2024 Q4 Form 10-Q Financial Statement
#000121390024098431 Filed on November 14, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
Revenue | $18.83M | |
YoY Change | -13.75% | |
Cost Of Revenue | $13.87M | |
YoY Change | -10.92% | |
Gross Profit | $4.966M | |
YoY Change | -20.78% | |
Gross Profit Margin | 26.37% | |
Selling, General & Admin | $1.600M | |
YoY Change | -27.84% | |
% of Gross Profit | 32.21% | |
Research & Development | $440.0K | |
YoY Change | -64.68% | |
% of Gross Profit | 8.86% | |
Depreciation & Amortization | $560.4K | |
YoY Change | 0.07% | |
% of Gross Profit | 11.29% | |
Operating Expenses | $2.038M | |
YoY Change | -41.15% | |
Operating Profit | $2.928M | |
YoY Change | 4.34% | |
Interest Expense | $227.9K | |
YoY Change | 212.33% | |
% of Operating Profit | 7.78% | |
Other Income/Expense, Net | $208.7K | |
YoY Change | -112.54% | |
Pretax Income | $703.5K | |
YoY Change | -34.48% | |
Income Tax | $344.3K | |
% Of Pretax Income | 48.93% | |
Net Earnings | -$684.4K | |
YoY Change | -22.88% | |
Net Earnings / Revenue | -3.63% | |
Basic Earnings Per Share | -$0.05 | |
Diluted Earnings Per Share | -$0.05 | |
COMMON SHARES | ||
Basic Shares Outstanding | 13.59M shares | 13.59M shares |
Diluted Shares Outstanding | 13.59M shares |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $24.69M | |
YoY Change | -4.68% | |
Cash & Equivalents | $17.63M | |
Short-Term Investments | $7.054M | |
Other Short-Term Assets | $5.472M | |
YoY Change | 18.95% | |
Inventory | $21.84M | |
Prepaid Expenses | ||
Receivables | $20.27M | |
Other Receivables | $27.91M | |
Total Short-Term Assets | $100.2M | |
YoY Change | -27.89% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $13.82M | |
YoY Change | 0.68% | |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $390.4K | |
YoY Change | 53.83% | |
Total Long-Term Assets | $27.32M | |
YoY Change | 33.93% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $100.2M | |
Total Long-Term Assets | $27.32M | |
Total Assets | $127.5M | |
YoY Change | -19.97% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $26.34M | |
YoY Change | 2.37% | |
Accrued Expenses | $1.700M | |
YoY Change | 27.13% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | ||
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $59.70M | |
YoY Change | -15.4% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | |
YoY Change | ||
Other Long-Term Liabilities | $6.515M | |
YoY Change | 91.62% | |
Total Long-Term Liabilities | $6.515M | |
YoY Change | 92.5% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $59.70M | |
Total Long-Term Liabilities | $6.515M | |
Total Liabilities | $66.21M | |
YoY Change | -10.46% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $25.00M | |
YoY Change | -37.78% | |
Common Stock | $30.29M | |
YoY Change | -8.1% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $57.13M | |
YoY Change | ||
Total Liabilities & Shareholders Equity | $127.5M | |
YoY Change | -19.97% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$684.4K | |
YoY Change | -22.88% | |
Depreciation, Depletion And Amortization | $560.4K | |
YoY Change | 0.07% | |
Cash From Operating Activities | $6.059M | |
YoY Change | 630.04% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | $134.2K | |
YoY Change | -56.72% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$1.670K | |
YoY Change | -100.09% | |
Cash From Investing Activities | -$135.8K | |
YoY Change | -108.76% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -6.902M | |
YoY Change | -1633.85% | |
NET CHANGE | ||
Cash From Operating Activities | 6.059M | |
Cash From Investing Activities | -135.8K | |
Cash From Financing Activities | -6.902M | |
Net Change In Cash | -978.8K | |
YoY Change | -134.59% | |
FREE CASH FLOW | ||
Cash From Operating Activities | $6.059M | |
Capital Expenditures | $134.2K | |
Free Cash Flow | $5.925M | |
YoY Change | 1039.46% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
usd | |
CY2023Q4 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
||
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Commitments And Contingencies
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|
usd | |
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Common Stock Value
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|
usd | |
us-gaap |
Common Stock Shares Authorized Unlimited
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|
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Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
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Common Stock No Par Value
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|
||
dei |
Entity Registrant Name
EntityRegistrantName
|
GREENLAND TECHNOLOGIES HOLDING CORPORATION | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
D8 | ||
CY2023Q2 | us-gaap |
Profit Loss
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Short Term Borrowings
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|
usd | |
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Document Type
DocumentType
|
10-Q | ||
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Document Quarterly Report
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|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-09-30 | ||
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Document Fiscal Year Focus
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|
2024 | ||
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Document Transition Report
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false | ||
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|
001-38605 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
50 Millstone Road | ||
dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Building 400 Suite 130 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
East Windsor | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
NJ | ||
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|
US | ||
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08512 | ||
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City Area Code
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|
1 (888) | ||
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Local Phone Number
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|
827-4832 | ||
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Security12b Title
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|
Ordinary shares, no par value | ||
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Trading Symbol
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|
GTEC | ||
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Security Exchange Name
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|
NASDAQ | ||
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Entity Current Reporting Status
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Yes | ||
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Entity Interactive Data Current
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Yes | ||
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Entity Filer Category
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Non-accelerated Filer | ||
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Entity Small Business
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Other Nonoperating Income Expense
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|
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
10640775 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
7074248 | usd | |
CY2024Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
344250 | usd |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
878922 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
839050 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1480595 | usd | |
CY2024Q3 | us-gaap |
Profit Loss
ProfitLoss
|
359293 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
194883 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
9801725 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
5593653 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1043684 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1082303 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
3333003 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2634960 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-684391 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-887420 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
6468722 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2958693 | usd | |
CY2024Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
2153895 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
3756643 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
840761 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-517156 | usd | |
CY2024Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
1530392 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
2251583 | usd |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
579199 | usd | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-721427 | usd | |
CY2024Q3 | gtec |
Unrealized Foreign Currency Translation Income Attributable To Noncontrolling Interest
UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest
|
623503 | usd |
CY2023Q3 | gtec |
Unrealized Foreign Currency Translation Income Attributable To Noncontrolling Interest
UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest
|
1505060 | usd |
gtec |
Unrealized Foreign Currency Translation Income Attributable To Noncontrolling Interest
UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest
|
261562 | usd | |
gtec |
Unrealized Foreign Currency Translation Income Attributable To Noncontrolling Interest
UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest
|
204271 | usd | |
CY2024Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
846001 | usd |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1364163 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
7047921 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
2237266 | usd | |
CY2024Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1667187 | usd |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
2587363 | usd |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
3594565 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
2839231 | usd | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13594530 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13594530 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13594530 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13307954 | shares | |
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.05 | |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.07 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.48 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.48 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.22 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.22 | ||
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 Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
317332 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
87693669 | usd |
CY2023Q2 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
703595 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-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 Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
3756643 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
85388121 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
50653401 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
3569248 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-908762 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
53313887 | usd |
CY2024Q2 | us-gaap |
Profit Loss
ProfitLoss
|
5873184 | usd |
CY2024Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-404372 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
58782699 | usd |
CY2024Q3 | us-gaap |
Profit Loss
ProfitLoss
|
359293 | usd |
CY2024Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
2153895 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
61295887 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
9801725 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
5593653 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1652894 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1632430 | usd | |
gtec |
Amortization Of Deferred Revenue
AmortizationOfDeferredRevenue
|
171025 | usd | |
gtec |
Amortization Of Deferred Revenue
AmortizationOfDeferredRevenue
|
141748 | usd | |
us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
570111 | usd | |
us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
387053 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
-120385 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
108723 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-243312 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-218607 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-74533 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
417581 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
463483 | usd | |
us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
-25325 | usd | |
gtec |
Accrued Interest Income Derived From Loan To Related Parties
AccruedInterestIncomeDerivedFromLoanToRelatedParties
|
2385 | usd | |
gtec |
Accrued Interest Income Derived From Loan To Related Parties
AccruedInterestIncomeDerivedFromLoanToRelatedParties
|
5332 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1007652 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
818840 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4103084 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
7929905 | usd | |
us-gaap |
Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
|
222638 | usd | |
us-gaap |
Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
|
5420169 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-3067395 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1335565 | usd | |
us-gaap |
Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
|
337532 | usd | |
us-gaap |
Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
|
1298963 | usd | |
gtec |
Increase Decrease In Other Current And Non Current Assets
IncreaseDecreaseInOtherCurrentAndNonCurrentAssets
|
1796856 | usd | |
gtec |
Increase Decrease In Other Current And Non Current Assets
IncreaseDecreaseInOtherCurrentAndNonCurrentAssets
|
-2682993 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
753849 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2339606 | usd | |
gtec |
Increase Decrease In Customer Deposit
IncreaseDecreaseInCustomerDeposit
|
278003 | usd | |
gtec |
Increase Decrease In Customer Deposit
IncreaseDecreaseInCustomerDeposit
|
91344 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-944133 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
396751 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-118429 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-405757 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-445232 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
8983496 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
441455 | usd | |
us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
1416348 | usd | |
us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
592412 | usd | |
us-gaap |
Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
|
694666 | usd | |
us-gaap |
Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
|
426482 | usd | |
gtec |
Payment Of Loan To Third Parties
PaymentOfLoanToThirdParties
|
1848087 | 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
|
-2111014 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
1223348 | usd | |
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
5557331 | usd | |
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
6766842 | usd | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
8558290 | usd | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
8811111 | usd | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-11387545 | usd | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
4134691 | usd | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
703595 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-14388504 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1386827 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-7516022 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
3051630 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
52116 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1567033 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
28189387 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
19729056 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
20725481 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
24347719 | usd |
CY2024Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
17633936 | usd |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
21543963 | usd |
CY2024Q3 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
3091545 | usd |
CY2023Q3 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
2803756 | usd |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1378817 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
797593 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
50404 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
215487 | usd | |
gtec |
Transmission Product Sale Of Sets
TransmissionProductSaleOfSets
|
114075 | pure | |
gtec |
Transmission Product Sale Of Sets
TransmissionProductSaleOfSets
|
112414 | pure | |
gtec |
Electric Industrial Vehicles Description
ElectricIndustrialVehiclesDescription
|
HEVI’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. In addition, HEVI introduced a line of mobile DC battery chargers that support DC powered EV applications in the North America market. 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
|
0.4569 | pure | |
CY2010Q2 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Asset1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1
|
2600000 | usd |
gtec |
Percentage Of Voting Power
PercentageOfVotingPower
|
0.50 | pure | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><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, 2024 and 2023 include allowance for expected credit losses, reserve for inventories, fair value of warrant liability, useful life of property, plant and equipment, assumptions used in assessing impairment of long-term assets, estimates used in accounting for leases in accordance with FASB ASC 842, Leases and valuation of deferred tax assets and accruals for taxes due.</p> | ||
CY2024Q3 | us-gaap |
Short Term Investments
ShortTermInvestments
|
7053694 | usd |
CY2024Q3 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
3841293 | usd |
CY2024Q3 | us-gaap |
Fair Value Net Asset Liability
FairValueNetAssetLiability
|
10894987 | usd |
CY2024Q3 | us-gaap |
Supplies
Supplies
|
630000 | usd |
CY2023Q4 | us-gaap |
Supplies
Supplies
|
290000 | usd |
gtec |
Straightline Method Lease Term
StraightlineMethodLeaseTerm
|
P50Y | ||
gtec |
Office Leases Terms
OfficeLeasesTerms
|
P3Y | ||
gtec |
Office Leases Terms Of Assembly Site
OfficeLeasesTermsOfAssemblySite
|
P5Y6M | ||
CY2019Q2 | gtec |
Percentage Of Vat Rate Reduced
PercentageOfVATRateReduced
|
0.13 | pure |
CY2024Q3 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.0011 | pure |
CY2023Q3 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.0009 | pure |
gtec |
Percentage Of Warrants Expenditures Amount
PercentageOfWarrantsExpendituresAmount
|
0.0048 | pure | |
gtec |
Percentage Of Warrants Expenditures Amount
PercentageOfWarrantsExpendituresAmount
|
0.0019 | pure | |
CY2024Q3 | us-gaap |
Revenues
Revenues
|
18834093 | usd |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
21836761 | usd |
us-gaap |
Revenues
Revenues
|
64574944 | usd | |
us-gaap |
Revenues
Revenues
|
67555570 | usd | |
CY2024Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
440000 | usd |
CY2023Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1250000 | usd |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2550000 | usd | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3790000 | usd | |
CY2024Q3 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
1370000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
1530000 | 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 Reportable Segments
NumberOfReportableSegments
|
1 | pure | |
us-gaap |
Variable Interest Entity Ownership Percentage
VariableInterestEntityOwnershipPercentage
|
0.10 | pure | |
us-gaap |
General Insurance Expense
GeneralInsuranceExpense
|
500000 | cny | |
CY2024Q3 | us-gaap |
Time Deposit Liability Above Us Insurance Limit
TimeDepositLiabilityAboveUsInsuranceLimit
|
250000 | usd |
CY2024Q3 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2024Q3 | us-gaap |
Short Term Investments
ShortTermInvestments
|
7053694 | usd |
CY2023Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
2818068 | usd |
CY2024Q3 | us-gaap |
Investment Owned At Cost
InvestmentOwnedAtCost
|
6877197 | usd |
CY2024Q3 | us-gaap |
Investment Owned At Cost
InvestmentOwnedAtCost
|
49500000 | cny |
CY2024Q3 | us-gaap |
Investment Owned At Fair Value
InvestmentOwnedAtFairValue
|
7053694 | usd |
CY2024Q3 | us-gaap |
Investment Owned At Fair Value
InvestmentOwnedAtFairValue
|
49500000 | cny |
CY2024Q3 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
7960771 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
8451943 | usd |
CY2024Q3 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
21731756 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
17351398 | usd |
CY2024Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1462786 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
867865 | usd |
CY2024Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
20268970 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
16483533 | usd |
CY2024Q3 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
8011330 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
9337110 | usd |
CY2024Q3 | gtec |
Inventory Revolving Material
InventoryRevolvingMaterial
|
1145738 | usd |
CY2023Q4 | gtec |
Inventory Revolving Material
InventoryRevolvingMaterial
|
1143558 | usd |
CY2024Q3 | us-gaap |
Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
|
2204 | usd |
CY2023Q4 | us-gaap |
Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
|
60754 | usd |
CY2024Q3 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
2157233 | usd |
CY2023Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
2501368 | usd |
CY2024Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
11047944 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
12192937 | usd |
CY2024Q3 | us-gaap |
Inventory Adjustments
InventoryAdjustments
|
519669 | usd |
CY2023Q4 | us-gaap |
Inventory Adjustments
InventoryAdjustments
|
638932 | usd |
CY2024Q3 | us-gaap |
Inventory Net
InventoryNet
|
21844780 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
24596795 | usd |
CY2023Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
638932 | usd |
CY2022Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
375846 | usd |
gtec |
Reversal Of Inventory Writedowns
ReversalOfInventoryWritedowns
|
-120385 | usd | |
CY2023 | gtec |
Reversal Of Inventory Writedowns
ReversalOfInventoryWritedowns
|
271233 | usd |
gtec |
Inventory Effect Of Foreign Exchange Change
InventoryEffectOfForeignExchangeChange
|
-1122 | usd | |
CY2023 | gtec |
Inventory Effect Of Foreign Exchange Change
InventoryEffectOfForeignExchangeChange
|
8147 | usd |
CY2024Q3 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
519669 | usd |
CY2023Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
638932 | usd |
CY2024Q3 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
27681834 | usd |
CY2023Q4 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
27135249 | usd |
CY2024Q3 | us-gaap |
Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
|
18930000 | usd |
CY2024Q3 | us-gaap |
Bank Acceptances Executed
BankAcceptancesExecuted
|
13970000 | usd |
CY2023Q4 | us-gaap |
Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
|
21850000 | usd |
CY2023Q4 | us-gaap |
Bank Acceptances Executed
BankAcceptancesExecuted
|
19350000 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
34893255 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
33002200 | usd |
CY2024Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
21076369 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
19325844 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
13816886 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
13676356 | usd |
CY2024Q3 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
6122 | usd |
CY2023Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
22641 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
13823008 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
13698997 | usd |
us-gaap |
Depreciation
Depreciation
|
1520000 | usd | |
us-gaap |
Depreciation
Depreciation
|
1520000 | usd | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
980000 | usd | |
CY2024Q3 | us-gaap |
Other Restricted Assets
OtherRestrictedAssets
|
1949074 | usd |
CY2023Q4 | us-gaap |
Other Restricted Assets
OtherRestrictedAssets
|
2024994 | usd |
CY2024Q3 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
60010000.00 | cny |
CY2024Q3 | us-gaap |
Land
Land
|
4384206 | usd |
CY2023Q4 | us-gaap |
Land
Land
|
4333386 | usd |
CY2024Q3 | us-gaap |
Accumulated Amortization Of Other Deferred Costs
AccumulatedAmortizationOfOtherDeferredCosts
|
961022 | usd |
CY2023Q4 | us-gaap |
Accumulated Amortization Of Other Deferred Costs
AccumulatedAmortizationOfOtherDeferredCosts
|
884881 | usd |
CY2024Q3 | gtec |
Land Use Rights Net
LandUseRightsNet
|
3423184 | usd |
CY2023Q4 | gtec |
Land Use Rights Net
LandUseRightsNet
|
3448505 | usd |
CY2024Q3 | gtec |
Land Use Rights With Net Book Value
LandUseRightsWithNetBookValue
|
1130000 | usd |
CY2023Q4 | gtec |
Land Use Rights With Net Book Value
LandUseRightsWithNetBookValue
|
1140000 | usd |
CY2024Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
85490 | usd |
CY2024Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
85490 | usd |
CY2024Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
85490 | usd |
CY2024Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
85490 | usd |
CY2024Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
85490 | usd |
CY2024Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
2995734 | usd |
CY2024Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
3423184 | usd |
CY2024Q3 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
7337008 | usd |
CY2023Q4 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
9916308 | usd |
CY2024Q3 | gtec |
Deposit Term
DepositTerm
|
P3Y | |
gtec |
Fixed Deposit Description
FixedDepositDescription
|
Fixed deposits will expire in 2026. | ||
CY2024Q3 | us-gaap |
Notes Payable To Bank Current
NotesPayableToBankCurrent
|
25463319 | usd |
CY2023Q4 | us-gaap |
Notes Payable To Bank Current
NotesPayableToBankCurrent
|
36712562 | usd |
CY2024Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
3090000.00 | usd |
CY2023Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
5210000 | usd |
CY2024Q3 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
18930000 | usd |
CY2023Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
21850000 | usd |
CY2024Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
26342111 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
25272528 | usd |
CY2023Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
3042296 | usd |
CY2023 | gtec |
Short Term Loans Maturity Date
ShortTermLoansMaturityDate
|
Total | |
CY2023Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
3042296 | usd |
gtec |
Short Term Debt Term
ShortTermDebtTerm
|
P1Y | ||
CY2022Q2 | us-gaap |
Debt Instrument Issued Principal
DebtInstrumentIssuedPrincipal
|
8280000 | usd |
CY2022Q2 | us-gaap |
Debt Instrument Issued Principal
DebtInstrumentIssuedPrincipal
|
60010000.00 | cny |
CY2024Q3 | us-gaap |
Short Term Debt Percentage Bearing Fixed Interest Rate
ShortTermDebtPercentageBearingFixedInterestRate
|
0.03122 | pure |
CY2023Q3 | us-gaap |
Short Term Debt Percentage Bearing Fixed Interest Rate
ShortTermDebtPercentageBearingFixedInterestRate
|
0.03805 | pure |
CY2024Q3 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
112004 | usd |
CY2023Q4 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
807615 | usd |
CY2024Q3 | gtec |
Other Tax Payables
OtherTaxPayables
|
206943 | usd |
CY2023Q4 | gtec |
Other Tax Payables
OtherTaxPayables
|
507464 | usd |
CY2024Q3 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
346800 | usd |
CY2023Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
115443 | usd |
CY2024Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1700162 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
660985 | usd |
CY2024Q3 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
2365909 | usd |
CY2023Q4 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
2091507 | usd |
CY2024Q3 | gtec |
Subsidy Income
SubsidyIncome
|
1372358 | usd |
CY2023Q4 | gtec |
Subsidy Income
SubsidyIncome
|
1529831 | usd |
CY2024Q3 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
1372358 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
1529831 | usd |
CY2024Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
160000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
|
P5Y6M29D | |
CY2024Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1748818 | usd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2125542 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
506118 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
487695 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1301291 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1684614 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1807409 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2172309 | usd |
CY2024Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P3Y2M1D | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y1M2D | |
CY2024Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0432 | pure |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.045 | pure |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
417581 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
308407 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
417581 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
308407 | usd | |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
585084 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
602020 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
619552 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
157878 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
1964534 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
157125 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1807409 | usd |
CY2024Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
4530000 | shares |
CY2023Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
4530000 | shares |
CY2024Q3 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
3841293 | usd |
CY2023Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
4084605 | usd |
CY2023Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
4084605 | usd |
CY2024Q3 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
3841293 | usd |
CY2024Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
13594530 | shares |
CY2024Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
13594530 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
13594530 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
13594530 | shares |
CY2024Q3 | us-gaap |
Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
|
P5Y | |
us-gaap |
Payments For Repurchase Of Initial Public Offering
PaymentsForRepurchaseOfInitialPublicOffering
|
100 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-684391 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-887420 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
6468722 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2958693 | usd | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13594530 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13594530 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13594530 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13307954 | shares | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13594530 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13594530 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13594530 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13307954 | shares | |
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.05 | |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.07 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.48 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.48 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.22 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.22 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4530000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4530000 | shares | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | pure | |
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 as of September 30, 2024:<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; text-align: justify; 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; padding-bottom: 1.5pt">2025</td><td style="width: 1%; padding-bottom: 1.5pt"> </td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 9%; border-bottom: Black 1.5pt solid; text-align: right">25,122</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify; padding-bottom: 4pt; padding-left: 9pt">Total lease payments</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">25,122</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td></tr> </table> | ||
CY2024Q3 | gtec |
Lessee Payments Remainder Of Fiscal Year
LesseePaymentsRemainderOfFiscalYear
|
25122 | usd |
CY2024Q3 | gtec |
Lessee Liability Payments Due
LesseeLiabilityPaymentsDue
|
25122 | usd |
CY2024Q3 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
7600000 | usd |
CY2019Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
1340000 | usd |
CY2024Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
01-0038605 | ||
CY2023 | us-gaap |
Common Stock Shares Authorized Unlimited
CommonStockSharesAuthorizedUnlimited
|
Unlimited | |
CY2023Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
usd | ||
CY2023Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
usd | ||
us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
usd | ||
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
usd | ||
gtec |
Payment Of Loan To Third Parties
PaymentOfLoanToThirdParties
|
usd | ||
us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
usd | ||
us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
usd | ||
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
usd | ||
us-gaap |
General Insurance Expense
GeneralInsuranceExpense
|
70000 | usd | |
CY2024Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
usd | |
gtec |
Preferred Shares Designated
PreferredSharesDesignated
|
shares | ||
CY2023 | gtec |
Preferred Shares Designated
PreferredSharesDesignated
|
shares | |
CY2024Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
shares | |
CY2023Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
shares | ||
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
shares | ||
CY2024Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
usd | |
us-gaap |
Line Of Credit Facility Maximum Amount Outstanding During Period
LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
|
usd | ||
CY2023Q4 | us-gaap |
Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
|
usd | |
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 |