WLGSF
WANG & LEE GROUP, Inc.
Price Chart
Latest Quote
$0.01
Current Price| Previous Close | $0.01 |
| Open | $0.01 |
| Day High | $0.01 |
| Day Low | $0.01 |
| Volume | 63,125 |
Stock Information
| Shares Outstanding | 699K |
| Total Debt | $2.46M |
| Cash Equivalents | $4.30M |
| Revenue | $3.95M |
| Net Income | $-2.54M |
| Sector | Industrials |
| Industry | Engineering & Construction |
| Market Cap | $8K |
| EPS (TTM) | $-42.50 |
| Exchange | PNK |
đ Custom Metrics & Score
Score: 10/42| Debt to Equity | 0.70 |
| Debt to Earnings | 5.98 |
| Current Ratio | 1.44 |
| Quick Ratio | 1.40 |
| Avg Revenue Growth | -1.11% |
| Profit Margin | -64.38% |
| Return on Equity | -72.79% |
| Avg FCF Growth | 56.29% |
| FCF Yield | -19710.48% |
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-02-02 | $0.01 | 147,500 |
| 2026-01-30 | $0.01 | 326,000 |
| 2026-01-29 | $0.01 | 1,371,000 |
| 2026-01-28 | $0.01 | 1,255,800 |
| 2026-01-27 | $0.01 | 457,200 |
| 2026-01-26 | $0.01 | 610,700 |
| 2026-01-23 | $0.01 | 254,000 |
| 2026-01-22 | $0.01 | 353,900 |
| 2026-01-21 | $0.01 | 355,400 |
| 2026-01-20 | $0.01 | 3,772,400 |
| 2026-01-16 | $0.01 | 2,767,800 |
| 2026-01-15 | $0.01 | 5,246,800 |
| 2026-01-14 | $0.01 | 2,184,200 |
| 2026-01-13 | $0.01 | 1,576,700 |
| 2026-01-12 | $0.01 | 863,500 |
| 2026-01-09 | $0.01 | 355,000 |
| 2026-01-08 | $0.01 | 635,700 |
| 2026-01-07 | $0.01 | 1,943,800 |
| 2026-01-06 | $0.01 | 3,071,800 |
| 2026-01-05 | $0.01 | 6,246,800 |
About WANG & LEE GROUP, Inc.
WANG & LEE GROUP, Inc., through its subsidiary, operates as a construction contractor in Hong Kong and Mainland China. It engages in the contract engineering, installation, and out-fitting activities for low voltage electrical systems, mechanical ventilation and air-conditioning systems, fire safety systems, and water supply and sewage disposal systems for the public and private sectors. The company also offers fire services, which includes fire prevention, detection, suppression and extinguishing systems, and plumbing and drainage systems. It serves small startups and large companies, as well as private individuals, offices, factories, shopping malls, hotels, hospitals, schools and educational institutes, theme parks, construction companies, and property developers, as well as the HK SAR government. The company was founded in 1981 and is based in Kwun Tong, Hong Kong. WANG & LEE GROUP, Inc. operates as a subsidiary of Wang & Lee Brothers, Inc.
đ° Latest News
Income Statement (Annual)
Revenue
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Reconciled Cost Of Revenue | $3,539,478 | $4,385,279 | $3,384,227 | $3,275,299 |
| Cost Of Revenue | $3,539,478 | $4,385,279 | $3,384,227 | $3,275,299 |
| Total Revenue | $3,951,649 | $6,825,879 | $4,169,931 | $4,135,059 |
| Operating Revenue | $3,951,649 | $6,825,879 | $4,169,931 | $4,135,059 |
Expenses
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Interest Expense | $129,803 | $61,564 | $35,377 | $13,312 |
| Total Expenses | $6,500,524 | $7,596,969 | $4,811,383 | $4,495,918 |
| Other Income Expense | $134,719 | $183,800 | $79,948 | $19,428 |
| Other Non Operating Income Expenses | $134,719 | $183,800 | $79,948 | $19,428 |
| Net Non Operating Interest Income Expense | $-129,803 | $-61,564 | $-35,377 | $-13,312 |
| Interest Expense Non Operating | $129,803 | $61,564 | $35,377 | $13,312 |
| Operating Expense | $2,961,046 | $3,211,690 | $1,427,156 | $1,220,619 |
| Selling And Marketing Expense | $0 | $0 | $0 | $0 |
| General And Administrative Expense | $2,961,046 | $3,211,690 | $1,427,156 | $1,220,619 |
Income & Earnings
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Income From Continuing Operation Net Minority Interest | $-2,543,959 | $-648,854 | $-596,881 | $-354,743 |
| Net Interest Income | $-129,803 | $-61,564 | $-35,377 | $-13,312 |
| Normalized Income | $-2,543,959 | $-648,854 | $-596,881 | $-354,743 |
| Net Income From Continuing And Discontinued Operation | $-2,543,959 | $-648,854 | $-596,881 | $-354,743 |
| Total Operating Income As Reported | $-2,548,875 | $-771,090 | $-641,452 | $-360,859 |
| Net Income Common Stockholders | $-2,543,959 | $-648,854 | $-596,881 | $-354,743 |
| Net Income | $-2,543,959 | $-648,854 | $-596,881 | $-354,743 |
| Net Income Including Noncontrolling Interests | $-2,543,959 | $-648,854 | $-596,881 | $-354,743 |
| Net Income Continuous Operations | $-2,543,959 | $-648,854 | $-596,881 | $-354,743 |
| Pretax Income | $-2,543,959 | $-648,854 | $-596,881 | $-354,743 |
| Operating Income | $-2,548,875 | $-771,090 | $-641,452 | $-360,859 |
| Gross Profit | $412,171 | $2,440,600 | $785,704 | $859,760 |
Per Share Metrics
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Diluted EPS | - | $-5.00 | $-9.95 | $-5.91 |
| Basic EPS | - | $-5.00 | $-9.95 | $-5.91 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-2,399,119 | $-578,861 | $-558,901 | $-337,802 |
| Reconciled Depreciation | $15,037 | $8,429 | $2,603 | $3,629 |
| EBITDA (Bullshit earnings) | $-2,399,119 | $-578,861 | $-558,901 | $-337,802 |
| EBIT | $-2,414,156 | $-587,290 | $-561,504 | $-341,431 |
| Diluted NI Availto Com Stockholders | $-2,543,959 | $-648,854 | $-596,881 | $-354,743 |
| Tax Provision | $0 | $0 | $0 | $0 |
| Selling General And Administration | $2,961,046 | $3,211,690 | $1,427,156 | $1,220,619 |
| Other Gand A | $2,961,046 | $3,211,690 | $1,427,156 | $1,220,619 |
| Diluted Average Shares | - | $60,375 | $60,000 | $60,000 |
| Basic Average Shares | - | $60,375 | $60,000 | $60,000 |
Balance Sheet (Annual)
Assets
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Tangible Assets | $3,494,999 | $6,008,925 | $-1,713,445 | $-1,116,434 |
| Total Assets | $8,721,050 | $11,790,806 | $3,100,011 | $2,419,592 |
| Total Non Current Assets | $1,887,276 | $492,569 | $221,411 | $155,014 |
| Non Current Accounts Receivable | $1,744,522 | $220,178 | $219,599 | $150,589 |
| Current Assets | $6,833,774 | $11,298,237 | $2,878,600 | $2,264,578 |
| Prepaid Assets | $170,659 | $188,830 | $159,741 | $16,625 |
| Receivables | $2,358,601 | $5,899,214 | $2,109,243 | $1,710,215 |
| Other Receivables | $266,106 | $1,782,968 | $1,037,458 | $959,934 |
| Accounts Receivable | $2,091,202 | $4,114,960 | $1,070,503 | $748,998 |
| Allowance For Doubtful Accounts Receivable | $-503,181 | $-189,090 | $-35,921 | $-8,173 |
| Gross Accounts Receivable | $2,594,383 | $4,304,050 | $1,106,424 | $757,171 |
| Cash Cash Equivalents And Short Term Investments | $4,304,514 | $5,210,193 | $609,616 | $537,738 |
| Cash And Cash Equivalents | $4,304,514 | $5,210,193 | $609,616 | $537,738 |
Debt
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Debt | $2,462,786 | $1,949,778 | $1,108,288 | $1,011,398 |
| Long Term Debt And Capital Lease Obligation | $471,575 | $677,177 | $653,185 | $752,859 |
| Long Term Debt | $447,086 | $552,518 | $653,185 | $752,859 |
| Current Debt And Capital Lease Obligation | $1,991,211 | $1,272,601 | $455,103 | $258,539 |
| Current Debt | $1,890,316 | $1,149,062 | $455,103 | $258,539 |
| Other Current Borrowings | $1,890,316 | $1,149,062 | $455,103 | $258,539 |
| Net Debt | - | - | $498,672 | $473,660 |
Liabilities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Liabilities Net Minority Interest | $5,226,051 | $5,781,881 | $4,813,456 | $3,536,026 |
| Total Non Current Liabilities Net Minority Interest | $471,575 | $677,177 | $653,185 | $752,859 |
| Current Liabilities | $4,754,476 | $5,104,704 | $4,160,271 | $2,783,167 |
| Current Deferred Liabilities | $533,483 | $996,526 | $867,132 | $227,371 |
| Payables And Accrued Expenses | $2,229,782 | $2,835,577 | $2,838,036 | $2,297,257 |
| Payables | $2,229,782 | $2,835,577 | $2,838,036 | $2,297,257 |
| Other Payable | $304,826 | $332,035 | $47,730 | $76,119 |
| Accounts Payable | $558,218 | $1,156,523 | $937,043 | $694,581 |
Equity
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Common Stock Equity | $3,494,999 | $6,008,925 | $-1,713,445 | $-1,116,434 |
| Total Equity Gross Minority Interest | $3,494,999 | $6,008,925 | $-1,713,445 | $-1,116,434 |
| Stockholders Equity | $3,494,999 | $6,008,925 | $-1,713,445 | $-1,116,434 |
| Gains Losses Not Affecting Retained Earnings | $56,407 | $26,374 | $5,150 | $5,280 |
| Other Equity Adjustments | $56,407 | $26,374 | $5,150 | $5,280 |
| Retained Earnings | $-5,414,635 | $-2,870,676 | $-2,221,822 | $-1,624,941 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Ordinary Shares Number | $69,431 | $60,375 | $60,000 | $60,000 |
| Share Issued | $69,431 | $60,375 | $60,000 | $60,000 |
| Tangible Book Value | $3,494,999 | $6,008,925 | $-1,713,445 | $-1,116,434 |
| Invested Capital | $5,832,401 | $7,710,505 | $-605,157 | $-105,036 |
| Working Capital | $2,079,298 | $6,193,533 | $-1,281,671 | $-518,589 |
| Capital Lease Obligations | $125,384 | $248,198 | $0 | - |
| Total Capitalization | $3,942,085 | $6,561,443 | $-1,060,260 | $-363,575 |
| Additional Paid In Capital | $503,224 | $503,225 | $503,225 | $503,225 |
| Capital Stock | $8,350,003 | $8,350,002 | $2 | $2 |
| Common Stock | $8,350,003 | $8,350,002 | $2 | $2 |
| Long Term Capital Lease Obligation | $24,489 | $124,659 | $0 | - |
| Current Deferred Revenue | $533,483 | $996,526 | $867,132 | $227,371 |
| Current Capital Lease Obligation | $100,895 | $123,539 | $0 | - |
| Dueto Related Parties Current | $1,366,738 | $1,347,019 | $1,853,263 | $1,526,557 |
| Net PPE | $142,754 | $272,391 | $1,812 | $4,425 |
| Accumulated Depreciation | $-53,309 | $-65,858 | $-57,256 | $-54,996 |
| Gross PPE | $196,063 | $338,249 | $59,068 | $59,421 |
| Other Properties | $120,238 | $234,981 | $28,083 | $28,250 |
| Machinery Furniture Equipment | $75,825 | $103,268 | $30,985 | $31,171 |
| Duefrom Related Parties Current | $1,293 | $1,286 | $1,282 | $1,283 |
| Line Of Credit | - | - | - | $0 |
Cash Flow Statement (Annual)
Free Cash Flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | $-1,569,940 | $-3,814,384 | $-352,764 | $-482,801 |
Operating Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | $-1,569,940 | $-3,814,384 | $-352,764 | $-482,801 |
| Cash Flow From Continuing Operating Activities | $-1,569,940 | $-3,814,384 | $-352,764 | $-482,801 |
Investing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Investing Cash Flow | - | - | - | $0 |
| Cash Flow From Continuing Investing Activities | - | - | - | $0 |
Financing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Issuance Of Capital Stock | $0 | $8,350,000 | $0 | $0 |
| Financing Cash Flow | $634,683 | $8,413,951 | $422,531 | $1,018,183 |
| Cash Flow From Continuing Financing Activities | $634,683 | $8,413,951 | $422,531 | $1,018,183 |
| Net Other Financing Charges | $11,823 | $-524,816 | $325,783 | $360,879 |
| Net Common Stock Issuance | $0 | $8,350,000 | $0 | $0 |
| Common Stock Issuance | $0 | $8,350,000 | $0 | $0 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repayment Of Debt | $-4,715,360 | $-1,436,277 | $-440,623 | $-1,411,310 |
| Issuance Of Debt | $5,338,220 | $2,025,044 | $537,371 | $2,068,614 |
| Interest Paid Supplemental Data | $127,173 | $59,976 | $35,377 | $13,312 |
| Income Tax Paid Supplemental Data | $0 | $0 | $0 | $0 |
| End Cash Position | $4,304,514 | $5,210,193 | $609,616 | $537,738 |
| Beginning Cash Position | $5,210,193 | $609,616 | $537,738 | $8,219 |
| Effect Of Exchange Rate Changes | $29,578 | $1,010 | $2,111 | $-5,863 |
| Changes In Cash | $-935,257 | $4,599,567 | $69,767 | $535,382 |
| Net Issuance Payments Of Debt | $622,860 | $588,767 | $96,748 | $657,304 |
| Net Long Term Debt Issuance | $622,860 | $588,767 | $96,748 | $657,304 |
| Long Term Debt Payments | $-4,715,360 | $-1,436,277 | $-440,623 | $-1,411,310 |
| Long Term Debt Issuance | $5,338,220 | $2,025,044 | $537,371 | $2,068,614 |
| Change In Working Capital | $318,400 | $-3,396,645 | $72,697 | $-240,143 |
| Change In Other Working Capital | $-466,549 | $126,764 | $637,297 | $-303,003 |
| Change In Payables And Accrued Expense | $-639,887 | $499,828 | $213,414 | $-48,789 |
| Change In Payable | $-639,887 | $499,828 | $213,414 | $-48,789 |
| Change In Account Payable | $-630,119 | $422,256 | $226,336 | $-34,441 |
| Change In Prepaid Assets | $19,175 | $-28,591 | $-142,557 | $-659 |
| Change In Receivables | $1,405,661 | $-3,994,646 | $-635,457 | $112,308 |
| Changes In Account Receivables | $-100,960 | $-3,186,027 | $-418,884 | $859,351 |
| Other Non Cash Items | $-4,413 | $1,751 | - | - |
| Provisionand Write Offof Assets | $644,995 | $220,935 | $168,817 | $108,456 |
| Depreciation Amortization Depletion | $15,037 | $8,429 | $2,603 | $3,629 |
| Depreciation And Amortization | $15,037 | $8,429 | $2,603 | $3,629 |
| Depreciation | $15,037 | $8,429 | $2,603 | $3,629 |
| Net Income From Continuing Operations | $-2,543,959 | $-648,854 | $-596,881 | $-354,743 |
| Net PPE Purchase And Sale | - | - | - | $0 |
| Purchase Of PPE | - | - | - | $0 |
| Deferred Tax | - | - | - | $0 |
| Deferred Income Tax | - | - | - | $0 |
| Gain Loss On Sale Of PPE | - | - | - | $0 |