WANG & LEE GROUP, Inc.: 20-F filed 2025-05-15
What WANG & LEE GROUP, Inc. reported in its annual report (foreign private issuer) filed 2025-05-15 (fiscal FY 2024): 39 published measures, 103 facts as tagged in accession 0001641172-25-010670.
This filing
- Form
- 20-F (annual report (foreign private issuer))
- Filed
- 2025-05-15
- Fiscal period
- fiscal FY 2024
- Accession
- 0001641172-25-010670 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All WANG & LEE GROUP, Inc. filings.
Reported measures
Total assets
Resources recognized on the balance sheet. Book assets are not the market value of the business.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 8,721,050 | USD | |
| At 2023-12-31 | 11,790,806 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 5,226,051 | USD | |
| At 2023-12-31 | 5,781,881 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 3,494,999 | USD | |
| At 2023-12-31 | 6,008,925 | USD | |
| At 2022-12-31 | -1,713,445 | USD | |
| At 2021-12-31 | -1,116,434 | USD |
Cash and cash equivalents
Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 4,304,514 | USD | |
| At 2023-12-31 | 5,210,193 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | -2,543,959 | USD | 366 |
| 2023-01-01 to 2023-12-31 | -648,854 | USD | 365 |
| 2022-01-01 to 2022-12-31 | -596,881 | USD | 365 |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | -1,569,940 | USD | 366 |
| 2023-01-01 to 2023-12-31 | -3,814,384 | USD | 365 |
| 2022-01-01 to 2022-12-31 | -352,764 | USD | 365 |
Contract revenue excluding tax
Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | 3,951,649 | USD | 366 |
| 2023-01-01 to 2023-12-31 | 6,825,879 | USD | 365 |
| 2022-01-01 to 2022-12-31 | 4,169,931 | USD | 365 |
Financing cash flow
Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | 634,683 | USD | 366 |
| 2023-01-01 to 2023-12-31 | 8,413,951 | USD | 365 |
| 2022-01-01 to 2022-12-31 | 422,531 | USD | 365 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | -5,414,635 | USD | |
| At 2023-12-31 | -2,870,676 | USD |
Basic weighted-average shares
Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | 15,180,451 | shares | 366 |
| 2023-01-01 to 2023-12-31 | 14,284,276 | shares | 365 |
| 2022-01-01 to 2022-12-31 | 12,000,000 | shares | 365 |
Diluted weighted-average shares
Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | 15,180,451 | shares | 366 |
| 2023-01-01 to 2023-12-31 | 14,284,276 | shares | 365 |
| 2022-01-01 to 2022-12-31 | 12,000,000 | shares | 365 |
Basic earnings per share
Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | -0.17 | USD/shares | 366 |
| 2023-01-01 to 2023-12-31 | -0.04 | USD/shares | 365 |
| 2022-01-01 to 2022-12-31 | -0.05 | USD/shares | 365 |
Diluted earnings per share
Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | -0.17 | USD/shares | 366 |
| 2023-01-01 to 2023-12-31 | -0.04 | USD/shares | 365 |
| 2022-01-01 to 2022-12-31 | -0.05 | USD/shares | 365 |
Net property, plant and equipment
Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 50,835 | USD | |
| At 2023-12-31 | 65,565 | USD |
Operating income or loss
Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | -2,548,875 | USD | 366 |
| 2023-01-01 to 2023-12-31 | -771,090 | USD | 365 |
| 2022-01-01 to 2022-12-31 | -641,452 | USD | 365 |
Current assets
Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 6,833,774 | USD | |
| At 2023-12-31 | 11,298,237 | USD |
Current liabilities
Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 4,754,476 | USD | |
| At 2023-12-31 | 5,104,704 | USD |
Current accounts payable
Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 558,218 | USD | |
| At 2023-12-31 | 1,156,523 | USD |
Net current accounts receivable
Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 1,842,683 | USD | |
| At 2023-12-31 | 3,997,467 | USD |
Operating expenses
Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | 2,961,046 | USD | 366 |
| 2023-01-01 to 2023-12-31 | 3,211,690 | USD | 365 |
| 2022-01-01 to 2022-12-31 | 1,427,156 | USD | 365 |
Gross profit
Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | 412,171 | USD | 366 |
| 2023-01-01 to 2023-12-31 | 2,440,600 | USD | 365 |
| 2022-01-01 to 2022-12-31 | 785,704 | USD | 365 |
Cost of revenue
Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | 3,539,478 | USD | 366 |
| 2023-01-01 to 2023-12-31 | 4,385,279 | USD | 365 |
| 2022-01-01 to 2022-12-31 | 3,384,227 | USD | 365 |
Common shares outstanding
Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 17,357,924 | shares | |
| At 2023-12-31 | 15,093,847 | shares | |
| At 2023-03-20 | 1,400,000 | shares |
Additional paid-in capital
Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 503,224 | USD | |
| At 2023-12-31 | 503,225 | USD |
Accumulated other comprehensive income or loss
Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 56,407 | USD | |
| At 2023-12-31 | 26,374 | USD |
Operating lease right-of-use asset
Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 91,919 | USD | |
| At 2023-12-31 | 206,826 | USD |
Operating lease liability
Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 89,770 | USD | |
| At 2023-12-31 | 202,471 | USD |
Gross property, plant and equipment
Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 104,144 | USD | |
| At 2023-12-31 | 131,423 | USD |
Accumulated depreciation on property, plant and equipment
Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 53,309 | USD | |
| At 2023-12-31 | 65,858 | USD |
Current contract liabilities
Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2024-12-31 | 533,483 | USD | |
| At 2023-12-31 | 996,526 | USD | |
| At 2022-12-31 | 867,132 | USD |
Pre-tax income or loss from continuing operations
Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | -2,543,959 | USD | 366 |
| 2023-01-01 to 2023-12-31 | -648,854 | USD | 365 |
| 2022-01-01 to 2022-12-31 | -596,881 | USD | 365 |
Comprehensive income or loss
Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | -2,513,926 | USD | 366 |
| 2023-01-01 to 2023-12-31 | -627,630 | USD | 365 |
| 2022-01-01 to 2022-12-31 | -597,011 | USD | 365 |
General and administrative expense
General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | 2,961,046 | USD | 366 |
| 2023-01-01 to 2023-12-31 | 3,211,690 | USD | 365 |
| 2022-01-01 to 2022-12-31 | 1,427,156 | USD | 365 |
Depreciation expense
Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | 584 | USD | 366 |
| 2023-01-01 to 2023-12-31 | 1,228 | USD | 365 |
| 2022-01-01 to 2022-12-31 | 2,603 | USD | 365 |
Nonoperating interest expense
Interest expense presented outside operating results. It differs from total interest expense when some borrowing cost is classified as operating or capitalized.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | 129,803 | USD | 366 |
| 2023-01-01 to 2023-12-31 | 61,564 | USD | 365 |
| 2022-01-01 to 2022-12-31 | 35,377 | USD | 365 |
Nonoperating income or expense
Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | 4,916 | USD | 366 |
| 2023-01-01 to 2023-12-31 | 122,236 | USD | 365 |
| 2022-01-01 to 2022-12-31 | 44,571 | USD | 365 |
Interest paid, net
Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | 127,173 | USD | 366 |
| 2023-01-01 to 2023-12-31 | 59,976 | USD | 365 |
| 2022-01-01 to 2022-12-31 | 35,377 | USD | 365 |
Change in accounts receivable
The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | -28,745 | USD | 366 |
| 2023-01-01 to 2023-12-31 | 3,071,069 | USD | 365 |
| 2022-01-01 to 2022-12-31 | 413,098 | USD | 365 |
Change in accounts payable
The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2024-01-01 to 2024-12-31 | -630,119 | USD | 366 |
| 2023-01-01 to 2023-12-31 | 422,256 | USD | 365 |
| 2022-01-01 to 2022-12-31 | 226,336 | USD | 365 |
Inspect the source
- Entity
- WANG & LEE GROUP, Inc. / CIK 0001899658
- Captured
- 2026-09-21T17:34:02.092Z
- SEC response SHA-256
1c70f0f8ac43e0cdad2d1ba1dd0050ac1fcf98a58d030c924b21897c21403767
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.
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Use this in research
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Read the published dataset with Python
import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0001899658.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
print(concept["tag"], next(iter(concept["observations"])))