FGI Industries Ltd. financial data

Symbol
FGI, FGIWW on Nasdaq
Industry
Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures
Location
906 Murray Road, East Hanover, NJ
State of incorporation
Cayman Islands
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 146 % -9.41%
Quick Ratio 36 % -8.49%
Debt-to-equity 194 % +11.4%
Return On Equity -1.11 % -128%
Return On Assets -0.37 % -126%
Operating Margin 0.32 % -81.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 9.56M shares +0.67%
Common Stock, Shares, Outstanding 9.56M shares +0.67%
Entity Public Float 4.41M USD -23.7%
Common Stock, Value, Issued 956 USD +0.63%
Weighted Average Number of Shares Outstanding, Basic 9.56M shares +0.67%
Weighted Average Number of Shares Outstanding, Diluted 9.56M shares -2.28%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 333K USD
Revenue from Contract with Customer, Excluding Assessed Tax 127M USD +7.71%
Cost of Revenue 91.5M USD +4.51%
Research and Development Expense 1.53M USD +7.7%
Selling and Marketing Expense 24.6M USD +34.2%
General and Administrative Expense 9.22M USD +5.07%
Operating Income (Loss) 408K USD -80.2%
Nonoperating Income (Expense) -814K USD -2.75%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -406K USD -132%
Income Tax Expense (Benefit) 403K USD -7.34%
Net Income (Loss) Attributable to Parent -260K USD -129%
Earnings Per Share, Basic -0.02 USD/shares -122%
Earnings Per Share, Diluted -0.03 USD/shares -123%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3M USD -44.4%
Accounts Receivable, after Allowance for Credit Loss, Current 19M USD +14.5%
Inventory, Net 13.8M USD +43.1%
Other Assets, Current 262K USD -75.8%
Assets, Current 52.4M USD +11.4%
Deferred Income Tax Assets, Net 2.02M USD +43.4%
Property, Plant and Equipment, Net 2.96M USD +110%
Operating Lease, Right-of-Use Asset 13.5M USD -13%
Intangible Assets, Net (Excluding Goodwill) 21.3K USD
Other Assets, Noncurrent 1.87M USD +20.1%
Assets 74.7M USD +11.5%
Accounts Payable, Current 8.16M USD -65.9%
Liabilities, Current 39.7M USD +33.1%
Operating Lease, Liability, Noncurrent 12.1M USD -13.4%
Liabilities 51.8M USD +18.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.51M USD -6.78%
Retained Earnings (Accumulated Deficit) 3.61M USD -6.71%
Stockholders' Equity Attributable to Parent 23.5M USD +1.15%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 22.9M USD -1.22%
Liabilities and Equity 74.7M USD +11.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -8.29M USD -574%
Net Cash Provided by (Used in) Financing Activities 4.48M USD
Net Cash Provided by (Used in) Investing Activities -609K USD -721%
Common Stock, Shares Authorized 200M shares 0%
Common Stock, Shares, Issued 9.56M shares +0.67%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -4.46M USD -65.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.04M USD -43.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 214K USD -14.5%
Deferred Tax Assets, Valuation Allowance 0 USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 3.26M USD -1.83%
Operating Lease, Liability 13.8M USD -10%
Depreciation 390K USD +127%
Payments to Acquire Property, Plant, and Equipment 609K USD +721%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -356K USD -131%
Lessee, Operating Lease, Liability, to be Paid 17.6M USD -12.1%
Property, Plant and Equipment, Gross 6.05M USD +27.8%
Operating Lease, Liability, Current 1.79M USD +21.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.43M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 1.54M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) -626K USD -1518%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.73M USD -19%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.19M USD
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -412K USD -618%
Current Income Tax Expense (Benefit) 1.03M USD +117%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.23M USD
Operating Lease, Payments 518K USD +24.8%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 40.8K USD +259%
Current Federal Tax Expense (Benefit) 10.7K USD -110%
Amortization of Intangible Assets 498K USD +29.1%
Deferred Tax Assets, Net of Valuation Allowance 3.26M USD -1.83%
Share-based Payment Arrangement, Expense 623K USD +36.9%
Deferred State and Local Income Tax Expense (Benefit) -53.4K USD -330%
Interest Expense 722K USD +0.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%