Symbols / LUD $4.23 -11.69% Luda Technology Group Limited

Basic Materials • Steel • Hong Kong • ASE
LUD Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Basic Materials
Industry Steel
CEO Mr. Biu Ma
Exch · Country ASE · Hong Kong
Market Cap 95.98M
Enterprise Value 111.63M
Income 556.83K
Sales 33.54M
FCF (ttm) -9.09M
Book/sh 0.98
Cash/sh 0.45
Employees 160
Insider 10d —
IPO Feb 27, 2025
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 141.00
Forward P/E —
PEG —
P/S 2.86
P/B 4.32
P/C —
EV/EBITDA -244.16
EV/Sales 3.33
Quick Ratio 1.39
Current Ratio 1.63
Debt/Eq 59.42
LT Debt/Eq —
EPS (ttm) 0.03
EPS next Y —
EPS Growth —
Revenue Growth -17.70%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-06-08
Earnings (prior) 2026-06-08
ROA -1.50%
ROE 3.19%
ROIC —
Gross Margin 17.65%
Oper. Margin -0.76%
Profit Margin 1.66%
Shs Outstand 22.69M
Shs Float 2.69M
Insider Own 88.14%
Instit Own 0.11%
Short Float 0.82%
Short Ratio 0.20
Short Interest 22.05K
52W High 24.20
vs 52W High -82.52%
52W Low 2.90
vs 52W Low 45.86%
Beta —
Impl. Vol. —
Rel Volume 14.30
Avg Volume 141.54K
Volume 2.02M
Target (mean) —
Tgt Median —
Tgt Low —
Tgt High —
# Analysts —
Recom None
Prev Close $4.79
Price $4.23
Change -11.69%
About

Luda Technology Group Limited, through its subsidiaries, manufactures and trades stainless steel and carbon steel flanges and fittings products. It offers steel flanges, including blind, slip, plate, thread, and welding neck flanges; and steel fittings, such as elbow, reducer, cap, and tee. The company also manufactures and sells stainless steel and carbon steel flanges, and fittings products; and trades steel pipes, valves, and other steel tubing products. It serves to the chemical, petrochemical, maritime, and manufacturing industries. The company has operations in the People's Republic of China, South America, Australia, Europe, North America, rest of Asia, and internationally. The company was founded in 2004 and is headquartered in Hung Hom, Hong Kong. Luda Technology Group Limited is a subsidiary of Diamond Horses Group Limited.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$4.23
Latest analyst target
3. DCF / Fair value
$-7.21
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.23
Low
—
High
—
Mean
—
News
RSS: Latest LUD news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
33.54
-25.25%
44.86
-12.76%
51.43
+3.16%
49.85
Operating Revenue
32.75
-26.47%
44.54
-11.90%
50.56
+2.75%
49.21
Cost Of Revenue
27.62
-17.46%
33.46
-17.45%
40.53
+2.44%
39.57
Reconciled Cost Of Revenue
27.15
-17.97%
33.10
-17.62%
40.18
+2.65%
39.14
Gross Profit
5.92
-48.10%
11.41
+4.68%
10.89
+5.93%
10.29
Operating Expense
6.87
-34.67%
10.52
+55.20%
6.78
+6.65%
6.36
Research And Development
1.45
+4.95%
1.38
+1.40%
1.36
-11.89%
1.55
Selling General And Administration
5.47
-41.65%
9.38
+108.06%
4.51
+11.09%
4.06
Selling And Marketing Expense
1.41
+12.47%
1.26
+12.40%
1.12
-1.15%
1.13
General And Administrative Expense
4.06
-50.02%
8.12
+139.60%
3.39
+15.82%
2.93
Salaries And Wages
2.11
+14.94%
1.84
+99.26%
0.92
-20.22%
1.16
Other Gand A
1.80
-71.01%
6.20
+159.85%
2.39
+40.94%
1.69
Total Expenses
34.49
-21.58%
43.98
-7.04%
47.31
+3.03%
45.92
Operating Income
-0.95
-207.95%
0.88
-78.54%
4.12
+4.76%
3.93
Total Operating Income As Reported
-1.06
-332.30%
0.46
-88.22%
3.87
+1.27%
3.82
EBITDA
2.11
+124.90%
0.94
-78.42%
4.36
+0.34%
4.34
Normalized EBITDA
-0.26
-119.67%
1.34
-70.90%
4.60
+3.42%
4.45
Reconciled Depreciation
0.60
+25.23%
0.48
+2.23%
0.47
+8.48%
0.43
EBIT
1.51
+229.18%
0.46
-88.18%
3.89
-0.56%
3.91
Total Unusual Items
2.38
+696.32%
-0.40
-63.82%
-0.24
-128.88%
-0.11
Total Unusual Items Excluding Goodwill
2.38
+696.32%
-0.40
-63.82%
-0.24
-128.88%
-0.11
Special Income Charges
0.56
0.00
+100.00%
-0.24
-130.16%
-0.11
Other Special Charges
-0.56
—
0.23
+117.06%
0.11
Write Off
0.00
0.00
-100.00%
0.01
0.00
Net Income
0.56
+254.24%
-0.36
-111.90%
3.03
-1.13%
3.07
Pretax Income
0.99
+1124.04%
-0.10
-102.78%
3.48
-2.50%
3.57
Net Non Operating Interest Income Expense
-0.52
+6.34%
-0.56
-36.75%
-0.41
-19.91%
-0.34
Interest Expense Non Operating
0.52
-6.34%
0.56
+36.75%
0.41
+19.91%
0.34
Net Interest Income
-0.52
+6.34%
-0.56
-36.75%
-0.41
-19.91%
-0.34
Interest Expense
0.52
-6.34%
0.56
+36.75%
0.41
+19.91%
0.34
Other Income Expense
2.47
+681.48%
-0.42
-84.78%
-0.23
-1010.93%
-0.02
Other Non Operating Income Expenses
0.09
+448.54%
-0.03
-283.11%
0.01
-83.81%
0.09
Gain On Sale Of Security
1.81
+554.62%
-0.40
-29434.36%
0.00
—
Tax Provision
0.43
+64.41%
0.26
-40.88%
0.45
-10.90%
0.50
Tax Rate For Calcs
0.00
+0.00%
0.00
+94.64%
0.00
-8.91%
0.00
Tax Effect Of Unusual Items
0.59
+696.32%
-0.10
-218.86%
-0.03
-108.49%
-0.01
Net Income Including Noncontrolling Interests
0.56
+254.24%
-0.36
-111.90%
3.03
-1.13%
3.07
Net Income From Continuing Operation Net Minority Interest
0.56
+254.24%
-0.36
-111.90%
3.03
-1.13%
3.07
Net Income From Continuing And Discontinued Operation
0.56
+254.24%
-0.36
-111.90%
3.03
-1.13%
3.07
Net Income Continuous Operations
0.56
+254.24%
-0.36
-111.90%
3.03
-1.13%
3.07
Normalized Income
-1.23
-1876.79%
-0.06
-101.91%
3.24
+2.72%
3.16
Net Income Common Stockholders
0.56
+254.24%
-0.36
-111.90%
3.03
-1.13%
3.07
Diluted EPS
—
-0.02
-111.90%
0.13
-1.13%
0.14
Basic EPS
—
-0.02
-111.90%
0.13
-1.13%
0.14
Basic Average Shares
—
22.50
+0.00%
22.50
+0.00%
22.50
Diluted Average Shares
—
22.50
+0.00%
22.50
+0.00%
22.50
Diluted NI Availto Com Stockholders
0.56
+254.24%
-0.36
-111.90%
3.03
-1.13%
3.07
Amortization
0.02
-54.00%
0.04
+43.39%
0.03
0.00
Amortization Of Intangibles Income Statement
0.02
-54.00%
0.04
+43.39%
0.03
0.00
Depreciation Amortization Depletion Income Statement
0.14
+12.41%
0.12
+5.29%
0.12
+1265.88%
0.01
Depreciation And Amortization In Income Statement
0.14
+12.41%
0.12
+5.29%
0.12
+1265.88%
0.01
Depreciation Income Statement
0.12
+49.66%
0.08
-8.37%
0.09
+905.43%
0.01
Other Taxes
-0.07
+79.24%
-0.33
-525.90%
0.08
-56.08%
0.18
Provision For Doubtful Accounts
-0.12
-332.76%
-0.03
-103.80%
0.71
+26.46%
0.56
Rent And Landing Fees
0.15
+80.92%
0.08
+1.43%
0.08
+4.50%
0.08
Rent Expense Supplemental
0.15
+80.92%
0.08
+1.43%
0.08
+4.50%
0.08
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
49.13
+24.98%
39.31
-15.83%
46.70
+17.82%
39.63
Current Assets
39.99
+25.55%
31.85
-19.38%
39.51
+16.72%
33.85
Cash Cash Equivalents And Short Term Investments
10.25
+7.62%
9.52
+17.54%
8.10
+95.86%
4.14
Cash And Cash Equivalents
4.52
-44.46%
8.13
+0.62%
8.08
+96.25%
4.12
Other Short Term Investments
5.73
+312.26%
1.39
+6993.54%
0.02
+7.46%
0.02
Receivables
23.89
+57.84%
15.14
-33.19%
22.66
+0.71%
22.50
Accounts Receivable
13.48
+2.42%
13.17
-20.68%
16.60
-0.28%
16.64
Gross Accounts Receivable
15.39
+1.99%
15.09
-18.42%
18.50
+2.87%
17.99
Allowance For Doubtful Accounts Receivable
-1.91
+0.93%
-1.93
-1.27%
-1.91
-41.97%
-1.34
Receivables Adjustments Allowances
—
-0.01
-37.71%
-0.01
+21.84%
-0.01
Other Receivables
9.44
+493.50%
1.59
-58.13%
3.80
+14.47%
3.32
Taxes Receivable
—
0.09
+38.78%
0.07
—
Inventory
4.97
-14.48%
5.81
-20.99%
7.35
+20.18%
6.12
Raw Materials
3.60
+13.46%
3.17
-3.21%
3.28
+31.22%
2.50
Work In Process
2.02
+7.76%
1.88
-23.37%
2.45
-17.24%
2.96
Finished Goods
0.70
-34.68%
1.07
+15.91%
0.92
-7.76%
1.00
Prepaid Assets
0.15
+350.80%
0.03
-89.00%
0.30
-61.73%
0.78
Current Deferred Assets
0.00
-100.00%
0.67
-14.90%
0.79
+408.96%
0.15
Restricted Cash
0.08
-60.62%
0.20
-35.99%
0.31
+93.91%
0.16
Other Current Assets
0.66
+36.76%
0.48
—
-0.01
Total Non Current Assets
9.13
+22.53%
7.45
+3.72%
7.19
+24.29%
5.78
Net PPE
5.46
+6.62%
5.12
+10.01%
4.66
+34.39%
3.47
Gross PPE
10.64
+9.97%
9.68
+8.19%
8.95
+19.67%
7.48
Accumulated Depreciation
-5.18
-13.73%
-4.55
-6.22%
-4.29
-6.94%
-4.01
Buildings And Improvements
2.77
+4.38%
2.65
+1.25%
2.62
-16.79%
3.15
Machinery Furniture Equipment
6.70
+5.84%
6.33
+23.89%
5.11
+17.92%
4.33
Construction In Progress
0.70
-0.61%
0.70
-42.52%
1.22
0.00
Other Properties
0.48
—
—
—
Leases
—
—
—
0.13
Goodwill And Other Intangible Assets
0.71
+1.43%
0.70
-5.41%
0.74
-5.46%
0.78
Other Intangible Assets
0.71
+1.43%
0.70
-5.41%
0.74
-5.46%
0.78
Non Current Accounts Receivable
1.83
+174.50%
0.67
-28.44%
0.93
-9.70%
1.03
Non Current Deferred Assets
0.62
+12.64%
0.55
-1.25%
0.56
+58.74%
0.35
Non Current Deferred Taxes Assets
0.62
+12.64%
0.55
-1.25%
0.56
+58.74%
0.35
Other Non Current Assets
0.50
+23.48%
0.41
+38.80%
0.29
+102.06%
0.14
Total Liabilities Net Minority Interest
26.92
+1.03%
26.64
-11.04%
29.95
+19.30%
25.10
Current Liabilities
24.54
-5.09%
25.85
-10.08%
28.75
+27.21%
22.60
Payables And Accrued Expenses
12.89
+1.87%
12.65
-15.41%
14.96
-4.74%
15.70
Payables
11.26
+23.72%
9.10
-26.91%
12.46
-4.76%
13.08
Accounts Payable
10.57
+21.83%
8.67
-28.18%
12.08
+1.75%
11.87
Other Payable
0.38
+75.62%
0.22
-8.43%
0.24
-28.54%
0.33
Dividends Payable
—
—
0.00
-100.00%
0.38
Current Accrued Expenses
1.62
-54.23%
3.55
+41.85%
2.50
-4.62%
2.62
Total Tax Payable
0.31
+47.63%
0.21
+84.35%
0.12
-76.63%
0.49
Income Tax Payable
0.00
+0.00%
0.00
+0.00%
0.00
-99.57%
0.38
Current Debt And Capital Lease Obligation
11.19
-4.17%
11.68
+3.40%
11.29
+88.15%
6.00
Current Debt
—
—
0.14
—
Current Capital Lease Obligation
0.29
0.00
—
—
Current Deferred Liabilities
0.13
-42.20%
0.22
-1.67%
0.23
+0.88%
0.22
Current Deferred Revenue
0.13
-42.20%
0.22
-1.67%
0.23
+0.88%
0.22
Other Current Liabilities
—
—
2.28
+237.39%
0.67
Total Non Current Liabilities Net Minority Interest
2.38
+201.04%
0.79
-34.18%
1.20
-52.05%
2.51
Long Term Debt And Capital Lease Obligation
2.01
+226.79%
0.61
-19.56%
0.76
-63.58%
2.10
Long Term Debt
1.77
+188.57%
0.61
-19.56%
0.76
-63.58%
2.10
Long Term Capital Lease Obligation
0.23
0.00
—
—
Non Current Deferred Liabilities
0.37
+111.38%
0.18
-59.69%
0.44
+7.13%
0.41
Non Current Deferred Taxes Liabilities
0.37
+111.38%
0.18
-59.69%
0.44
+7.13%
0.41
Stockholders Equity
22.21
+75.37%
12.66
-24.38%
16.75
+15.27%
14.53
Common Stock Equity
22.21
+75.37%
12.66
-24.38%
16.75
+15.27%
14.53
Capital Stock
0.73
+13.45%
0.64
+0.00%
0.64
+0.00%
0.64
Common Stock
0.73
+13.45%
0.64
+0.00%
0.64
+0.00%
0.64
Share Issued
22.69
+0.84%
22.50
+0.00%
22.50
+0.00%
22.50
Ordinary Shares Number
22.69
+0.84%
22.50
+0.00%
22.50
+0.00%
22.50
Additional Paid In Capital
8.30
0.00
0.00
0.00
Retained Earnings
11.82
+3.91%
11.37
-25.39%
15.24
+18.55%
12.86
Gains Losses Not Affecting Retained Earnings
1.37
+110.51%
0.65
-24.63%
0.86
-16.21%
1.03
Other Equity Adjustments
1.37
+110.51%
0.65
-24.63%
0.86
-16.21%
1.03
Total Equity Gross Minority Interest
22.21
+75.37%
12.66
-24.38%
16.75
+15.27%
14.53
Total Capitalization
23.98
+80.61%
13.28
-24.17%
17.51
+5.32%
16.63
Working Capital
15.46
+157.54%
6.00
-44.24%
10.76
-4.36%
11.25
Invested Capital
23.98
+80.61%
13.28
-24.78%
17.65
+6.17%
16.63
Total Debt
13.20
+7.38%
12.29
+1.95%
12.05
+48.86%
8.10
Capital Lease Obligations
0.53
0.00
—
—
Net Tangible Assets
21.50
+79.70%
11.96
-25.26%
16.01
+16.45%
13.74
Tangible Book Value
21.50
+79.70%
11.96
-25.26%
16.01
+16.45%
13.74
Current Notes Payable
—
0.00
-100.00%
0.14
0.00
Current Provisions
0.33
-74.56%
1.30
-42.72%
2.28
+237.39%
0.67
Duefrom Related Parties Current
—
0.00
-100.00%
0.22
+8.65%
0.20
Dueto Related Parties Current
—
0.00
-100.00%
0.03
0.00
Inventories Adjustments Allowances
-1.61
-29.41%
-1.25
-16.67%
-1.07
-23.93%
-0.86
Notes Receivable
0.97
+153.08%
0.38
-80.77%
1.99
-15.36%
2.35
Other Inventories
0.26
-72.08%
0.94
-47.00%
1.77
+238.08%
0.52
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-1.71
-131.31%
5.46
+63.75%
3.33
+432.38%
-1.00
Cash Flow From Continuing Operating Activities
-1.71
-131.31%
5.46
+63.75%
3.33
+432.38%
-1.00
Net Income From Continuing Operations
0.56
+254.24%
-0.36
-111.90%
3.03
-1.13%
3.07
Depreciation Amortization Depletion
0.60
+25.23%
0.48
+2.23%
0.47
+8.48%
0.43
Depreciation
0.58
+26.33%
0.46
+2.41%
0.45
+9.18%
0.41
Amortization Cash Flow
0.02
+0.11%
0.02
-1.59%
0.02
-4.97%
0.02
Depreciation And Amortization
0.60
+25.23%
0.48
+2.23%
0.47
+8.48%
0.43
Amortization Of Intangibles
0.02
+0.11%
0.02
-1.59%
0.02
-4.97%
0.02
Other Non Cash Items
-0.56
-510.56%
0.14
—
—
Provisionand Write Offof Assets
0.19
+1.72%
0.18
-80.63%
0.95
+24.30%
0.76
Deferred Tax
0.15
+154.97%
-0.27
-42.50%
-0.19
-471.00%
0.05
Deferred Income Tax
0.15
+154.97%
-0.27
-42.50%
-0.19
-471.00%
0.05
Operating Gains Losses
-0.04
-284.32%
-0.01
-171.54%
0.01
—
Unrealized Gain Loss On Investment Securities
-1.63
-509.32%
0.40
0.00
0.00
Gain Loss On Sale Of PPE
-0.04
-284.32%
-0.01
-171.54%
0.01
0.00
Change In Working Capital
-0.96
-119.71%
4.89
+618.66%
-0.94
+82.25%
-5.31
Change In Receivables
-0.87
-112.46%
6.97
+630.80%
-1.31
+86.20%
-9.51
Changes In Account Receivables
0.31
-89.63%
2.96
+390.76%
-1.02
+84.91%
-6.75
Change In Inventory
0.80
-30.65%
1.16
+170.81%
-1.64
+24.48%
-2.17
Change In Prepaid Assets
-0.05
+51.82%
-0.10
-123.84%
0.43
+197.80%
-0.44
Change In Payables And Accrued Expense
0.31
+115.22%
-2.07
-2235.05%
0.10
-98.37%
5.93
Change In Payable
0.31
+115.22%
-2.07
-2235.05%
0.10
-98.37%
5.93
Change In Account Payable
0.31
+116.32%
-1.93
-4228.01%
-0.04
-100.75%
5.93
Change In Other Working Capital
-0.10
-4342.06%
-0.00
-207.08%
0.00
+101.13%
-0.18
Change In Other Current Assets
-0.11
+17.52%
-0.14
+9.75%
-0.15
-137.08%
0.41
Change In Other Current Liabilities
-0.96
-3.57%
-0.92
-156.81%
1.62
+153.67%
0.64
Investing Cash Flow
-11.03
-291.07%
-2.82
-60.37%
-1.76
-307.88%
-0.43
Cash Flow From Continuing Investing Activities
-11.03
-291.07%
-2.82
-60.37%
-1.76
-307.88%
-0.43
Net PPE Purchase And Sale
-0.35
+66.79%
-1.05
+40.17%
-1.76
-303.44%
-0.44
Purchase Of PPE
-0.46
+57.50%
-1.08
+38.68%
-1.76
-281.98%
-0.46
Sale Of PPE
0.11
+311.66%
0.03
+3900.91%
0.00
-97.32%
0.02
Capital Expenditure
-0.46
+57.50%
-1.08
+38.68%
-1.76
-281.98%
-0.46
Net Investment Purchase And Sale
-10.68
-503.78%
-1.77
-130012.35%
-0.00
-130.88%
0.00
Purchase Of Investment
-20.98
-1085.76%
-1.77
-130012.35%
-0.00
—
Sale Of Investment
10.30
0.00
0.00
-100.00%
0.00
Financing Cash Flow
8.82
+441.25%
-2.59
-195.49%
2.71
+416.59%
0.52
Cash Flow From Continuing Financing Activities
8.82
+441.25%
-2.59
-195.49%
2.71
+416.59%
0.52
Net Issuance Payments Of Debt
-0.23
-136.19%
0.62
-84.31%
3.96
+443.37%
0.73
Issuance Of Debt
14.75
+1.52%
14.53
+12.60%
12.90
+13.43%
11.38
Repayment Of Debt
-14.97
-7.68%
-13.91
-55.57%
-8.94
+16.03%
-10.65
Long Term Debt Issuance
14.75
+1.52%
14.53
+12.60%
12.90
+13.43%
11.38
Long Term Debt Payments
-14.97
-7.68%
-13.91
-55.57%
-8.94
+16.03%
-10.65
Net Long Term Debt Issuance
-0.23
-136.19%
0.62
-84.31%
3.96
+443.37%
0.73
Net Common Stock Issuance
9.61
0.00
0.00
—
Common Stock Dividend Paid
0.00
+100.00%
-3.38
-435.45%
-0.63
0.00
Cash Dividends Paid
0.00
+100.00%
-3.38
-435.45%
-0.63
0.00
Net Other Financing Charges
-0.57
-431.96%
0.17
+127.25%
-0.63
-204.59%
-0.21
Changes In Cash
-3.92
-7774.17%
0.05
-98.81%
4.28
+570.45%
-0.91
Effect Of Exchange Rate Changes
0.36
+415.45%
-0.11
+31.08%
-0.17
+61.01%
-0.42
Beginning Cash Position
8.33
-0.75%
8.40
+96.16%
4.28
-23.76%
5.61
End Cash Position
4.77
-42.74%
8.33
-0.75%
8.40
+96.16%
4.28
Free Cash Flow
-2.17
-149.48%
4.38
+178.18%
1.57
+207.60%
-1.46
Interest Paid Supplemental Data
0.47
-10.70%
0.53
+16.41%
0.46
+34.29%
0.34
Income Tax Paid Supplemental Data
0.20
-63.32%
0.56
-41.58%
0.95
+35.71%
0.70
Common Stock Issuance
9.61
0.00
0.00
—
Issuance Of Capital Stock
9.61
0.00
0.00
—
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category