| 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 |
|---|---|---|---|---|---|---|---|
68 Neutral | $127.64M | 13.50 | 11.00% | ― | 14.32% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
49 Neutral | $7.03M | 98.63 | 1.07% | 8.22% | 3.31% | ― | |
44 Neutral | $17.37M | -18.46 | -81.84% | ― | ― | ― | |
44 Neutral | $45.48M | -23.34 | -23.42% | ― | 3.78% | 78.39% | |
42 Neutral | $41.45M | -8.12 | -8.37% | ― | -3.95% | 88.17% | |
38 Underperform | $980.73K | ― | -240.46% | ― | -50.14% | 81.11% |
On September 15, 2025, Mingteng International Corporation Inc. announced the resignation of Mr. Wenkai Fang as an independent director and chairman of the compensation committee, effective immediately upon the board’s approval. Concurrently, the company appointed Mr. Faming Lu, a seasoned legal professional with over 22 years of experience, as the new independent director, chairman of the compensation committee, and a member of the audit and nominating and corporate governance committees. This leadership change is expected to bring valuable legal expertise to the company’s governance structure.
On September 30, 2025, Mingteng International Corporation Inc. released its financial results for the first half of 2025, showing a revenue increase to $5.26 million, up from $4.65 million in the same period of 2024. The company’s growth is driven by its customized mold production services, which accounted for the majority of its revenue. However, Mingteng faces challenges due to its dependency on major customers and fluctuations in raw material costs, which could impact its financial stability and market position. The company’s strategic focus on technological innovation and maintaining strong customer relationships is crucial for sustaining its competitive edge in the automotive mold industry.
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.