Luda Technology Group Limited(LUD)Earnings, Financials & Key Ratios
LUD•AMEX
$6.09
$122M mkt cap·Price updated May 6, 2026
AboutLuda Technology Group Limited, through its subsidiaries, engages in the manufacture and sale of stainless steel and carbon steel flanges and fittings products in the People's Republic of China, South America, Australia, Europe, North America, and rest of Asia. The company is also involved in the trading of steel pipes, valves, and other steel tubing products. It serves manufacturers and traders from the chemical, petrochemical, maritime, and manufacturing industries. The company was incorporated in 2021 and is headquartered in Hung Hom, Hong Kong. Luda Technology Group Limited is a subsidiary of Diamond Horses Group Limited.Show more
- Revenue$45M-12.8%
- EBITDA$937K-78.4%
- Net Income-$361K-111.9%
- EPS (Diluted)-0.02-112.3%
- Gross Margin25.42%+20.0%
- EBITDA Margin2.09%-75.3%
- Operating Margin1.02%-86.5%
- Net Margin-0.8%-113.6%
- ROE-2.46%-112.7%
- ROIC4.65%-82.3%
- Debt/Equity0.05-10.2%
- Interest Coverage0.82-91.4%
LUD Key Insights
Luda Technology Group Limited (LUD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Healthy dividend yield of 2.5%
- ✓Efficient asset utilization: 1.1x turnover
✗Weaknesses
- ✗Trading more than 30% below 52-week high
- ✗Expensive at 10.8x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
LUD Price & Volume
Luda Technology Group Limited (LUD) stock price & volume — 10-year historical chart
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LUD Growth Metrics
Luda Technology Group Limited (LUD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years9.53%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years16.38%
5 Years16.38%
3 Years16.38%
Last Year2.9%
LUD Peer Comparison
Luda Technology Group Limited (LUD) competitors in Tubular Steel and Pipe Products — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CLPS | 25.89M | 0.93 | -3.56 | 15.17% | -1.27% | -6.06% | 0.59 | |
 CNET | 1.99M | 0.75 | -0.40 | -49.52% | -33.36% | -60.34% | 0.03 | |
 RETO | 356.46K | 0.65 | -0.04 | -43.49% | -291.88% | -183.45% | 0.00 | |
 AIXI | 7.9M | 0.75 | -0.47 | 18.84% | -45.89% | |||
 BTBT | 621.7M | 1.93 | 9.65 | 264.59% | 21.41% | 0.03 | ||
 GFAI | 10.88M | 0.50 | -0.94 | 0.18% | -32.94% | -69.69% | 0.08 | |
 TIGR | 676.45M | 6.93 | 19.25 | 43.68% | 17.64% | 0.27 | ||
 KXIN | 5.06M | 4.60 | -0.10 | -100% | -694.94% | -5.94% | 0.08 |
Compare LUD vs Peers
Luda Technology Group Limited (LUD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
LUD Income Statement
Luda Technology Group Limited (LUD) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Sales/Revenue | 34.14M | 49.85M | 51.43M | 44.86M | - |
| Revenue Growth % | - | 46.01% | 3.16% | -12.76% | - |
| Cost of Goods Sold | 27.01M | 39.57M | 40.53M | 33.46M | - |
| COGS % of Revenue | 79.1% | 79.37% | 78.82% | 74.58% | - |
| Gross Profit | 7.13M▲ 0% | 10.29M▲ 44.2% | 10.89M▲ 5.9% | 11.41M▲ 4.7% | -▲ 0% |
| Gross Margin % | 20.9% | 20.63% | 21.18% | 25.42% | - |
| Gross Profit Growth % | - | 44.16% | 5.93% | 4.68% | - |
| Operating Expenses | 4.73M | 6.46M | 7.02M | 10.95M | - |
| OpEx % of Revenue | 13.85% | 12.96% | 13.66% | 24.41% | - |
| Selling, General & Admin | 3.72M | 4.06M | 4.51M | 9.38M | - |
| SG&A % of Revenue | 10.9% | 8.14% | 8.76% | 20.9% | - |
| Research & Development | 1.01M | 1.55M | 1.36M | 1.38M | - |
| R&D % of Revenue | 2.95% | 3.11% | 2.65% | 3.08% | - |
| Other Operating Expenses | 0 | 857.63K | 1.15M | 189.38K | - |
| Operating Income | 2.41M▲ 0% | 3.82M▲ 58.8% | 3.87M▲ 1.3% | 455.91K▼ 88.2% | -▲ 0% |
| Operating Margin % | 7.05% | 7.67% | 7.53% | 1.02% | - |
| Operating Income Growth % | - | 58.77% | 1.27% | -88.22% | - |
| EBITDA | 2.89M | 4.26M | 4.34M | 936.52K | - |
| EBITDA Margin % | 8.45% | 8.54% | 8.44% | 2.09% | - |
| EBITDA Growth % | - | 47.46% | 2% | -78.43% | - |
| D&A (Non-Cash Add-back) | 478.57K | 433.38K | 470.12K | 480.61K | - |
| EBIT | 6.44M | 3.91M | 3.89M | 459.36K | - |
| Net Interest Income | -294.62K | -339.16K | -406.69K | -556.16K | - |
| Interest Income | 0 | 0 | 0 | 0 | - |
| Interest Expense | 294.62K | 339.16K | 406.69K | 556.16K | - |
| Other Income/Expense | 3.74M | -253.5K | -391.46K | -552.7K | - |
| Pretax Income | 6.14M▲ 0% | 3.57M▼ 41.9% | 3.48M▼ 2.5% | -96.8K▼ 102.8% | -▲ 0% |
| Pretax Margin % | 18% | 7.16% | 6.77% | -0.22% | - |
| Income Tax | 1.2M | 501.57K | 446.9K | 264.22K | - |
| Effective Tax Rate % | 19.59% | 14.05% | 12.84% | -272.97% | - |
| Net Income | 4.94M▲ 0% | 3.07M▼ 37.9% | 3.03M▼ 1.1% | -361.02K▼ 111.9% | -▲ 0% |
| Net Margin % | 14.47% | 6.15% | 5.9% | -0.8% | - |
| Net Income Growth % | - | -37.92% | -1.13% | -111.9% | - |
| Net Income (Continuing) | 4.94M | 3.07M | 3.03M | -361.02K | - |
| Discontinued Operations | 0 | 0 | 0 | 0 | - |
| Minority Interest | 0 | 0 | 0 | 0 | - |
| EPS (Diluted) | 0.22▲ 0% | 0.14▼ 36.4% | 0.13▼ 7.1% | -0.02▼ 112.3% | -▲ 0% |
| EPS Growth % | - | -36.36% | -7.14% | -112.31% | - |
| EPS (Basic) | 0.22 | 0.14 | 0.13 | -0.02 | - |
| Diluted Shares Outstanding | 22.5M | 22.5M | 22.5M | 22.5M | 22.5M |
| Basic Shares Outstanding | 22.5M | 22.5M | 22.5M | 22.5M | 22.5M |
| Dividend Payout Ratio | 6.19% | - | 20.8% | - | - |
LUD Balance Sheet
Luda Technology Group Limited (LUD) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Total Current Assets | 25.95M | 33.85M | 39.51M | 31.85M | - |
| Cash & Short-Term Investments | 5.47M | 4.14M | 8.1M | 9.52M | 8.13M |
| Cash Only | 5.45M | 4.12M | 8.08M | 8.13M | 8.13M |
| Short-Term Investments | 22.65K | 18.24K | 19.6K | 1.39M | - |
| Accounts Receivable | 15.27M | 22.5M | 22.66M | 15.26M | - |
| Days Sales Outstanding | 163.22 | 164.73 | 160.81 | 124.12 | - |
| Inventory | 4.67M | 6.12M | 7.35M | 5.81M | - |
| Days Inventory Outstanding | 63.1 | 56.42 | 66.19 | 63.35 | - |
| Other Current Assets | 165.61K | 316.54K | 1.1M | 871.84K | - |
| Total Non-Current Assets | 5.91M | 5.78M | 7.19M | 7.45M | - |
| Property, Plant & Equipment | 3.72M | 3.47M | 4.66M | 5.12M | - |
| Fixed Asset Turnover | 9.18x | 14.38x | 11.04x | 8.75x | - |
| Goodwill | 0 | 0 | 0 | 0 | - |
| Intangible Assets | 871.26K | 784K | 741.23K | 701.15K | - |
| Long-Term Investments | 0 | 0 | 0 | 0 | - |
| Other Non-Current Assets | 1.05M | 1.18M | 1.23M | 1.07M | - |
| Total Assets | 31.86M▲ 0% | 39.63M▲ 24.4% | 46.7M▲ 17.8% | 39.31M▼ 15.8% | 39.31M▲ 0% |
| Asset Turnover | 1.07x | 1.26x | 1.10x | 1.14x | - |
| Asset Growth % | - | 24.41% | 17.82% | -15.83% | - |
| Total Current Liabilities | 17.17M | 22.6M | 28.75M | 25.85M | - |
| Accounts Payable | 6.26M | 11.87M | 12.08M | 8.67M | - |
| Days Payables Outstanding | 84.62 | 109.49 | 108.75 | 94.62 | - |
| Short-Term Debt | 0 | 0 | 140.85K | 0 | - |
| Deferred Revenue (Current) | 401.18K | 223.57K | 225.53K | 221.77K | - |
| Other Current Liabilities | 6.54M | 6.68M | 13.43M | 12.98M | - |
| Current Ratio | 1.51x | 1.50x | 1.37x | 1.23x | 1.23x |
| Quick Ratio | 1.24x | 1.23x | 1.12x | 1.01x | 1.01x |
| Cash Conversion Cycle | 141.71 | 111.66 | 118.24 | 92.85 | - |
| Total Non-Current Liabilities | 1.57M | 2.51M | 1.2M | 790.91K | - |
| Long-Term Debt | 1.32M | 2.1M | 763.93K | 614.48K | - |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | - |
| Deferred Tax Liabilities | 248.56K | 408.54K | 437.65K | 176.43K | - |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | - |
| Total Liabilities | 18.74M | 25.1M | 29.95M | 26.64M | - |
| Total Debt | 1.32M | 2.1M | 904.78K | 614.48K | 614.48K |
| Net Debt | -4.13M | -2.02M | -7.18M | -7.52M | -7.52M |
| Debt / Equity | 0.10x | 0.14x | 0.05x | 0.05x | 0.05x |
| Debt / EBITDA | 0.46x | 0.49x | 0.21x | 0.66x | - |
| Net Debt / EBITDA | -1.43x | -0.47x | -1.65x | -8.03x | -8.03x |
| Interest Coverage | 8.17x | 11.27x | 9.52x | 0.82x | - |
| Total Equity | 13.12M▲ 0% | 14.53M▲ 10.8% | 16.75M▲ 15.3% | 12.66M▼ 24.4% | 12.66M▲ 0% |
| Equity Growth % | - | 10.78% | 15.27% | -24.38% | - |
| Book Value per Share | 0.58 | 0.65 | 0.74 | 0.56 | 0.56 |
| Total Shareholders' Equity | 13.12M | 14.53M | 16.75M | 12.66M | 12.66M |
| Common Stock | 641.03K | 641.03K | 641.03K | 641.03K | - |
| Retained Earnings | 10.56M | 12.86M | 15.24M | 11.37M | - |
| Treasury Stock | 0 | 0 | 0 | 0 | - |
| Accumulated OCI | 1.92M | 1.03M | 862.51K | 650.04K | - |
| Minority Interest | 0 | 0 | 0 | 0 | - |
LUD Cash Flow Statement
Luda Technology Group Limited (LUD) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Cash from Operations | 1.37M | -1M | 3.33M | 5.46M | 5.46M |
| Operating CF Margin % | 4.01% | -2.01% | 6.48% | 12.16% | - |
| Operating CF Growth % | - | -173.24% | 432.38% | 63.75% | - |
| Net Income | 4.94M | 3.07M | 3.03M | -361.02K | - |
| Depreciation & Amortization | 478.57K | 433.38K | 470.12K | 480.61K | - |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | - |
| Deferred Taxes | 305.51K | 50.22K | -186.3K | -265.47K | - |
| Other Non-Cash Items | -3.99M | 761.17K | 960.02K | 709.53K | - |
| Working Capital Changes | -363.59K | -5.31M | -943.57K | 4.89M | - |
| Change in Receivables | -1.83M | -9.51M | -1.31M | 6.97M | - |
| Change in Inventory | -1.06M | -2.17M | -1.64M | 1.16M | - |
| Change in Payables | 2.57M | 5.93M | -44.5K | -1.93M | - |
| Cash from Investing | -492.3K | -431.32K | -1.76M | -2.82M | - |
| Capital Expenditures | -518.93K | -460.38K | -1.76M | -1.08M | - |
| CapEx % of Revenue | 1.52% | 0.92% | 3.42% | 2.4% | - |
| Acquisitions | 0 | 0 | 0 | 0 | - |
| Investments | - | - | - | - | - |
| Other Investing | 10.6K | 24.65K | -699 | -1.74M | - |
| Cash from Financing | 696.16K | 524.09K | 2.71M | -2.59M | - |
| Debt Issued (Net) | 995.61K | 729.48K | 3.96M | 621.93K | - |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | - |
| Dividends Paid | -306.04K | 0 | -630.78K | -3.38M | - |
| Share Repurchases | 0 | 0 | 0 | 0 | - |
| Other Financing | 6.59K | -205.39K | -625.6K | 170.48K | - |
| Net Change in Cash | 1.68M▲ 0% | -1.33M▼ 179.4% | 4.12M▲ 408.6% | -62.75K▼ 101.5% | -▲ 0% |
| Free Cash Flow | 850.13K▲ 0% | -1.46M▼ 272.1% | 1.57M▲ 207.6% | 4.38M▲ 178.2% | -▲ 0% |
| FCF Margin % | 2.49% | -2.94% | 3.06% | 9.76% | - |
| FCF Growth % | - | -272.1% | 207.6% | 178.18% | - |
| FCF per Share | 0.04 | -0.07 | 0.07 | 0.19 | 0.19 |
| FCF Conversion (FCF/Net Income) | 0.28x | -0.33x | 1.10x | -15.12x | - |
| Interest Paid | 294.62K | 339.16K | 455.46K | 530.18K | - |
| Taxes Paid | 331.39K | 703.03K | 954.11K | 557.35K | - |
LUD Key Ratios
Luda Technology Group Limited (LUD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|
| Return on Equity (ROE) | 22.19% | 19.39% | -2.46% | - |
| Return on Invested Capital (ROIC) | 26.67% | 26.3% | 4.65% | 4.65% |
| Gross Margin | 20.63% | 21.18% | 25.42% | - |
| Net Margin | 6.15% | 5.9% | -0.8% | - |
| Debt / Equity | 0.14x | 0.05x | 0.05x | 0.05x |
| Interest Coverage | 11.27x | 9.52x | 0.82x | - |
| FCF Conversion | -0.33x | 1.10x | -15.12x | - |
| Revenue Growth | 46.01% | 3.16% | -12.76% | - |
LUD Frequently Asked Questions
Luda Technology Group Limited (LUD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Luda Technology Group Limited (LUD) reported $44.9M in revenue for fiscal year 2024. This represents a 31% increase from $34.1M in 2021.
Luda Technology Group Limited (LUD) saw revenue decline by 12.8% over the past year.
Luda Technology Group Limited (LUD) reported a net loss of $0.4M for fiscal year 2024.
Dividend & Returns
Yes, Luda Technology Group Limited (LUD) pays a dividend with a yield of 2.46%. This makes it attractive for income-focused investors.
Luda Technology Group Limited (LUD) has a return on equity (ROE) of -2.5%. Negative ROE indicates the company is unprofitable.
Luda Technology Group Limited (LUD) generated $4.4M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More LUD
Luda Technology Group Limited (LUD) financial analysis — history, returns, DCA and operating performance tools
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Dividend History
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Earnings History
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Price History
Long-term charts & historical price data
Revenue History
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Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
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