Mingteng International Corporation
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Mingteng International Corporation's past years’ income statements indicate that its last revenue has increased compared to the previous period by 1179% to $8,158,353. The net income raised on $1,506,702 and profit margin reached 18%. Total operating expenses were $1,581,105.
Profit Margin
| 2020 | 638.06K | 284.69K | 44.62% |
|---|---|---|---|
| 2023 | 8.15M | 1.50M | 18.47% |
MTEN Income Statement (2020 – 2023)
| 2023 | 2020 | |
|---|---|---|
Revenue | ||
Revenue | 8.15M | 638.06K |
Cost of revenue | 4.83M | 261.06K |
Gross profit | 3.32M | 376.99K |
Operating exp. | ||
Research and development | 630.75K | 34.69K |
Selling and marketing | 153.21K | 63.03K |
Total operating expenses | 1.58M | 96.64K |
Operating income | 1.74M | 280.35K |
Other income (expenses), net | 108.56K | 22.89K |
Income before tax | 1.85M | 303.24K |
Income tax expense | 344.58K | 18.55K |
Net income | 1.50M | 284.69K |
Earnings per share | ||
Basic EPS | 0.3 | 0.05 |
Diluted EPS | 0.3 | 0.05 |
| Data source |