Mingteng International Corporation Inc.
Key statistics
from XBRL data in SEC filingsAI briefing
from the latest 10-K, 10-Q and 8-K eventsMingteng International Corp Inc. is a Cayman Islands holding company that, through its PRC subsidiaries, designs and manufactures metal doors, sashes, frames, moldings and trim, and trades on the Nasdaq Capital Market under the ticker MTEN.
What they do
The company operates through Wuxi Mingteng Mould Technology Co., Ltd., a wholly owned PRC subsidiary, which produces metal doors, sashes, frames, moldings and trim. It is headquartered in Wuxi, Jiangsu Province, China, and serves customers primarily in the Chinese market. The company’s Class A ordinary shares are listed on Nasdaq, and it also has a Hong Kong subsidiary and a WFOE in Wuxi.
Revenue drivers
- Metal doors — Primary product line; revenue growth from $8.0M in 2022 to $11.7M in 2025.
- Sashes, frames, moldings and trim — Complementary product lines that contribute to overall revenue alongside metal doors.
- PRC construction and manufacturing demand — Demand from Chinese construction and manufacturing sectors drives sales; operations are based in Wuxi, Jiangsu.
Recent performance
Annual revenue rose from $8.2M in 2023 to $10.1M in 2024, then to $11.7M in 2025. Net income swung from $1.5M in 2023 to a loss of $5.7M in 2024, and a smaller loss of $1.8M in 2025. Operating cash flow was negative $104,082 in 2025, down from positive $294,973 in 2024. As of December 31, 2025, total assets were $31.3M, liabilities $9.2M, equity $22.1M, and cash $1.5M. Diluted EPS for 2024 was -$194.28, reflecting the company's net loss.
Strategy
The filing does not explicitly detail a forward strategy; however, the company maintains a corporate structure with a Cayman holding company, Hong Kong subsidiary, and PRC WFOE, indicating a focus on cross-border operations. The reverse share split effective January 26, 2026 suggests an effort to adjust share price levels. Management did not provide specific strategic initiatives in the provided excerpts.
Risks
- Net losses — The company reported net losses in 2024 and 2025, with a negative operating cash flow in 2025.
- Cash position — Cash and equivalents at $1.5M may limit liquidity for operations or investments.
- China-dependent operations — All manufacturing is in China, exposing the company to PRC economic, regulatory, and geopolitical risks.
- Reverse share split — The 1-for-200 reverse split effective January 2026 could affect share liquidity and investor perception.
Outlook
Management did not provide specific forward-looking guidance in the provided excerpts. The company continues to generate revenue growth despite recent losses, and its ability to improve profitability remains uncertain. The reverse share split suggests a focus on compliance with listing requirements.