MTEN
Income statement / Annual
Last year (2023), Mingteng International Corporation Inc.'s total revenue was $8.16 M,
an increase of 590.18% from the previous year.
In 2023, Mingteng International Corporation Inc.'s net income was $1.51 M.
See Mingteng International Corporation Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
| Operating Revenue |
$8.16 M |
$1.18 M |
$1.20 M |
$638,060.00 |
| Cost of Revenue |
$4.83 M
|
$600,933.00
|
$576,505.00
|
$261,065.00
|
| Gross Profit |
$3.32 M
|
$581,121.00
|
$622,186.00
|
$376,995.00
|
| Gross Profit Ratio |
0.41
|
0.49
|
0.52
|
0.59
|
| Research and Development Expenses |
$630,752.00
|
$73,143.00
|
$63,203.00
|
$34,692.00
|
| General & Administrative Expenses |
$797,140.00
|
$926,786.00
|
$611,244.00
|
$364,591.00
|
| Selling & Marketing Expenses |
$153,213.00
|
$132,542.00
|
$123,334.00
|
$63,031.00
|
| Selling, General & Administrative Expenses |
$950,353.00
|
$157,317.00
|
$113,899.00
|
$61,954.00
|
| Other Expenses |
$0.00
|
$58,311.00
|
$134,143.00
|
$65,447.00
|
| Operating Expenses |
$1.58 M
|
$230,460.00
|
$177,102.00
|
$96,646.00
|
| Cost And Expenses |
$6.42 M
|
$831,393.00
|
$753,607.00
|
$357,712.00
|
| Interest Income |
$4,459.00
|
$2,171.00
|
$6,515.00
|
$5,552.00
|
| Interest Expense |
$59,477.00
|
$53,991.00
|
$51,465.00
|
$20,653.00
|
| Depreciation & Amortization |
$404,881.00
|
$37,712.00
|
$26,471.00
|
$11,816.00
|
| EBITDA |
$2.15 M |
$2.63 M |
$3.08 M |
$2.06 M |
| EBITDA Ratio |
0.26
|
0.33
|
0.39
|
0.46
|
| Operating Income Ratio |
0.21
|
0.3
|
0.37
|
0.44
|
| Total Other Income/Expenses Net |
$108,560.00
|
$14,750.00
|
$18,550.00
|
$22,898.00
|
| Income Before Tax |
$1.85 M
|
$365,410.00
|
$463,633.00
|
$303,246.00
|
| Income Before Tax Ratio |
0.23
|
0.31
|
0.39
|
0.48
|
| Income Tax Expense |
$344,586.00
|
$48,618.00
|
$61,534.00
|
$18,550.00
|
| Net Income |
$1.51 M
|
$316,792.00
|
$402,098.00
|
$284,695.00
|
| Net Income Ratio |
0.18
|
0.27
|
0.34
|
0.45
|
| EPS |
0.3 |
0.0634 |
0.0804 |
0.0569 |
| EPS Diluted |
0.3 |
0.0634 |
0.0804 |
0.0569 |
| Weighted Average Shares Out |
$5.00 M
|
$5.00 M
|
$5.00 M
|
$5.00 M
|
| Weighted Average Shares Out Diluted |
$5.00 M
|
$5.00 M
|
$5.00 M
|
$5.00 M
|
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