Mingteng International Corporation Inc. (MTEN) 10-Year Financial Performance & Capital Metrics

MTEN • • Industrial / General

IndustrialsMetal FabricationPrecision Manufacturing & ToolingPrecision Molds & Tooling

AboutMingteng International Corporation Inc. engages in the design, development, production, assembly, testing, repair, and after-sale service of 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. The company also produces molds for new energy electric vehicle motor drive systems, battery pack systems, and engineering hydraulic components. It serves automobile, construction machinery, and other manufacturing industries. The company was founded in 2015 and is based in Wuxi, China.Show more

Revenue $10M +24.0%
EBITDA -$5M -313.7%
Net Income -$6M -476.9%
EPS (Diluted) -1.04 -446.7%
Gross Margin 30.31% -25.6%
EBITDA Margin -45.35% -272.3%
Operating Margin -50.52% -336.5%
Net Margin -56.12% -403.9%
ROE -71.43% -297.2%
ROIC -52.88% -252.4%
Debt/Equity 0.17 +298.6%
Interest Coverage -139.06 -574.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Healthy 5Y average net margin of 13.5%
✓Trading at only 0.0x book value

✗Weaknesses

✗Weak 3Y average ROE of 1.5%
✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow
✗Weak momentum: RS Rating 0 (bottom 0%)
✗Shares diluted 17.7% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y103.62%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-

EPS CAGR

10Y-

5Y-

3Y-

TTM-

ROCE

10Y Avg38.08%

5Y Avg38.08%

3Y Avg7.09%

Latest-62.39%

Peer Comparison

Precision Molds & Tooling

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MTENMingteng International Corporation Inc.	6.14M	0.03	-0.03	24.04%	-22.3%	-48.23%		0.17
TPCSTechPrecision Corporation	50.57M	5.05	-17.41	7.72%	-1.37%	-5.04%		1.35

Profit & Loss

	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	638.06K	1.2M	1.18M	8.16M	10.12M
Revenue Growth %	-	0.88%	-0.01%	5.9%	0.24%
Cost of Goods Sold+	261.06K	576.5K	600.93K	4.83M	7.05M
COGS % of Revenue	0.41%	0.48%	0.51%	0.59%	0.7%
Gross Profit+	377K	622.19K	581.12K	3.32M	3.07M
Gross Margin %	0.59%	0.52%	0.49%	0.41%	0.3%
Gross Profit Growth %	-	0.65%	-0.07%	4.72%	-0.08%
Operating Expenses+	96.65K	177.1K	230.46K	1.58M	8.18M
OpEx % of Revenue	0.15%	0.15%	0.19%	0.19%	0.81%
Selling, General & Admin	427.62K	734.58K	1.06M	950.35K	7.55M
SG&A % of Revenue	0.67%	0.61%	0.9%	0.12%	0.75%
Research & Development	34.69K	63.2K	73.14K	630.75K	634.05K
R&D % of Revenue	0.05%	0.05%	0.06%	0.08%	0.06%
Other Operating Expenses	65.45K	134.14K	58.31K	0	0
Operating Income+	280.35K	445.08K	350.66K	1.74M	-5.11M
Operating Margin %	0.44%	0.37%	0.3%	0.21%	-0.51%
Operating Income Growth %	-	0.59%	-0.21%	3.97%	-3.93%
EBITDA+	292.17K	471.55K	388.37K	2.15M	-4.59M
EBITDA Margin %	0.46%	0.39%	0.33%	0.26%	-0.45%
EBITDA Growth %	-	0.61%	-0.18%	4.53%	-3.14%
D&A (Non-Cash Add-back)	11.82K	26.47K	37.71K	404.88K	523.23K
EBIT	1.94M	2.87M	2.36M	1.74M	-5.11M
Net Interest Income+	-15.1K	-44.95K	-51.82K	-55.02K	-35.54K
Interest Income	5.55K	6.51K	2.17K	4.46K	1.23K
Interest Expense	20.65K	51.47K	53.99K	59.48K	36.77K
Other Income/Expense	22.9K	18.55K	14.75K	108.56K	-486.48K
Pretax Income+	303.25K	463.63K	365.41K	1.85M	-5.6M
Pretax Margin %	0.48%	0.39%	0.31%	0.23%	-0.55%
Income Tax+	18.55K	61.53K	48.62K	344.59K	80.01K
Effective Tax Rate %	0.94%	0.87%	0.87%	0.81%	1.01%
Net Income+	284.69K	402.1K	316.79K	1.51M	-5.68M
Net Margin %	0.45%	0.34%	0.27%	0.18%	-0.56%
Net Income Growth %	-	0.41%	-0.21%	3.76%	-4.77%
Net Income (Continuing)	284.69K	402.1K	316.79K	1.51M	-5.68M
Discontinued Operations	0	0	0	0	0
Minority Interest	0	0	0	0	0
EPS (Diluted)+	0.06	0.08	0.06	0.30	-1.04
EPS Growth %	-	0.41%	-0.21%	3.73%	-4.47%
EPS (Basic)	0.06	0.08	0.06	0.30	-1.04
Diluted Shares Outstanding	5M	5M	5M	5M	5.88M
Basic Shares Outstanding	5M	5M	5M	5M	5.88M
Dividend Payout Ratio	-	-	0.17%	-	-

Balance Sheet

	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	634.5K	749.17K	908.48K	6.66M	8.64M
Cash & Short-Term Investments	67.4K	48.17K	257.97K	1.06M	2.08M
Cash Only	67.4K	48.17K	257.97K	1.06M	2.08M
Short-Term Investments	0	0	0	0	0
Accounts Receivable	375.99K	2.16M	463.24K	3.52M	5.16M
Days Sales Outstanding	215.08	659.21	143.04	157.38	186.07
Inventory	191.11K	218.2K	187.27K	1.22M	178.93K
Days Inventory Outstanding	267.2	138.15	113.75	91.89	9.26
Other Current Assets	0	-3.12M	2.76M	483.51K	1.08M
Total Non-Current Assets+	217.45K	498.47K	539.92K	4.05M	5.32M
Property, Plant & Equipment	176.66K	358.09K	459.87K	3.34M	3.9M
Fixed Asset Turnover	3.61x	3.35x	2.57x	2.45x	2.60x
Goodwill	0	0	0	0	0
Intangible Assets	0	1	0	0	67.71K
Long-Term Investments	40.73K	70.39K	0	0	1.36M
Other Non-Current Assets	1	69.65K	79.17K	715.77K	13.24K
Total Assets+	851.95K	1.25M	1.45M	10.71M	13.96M
Asset Turnover	0.75x	0.96x	0.82x	0.76x	0.72x
Asset Growth %	-	0.46%	0.16%	6.4%	0.3%
Total Current Liabilities+	526.4K	501K	564.74K	3.02M	5.27M
Accounts Payable	2.25M	547.79K	175.63K	1.26M	1.28M
Days Payables Outstanding	3.14K	346.82	106.67	95.2	66.03
Short-Term Debt	689.67K	147.52K	210.68K	314.91K	1.39M
Deferred Revenue (Current)	28.18K	16.22K	8.81K	401.94K	515.65K
Other Current Liabilities	246.11K	5.19M	6.71M	834.13K	60.17K
Current Ratio	1.21x	1.50x	1.61x	2.21x	1.64x
Quick Ratio	0.84x	1.06x	1.28x	1.80x	1.61x
Cash Conversion Cycle	-2.66K	450.54	150.11	154.06	129.3
Total Non-Current Liabilities+	26.23K	20.59K	9.93K	246.89K	241.96K
Long-Term Debt	0	0	0	0	0
Capital Lease Obligations	0	6.96K	0	0	20.41K
Deferred Tax Liabilities	0	0	0	246.89K	0
Other Non-Current Liabilities	26.23K	13.63K	9.93K	0	221.55K
Total Liabilities	552.64K	521.6K	574.67K	3.27M	5.51M
Total Debt+	114.3K	148.61K	210.68K	314.91K	1.43M
Net Debt	46.9K	100.44K	-47.28K	-741.33K	-656K
Debt / Equity	0.38x	0.20x	0.24x	0.04x	0.17x
Debt / EBITDA	0.39x	0.32x	0.54x	0.15x	-
Net Debt / EBITDA	0.16x	0.21x	-0.12x	-0.35x	-
Interest Coverage	13.57x	8.65x	6.49x	29.30x	-139.06x
Total Equity+	299.31K	726.04K	873.73K	7.45M	8.45M
Equity Growth %	-	1.43%	0.2%	7.52%	0.14%
Book Value per Share	0.06	0.15	0.17	1.49	1.44
Total Shareholders' Equity	299.31K	726.04K	873.73K	7.45M	8.45M
Common Stock	8	8	7	50	68
Retained Earnings	143.45K	513.4K	713.43K	6.47M	1.25M
Treasury Stock	0	0	0	0	0
Accumulated OCI	40.87K	94.65K	31.21K	83.2K	46.01K
Minority Interest	0	0	0	0	0

Cash Flow

	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-3.65K	230.9K	423.64K	1.3M	294.97K
Operating CF Margin %	-0.01%	0.19%	0.36%	0.16%	0.03%
Operating CF Growth %	-	64.34%	0.83%	2.07%	-0.77%
Net Income	284.69K	402.1K	316.79K	1.51M	-5.68M
Depreciation & Amortization	11.82K	26.47K	37.71K	501.98K	523.23K
Stock-Based Compensation	0	0	0	0	4.41M
Deferred Taxes	-41	-273	-639	254.22K	-21.92K
Other Non-Cash Items	265.53K	354.26K	78.65K	-93.02K	1.2M
Working Capital Changes	-315.61K	-218.08K	40.96K	-875.83K	-137K
Change in Receivables	-39.62K	-122.24K	-3.46K	-121.69K	-1.3M
Change in Inventory	-79.58K	-17.1K	-4.29K	-46.07K	-39.79K
Change in Payables	-107.21K	-141.29K	33.34K	49.21K	75.99K
Cash from Investing+	-31.9K	-132.93K	-212.78K	-761.79K	-3.43M
Capital Expenditures	-32.95K	-134.21K	-213.75K	-761.79K	-946K
CapEx % of Revenue	0.05%	0.11%	0.18%	0.09%	0.09%
Acquisitions	-	-	-	-	-
Investments	-	-	-	-	-
Other Investing	-6	8.23K	6.56K	0	-9.62K
Cash from Financing+	94.52K	-120.04K	24.59K	-1.25M	4.15M
Debt Issued (Net)	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-
Dividends Paid	0	0	-52.29K	0	0
Share Repurchases	-	-	-	-	-
Other Financing	557.88K	-722.16K	4.67K	-172.18K	-264.95K
Net Change in Cash	-	-	-	-	-
Free Cash Flow+	-36.6K	96.69K	209.89K	538.2K	-689K
FCF Margin %	-0.06%	0.08%	0.18%	0.07%	-0.07%
FCF Growth %	-	3.64%	1.17%	1.56%	-2.28%
FCF per Share	-0.01	0.02	0.04	0.11	-0.12
FCF Conversion (FCF/Net Income)	-0.01x	0.57x	1.34x	0.86x	-0.05x
Interest Paid	20.55K	31.28K	53.99K	59.48K	36.77K
Taxes Paid	18.73K	8.66K	101.46K	205.76K	113.11K

Key Ratios

Metric	2020	2021	2022	2023	2024
Return on Equity (ROE)	95.12%	78.43%	39.6%	36.22%	-71.43%
Return on Invested Capital (ROIC)	60.73%	56.93%	31.82%	34.71%	-52.88%
Gross Margin	59.08%	51.91%	49.16%	40.74%	30.31%
Net Margin	44.62%	33.54%	26.8%	18.47%	-56.12%
Debt / Equity	0.38x	0.20x	0.24x	0.04x	0.17x
Interest Coverage	13.57x	8.65x	6.49x	29.30x	-139.06x
FCF Conversion	-0.01x	0.57x	1.34x	0.86x	-0.05x
Revenue Growth	-	87.86%	-1.39%	590.18%	24.04%

Frequently Asked Questions

Growth & Financials

Mingteng International Corporation Inc. (MTEN) reported $18.3M in revenue for fiscal year 2024. This represents a 2765% increase from $0.6M in 2020.

Mingteng International Corporation Inc. (MTEN) grew revenue by 24.0% over the past year. This is strong growth.

Mingteng International Corporation Inc. (MTEN) reported a net loss of $4.1M for fiscal year 2024.

Dividend & Returns

Mingteng International Corporation Inc. (MTEN) has a return on equity (ROE) of -71.4%. Negative ROE indicates the company is unprofitable.

Mingteng International Corporation Inc. (MTEN) had negative free cash flow of $0.2M in fiscal year 2024, likely due to heavy capital investments.

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