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NYSE · Materials

Luda Technology Group Ltd (LUD)

As-reported financials and SEC filings for Luda Technology Group Ltd. The latest annual period is FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Luda Technology Group Ltd

Luda Technology Group Ltd operates primarily in mainland China and Hong Kong through its subsidiaries. The company conducts its business activities mainly in Renminbi and Hong Kong dollars. Specific details about its products or services are not provided in the excerpt.

Snapshot

Revenue
$33.5M
Revenue growth (YoY)
-25.3%
Net income
$556,829
Diluted EPS
$0.03
Gross margin
17.7%
Operating margin
-3.2%
Net margin
1.7%
FCF margin
-6.5%
ROE
2.5%
net income / fiscal-year-end equity
P/E
143.3×
trailing when available, otherwise FY EPS
Market cap
$97.6M
Long-term debt / equity
0.08×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Luda Technology Group

  • Revenue fell 25.3% to $34M in FY2025, after a 12.8% decline the year before.
  • Operating margin is now a 3.2% loss in FY2025, from 7.7% in FY2022.
  • Free cash flow was negative $2M in FY2025.
  • Net income turned positive at $556829 in FY2025, from a $361016 loss in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Luda Technology Group’s fundamentals sit among the 241 Materials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin17.7%
26th percentile of 191
Operating margin-3.2%
27th percentile of 189
Net margin1.7%
46th percentile of 221
FCF margin-6.5%
13th percentile of 205
Revenue growth (YoY)-25.3%
5th percentile of 236
ROE2.5%
47th percentile of 216
P/E143.3×
96th percentile of 134
Long-term debt / equity0.08×
12th percentile of 165
Short interest1.26d
16th percentile of 238

Luda Technology Group’s P/E of 143.3 ranks in the 96th percentile of the 134 peers with a meaningful P/E. Luda Technology Group’s revenue growth of -25.3% ranks in the 5th percentile of the 236 Materials companies reporting it. Luda Technology Group’s long-term debt to equity of 0.08 ranks in the 12th percentile of the 165 Materials companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
14.6K
settled 2026-08-14
Change vs prior
+72.0%
vs previous settlement
Days to cover
1.26
at avg daily volume
Avg daily volume
11.6K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1414.6K+72.0%1.26
2026-07-318.5K-19.5%1.00
2026-07-1510.5K-19.9%1.03
2026-06-3013.1K-74.8%1.00
2026-06-1552.1K+136.3%1.00
2026-05-2922.1K-15.1%1.00
2026-05-1526.0K-12.7%1.01
2026-04-3029.7K+1.2%1.00

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022
Revenue$33.5M$44.9M$51.4M$49.9M
Gross profit$5.9M$11.4M$10.9M$10.3M
Operating income$-1.1M$455,908$3.9M$3.8M
Net income$556,829$-361,016$3.0M$3.1M
Diluted EPS$0.03$-0.02$0.15$0.15

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022
Cash and equivalents$4.5M$8.1M$8.1M$4.1M
Current assets$40.0M$31.9M$39.5M
Total assets$49.1M$39.3M$46.7M
Current liabilities$24.5M$25.9M$28.7M
Long-term debt$1.8M$614,476
Total liabilities$26.9M$26.6M$30.0M
Total equity$22.2M$12.7M$16.7M$14.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022
Operating cash flow$-1.7M$5.5M$3.3M$-1.0M
Capital expenditure$458,221$1.1M$1.8M$460,378
Free cash flow$-2.2M$4.4M$1.6M$-1.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Company facts

ExchangeNYSE
SectorMaterials
SIC industrySteel Pipe & Tubes
Latest annual periodFY2025 (ended December 31, 2025)
Oldest indexed filing2023
SEC CIK1984124

Selected SEC filings

20-F/A2026-07-06
View on EDGAR →
20-F/A2026-06-26
View on EDGAR →
6-K2026-07-31
View on EDGAR →
6-K2026-07-17
View on EDGAR →
6-K2026-06-18
View on EDGAR →
6-K2026-06-18
View on EDGAR →

Largest Materials peers

All Materials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.