Greenland Technologies shares rise 12.42% after-hours as improved ROCE and capital efficiency signal strong returns.

Greenland Technologies Holding surged 12.42% in after-hours trading following a Simply Wall St analysis highlighting improved returns on capital employed (ROCE). The report noted GTEC's ROCE rose to 16% (versus 11% for the Machinery industry) and emphasized a 33% growth in capital employed over five years, indicating efficient reinvestment and compounding potential. The analysis also cited reduced reliance on short-term liabilities (current liabilities to total assets dropped to 41%) and identified opportunities for continued internal investment. While acknowledging the stock’s 87% five-year decline, the report framed recent financial trends as positive for long-term growth prospects, aligning with the post-market rally.