Greenland Technologies Holding
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Greenland Technologies Holding's balance sheet done over the years? Its assets were worth $130,476,967 last year, which is less than in the previous period. 61% of Greenland Technologies Holding’s total assets is currently financed by debt. Its liabilities reached the amount of $79,823,566, which means an increase by 14% compared compared to last year.
Debt to Assets
| 2017 | 108455701 | 73.37M | 67.66% |
|---|---|---|---|
| 2018 | 111414832 | 71.77M | 64.42% |
| 2019 | 106483843 | 59.52M | 55.9% |
| 2020 | 131978737 | 81.31M | 61.61% |
| 2021 | 162568442 | 87.72M | 53.96% |
| 2022 | 155115341 | 70.19M | 45.26% |
| 2023 | 130476967 | 79.82M | 61.18% |
GTEC Balance Sheet (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 22.98M | 16.29M | 11.06M | 7.15M | 2.12M | 5.56M | 1.31M |
Short term investments | 2.81M | 7.80M | 2.10M | 0 | 0 | 44.30M | 10.57M |
Net receivables | 43.84M | 79.75M | 93.14M | 81.74M | 64.17M | 26.51M | 24.93M |
Inventory | 24.88M | 23.09M | 25.80M | 15.38M | 9.97M | 12.40M | 8.98M |
Other current assets | 5.48M | 1.56M | 14.51K | 664.92K | 327.55K | 325.55K | 4.11M |
Total current assets | 99.79M | 132.36M | 139.30M | 107.64M | 80.23M | 48.24M | 49.92M |
Non-current assets: | |||||||
Property, Plant and Equipment | 15.82M | 18.21M | 19.03M | 20.13M | 20.63M | 22.05M | 18.77M |
Goodwill | 0 | 0 | 3.89K | 3.89K | 3.89K | 3.95K | 4.15K |
Intangible assets | 3.63M | 3.78M | 4.03M | 4.03M | 3.86M | 3.88M | 4.05M |
Long term investments | 9.91M | 250K | 0 | 0 | 430.03K | 36.63M | 0 |
Other non-current assets | 1.05M | 283.11K | 44.09K | 2.36K | 798.42K | 2.91K | 35.70M |
Total non-current assets | 30.68M | 22.75M | 23.26M | 24.33M | 26.24M | 63.16M | 58.53M |
Total assets | 130.47M | 155.11M | 162.56M | 131.97M | 106.48M | 111.41M | 108.45M |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | 137.98K | 227.43K | 387.91K | 366.02K | 132.19K | 68.58K | 0 |
Short term debt | 40.24M | 39.42M | 54.92M | 52.96M | 31.91M | 36.74M | 17.61M |
Total current liabilities | 72.52M | 66.20M | 85.46M | 78.80M | 55.99M | 63.22M | 63.85M |
| Non-current liabilities: | |||||||
Long term debt | 1.68M | 2.17M | 47.61K | 166.29K | 1.34M | 6.55M | 7.65M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 5.61M | 5.48M | 2.21M | 2.34M | 2.17M | 1.99M | 1.87M |
Total non-current liabilities | 7.29M | 3.98M | 2.26M | 2.50M | 3.52M | 8.55M | 9.52M |
Total liabilities | 79.82M | 70.19M | 87.72M | 81.31M | 59.52M | 71.77M | 73.37M |
| Data source | Data source | Data source | Data source | Data source | Data source |