Wang & Lee Group, Inc. Ordinary Shares
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 comp… Read more
Wang & Lee Group, Inc. Ordinary Shares (WLGS) - Net Assets
Latest net assets as of March 2025: $3.49 Million USD
Based on the latest financial reports, Wang & Lee Group, Inc. Ordinary Shares (WLGS) has net assets worth $3.49 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.72 Million) and total liabilities ($5.23 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.49 Million |
| % of Total Assets | 40.08% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Wang & Lee Group, Inc. Ordinary Shares - Net Assets Trend (2019–2024)
This chart illustrates how Wang & Lee Group, Inc. Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wang & Lee Group, Inc. Ordinary Shares (2019–2024)
The table below shows the annual net assets of Wang & Lee Group, Inc. Ordinary Shares from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.49 Million | -41.84% |
| 2023-12-31 | $6.01 Million | +450.69% |
| 2022-12-31 | $-1.71 Million | -53.47% |
| 2021-12-31 | $-1.12 Million | -45.80% |
| 2020-12-31 | $-765.74K | +26.32% |
| 2019-12-31 | $-1.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wang & Lee Group, Inc. Ordinary Shares's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 386641900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.35 Million | 238.91% |
| Other Comprehensive Income | $56.41K | 1.61% |
| Other Components | $503.22K | 14.40% |
| Total Equity | $3.49 Million | 100.00% |
Wang & Lee Group, Inc. Ordinary Shares Competitors by Market Cap
The table below lists competitors of Wang & Lee Group, Inc. Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ELCORA ADVANCED MAT.CORP.
F:ELM
|
$416.50K |
|
VIASAT - Dusseldorf Stock Exchang
DU:VS1
|
$416.61K |
|
Sunshine Biopharma Inc. Warrant
NASDAQ:SBFMW
|
$417.32K |
|
WORTHINGTON IND
BE:WTH
|
$417.70K |
|
Clinomics Inc
KQ:352770
|
$416.24K |
|
PT SLJ Global Tbk
MU:LF9
|
$415.43K |
|
E1DI34
SA:E1DI34
|
$414.99K |
|
Limestone Boat Company Ltd
V:BOAT
|
$414.49K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wang & Lee Group, Inc. Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,008,925 to 3,494,999, a change of -2,513,926 (-41.8%).
- Net loss of 2,543,959 reduced equity.
- Other comprehensive income increased equity by 30,033.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.54 Million | -72.79% |
| Other Comprehensive Income | $30.03K | +0.86% |
| Total Change | $- | -41.84% |
Book Value vs Market Value Analysis
This analysis compares Wang & Lee Group, Inc. Ordinary Shares's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.38x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-0.04 | $0.04 | x |
| 2020-12-31 | $-0.03 | $0.04 | x |
| 2021-12-31 | $-0.04 | $0.04 | x |
| 2022-12-31 | $-0.06 | $0.04 | x |
| 2023-12-31 | $0.20 | $0.04 | x |
| 2024-12-31 | $0.12 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wang & Lee Group, Inc. Ordinary Shares utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -72.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -64.38%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.50x
- Recent ROE (-72.79%) is below the historical average (-13.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 1.51% | 2.02x | 0.00x | $174.43K |
| 2020 | 0.00% | 6.82% | 1.92x | 0.00x | $354.59K |
| 2021 | 0.00% | -8.58% | 1.71x | 0.00x | $-243.10K |
| 2022 | 0.00% | -14.31% | 1.35x | 0.00x | $-425.54K |
| 2023 | -10.80% | -9.51% | 0.58x | 1.96x | $-1.25 Million |
| 2024 | -72.79% | -64.38% | 0.45x | 2.50x | $-2.89 Million |
Industry Comparison
This section compares Wang & Lee Group, Inc. Ordinary Shares's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,646,543,800
- Average return on equity (ROE) among peers: 16.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wang & Lee Group, Inc. Ordinary Shares (WLGS) | $3.49 Million | 0.00% | 1.50x | $416.49K |
| Arcosa Inc (ACA) | $2.43 Billion | 3.86% | 1.02x | $5.06 Billion |
| Aecom Technology Corporation (ACM) | $-181.00 Million | 0.00% | 0.00x | $11.42 Billion |
| ACS Actividades de Construcción y Servicios S.A (ACSAF) | $4.44 Billion | 29.55% | 6.70x | $8.35 Billion |
| Acciona S.A (ACXIF) | $6.30 Billion | 7.00% | 2.58x | $3.04 Billion |
| Aecon Group Inc (AEGXF) | $153.60 Million | 7.49% | 3.66x | $737.44 Million |
| ÅF Pöyry AB (publ) (AFXXF) | $551.78 Million | 41.72% | 1.52x | $1.66 Billion |
| Abengoa S.A (AGOAF) | $797.49 Million | 15.10% | 9.17x | $1.82 Million |
| AF Gruppen ASA (AGRUF) | $1.95 Billion | 35.44% | 2.36x | $547.02 Million |
| Argan Inc (AGX) | $3.70 Million | 24.32% | 1.27x | $6.30 Billion |
| Amelco Corporation (AMLC) | $15.28 Million | 4.60% | 1.62x | $2.84 |