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Private company

WANG & LEE GROUP, Inc.

WANG & LEE GROUP, Inc. is a construction - special trade contractors company in the British Virgin Islands.1 It is headquartered in Hong Kong, Hong Kong.1

Last updated Oct 21, 2026.

Overview

$4.0MRevenue, fiscal 20242
-$2.5MNet income, fiscal 20242
  • IndustryConstruction - Special Trade Contractors1
  • HeadquartersHong Kong, Hong Kong1
  • Incorporated inVirgin Islands, British3
  • Business address5/F Wing Tai Factory Building,, 3 Tai Yip Street, Kwun Tong, Kowloon, Hong Kong, K3 00003
  • Filer categoryNon-accelerated filer, Emerging growth company3

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HK SAR subsidiary, WANG & LEE CONTRACTING LIMITED. We do not use variable interest entities in our corporate structure.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

10.4%Gross margin2
-64.5%Operating margin2
-64.4%Net margin2
-42.1%Revenue growth, 20242
-72.8%Return on equity2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue90¢$3.5M
  • Other costs10¢$412.2K

Out of $4.0M in revenue.2 The company lost money this year.

Financial statements

Revenue52$4.0M in 2024−4% since 2021
0$2.0M$4.0M$6.0M$8.0M2021: $4.1M$4.1M20212022: $4.2M$4.2M2022+1%2023: $6.8M$6.8M2023+64%2024: $4.0M$4.0M2024−42%
Gross profit52$412.2K in 2024−52% since 2021
0$1.0M$2.0M$3.0M2021: $859.8K$859.8K20212022: $785.7K$785.7K2022−9%2023: $2.4M$2.4M2023+211%2024: $412.2K$412.2K2024−83%
Operating income52-$2.5M in 2024+606% since 2021
-$3.0M-$2.0M-$1.0M02021: -$360.9K-$360.9K20212022: -$641.5K-$641.5K2022+78%2023: -$771.1K-$771.1K2023+20%2024: -$2.5M-$2.5M2024+231%
Net income52-$2.5M in 2024+617% since 2021
-$3.0M-$2.0M-$1.0M02021: -$354.7K-$354.7K20212022: -$596.9K-$596.9K2022+68%2023: -$648.9K-$648.9K2023+9%2024: -$2.5M-$2.5M2024+292%
Fiscal year20202021202220232024
Revenue$4.1M5$4.2M2$6.8M2$4.0M2
Cost of revenue$3.3M5$3.4M2$4.4M2$3.5M2
Gross profit$859.8K5$785.7K2$2.4M2$412.2K2
Operating expenses$1.2M5$1.4M2$3.2M2$3.0M2
Operating income-$360.9K5-$641.5K2-$771.1K2-$2.5M2
Interest$13.3K5$35.4K5$61.6K5
Income before tax-$354.7K5-$596.9K2-$648.9K2-$2.5M2
Net income-$354.7K5-$596.9K2-$648.9K2-$2.5M2
Earnings per share-$0.035-$0.052-$0.042-$0.172
Earnings per share (diluted)-$0.035-$0.052-$0.042-$0.172
Shares (weighted, basic)12.0M shares512.0M shares214.3M shares215.2M shares2
Shares (weighted, diluted)12.0M shares512.0M shares214.3M shares215.2M shares2

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Corporate structure

WANG & LEE GROUP, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of WANG & LEE GROUP, Inc.

  • WANG & LEE GROUP, Inc. Hong Kong, Hong Kong

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What WANG & LEE GROUP, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$104.1K2 Dec 31, 2024$131.4K2 Dec 31, 2023−20.8%
Accumulated depreciation$53.3K2 Dec 31, 2024$65.9K2 Dec 31, 2023−19.1%
Property and equipment, net$50.8K2 Dec 31, 2024$65.6K2 Dec 31, 2023−22.5%
Operating-lease assets (leased space)$91.9K2 Dec 31, 2024$206.8K2 Dec 31, 2023−55.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$4.3M2 Dec 31, 2024$5.2M2 Dec 31, 2023−17.4%

Filings

97 filings to the SEC since October 2021: 4 annual reports, 7 large holders, 86 other. The latest 20:

  1. Aug 26, 20256-K EDGAR
  2. Aug 21, 20256-K EDGAR
  3. Aug 14, 2025SCHEDULE 13G/A EDGAR
  4. Aug 8, 20256-K EDGAR
  5. Jul 28, 20256-K EDGAR
  6. Jul 17, 20256-K EDGAR
  7. Jul 11, 20256-K EDGAR
  8. Jul 9, 20256-K EDGAR
  9. Jun 30, 20256-K EDGAR
  10. Jun 13, 2025SCHEDULE 13G EDGAR
  11. Jun 10, 2025SCHEDULE 13G EDGAR
  12. Jun 10, 2025SCHEDULE 13G EDGAR
  13. Jun 9, 20256-K EDGAR
  14. Jun 9, 2025424B5 EDGAR
  15. May 15, 202520-F EDGAR
  16. May 14, 2025SCHEDULE 13G EDGAR
  17. May 7, 20256-K EDGAR
  18. Apr 29, 2025NT 20-F EDGAR
  19. Apr 1, 20256-K EDGAR
  20. Mar 24, 20256-K EDGAR

The 97 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How WANG & LEE GROUP, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARWANG & LEE GROUP, Inc.1
  • CIK0001899658
  • Employer ID (EIN)00-20637001
  • Filer statusNon-accelerated filer an emerging growth company; a shell company4
  • Incorporated inBritish Virgin Islands4
  • Fiscal year endsDecember 311
  • Industry code (SIC)1700 Construction - Special Trade Contractors1
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
  • Business address5/F Wing Tai Factory Building,, 3 Tai Yip Street, Kwun Tong, Kowloon, Hong Kong, K3 00001
  • Phone852 2889 13131
  • Shares outstanding17,357,924 shares as of Dec 31, 20244
  • AuditorAOGB CPA Limited, Hong Kong, Hong Kong PCAOB ID 7020; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceJan 10, 20221
  • Filings98 in all: 6-K (23), CORRESP (17), UPLOAD (14), F-1/A (12), SCHEDULE 13G (6), 20-F (3), NT 20-F (3), 424B4 (2)1
    All 23 form types

    424B5 (2), EFFECT (2), F-3/A (2), 20-F/A (1), 25-NSE (1), 8-A12B (1), CERT (1), DEL AM (1), DRS (1), DRS/A (1), DRSLTR (1), F-1 (1), F-3 (1), S-8 (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (20-F) May 15, 2025

Securities registered for trading

ClassSymbolExchange
Ordinary Shares with no par valueWLGSNasdaq

From the cover page of the 20-F filed May 15, 2025 (Section 12(b) of the Exchange Act).4

Sources

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