NASDAQ : MTEN
Mingteng International Corporation Inc. — Financial statements
Industrials · Metal Fabrication · China
Last price 0.8407 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 6.43M
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Financial statements
Mingteng International Corporation Inc. (MTEN) reported revenue of 11.66M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 11.66M | 11.66M | 10.12M | 8.23M | 8.03M | 7.73M |
| Cost of Revenue | 9.04M | 9.04M | 7.05M | 4.90M | 4.11M | 3.72M |
| Gross Profit | 2.63M | 2.63M | 3.07M | 3.32M | 3.91M | 4.01M |
| Selling, General & Admin | 2.27M | 2.27M | 7.55M | 950.35K | 1.06M | 734.58K |
| Research & Development | 777.70K | 777.70K | 634.05K | 630.75K | 492.53K | 407.62K |
| Operating Expenses | 3.05M | 3.05M | 8.18M | 1.58M | 1.55M | 1.14M |
| Operating Income | -423.05K | -423.05K | -5.11M | 1.74M | 2.36M | 2.87M |
| Interest Expense | -38.69K | -38.69K | -36.77K | -59.48K | -53.99K | -51.47K |
| Interest & Investment Income | 998.00 | 998.00 | 1.23K | 4.46K | 2.17K | 6.51K |
| Other Non Operating Income (Expenses) | 139.31K | 139.31K | 695.36K | 164.23K | 151.14K | 171.50K |
| EBT Excluding Unusual Items | -321.43K | -321.43K | -4.45M | 1.85M | 2.46M | 3.00M |
| Gain (Loss) on Sale of Investments | -1.36M | -1.36M | -1.12M | |||
| Gain (Loss) on Sale of Assets | -69.30K | -69.30K | -24.91K | -648.00 | -6.91K | |
| Pretax Income | -1.75M | -1.75M | -5.60M | 1.85M | 2.46M | 2.99M |
| Income Tax Expense | 39.74K | 39.74K | 80.01K | 344.59K | 327.38K | 396.86K |
| Net Income | -1.79M | -1.79M | -5.68M | 1.51M | 2.13M | 2.59M |
| Net Income to Common | -1.79M | -1.79M | -5.68M | 1.51M | 2.13M | 2.59M |
| Shares Outstanding (Basic) | 45.42K | 45.42K | 34.20K | 25.00K | 25.00K | 25.00K |
| Shares Outstanding (Diluted) | 45.42K | 45.42K | 34.20K | 25.00K | 25.00K | 25.00K |
| EPS (Basic) | -39.34 | -39.34 | -166.06 | 60.27 | 85.33 | 103.73 |
| EPS (Diluted) | -39.34 | -39.34 | -166.06 | 60.27 | 85.33 | 103.73 |
| Free Cash Flow | -1.11M | -1.11M | -650.95K | 538.20K | 1.41M | 623.57K |
| Free Cash Flow Per Share | -24.44 | -24.44 | -19.04 | 21.53 | 56.53 | 24.94 |
| Gross Margin | 22.51% | 22.51% | 30.31% | 40.41% | 48.75% | 51.91% |
| Operating Margin | -3.63% | -3.63% | -50.52% | 21.19% | 29.42% | 37.13% |
| Profit Margin | -15.32% | -15.32% | -56.12% | 18.32% | 26.58% | 33.55% |
| Free Cash Flow Margin | -9.52% | -9.52% | -6.43% | 6.54% | 17.61% | 8.07% |
| EBITDA | 184.37K | 184.37K | -4.59M | 2.15M | 2.63M | 3.08M |
| EBITDA Margin | 1.58% | 1.58% | -45.36% | 26.11% | 32.81% | 39.84% |
| D&A For EBITDA | 607.42K | 607.42K | 522.20K | 404.88K | 272.24K | 209.17K |
| EBIT | -423.05K | -423.05K | -5.11M | 1.74M | 2.36M | 2.87M |
| EBIT Margin | -3.63% | -3.63% | -50.52% | 21.19% | 29.42% | 37.13% |
| Effective Tax Rate | 18.61% | 13.30% | 13.27% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.45M | 1.45M | 2.08M | 1.06M | 1.79M | 310.17K |
| Short-Term Investments | 177.98K | 177.98K | ||||
| Cash & Short-Term Investments | 1.63M | 1.63M | 2.08M | 1.06M | 1.79M | 310.17K |
| Accounts Receivable | 4.96M | 4.96M | 4.17M | 3.52M | 2.43M | 2.16M |
| Other Receivables | 50.28K | 50.28K | 15.69K | 12.34K | 5.29K | 152.10K |
| Receivables | 6.57M | 6.57M | 5.16M | 4.00M | 3.22M | 3.07M |
| Inventory | 1.61M | 1.61M | 1.31M | 1.61M | 1.30M | 1.39M |
| Other Current Assets | 49.76K | 49.76K | 96.66K | 5.46K | ||
| Total Current Assets | 9.86M | 9.86M | 8.64M | 6.66M | 6.32M | 4.77M |
| Property, Plant & Equipment | 6.01M | 6.01M | 3.90M | 3.34M | 3.20M | 2.28M |
| Long-Term Investments | 1.36M | |||||
| Other Intangible Assets | 44.07K | 44.07K | 67.71K | |||
| Long-Term Deferred Tax Assets | 6.14K | 2.17K | ||||
| Long-Term Deferred Charges | 715.77K | 550.37K | 443.90K | |||
| Other Long-Term Assets | 15.35M | 15.35M | ||||
| Total Assets | 31.26M | 31.26M | 13.96M | 10.71M | 10.07M | 7.95M |
| Accounts Payable | 3.92M | 3.92M | 1.52M | 1.26M | 967.39K | 1.26M |
| Accrued Expenses | 1.84M | 1.84M | 1.47M | 614.53K | 812.31K | 540.59K |
| Short-Term Debt | 1.73M | 1.73M | 1.39M | 314.91K | 1.43M | 705.80K |
| Current Portion of Leases | 406.85K | 406.85K | 13.01K | 100.56K | 234.38K | |
| Current Income Taxes Payable | 292.85K | 292.85K | 362.73K | 379.39K | 502.59K | 346.21K |
| Other Current Liabilities | 108.36K | 108.36K | 515.65K | 449.92K | 112.06K | 105.60K |
| Total Current Liabilities | 8.30M | 8.30M | 5.27M | 3.02M | 3.93M | 3.19M |
| Long-Term Leases | 727.23K | 727.23K | 20.41K | 6.96K | ||
| Long-Term Deferred Tax Liabilities | 173.19K | 173.19K | 221.55K | 246.89K | ||
| Other Long-Term Liabilities | 69.03K | 124.28K | ||||
| Total Liabilities | 9.20M | 9.20M | 5.51M | 3.27M | 3.99M | 3.32M |
| Common Stock | 223.00 | 223.00 | 68.00 | 50.00 | 50.00 | 50.00 |
| Additional Paid-In Capital | 22.83M | 22.83M | 7.62M | 897.31K | 897.31K | 751.96K |
| Retained Earnings | -534.29K | -534.29K | 1.25M | 6.93M | 5.43M | 3.64M |
| Comprehensive Income & Other | -244.23K | -244.23K | -419.56K | -382.37K | -248.63K | 231.21K |
| Shareholders' Equity | 22.05M | 22.05M | 8.45M | 7.45M | 6.07M | 4.63M |
| Total Liabilities & Equity | 31.26M | 31.26M | 13.96M | 10.71M | 10.07M | 7.95M |
| Total Debt | 2.87M | 2.87M | 1.42M | 314.91K | 1.53M | 947.14K |
| Net Cash (Debt) | -1.24M | -1.24M | 656.17K | 741.33K | 261.75K | -636.97K |
| Net Cash Per Share | -27.22 | -27.22 | 19.19 | 29.65 | 10.47 | -25.48 |
| Filing Date Shares Outstanding | 5.04M | 5.04M | 34.20K | 31.04K | 25.00K | 25.00K |
| Total Common Shares Outstanding | 111.73K | 111.73K | 34.20K | 25.00K | 25.00K | 25.00K |
| Working Capital | 1.55M | 1.55M | 3.38M | 3.64M | 2.39M | 1.58M |
| Book Value Per Share | 197.38 | 197.38 | 247.20 | 297.87 | 242.96 | 185.09 |
| Tangible Book Value | 22.01M | 22.01M | 8.39M | 7.45M | 6.07M | 4.63M |
| Tangible Book Value Per Share | 196.99 | 196.99 | 245.22 | 297.87 | 242.96 | 185.09 |
| Machinery | 6.68M | 6.68M | 5.56M | 4.56M | 3.50M | 2.37M |
| Leasehold Improvements | 303.42K | 303.42K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -1.79M | -1.79M | -5.68M | 1.51M | 2.13M | 2.59M |
| Depreciation & Amortization | 735.85K | 735.85K | 523.23K | 501.98K | 430.42K | 287.22K |
| Other Amortization | 15.20K | 15.20K | 11.83K | |||
| Loss (Gain) From Sale of Assets | 69.30K | 69.30K | 24.91K | 648.00 | 6.91K | |
| Loss (Gain) From Sale of Investments | 1.35M | 1.35M | 1.12M | |||
| Stock-Based Compensation | 4.41M | |||||
| Provision & Write-off of Bad Debts | 42.55K | 42.55K | -6.65K | -5.08K | 17.61K | 9.97K |
| Other Operating Activities | 33.11K | 33.11K | 33.59K | 260.16K | -4.30K | -1.76K |
| Change in Accounts Receivable | -727.32K | -727.32K | -705.87K | -1.13M | -489.08K | -298.84K |
| Change in Inventory | -353.00K | -353.00K | 156.34K | -332.32K | -28.89K | -110.28K |
| Change in Accounts Payable | 1.54M | 1.54M | 75.99K | 348.64K | 224.54K | -911.24K |
| Change in Income Taxes | -76.88K | -76.88K | 662.92K | -269.69K | 354.59K | 432.48K |
| Change in Other Net Operating Assets | -946.58K | -946.58K | -331.82K | 418.32K | 214.62K | -518.60K |
| Operating Cash Flow | -104.08K | -104.08K | 294.97K | 1.30M | 2.85M | 1.49M |
| Capital Expenditures | -1.01M | -1.01M | -945.92K | -761.79K | -1.44M | -865.57K |
| Sale of Property, Plant & Equipment | 47.45K | 47.45K | 28.08K | 6.56K | 8.23K | |
| Sale (Purchase) of Intangibles | -37.70K | |||||
| Investment in Securities | -170.46K | -170.46K | -2.48M | |||
| Other Investing Activities | -14.95M | -14.95M | ||||
| Investing Cash Flow | -16.08M | -16.08M | -3.43M | -761.79K | -1.43M | -857.34K |
| Short-Term Debt Issued | 3.11M | 3.11M | 1.40M | 1.42M | 1.71M | |
| Total Debt Issued | 3.11M | 3.11M | 1.40M | 1.42M | 1.71M | |
| Short-Term Debt Repaid | -2.80M | -2.80M | -280.83K | -2.48M | -966.39K | |
| Long-Term Debt Repaid | -12.49K | -230.37K | -335.49K | |||
| Total Debt Repaid | -2.80M | -2.80M | -280.83K | -2.50M | -1.20M | -335.49K |
| Net Debt Issued (Repaid) | 310.60K | 310.60K | 1.12M | -1.08M | 513.00K | -335.49K |
| Issuance of Common Stock | 15.21M | 15.21M | 3.29M | 148.68K | ||
| Common Dividends Paid | -352.12K | |||||
| Other Financing Activities | -264.95K | -172.18K | -144.00K | -438.69K | ||
| Financing Cash Flow | 15.52M | 15.52M | 4.15M | -1.25M | 165.56K | -774.17K |
| Foreign Exchange Rate Adjustments | 34.94K | 34.94K | 11.56K | -26.30K | -99.16K | 8.62K |
| Net Cash Flow | -627.72K | -627.72K | 1.02M | -737.09K | 1.49M | -133.75K |
| Free Cash Flow | -1.11M | -1.11M | -650.95K | 538.20K | 1.41M | 623.57K |
| Free Cash Flow Margin | -9.52% | -9.52% | -6.43% | 6.54% | 17.61% | 8.07% |
| Free Cash Flow Per Share | -24.44 | -24.44 | -19.04 | 21.53 | 56.53 | 24.94 |
| Levered Free Cash Flow | 92.40K | 92.40K | 943.39K | 18.57K | 516.95K | -14.49K |
| Unlevered Free Cash Flow | 116.58K | 116.58K | 966.37K | 55.74K | 550.69K | 17.67K |
| Cash Interest Paid | 38.09K | 38.09K | 36.77K | 59.48K | 101.46K | 31.28K |
| Cash Income Tax Paid | 168.05K | 168.05K | 113.11K | 205.76K | 53.99K | 8.66K |
| Change in Working Capital | -564.95K | -564.95K | -142.43K | -964.42K | 275.79K | -1.41M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 6.53M | 18.25M | 38.49M | |||
| Enterprise Value | 7.76M | 18.11M | 38.54M | |||
| Last Close Price | 0.85 | 167.02 | 1,240.00 | |||
| PS Ratio | 0.56 | 1.56 | 3.80 | |||
| PB Ratio | 0.00 | 0.83 | 4.55 | |||
| P/TBV Ratio | 0.30 | 0.83 | 4.59 | |||
| P/OCF Ratio | 130.47 | |||||
| EV/Sales Ratio | 0.67 | 1.55 | 3.81 | |||
| EV/EBITDA Ratio | 42.11 | 98.23 | ||||
| Debt / Equity Ratio | 0.13 | 0.13 | 0.17 | 0.04 | 0.25 | 0.20 |
| Debt / EBITDA Ratio | 5.94 | 5.94 | 0.14 | 0.54 | 0.30 | |
| Debt / FCF Ratio | 0.58 | 1.08 | 1.52 | |||
| Net Debt / Equity Ratio | 0.06 | 0.06 | -0.08 | -0.10 | -0.04 | 0.14 |
| Net Debt / EBITDA Ratio | 6.71 | 6.71 | 0.14 | -0.34 | -0.10 | 0.21 |
| Net Debt / FCF Ratio | -1.11 | -1.11 | 1.01 | -1.38 | -0.18 | 1.02 |
| Asset Turnover | 0.52 | 0.52 | 0.82 | 0.79 | 0.89 | 1.14 |
| Inventory Turnover | 6.21 | 6.21 | 4.84 | 3.37 | 3.06 | 2.82 |
| Quick Ratio | 0.80 | 0.80 | 1.19 | 1.52 | 1.08 | 0.82 |
| Current Ratio | 1.19 | 1.19 | 1.64 | 2.21 | 1.61 | 1.50 |
| Return on Equity (ROE) | -11.72% | -11.72% | -71.43% | 22.29% | 39.87% | 78.77% |
| Return on Assets (ROA) | -1.17% | -1.17% | -25.90% | 10.48% | 16.38% | 26.53% |
| Return on Invested Capital (ROIC) | -1.82% | -2.72% | -70.50% | 22.66% | 36.96% | 66.14% |
| Return on Capital Employed (ROCE) | -1.80% | -1.80% | -58.80% | 22.70% | 38.40% | 60.30% |
| Earnings Yield | -4,610.79% | -9.79% | -14.76% | |||
| FCF Yield | -17.01% | -6.08% | -1.69% | |||
| Payout Ratio | 16.51% | |||||
| Buyback Yield / Dilution | -32.82% | -32.82% | -36.79% |