WANG & LEE GROUP, Inc.

WANG & LEE GROUP, Inc.verified

WLGS

Price:

$2.75

Market Cap:

$41.51M

WANG & LEE GROUP, Inc. operates as a construction contractor in Hong Kong and Mainland. The company engages in the contract engineering, installation, and out-fitting of electrical systems, mechanical ventilation and air-conditioning systems, fire safety systems, and water supply and sewage disposal systems for the public and private sectors. Its clients range from small startups to large companies. The company serves hospitals, schools and educational institute, hotels, residential development, commercial building, shopping arcade, HKSAR, public utilities, theme park, and data centers. WANG & LEE GROUP, Inc. was founded in 1981 and is based in Kwun Tong, Hong Kong. WANG & LEE GROUP, Inc. op...[Read more]

Industry

Engineering & Construction

IPO Date

2023-04-20

Stock Exchange

NASDAQ

Ticker

WLGS

The Current Ratio as of November 2024 (TTM) for WANG & LEE GROUP, Inc. (WLGS) is 2.21

According to WANG & LEE GROUP, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.21. This represents a change of 54.71% compared to the average of 1.43 of the last 4 quarters.

WANG & LEE GROUP, Inc. (WLGS) Historical Current Ratio (quarterly & annually)

How has WLGS Current Ratio performed in the past?

The mean historical Current Ratio of WANG & LEE GROUP, Inc. over the last ten years is 1.01. The current 2.21 Current Ratio has changed 21.78% with respect to the historical average. Over the past ten years (40 quarters), WLGS's Current Ratio was at its highest in in the December 2023 quarter at 2.21. The Current Ratio was at its lowest in in the June 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

1.01

Median

0.69

Minimum

0.65

Maximum

2.21

WANG & LEE GROUP, Inc. (WLGS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of WANG & LEE GROUP, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 219.88%

Maximum Annual Current Ratio = 2.21

Minimum Annual Increase = -14.96%

Minimum Annual Current Ratio = 0.65

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.21219.88%
20220.69-14.96%
20210.8117.88%
20200.696.41%

WANG & LEE GROUP, Inc. (WLGS) Average Current Ratio

How has WLGS Current Ratio performed in the past?

The current Current Ratio of WANG & LEE GROUP, Inc. (WLGS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.24

5-year avg

1.01

10-year avg

1.01

WANG & LEE GROUP, Inc. (WLGS) Current Ratio vs. Peers

How is WLGS’s Current Ratio compared to its peers?

WANG & LEE GROUP, Inc.’s Current Ratio is

CompanyCurrent RatioMarket cap

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Frequently asked questions❓

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