Greenland Technologies Holding (GTEC) Tax Provisions (2019 - 2026)
Greenland Technologies Holding's Tax Provisions was $1.24 million in Q2 2026, up 45.8% from $848,920 a year earlier and up 23.3% from the prior quarter.
Greenland Technologies Holding (GTEC) Tax Provisions (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Greenland Technologies Holding's Tax Provisions was $4.03 million through Jun 30, 2026, up 46.7% year-over-year; for FY2025, it came in at $3.51 million, up 132.1% from FY2024.
- Tax Provisions shows a five-year compound annual growth rate of 9.1% (FY2020 to FY2025).
- In earlier years, Tax Provisions was $1.51 million in FY2024 (-11.4%), $1.71 million in FY2023 (+144.1%), $699,691 in FY2022 (-62.0%) and $1.84 million in FY2021 (-18.9%).
- The Q2 2026 figure marks the highest quarterly Tax Provisions since Q4 2020.
- Compared with a year earlier, Tax Provisions has increased for five straight quarters, with growth averaging 59.4% over the last seven quarters.
- The best year-over-year quarter for Tax Provisions over five years was Q4 2024 (growth of 195.9%); the worst was Q3 2024 (a decline of 60.8%).
- Per Business Quant data, GTEC's Tax Provisions in the three quarters before Q2 2026 was $1 million (Q1 2026), $864,330 (Q4 2025) and $920,297 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 1.06 Bn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 604.30 Mn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 529.00 Mn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 321.00 Mn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 248.00 Mn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 122.20 Mn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 198.00 Mn |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 183.00 Mn |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 265.00 Mn |
| 10 | Greenland Technologies Holding | 22.30 Mn | -112.35 Mn | 9.54 Mn | 1.24 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.24 Mn |
| 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 |
Greenland Technologies Holding Tax Provisions 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=tax-provisions&ticker=GTEC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "GTEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=GTEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();