NASDAQ : HFFG
HF Foods Group Inc. — Financial statements
Consumer Staples · Food Distribution · United States
Last price 1.45 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 80.62M
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Financial statements
HF Foods Group Inc. (HFFG) reported revenue of 1.25B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.25B | 1.23B | 1.20B | 1.15B | 1.17B | 796.88M |
| Cost of Revenue | 1.04B | 1.02B | 996.47M | 944.46M | 964.96M | 645.37M |
| Gross Profit | 207.06M | 207.58M | 205.19M | 204.03M | 205.51M | 151.51M |
| Selling, General & Admin | 174.28M | 173.38M | 171.35M | 177.94M | 168.90M | 102.00M |
| Operating Expenses | 202.66M | 201.76M | 198.03M | 203.86M | 193.83M | 121.13M |
| Operating Income | 4.39M | 5.81M | 7.17M | 169.00K | 11.68M | 30.38M |
| Interest Expense | -10.20M | -13.34M | -9.73M | -13.06M | -6.64M | -2.67M |
| Other Non Operating Income (Expenses) | 4.57M | 1.06M | 6.63M | 1.47M | 1.83M | 508.00K |
| EBT Excluding Unusual Items | -1.24M | -6.47M | 4.07M | -11.42M | 6.87M | 28.22M |
| Merger & Restructuring Charges | -700.00K | -900.00K | ||||
| Impairment of Goodwill | -38.81M | -38.81M | -46.30M | |||
| Asset Writedown | -1.20M | -422.00K | ||||
| Legal Settlements | 10.00M | |||||
| Other Unusual Items | -3.90M | -5.74M | ||||
| Pretax Income | -40.05M | -45.28M | -46.14M | -2.62M | 4.00K | 27.32M |
| Income Tax Expense | -5.74M | -5.97M | 1.97M | 41.00K | -231.00K | 4.50M |
| Earnings From Continuing Operations | -34.31M | -39.31M | -48.10M | -2.66M | 235.00K | 22.82M |
| Minority Interest in Earnings | -295.00K | 468.00K | -409.00K | 488.00K | 225.00K | -676.00K |
| Net Income | -34.61M | -38.84M | -48.51M | -2.17M | 460.00K | 22.14M |
| Net Income to Common | -34.61M | -38.84M | -48.51M | -2.17M | 460.00K | 22.14M |
| Shares Outstanding (Basic) | 53.14M | 52.95M | 52.55M | 53.88M | 53.76M | 51.92M |
| Shares Outstanding (Diluted) | 53.14M | 52.95M | 52.55M | 53.88M | 53.86M | 52.09M |
| EPS (Basic) | -0.65 | -0.73 | -0.92 | -0.04 | 0.01 | 0.43 |
| EPS (Diluted) | -0.65 | -0.73 | -0.92 | -0.04 | 0.01 | 0.43 |
| Free Cash Flow | -3.47M | 6.56M | 10.09M | -5.16M | 29.11M | 15.30M |
| Free Cash Flow Per Share | -0.07 | 0.12 | 0.19 | -0.10 | 0.54 | 0.29 |
| Gross Margin | 16.55% | 16.90% | 17.08% | 17.77% | 17.56% | 19.01% |
| Operating Margin | 0.35% | 0.47% | 0.60% | 0.01% | 1.00% | 3.81% |
| Profit Margin | -2.77% | -3.16% | -4.04% | -0.19% | 0.04% | 2.78% |
| Free Cash Flow Margin | -0.28% | 0.53% | 0.84% | -0.45% | 2.49% | 1.92% |
| EBITDA | 33.74M | 34.20M | 33.84M | 26.09M | 36.62M | 49.51M |
| EBITDA Margin | 2.70% | 2.78% | 2.82% | 2.27% | 3.13% | 6.21% |
| D&A For EBITDA | 29.34M | 28.38M | 26.68M | 25.92M | 24.94M | 19.13M |
| EBIT | 4.39M | 5.81M | 7.17M | 169.00K | 11.68M | 30.38M |
| EBIT Margin | 0.35% | 0.47% | 0.60% | 0.01% | 1.00% | 3.81% |
| Effective Tax Rate | 16.48% | |||||
| Revenue as Reported | 1.25B | 1.23B | 1.20B | 1.15B | 1.17B | 796.88M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 18.10M | 8.64M | 14.47M | 15.23M | 24.29M | 14.79M |
| Cash & Short-Term Investments | 18.10M | 8.64M | 14.47M | 15.23M | 24.29M | 14.79M |
| Accounts Receivable | 64.96M | 66.24M | 54.35M | 47.83M | 44.40M | 36.53M |
| Receivables | 64.96M | 66.24M | 54.35M | 47.83M | 44.40M | 36.53M |
| Inventory | 114.92M | 106.63M | 97.78M | 105.62M | 120.29M | 102.69M |
| Prepaid Expenses | 1.32M | 5.64M | 4.44M | 4.59M | 1.50M | 5.56M |
| Other Current Assets | 5.91M | 6.85M | 7.06M | 5.55M | 7.43M | |
| Total Current Assets | 205.21M | 194.00M | 178.10M | 178.83M | 197.92M | 159.57M |
| Property, Plant & Equipment | 201.40M | 189.45M | 163.52M | 145.85M | 154.49M | 157.57M |
| Long-Term Investments | 2.35M | 2.34M | 2.85M | 2.79M | 3.18M | 2.46M |
| Goodwill | 38.81M | 85.12M | 85.12M | 80.26M | ||
| Other Intangible Assets | 143.60M | 154.49M | 165.63M | 182.91M | 194.09M | 195.05M |
| Other Long-Term Assets | 4.04M | 1.25M | 1.08M | 1.03M | 2.73M | 2.03M |
| Total Assets | 556.60M | 541.53M | 549.99M | 596.52M | 637.53M | 596.95M |
| Accounts Payable | 71.07M | 74.86M | 50.64M | 52.01M | 57.04M | 59.69M |
| Accrued Expenses | 10.46M | 9.82M | 10.66M | 12.29M | 19.65M | 10.23M |
| Short-Term Debt | 77.13M | 55.80M | 57.48M | 58.56M | 53.06M | 55.29M |
| Current Portion of Long-Term Debt | 5.21M | 6.68M | 5.41M | 5.45M | 6.27M | 5.56M |
| Current Portion of Leases | 9.69M | 10.76M | 7.97M | 5.46M | 5.93M | 4.76M |
| Current Income Taxes Payable | 1.91M | |||||
| Other Current Liabilities | 10.92M | 6.85M | 13.03M | 9.49M | 21.95M | 17.83M |
| Total Current Liabilities | 184.48M | 164.77M | 145.20M | 143.26M | 163.89M | 155.26M |
| Long-Term Debt | 95.44M | 101.04M | 103.32M | 110.31M | 115.44M | 86.31M |
| Long-Term Leases | 46.59M | 48.27M | 30.05M | 20.64M | 22.03M | 20.93M |
| Long-Term Deferred Tax Liabilities | 22.12M | 23.81M | 29.39M | 29.03M | 34.44M | 39.45M |
| Other Long-Term Liabilities | 146.00K | 62.00K | 728.00K | 5.29M | 5.47M | |
| Total Liabilities | 348.78M | 337.94M | 308.70M | 308.54M | 341.28M | 301.96M |
| Common Stock | 5.00K | 5.00K | 5.00K | 5.00K | 5.00K | 5.00K |
| Additional Paid-In Capital | 605.10M | 605.84M | 604.24M | 603.09M | 598.32M | 597.23M |
| Retained Earnings | -392.24M | -396.04M | -357.20M | -308.69M | -306.51M | -306.28M |
| Treasury Stock | -6.10M | -7.75M | -7.75M | -7.75M | ||
| Total Common Equity | 206.77M | 202.05M | 239.29M | 286.66M | 291.81M | 290.95M |
| Minority Interest | 1.05M | 1.53M | 2.00M | 1.32M | 4.44M | 4.04M |
| Shareholders' Equity | 207.82M | 203.59M | 241.29M | 287.98M | 296.25M | 294.99M |
| Total Liabilities & Equity | 556.60M | 541.53M | 549.99M | 596.52M | 637.53M | 596.95M |
| Total Debt | 234.06M | 222.55M | 204.25M | 200.42M | 202.73M | 172.84M |
| Net Cash (Debt) | -215.96M | -213.91M | -189.78M | -185.19M | -178.44M | -158.05M |
| Net Cash Per Share | -4.06 | -4.04 | -3.61 | -3.44 | -3.31 | -3.03 |
| Filing Date Shares Outstanding | 53.90M | 53.04M | 52.74M | 52.16M | 53.83M | 53.71M |
| Total Common Shares Outstanding | 53.90M | 53.04M | 52.74M | 52.16M | 53.81M | 53.71M |
| Working Capital | 20.73M | 29.23M | 32.90M | 35.56M | 34.03M | 4.31M |
| Book Value Per Share | 3.84 | 3.81 | 4.54 | 5.50 | 5.42 | 5.42 |
| Tangible Book Value | 63.17M | 47.56M | 34.85M | 18.64M | 12.60M | 15.64M |
| Tangible Book Value Per Share | 1.17 | 0.90 | 0.66 | 0.36 | 0.23 | 0.29 |
| Land | 57.72M | 49.18M | 49.93M | 49.93M | 49.93M | 51.41M |
| Buildings | 105.77M | 101.83M | 85.75M | 85.06M | 83.68M | 88.00M |
| Machinery | 78.05M | 80.19M | 64.18M | 49.26M | 52.55M | 45.90M |
| Construction In Progress | 8.02M | 2.49M | 10.37M | 1.39M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -34.61M | -38.84M | -48.51M | -2.17M | 460.00K | 22.14M |
| Depreciation & Amortization | 29.34M | 28.38M | 26.68M | 25.92M | 24.94M | 19.13M |
| Loss (Gain) From Sale of Assets | -1.48M | -115.00K | -12.00K | -362.00K | -1.33M | -1.64M |
| Asset Writedown & Restructuring Costs | 38.81M | 38.81M | 46.30M | 1.20M | 422.00K | |
| Loss (Gain) From Sale of Investments | -1.57M | 1.87M | -1.69M | 1.58M | 817.00K | -1.43M |
| Stock-Based Compensation | 1.65M | 1.76M | 2.09M | 3.35M | 1.26M | 635.00K |
| Provision & Write-off of Bad Debts | -950.00K | -357.00K | -103.00K | 701.00K | 82.00K | -433.00K |
| Other Operating Activities | 1.40M | -1.21M | 386.00K | -9.50M | 4.68M | -5.42M |
| Change in Accounts Receivable | -11.52M | -11.53M | -6.41M | -4.13M | -8.54M | -9.98M |
| Change in Inventory | 12.32M | -8.85M | 7.83M | 14.67M | -3.75M | -19.23M |
| Change in Accounts Payable | 2.52M | 24.04M | -1.37M | -5.03M | 14.79M | 12.61M |
| Change in Other Net Operating Assets | -6.87M | -8.48M | -2.55M | -27.87M | 1.57M | 1.11M |
| Operating Cash Flow | 29.04M | 25.48M | 22.64M | -1.65M | 35.40M | 17.51M |
| Capital Expenditures | -32.51M | -18.92M | -12.55M | -3.51M | -6.29M | -2.21M |
| Sale of Property, Plant & Equipment | 4.32M | 206.00K | 48.00K | 2.00M | 7.79M | 3.25M |
| Cash Acquisitions | -52.29M | -42.84M | ||||
| Sale (Purchase) of Intangibles | -1.66M | -1.66M | ||||
| Investment in Securities | -49.00K | |||||
| Other Investing Activities | 718.00K | |||||
| Investing Cash Flow | -29.85M | -20.37M | -12.55M | -1.51M | -50.79M | -41.08M |
| Short-Term Debt Issued | 1.45B | 1.48B | 1.24B | 1.20B | 857.30M | |
| Long-Term Debt Issued | 4.20M | 45.96M | ||||
| Total Debt Issued | 1.65B | 1.45B | 1.48B | 1.24B | 1.25B | 857.30M |
| Short-Term Debt Repaid | -1.45B | -1.48B | -1.23B | -1.20B | -820.42M | |
| Long-Term Debt Repaid | -13.15M | -9.04M | -10.07M | -18.46M | -11.23M | |
| Total Debt Repaid | -1.65B | -1.46B | -1.49B | -1.24B | -1.22B | -831.66M |
| Net Debt Issued (Repaid) | 4.38M | -10.56M | -10.18M | -4.62M | 25.38M | 25.65M |
| Repurchase of Common Stock | -77.00K | -156.00K | -175.00K | -394.00K | ||
| Other Financing Activities | -1.04M | -213.00K | -500.00K | -884.00K | -491.00K | 3.14M |
| Financing Cash Flow | 3.26M | -10.93M | -10.85M | -5.89M | 24.89M | 28.78M |
| Net Cash Flow | 2.45M | -5.83M | -765.00K | -9.06M | 9.50M | 5.21M |
| Free Cash Flow | -3.47M | 6.56M | 10.09M | -5.16M | 29.11M | 15.30M |
| Free Cash Flow Margin | -0.28% | 0.53% | 0.84% | -0.45% | 2.49% | 1.92% |
| Free Cash Flow Per Share | -0.07 | 0.12 | 0.19 | -0.10 | 0.54 | 0.29 |
| Levered Free Cash Flow | -7.76M | 332.12K | 15.11M | 2.89M | 3.19M | 15.89M |
| Unlevered Free Cash Flow | -1.38M | 8.67M | 21.19M | 11.05M | 7.34M | 17.56M |
| Cash Interest Paid | 11.65M | 11.37M | 11.62M | 10.41M | 6.23M | 3.18M |
| Cash Income Tax Paid | 516.00K | 358.00K | 2.51M | 4.04M | 8.65M | 9.53M |
| Change in Working Capital | -3.55M | -4.82M | -2.50M | -22.36M | 4.07M | -15.48M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 80.62M | 114.04M | 169.29M | 289.18M | 210.77M | 439.19M |
| Enterprise Value | 296.59M | 340.81M | 376.23M | 468.47M | 347.39M | 575.81M |
| Last Close Price | 1.45 | 2.15 | 3.21 | 5.34 | 4.06 | 8.46 |
| PE Ratio | 458.19 | 19.83 | ||||
| Forward PE | 3.09 | 4.57 | 7.64 | |||
| PS Ratio | 0.06 | 0.09 | 0.14 | 0.25 | 0.18 | 0.55 |
| PB Ratio | 0.38 | 0.56 | 0.70 | 1.00 | 0.71 | 1.49 |
| P/TBV Ratio | 1.28 | 2.40 | 4.86 | 15.52 | 16.72 | 28.08 |
| P/FCF Ratio | 17.38 | 16.78 | 7.24 | 28.70 | ||
| P/OCF Ratio | 2.78 | 4.48 | 7.48 | 5.96 | 25.08 | |
| PEG Ratio | 0.28 | 0.33 | ||||
| EV/Sales Ratio | 0.24 | 0.28 | 0.31 | 0.41 | 0.30 | 0.72 |
| EV/EBITDA Ratio | 8.79 | 9.97 | 11.12 | 17.96 | 9.49 | 11.63 |
| EV/EBIT Ratio | 67.48 | 58.62 | 52.49 | 2,772.01 | 29.74 | 18.95 |
| EV/FCF Ratio | 51.94 | 37.29 | 11.93 | 37.62 | ||
| Debt / Equity Ratio | 1.13 | 1.09 | 0.85 | 0.70 | 0.68 | 0.59 |
| Debt / EBITDA Ratio | 4.68 | 4.92 | 5.18 | 6.28 | 4.86 | 3.31 |
| Debt / FCF Ratio | 33.91 | 20.24 | 6.96 | 11.29 | ||
| Net Debt / Equity Ratio | 1.04 | 1.05 | 0.79 | 0.64 | 0.60 | 0.54 |
| Net Debt / EBITDA Ratio | 6.40 | 6.25 | 5.61 | 7.10 | 4.87 | 3.19 |
| Net Debt / FCF Ratio | -62.27 | 32.60 | 18.81 | -35.88 | 6.13 | 10.33 |
| Asset Turnover | 2.17 | 2.25 | 2.10 | 1.86 | 1.90 | 1.47 |
| Inventory Turnover | 8.62 | 9.99 | 9.80 | 8.36 | 8.65 | 8.00 |
| Quick Ratio | 0.45 | 0.45 | 0.47 | 0.44 | 0.42 | 0.33 |
| Current Ratio | 1.11 | 1.18 | 1.23 | 1.25 | 1.21 | 1.03 |
| Return on Equity (ROE) | -15.29% | -17.67% | -18.18% | -0.91% | 0.08% | 8.17% |
| Return on Assets (ROA) | 0.48% | 0.67% | 0.78% | 0.02% | 1.18% | 3.49% |
| Return on Invested Capital (ROIC) | 1.05% | 1.37% | 1.58% | 0.04% | 2.52% | 6.08% |
| Return on Capital Employed (ROCE) | 1.20% | 1.50% | 1.80% | 0.00% | 2.50% | 6.90% |
| Earnings Yield | -44.91% | -34.06% | -28.66% | -0.75% | 0.22% | 5.04% |
| FCF Yield | -4.30% | 5.75% | 5.96% | -1.79% | 13.81% | 3.48% |
| Buyback Yield / Dilution | -0.66% | -0.75% | 2.46% | -0.03% | -3.40% | 0.01% |