Mingteng International Financials
This page shows Mingteng International (MTEN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Mingteng International has an operating margin of -50.5%, meaning the company retains $-51 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 21.2% the prior year.
Mingteng International's revenue surged 23.0% year-over-year to $10.1M, reflecting rapid business expansion. This strong growth earns a score of 72/100.
Mingteng International carries a low D/E ratio of 0.65, meaning only $0.65 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 89/100, indicating a strong balance sheet with room for future borrowing.
Mingteng International's current ratio of 1.64 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 29/100, which could limit financial flexibility.
While Mingteng International generated $295K in operating cash flow, capex of $946K consumed most of it, leaving -$651K in free cash flow. This results in a low score of 9/100, reflecting heavy capital investment rather than weak cash generation.
Mingteng International generates a -67.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 20.2% the prior year.
Mingteng International passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Mingteng International generates $-0.05 in operating cash flow ($295K OCF vs -$5.7M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Mingteng International earns $-139.0 in operating income for every $1 of interest expense (-$5.1M vs $37K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Mingteng International generated $10.1M in revenue in fiscal year 2024. This represents an increase of 23.0% from the prior year.
Mingteng International's EBITDA was -$4.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 313.7% from the prior year.
Mingteng International reported -$5.7M in net income in fiscal year 2024. This represents a decrease of 476.9% from the prior year.
Mingteng International earned $-0.97 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 423.3% from the prior year.
Cash & Balance Sheet
Mingteng International generated -$651K in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 220.9% from the prior year.
Mingteng International held $2.1M in cash against $0 in long-term debt as of fiscal year 2024.
Mingteng International had 7M shares outstanding in fiscal year 2024. This represents an increase of 36.8% from the prior year.
Margins & Returns
Mingteng International's gross margin was 30.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 10.1 percentage points from the prior year.
Mingteng International's operating margin was -50.5% in fiscal year 2024, reflecting core business profitability. This is down 71.7 percentage points from the prior year.
Mingteng International's net profit margin was -56.1% in fiscal year 2024, showing the share of revenue converted to profit. This is down 74.4 percentage points from the prior year.
Mingteng International's ROE was -67.2% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 87.4 percentage points from the prior year.
Capital Allocation
Mingteng International invested $634K in research and development in fiscal year 2024. This represents an increase of 0.5% from the prior year.
Mingteng International invested $946K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 24.2% from the prior year.
MTEN Income Statement
| Metric | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A |
MTEN Balance Sheet
| Metric | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|---|
| Total Assets | $12.8M-8.2% | $14.0M+0.7% | $13.9M+29.4% | $10.7M+6.4% | $10.1M |
| Current Assets | $9.0M+4.4% | $8.6M+12.8% | $7.7M+14.9% | $6.7M+5.5% | $6.3M |
| Cash & Equivalents | $1.8M-15.6% | $2.1M+50.6% | $1.4M+30.8% | $1.1M-41.1% | $1.8M |
| Inventory | $1.5M+25.5% | $1.2M-11.1% | $1.3M+9.4% | $1.2M+14.7% | $1.1M |
| Accounts Receivable | $3.9M-5.6% | $4.2M+11.2% | $3.8M+6.7% | $3.5M+44.8% | $2.4M |
| Goodwill | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $5.7M+3.3% | $5.5M+25.8% | $4.4M+34.0% | $3.3M-18.2% | $4.0M |
| Current Liabilities | $5.4M+3.4% | $5.3M+26.8% | $4.2M+37.5% | $3.0M-23.1% | $3.9M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $7.1M-15.7% | $8.5M-10.9% | $9.5M+27.3% | $7.4M+22.6% | $6.1M |
| Retained Earnings | -$570K-172.4% | $787K-87.3% | $6.2M-4.1% | $6.5M+30.4% | $5.0M |
MTEN Cash Flow Statement
| Metric | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A |
MTEN Financial Ratios
| Metric | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q4'22 |
|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 1.66+0.0 | 1.64-0.2 | 1.84-0.4 | 2.21+0.6 | 1.61 |
| Debt-to-Equity | 0.80+0.1 | 0.65+0.2 | 0.46+0.0 | 0.44-0.2 | 0.66 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Mingteng International's annual revenue?
Mingteng International (MTEN) reported $10.1M in total revenue for fiscal year 2024. This represents a 23.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Mingteng International's revenue growing?
Mingteng International (MTEN) revenue grew by 23% year-over-year, from $8.2M to $10.1M in fiscal year 2024.
Is Mingteng International profitable?
No, Mingteng International (MTEN) reported a net income of -$5.7M in fiscal year 2024, with a net profit margin of -56.1%.
What is Mingteng International's EBITDA?
Mingteng International (MTEN) had EBITDA of -$4.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Mingteng International's gross margin?
Mingteng International (MTEN) had a gross margin of 30.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Mingteng International's operating margin?
Mingteng International (MTEN) had an operating margin of -50.5% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Mingteng International's net profit margin?
Mingteng International (MTEN) had a net profit margin of -56.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Mingteng International's return on equity (ROE)?
Mingteng International (MTEN) has a return on equity of -67.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Mingteng International's free cash flow?
Mingteng International (MTEN) generated -$651K in free cash flow during fiscal year 2024. This represents a -220.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Mingteng International's operating cash flow?
Mingteng International (MTEN) generated $295K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Mingteng International's total assets?
Mingteng International (MTEN) had $14.0M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Mingteng International's capital expenditures?
Mingteng International (MTEN) invested $946K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Mingteng International spend on research and development?
Mingteng International (MTEN) invested $634K in research and development during fiscal year 2024.
What is Mingteng International's current ratio?
Mingteng International (MTEN) had a current ratio of 1.64 as of fiscal year 2024, which is generally considered healthy.
What is Mingteng International's debt-to-equity ratio?
Mingteng International (MTEN) had a debt-to-equity ratio of 0.65 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Mingteng International's return on assets (ROA)?
Mingteng International (MTEN) had a return on assets of -40.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Mingteng International's Piotroski F-Score?
Mingteng International (MTEN) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Mingteng International's earnings high quality?
Mingteng International (MTEN) has an earnings quality ratio of -0.05x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Mingteng International cover its interest payments?
Mingteng International (MTEN) has an interest coverage ratio of -139.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Mingteng International?
Mingteng International (MTEN) scores 33 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.