|
|
Greenland Technologies Holding Corporation (GTEC) |
|
|
|
| |
Greenland Technologies Holding's Suppliers Performance
GTEC's Supply Chain
| |
| GTEC Costs vs Sales of Suppliers Growth |
Greenland Technologies Holding's Suppliers realized sales deteriorated by -5.94 % compare to the same quarter a year ago, sequentially sales grew by 3.3 %, Greenland Technologies Holding's cost of sales deteriorated by % year on year, sequentially cost of sales grew by 7.68 % in Q3.
• More on GTEC Suppliers
|
|
|
Greenland Technologies Holding's Suppliers realized a deteriorated in sales by -5.94 % compared to the same quarter a year ago, sequentially sales grew by 3.3 %, Greenland Technologies Holding's cost of sales deteriorated by -5.63 % year on year, sequentially cost of sales grew by 7.68 % in Q3.
• More on GTEC Suppliers
|
Select the Relationship:
|
|
Select the Category:
|
|
Greenland Technologies Holding's Comment on Supply Chain
The key raw materials used to manufacture its products are processed metal-based parts and components, including iron castings and gears, which are purchased from our domestic suppliers in the PRC. Most of our suppliers are located within close proximity to our manufacturing facilities, which reduces our transportation and inventory costs.
The prices for iron and steel and other raw materials have historically fluctuated significantly in the PRC, which in turn has affected the Company’s business and operation results. Greenland closely monitors changes in raw material prices and seeks to adjust its inventory of raw materials during inflation periods. In addition, Greenland seeks to minimize the impact of fluctuations in raw material prices by adopting bidding processes in its raw material procurement process Greenland also seeks to price its products to reflect the expected fluctuations in raw material prices to the extent possible. However, there can be no assurance that Greenland could precisely estimate any increase in raw material price or pass on such increase to its customers.
Greenland Technologies Holding's Comment on Supply Chain
The key raw materials used to manufacture its products are processed metal-based parts and components, including iron castings and gears, which are purchased from our domestic suppliers in the PRC. Most of our suppliers are located within close proximity to our manufacturing facilities, which reduces our transportation and inventory costs.
The prices for iron and steel and other raw materials have historically fluctuated significantly in the PRC, which in turn has affected the Company’s business and operation results. Greenland closely monitors changes in raw material prices and seeks to adjust its inventory of raw materials during inflation periods. In addition, Greenland seeks to minimize the impact of fluctuations in raw material prices by adopting bidding processes in its raw material procurement process Greenland also seeks to price its products to reflect the expected fluctuations in raw material prices to the extent possible. However, there can be no assurance that Greenland could precisely estimate any increase in raw material price or pass on such increase to its customers.
|
GTEC's Suppliers Net profit fell by |
GTEC's Suppliers Net margin fell in Q3 to |
|
-22.05 % |
26.8 % |
GTEC's vs. Suppliers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
| COMPANY NAME |
MARKET CAP |
REVENUES |
INCOME |
EMPLOYEES |
| Greenland Technologies Holding Corporation |
31.17 |
94.64 |
7.81 |
- |
| Allegiance Bancshares Inc. |
855.34 |
236.52 |
75.71 |
305 |
| Atlantic Capital Bancshares inc |
661.93 |
118.57 |
48.43 |
361 |
| Ajs Bancorp, Inc. |
0.00 |
0.00 |
0.00 |
40 |
| American National Bankshares Inc |
378.89 |
110.61 |
37.69 |
303 |
| American River Bankshares |
123.00 |
27.90 |
8.27 |
100 |
| Arrow Financial Corporation |
518.93 |
142.34 |
107.76 |
511 |
| Bankfinancial Corp |
137.26 |
53.55 |
9.43 |
230 |
| Brookline Bancorp inc |
1,052.70 |
317.54 |
195.49 |
675 |
| Cordia Bancorp Inc |
0.00 |
0.00 |
0.00 |
55 |
| Calamp Corp |
163.61 |
284.82 |
-33.58 |
840 |
| Commerce Bancshares Inc |
8,156.89 |
1,447.07 |
481.72 |
4,391 |
| Consensus Cloud Solutions Inc |
1,191.96 |
97.90 |
30.90 |
459 |
| California First National Bancorp |
168.26 |
23.81 |
8.02 |
107 |
| Cullen |
8,654.05 |
1,693.10 |
579.15 |
4,211 |
| Community First Inc |
0.00 |
19.75 |
3.90 |
106 |
| Commercial Bancshares Inc Oh |
0.00 |
0.00 |
0.00 |
72 |
| Comtech Telecommunications Corp |
456.97 |
500.62 |
-38.16 |
1,852 |
| Congaree Bancshares Inc |
0.00 |
0.00 |
0.00 |
20 |
| Citizens Bancshares Corp |
0.00 |
0.00 |
0.00 |
97 |
| Dcb Financial Corp |
0.00 |
0.00 |
0.00 |
164 |
| Embassy Bancorp Inc |
138.02 |
46.68 |
16.92 |
76 |
| Equity Bancshares Inc |
512.88 |
196.69 |
56.55 |
297 |
| First Business Financial Services Inc |
312.64 |
127.00 |
39.29 |
258 |
| Fidelity D and D Bancorp Inc |
278.16 |
86.71 |
30.66 |
164 |
| First Midwest Bancorp Inc |
2,447.32 |
729.14 |
176.87 |
1,790 |
| F and m Bank Corp |
78.04 |
32.23 |
-3.88 |
168 |
| Fnb Corp |
5,243.16 |
1,297.00 |
399.00 |
2,747 |
| First Nbc Bank Holding Co |
0.00 |
0.00 |
0.00 |
486 |
| Fncb Bancorp Inc |
163.68 |
59.03 |
19.48 |
269 |
| Franklin Financial Services Corporation |
145.55 |
64.82 |
14.87 |
250 |
| First National Corp |
110.00 |
54.19 |
14.20 |
187 |
| Gates Industrial Corporation Plc |
3,978.96 |
3,453.80 |
310.90 |
0 |
| Hills Bancorporation |
668.43 |
136.04 |
41.87 |
391 |
| Hcsb Financial Corp |
60.27 |
28.19 |
23.60 |
90 |
| County Bancorp Inc |
218.44 |
61.82 |
19.30 |
97 |
| Isabella Bank Corp |
179.67 |
70.85 |
20.60 |
374 |
| Investors Bancorp Inc |
3,293.49 |
884.15 |
313.33 |
1,712 |
| Juniata Valley Financial Corp |
81.46 |
26.92 |
6.35 |
105 |
| Kvh Industries Inc |
187.06 |
161.23 |
19.43 |
604 |
| Lnb Bancorp Inc |
0.00 |
0.00 |
0.00 |
272 |
| Mackinac Financial Corp |
226.13 |
63.81 |
13.79 |
173 |
| National Bank Holdings Corp |
1,353.94 |
282.65 |
77.32 |
956 |
| National Commerce Corp |
684.89 |
119.48 |
25.10 |
289 |
| Newstar Financial, Inc. |
488.51 |
88.95 |
20.45 |
122 |
| Nicolet Bankshares Inc |
0.00 |
0.00 |
0.00 |
280 |
| New Peoples Bankshares Inc |
58.54 |
37.56 |
0.00 |
0 |
| Prosperity Bancshares Inc |
7,160.18 |
1,139.71 |
515.23 |
3,037 |
| Pilgrim Bancshares, Inc. |
48.30 |
8.13 |
1.28 |
34 |
| Prime Meridian Holding Co |
83.50 |
27.18 |
8.79 |
56 |
| Sb Financial Group, Inc. |
0.00 |
0.00 |
0.00 |
214 |
| Renasant Corp |
2,130.86 |
595.55 |
156.85 |
1,996 |
| Southeastern Bank Financial Corp |
0.00 |
63.86 |
16.35 |
346 |
| Simmons First National Corp |
3,009.18 |
833.49 |
492.26 |
1,946 |
| Svb Financial Group |
19,239.55 |
5,857.92 |
1,712.24 |
3,898 |
| Smartfinancial Inc |
468.87 |
153.49 |
36.67 |
225 |
| Sun Bancorp Inc |
470.12 |
73.91 |
61.62 |
362 |
| Sunnyside Bancorp Inc |
15.31 |
2.28 |
-0.94 |
15 |
| Santander Holdings Usa Inc. |
0.00 |
9,412.96 |
2,616.57 |
15,150 |
| Square 1 Financial Inc |
0.00 |
0.00 |
0.00 |
258 |
| Surrey Bancorp |
0.00 |
0.00 |
0.00 |
64 |
| Southstate Corp |
6,239.31 |
1,509.96 |
459.39 |
2,058 |
| S and t Bancorp Inc |
1,482.12 |
341.56 |
117.73 |
1,067 |
| Sierra Wireless Inc |
1,120.78 |
713.51 |
-70.54 |
1,150 |
| T Bancshares, Inc. |
0.00 |
0.00 |
0.00 |
39 |
| Mufg Americas Holdings Corporation |
0.00 |
6,260.00 |
1,126.00 |
12,400 |
| United Bancshares Inc |
16.87 |
12.98 |
2.27 |
151 |
| Uwharrie Capital Corp |
47.60 |
37.49 |
6.52 |
156 |
| Washington Trust Bancorp Inc |
759.04 |
226.43 |
75.30 |
582 |
| Wilson Bank Holding Co |
0.00 |
164.55 |
54.50 |
446 |
| Wsfs Financial Corporation |
3,205.66 |
791.87 |
194.61 |
947 |
| West Bancorporation Inc |
372.44 |
108.46 |
49.36 |
174 |
| Zuora Inc |
1,164.04 |
345.50 |
-99.93 |
1,393 |
| SUBTOTAL |
90,462.76 |
41,863.83 |
10,702.85 |
75,220 |
|
2.17 % 