Greenland Technologies Holding (NASDAQ:GTEC) Shareholders Have Enjoyed An Impressive 149% Share Price Gain
Some Greenland Technologies Holding Corporation (NASDAQ:GTEC) shareholders are probably rather concerned to see the share price fall 30% over the last three months. But that doesn't detract from the splendid returns of the last year. We're very pleased to report the share price shot up 149% in that time. So some might not be surprised to see the price retrace some. Investors should be wondering whether the business itself has the fundamental value required to continue to drive gains.
See our latest analysis for Greenland Technologies Holding
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).
During the last year Greenland Technologies Holding grew its earnings per share (EPS) by 130%. We note that the earnings per share growth isn't far from the share price growth (of 149%). So this implies that investor expectations of the company have remained pretty steady. It looks like the share price is responding to the EPS.
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
It's probably worth noting that the CEO is paid less than the median at similar sized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. Dive deeper into the earnings by checking this interactive graph of Greenland Technologies Holding's earnings, revenue and cash flow.
A Different Perspective
It's nice to see that Greenland Technologies Holding shareholders have gained 149% over the last year. Unfortunately the share price is down 30% over the last quarter. It may simply be that the share price got ahead of itself, although there may have been fundamental developments that are weighing on it. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 6 warning signs with Greenland Technologies Holding (at least 2 which shouldn't be ignored) , and understanding them should be part of your investment process.
Of course Greenland Technologies Holding may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.
This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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