LUDNYSESteel Pipe & Tubes

Luda Technology Group Ltd

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on May 15, 2026

$3.79−0.03 (-0.79%)

Close on Oct 19, 2026

Market cap: –
P/E (TTM): 126.3
Dividend yield: –

Luda Technology Group Ltd balance sheet

Annual Quarterly

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash & Equivalents	4.52	8.13	8.08	4.28	5.61
Cash & Short-Term Investments	4.52	8.13	8.08	4.28	5.61
Receivables	13	13	17	–	–
Inventory	4.70	4.87	5.58	–	–
Prepaid Expenses & Other	0.44	0.48	0.42	–	–
Other Current Assets	0.22	–	–	–	–
Total Current Assets	40	32	40	–	–
Property, Plant & Equipment	4.98	5.12	4.66	–	–
Gross Property, Plant & Equipment	10	9.68	8.95	–	–
Accumulated Depreciation	-5.18	-4.55	-4.29	–	–
Operating Lease Right-of-Use Assets	0.48	–	–	–	–
Intangible Assets	0.71	0.70	0.74	–	–
Deferred Tax Assets	0.62	0.55	0.56	–	–
Total Assets	49	39	47	–	–
Accounts Payable	11	8.67	12	–	–
Short-Term Debt	11	12	11	–	–
Current Debt	11	12	11	–	–
Current Portion of Leases	0.29	–	–	–	–
Current Income Taxes Payable	0.00	0.00	0.00	–	–
Deferred Revenue (Current)	0.13	0.22	0.23	–	–
Total Current Liabilities	25	26	29	–	–
Long-Term Leases	0.23	–	–	–	–
Operating Lease Liabilities	0.53	–	–	–	–
Deferred Tax Liabilities	0.37	0.18	0.44	–	–
Total Liabilities	27	27	30	–	–
Total Debt	11	12	11	–	–
Common Stock	0.73	0.64	0.64	–	–
Additional Paid-In Capital	8.30	–	–	–	–
Retained Earnings	12	11	15	–	–
Comprehensive Income & Other	-1.00	-1.60	-1.26	–	–
Shareholders' Equity	22	13	17	15	13
Total Equity	22	13	17	15	13
Total Liabilities & Equity	49	39	47	–	–
Shares Outstanding(shares)	23	20	20	–	–
Allowance for Credit Losses	0.01	0.00	0.02	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 17.7%
Operating margin: -3.2%
Net margin: 1.7%
Return on equity, FY2025: 3.2%

Financial strength

Current ratio: 1.63
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 18.4%

Valuation

P/E ratio: 126.3
Price to sales: –
Price to book: –
Dividend yield: –