2023 Q4 Form 10-Q Financial Statement
#000121390023088730 Filed on November 20, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
Revenue | $22.78M | $21.84M | $19.13M |
YoY Change | 19.04% | 0.23% | -16.59% |
Cost Of Revenue | $16.92M | $15.57M | $15.32M |
YoY Change | 10.46% | -8.28% | -20.43% |
Gross Profit | $5.856M | $6.269M | $3.815M |
YoY Change | 53.49% | 30.26% | 3.49% |
Gross Profit Margin | 25.71% | 28.71% | 19.94% |
Selling, General & Admin | $1.843M | $2.217M | $2.373M |
YoY Change | -22.35% | 29.33% | 86.06% |
% of Gross Profit | 31.46% | 35.36% | 62.2% |
Research & Development | $1.633M | $1.246M | $2.818M |
YoY Change | -42.04% | 21.71% | 28.72% |
% of Gross Profit | 27.89% | 19.87% | 73.87% |
Depreciation & Amortization | $560.7K | $560.0K | $586.6K |
YoY Change | -4.41% | -11.93% | -8.03% |
% of Gross Profit | 9.58% | 8.93% | 15.38% |
Operating Expenses | $3.666M | $3.462M | $5.511M |
YoY Change | -33.48% | 26.48% | 45.23% |
Operating Profit | $2.190M | $2.806M | -$1.696M |
YoY Change | -229.12% | 35.25% | 1466.43% |
Interest Expense | -$2.458M | $72.95K | -$58.75K |
YoY Change | 4084.39% | -42.09% | 137.09% |
% of Operating Profit | -112.25% | 2.6% | |
Other Income/Expense, Net | -$29.78M | -$1.663M | $286.9K |
YoY Change | -10480.44% | -353.63% | -47.74% |
Pretax Income | -$30.38M | $1.074M | -$1.469M |
YoY Change | 1968.63% | -58.97% | -451.57% |
Income Tax | $227.7K | $878.9K | -$693.0K |
% Of Pretax Income | 81.85% | ||
Net Earnings | -$18.84M | -$887.4K | -$992.7K |
YoY Change | 1797.6% | -169.44% | -402.74% |
Net Earnings / Revenue | -82.7% | -4.06% | -5.19% |
Basic Earnings Per Share | -$0.07 | ||
Diluted Earnings Per Share | -$1.45 | -$0.07 | -$0.08 |
COMMON SHARES | |||
Basic Shares Outstanding | 13.59M shares | 12.98M shares | 12.58M shares |
Diluted Shares Outstanding | 13.59M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $25.80M | $25.90M | $24.10M |
YoY Change | 7.07% | 9.98% | 82.98% |
Cash & Equivalents | $22.98M | $21.54M | $16.30M |
Short-Term Investments | $2.818M | $4.400M | $7.801M |
Other Short-Term Assets | $5.550M | $4.600M | $1.569M |
YoY Change | 253.79% | 4675.6% | 10705.12% |
Inventory | $24.60M | $20.50M | $23.10M |
Prepaid Expenses | |||
Receivables | $16.48M | $20.83M | $14.34M |
Other Receivables | $27.36M | $67.10M | $65.42M |
Total Short-Term Assets | $99.79M | $138.9M | $132.4M |
YoY Change | -24.61% | 2.65% | -4.98% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $15.82M | $13.73M | $15.59M |
YoY Change | 1.54% | -11.44% | -17.79% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $0.00 | $300.0K | $250.0K |
YoY Change | -100.0% | ||
Other Assets | $14.67M | $253.8K | $283.1K |
YoY Change | 5082.32% | 4.49% | 542.09% |
Total Long-Term Assets | $30.69M | $20.40M | $22.75M |
YoY Change | 34.88% | -8.65% | -2.2% |
TOTAL ASSETS | |||
Total Short-Term Assets | $99.79M | $138.9M | $132.4M |
Total Long-Term Assets | $30.69M | $20.40M | $22.75M |
Total Assets | $130.5M | $159.3M | $155.1M |
YoY Change | -15.88% | 1.05% | -4.58% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $25.27M | $25.73M | $24.82M |
YoY Change | 1.83% | 7.42% | -14.61% |
Accrued Expenses | $2.464M | $1.337M | $569.3K |
YoY Change | 332.78% | 120.87% | -41.91% |
Deferred Revenue | $227.4K | ||
YoY Change | -41.37% | ||
Short-Term Debt | $39.75M | $6.524M | $8.986M |
YoY Change | 342.4% | -25.15% | 2.57% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $72.52M | $70.56M | $66.21M |
YoY Change | 9.54% | 0.43% | -22.53% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Other Long-Term Liabilities | $7.299M | $3.400M | $3.989M |
YoY Change | 82.98% | -17.52% | 76.46% |
Total Long-Term Liabilities | $7.299M | $3.384M | $3.989M |
YoY Change | 82.98% | -17.9% | 76.46% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $72.52M | $70.56M | $66.21M |
Total Long-Term Liabilities | $7.299M | $3.384M | $3.989M |
Total Liabilities | $80.40M | $73.95M | $70.20M |
YoY Change | 14.53% | -0.59% | -19.98% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $18.54M | $40.19M | $37.23M |
YoY Change | -50.21% | 5.14% | 10.57% |
Common Stock | $30.29M | $32.96M | $0.00 |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $50.08M | $73.43M | $71.20M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $130.5M | $159.3M | $155.1M |
YoY Change | -15.88% | 1.05% | -4.58% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$18.84M | -$887.4K | -$992.7K |
YoY Change | 1797.6% | -169.44% | -402.74% |
Depreciation, Depletion And Amortization | $560.7K | $560.0K | $586.6K |
YoY Change | -4.41% | -11.93% | -8.03% |
Cash From Operating Activities | $2.009M | $830.0K | $13.43M |
YoY Change | -85.05% | -118.63% | 12284.3% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $145.5K | $310.0K | $170.0K |
YoY Change | -14.41% | 34.78% | 325.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$13.59K | $1.870M | -$322.4K |
YoY Change | -95.78% | 950.8% | -789.18% |
Cash From Investing Activities | -$149.1K | $1.550M | -$322.4K |
YoY Change | -53.76% | 770.98% | -789.18% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 1.476M | 450.0K | -8.246M |
YoY Change | -117.9% | -96.17% | -559.65% |
NET CHANGE | |||
Cash From Operating Activities | 2.009M | 830.0K | 13.43M |
Cash From Investing Activities | -149.1K | 1.550M | -322.4K |
Cash From Financing Activities | 1.476M | 450.0K | -8.246M |
Net Change In Cash | 3.336M | 2.830M | 4.867M |
YoY Change | -31.45% | -62.1% | 149.68% |
FREE CASH FLOW | |||
Cash From Operating Activities | $2.009M | $830.0K | $13.43M |
Capital Expenditures | $145.5K | $310.0K | $170.0K |
Free Cash Flow | $1.864M | $520.0K | $13.26M |
YoY Change | -85.95% | -111.1% | 19269.87% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13594530 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11628243 | shares | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
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us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
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|
13307954 | shares | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.39 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
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|
true | ||
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Document Period End Date
DocumentPeriodEndDate
|
2023-09-30 | ||
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|
2023 | ||
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Document Transition Report
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false | ||
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|
001-38605 | ||
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|
GREENLAND TECHNOLOGIES HOLDING CORPORATION | ||
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|
D8 | ||
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|
50 Millstone Road | ||
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Building 400 Suite 130 | ||
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East Windsor | ||
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NJ | ||
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08512 | ||
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1 (888) | ||
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827-4832 | ||
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Ordinary shares, no par value | ||
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GTEC | ||
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NASDAQ | ||
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Yes | ||
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GeneralAndAdministrativeExpense
|
4771568 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3716590 | usd | |
CY2023Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1245646 | usd |
CY2022Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1023443 | usd |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3790931 | usd | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2968572 | usd | |
CY2023Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
3462395 | usd |
CY2022Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
2737518 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
10130673 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
8364762 | usd | |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2806142 | usd |
CY2022Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2074778 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
8589131 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
7654669 | usd | |
CY2023Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4242 | usd |
CY2022Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
12790 | usd |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
79318 | usd | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
35239 | usd | |
CY2023Q3 | us-gaap |
Interest Expense
InterestExpense
|
72952 | usd |
CY2022Q3 | us-gaap |
Interest Expense
InterestExpense
|
125981 | usd |
us-gaap |
Interest Expense
InterestExpense
|
218949 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
322641 | usd | |
CY2023Q3 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-204 | usd |
CY2022Q3 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-301 | usd |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-443 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-695 | usd | |
CY2023Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1663423 | usd |
CY2022Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
655838 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1374809 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1418580 | usd | |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1073805 | usd |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
2617124 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
7074248 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
8785152 | usd | |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
878922 | usd |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
518931 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1480595 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1392735 | usd | |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
194883 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
2098193 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
5593653 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
7392417 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1082303 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
820229 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2634960 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2840137 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-887420 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1277964 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2958693 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
4552280 | usd | |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
3756643 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-4441025 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-517156 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-8142567 | usd | |
CY2023Q3 | gtec |
Unrealized Foreign Currency Translation Incomeloss Attributable To Greenland Technologies Holdin
UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin
|
2251583 | usd |
CY2022Q3 | gtec |
Unrealized Foreign Currency Translation Incomeloss Attributable To Greenland Technologies Holdin
UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin
|
-2974517 | usd |
gtec |
Unrealized Foreign Currency Translation Incomeloss Attributable To Greenland Technologies Holdin
UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin
|
-721427 | usd | |
gtec |
Unrealized Foreign Currency Translation Incomeloss Attributable To Greenland Technologies Holdin
UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin
|
-5446475 | usd | |
CY2023Q3 | gtec |
Unrealized Foreign Currency Translation Income Attributable To Noncontrolling Interest
UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest
|
1505060 | usd |
CY2022Q3 | gtec |
Unrealized Foreign Currency Translation Income Attributable To Noncontrolling Interest
UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest
|
-1466508 | usd |
gtec |
Unrealized Foreign Currency Translation Income Attributable To Noncontrolling Interest
UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest
|
204271 | usd | |
gtec |
Unrealized Foreign Currency Translation Income Attributable To Noncontrolling Interest
UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest
|
-2696092 | usd | |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1364163 | usd |
CY2022Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1696553 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
2237266 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-894195 | usd | |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
2587363 | usd |
CY2022Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-646279 | usd |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
2839231 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
144045 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13594530 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12222387 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13307954 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11628243 | shares | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.1 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.22 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.39 | ||
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
74844666 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
77069 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
2914798 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
373910 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
78210443 | usd |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
2379426 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-4075452 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
76514417 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
9119494 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
2098193 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-4441025 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
83291079 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
84917763 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
2458574 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
317332 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
87693669 | usd |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
2940196 | usd |
CY2023Q2 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
703595 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-4591131 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
85339139 | usd |
CY2023Q3 | gtec |
Non Controlling Interest Cancellation Of Subsidiary
NonControllingInterestCancellationOfSubsidiary
|
-3902544 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
194883 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
3756643 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
85388121 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
5593653 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
7392417 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1632430 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1849467 | usd | |
us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
141748 | usd | |
us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
884806 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-443 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-695 | usd | |
gtec |
Increase In Allowance For Doubtful Account
IncreaseInAllowanceForDoubtfulAccount
|
387053 | usd | |
gtec |
Increase In Allowance For Doubtful Account
IncreaseInAllowanceForDoubtfulAccount
|
4967 | usd | |
gtec |
Increase In Provision For Inventory
IncreaseInProvisionForInventory
|
-108723 | usd | |
gtec |
Increase In Provision For Inventory
IncreaseInProvisionForInventory
|
22846 | usd | |
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-74533 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
463483 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
198586 | usd | |
us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
-25325 | usd | |
gtec |
Accrued Interest Income Derived From Loan To Rp
AccruedInterestIncomeDerivedFromLoanToRP
|
5332 | usd | |
gtec |
Accrued Expense
AccruedExpense
|
818840 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
7929905 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4385421 | usd | |
us-gaap |
Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
|
5420169 | usd | |
us-gaap |
Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
|
-2179528 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1335565 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1342340 | usd | |
gtec |
Increase Decreasein Advance To Suppliers
IncreaseDecreaseinAdvanceToSuppliers
|
1298963 | usd | |
gtec |
Increase Decreasein Advance To Suppliers
IncreaseDecreaseinAdvanceToSuppliers
|
307852 | usd | |
gtec |
Increase Decrease Other Current And Noncurrent Assets
IncreaseDecreaseOtherCurrentAndNoncurrentAssets
|
-2682550 | usd | |
gtec |
Increase Decrease Other Current And Noncurrent Assets
IncreaseDecreaseOtherCurrentAndNoncurrentAssets
|
11438398 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2339606 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-2231682 | usd | |
us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
91344 | usd | |
us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
-162262 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
396751 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
776504 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-118429 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-103755 | usd | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
21435 | usd | |
gtec |
Longterm Payables Unamortized Deferred Financing Costs
LongtermPayablesUnamortizedDeferredFinancingCosts
|
-190033 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-445232 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-160119 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
441455 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-6121235 | usd | |
us-gaap |
Payments To Acquire Land Held For Use
PaymentsToAcquireLandHeldForUse
|
592412 | usd | |
us-gaap |
Payments To Acquire Land Held For Use
PaymentsToAcquireLandHeldForUse
|
363543 | usd | |
us-gaap |
Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
|
426482 | usd | |
us-gaap |
Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
|
1848087 | usd | |
gtec |
Proceedsfromgovernmentgrantsforconstruction
Proceedsfromgovernmentgrantsforconstruction
|
719628 | usd | |
us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
444155 | usd | |
us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
50000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
1223348 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
356085 | usd | |
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
6766842 | usd | |
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
10848438 | usd | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
8811111 | usd | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
9918787 | usd | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
4134691 | usd | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-4279261 | usd | |
gtec |
Prepayment Of Leasefinancing Obligations
PrepaymentOfLeasefinancingObligations
|
-210942 | usd | |
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
-1908456 | usd | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
703595 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
188341 | usd | |
gtec |
Proceeds From Equity And Debt Financing
ProceedsFromEquityAndDebtFinancing
|
9196563 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1386827 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3961098 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
3051630 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-1804052 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1567033 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-969309 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
19729056 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
17800892 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
24347719 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
15027531 | usd |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
21543963 | usd |
CY2022Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
11306600 | usd |
CY2023Q3 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
2803756 | usd |
CY2022Q3 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
3720931 | usd |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
797593 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
615632 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
215487 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
320526 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
67560000 | usd | |
gtec |
Transmission Product Sale Of Sets
TransmissionProductSaleOfSets
|
112414 | pure | |
gtec |
Transmission Product Sale Of Sets
TransmissionProductSaleOfSets
|
102144 | pure | |
gtec |
Electric Industrial Vehicles Description
ElectricIndustrialVehiclesDescription
|
Greenland’s electric industrial vehicle products currently include GEF-series electric forklifts, a series of lithium powered forklifts with three models ranging in size from 1.8 tons to 3.5 tons, GEL-1800, a 1.8 ton rated load lithium powered electric wheeled front loader, GEX-8000, an all-electric 8.0 ton rated load lithium powered wheeled excavator, and GEL-5000, an all-electric 5.0 ton rated load lithium wheeled front loader. These products are available for purchase in the United States (“U.S.”) market. In August 2022, Greenland launched a 54,000 square foot industrial electric vehicle assembly site in Baltimore, Maryland to support local services, assembly and distribution of its electric industrial heavy equipment products line. | ||
gtec |
Percentage Of Outstanding Ordinary Shares
PercentageOfOutstandingOrdinaryShares
|
0.4786 | pure | |
CY2007Q2 | us-gaap |
Equity Ownership Percentage Excluding Consolidated Entity And Equity Method Investee
EquityOwnershipPercentageExcludingConsolidatedEntityAndEquityMethodInvestee
|
0.7547 | pure |
CY2010Q2 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Asset1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1
|
2600000 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Use of Estimates</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made. Actual results could differ from those estimates. Significant estimates in the nine months ended September 30, 2023 and 2022 include allowance for doubtful accounts, reserve for inventories, useful life of property, plant and equipment, assumptions used in assessing impairment of long-term assets and valuation of deferred tax assets and accruals for taxes due.</p> | ||
CY2023Q3 | us-gaap |
Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
|
7.296 | pure |
CY2022Q4 | us-gaap |
Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
|
6.8972 | pure |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.10 | |
CY2023Q3 | gtec |
Allowance Of Doubtful Accounts
AllowanceOfDoubtfulAccounts
|
1090000.00 | usd |
CY2022Q4 | gtec |
Allowance Of Doubtful Accounts
AllowanceOfDoubtfulAccounts
|
760000 | usd |
CY2023Q3 | gtec |
Advance To Supplier
AdvanceToSupplier
|
1690000 | usd |
CY2022Q4 | gtec |
Advance To Supplier
AdvanceToSupplier
|
410000 | usd |
gtec |
Straightline Method Lease Term
StraightlineMethodLeaseTerm
|
P50Y | ||
gtec |
Implicit Interest Rate
ImplicitInterestRate
|
0.05 | pure | |
CY2023Q3 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.0009 | pure |
CY2022Q3 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.0008 | pure |
gtec |
Percentage Of Warrants Expenditures Amount
PercentageOfWarrantsExpendituresAmount
|
0.0019 | pure | |
gtec |
Percentage Of Warrants Expenditures Amount
PercentageOfWarrantsExpendituresAmount
|
0.0055 | pure | |
CY2023Q3 | us-gaap |
Excise And Sales Taxes
ExciseAndSalesTaxes
|
21836761 | usd |
CY2022Q3 | us-gaap |
Excise And Sales Taxes
ExciseAndSalesTaxes
|
21786862 | usd |
us-gaap |
Excise And Sales Taxes
ExciseAndSalesTaxes
|
67555570 | usd | |
us-gaap |
Excise And Sales Taxes
ExciseAndSalesTaxes
|
71696324 | usd | |
CY2023Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1245646 | usd |
CY2022Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1023443 | usd |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3790931 | usd | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2968572 | usd | |
CY2023Q3 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
1580000 | usd |
CY2022Q4 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
1810000 | usd |
us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
|
0.50 | pure | |
gtec |
Owned Foreign Enterprise Percentage
OwnedForeignEnterprisePercentage
|
0.10 | pure | |
gtec |
Registered Capital Percentage
RegisteredCapitalPercentage
|
0.50 | pure | |
us-gaap |
Number Of Reporting Units
NumberOfReportingUnits
|
1 | pure | |
us-gaap |
Variable Interest Entity Ownership Percentage
VariableInterestEntityOwnershipPercentage
|
0.10 | pure | |
CY2023Q3 | gtec |
Income Short Term Investment Other
IncomeShortTermInvestmentOther
|
4393777 | usd |
CY2022Q4 | gtec |
Income Short Term Investment Other
IncomeShortTermInvestmentOther
|
7800723 | usd |
CY2023Q3 | us-gaap |
Other Short Term Investments
OtherShortTermInvestments
|
500000 | usd |
CY2023Q1 | gtec |
Other Short Terms Borrowings
OtherShortTermsBorrowings
|
493943 | usd |
CY2023Q1 | gtec |
Other Short Terms Borrowings
OtherShortTermsBorrowings
|
3400005 | cny |
CY2023Q3 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
4358553 | usd |
CY2023Q3 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
31800000 | cny |
CY2023Q3 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
4393777 | usd |
CY2023Q3 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
32057000 | cny |
CY2023Q3 | us-gaap |
Fair Value Concentration Of Risk Accounts Receivable
FairValueConcentrationOfRiskAccountsReceivable
|
18593084 | usd |
gtec |
Concentration Risk Percntage
ConcentrationRiskPercntage
|
0.2752 | pure | |
CY2022Q3 | us-gaap |
Fair Value Concentration Of Risk Accounts Receivable
FairValueConcentrationOfRiskAccountsReceivable
|
23103292 | usd |
gtec |
Concentration Risk Percntage
ConcentrationRiskPercntage
|
0.3222 | pure | |
CY2023Q3 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
21920180 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
15100085 | usd |
CY2023Q3 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
1093826 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
762325 | usd |
CY2023Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
20826354 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
14337760 | usd |
gtec |
Schedule Of Allowance For Doubtful Accounts
ScheduleOfAllowanceForDoubtfulAccounts
|
Changes in the allowance for doubtful accounts are as follows:<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">As of</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">September 30,<br/> 2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">December 31,<br/> 2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left">Beginning balance</td><td style="width: 1%; font-weight: bold"> </td> <td style="width: 1%; font-weight: bold; text-align: left">$</td><td style="width: 9%; font-weight: bold; text-align: right">762,325</td><td style="width: 1%; font-weight: bold; text-align: left"> </td><td style="width: 1%; font-weight: bold"> </td> <td style="width: 1%; font-weight: bold; text-align: left">$</td><td style="width: 9%; font-weight: bold; text-align: right">859,319</td><td style="width: 1%; font-weight: bold; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Provision for doubtful accounts</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">387,053</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(32,316</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Effect of FX change</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(55,552</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(64,678</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; "> <td style="font-weight: bold; padding-bottom: 4pt">Ending balance</td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">1,093,826</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">762,325</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td></tr> </table> | ||
CY2023Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
762325 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
859319 | usd |
CY2023Q3 | gtec |
Additional Provision For Doubtful Accounts
AdditionalProvisionForDoubtfulAccounts
|
387053 | usd |
CY2022Q4 | gtec |
Additional Provision For Doubtful Accounts
AdditionalProvisionForDoubtfulAccounts
|
-32316 | usd |
CY2023Q3 | gtec |
Effect Of Fx Change
EffectOfFXChange
|
55552 | usd |
CY2022Q4 | gtec |
Effect Of Fx Change
EffectOfFXChange
|
64678 | usd |
CY2023Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
1093826 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
762325 | usd |
CY2022Q4 | gtec |
Bank Notes Receivable
BankNotesReceivable
|
26713919 | usd |
CY2023Q3 | gtec |
Commercial Note Receivable
CommercialNoteReceivable
|
674284 | usd |
CY2023Q3 | gtec |
Bank Notes Receivable
BankNotesReceivable
|
31728933 | usd |
CY2023Q3 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
7923025 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
7975097 | usd |
CY2023Q3 | gtec |
Revolving Materials
RevolvingMaterials
|
1102485 | usd |
CY2022Q4 | gtec |
Revolving Materials
RevolvingMaterials
|
1122313 | usd |
CY2023Q3 | gtec |
Consigned Processing Materials
ConsignedProcessingMaterials
|
51869 | usd |
CY2022Q4 | gtec |
Consigned Processing Materials
ConsignedProcessingMaterials
|
15056 | usd |
CY2023Q3 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
2418252 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
2255453 | usd |
CY2023Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
9467606 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
12104309 | usd |
CY2023Q3 | us-gaap |
Inventory Adjustments
InventoryAdjustments
|
-465071 | usd |
CY2022Q4 | us-gaap |
Inventory Adjustments
InventoryAdjustments
|
-375846 | usd |
CY2023Q3 | us-gaap |
Inventory Net
InventoryNet
|
20498166 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
23096382 | usd |
CY2023Q3 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
375846 | usd |
CY2022Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
23793 | usd |
CY2023Q3 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
108723 | usd |
CY2022Q4 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
359534 | usd |
CY2023Q3 | gtec |
Inventory Effect Of Fx Change
InventoryEffectOfFXChange
|
-19498 | usd |
CY2022Q4 | gtec |
Inventory Effect Of Fx Change
InventoryEffectOfFXChange
|
-7481 | usd |
CY2023Q3 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
465071 | usd |
CY2022Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
375846 | usd |
gtec |
Schedual Of Notes Receivable
SchedualOfNotesReceivable
|
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">As of</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">September 30,<br/> 2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">December 31, <br/> 2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left">Bank notes receivable:</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">31,728,933</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">26,713,919</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 1.5pt">Commercial notes receivable</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">674,284</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">2,034,960</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; padding-bottom: 4pt">Total</td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">32,403,217</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">28,748,879</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td></tr> </table> | ||
CY2022Q4 | gtec |
Commercial Note Receivable
CommercialNoteReceivable
|
2034960 | usd |
CY2023Q3 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
32403217 | usd |
CY2022Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
28748879 | usd |
CY2023Q3 | gtec |
Proceeds From Note Receivables
ProceedsFromNoteReceivables
|
21620000 | usd |
CY2023Q3 | gtec |
Proceeds From Issuance Of Bank Acceptance Notes
ProceedsFromIssuanceOfBankAcceptanceNotes
|
20980000 | usd |
CY2022Q4 | gtec |
Proceeds From Note Receivables
ProceedsFromNoteReceivables
|
15510000 | usd |
CY2022Q4 | gtec |
Proceeds From Issuance Of Bank Acceptance Notes
ProceedsFromIssuanceOfBankAcceptanceNotes
|
13270000 | usd |
CY2023Q3 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
11303276 | usd |
CY2022Q4 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
11781256 | usd |
CY2023Q3 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
20142720 | usd |
CY2022Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
21010613 | usd |
CY2023Q3 | gtec |
Motor Vehicles
MotorVehicles
|
322288 | usd |
CY2022Q4 | gtec |
Motor Vehicles
MotorVehicles
|
315708 | usd |
CY2023Q3 | gtec |
Electronic Equipment
ElectronicEquipment
|
237043 | usd |
CY2022Q4 | gtec |
Electronic Equipment
ElectronicEquipment
|
223806 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
32005327 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
33331383 | usd |
CY2023Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
18291335 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
17763247 | usd |
CY2023Q3 | gtec |
Property Plants And Equipment Net
PropertyPlantsAndEquipmentNet
|
13713992 | usd |
CY2022Q4 | gtec |
Property Plants And Equipment Net
PropertyPlantsAndEquipmentNet
|
15568136 | usd |
CY2023Q3 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
16144 | usd |
CY2022Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
17078 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
13730136 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
15585214 | usd |
gtec |
Cost Of Revenue And Inventories
CostOfRevenueAndInventories
|
1120000 | usd | |
CY2023Q3 | gtec |
Buildings Net
BuildingsNet
|
8753950 | usd |
CY2022Q4 | gtec |
Buildings Net
BuildingsNet
|
9599313 | usd |
CY2023Q3 | gtec |
Restricted Assets Total
RestrictedAssetsTotal
|
8753950 | usd |
CY2022Q4 | gtec |
Restricted Assets Total
RestrictedAssetsTotal
|
9599313 | usd |
gtec |
Short Term Debt Loan
ShortTermDebtLoan
|
P1Y | ||
CY2023Q3 | gtec |
Ownershipof Buildings For Net Book Value
OwnershipofBuildingsForNetBookValue
|
63890000 | cny |
CY2023Q3 | gtec |
Ownershipof Buildings For Net Book Value
OwnershipofBuildingsForNetBookValue
|
8750000 | usd |
CY2023Q3 | gtec |
Loan Facility With Maximum Exposure
LoanFacilityWithMaximumExposure
|
167730000 | cny |
gtec |
Schedule Of Land Use Rights
ScheduleOfLandUseRights
|
Land use rights consisted of the following:<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">As of</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">September 30,<br/> 2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">December 31,<br/> 2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left">Land use rights, cost</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">4,216,914</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">4,460,738</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 1.5pt">Less: Accumulated amortization</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(840,013</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(821,671</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 4pt">Land use rights, net</td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">3,376,901</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">3,639,067</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td></tr> </table> | ||
CY2023Q3 | gtec |
Land Use Rights Cost
LandUseRightsCost
|
4216914 | usd |
CY2022Q4 | gtec |
Land Use Rights Cost
LandUseRightsCost
|
4460738 | usd |
CY2023Q3 | gtec |
Less Accumulated Amortization
LessAccumulatedAmortization
|
840013 | usd |
CY2022Q4 | gtec |
Less Accumulated Amortization
LessAccumulatedAmortization
|
821671 | usd |
CY2023Q3 | gtec |
Land Use Rights Net
LandUseRightsNet
|
3376901 | usd |
CY2022Q4 | gtec |
Land Use Rights Net
LandUseRightsNet
|
3639067 | usd |
CY2023Q3 | gtec |
Land Use Rights Assets Net
LandUseRightsAssetsNet
|
3380000 | usd |
CY2022Q4 | gtec |
Land Use Rights Assets Net
LandUseRightsAssetsNet
|
3640000 | usd |
CY2023Q3 | us-gaap |
Present Value Of Future Insurance Profits Amortization Expense Year One
PresentValueOfFutureInsuranceProfitsAmortizationExpenseYearOne
|
87476 | usd |
CY2023Q3 | us-gaap |
Present Value Of Future Insurance Profits Amortization Expense Year Two
PresentValueOfFutureInsuranceProfitsAmortizationExpenseYearTwo
|
87476 | usd |
CY2023Q3 | us-gaap |
Present Value Of Future Insurance Profits Amortization Expense Year Three
PresentValueOfFutureInsuranceProfitsAmortizationExpenseYearThree
|
87476 | usd |
CY2023Q3 | us-gaap |
Present Value Of Future Insurance Profits Amortization Expense Year Four
PresentValueOfFutureInsuranceProfitsAmortizationExpenseYearFour
|
87476 | usd |
CY2023Q3 | us-gaap |
Present Value Of Future Insurance Profits Amortization Expense Year Five
PresentValueOfFutureInsuranceProfitsAmortizationExpenseYearFive
|
87476 | usd |
CY2023Q3 | gtec |
Present Value Of Future Insurance Profits Amortization Expense Thereafter
PresentValueOfFutureInsuranceProfitsAmortizationExpenseThereafter
|
2939521 | usd |
CY2023Q3 | gtec |
Present Values Of Future Insurance Profits Amortization Expense
PresentValuesOfFutureInsuranceProfitsAmortizationExpense
|
3376901 | usd |
CY2023Q3 | us-gaap |
Notes Payable To Bank Current
NotesPayableToBankCurrent
|
30713480 | usd |
CY2022Q4 | us-gaap |
Notes Payable To Bank Current
NotesPayableToBankCurrent
|
28272472 | usd |
CY2023Q3 | us-gaap |
Notes Payable To Bank
NotesPayableToBank
|
30713480 | usd |
CY2022Q4 | us-gaap |
Notes Payable To Bank
NotesPayableToBank
|
28272472 | usd |
gtec |
Restricted Cash And Cash Equivalents Value
RestrictedCashAndCashEquivalentsValue
|
2800000 | usd | |
CY2022 | gtec |
Restricted Cash And Cash Equivalents Value
RestrictedCashAndCashEquivalentsValue
|
3430000 | usd |
gtec |
Note Receivable Date Of Issuance
NoteReceivableDateOfIssuance
|
21620000 | usd | |
CY2022 | gtec |
Note Receivable Date Of Issuance
NoteReceivableDateOfIssuance
|
15510000 | usd |
gtec |
Land Use Right
LandUseRight
|
3380000 | usd | |
CY2022 | gtec |
Land Use Right
LandUseRight
|
3000000 | usd |
gtec |
Percentage Of Bank Charges
PercentageOfBankCharges
|
0.0005 | pure | |
CY2023Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
25731835 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
24817165 | usd |
CY2023Q3 | gtec |
Collateralized Bank Loans
CollateralizedBankLoans
|
5427632 | usd |
CY2022Q4 | gtec |
Collateralized Bank Loans
CollateralizedBankLoans
|
7536392 | usd |
CY2023Q3 | gtec |
Unsecured Bank Loans
UnsecuredBankLoans
|
1096491 | usd |
CY2022Q4 | gtec |
Unsecured Bank Loans
UnsecuredBankLoans
|
1449863 | usd |
CY2023Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
6524123 | usd |
CY2022Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
8986255 | usd |
CY2023Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
6524123 | usd |
CY2022Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
8986255 | usd |
CY2023Q3 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
158368 | usd |
CY2022Q4 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
747923 | usd |
CY2023Q3 | gtec |
Other Tax Payables
OtherTaxPayables
|
1087535 | usd |
CY2022Q4 | gtec |
Other Tax Payables
OtherTaxPayables
|
141772 | usd |
CY2023Q3 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
71685 | usd |
CY2022Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
88403 | usd |
CY2023Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1337347 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
569292 | usd |
CY2023Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
2654935 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1547390 | usd |
CY2023Q3 | gtec |
Other Long Term Liability Debt Of Subsidy
OtherLongTermLiabilityDebtOfSubsidy
|
1577010 | usd |
CY2022Q4 | gtec |
Other Long Term Liability Debt Of Subsidy
OtherLongTermLiabilityDebtOfSubsidy
|
1812759 | usd |
CY2023Q3 | us-gaap |
Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
|
1577010 | usd |
CY2022Q4 | us-gaap |
Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
|
1812759 | usd |
CY2023Q3 | gtec |
Amount Of Income Granted
AmountOfIncomeGranted
|
240000 | usd |
CY2022Q3 | us-gaap |
Warrant Exercise Price Increase
WarrantExercisePriceIncrease
|
4.17 | |
CY2022Q3 | gtec |
Prefunded Warrant Price
PrefundedWarrantPrice
|
4.169 | |
CY2022Q3 | us-gaap |
Sale Leaseback Transaction Gross Proceeds Investing Activities
SaleLeasebackTransactionGrossProceedsInvestingActivities
|
6876222 | usd |
gtec |
Warrants Expire Year
WarrantsExpireYear
|
P5Y | ||
gtec |
Private Warrants Description
PrivateWarrantsDescription
|
Private warrants include (i) the 282,000 warrants underlying the units issued to the Sponsor and Chardan in a private placement in connection with our initial public offering (“Private Unit Warrants”), and (ii) 120,000 warrants held by Chardan upon the exercise of its unit purchase option to purchase 120,000 units in March 2021 (“Option Warrants,” together with Private Unit Warrants, the “Private Warrants”). | ||
CY2023Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
4705312 | shares |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
443676 | usd | |
CY2023Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2253162 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
485207 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1807408 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2292615 | usd |
CY2023Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
13594530 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
13594530 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
12978504 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
12978504 | shares |
CY2019 | us-gaap |
Stock Issued During Period Shares Reverse Stock Splits
StockIssuedDuringPeriodSharesReverseStockSplits
|
3875458 | shares |
CY2019 | us-gaap |
Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
|
81400 | shares |
CY2019 | us-gaap |
Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
|
1906542 | shares |
CY2023Q3 | us-gaap |
Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
|
468200 | shares |
CY2022Q3 | gtec |
Commitment Offering Ordinary Shares
CommitmentOfferingOrdinaryShares
|
1250000 | shares |
CY2022Q3 | gtec |
Prefunded Warrants Shares
PrefundedWarrantsShares
|
398974 | shares |
CY2022Q3 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
616026 | shares |
CY2022Q3 | us-gaap |
Warrant Exercise Price Increase
WarrantExercisePriceIncrease
|
4.17 | |
CY2023Q2 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
616026 | shares |
gtec |
Payment Of Cash
PaymentOfCash
|
100 | usd | |
gtec |
Purchase Option Outstanding Units
PurchaseOptionOutstandingUnits
|
120000 | shares | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-887420 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1277964 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2958693 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
4552280 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13594530 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12222387 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13307954 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11628243 | shares | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13594530 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
12222387 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13307954 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11628243 | shares | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.1 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.22 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.39 | ||
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | pure | |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
21836761 | usd |
CY2022Q3 | us-gaap |
Revenues
Revenues
|
21786862 | usd |
us-gaap |
Revenues
Revenues
|
67555570 | usd | |
us-gaap |
Revenues
Revenues
|
71696324 | usd | |
us-gaap |
Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
|
0.2093 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.25 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
|
0.1585 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.25 | pure | |
us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
0 | usd | |
CY2022 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
0 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Issued Principal
DebtInstrumentIssuedPrincipal
|
9620000 | usd |
CY2023Q4 | us-gaap |
Line Of Credit Facility Maximum Amount Outstanding During Period
LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
|
69770000 | cny |
CY2021Q3 | us-gaap |
Debt Instrument Issued Principal
DebtInstrumentIssuedPrincipal
|
5230000 | usd |
CY2022Q4 | us-gaap |
Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
|
10000000 | cny |
CY2022Q2 | us-gaap |
Debt Instrument Issued Principal
DebtInstrumentIssuedPrincipal
|
8280000 | usd |
gtec |
Schedule Of Noncancellable Future Minimum Lease Payments Operating And Financing Leases
ScheduleOfNoncancellableFutureMinimumLeasePaymentsOperatingAndFinancingLeases
|
The following are the aggregate non-cancellable future minimum lease payments under operating and financing leases<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="font-weight: bold; border-bottom: Black 1.5pt solid">For the years ending September 30,</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Operating <br/> Leases</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%; text-align: justify">2024</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">590,350</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">2025</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">585,084</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">2026</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">602,020</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">2027</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">619,552</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1.5pt">Thereafter</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">157,878</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt; text-align: justify; padding-left: 9pt">Total lease payments</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">2,554,884</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table> | ||
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
590350 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
585084 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
602020 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
619552 | usd |
CY2023Q3 | gtec |
Operating Leases Future Minimum Payments Receivable Thereafter1
OperatingLeasesFutureMinimumPaymentsReceivableThereafter1
|
157878 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
2554884 | usd |
CY2023Q3 | gtec |
Due To Related Parties
DueToRelatedParties
|
4080627 | usd |
CY2022Q4 | gtec |
Due To Related Parties
DueToRelatedParties
|
1693315 | usd |
CY2023Q3 | us-gaap |
Other Receivables
OtherReceivables
|
34460000 | usd |
CY2022Q4 | us-gaap |
Other Receivables
OtherReceivables
|
36460000 | usd |
CY2022Q3 | gtec |
Restricted Stock Vested Not Issued
RestrictedStockVestedNotIssued
|
usd | |
gtec |
Restricted Stock Vested Not Issued
RestrictedStockVestedNotIssued
|
usd | ||
gtec |
Restricted Stock Vested Not Issued
RestrictedStockVestedNotIssued
|
usd | ||
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.07 | |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
usd | |
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
usd | ||
us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
usd | ||
gtec |
Accrued Interest Income Derived From Loan To Rp
AccruedInterestIncomeDerivedFromLoanToRP
|
usd | ||
gtec |
Accrued Expense
AccruedExpense
|
usd | ||
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
usd | ||
gtec |
Longterm Payables Unamortized Deferred Financing Costs
LongtermPayablesUnamortizedDeferredFinancingCosts
|
usd | ||
us-gaap |
Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
|
usd | ||
us-gaap |
Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
|
usd | ||
gtec |
Proceedsfromgovernmentgrantsforconstruction
Proceedsfromgovernmentgrantsforconstruction
|
usd | ||
us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
usd | ||
us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
usd | ||
gtec |
Prepayment Of Leasefinancing Obligations
PrepaymentOfLeasefinancingObligations
|
usd | ||
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
usd | ||
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
usd | ||
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
usd | ||
gtec |
Proceeds From Equity And Debt Financing
ProceedsFromEquityAndDebtFinancing
|
usd | ||
CY2023Q3 | gtec |
Fixed Assets Decoration
FixedAssetsDecoration
|
usd | |
CY2022Q4 | gtec |
Fixed Assets Decoration
FixedAssetsDecoration
|
usd | |
CY2023Q3 | gtec |
Machinery Net
MachineryNet
|
usd | |
CY2022Q4 | gtec |
Machinery Net
MachineryNet
|
usd | |
CY2023Q3 | us-gaap |
Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
|
||
CY2022Q4 | us-gaap |
Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
|
||
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
usd | ||
CY2023Q3 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
||
CY2023Q3 | gtec |
Restricted Stock Vested Not Issued
RestrictedStockVestedNotIssued
|
usd | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.22 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.39 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001735041 |