Greenland Technologies Holding (GTEC) Tax Rate (2019 - 2026)

Greenland Technologies Holding (GTEC) posted Tax Rate of 14.87% for Q1 2026, down 81.53% quarter-over-quarter from 80.49% in Q4 2025, and down 127.0% year-on-year from 55.06% in Q1 2025.

Greenland Technologies Holding (GTEC) Tax Rate (2019 - 2026) Analysis & Trends

Greenland Technologies Holding (GTEC) has reported Tax Rate for 8 consecutive years, with 14.87% the latest figure, recorded in Q1 2026.

  • Tax Rate for Q1 2026 came in at 14.87%, down 127.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.1% (up 1334.0% YoY), and the FY2025 annual result was 29.0%, up 1992.0% from the prior year.
  • Tax Rate was 14.87% for Q1 2026 at Greenland Technologies Holding, down from 80.49% in the prior quarter.
  • Over five years, Tax Rate peaked at 81.85% in Q3 2023 and troughed at 44.43% in Q2 2025.
  • Average Tax Rate over 5 years is 18.16%, with a median of 12.26% recorded in 2025.
  • The widest YoY moves for Tax Rate: up 6931 bps in 2025, down 5481 bps in 2025.
  • Over 5 years, Tax Rate stood at 16.18% in 2022, then sank by 105 bps to 0.75% in 2023, then surged by 1592 bps to 11.18% in 2024, then surged by 620 bps to 80.49% in 2025, then sank by 82 bps to 14.87% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 14.87% in Q1 2026, 80.49% in Q4 2025, and 12.26% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn 885.71%
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn 21.12%
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn 101.15%
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn 23.17%
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn -
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn 22.26%
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 28.42%
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 29.70%
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn -21.56%
10 Greenland Technologies Holding 300,000.01 -17.38 Mn 8.76 Mn 14.87%

Historic Data

Download Data
DateValue
Mar 31, 2026 14.87%
Mar 31, 2026 14.87%
Dec 31, 2025 80.49%
Dec 31, 2025 80.49%
Sep 30, 2025 12.26%
Sep 30, 2025 12.26%
Jun 30, 2025 -44.43%
Jun 30, 2025 -44.43%
Mar 31, 2025 16.14%
Mar 31, 2025 16.14%
Dec 31, 2024 11.18%
Dec 31, 2024 11.18%
Sep 30, 2024 48.93%
Sep 30, 2024 48.93%
Jun 30, 2024 10.39%
Jun 30, 2024 10.39%
Mar 31, 2024 -5.50%
Mar 31, 2024 -5.50%
Dec 31, 2023 -0.75%
Dec 31, 2023 -0.75%