Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 10.12M | 8.16M | 1.18M | 1.20M | 638.06K |
Gross Profit | 3.07M | 3.32M | 581.12K | 622.19K | 377.00K |
EBITDA | -5.04M | 2.15M | 2.63M | 3.08M | 2.06M |
Net Income | -5.68M | 1.51M | 316.79K | 402.10K | 284.69K |
Balance Sheet | |||||
Total Assets | 13.96M | 10.71M | 1.45M | 1.25M | 851.95K |
Cash, Cash Equivalents and Short-Term Investments | 2.08M | 1.06M | 257.97K | 48.17K | 67.40K |
Total Debt | 1.43M | 314.91K | 210.68K | 148.61K | 114.30K |
Total Liabilities | 5.51M | 3.27M | 574.67K | 521.60K | 552.64K |
Stockholders Equity | 8.45M | 7.45M | 873.73K | 726.04K | 299.31K |
Cash Flow | |||||
Free Cash Flow | -689.00K | 538.20K | 209.89K | 96.69K | ― |
Operating Cash Flow | 294.97K | 1.30M | 423.64K | 230.90K | ― |
Investing Cash Flow | -3.43M | -761.79K | -212.78K | -132.93K | -31.90K |
Financing Cash Flow | 4.15M | -1.25M | 24.59K | -120.04K | 94.52K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
66 Neutral | $122.67M | 12.97 | 10.64% | ― | 14.32% | ― | |
54 Neutral | $7.82M | 109.53 | 1.69% | 7.06% | 3.31% | ― | |
49 Neutral | $52.05M | -26.71 | -22.95% | ― | 3.78% | 78.39% | |
45 Neutral | ― | ― | -81.84% | ― | ― | ― | |
39 Underperform | $46.53M | -9.12 | -8.06% | ― | -3.95% | 88.17% | |
38 Underperform | $1.87M | -0.01 | -74.36% | ― | -50.14% | 81.11% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
On August 22, 2025, Mingteng International Corporation Inc. announced the resignation of Ms. Ronghua Xu as an independent director and chairwoman of the Audit Committee. The Board of Directors subsequently appointed Mr. Yang Xiao as her successor, effective the same day. Mr. Xiao brings over 15 years of experience in accounting and management consulting to the company, having held various roles in prominent firms and acted as a financial advisor in significant IPOs. His appointment is expected to strengthen the company’s governance and financial oversight, potentially enhancing its industry positioning.
On August 12, 2025, Mingteng International Corporation Inc. held its annual general meeting of shareholders in Wuxi, China. The meeting saw participation from holders of approximately 86.69% of the company’s outstanding ordinary shares. During the meeting, all proposals recommended by the Board of Directors were approved, including the adoption of a dual-class share capital structure. This restructuring involves re-designating existing ordinary shares into Class A and Class B shares, with Class B shares having enhanced voting rights. The changes are expected to impact the company’s governance structure and shareholder dynamics.
On July 22, 2025, Mingteng International Corporation Inc. announced that its subsidiary, Wuxi Mingteng Mould Technology Co., Ltd., has entered into a collaboration with Jilin University to develop a new hot-work die steel for die-casting molds. This initiative, effective from December 26, 2024, aims to enhance the company’s technical capabilities and reduce material costs by 40%. The development project is expected to yield a die-casting lifespan exceeding 80,000 cycles, positioning Mingteng to compete with international leaders in the industry. The collaboration is anticipated to drive growth and provide substantial value to stakeholders by tapping into the increasing demand for high-quality aluminum alloy die-castings.
On July 14, 2025, Mingteng International Corporation Inc. experienced a significant change in its board of directors. Ms. Xiaoqiu Zhang resigned from her position as an independent director and chairman of the nominating and corporate governance committee. Subsequently, the board appointed Mr. Jianwei Xu as her successor, effective immediately. Mr. Xu brings over 25 years of experience in the energy, manufacturing, and advanced materials sectors, which could enhance the company’s strategic direction and governance. This leadership transition may impact the company’s operations and industry positioning, potentially influencing stakeholder confidence.
Mingteng International Corporation Inc., a company based in Wuxi, Jiangsu Province, China, announced its upcoming annual general meeting of shareholders to be held on August 12, 2025. The meeting will address several key proposals, including the adoption of a dual-class share capital structure, amendments to the company’s memorandum and articles of association, and the repurchase and issuance of shares. The proposed dual-class structure aims to re-designate existing shares into Class A and Class B shares, with differing voting rights, potentially impacting shareholder influence and corporate governance.