Greenland Technologies Holding (GTEC) Tax Rate (2019 - 2026)
Greenland Technologies Holding posted quarterly Tax Rate of 14.87% for Q1 2026, down 127.0% year-on-year from 55.06% in Q1 2025, and down 81.53% on a QoQ basis from 80.49% in Q4 2025.
Greenland Technologies Holding (GTEC) has 8 years of Tax Rate data on file, last reported 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.
- Across five years, Tax Rate topped out at 81.85% in Q3 2023 and bottomed at 44.43% in Q2 2025.
- The 5-year median for Tax Rate is 12.26% (2025), against an average of 18.16%.
- Peak annual rise in Tax Rate reached 6931 bps in 2025, while the deepest fall reached 5481 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 16.18% in 2022, then sank by 105 bps to 0.75% in 2023, then soared by 1592 bps to 11.18% in 2024, then soared by 620 bps to 80.49% in 2025, then sank 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 | 77.46 Bn | 77.21 Bn | 2.35 Bn | 22.55 |
| 2 | Autozone | 56.88 Bn | 56.59 Bn | 2.24 Bn | 20.70 |
| 3 | Genuine Parts | 13.45 Bn | 12.97 Bn | 2.34 Bn | 23.17 |
| 4 | Modine Manufacturing | 13.16 Bn | 13.07 Bn | 186.10 Mn | -21.56 |
| 5 | Borgwarner | 13.07 Bn | 13.23 Bn | 677.00 Mn | 22.26 |
| 6 | Aptiv | 11.89 Bn | 8.82 Bn | 920.00 Mn | 28.42 |
| 7 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | - |
| 8 | Allison Transmission Holdings | 9.02 Bn | 8.71 Bn | 406.00 Mn | 15.15 |
| 9 | Autoliv | 9.01 Bn | 8.66 Bn | 526.00 Mn | 29.70 |
| 10 | Greenland Technologies Holding | 12.03 Mn | -5.64 Mn | 8.76 Mn | 14.87 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | 81.85 |
| Sep 30, 2023 | 81.85 |
| Jun 30, 2023 | 9.39 |
| Jun 30, 2023 | 9.39 |
| Mar 31, 2023 | 10.77 |
| Mar 31, 2023 | 10.77 |
| Dec 31, 2022 | 16.18 |
| Dec 31, 2022 | 16.18 |
| Sep 30, 2022 | 19.83 |
| Sep 30, 2022 | 19.83 |
| Jun 30, 2022 | 9.66 |
| Jun 30, 2022 | 9.66 |
| Mar 31, 2022 | 17.53 |
| Mar 31, 2022 | 17.53 |
| Dec 31, 2021 | -0.33 |
| Dec 31, 2021 | -0.33 |
| Sep 30, 2021 | 42.53 |
| Sep 30, 2021 | 42.53 |
| Jun 30, 2021 | 11.11 |
| Jun 30, 2021 | 11.11 |
| Mar 31, 2021 | 17.62 |
| Mar 31, 2021 | 17.62 |
| Dec 31, 2020 | 30.23 |
| Dec 31, 2020 | 30.23 |
| Sep 30, 2020 | 42.96 |
| Sep 30, 2020 | 42.96 |
| Jun 30, 2020 | 6.12 |
| Jun 30, 2020 | 6.12 |
| Mar 31, 2020 | 13.04 |
| Mar 31, 2020 | 13.04 |
| Dec 31, 2019 | 10.80 |
| Dec 31, 2019 | 10.80 |
| Jun 30, 2019 | 19.61 |
| Jun 30, 2019 | 19.61 |
| Mar 31, 2019 | 13.30 |
| Mar 31, 2019 | 13.30 |