v3.26.1
Unaudited Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 10,392,136 $ 7,775,330
Restricted cash 215,041 71,540
Short term investment 20,831,283 24,454,701
Notes receivable 18,733,369 14,704,079
Accounts receivable, net 25,885,240 17,256,479
Inventories, net 25,703,356 24,377,036
Advance to suppliers 75,640 80,757
Fixed deposit-current 1,500,264 2,966,386
Prepayments and other current assets 9,151,451 2,472,387
Total Current Assets 112,999,180 95,265,112
Non-current asset    
Property, plant and equipment, net 11,746,243 11,889,147
Land use rights, net 3,348,730 3,325,188
Intangible assets 53,082 68,691
Deferred tax assets 452,771 446,613
Fixed deposit-non current 7,474,063 4,421,828
Other non-current assets 478,779 355,762
Total non-current assets 23,553,668 20,507,229
TOTAL ASSETS 136,552,848 115,772,341
Current Liabilities    
Notes payable-bank acceptance notes 16,440,997 12,759,720
Accounts payable 33,565,416 25,604,917
Taxes payables 1,525,716 1,622,509
Contract liabilities 122,775 93,698
Other current liabilities 1,516,342 2,941,871
Total current liabilities 56,921,834 48,297,726
Non-current liabilities    
Deferred revenue 1,039,241 1,083,784
Warrant liability 123,837 70,910
Total non-current liabilities 1,163,078 1,154,694
TOTAL LIABILITIES 58,084,912 49,452,420
COMMITMENTS AND CONTINGENCIES
Shareholders’ equity    
Ordinary shares, value
Additional paid-in capital 38,602,913 33,017,917
Statutory reserves 3,842,331 3,842,331
Retained earnings 42,534,128 37,533,648
Accumulated other comprehensive loss (727,302) (1,452,410)
Total shareholders’ equity attributed to Greenland Technologies Holding Corporation and subsidiaries 84,252,070 72,941,486
Non-controlling interest (5,784,134) (6,621,565)
TOTAL SHAREHOLDERS’ EQUITY 78,467,936 66,319,921
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 136,552,848 115,772,341
Related Party    
Current assets    
Due from related parties-current 511,400 1,106,417
Current Liabilities    
Due to related parties 3,750,588 5,275,011
Class A Ordinary Shares    
Shareholders’ equity    
Ordinary shares, value
Class B Ordinary Shares    
Shareholders’ equity    
Ordinary shares, value