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

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

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

Greenland Technologies Holding has reported Tax Rate for 8 years, with the latest figure at 14.87% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 127.0% year-over-year to 14.87%; the trailing twelve-month figure through Mar 2026 stood at 27.1% (up 1334.0% YoY), and the FY2025 full-year result was 29.0%, up 1992.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 14.87%, down from 80.49% in the prior quarter.
  • The five-year high for Tax Rate was 81.85% in Q3 2023, with the low at 44.43% in Q2 2025.
  • Historically, Tax Rate has averaged 18.16% across 5 years, with a median of 12.26% in 2025.
  • The largest YoY upside for Tax Rate was 6931 bps in 2025 against a maximum downside of 5481 bps in 2025.
  • Greenland Technologies Holding's Tax Rate stood at 16.18% in 2022, then slumped 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 slumped by 82 bps to 14.87% in 2026.
  • The last three Tax Rate figures came in at 14.87% (Q1 2026), 80.49% (Q4 2025), and 12.26% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 O Reilly Automotive 76.00 Bn 75.75 Bn 2.35 Bn 22.55%
2 Autozone 51.46 Bn 51.20 Bn 2.52 Bn 21.12%
3 Modine Manufacturing 15.07 Bn 14.98 Bn 186.10 Mn -21.56%
4 Borgwarner 14.88 Bn 15.05 Bn 677.00 Mn 22.26%
5 Genuine Parts 14.73 Bn 14.25 Bn 2.34 Bn 23.17%
6 Aptiv 13.96 Bn 10.89 Bn 920.00 Mn 28.42%
7 Aurora Innovation 11.93 Bn 10.71 Bn -5.00 Mn -
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 101.15%
9 Allison Transmission Holdings 10.06 Bn 9.75 Bn 406.00 Mn 15.15%
10 Greenland Technologies Holding 12.74 Mn -4.94 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%