NASDAQ : MKDW
MKDWELL Tech Inc. — Financial statements
Consumer Discretionary · Auto Parts · Taiwan
Last price 0.1855 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 6.34M
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Financial statements
MKDWELL Tech Inc. (MKDW) reported revenue of 2.38M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2023 | FY2022 | |
|---|---|---|---|
| Revenue | 2.38M | 3.67M | 3.15M |
| Cost of Revenue | 1.96M | 3.00M | 2.13M |
| Gross Profit | 422.07K | 673.73K | 1.02M |
| Selling, General & Admin | 2.21M | 1.73M | 1.20M |
| Research & Development | 748.76K | 780.05K | 721.25K |
| Operating Expenses | 2.96M | 2.51M | 1.92M |
| Operating Income | -2.54M | -1.84M | -900.31K |
| Interest Expense | -284.97K | -244.43K | -390.03K |
| Other Non Operating Income (Expenses) | 2.88K | 16.23K | 73.26K |
| Pretax Income | -2.82M | -2.07M | -1.22M |
| Earnings From Continuing Operations | -2.82M | -2.07M | -1.22M |
| Minority Interest in Earnings | 614.97K | 478.43K | -39.19K |
| Net Income | -2.21M | -1.59M | -1.26M |
| Net Income to Common | -2.21M | -1.59M | -1.26M |
| Shares Outstanding (Basic) | 816.03K | 842.68K | 868.10K |
| Shares Outstanding (Diluted) | 816.03K | 842.68K | 868.10K |
| EPS (Basic) | -2.71 | -1.89 | -1.45 |
| EPS (Diluted) | -2.71 | -1.89 | -1.45 |
| Free Cash Flow | -2.08M | -563.41K | |
| Free Cash Flow Per Share | -2.46 | -0.65 | |
| Gross Margin | 17.70% | 18.35% | 32.32% |
| Operating Margin | -106.57% | -50.12% | -28.55% |
| Profit Margin | -92.61% | -43.31% | -39.84% |
| Free Cash Flow Margin | -56.56% | -17.87% | |
| EBITDA | -2.04M | -1.36M | -456.05K |
| EBITDA Margin | -85.73% | -37.06% | -14.46% |
| D&A For EBITDA | 496.90K | 479.35K | 444.26K |
| EBIT | -2.54M | -1.84M | -900.31K |
| EBIT Margin | -106.57% | -50.12% | -28.55% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2023 | FY2022 | |
|---|---|---|---|
| Cash & Equivalents | 271.61K | 924.43K | 417.01K |
| Short-Term Investments | 34.29K | ||
| Cash & Short-Term Investments | 271.61K | 958.72K | 417.01K |
| Accounts Receivable | 390.62K | 562.06K | 858.80K |
| Receivables | 390.62K | 1.14M | 858.80K |
| Inventory | 326.86K | 362.96K | 231.75K |
| Prepaid Expenses | 1.11M | 13.07K | 14.64K |
| Other Current Assets | 14.90K | 261.20K | 142.97K |
| Total Current Assets | 2.11M | 2.74M | 1.67M |
| Property, Plant & Equipment | 4.52M | 3.86M | 3.44M |
| Other Intangible Assets | 409.69K | 299.80K | 281.66K |
| Other Long-Term Assets | 1.13M | 2.27M | 2.75M |
| Total Assets | 8.17M | 9.17M | 8.13M |
| Accounts Payable | 197.24K | 304.67K | 211.05K |
| Accrued Expenses | 2.31M | 363.00K | 343.17K |
| Short-Term Debt | 3.46M | 3.07M | 1.40M |
| Current Portion of Long-Term Debt | 925.07K | 603.78K | 305.72K |
| Current Portion of Leases | 58.96K | 368.79K | 472.20K |
| Other Current Liabilities | 1.36M | 1.30M | |
| Total Current Liabilities | 6.96M | 6.07M | 4.03M |
| Long-Term Debt | 2.03M | 2.43M | 2.29M |
| Long-Term Leases | 30.49K | 259.13K | 181.66K |
| Other Long-Term Liabilities | 478.47K | 78.63K | 102.36K |
| Total Liabilities | 9.49M | 8.84M | 6.60M |
| Common Stock | 8.84M | ||
| Additional Paid-In Capital | 11.46M | 11.46M | 925.30K |
| Retained Earnings | -12.62M | -11.21M | -9.62M |
| Comprehensive Income & Other | 511.95K | 344.87K | 610.98K |
| Total Common Equity | -645.49K | 595.84K | 752.48K |
| Minority Interest | -680.83K | -261.25K | 781.80K |
| Shareholders' Equity | -1.33M | 334.59K | 1.53M |
| Total Liabilities & Equity | 8.17M | 9.17M | 8.13M |
| Total Debt | 6.51M | 6.73M | 4.65M |
| Net Cash (Debt) | -6.23M | -5.77M | -4.23M |
| Net Cash Per Share | -7.64 | -6.85 | -4.87 |
| Filing Date Shares Outstanding | 814.80K | 842.68K | 868.10K |
| Total Common Shares Outstanding | 814.80K | 842.68K | 868.10K |
| Working Capital | -4.84M | -3.33M | -2.36M |
| Book Value Per Share | -0.79 | 0.71 | 0.87 |
| Tangible Book Value | -1.06M | 296.05K | 470.81K |
| Tangible Book Value Per Share | -1.30 | 0.35 | 0.54 |
| Buildings | 2.63M | 2.36M | |
| Machinery | 2.28M | 1.71M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2023 | FY2022 | |
|---|---|---|---|
| Net Income | -1.59M | -1.26M | |
| Depreciation & Amortization | 563.04K | 528.11K | |
| Loss (Gain) From Sale of Assets | -18.99K | -4.99K | |
| Provision & Write-off of Bad Debts | -165.29K | 179.04K | |
| Other Operating Activities | -324.49K | 125.53K | |
| Change in Accounts Receivable | 441.25K | -36.92K | |
| Change in Inventory | -289.31K | 3.28K | |
| Change in Accounts Payable | 99.35K | -95.25K | |
| Change in Other Net Operating Assets | -39.31K | 427.61K | |
| Operating Cash Flow | -1.32M | -129.86K | |
| Capital Expenditures | -752.87K | -433.55K | |
| Sale of Property, Plant & Equipment | 5.42K | ||
| Other Investing Activities | -544.83K | ||
| Investing Cash Flow | -1.30M | -428.13K | |
| Short-Term Debt Issued | 412.94K | 117.46K | |
| Long-Term Debt Issued | 4.00M | 2.42M | |
| Total Debt Issued | 4.42M | 2.54M | |
| Short-Term Debt Repaid | -134.91K | -354.75K | |
| Long-Term Debt Repaid | -2.03M | -2.18M | |
| Total Debt Repaid | -2.16M | -2.54M | |
| Net Debt Issued (Repaid) | 2.25M | 482.00 | |
| Issuance of Common Stock | 882.00K | 605.21K | |
| Financing Cash Flow | 3.14M | 605.70K | |
| Foreign Exchange Rate Adjustments | -7.46K | -124.13K | |
| Net Cash Flow | 507.42K | -76.43K | |
| Free Cash Flow | -2.08M | -563.41K | |
| Free Cash Flow Margin | -56.56% | -17.87% | |
| Free Cash Flow Per Share | -2.46 | -0.65 | |
| Levered Free Cash Flow | -1.85M | ||
| Unlevered Free Cash Flow | -1.69M | ||
| Cash Interest Paid | 215.07K | 216.94K | |
| Change in Working Capital | 211.98K | 298.72K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2023 | FY2022 | |
|---|---|---|---|
| Market Capitalization | 5.24M | 79.08M | |
| Last Close Price | 0.15 | 315.00 | |
| PS Ratio | 2.20 | 21.55 | |
| PB Ratio | 236.36 | ||
| P/TBV Ratio | 267.14 | ||
| Debt / Equity Ratio | -4.91 | 20.11 | 3.03 |
| Net Debt / Equity Ratio | -4.70 | 17.24 | 2.76 |
| Net Debt / EBITDA Ratio | -3.05 | -4.24 | -9.27 |
| Net Debt / FCF Ratio | -2.78 | -7.51 | |
| Asset Turnover | 0.42 | ||
| Inventory Turnover | 10.08 | ||
| Quick Ratio | 0.10 | 0.25 | 0.32 |
| Current Ratio | 0.30 | 0.45 | 0.41 |
| Return on Equity (ROE) | -221.32% | ||
| Return on Assets (ROA) | -13.29% | ||
| Return on Capital Employed (ROCE) | -209.70% | -59.30% | -21.90% |
| Earnings Yield | -1,766.22% | -2.01% | |
| FCF Yield | -24.56% | -2.62% | |
| Buyback Yield / Dilution | 2.93% |