Wang & Lee Group, Inc. Ordinary Shares

NASDAQ:WLGS USA Engineering & Construction
Market Cap
$1.40 Million
Market Cap Rank
#37844 Global
#12331 in USA
Share Price
$0.04
Change (1 day)
-5.58%
52-Week Range
$0.03 - $5.48
All Time High
$8.64
About

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) - Total Assets

Latest total assets as of March 2025: $8.72 Million USD

Based on the latest financial reports, Wang & Lee Group, Inc. Ordinary Shares (WLGS) holds total assets worth $8.72 Million USD as of March 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Wang & Lee Group, Inc. Ordinary Shares - Total Assets Trend (2019–2024)

This chart illustrates how Wang & Lee Group, Inc. Ordinary Shares’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Wang & Lee Group, Inc. Ordinary Shares - Asset Composition Analysis

Current Asset Composition (December 2024)

Wang & Lee Group, Inc. Ordinary Shares's total assets of $8.72 Million consist of 78.4% current assets and 21.6% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 49.4%
Accounts Receivable $2.36 Million 27.0%
Inventory $0.00 0.0%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $0.00 0.0%
Goodwill $0.00 0.0%

Asset Composition Trend (2019–2024)

This chart illustrates how Wang & Lee Group, Inc. Ordinary Shares's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Wang & Lee Group, Inc. Ordinary Shares's current assets represent 78.4% of total assets in 2024, a decrease from 94.1% in 2019.
  • Cash Position: Cash and equivalents constituted 49.4% of total assets in 2024, up from 0.3% in 2019.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
  • Asset Diversification: The largest asset category is accounts receivable at 27.0% of total assets.

Wang & Lee Group, Inc. Ordinary Shares Competitors by Total Assets

Key competitors of Wang & Lee Group, Inc. Ordinary Shares based on total assets are shown below.

Wang & Lee Group, Inc. Ordinary Shares - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.45 - 2.02

Moderate asset utilization - Wang & Lee Group, Inc. Ordinary Shares generates 0.45x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -29.17% - 13.11%

Negative ROA - Wang & Lee Group, Inc. Ordinary Shares is currently not profitable relative to its asset base.

Wang & Lee Group, Inc. Ordinary Shares - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 1.44 2.21 0.69
Quick Ratio 1.44 2.18 0.69
Cash Ratio 0.00 0.00 0.00
Working Capital $2.08 Million $ 6.19 Million $ -893.50K

Wang & Lee Group, Inc. Ordinary Shares - Advanced Valuation Insights

This section examines the relationship between Wang & Lee Group, Inc. Ordinary Shares's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 0.00
Latest Market Cap to Assets Ratio 0.05
Asset Growth Rate (YoY) -26.0%
Total Assets $8.72 Million
Market Capitalization $416.49K USD

Valuation Analysis

Below Book Valuation: The market values Wang & Lee Group, Inc. Ordinary Shares's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Wang & Lee Group, Inc. Ordinary Shares's assets decreased by 26.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Wang & Lee Group, Inc. Ordinary Shares (2019–2024)

The table below shows the annual total assets of Wang & Lee Group, Inc. Ordinary Shares from 2019 to 2024.

Year Total Assets Change
2024-12-31 $8.72 Million -26.04%
2023-12-31 $11.79 Million +280.35%
2022-12-31 $3.10 Million +28.12%
2021-12-31 $2.42 Million +14.06%
2020-12-31 $2.12 Million -8.15%
2019-12-31 $2.31 Million --