Financial Snapshot

Revenue
$6.857M
TTM
Gross Margin
22.23%
TTM
Net Earnings
-$2.604M
TTM
Current Assets
Q4 2023
Current Liabilities
Q4 2023
Current Ratio
221.33%
Q4 2023
Total Assets
Q4 2023
Total Liabilities
Q4 2023
Book Value
$6.009M
Q4 2023
Cash
Q4 2023
P/E
-20.40
Nov 29, 2024 EST
Free Cash Flow
-$530.0K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $6.826M $4.170M $4.135M $4.074M
YoY Change 63.69% 0.84% 1.49%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $6.826M $4.170M $4.135M $4.074M
Cost Of Revenue $4.385M $3.384M $3.275M $3.339M
Gross Profit $2.441M $785.7K $859.8K $735.2K
Gross Profit Margin 35.76% 18.84% 20.79% 18.04%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $2.891M $1.427M $1.221M $592.5K
YoY Change 102.57% 16.92% 106.0%
% of Gross Profit 118.45% 181.64% 141.97% 80.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.228K $2.603K $3.629K $6.200K
YoY Change -52.82% -28.27% -41.47%
% of Gross Profit 0.05% 0.33% 0.42% 0.84%
Operating Expenses $2.891M $1.427M $1.221M $592.5K
YoY Change 102.57% 16.92% 106.0%
Operating Profit -$450.3K -$641.5K -$360.9K $142.6K
YoY Change -29.79% 77.76% -353.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense -$61.56K $35.38K $13.31K -$49.23K
YoY Change -274.01% 165.75% -127.04%
% of Operating Profit -34.52%
Other Income/Expense, Net $183.8K $44.57K $6.116K $190.2K
YoY Change 312.38% 628.76% -96.78%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$328.1K -$596.9K -$354.7K $283.6K
YoY Change -45.03% 68.26% -225.1%
Income Tax $0.00 $5.540K
% Of Pretax Income 1.95%
Net Earnings -$328.1K -$596.9K -$354.7K $278.0K
YoY Change -45.03% 68.26% -227.6%
Net Earnings / Revenue -4.81% -14.31% -8.58% 6.82%
Basic Earnings Per Share -$0.04 -$0.05 -$0.03
Diluted Earnings Per Share -$0.02 -$0.04 -$0.02 $0.02

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $5.210M $609.6K $537.7K $8.220K
YoY Change 754.66% 13.37% 6441.85%
Cash & Equivalents $5.210M $609.6K $537.7K $8.220K
Short-Term Investments
Other Short-Term Assets $188.8K $159.7K $16.63K $16.06K
YoY Change 18.21% 860.55% 3.55%
Inventory
Prepaid Expenses
Receivables $5.753M $2.106M $1.625M $1.766M
Other Receivables $251.9K $3.490K $85.40K $202.6K
Total Short-Term Assets $11.40M $2.879M $2.265M $1.993M
YoY Change 296.17% 27.11% 13.64%
Property, Plant & Equipment $272.4K $1.810K $4.430K $8.090K
YoY Change 14949.17% -59.14% -45.24%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $492.6K $221.4K $155.0K $128.6K
YoY Change 122.47% 42.84% 20.58%
Total Assets $11.90M $3.100M $2.420M $2.121M
YoY Change
Accounts Payable $1.157M $937.0K $694.6K $739.4K
YoY Change 23.42% 34.91% -6.06%
Accrued Expenses $113.2K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.159M $455.1K $258.5K $358.2K
YoY Change 154.75% 76.03% -27.83%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.240M $4.160M $2.783M $2.887M
YoY Change 25.95% 49.48% -3.6%
Long-Term Debt $677.2K $653.2K $752.9K $0.00
YoY Change 3.67% -13.24%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $677.2K $653.2K $752.9K $0.00
YoY Change 3.67% -13.24%
Total Liabilities $5.917M $4.813M $3.536M $2.887M
YoY Change 22.92% 36.13% 22.48%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 14.28M shares 12.00M shares 12.00M shares
Diluted Shares Outstanding 14.28M shares 12.00M shares 12.00M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $53.13 Million

About WANG & LEE GROUP, Inc.

Wang & Lee Group, Inc. is a holding company, which engages in the installation of electrical and mechanical systems, it includes low voltage electrical systems, mechanical ventilation and air-conditioning systems, fire service systems, water supply and sewage disposal system installation and fitting out for the public and private sectors. The firm is engaged in the provision of contract engineering, installation and out-fitting of the following products and services, such as low voltage electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, and water supply and sewage disposal systems.

Industry: Construction - Special Trade Contractors Peers: