Mingteng Financial Statements From 2010 to 2024

MTEN Stock   5.68  0.25  4.22%   
Mingteng International financial statements provide useful quarterly and yearly information to potential Mingteng International investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Mingteng International financial statements helps investors assess Mingteng International's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Mingteng International's valuation are summarized below:
Profit Margin
0.0743
Market Capitalization
36.8 M
Enterprise Value Revenue
4.035
Revenue
9.1 M
Earnings Share
0.09
We have found one hundred twenty available fundamental ratios for Mingteng International, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Mingteng International's last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road.

Mingteng International Total Revenue

8.57 Million

Check Mingteng International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mingteng International's main balance sheet or income statement drivers, such as Tax Provision of 329.1 K, Interest Income of 3.7 K or Depreciation And Amortization of 425.1 K, as well as many indicators such as Price To Sales Ratio of 2.04, Dividend Yield of 0.0024 or PTB Ratio of 2.23. Mingteng financial statements analysis is a perfect complement when working with Mingteng International Valuation or Volatility modules.
  
Check out the analysis of Mingteng International Correlation against competitors.
To learn how to invest in Mingteng Stock, please use our How to Invest in Mingteng International guide.

Mingteng International Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.4 M1.5 M997.9 K
Slightly volatile
Short and Long Term Debt Total37.8 K39.8 K112.9 K
Pretty Stable
Other Current Liabilities1.6 M1.7 M1.3 M
Slightly volatile
Total Current Liabilities3.2 MM869.8 K
Slightly volatile
Total Stockholder Equity811 K1.1 M450.2 K
Slightly volatile
Property Plant And Equipment Net402.8 K470.3 K242.3 K
Slightly volatile
Current Deferred Revenue422 K401.9 K77.3 K
Slightly volatile
Retained Earnings6.8 M6.5 M1.1 M
Slightly volatile
Accounts Payable846.4 K1.3 M1.8 M
Slightly volatile
Cash143.7 K148.9 K89.3 K
Slightly volatile
Non Current Assets Total502.4 K571.2 K300.3 K
Slightly volatile
Non Currrent Assets Other68.7 K100.9 K21.2 K
Slightly volatile
Cash And Short Term Investments1.1 M1.1 M214.2 K
Slightly volatile
Net Receivables713.7 K564.2 K536.1 K
Slightly volatile
Common Stock Shares OutstandingM4.5 M4.9 M
Slightly volatile
Liabilities And Stockholders Equity1.4 M1.5 M997.9 K
Slightly volatile
Non Current Liabilities Total259.2 K246.9 K55 K
Slightly volatile
Inventory1.3 M1.2 M333.5 K
Slightly volatile
Total Liabilities421.9 K460.6 K537.2 K
Slightly volatile
Net Invested Capital6.4 M7.8 M3.7 M
Slightly volatile
Property Plant And Equipment Gross3.6 M4.6 M2.2 M
Slightly volatile
Short and Long Term Debt628.3 K314.9 K711.1 K
Very volatile
Total Current AssetsM6.7 M1.5 M
Slightly volatile
Accumulated Other Comprehensive Income68.7 K83.2 K48.5 K
Slightly volatile
Capital Stock40.045.049.0
Slightly volatile
Net Working Capital2.3 M3.6 M1.2 M
Slightly volatile
Short Term Debt37.8 K39.8 K599.5 K
Slightly volatile
Common Stock52.550.013.446
Slightly volatile
Short Term Investments725.8 K816.6 K889.2 K
Slightly volatile

Mingteng International Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Tax Provision329.1 K344.6 K187.1 K
Slightly volatile
Interest Income3.7 K4.5 K5.2 K
Slightly volatile
Depreciation And Amortization425.1 K404.9 K68.3 K
Slightly volatile
Interest Expense51 K59.5 K29.5 K
Slightly volatile
Selling General Administrative742.4 K797.1 K472.5 K
Slightly volatile
Selling And Marketing Expenses129.8 K153.2 K82.2 K
Slightly volatile
Total Revenue8.6 M8.2 M1.7 M
Slightly volatile
Gross Profit7.8 M7.5 M1.4 M
Slightly volatile
Other Operating Expenses6.7 M6.4 M1.2 M
Slightly volatile
Operating Income1.8 M1.7 M496.8 K
Slightly volatile
Net Income From Continuing Ops1.6 M1.5 MM
Pretty Stable
EBIT1.9 M1.7 M2.1 M
Pretty Stable
Research Development662.3 K630.8 K120.7 K
Slightly volatile
EBITDAM2.1 M2.2 M
Slightly volatile
Cost Of Revenue583.2 K682.4 K354.3 K
Slightly volatile
Total Operating Expenses1.7 M1.6 M314.1 K
Slightly volatile
Reconciled Depreciation382.4 K502 K232.3 K
Slightly volatile
Income Before Tax278.7 K261.3 K313.7 K
Pretty Stable
Net Income1.6 M1.5 M462.6 K
Slightly volatile
Income Tax Expense361.8 K344.6 K68 K
Slightly volatile

Mingteng International Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.9 M1.8 M260 K
Slightly volatile
Depreciation527.1 K502 K81.5 K
Slightly volatile
Other Non Cash Items1.4 M1.4 M410.6 K
Slightly volatile
Capital Expenditures134.3 K107.5 K63.5 K
Slightly volatile
Net Income243.2 K212.7 K287.1 K
Very volatile
End Period Cash Flow1.1 M1.1 M214.2 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.042.14522.3523
Slightly volatile
Dividend Yield0.00240.00270.0029
Slightly volatile
PTB Ratio2.232.3546.1243
Slightly volatile
Days Sales Outstanding150157232
Very volatile
Book Value Per Share1.561.48940.2685
Slightly volatile
Invested Capital485 K545.6 K594.1 K
Slightly volatile
Average Payables289.4 K325.5 K354.5 K
Slightly volatile
Capex To Depreciation1.441.51762.9582
Very volatile
PB Ratio2.232.3546.1243
Slightly volatile
EV To Sales1.952.054222.3971
Slightly volatile
ROIC0.320.18270.2768
Pretty Stable
Inventory Turnover2.053.01191.7293
Slightly volatile
Net Income Per Share0.320.30130.0928
Slightly volatile
Days Of Inventory On Hand176121233
Slightly volatile
Payables Turnover4.033.83390.9077
Slightly volatile
Sales General And Administrative To Revenue0.09280.09770.518
Slightly volatile
Average Inventory440.3 K806.6 K306.6 K
Slightly volatile
Research And Ddevelopement To Revenue0.04930.07730.056
Slightly volatile
Capex To Revenue0.0880.09340.0695
Slightly volatile
Cash Per Share0.220.21120.0427
Slightly volatile
Interest Coverage30.7729.300914.9687
Slightly volatile
Payout Ratio0.140.150.1624
Slightly volatile
Days Payables Outstanding90.4495.20352.3 K
Slightly volatile
ROE0.190.20230.7848
Slightly volatile
Tangible Asset Value580.8 K653.4 K711.5 K
Slightly volatile
PE Ratio11.0311.614853.1713
Slightly volatile
Return On Tangible Assets0.280.14060.3092
Slightly volatile
Earnings Yield0.09040.08610.0264
Slightly volatile
Current Ratio1.32.20631.3246
Slightly volatile
Tangible Book Value Per Share1.561.48940.2685
Slightly volatile
Receivables Turnover1.422.31931.7008
Very volatile
Graham Number3.343.17780.705
Slightly volatile
Shareholders Equity Per Share1.561.48940.2685
Slightly volatile
Debt To Equity0.04020.04231.7249
Slightly volatile
Capex Per Share0.160.15240.0303
Slightly volatile
Average ReceivablesM1.1 M1.2 M
Slightly volatile
Revenue Per Share1.711.63170.3481
Slightly volatile
Interest Debt Per Share0.08510.07490.121
Slightly volatile
Debt To Assets0.02790.02940.615
Slightly volatile
Enterprise Value Over EBITDA7.887.80348.103
Slightly volatile
Price Earnings Ratio11.0311.614853.1713
Slightly volatile
Operating Cycle499279476
Pretty Stable
Price Book Value Ratio2.232.3546.1243
Slightly volatile
Days Of Payables Outstanding90.4495.20352.3 K
Slightly volatile
Dividend Payout Ratio0.140.150.1624
Slightly volatile
Pretax Profit Margin0.390.22690.436
Slightly volatile
Ebt Per Ebit1.171.06231.081
Very volatile
Operating Profit Margin0.360.21360.405
Slightly volatile
Effective Tax Rate0.10.18610.0817
Slightly volatile
Company Equity Multiplier2.111.43872.549
Slightly volatile
Total Debt To Capitalization0.03850.04060.5409
Slightly volatile
Return On Capital Employed0.220.22650.7275
Slightly volatile
Debt Equity Ratio0.04020.04231.7249
Slightly volatile
Ebit Per Revenue0.360.21360.405
Slightly volatile
Quick Ratio0.971.67480.9498
Slightly volatile
Net Income Per E B T0.960.81390.9223
Slightly volatile
Cash Ratio0.210.34980.1681
Slightly volatile
Days Of Inventory Outstanding176121233
Slightly volatile
Days Of Sales Outstanding150157232
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.390.4147.477
Slightly volatile
Price To Book Ratio2.232.3546.1243
Slightly volatile
Fixed Asset Turnover3.292.44613.4256
Slightly volatile
Enterprise Value Multiple7.887.80348.103
Slightly volatile
Debt Ratio0.02790.02940.615
Slightly volatile
Price Sales Ratio2.042.14522.3523
Slightly volatile
Return On Assets0.280.14060.3092
Slightly volatile
Asset Turnover0.90.76150.7785
Slightly volatile
Net Profit Margin0.340.18470.4024
Slightly volatile
Gross Profit Margin0.550.40740.5645
Slightly volatile
Price Fair Value2.232.3546.1243
Slightly volatile
Return On Equity0.190.20230.7848
Slightly volatile

Mingteng Fundamental Market Drivers

Cash And Short Term Investments1.1 M

About Mingteng International Financial Statements

Mingteng International investors utilize fundamental indicators, such as revenue or net income, to predict how Mingteng Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue401.9 K422 K
Total Revenue8.2 M8.6 M
Cost Of Revenue682.4 K583.2 K
Sales General And Administrative To Revenue 0.10  0.09 
Research And Ddevelopement To Revenue 0.08  0.05 
Capex To Revenue 0.09  0.09 
Revenue Per Share 1.63  1.71 
Ebit Per Revenue 0.21  0.36 

Pair Trading with Mingteng International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mingteng International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mingteng International will appreciate offsetting losses from the drop in the long position's value.

Moving against Mingteng Stock

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The ability to find closely correlated positions to Mingteng International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mingteng International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mingteng International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mingteng International to buy it.
The correlation of Mingteng International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mingteng International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mingteng International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mingteng International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Mingteng International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mingteng International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mingteng International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mingteng International Stock:
Check out the analysis of Mingteng International Correlation against competitors.
To learn how to invest in Mingteng Stock, please use our How to Invest in Mingteng International guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mingteng International. If investors know Mingteng will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mingteng International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.18)
Earnings Share
0.09
Revenue Per Share
1.749
Quarterly Revenue Growth
0.267
Return On Assets
0.0407
The market value of Mingteng International is measured differently than its book value, which is the value of Mingteng that is recorded on the company's balance sheet. Investors also form their own opinion of Mingteng International's value that differs from its market value or its book value, called intrinsic value, which is Mingteng International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mingteng International's market value can be influenced by many factors that don't directly affect Mingteng International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mingteng International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mingteng International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mingteng International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.