Green Circle Decarbonize Technology Limited Overview
Pro stress-test →Green Circle Decarbonize Technology specializes in phase change material (PCM) thermal energy storage (TES) technology, designing, developing, and manufacturing energy saving solutions. The company positions its business around decarbonization by designing, developing and providing customized energy saving solutions intended to reduce carbon emissions and support a more sustainable future.
Strategic Profile
Pro stress-test →The company closed its IPO in January 2026, selling 2,500,000 shares at $4.00 per share for gross proceeds of approximately $10,000,000. In fiscal year 2025, GCDT's revenue was $16.57 million, an increase of 216.53% compared to the previous year's $5.24 million, demonstrating rapid growth in the thermal energy storage sector.
Competitive Landscape
Pro stress-test →Green Circle competes in the thermal energy storage materials and systems market alongside broader HVAC and refrigeration technology providers. Direct competitors include established thermal storage manufacturers and emerging phase-change material innovators. The company's proprietary PCM-TES technology and customized engineering services differentiate it from commodity HVAC suppliers, though it faces larger players with greater manufacturing scale and distribution networks.
Industry Context
Green Circle Decarbonize Technology Limited operates in Phase change thermal energy storage systems.
Key facts
Founded: 1992 · Headquarters: Kwun Tong, Hong Kong · Revenue: $16.57M (FY2025) · Market cap: $8.9M