WLGSF (WANG & LEE Group) Net Income: $-2.54 Mil (TTM As of Dec. 2024)

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What is WANG & LEE Group Net Income?

WANG & LEE Group WLGSF Net Income is $-2.54 Mil as of Dec. 2024.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. WANG & LEE Group's Net Income for the six months ended in Dec. 2024 was $-1.82 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $-2.54 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. WANG & LEE Group's Earnings per Share (Diluted) for the six months ended in Dec. 2024 was $-29.84.


WANG & LEE Group  (OTCPK:WLGSF) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

WANG & LEE Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


WANG & LEE Group Net Income Related Terms


WANG & LEE Group Net Income Historical Data

* Premium members only.

The historical data trend for WANG & LEE Group's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

WANG & LEE Group Net Income Chart

WANG & LEE Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Net Income
0.28 -0.36 -0.60 -0.65 -2.54

WANG & LEE Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Net Income Get a 7-Day Free Trial Premium Member Only -0.36 -1.62 0.98 -0.72 -1.82

WANG & LEE Group Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

WANG & LEE Group's Net Income for the fiscal year that ended in Dec. 2024 is calculated as

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2.544+0+0+0
=-2.54

WANG & LEE Group's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.82+0+0+0
=-1.82

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-2.54 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $-2.54 Mil mean?
WANG & LEE Group (WLGSF) has a Net Income of $-2.54 Mil as of Dec. 2024. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on WANG & LEE Group and its competitors.
Is WANG & LEE Group's Net Income too high?
WANG & LEE Group's current Net Income is $-2.54 Mil.
How does WANG & LEE Group's Net Income compare to PWR and FIX?
WANG & LEE Group's Net Income of $-2.54 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Construction company?
A good Net Income depends on the Construction industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on WANG & LEE Group and its competitors. WANG & LEE Group's current Net Income is $-2.54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WANG & LEE Group stock overvalued right now?
WANG & LEE Group (WLGSF) has a current Net Income of $-2.54 Mil. The current Net Income is $-2.54 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For WANG & LEE Group (WLGSF), the current Net Income is $-2.54 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

WANG & LEE Group Business Description

Address 3 Tai Yip Street, 5th & 6th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG
WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED. WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, water supply and sewage disposal systems, and site project management.