Energy Recovery vs Greenland Technologies Holding
Energy Recovery is the larger business, with $135m of revenue in fiscal 2025 against $90.7m for Greenland Technologies Holding (1.5 times as much). Greenland Technologies Holding grew faster (8.0% against -6.9%). Energy Recovery kept more of each dollar of sales as profit: a net margin of 17.0% against 5.4%. Energy Recovery carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | Energy RecoveryERII, 2025 | Greenland Technologies HoldingGTEC, 2025 |
|---|---|---|
| Revenue | $135m | $90.7m |
| Revenue growth | -6.9% | 8.0% |
| Net income | $23.0m | $4.9m |
| Operating margin | 17.7% | 8.3% |
| Net margin | 17.0% | 5.4% |
| Return on equity | 11.0% | 7.4% |
| Free cash flow | $17.4m | $15.1m |
| Cash | $48.1m | $7.8m |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | 34.6% |
| Share buybacks | $35.6m | — |
| Employees | 230 | — |
| Market value | $367m | $8.5m |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 60 (Moderate) | 32 (Weak) |
| Insider trades, 12 months | 2 buys, 17 sales | 0 buys, 0 sales |