Greenland Technologies Holding Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $4.9M | $14.1M | $-15.9M | $745.6K | $6.3M | $6.8M | $4.5M | $6.6M |
| Depreciation & Amortization | $2.4M | $2.2M | $2.2M | $2.4M | $2.5M | $2.4M | $2.3M | $1.6M |
| Depreciation | $2.3M | $2.1M | $2.0M | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $5.5M | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $15.6M | $13.3M | $2.4M | $7.3M | $-5.8M | $2.7M | $8.0M | $3.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $525.7K | $2.0M | $735.5K | — | — | — | $1.3M | $6.7M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-919.6K | $-1.9M | $1.1M | $33.7K | $-639.0K | $-822.8K | $-1.6M | $-6.0M |
| Financing Activities | ||||||||
| Dividends Paid | $2.2M | $5.9M | $703.6K | — | — | — | $159.6K | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-15.6M | $-30.9M | $2.9M | $-4.3M | $14.5M | $2.3M | $-9.6M | $-157.9K |
| Net Change in Cash | — | — | — | — | — | $4.2M | $-3.2M | $-3.1M |
| Free Cash Flow | $15.1M | $11.4M | $1.7M | — | — | — | $6.7M | $-3.6M |