WANG & LEE GROUP, Inc. financial data

Symbol
WLGS on Nasdaq
Industry
Construction - Special Trade Contractors
Location
5/F Wing Tai Factory Building,, 3 Tai Yip Street, Kwun Tong, Kowloon, Hong Kong, Hong Kong
State of incorporation
Virgin Islands, British
Fiscal year end
December 31
Latest financial report
Q4 2023 - May 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Operating Margin -11.3 % +26.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 15.1 M shares
Common Stock, Shares, Outstanding 15.1 M shares +25.8%
Weighted Average Number of Shares Outstanding, Basic 14.3 M shares +19%
Weighted Average Number of Shares Outstanding, Diluted 14.3 M shares +19%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 6.83 M USD +63.7%
Cost of Revenue 4.39 M USD +29.6%
General and Administrative Expense 3.21 M USD +125%
Operating Income (Loss) -771 K USD -20.2%
Nonoperating Income (Expense) 122 K USD +174%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -649 K USD -8.71%
Net Income (Loss) Attributable to Parent -649 K USD -8.71%
Earnings Per Share, Basic -0.04 USD/shares +20%
Earnings Per Share, Diluted -0.04 USD/shares +20%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 5.21 M USD +755%
Accounts Receivable, after Allowance for Credit Loss, Current 4 M USD +274%
Assets, Current 11.3 M USD +292%
Property, Plant and Equipment, Net 65.6 K USD +3518%
Operating Lease, Right-of-Use Asset 207 K USD
Assets 11.8 M USD +280%
Accounts Payable, Current 1.16 M USD +23.4%
Contract with Customer, Liability, Current 997 K USD +14.9%
Liabilities, Current 5.1 M USD +22.7%
Operating Lease, Liability, Noncurrent 89.3 K USD
Liabilities 5.78 M USD +20.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax 26.4 K USD +412%
Retained Earnings (Accumulated Deficit) -2.87 M USD -29.2%
Stockholders' Equity Attributable to Parent 6.01 M USD
Liabilities and Equity 11.8 M USD +280%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.81 M USD -981%
Net Cash Provided by (Used in) Financing Activities 8.41 M USD +1891%
Common Stock, Shares, Issued 15.1 M shares +25.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 60 K USD +69.5%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.17 pure 0%
Operating Lease, Liability 202 K USD
Depreciation 1.23 K USD -52.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -628 K USD -5.13%
Lessee, Operating Lease, Liability, to be Paid 213 K USD
Property, Plant and Equipment, Gross 131 K USD +122%
Operating Lease, Liability, Current 113 K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 96.5 K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 117 K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 10.8 K USD
Additional Paid in Capital 503 K USD 0%
Interest Expense 61.6 K USD +74%