GCDTNYSEAir-Cond & Warm Air Heatg Equip & Comm & Indl Refrig EquipUS GAAP · USD

Green Circle Decarbonize Technology Ltd

Green Circle Decarbonize Technology Ltd is a United States-listed clean-technology company headquartered in Hong Kong and organized as a Cayman Islands exempted company. It develops customized energy-saving solutions, including BocaPCM-TES panels, and works with manufacturing partners to produce and commercialize its products in China and other markets.

Liikevaihto25,1milj. USD
Liikevoitto (EBIT)−6,8milj. USD
EBIT-marginaali−27,3%
Nettotulos−13,1milj. USD
−119,2 %v/v
Vapaa kassavirta−24,1milj. USD

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2024–2026

−100102030milj. USD202420252026: 25 milj. USD2026: EBIT −6,8 milj. USD202625−6,8
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: Green Circle Decarbonize Technology Ltd

Liiketoiminta

Osuus liikevaihdosta
Thermal energy storage panels55 %

BocaPCM-TES panels and related thermal management products used to store and manage heat energy.

Customized energy-saving solutions25 %

Tailored decarbonization and energy-efficiency solutions designed for specific customer applications.

Product development and R&D10 %

Engineering, product design, and technology development for new energy-saving applications.

Manufacturing partnership services10 %

Production outsourcing and partner coordination for mass manufacturing in China.

Asiakkaat

The company appears to sell to customers seeking energy-efficiency and decarbonization solutions, especially in applications where thermal management and lower energy consumption matter. Its products are likely used by industrial, commercial, and project-based customers that want customized panels and related systems rather than off-the-shelf equipment. The China manufacturing partnership suggests an international customer base that may include buyers in Asia and beyond.

Industrial and commercial customers

Buy energy-saving solutions and thermal storage products to reduce operating energy consumption and improve efficiency.

Project and engineering buyers

Purchase customized solutions for specific building, process, or infrastructure applications.

Distribution and channel partners

Support commercialization and access to new markets for the company's products.

Manufacturing partners

Provide production capacity and technical manufacturing support for BocaPCM-TES panels.

Strategia

The company’s strategy centers on scaling BocaPCM-TES panels through an exclusive manufacturing partnership rather than building its own production lines. It is also prioritizing R&D, product design, and international expansion, which should help it focus on technology development while using external capacity for manufacturing. This model is designed to speed commercialization, reduce upfront capital needs, and improve supply-chain flexibility.

Scale BocaPCM-TES through partnership manufacturingLyhyt aikaväli

Allows the company to commercialize product volume without building its own factories.

Concentrate on product innovationLyhyt aikaväli

R&D and design capability are key to differentiating customized energy-saving solutions.

Expand into global marketsKeskipitkä aikaväli

Broader market access is needed to monetize the technology beyond a single geography.

Maantiede

The company is headquartered in Hong Kong, incorporated in the Cayman Islands, and listed in the United States. Recent disclosures point to manufacturing in the People’s Republic of China through an exclusive production partner, while management also describes a global market expansion strategy. That geography creates exposure to cross-border operations, China manufacturing execution, and international commercialization.

Riskit

The company depends on a limited number of partners and on manufacturing execution in China, which can create supply-chain, quality, and timing risk. As an early-stage commercialization platform in a capital-intensive industry, it also faces execution risk in scaling demand, protecting intellectual property, and funding product expansion. Cross-border operations add regulatory, legal, and geopolitical exposure.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Single-partner manufacturing dependence1Supply-chain and production execution risk2Commercialization and demand risk3Cross-border regulatory risk4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Single-partner manufacturing dependenceVaikutus: KorkeaTodennäköisyys: Korkea

    The company relies on SANVO as sole supplier and exclusive manufacturer for mass production in China.

    Kohdistuu: BocaPCM-TES panel production

  2. Supply-chain and production execution riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Using external manufacturing capacity can create delays, quality issues, and coordination risk.

    Kohdistuu: China manufacturing

  3. Commercialization and demand riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The company must convert a product concept into repeatable commercial demand across markets.

    Kohdistuu: Energy-saving panels and customized solutions

  4. Cross-border regulatory riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Operations spanning the US, Hong Kong, Cayman Islands, and China increase compliance complexity.

    Kohdistuu: International operations

Kysy Clarifolta: Green Circle Decarbonize Technology Ltd

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition

Customized energy-saving solutions may involve milestones, delivery terms, or project-based obligations.

Vaikutus: Affects timing of revenue and gross profit recognition

Development cost capitalization

R&D and product design spending may be either expensed immediately or capitalized if criteria are met.

Vaikutus: Affects operating expenses and asset balances

Strategic partnership accounting

Exclusive manufacturing and supply agreements may involve advance payments, commitments, or contingent terms.

Vaikutus: Can affect liabilities, prepaids, and expense timing

Impairment of intangibles

Technology-driven companies may need to test product-related intangible assets if commercialization underperforms.

Vaikutus: Could create material non-cash charges

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026