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About

Mingteng International Corporation Inc. engages in the design, development, production, assembly, testing, repair, and after-sale service of automotive molds in the People's Republic of China. It offers casting molds for turbocharger systems, braking systems, steering and differential systems, and other automotive system parts, as well as brake caliper molds, steering knuckle molds, and hydraulic part molds. The company also produces molds for new energy electric vehicle motor drive systems, battery pack systems, engineering hydraulic components, and aluminum alloy product mold products for use in automobile, construction machinery, and other manufacturing industries. Mingteng International Corporation Inc. was incorporated in 2021 and is based in Wuxi, China.

Fundamentals
Scroll to Statements
Sector Industrials Industry Metal Fabrication Market Cap 1.98M
Enterprise Value -85.37K Income -6.77M Sales 10.74M
Book/sh 208.41 Cash/sh 51.33 Dividend Yield —
Payout 0.00% Employees 160 IPO —
P/E — Forward P/E — PEG —
P/S 0.18 P/B 0.01 P/C —
EV/EBITDA 0.02 EV/Sales -0.01 Quick Ratio 1.05
Current Ratio 1.66 Debt/Eq 22.65 LT Debt/Eq —
EPS (ttm) -224.00 EPS next Y — EPS Growth —
Revenue Growth 13.20% Earnings — ROA -22.66%
ROE -81.51% ROIC — Gross Margin 26.86%
Oper. Margin 0.03% Profit Margin -63.06% Shs Outstand 1.21M
Shs Float 33.33K Short Float 10.66% Short Ratio 0.17
Short Interest — 52W High 5206.00 52W Low 1.38
Beta — Avg Volume 358.14K Volume 31.45K
Target Price — Recom None Prev Close $1.61
Price $1.63 Change 1.24%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.63
Latest analyst target
3. DCF / Fair value
$21.28
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.63
Low
—
High
—
Mean
—
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-286.57K-120.610.00-926.21
TaxRateForCalcs0.250.190.130.13
NormalizedEBITDA-3.89M2.41M2.94M3.34M
TotalUnusualItems-1.15M-648.000.00-6.91K
TotalUnusualItemsExcludingGoodwill-1.15M-648.000.00-6.91K
NetIncomeFromContinuingOperationNetMinorityInterest-5.68M1.51M2.13M2.59M
ReconciledDepreciation523.23K501.98K430.42K287.22K
ReconciledCostOfRevenue7.05M4.90M4.11M3.72M
EBITDA-5.04M2.41M2.94M3.33M
EBIT-5.56M1.91M2.51M3.04M
NetInterestIncome-35.54K-55.02K-51.82K-44.95K
InterestExpense36.77K59.48K53.99K51.47K
InterestIncome1.23K4.46K2.17K6.51K
NormalizedIncome-4.82M1.51M2.13M2.60M
NetIncomeFromContinuingAndDiscontinuedOperation-5.68M1.51M2.13M2.59M
TotalExpenses14.58M6.35M5.57M4.82M
TotalOperatingIncomeAsReported-5.11M1.74M2.36M2.87M
DilutedAverageShares5.88M6.05M6.05M6.05M
BasicAverageShares5.88M5.00M5.00M6.05M
DilutedEPS-0.970.250.430.43
BasicEPS-0.970.250.430.43
DilutedNIAvailtoComStockholders-5.68M1.51M2.13M2.59M
NetIncomeCommonStockholders-5.68M1.51M2.13M2.59M
NetIncome-5.68M1.51M2.13M2.59M
NetIncomeIncludingNoncontrollingInterests-5.68M1.51M2.13M2.59M
NetIncomeContinuousOperations-5.68M1.51M2.13M2.59M
TaxProvision80.01K344.59K327.38K396.86K
PretaxIncome-5.60M1.85M2.46M2.99M
OtherIncomeExpense-1.10M34.44K58.31K127.23K
OtherNonOperatingIncomeExpenses44.09K35.09K58.31K134.14K
SpecialIncomeCharges-1.15M-648.000.00-6.91K
GainOnSaleOfPPE-24.91K-648.000.00-6.91K
OtherSpecialCharges446.0015.50K
WriteOff1.12M0.000.00
ImpairmentOfCapitalAssets1.12M0.000.00
NetNonOperatingInterestIncomeExpense-35.54K-55.02K-51.82K-44.95K
InterestExpenseNonOperating36.77K59.48K53.99K51.47K
InterestIncomeNonOperating1.23K4.46K2.17K6.51K
OperatingIncome-4.46M1.87M2.45M2.91M
OperatingExpense7.53M1.45M1.46M1.10M
OtherOperatingExpenses-651.27K-129.14K-92.83K-37.36K
ResearchAndDevelopment634.05K630.75K492.53K407.62K
SellingGeneralAndAdministration7.55M950.35K1.06M734.58K
SellingAndMarketingExpense150.42K153.21K132.54K123.33K
GeneralAndAdministrativeExpense7.40M797.14K926.79K611.24K
OtherGandA7.40M797.14K926.79K611.24K
GrossProfit3.07M3.32M3.91M4.01M
CostOfRevenue7.05M4.90M4.11M3.72M
TotalRevenue10.12M8.23M8.03M7.73M
ExciseTaxes67.56K67.15K66.52K
OperatingRevenue10.12M8.23M8.03M7.80M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber6.84M6.05M6.05M6.05M
ShareIssued6.84M6.05M6.05M6.05M
NetDebt395.63K
TotalDebt1.42M314.91K1.53M947.14K
TangibleBookValue8.39M7.45M6.07M4.63M
InvestedCapital9.84M7.76M7.50M5.33M
WorkingCapital3.38M3.64M2.39M1.58M
NetTangibleAssets8.39M7.45M6.07M4.63M
CapitalLeaseObligations33.41K0.00100.56K241.34K
CommonStockEquity8.45M7.45M6.07M4.63M
TotalCapitalization8.45M7.45M6.07M4.63M
TotalEquityGrossMinorityInterest8.45M7.45M6.07M4.63M
StockholdersEquity8.45M7.45M6.07M4.63M
GainsLossesNotAffectingRetainedEarnings46.01K83.20K216.94K603.22K
OtherEquityAdjustments46.01K83.20K216.94K603.22K
RetainedEarnings787.21K6.47M4.96M3.27M
AdditionalPaidInCapital7.62M897.31K897.31K751.96K
CapitalStock68.0050.0050.0050.00
CommonStock68.0050.0050.0050.00
TotalLiabilitiesNetMinorityInterest5.51M3.27M3.99M3.32M
TotalNonCurrentLiabilitiesNetMinorityInterest241.96K246.89K69.03K131.24K
TradeandOtherPayablesNonCurrent0.0069.03K124.28K
NonCurrentDeferredLiabilities221.55K246.89K0.00
NonCurrentDeferredTaxesLiabilities221.55K246.89K0.00
LongTermDebtAndCapitalLeaseObligation20.41K0.000.006.96K
LongTermCapitalLeaseObligation20.41K0.000.006.96K
CurrentLiabilities5.27M3.02M3.93M3.19M
OtherCurrentLiabilities60.17K47.98K
CurrentDeferredLiabilities515.65K401.94K61.23K103.38K
CurrentDeferredRevenue515.65K401.94K61.23K103.38K
CurrentDebtAndCapitalLeaseObligation1.40M314.91K1.53M940.18K
CurrentCapitalLeaseObligation13.01K0.00100.56K234.38K
CurrentDebt1.39M314.91K1.43M705.80K
OtherCurrentBorrowings32.53K66.97K
LineOfCredit1.39M282.38K1.36M705.80K
PayablesAndAccruedExpenses3.29M2.25M2.33M2.15M
CurrentAccruedExpenses240.17K207.78K249.07K712.71K
Payables3.05M2.05M2.08M1.44M
OtherPayable601.03K474.63K564.74K388.13K
DuetoRelatedPartiesCurrent712.71K
TotalTaxPayable1.17M519.30K800.98K500.88K
IncomeTaxPayable362.73K379.39K502.59K346.21K
AccountsPayable1.28M1.05M718.32K547.79K
TotalAssets13.96M10.71M10.07M7.95M
TotalNonCurrentAssets5.32M4.05M3.75M3.18M
NonCurrentDeferredAssets0.00715.77K556.51K446.07K
NonCurrentDeferredTaxesAssets0.006.14K2.17K
NonCurrentNoteReceivables0.00448.61K
NonCurrentAccountsReceivable-8.44K
InvestmentsAndAdvances1.36M0.00
GoodwillAndOtherIntangibleAssets67.71K0.00
NetPPE3.90M3.34M3.20M2.28M
AccumulatedDepreciation-1.70M-1.23M-851.30K-650.07K
GrossPPE5.60M4.56M4.05M2.93M
OtherProperties74.49K24.37K577.59K586.65K
MachineryFurnitureEquipment5.53M4.54M3.47M2.35M
CurrentAssets8.64M6.66M6.32M4.77M
CurrentDeferredAssets96.66K0.00
PrepaidAssets122.46K388.11K240.62K26.06K
Inventory1.18M1.22M1.06M1.36M
InventoriesAdjustmentsAllowances-72.79K-18.06K-12.36K-1.80K
FinishedGoods971.55K1.04M831.69K1.18M
WorkInProcess230.65K135.34K202.41K117.85K
RawMaterials54.16K55.03K39.48K65.45K
Receivables5.16M4.00M3.22M3.07M
OtherReceivables15.69K12.34K5.29K157.56K
DuefromRelatedPartiesCurrent0.00
NotesReceivable971.04K471.17K785.57K547.51K
LoansReceivable0.00203.90K
AccountsReceivable4.17M3.52M2.43M2.16M
AllowanceForDoubtfulAccountsReceivable-16.14K-23.06K-28.59K-4.22K
GrossAccountsReceivable4.19M3.54M2.46M2.17M
CashCashEquivalentsAndShortTermInvestments2.08M1.06M1.79M310.17K
CashAndCashEquivalents2.08M1.06M1.79M310.17K
CashFinancial2.08M1.06M1.79M310.17K
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-688.64K538.20K1.41M623.57K
RepaymentOfDebt-280.83K-2.50M-1.20M-335.49K
IssuanceOfDebt1.40M1.42M1.71M0.00
IssuanceOfCapitalStock3.29M0.000.00
CapitalExpenditure-983.62K-761.79K-1.44M-865.57K
InterestPaidSupplementalData36.77K59.48K101.46K31.28K
IncomeTaxPaidSupplementalData113.11K205.76K53.99K8.66K
EndCashPosition2.08M1.06M1.79M307.03K
BeginningCashPosition1.06M1.79M307.03K440.78K
EffectOfExchangeRateChanges11.56K-26.30K-99.16K8.62K
ChangesInCash1.01M-710.79K1.59M-142.37K
FinancingCashFlow4.15M-1.25M165.56K-774.17K
CashFlowFromContinuingFinancingActivities4.15M-1.25M165.56K-774.17K
NetOtherFinancingCharges-264.95K-172.18K4.67K-438.69K
CashDividendsPaid0.000.00-352.12K0.00
CommonStockDividendPaid0.000.00-352.12K0.00
NetCommonStockIssuance3.29M0.000.00
CommonStockIssuance3.29M0.000.00
NetIssuancePaymentsOfDebt1.12M-1.08M513.00K-335.49K
NetShortTermDebtIssuance1.12M-1.06M743.38K0.00
ShortTermDebtPayments-280.83K-2.48M-966.39K
ShortTermDebtIssuance1.40M1.42M1.71M0.00
NetLongTermDebtIssuance0.00-12.49K-230.37K-335.49K
LongTermDebtPayments0.00-12.49K-230.37K-335.49K
InvestingCashFlow-3.43M-761.79K-1.43M-857.34K
CashFlowFromContinuingInvestingActivities-3.43M-761.79K-1.43M-857.34K
NetInvestmentPurchaseAndSale-2.48M0.000.00
PurchaseOfInvestment-2.48M0.000.00
NetIntangiblesPurchaseAndSale-37.70K0.000.00
PurchaseOfIntangibles-37.70K0.000.00
NetPPEPurchaseAndSale-917.84K-761.79K-1.43M-857.34K
SaleOfPPE28.08K0.006.56K8.23K
PurchaseOfPPE-945.92K-761.79K-1.44M-865.57K
OperatingCashFlow294.97K1.30M2.85M1.49M
CashFlowFromContinuingOperatingActivities294.97K1.30M2.85M1.49M
ChangeInWorkingCapital-136.63K-875.83K360.87K-1.35M
ChangeInOtherWorkingCapital120.75K343.47K-34.60K-84.23K
ChangeInOtherCurrentLiabilities-85.08K-58.94K
ChangeInPayablesAndAccruedExpense884.46K-24.80K447.66K-364.64K
ChangeInAccruedExpense179.72K
ChangeInPayable884.46K-24.80K447.66K-364.64K
ChangeInAccountPayable75.99K348.64K224.54K-911.24K
ChangeInTaxPayable662.92K-269.69K354.59K432.48K
ChangeInIncomeTaxPayable662.92K-269.69K354.59K432.48K
ChangeInPrepaidAssets196.12K-151.98K-223.56K-25.75K
ChangeInInventory-39.79K-180.34K194.67K-84.53K
ChangeInReceivables-1.30M-862.18K-23.31K-788.40K
ChangesInAccountReceivables-705.87K-1.13M-489.08K-298.84K
OtherNonCashItems-5.79K-88.59K-85.08K-58.94K
StockBasedCompensation4.41M0.000.00
ProvisionandWriteOffofAssets60.69K857.0017.61K9.97K
AssetImpairmentCharge1.12M0.000.00
DeferredTax-21.92K254.22K-4.30K-1.76K
DeferredIncomeTax-21.92K254.22K-4.30K-1.76K
DepreciationAmortizationDepletion523.23K501.98K430.42K287.22K
DepreciationAndAmortization523.23K501.98K430.42K287.22K
AmortizationCashFlow6.21K0.000.00
AmortizationOfIntangibles6.21K0.000.00
Depreciation517.01K501.98K430.42K287.22K
OperatingGainsLosses24.91K648.006.91K
GainLossOnSaleOfPPE24.91K648.000.006.91K
NetIncomeFromContinuingOperations-5.68M1.51M2.13M2.59M
SEC Filings

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