Company research
WANG & LEE GROUP, Inc.
CIK 1899658Updated Sep 24, 2026
WLGSF price & chart
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Recent filings
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Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 8,721,050Source | 11,790,806Source | 3,100,011Source | 2,419,592Source |
| Property, Plant and Equipment, NetUSD | 50,835Source | 65,565Source | 1,812Source | 4,425Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 4,304,514Source | 5,210,193Source | 609,616Source | 537,738Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,842,683Source | 3,997,467Source | 1,068,287Source | 681,449Source |
| Assets, CurrentUSD | 6,833,774Source | 11,298,237Source | 2,878,600Source | 2,264,578Source |
| Operating Lease, Right-of-Use AssetUSD | 91,919Source | 206,826Source | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 5,226,051Source | 5,781,881Source | 4,813,456Source | 3,536,026Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 8,350,003Source | 8,350,002Source | 2Source | 2Source |
| Additional Paid in CapitalUSD | 503,224Source | 503,225Source | 503,225Source | 503,225Source |
| Retained Earnings (Accumulated Deficit)USD | -5,414,635Source | -2,870,676Source | -2,221,822Source | -1,624,941Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 56,407Source | 26,374Source | 5,150Source | 5,280Source |
| Stockholders' Equity Attributable to ParentUSD | 3,494,999Source | 6,008,925Source | -1,713,445Source | -1,116,434Source |
| Liabilities and EquityUSD | 8,721,050Source | 11,790,806Source | 3,100,011Source | 2,419,592Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 4,754,476Source | 5,104,704Source | 4,160,271Source | 2,783,167Source |
| Operating Lease, Liability, CurrentUSD | 89,770Source | 113,220Source | — | — |
| Accounts Payable, CurrentUSD | 558,218Source | 1,156,523Source | 937,043Source | 694,581Source |
| Operating Lease, Liability, NoncurrentUSD | — | 89,251Source | — | — |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -28,745Source | 3,071,069Source | 413,098Source | -772,607Source |
| Increase (Decrease) in Accounts PayableUSD | -630,119Source | 422,256Source | 226,336Source | -34,441Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -1,569,940Source | -3,814,384Source | -352,764Source | -482,801Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 634,683Source | 8,413,951Source | 422,531Source | 1,018,183Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 127,173Source | 59,976Source | 35,377Source | 13,312Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 29,578Source | 1,010Source | 2,111Source | -5,863Source |
| Additional Financial Items | ||||
| DepreciationUSD | 584Source | 1,228Source | 2,603Source | 3,629Source |
| General and Administrative ExpenseUSD | 2,961,046Source | 3,211,690Source | 1,427,156Source | 1,220,619Source |
| InterestExpenseNonoperatingUSD | 129,803Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -2,543,959Source | -648,854Source | -596,881Source | -354,743Source |
| Nonoperating Income (Expense)USD | 4,916Source | 122,236Source | 44,571Source | 6,116Source |
| Operating ExpensesUSD | 2,961,046Source | 3,211,690Source | 1,427,156Source | 1,220,619Source |
| Operating Lease, ExpenseUSD | 6,485Source | — | — | — |
| Provision for Loan, Lease, and Other LossesUSD | -57,067Source | — | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 3,951,649Source | 6,825,879Source | 4,169,931Source | 4,135,059Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 3,951,649Source | 6,825,879Source | 4,169,931Source | 4,135,059Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -2,548,875Source | -771,090Source | -641,452Source | -360,859Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -2,543,959Source | -648,854Source | -596,881Source | -354,743Source |
| Net Income (Loss) Attributable to ParentUSD | -2,543,959Source | -648,854Source | -596,881Source | -354,743Source |
| Earnings Per Share, BasicUSD per share | -0.17Source | -0.04Source | -0.05Source | -0.03Source |
| Earnings Per Share, DilutedUSD per share | -0.17Source | -0.04Source | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 15,180,451Source | 14,284,276Source | 12,000,000Source | 12,000,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 15,180,451Source | 14,284,276Source | — | — |
| Interest Expense (non-operating)USD | 129,803Source | — | — | — |
| Additional Financial Items | ||||
| General and Administrative ExpenseUSD | 2,961,046Source | 3,211,690Source | 1,427,156Source | 1,220,619Source |
| Gross ProfitUSD | 412,171Source | 2,440,600Source | 785,704Source | 859,760Source |
| Interest ExpenseUSD | — | 61,564Source | 35,377Source | 13,312Source |
| Nonoperating Income (Expense)USD | 4,916Source | 122,236Source | 44,571Source | 6,116Source |
| Operating ExpensesUSD | 2,961,046Source | 3,211,690Source | 1,427,156Source | 1,220,619Source |
| Operating Lease, ExpenseUSD | 6,485Source | — | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 3,951,649Source | 6,825,879Source | 4,169,931Source | 4,135,059Source |