TOYO Co., Ltd Financial Summary

Complete Filing Data

TOYO Co., Ltd reported Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents of $17.15 million for FY2024.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean TOYO Co., Ltd did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023
Net Income *$40.6M$9.9M
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest$41.3M$9.9M
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax-$2.7M-$3.2M
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax-$2.7M-$3.2M
Operating Income Loss$8.9M$12.0M
Operating Expenses$13.0M$4.6M
Nonoperating Income Expense$32.4M-$2.1M
Interest Expense Nonoperating$3.3M$3.3M
General And Administrative Expense$11.4M$4.6M
Comprehensive Income Net Of Tax$37.9M$6.7M
Other Nonoperating Income Expense$586.2K$1.2M
Selling And Marketing Expense$1.6M$17.6K
Revenues$177.0M$62.4M
Gross Profit$21.9M$16.6M
Cost Of Revenue$155.1M$45.7M
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest$37.8M$6.7M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2022
Net Income *-$186.8K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$186.8K
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax$395.7K
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax$395.7K
Operating Income Loss-$187.4K
Operating Expenses$187.4K
Nonoperating Income Expense$583.00
Interest Expense Nonoperating-$583.00
General And Administrative Expense$187.4K
Comprehensive Income Net Of Tax$208.8K
Other Nonoperating Income Expense
Selling And Marketing Expense
Revenues
Gross Profit
Cost Of Revenue
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest$208.8K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022
Stockholders Equity *$59.2M$56.9M$7.8M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$17.1M$19.0M$2.1M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect-$1.8M$16.9M
Cash$13.7M$18.0M
Retained Earnings Accumulated Deficit$50.3M$9.7M
Property Plant And Equipment Net$129.0M$142.8M
Operating Lease Right Of Use Asset$36.6M$537.0K
Operating Lease Liability Noncurrent$34.3M$372.7K
Liabilities Current$125.0M$169.2M
Liabilities And Stockholders Equity$239.8M$238.3M
Liabilities$180.4M$181.4M
Common Stock Value$3.4K$4.1K
Assets Noncurrent$184.4M$155.5M
Assets Current$55.4M$82.8M
Assets$239.8M$238.3M
Accumulated Other Comprehensive Income Loss Net Of Tax-$5.5M-$2.8M
Accounts Payable Current$17.6M$37.2M
Accounts Payable And Other Accrued Liabilities Current$3.4M$5.6M
Restricted Cash Noncurrent$1.6M$879.9K
Restricted Cash Current$1.9M$82.2K
Other Assets Current$725.1K$85.7K
Operating Lease Liability Current$2.1M$151.3K
Inventory Net$20.0M$40.0M
Deposits Assets Noncurrent$9.7M$1.5M
Contract With Customer Liability Current$3.6M$530.8K
Operating Lease Rightofuse Assets Obtained In Exchange For Operating Lease Liabilities$3.6M$473.0K
Long Term Debt Noncurrent$21.0M$11.8M
Other Assets Noncurrent$192.9K$22.3K
Liabilities Noncurrent$55.3M$12.2M
Additional Paid In Capital Common Stock$14.4M$50.0M
Deferred Costs$2.1M
Amortization Of Debt Discount Premium$171.4K$180.2K
Restricted Cash$1.9M$82.2K
Repayments Of Related Party Debt$38.1M
Taxes Payable Current$781.2K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2022
Stockholders Equity *
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect$2.1M
Cash
Retained Earnings Accumulated Deficit
Property Plant And Equipment Net
Operating Lease Right Of Use Asset
Operating Lease Liability Noncurrent
Liabilities Current
Liabilities And Stockholders Equity
Liabilities
Common Stock Value
Assets Noncurrent
Assets Current
Assets
Accumulated Other Comprehensive Income Loss Net Of Tax
Accounts Payable Current
Accounts Payable And Other Accrued Liabilities Current
Restricted Cash Noncurrent
Restricted Cash Current
Other Assets Current
Operating Lease Liability Current
Inventory Net
Deposits Assets Noncurrent
Contract With Customer Liability Current
Operating Lease Rightofuse Assets Obtained In Exchange For Operating Lease Liabilities$187.0K
Long Term Debt Noncurrent
Other Assets Noncurrent
Liabilities Noncurrent
Additional Paid In Capital Common Stock
Deferred Costs
Amortization Of Debt Discount Premium$29.6K
Restricted Cash
Repayments Of Related Party Debt
Taxes Payable Current

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023
Proceeds From Contributed Capital$10.0K$42.4M
Payments To Acquire Property Plant And Equipment$42.5M$114.1M
Net Cash Provided By Used In Operating Activities$46.5M-$12.5M
Net Cash Provided By Used In Investing Activities-$44.0M-$114.2M
Net Cash Provided By Used In Financing Activities-$2.1M$146.1M
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents-$2.2M-$2.4M
Proceeds From Related Party Debt$5.0M$93.6M
Proceeds From Issuance Of Other Long Term Debt$65.7M$12.0M
Increase Decrease In Other Accounts Payable And Accrued Liabilities-$2.8M$5.4M
Increase Decrease In Due To Related Parties-$1.6M$3.3M
Increase Decrease In Accounts Payable$3.0M$2.1M
Depreciation Depletion And Amortization$23.2M$2.6M
Share Based Compensation$609.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2022
Proceeds From Contributed Capital$7.6M
Payments To Acquire Property Plant And Equipment$243.9K
Net Cash Provided By Used In Operating Activities-$5.6M
Net Cash Provided By Used In Investing Activities-$243.9K
Net Cash Provided By Used In Financing Activities$7.6M
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$258.8K
Proceeds From Related Party Debt
Proceeds From Issuance Of Other Long Term Debt
Increase Decrease In Other Accounts Payable And Accrued Liabilities$66.0K
Increase Decrease In Due To Related Parties$1.7M
Increase Decrease In Accounts Payable$798.5K
Depreciation Depletion And Amortization$16.00
Share Based Compensation

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023
Weighted Average Number Of Shares Outstanding Basic30.8M41.0M
Weighted Average Number Of Diluted Shares Outstanding30.8M41.0M
Earnings Per Share Diluted$1.09$0.24
Earnings Per Share Basic$1.09$0.24
Common Stock Shares Outstanding33.6M41.0M
Common Stock Shares Issued46.6M41.0M
Common Stock Shares Authorized500.0M500.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2022
Weighted Average Number Of Shares Outstanding Basic41.0M
Weighted Average Number Of Diluted Shares Outstanding41.0M
Earnings Per Share Diluted$0.00
Earnings Per Share Basic$0.00
Common Stock Shares Outstanding
Common Stock Shares Issued
Common Stock Shares Authorized
Common Stock Par Or Stated Value Per Share

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023
Prepaid Expense Noncurrent$7.2M$7.8M
Prepaid Expense Current$392.2K$149.3K
Short Term Borrowings$19.4M$16.1M

Most recent annual filing with the SEC: May 12, 2025

Data sourced from SEC EDGAR public filings as of August 8, 2026.