Mingteng International Corporation Inc. (MTEN)
Mingteng International Corporation Inc. operates in the Manufacturing - Metal Fabrication industry of the Industrials sector, headquartered in Wuxi, JS, CN. The stock last traded at $1.26, down 7.91% on the session, giving a market capitalisation of $8.7M. On trailing twelve-month figures it carries a trailing P/E of -0.02, a net margin of -8.7%. Its beta of -0.68 implies it has historically moved less than the broad market.
Mingteng International Corporation Inc., primarily operating within the People's Republic of China, offers comprehensive services related to industrial molds. Their expertise spans the complete mold lifecycle, from initial design and development through the manufacturing process, assembly, rigorous testing, repair work, and post-sales support. The company's product line includes casting molds specifically engineered for a broad spectrum of automotive applications, such as turbocharger units, braking mechanisms, steering components, and differential systems, along with various other vehicle parts. Additionally, Mingteng International manufactures molds essential for contemporary new energy electric vehicles, including those for motor drive systems and battery packs, as well as for hydraulic components used in engineering equipment. Its clientele is diverse, encompassing sectors like the automotive industry, manufacturers of construction machinery, and other general manufacturing fields. Established in 2015, the company's headquarters are situated in Wuxi, China.
Mingteng International Corporation Inc. is most often compared with the following Industrials names: