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Side-by-side financial comparison of DYNEX CAPITAL INC (DX) and Greenland Technologies Holding Corp. (GTEC). Click either name above to swap in a different company.

DYNEX CAPITAL INC is the larger business by last-quarter revenue ($43.5M vs $23.9M, roughly 1.8× Greenland Technologies Holding Corp.). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs 23.4%). Over the past eight quarters, DYNEX CAPITAL INC's revenue compounded faster (75.8% CAGR vs 2.5%).

Dynex Capital Inc. is a publicly traded real estate investment trust headquartered in the United States. It specializes in investing in and managing a diversified portfolio of mortgage-backed securities, residential and commercial mortgage loans, and other mortgage-related assets. It delivers consistent returns to shareholders via regular dividends and long-term capital growth.

Greenland Technologies Holding Corp is a specialized developer and manufacturer of electric industrial vehicles, lithium-ion drivetrain systems and industrial clean energy solutions. Its core products include electric forklifts and electric construction equipment components, serving logistics, construction and industrial customers across North America and Asia Pacific.

DX vs GTEC — Head-to-Head

Bigger by revenue
DX
DX
1.8× larger
DX
$43.5M
$23.9M
GTEC
Growing faster (revenue YoY)
DX
DX
+507.9% gap
DX
531.3%
23.4%
GTEC
Faster 2-yr revenue CAGR
DX
DX
Annualised
DX
75.8%
2.5%
GTEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DX
DX
GTEC
GTEC
Revenue
$43.5M
$23.9M
Net Profit
$-1.6M
Gross Margin
35.4%
Operating Margin
-0.1%
Net Margin
-6.6%
Revenue YoY
531.3%
23.4%
Net Profit YoY
-120.8%
EPS (diluted)
$1.59
$-0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DX
DX
GTEC
GTEC
Q4 25
$43.5M
$23.9M
Q3 25
$30.6M
$23.4M
Q2 25
$23.1M
$21.7M
Q1 25
$17.1M
$21.7M
Q4 24
$19.4M
Q3 24
$18.8M
Q2 24
$23.0M
Q1 24
$-3.2M
$22.7M
Net Profit
DX
DX
GTEC
GTEC
Q4 25
$-1.6M
Q3 25
$150.4M
$5.7M
Q2 25
$-13.6M
$-3.2M
Q1 25
$-3.1M
$4.0M
Q4 24
$7.6M
Q3 24
$-684.4K
Q2 24
$4.7M
Q1 24
$40.1M
$2.5M
Gross Margin
DX
DX
GTEC
GTEC
Q4 25
35.4%
Q3 25
32.4%
Q2 25
26.5%
Q1 25
30.7%
Q4 24
26.6%
Q3 24
26.4%
Q2 24
29.4%
Q1 24
24.9%
Operating Margin
DX
DX
GTEC
GTEC
Q4 25
-0.1%
Q3 25
21.6%
Q2 25
-10.7%
Q1 25
22.2%
Q4 24
19.4%
Q3 24
15.5%
Q2 24
17.3%
Q1 24
8.5%
Net Margin
DX
DX
GTEC
GTEC
Q4 25
-6.6%
Q3 25
491.3%
24.5%
Q2 25
-58.8%
-14.8%
Q1 25
-18.0%
18.5%
Q4 24
39.2%
Q3 24
-3.6%
Q2 24
20.2%
Q1 24
-1256.8%
11.0%
EPS (diluted)
DX
DX
GTEC
GTEC
Q4 25
$1.59
$-0.11
Q3 25
$1.08
$0.33
Q2 25
$-0.14
$-0.20
Q1 25
$-0.06
$0.29
Q4 24
$0.56
Q3 24
$-0.05
Q2 24
$0.34
Q1 24
$0.64
$0.18

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DX
DX
GTEC
GTEC
Cash + ST InvestmentsLiquidity on hand
$531.0M
$32.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.5B
$72.9M
Total Assets
$17.3B
$115.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DX
DX
GTEC
GTEC
Q4 25
$531.0M
$32.2M
Q3 25
$491.0M
$33.0M
Q2 25
$387.5M
$23.1M
Q1 25
$327.4M
$20.2M
Q4 24
$25.2M
Q3 24
$24.7M
Q2 24
$22.6M
Q1 24
$295.7M
$18.8M
Stockholders' Equity
DX
DX
GTEC
GTEC
Q4 25
$2.5B
$72.9M
Q3 25
$2.0B
$75.4M
Q2 25
$1.6B
$69.2M
Q1 25
$1.4B
$64.6M
Q4 24
$60.2M
Q3 24
$57.1M
Q2 24
$56.3M
Q1 24
$958.5M
$51.9M
Total Assets
DX
DX
GTEC
GTEC
Q4 25
$17.3B
$115.8M
Q3 25
$14.2B
$123.4M
Q2 25
$11.3B
$123.6M
Q1 25
$9.0B
$118.6M
Q4 24
$115.6M
Q3 24
$127.5M
Q2 24
$126.8M
Q1 24
$6.3B
$139.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DX
DX
GTEC
GTEC
Operating Cash FlowLast quarter
$120.8M
$7.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DX
DX
GTEC
GTEC
Q4 25
$120.8M
$7.8M
Q3 25
$68.3M
$8.3M
Q2 25
$31.9M
$-1.7M
Q1 25
$6.4M
$1.2M
Q4 24
$4.4M
Q3 24
$6.1M
Q2 24
$11.3M
Q1 24
$-17.1M
$-8.4M
Free Cash Flow
DX
DX
GTEC
GTEC
Q4 25
Q3 25
$8.0M
Q2 25
Q1 25
$1.2M
Q4 24
Q3 24
$5.8M
Q2 24
Q1 24
$-9.6M
FCF Margin
DX
DX
GTEC
GTEC
Q4 25
Q3 25
34.2%
Q2 25
Q1 25
5.7%
Q4 24
Q3 24
30.9%
Q2 24
Q1 24
-42.3%
Capex Intensity
DX
DX
GTEC
GTEC
Q4 25
Q3 25
1.1%
Q2 25
Q1 25
0.1%
Q4 24
Q3 24
1.2%
Q2 24
Q1 24
5.2%
Cash Conversion
DX
DX
GTEC
GTEC
Q4 25
Q3 25
0.45×
1.44×
Q2 25
Q1 25
0.31×
Q4 24
0.57×
Q3 24
Q2 24
2.44×
Q1 24
-0.43×
-3.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DX
DX

Segment breakdown not available.

GTEC
GTEC

Transmission Boxes For Forklift$23.1M97%
Other$758.3K3%

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