FGI Industries Ltd. financial data

Symbol
FGI, FGIWW on Nasdaq
Industry
Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures
Location
906 Murray Road, East Hanover, NJ
State of incorporation
Cayman Islands
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 153 % -3.09%
Quick Ratio 35.5 % -19.3%
Debt-to-equity 186 % +7.3%
Return On Equity 2.97 % -61.9%
Return On Assets 1.03 % -64%
Operating Margin 0.79 % -69%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 9.56M shares +0.67%
Common Stock, Shares, Outstanding 9.56M shares
Entity Public Float 4.41M USD -23.7%
Common Stock, Value, Issued 956 USD +0.63%
Weighted Average Number of Shares Outstanding, Basic 9.56M shares +0.68%
Weighted Average Number of Shares Outstanding, Diluted 9.7M shares +0.07%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 333K USD
Revenue from Contract with Customer, Excluding Assessed Tax 121M USD -4.48%
Cost of Revenue 86.8M USD -9.53%
Research and Development Expense 1.5M USD +21.6%
Selling and Marketing Expense 22.9M USD +26.9%
General and Administrative Expense 8.93M USD +7.79%
Operating Income (Loss) 956K USD -70.6%
Nonoperating Income (Expense) -415K USD +54.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 541K USD -76.8%
Income Tax Expense (Benefit) 308K USD -46.1%
Net Income (Loss) Attributable to Parent 700K USD -60.3%
Earnings Per Share, Basic 0.08 USD/shares -55.6%
Earnings Per Share, Diluted 0.07 USD/shares -68.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.3M USD -81.2%
Accounts Receivable, after Allowance for Credit Loss, Current 17.6M USD +22.9%
Inventory, Net 12.8M USD +30.2%
Other Assets, Current 262K USD -75.8%
Assets, Current 47.5M USD +8.34%
Deferred Income Tax Assets, Net 1.78M USD +31.6%
Property, Plant and Equipment, Net 2.9M USD +103%
Operating Lease, Right-of-Use Asset 14M USD -12.5%
Intangible Assets, Net (Excluding Goodwill) 21.3K USD
Other Assets, Noncurrent 1.74M USD -6.66%
Assets 69.9M USD +8.41%
Accounts Payable, Current 8.16M USD -65.9%
Liabilities, Current 34M USD +24.6%
Operating Lease, Liability, Noncurrent 12.5M USD -12.6%
Liabilities 46.5M USD +11.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.56M USD -13.7%
Retained Earnings (Accumulated Deficit) 4.16M USD +20.2%
Stockholders' Equity Attributable to Parent 23.8M USD +4.32%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 23.3M USD +2.27%
Liabilities and Equity 69.9M USD +8.41%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -8.29M USD -574%
Net Cash Provided by (Used in) Financing Activities 4.48M USD
Net Cash Provided by (Used in) Investing Activities -609K USD -721%
Common Stock, Shares Authorized 200M shares 0%
Common Stock, Shares, Issued 9.56M shares +0.67%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -4.46M USD -65.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.31M USD -81%
Interest Paid, Excluding Capitalized Interest, Operating Activities 214K USD -14.5%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 3.16M USD -5.52%
Operating Lease, Liability 14.3M USD -9.05%
Depreciation 321K USD +102%
Payments to Acquire Property, Plant, and Equipment 609K USD +721%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 512K USD -56.4%
Lessee, Operating Lease, Liability, to be Paid 18.2M USD -11.3%
Property, Plant and Equipment, Gross 5.96M USD +27%
Operating Lease, Liability, Current 1.73M USD +28.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.43M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 1.54M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) -428K USD -727%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.93M USD -18.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.19M USD
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -300K USD -1374%
Current Income Tax Expense (Benefit) 736K USD +46.1%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.23M USD
Operating Lease, Payments 518K USD +24.8%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 18.8K USD +278%
Current Federal Tax Expense (Benefit) 17.4K USD +209%
Amortization of Intangible Assets 498K USD +29.1%
Deferred Tax Assets, Net of Valuation Allowance 3.16M USD -5.52%
Share-based Payment Arrangement, Expense 474K USD -7.41%
Deferred State and Local Income Tax Expense (Benefit) 32.7K USD -28.3%
Interest Expense 722K USD +0.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%