.
- Annual changes were most pronounced in 2022 — Tax Provisions plunged 50896.62% — and 2025, when it soared 572.19%.
- Greenland Technologies Holding's Tax Provisions 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 advanced by 28.29% to $864330.0 in 2025, then increased by 16.15% to $1.0 million in 2026.
- The last three Tax Provisions figures came in at $1.0 million (Q1 2026), $864330.0 (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 | 76.00 Bn | 75.75 Bn | 2.35 Bn | 175.91 Mn |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 171.78 Mn |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 8.30 Mn |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 73.00 Mn |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 56.86 Mn |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 81.00 Mn |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | - |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 88.00 Mn |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 20.00 Mn |
| 10 | Greenland Technologies Holding | 12.74 Mn | -4.94 Mn | 8.76 Mn | 1.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.00 Mn |
| Dec 31, 2025 | 864,330.00 |
| 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 |
| Jun 30, 2021 | 394,159.00 |