Company research
Luda Technology Group Ltd
CIK 1984124Updated Oct 14, 2026
SecurityLUD · NYSE_AMERICAN · equity
LUD price & chart
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AMEX:LUD on TradingView ↗About the company
Luda Technology Group Limited is a manufacturer and trader of stainless steel and carbon steel flanges and fittings products. The Company’s history began with Luda Development Limited, incorporated in Hong Kong in 2004 and principally engaged in trading steel flanges and fittings. The Company also trades steel pipes, valves, and other steel tubing products and serves customers in China and international markets.
In the news
Luda Technology Group Limited Signed MOU to Acquire 55% Shares in Asia AI Data Centre & Quantum Technology Company Limited, Marking Strategic Entry into Data Centre and AI Computing Infrastructure Industry ↗
SEC disclosures
Luda Technology Group Ltd IPO declared effective by SEC ↗
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 49,125,097Source | 39,305,825Source | 46,697,118Source |
| Property, Plant and Equipment, NetUSD | 4,980,105Source | 5,124,432Source | 4,658,067Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 711,156Source | 701,154Source | 741,233Source |
| Current assets: | |||
| Cash and Cash Equivalents, at Carrying ValueUSD | 4,516,669Source | 8,132,655Source | 8,082,691Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 13,483,520Source | 13,165,058Source | 16,598,011Source |
| Inventory, NetUSD | 4,704,386Source | 4,868,035Source | 5,577,369Source |
| Assets, CurrentUSD | 39,993,263Source | 31,853,187Source | 39,512,095Source |
| Prepaid Expense and Other Assets, CurrentUSD | 437,971Source | 479,613Source | 416,156Source |
| Operating Lease, Right-of-Use AssetUSD | 483,431Source | — | — |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 26,917,376Source | 26,642,285Source | 29,950,119Source |
| Stockholders’ equity: | |||
| Common Stock, Value, IssuedUSD | 727,244Source | 641,026Source | 641,026Source |
| Retained Earnings (Accumulated Deficit)USD | 11,816,891Source | 11,372,477Source | 15,243,465Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -997,219Source | -1,603,140Source | -1,258,261Source |
| Stockholders' Equity Attributable to ParentUSD | 22,207,721Source | 12,663,540Source | 16,746,999Source |
| Additional Paid in Capital, Common StockUSD | 8,295,213Source | — | — |
| Liabilities and EquityUSD | 49,125,097Source | 39,305,825Source | 46,697,118Source |
| Current liabilities: | |||
| Liabilities, CurrentUSD | 24,536,415Source | 25,851,379Source | 28,748,530Source |
| Operating Lease, Liability, CurrentUSD | 293,803Source | — | — |
| Accounts Payable, CurrentUSD | 10,567,115Source | 8,673,801Source | 12,076,793Source |
| Operating Lease, Liability, NoncurrentUSD | 234,843Source | — | — |
| Deferred Income Tax Liabilities, NetUSD | 372,942Source | 176,430Source | 437,655Source |
| Additional Financial Items | |||
| Deferred Tax Liabilities, NetUSD | — | 23,050Source | 295,896Source |
| Long-term DebtUSD | 1,773,176Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | — | — | — |
| Changes in operating assets and liabilities: | |||
| Increase (Decrease) in Accounts ReceivableUSD | -306,867Source | -2,959,961Source | 1,017,999Source |
| Increase (Decrease) in InventoriesUSD | -803,486Source | -1,158,627Source | 1,636,282Source |
| Deferred Income Tax Expense (Benefit)USD | 145,937Source | -265,469Source | -186,300Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -1,708,680Source | 5,457,591Source | 3,332,852Source |
| Cash flows from investing activities: | |||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -11,033,445Source | -2,821,353Source | -1,759,266Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 458,221Source | 1,078,271Source | 1,758,567Source |
| Cash flows from financing activities: | |||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 8,821,775Source | -2,585,153Source | 2,707,362Source |
| Dividends paid | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -3,561,248Source | -62,754Source | 4,115,784Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 4,771,924Source | 8,333,172Source | 8,395,926Source |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 473,435Source | 530,185Source | 455,457Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | -113,839Source | -165,164Source |
| Additional Financial Items | |||
| AmortizationUSD | 20,139Source | 20,116Source | 20,442Source |
| DepreciationUSD | 581,723Source | 460,494Source | 449,678Source |
| Gain (Loss) on Sale of InvestmentsUSD | — | 398,654Source | 1,359Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 38,286Source | 9,962Source | -13,926Source |
| Gain (Loss) on Extinguishment of DebtUSD | 564,918Source | — | — |
| General and Administrative ExpenseUSD | 3,720,646Source | 3,222,959Source | 2,950,188Source |
| Income Tax Expense (Benefit)USD | 434,395Source | 264,221Source | 446,899Source |
| InterestExpenseNonoperatingUSD | 520,916Source | 556,156Source | 406,692Source |
| Inventory Write-downUSD | 303,834Source | 210,377Source | 231,715Source |
| Net Income (Loss) Attributable to ParentUSD | 556,829Source | -361,016Source | 3,032,577Source |
| Nonoperating Income (Expense)USD | 2,050,301Source | -552,703Source | -391,464Source |
| Operating ExpensesUSD | 6,978,890Source | 10,949,315Source | 7,024,037Source |
| Operating Lease, ExpenseUSD | 147,521Source | 81,538Source | 80,385Source |
| Other Nonoperating Income (Expense)USD | 2,571,217Source | 3,453Source | 15,228Source |
| Realized Investment Gains (Losses)USD | 692,399Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 33,535,351Source | 44,863,430Source | 51,428,054Source |
| Unrealized Gain (Loss) on InvestmentsUSD | 939,352Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total RevenueUSD | 33,535,351Source | 44,863,430Source | 51,428,054Source |
| Cost of Goods and Services Sold | — | — | — |
| Operating Income (Loss)USD | -1,059,077Source | 455,908Source | 3,870,940Source |
| Other Nonoperating Income (Expense)USD | 2,571,217Source | 3,453Source | 15,228Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 991,224Source | -96,795Source | 3,479,476Source |
| Income Tax Expense (Benefit)USD | 434,395Source | 264,221Source | 446,899Source |
| Net Income (Loss) Attributable to ParentUSD | 556,829Source | -361,016Source | 3,032,577Source |
| Earnings Per Share, BasicUSD per share | 0.03Source | -0.02Source | 0.15Source |
| Earnings Per Share, DilutedUSD per share | 0.03Source | -0.02Source | 0.15Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 22,242,767Source | 20,000,000Source | 20,000,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 22,242,767Source | 20,000,000Source | 20,000,000Source |
| Interest Expense (non-operating)USD | 520,916Source | 556,156Source | 406,692Source |
| Additional Financial Items | |||
| Current Income Tax Expense (Benefit)USD | 239,195Source | 190,100Source | 512,086Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | 137,983Source | 99,713Source |
| General and Administrative ExpenseUSD | 3,720,646Source | 3,222,959Source | 2,950,188Source |
| Gross ProfitUSD | 5,919,813Source | 11,405,223Source | 10,894,977Source |
| Interest Expense, DebtUSD | 474,959Source | 530,185Source | 455,457Source |
| Nonoperating Income (Expense)USD | 2,050,301Source | -552,703Source | -391,464Source |
| Operating ExpensesUSD | 6,978,890Source | 10,949,315Source | 7,024,037Source |
| Operating Lease, ExpenseUSD | 147,521Source | 81,538Source | 80,385Source |
| Other ExpensesUSD | 220,541Source | 184,322Source | 133,340Source |
| Realized Investment Gains (Losses)USD | 692,399Source | — | — |
| Research and Development ExpenseUSD | 1,452,052Source | 1,383,605Source | 1,364,473Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 33,535,351Source | 44,863,430Source | 51,428,054Source |
| Selling and Marketing ExpenseUSD | 1,806,192Source | 6,342,751Source | 2,709,376Source |
| Selling ExpenseUSD | 1,806,192Source | 6,342,751Source | 2,709,376Source |
Offerings
Registration 333-298441
Filing attachments
ea030833401ex99-1.htm · 6-K · 2026-10-13
Exhibit 99.1 Luda Technology Group Signed Non-Binding MOU to Evaluate Proposed Acquisition of mining rights in the Jonsh Tolgoi Fluorspar Project in Mongolia Hong Kong, Oct. 13, 2026 (GLOBE NEWSWIRE) --Luda Technology Group Limited (NYSE American: LUD) (the “Company” or “Luda Technology”), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, today announced that it has entered into a non-binding, non-exclusive memorandum of understanding (the “MOU”) with…
Read attachment ↗ea030477601ex99-1.htm · 6-K · 2026-09-08
Exhibit 99.1 Luda Technology Group Limited Implements AI-Enabled Multi-Agent Inquiry and Quotation System to Accelerate Order Processing Hong Kong, Sept. 08, 2026 (GLOBE NEWSWIRE) - Luda Technology Group Limited (NYSE American: LUD) (the “Company” or “Luda Technology”), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, today announced the implementation of an AI-enabled inquiry and quotation system, advancing the Company’s digital transformation init…
Read attachment ↗ea030420301ex99-1.htm · 6-K · 2026-09-02
Exhibit 99.1 Luda Technology Group Subsidiary Secures One-Year Steel Products Sales Contract with Contract Value of approximately $17.8 Million Hong Kong, Sept. 02, 2026 (GLOBE NEWSWIRE) - Luda Technology Group Limited (NYSE American: LUD) (the “Company” or “Luda Technology”), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced its subsidiary, Shenzhen Mayi Supply Chain Limited (“Shenzhen Mayi”), has entered into a one-year sales contract wit…
Read attachment ↗ea029964101ex99-1.htm · 6-K · 2026-07-31
Exhibit 99.1 Luda Technology Group Limited has signed a sales blanket agreement worth about RMB1.6 billion to supply pipeline fittings for the Yulong Island Refining and Chemical Integration Project (Phase one). Hong Kong, July 31, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (the “Company” or “Luda Technology”) (NYSE: LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced today that the Company has signed a sales blanket agreemen…
Read attachment ↗ea029823401ex99-1.htm · 6-K · 2026-07-17
Exhibit 99.1 Luda Technology Group Limited Appoints Dyna Segmen Ltd. as Authorized Agent in Kazakhstan to Support Future Data Centre and Pipeline Opportunities Hong Kong, July 17, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (the “Company” or “Luda Technology”) (NYSE: LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced today the appointment of Dyna Segmen Ltd. (“Dyna Segmen”) as its authorized non-exclusive agent in Kazakhstan.…
Read attachment ↗ea029512301ex99-1.htm · 6-K · 2026-06-18
Exhibit 99.1 Luda Technology Group Limited Signed MOU to Acquire 55% Shares in Asia AI Data Centre & Quantum Technology Company Limited, Marking Strategic Entry into Data Centre and AI Computing Infrastructure Industry Hong Kong, June 18, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (the “Company” or “Luda Technology”), (NYSE: LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced today that the Company signed a memorandum of unde…
Read attachment ↗