Greenland Technologies Holding Debt-to-Equity Ratio Growth & History (GTEC)
Greenland Technologies Holding's debt-to-equity ratio was 0.04 for fiscal 2025.
View full Greenland Technologies Holding company overviewGreenland Technologies Holding annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.04 | 0.01 | +44.15% |
| 2024 | 2024-12-31 | 0.03 | −0.08 | −73.13% |
| 2023 | 2023-12-31 | 0.10 | −0.08 | −43.48% |
| 2022 | 2022-12-31 | 0.18 | 0.04 | +26.94% |
| 2021 | 2021-12-31 | 0.15 | −0.29 | −66.50% |
| 2020 | 2020-12-31 | 0.43 | 0.33 | +317.66% |
| 2019 | 2019-12-31 | 0.10 | −0.78 | −88.31% |
| 2018 · Dec 31 | 2018-12-31 | 0.89 | — | — |
Greenland Technologies Holding quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.23 | 0.21 | +1003.77% |
| Q1 2026 | 2026-03-31 | 0.02 | −0.01 | −25.46% |
| Q4 2025 | 2025-12-31 | 0.04 | 0.01 | +44.15% |
| Q3 2025 | 2025-09-30 | 0.02 | −0.01 | −45.46% |
| Q2 2025 | 2025-06-30 | 0.02 | −0.01 | −39.58% |
| Q1 2025 | 2025-03-31 | 0.02 | −0.17 | −87.83% |
| Q4 2024 | 2024-12-31 | 0.03 | −0.08 | −73.13% |
| Q3 2024 | 2024-09-30 | 0.03 | −0.09 | −73.65% |
| Q2 2024 | 2024-06-30 | 0.03 | −0.10 | −74.72% |
| Q1 2024 | 2024-03-31 | 0.20 | 0.06 | +41.05% |
| Q4 2023 | 2023-12-31 | 0.10 | −0.08 | −43.48% |
| Q3 2023 | 2023-09-30 | 0.12 | −0.04 | −26.12% |
| Q2 2023 | 2023-06-30 | 0.14 | −0.01 | −6.37% |
| Q1 2023 | 2023-03-31 | 0.14 | −0.01 | −8.20% |
| Q4 2022 | 2022-12-31 | 0.18 | 0.04 | +26.94% |
| Q3 2022 | 2022-09-30 | 0.16 | 0.01 | +5.91% |
| Q2 2022 | 2022-06-30 | 0.14 | −0.07 | −32.17% |
| Q1 2022 | 2022-03-31 | 0.15 | −0.22 | −59.45% |
| Q4 2021 | 2021-12-31 | 0.15 | −0.29 | −66.50% |
| Q3 2021 | 2021-09-30 | 0.15 | 0.13 | +488.82% |
| Q2 2021 | 2021-06-30 | 0.21 | 0.18 | +578.91% |
| Q1 2021 | 2021-03-31 | 0.38 | −0.16 | −29.97% |
| Q4 2020 | 2020-12-31 | 0.43 | 0.33 | +317.66% |
| Q3 2020 | 2020-09-30 | 0.03 | — | — |
| Q2 2020 | 2020-06-30 | 0.03 | — | — |
| Q1 2020 | 2020-03-31 | 0.54 | — | — |
| Q4 2019 | 2019-12-31 | 0.10 | −0.78 | −88.31% |
| Q4 2018 · Dec 31 | 2018-12-31 | 0.89 | — | — |
Greenland Technologies Holding debt-to-equity ratio trends
Over the last five fiscal years, Greenland Technologies Holding's debt-to-equity ratio decreased from 0.43 to 0.04, a change of −0.39. The latest reported quarter, Q2 2026, shows 0.23.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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