v3.26.1
Unaudited Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenues $ 29,877,328 $ 21,719,786 $ 55,415,673 $ 43,397,350
Cost of goods sold 20,335,719 15,969,005 37,114,802 30,985,619
Gross profit 9,541,609 5,750,781 18,300,871 12,411,731
Selling expenses 1,674,395 1,003,766 2,093,409 1,335,575
General and administrative expenses 837,194 6,626,542 2,679,622 8,065,530
Research and development expenses 1,046,955 443,720 1,825,174 525,177
Total operating expenses 3,558,544 8,074,028 6,598,205 9,926,282
INCOME (LOSS) FROM OPERATIONS 5,983,065 (2,323,247) 11,702,666 2,485,449
Interest income 23,109 170,917 396,433 311,957
Interest expense (10,453) (43,833)
Change in fair value of the warrant liability 104,937 81,739 52,010 291,033
Other income 79,979 159,739 825,687 441,820
INCOME (LOSS) BEFORE INCOME TAX 6,180,637 (1,910,852) 12,932,963 3,530,259
INCOME TAX EXPENSE 1,237,631 848,920 2,241,526 1,727,195
NET INCOME (LOSS) 4,943,006 (2,759,772) 10,691,437 1,803,064
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST 1,439,551 465,496 2,187,502 1,024,549
NET INCOME (LOSS) ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES 3,503,455 (3,225,268) 8,503,935 778,515
OTHER COMPREHENSIVE INCOME: 1,086,162 940,906 1,900,750 1,389,002
Unrealized foreign currency translation income attributable to Greenland Technologies Holding Corporation and subsidiaries 975,752 853,622 1,700,860 1,265,758
Unrealized foreign currency translation income attributable to non-controlling interest 110,410 87,284 199,890 123,244
Total comprehensive income (loss) attributable to Greenland technologies holding corporation and subsidiaries 4,479,207 (2,371,646) 10,204,795 2,044,273
Total comprehensive income attributable to noncontrolling interest $ 1,549,961 $ 552,780 $ 2,387,392 $ 1,147,793
WEIGHTED AVERAGE ORDINARY SHARES OUTSTANDING: 26,544,222 16,099,824 24,162,323 14,875,091
Basic (in Dollars per share) $ 0.13 $ (0.2) $ 0.35 $ 0.05
Diluted (in Dollars per share) $ 0.13 $ (0.2) $ 0.35 $ 0.05