Hf Foods Group (HFFG) Financials

$1.69 +0.05 (+3.05%)

Closing price 07/13/2026 04:00 PM Eastern

Extended Trading

$1.71 +0.02 (+1.24%)

As of 08:30 AM Eastern

Annual Income Statements for Hf Foods Group

This table shows Hf Foods Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	9.65	6.29	4.97	-344	22	0.46	-2.17	-49	-39
Consolidated Net Income / (Loss)	10	6.35	5.48	-343	23	0.24	-2.66	-48	-39
Net Income / (Loss) Continuing Operations	10	6.35	5.48	-343	23	0.24	-2.66	-48	-39
Total Pre-Tax Income	11	8.84	7.92	-348	27	0.00	-2.62	-46	-45
Total Revenue	296	292	388	567	793	1,170	1,148	1,207	1,228
Net Interest Income / (Expense)	0.02	0.49	0.00	0.00	-4.09	0.00	0.00	0.00	0.00
Total Interest Income	0.02	0.49	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Interest Expense	0.00	0.00	0.00	0.00	4.09	0.00	0.00	0.00	0.00
Total Non-Interest Income	296	292	388	567	797	1,170	1,148	1,207	1,228
Other Non-Interest Income	296	292	388	567	797	1,170	1,148	1,207	1,228
Total Non-Interest Expense	285	282	380	911	766	1,167	1,153	1,251	1,275
Other Operating Expenses	285	282	380	572	767	1,167	1,151	1,206	1,234
Impairment Charge	-	-	0.00	338	-	0.00	0.00	46	39
Other Special Charges	-	-	-	-	-1.43	-0.82	1.58	-1.69	1.87
Nonoperating Income / (Expense), net	-0.33	-0.70	-0.31	-4.15	0.51	1.83	1.09	-2.82	1.06
Income Tax Expense	0.62	2.49	2.44	-4.73	4.50	-0.23	0.04	1.97	-5.97
Net Income / (Loss) Attributable to Noncontrolling Interest	0.43	0.07	0.51	0.29	0.68	-0.23	-0.49	0.41	-0.47
Basic Earnings per Share	$0.48	$0.30	$0.18	($6.59)	$0.43	$0.01	($0.04)	($0.92)	($0.73)
Weighted Average Basic Shares Outstanding	19.97M	20.99M	27.11M	52.10M	51.92M	53.76M	53.88M	52.55M	52.95M
Diluted Earnings per Share	$0.48	$0.30	$0.18	($6.59)	$0.43	$0.01	($0.04)	($0.92)	($0.73)
Weighted Average Diluted Shares Outstanding	19.97M	20.99M	27.11M	52.10M	52.09M	53.86M	53.88M	52.55M	52.95M
Weighted Average Basic & Diluted Shares Outstanding	19.97M	20.99M	27.11M	52.10M	-	53.83M	52.16M	52.74M	53.04M

This table shows Hf Foods Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	1.88	2.73	-0.69	0.02	-3.94	-44	-1.65	1.22	-1.12	-37	1.23
Consolidated Net Income / (Loss)	1.97	2.72	-0.56	0.24	-3.84	-44	-1.53	0.51	-0.87	-37	1.36
Net Income / (Loss) Continuing Operations	1.97	2.72	-0.56	0.24	-3.84	-44	-1.53	0.51	-0.87	-37	1.36
Total Pre-Tax Income	1.94	4.82	-0.74	1.83	-5.09	-42	-2.46	1.03	-1.63	-42	0.96
Total Revenue	282	283	296	308	298	303	298	315	307	308	312
Net Interest Income / (Expense)	0.00	2.87	0.00	0.00	0.00	2.83	0.00	0.00	0.00	-	0.00
Total Interest Income	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Total Interest Expense	0.00	-2.87	0.00	0.00	0.00	-2.83	0.00	0.00	0.00	-	0.00
Total Non-Interest Income	282	281	296	308	298	300	298	315	307	308	312
Other Non-Interest Income	282	281	296	308	298	300	298	315	307	308	312
Total Non-Interest Expense	280	279	297	302	304	350	301	314	309	350	313
Other Operating Expenses	282	276	299	303	301	307	300	314	309	312	314
Other Special Charges	-1.98	3.67	-1.97	-0.36	3.29	-2.65	1.18	0.69	0.05	-0.05	-0.84
Nonoperating Income / (Expense), net	0.49	0.25	0.09	-3.47	0.33	0.22	0.18	0.41	0.23	0.23	1.89
Income Tax Expense	-0.04	2.09	-0.18	1.60	-1.25	1.80	-0.93	0.52	-0.76	-4.80	-0.40
Net Income / (Loss) Attributable to Noncontrolling Interest	0.09	-0.00	0.14	0.22	0.10	-0.05	0.12	-0.71	0.24	-0.12	0.13
Basic Earnings per Share	$0.03	$0.06	($0.01)	$0.00	($0.07)	($0.84)	($0.03)	$0.02	($0.02)	($0.70)	$0.02
Weighted Average Basic Shares Outstanding	54.14M	53.88M	52.16M	52.59M	52.73M	52.55M	52.74M	52.97M	53.03M	52.95M	53.05M
Diluted Earnings per Share	$0.03	$0.06	($0.01)	$0.00	($0.07)	($0.84)	($0.03)	$0.02	($0.02)	($0.70)	$0.02
Weighted Average Diluted Shares Outstanding	54.51M	53.88M	52.16M	52.66M	52.73M	52.55M	52.74M	53.41M	53.03M	52.95M	53.93M
Weighted Average Basic & Diluted Shares Outstanding	-	52.16M	52.61M	52.73M	52.74M	52.74M	53.01M	55.01M	53.04M	53.04M	53.48M

This table details how cash moves in and out of Hf Foods Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	0.13	-0.60	9.05	-4.96	5.21	9.50	-9.06	-0.77	-5.83
Net Cash From Operating Activities	15	12	4.81	46	18	35	-1.65	23	25
Net Cash From Continuing Operating Activities	7.20	12	4.81	46	18	35	-1.65	23	25
Net Income / (Loss) Continuing Operations	0.00	6.35	5.48	-343	23	0.24	-2.66	-48	-39
Consolidated Net Income / (Loss)	-	6.35	5.48	-343	23	0.24	-2.66	-48	-39
Provision For Loan Losses	-	0.09	0.07	1.56	-0.43	0.08	0.70	-0.10	-0.36
Depreciation Expense	2.00	2.13	5.14	19	19	25	26	27	28
Non-Cash Adjustments to Reconcile Net Income	-0.25	2.21	0.97	332	-8.52	10	-21	48	38
Changes in Operating Assets and Liabilities, net	5.44	1.16	-6.86	37	-15	-0.05	-4.91	-3.35	-1.14
Net Cash From Investing Activities	-5.47	-6.37	2.78	-94	-41	-51	-1.51	-13	-20
Net Cash From Continuing Investing Activities	-5.47	-6.37	2.78	-94	-41	-51	-1.51	-13	-20
Purchase of Property, Leasehold Improvements and Equipment	-2.26	-3.08	-4.84	-0.66	-2.21	-6.29	-3.51	-13	-19
Purchase of Investment Securities	-0.76	-3.04	-0.11	-94	-43	-52	0.00	0.00	-1.66
Sale of Property, Leasehold Improvements and Equipment	0.03	0.00	0.29	0.26	3.25	7.79	2.00	0.05	0.21
Other Investing Activities, net	-2.46	-1.68	0.13	0.00	0.72	0.00	0.00	-0.05	0.00
Net Cash From Financing Activities	-9.69	-6.18	1.47	44	29	25	-5.90	-11	-11
Net Cash From Continuing Financing Activities	-9.69	-6.18	1.47	44	29	25	-5.90	-11	-11
Issuance of Debt	5.18	6.15	152	629	857	1,247	1,237	1,476	1,451
Repayment of Debt	-6.28	-11	-154	-585	-832	-1,222	-1,242	-1,486	-1,461
Payment of Dividends	-8.58	-1.16	-0.30	-0.18	-0.34	-0.19	-0.88	-0.50	0.00
Other Financing Activities, Net	-	0.00	2.87	-0.11	3.47	-0.30	-0.39	-0.18	-0.37
Cash Interest Paid	1.27	-	-	4.12	3.18	6.23	10	12	11
Cash Income Taxes Paid	0.29	-	-	0.80	9.53	8.66	4.04	2.51	0.36

This table details how cash moves in and out of Hf Foods Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-0.65	0.93	2.98	-4.25	-2.52	3.02	1.63	-0.45	-3.32	-3.69	2.42
Net Cash From Operating Activities	12	-22	11	-9.28	2.28	26	6.95	3.52	-5.99	21	15
Net Cash From Continuing Operating Activities	12	-22	11	-9.28	2.28	26	6.95	3.52	-5.99	21	15
Net Income / (Loss) Continuing Operations	1.97	2.72	-0.56	0.24	-3.84	-44	-1.53	0.51	-0.87	-37	1.36
Consolidated Net Income / (Loss)	1.97	2.72	-0.56	0.24	-3.84	-44	-1.53	0.51	-0.87	-37	1.36
Provision For Loan Losses	-	0.65	-0.04	-	-	-0.06	0.62	-0.00	-0.98	-	0.03
Depreciation Expense	6.42	6.37	6.68	6.59	6.67	6.75	6.76	7.26	7.25	7.11	7.52
Non-Cash Adjustments to Reconcile Net Income	-1.28	-22	-0.84	-4.18	4.70	49	1.21	1.49	-2.23	37	3.39
Changes in Operating Assets and Liabilities, net	4.77	-9.53	5.99	-12	-5.25	15	-0.11	-5.74	-9.15	14	3.00
Net Cash From Investing Activities	-1.07	1.08	-2.59	-3.75	-3.09	-3.13	-3.56	-3.03	-3.27	-11	-11
Net Cash From Continuing Investing Activities	-1.07	1.08	-2.59	-3.75	-3.09	-3.13	-3.56	-3.03	-3.27	-11	-11
Purchase of Property, Leasehold Improvements and Equipment	-1.97	-0.02	-2.59	-3.75	-3.10	-3.11	-3.57	-3.16	-3.28	-8.90	-15
Sale of Property, Leasehold Improvements and Equipment	-	1.10	0.00	-	0.01	0.04	0.01	0.13	0.01	0.05	4.21
Net Cash From Financing Activities	-11	22	-5.66	8.78	-1.72	-20	-1.75	-0.94	5.93	-14	-1.75
Net Cash From Continuing Financing Activities	-11	22	-5.66	8.78	-1.72	-20	-1.75	-0.94	5.93	-14	-1.75
Issuance of Debt	297	346	346	390	385	356	315	317	405	414	394
Repayment of Debt	-293	-338	-351	-381	-386	-368	-317	-317	-399	-428	-395
Payment of Dividends	-	-	-	-	-	-0.50	0.00	-	-	-	-0.84
Other Financing Activities, Net	-14	15	0.00	-0.13	-0.05	-7.53	-0.21	-0.16	-	-	0.21
Cash Interest Paid	-	-	-	-	-	-	12	-	-	-	2.74
Cash Income Taxes Paid	-	-	-	-	-	-	-0.09	-	-	-	0.23

This table presents Hf Foods Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	0.20	81	82	803	491	597	638	597	550	542
Cash and Due from Banks	0.04	6.09	5.49	15	9.58	15	24	15	14	8.64
Trading Account Securities	-	-	0.00	-	2.38	2.46	2.68	2.39	2.35	2.14
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Premises and Equipment, Net	-	22	23	38	143	146	140	133	150	163
Intangible Assets	-	-	0.00	187	26	36	36	31	25	25
Other Assets	0.00	53	54	157	242	318	349	330	320	342
Total Liabilities & Shareholders' Equity	0.20	81	82	803	491	597	638	597	550	542
Total Liabilities	0.18	54	48	195	227	302	341	309	309	338
Short-Term Debt	0.18	35	31	93	54	123	120	120	118	142
Accrued Interest Payable	0.00	0.99	-	2.61	8.85	12	20	17	18	15
Other Short-Term Payables	-	1.48	0.00	15	15	18	22	4.49	5.69	1.67
Long-Term Debt	-	14	13	20	93	93	127	120	123	125
Capital Lease Obligations	-	0.12	0.16	0.28	2.01	2.27	2.25	1.75	3.80	6.43
Other Long-Term Liabilities	0.00	1.79	3.57	65	54	53	51	45	40	48
Commitments & Contingencies	0.00	0.00	-	-	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	0.02	27	34	608	264	295	296	288	241	204
Total Preferred & Common Equity	0.02	26	33	603	259	291	292	287	239	202
Preferred Stock	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	0.02	26	33	603	259	291	292	287	239	202
Common Stock	0.03	22	23	600	588	597	598	603	604	606
Retained Earnings	-0.00	4.26	10	16	-328	-306	-307	-309	-357	-396
Treasury Stock	-	-	0.00	-12	-	-	0.00	-7.75	-7.75	-7.75
Noncontrolling Interest	-	1.09	1.10	4.25	4.37	4.04	4.44	1.32	2.00	1.54

This table presents Hf Foods Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	623	603	617	613	582	594	595	546
Cash and Due from Banks	14	18	14	11	16	16	12	11
Trading Account Securities	2.40	2.39	2.39	2.37	2.33	2.24	2.19	2.10
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Premises and Equipment, Net	135	138	144	146	160	158	159	177
Intangible Assets	32	29	28	26	24	28	27	24
Other Assets	354	330	344	341	341	351	356	332
Total Liabilities & Shareholders' Equity	623	603	617	613	582	594	595	546
Total Liabilities	330	315	328	327	342	352	354	341
Short-Term Debt	136	122	139	128	131	139	151	147
Accrued Interest Payable	17	17	16	20	16	18	15	14
Other Short-Term Payables	6.89	8.66	6.45	12	4.99	6.99	2.13	5.04
Long-Term Debt	122	122	123	122	129	128	127	120
Capital Lease Obligations	1.83	2.30	3.03	3.30	5.81	6.41	6.46	6.57
Other Long-Term Liabilities	46	42	41	42	56	54	52	49
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	292	288	289	286	240	241	241	205
Total Preferred & Common Equity	289	287	286	283	238	240	239	204
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	289	287	286	283	238	240	239	204
Common Stock	601	604	603	604	605	605	606	606
Retained Earnings	-311	-309	-309	-313	-359	-358	-359	-395
Treasury Stock	-	-7.75	-7.75	-7.75	-7.75	-7.75	-7.75	-7.75
Noncontrolling Interest	3.07	1.46	2.45	2.55	2.12	1.41	1.65	1.01

This table displays calculated financial ratios and metrics derived from Hf Foods Group's official financial filings.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	5,872,497.00	22,167,486.00	52,145,096.00	51,913,411.00	51,913,411.00	51,913,411.00	54,153,391.00	-	53,043,832.00
DEI Adjusted Shares Outstanding	5,872,497.00	22,167,486.00	52,145,096.00	51,913,411.00	51,913,411.00	51,913,411.00	54,153,391.00	-	53,043,832.00
DEI Earnings Per Adjusted Shares Outstanding	1.72	0.29	0.11	-6.61	0.44	0.00	-0.05	-	-0.74
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	-1.20%	32.92%	46.03%	39.86%	47.64%	-1.88%	4.63%	1.75%
EBITDA Growth	0.00%	-10.40%	14.46%	-2,530.07%	114.14%	-49.70%	-3.92%	-174.94%	-7.90%
EBIT Growth	0.00%	-13.47%	-13.81%	-4,278.91%	107.80%	-106.81%	-103.40%	-1,067.00%	-6.97%
NOPAT Growth	0.00%	-33.99%	-17.00%	-4,328.25%	109.31%	-578.73%	97.58%	-1,067.00%	-6.97%
Net Income Growth	0.00%	-36.96%	-13.75%	-6,363.12%	106.65%	-98.97%	-1,232.77%	-1,706.99%	18.28%
EPS Growth	0.00%	-37.50%	-40.00%	-3,761.11%	106.53%	-97.67%	-500.00%	-2,200.00%	20.65%
Operating Cash Flow Growth	0.00%	-21.81%	-59.78%	850.35%	-61.68%	102.16%	-104.66%	1,473.54%	12.56%
Free Cash Flow Firm Growth	0.00%	0.00%	-14,708.68%	110.52%	-217.92%	-76.25%	109.67%	-2.98%	-274.90%
Invested Capital Growth	0.00%	3.28%	812.57%	-42.70%	24.53%	6.16%	-2.94%	-8.19%	-1.99%
Revenue Q/Q Growth	0.00%	-33.26%	29.50%	-2.80%	10.88%	6.13%	-0.09%	2.61%	0.68%
EBITDA Q/Q Growth	0.00%	-27.66%	3.42%	-0.15%	26.17%	-50.15%	180.03%	-156.35%	24.51%
EBIT Q/Q Growth	0.00%	-31.56%	-19.32%	-0.87%	60.21%	-107.86%	79.73%	-1,439.07%	10.54%
NOPAT Q/Q Growth	0.00%	-43.63%	-22.87%	-0.87%	53.46%	-605.46%	84.57%	-376.89%	-0.19%
Net Income Q/Q Growth	0.00%	-45.17%	-21.43%	0.02%	62.27%	-98.28%	70.05%	-3,240.42%	14.23%
EPS Q/Q Growth	0.00%	-48.28%	-37.93%	0.45%	59.26%	-96.00%	75.00%	-4,500.00%	16.09%
Operating Cash Flow Q/Q Growth	0.00%	-18.35%	22.85%	-6.13%	37.71%	170.03%	-103.66%	378.80%	11.30%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	-9,219.59%	111.53%	-1,918.92%	-15.38%	-97.62%	102.39%	-21.23%
Invested Capital Q/Q Growth	0.00%	-0.88%	799.89%	-2.05%	16.85%	-6.16%	0.00%	-9.89%	-9.40%
Profitability Metrics	-	-	-	-	-	-	-	-	-
EBITDA Margin	4.41%	4.00%	3.44%	-57.31%	5.80%	1.97%	1.93%	-1.38%	-1.46%
EBIT Margin	3.73%	3.27%	2.12%	-60.65%	3.38%	-0.16%	-0.32%	-3.60%	-3.77%
Profit (Net Income) Margin	3.41%	2.18%	1.41%	-60.55%	2.88%	0.02%	-0.23%	-4.00%	-3.20%
Tax Burden Percent	94.18%	71.84%	69.18%	98.64%	83.52%	5,875.00%	101.56%	104.26%	86.82%
Interest Burden Percent	97.01%	92.65%	96.28%	101.21%	101.89%	-0.22%	70.61%	106.51%	97.72%
Effective Tax Rate	5.82%	28.16%	30.82%	0.00%	16.48%	-5,775.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	13.60%	8.83%	1.42%	-42.50%	4.84%	-20.25%	-0.48%	-5.97%	-6.74%
ROIC Less NNEP Spread (ROIC-NNEP)	12.97%	7.76%	1.15%	-120.95%	5.07%	25.68%	-0.51%	-13.29%	-9.40%
Return on Net Nonoperating Assets (RNNOA)	23.87%	11.88%	0.28%	-36.30%	3.34%	20.32%	-0.43%	-12.20%	-10.93%
Return on Equity (ROE)	37.47%	20.71%	1.71%	-78.79%	8.17%	0.08%	-0.91%	-18.18%	-17.67%
Cash Return on Invested Capital (CROIC)	0.00%	5.60%	-159.07%	11.80%	-17.01%	-26.22%	2.50%	2.57%	-4.73%
Operating Return on Assets (OROA)	27.29%	11.70%	1.86%	-53.16%	4.93%	-0.30%	-0.60%	-7.56%	-8.49%
Return on Assets (ROA)	24.93%	7.79%	1.24%	-53.07%	4.20%	0.04%	-0.43%	-8.39%	-7.20%
Return on Common Equity (ROCE)	35.95%	19.97%	1.69%	-78.01%	8.05%	0.08%	-0.90%	-18.06%	-17.53%
Return on Equity Simple (ROE_SIMPLE)	39.05%	19.05%	0.91%	-132.44%	7.84%	0.08%	-0.93%	-20.10%	-19.46%
Net Operating Profit after Tax (NOPAT)	10	6.86	5.69	-241	22	-107	-2.60	-30	-32
NOPAT Margin	3.51%	2.35%	1.47%	-42.46%	2.83%	-9.16%	-0.23%	-2.52%	-2.64%
Net Nonoperating Expense Percent (NNEP)	0.63%	1.07%	0.27%	78.45%	-0.23%	-45.92%	0.03%	7.31%	2.66%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	96.27%	96.73%	97.88%	160.65%	96.62%	99.67%	100.36%	104.07%	103.77%
Earnings before Interest and Taxes (EBIT)	11	9.55	8.23	-344	27	-1.83	-3.71	-43	-46
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	13	12	13	-325	46	23	22	-17	-18
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.24	8.84	1.69	1.51	1.51	0.72	1.01	0.71	0.56
Price to Tangible Book Value (P/TBV)	2.24	8.84	101.51	2.37	2.51	1.24	1.69	0.96	0.65
Price to Revenue (P/Rev)	0.20	1.01	2.62	0.69	0.55	0.18	0.25	0.14	0.09
Price to Earnings (P/E)	6.00	46.90	204.43	0.00	19.83	458.19	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	16.66%	2.13%	0.49%	0.00%	5.04%	0.22%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.34	4.24	1.55	1.29	1.26	0.81	0.98	0.83	0.80
Enterprise Value to Revenue (EV/Rev)	0.35	1.15	2.88	0.94	0.82	0.38	0.45	0.33	0.31
Enterprise Value to EBITDA (EV/EBITDA)	7.86	28.67	83.65	0.00	14.09	19.04	23.27	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	9.28	35.08	135.94	0.00	24.14	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	9.86	48.84	196.49	0.00	28.90	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	6.70	28.02	232.60	11.69	36.96	12.43	0.00	17.74	14.90
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	76.99	0.00	8.00	0.00	0.00	38.49	30.83	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	1.84	1.29	0.19	0.57	0.74	0.84	0.84	1.01	1.34
Long-Term Debt to Equity	0.53	0.39	0.03	0.36	0.32	0.44	0.42	0.53	0.64
Financial Leverage	1.84	1.53	0.24	0.30	0.66	0.79	0.84	0.92	1.16
Leverage Ratio	3.00	2.66	1.38	1.48	1.95	2.09	2.11	2.17	2.45
Compound Leverage Factor	2.91	2.46	1.33	1.50	1.98	0.00	1.49	2.31	2.40
Debt to Total Capital	64.79%	56.32%	15.61%	36.13%	42.58%	45.69%	45.60%	50.36%	57.27%
Short-Term Debt to Total Capital	45.98%	39.35%	12.85%	13.10%	23.94%	22.01%	22.62%	24.22%	29.74%
Long-Term Debt to Total Capital	18.81%	16.98%	2.76%	23.03%	18.64%	23.68%	22.99%	26.14%	27.53%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.43%	1.40%	0.59%	1.06%	0.79%	0.81%	0.25%	0.41%	0.32%
Common Equity to Total Capital	33.78%	42.28%	83.80%	62.81%	56.63%	53.50%	54.15%	49.23%	42.41%
Debt to EBITDA	3.80	3.81	8.41	-0.46	4.76	10.78	10.87	-14.71	-15.19
Net Debt to EBITDA	3.33	3.34	7.28	-0.43	4.44	9.73	10.19	-13.84	-14.71
Long-Term Debt to EBITDA	1.10	1.15	1.49	-0.29	2.08	5.59	5.48	-7.63	-7.30
Debt to NOPAT	4.76	6.48	19.75	-0.62	9.77	-2.32	-92.91	-8.07	-8.41
Net Debt to NOPAT	4.18	5.68	17.09	-0.58	9.11	-2.10	-87.05	-7.59	-8.14
Long-Term Debt to NOPAT	1.38	1.95	3.49	-0.39	4.28	-1.20	-46.83	-4.19	-4.04
Noncontrolling Interest Sharing Ratio	4.05%	3.58%	0.83%	0.99%	1.51%	1.43%	0.99%	0.63%	0.80%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	4.35	-635	67	-79	-139	13	13	-23
Operating Cash Flow to CapEx	682.55%	388.68%	105.69%	11,226.78%	0.00%	0.00%	-108.85%	181.10%	136.17%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	-19.26	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	4.28	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	4.53	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	7.31	3.58	0.88	0.88	1.46	1.90	1.86	2.10	2.25
Fixed Asset Turnover	0.00	13.17	12.90	6.29	5.49	8.18	8.40	8.50	7.85
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	76	79	720	413	514	545	529	486	476
Invested Capital Turnover	3.87	3.76	0.97	1.00	1.71	2.21	2.14	2.37	2.55
Increase / (Decrease) in Invested Capital	0.00	2.51	641	-307	101	32	-16	-43	-9.66
Enterprise Value (EV)	102	335	1,118	534	647	440	517	402	380
Market Capitalization	58	295	1,017	390	439	211	289	169	114
Book Value per Share	$4.39	$1.50	$11.57	$4.99	$5.60	$5.62	$5.29	$4.54	$3.81
Tangible Book Value per Share	$4.39	$1.50	$0.19	$3.17	$3.37	$3.28	$3.16	$3.33	$3.33
Total Capital	76	79	720	413	514	545	529	486	476
Total Debt	49	44	112	149	219	249	241	245	273
Total Long-Term Debt	14	13	20	95	96	129	122	127	131
Net Debt	43	39	97	139	204	225	226	230	264
Capital Expenditures (CapEx)	2.24	3.08	4.55	0.41	-1.04	-1.51	1.51	12	19
Net Nonoperating Expense (NNE)	0.31	0.50	0.21	103	-0.42	-107	0.06	18	6.87
Net Nonoperating Obligations (NNO)	49	44	112	149	219	249	241	245	273
Total Depreciation and Amortization (D&A)	2.00	2.13	5.14	19	19	25	26	27	28
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.06)	$0.30	$0.22	($6.58)	$0.00	$0.01	($0.04)	($0.92)	($0.73)
Adjusted Weighted Average Basic Shares Outstanding	5.87M	22.17M	52.15M	51.91M	0.00	53.76M	53.88M	52.55M	52.95M
Adjusted Diluted Earnings per Share	($0.06)	$0.30	$0.22	($6.58)	$0.00	$0.01	($0.04)	($0.92)	($0.73)
Adjusted Weighted Average Diluted Shares Outstanding	5.87M	22.17M	52.15M	51.91M	0.00	53.86M	53.88M	52.55M	52.95M
Adjusted Basic & Diluted Earnings per Share	($0.06)	$0.30	$0.22	($6.58)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.37M	20.99M	27.11M	52.10M	0.00	53.83M	52.16M	52.74M	53.04M
Normalized Net Operating Profit after Tax (NOPAT)	10	6.86	5.69	-3.93	21	-1.85	-1.49	0.90	-3.96
Normalized NOPAT Margin	3.51%	2.35%	1.47%	-0.69%	2.67%	-0.16%	-0.13%	0.08%	-0.32%
Pre Tax Income Margin	3.62%	3.03%	2.04%	-61.38%	3.45%	0.00%	-0.23%	-3.84%	-3.69%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	6.55	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	5.47	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	6.81	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	5.73	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	85.18%	18.28%	5.53%	-0.05%	1.48%	79.57%	-33.21%	-1.04%	0.00%
Augmented Payout Ratio	85.18%	18.28%	5.53%	-0.05%	1.48%	79.57%	-33.21%	-1.04%	0.00%

This table displays calculated financial ratios and metrics derived from Hf Foods Group's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	54,145,924.00	54,153,391.00	52,155,968.00	52,610,847.00	52,730,183.00	-	52,737,650.00	53,014,705.00	55,012,128.00	53,043,832.00	53,043,832.00
DEI Adjusted Shares Outstanding	54,145,924.00	54,153,391.00	52,155,968.00	52,610,847.00	52,730,183.00	-	52,737,650.00	53,014,705.00	55,012,128.00	53,043,832.00	53,043,832.00
DEI Earnings Per Adjusted Shares Outstanding	0.04	0.05	-0.01	0.00	-0.07	-	-0.03	0.01	-0.02	-0.71	0.03
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-6.37%	-2.90%	1.60%	5.26%	5.98%	6.75%	0.90%	2.30%	2.88%	0.90%	4.55%
EBITDA Growth	139.21%	416.14%	474.01%	139.62%	-84.21%	-489.86%	-29.49%	-33.74%	332.98%	0.79%	59.97%
EBIT Growth	146.77%	141.79%	89.89%	458.59%	-474.52%	-1,242.89%	-216.43%	-88.36%	65.55%	-0.20%	64.68%
NOPAT Growth	168.06%	123.38%	89.89%	165.64%	-357.38%	-1,248.47%	-216.43%	-55.06%	65.55%	-0.20%	28.66%
Net Income Growth	150.69%	177.63%	90.36%	115.06%	-294.38%	-1,714.88%	-173.70%	117.02%	77.22%	14.85%	188.63%
EPS Growth	142.86%	200.00%	90.91%	100.00%	-333.33%	-1,500.00%	-200.00%	0.00%	71.43%	16.67%	166.67%
Operating Cash Flow Growth	276.81%	-178.25%	-10.71%	-141.87%	-80.79%	216.45%	-38.10%	137.92%	-362.04%	14.05%	120.03%
Free Cash Flow Firm Growth	505.41%	143.57%	60.68%	-110.37%	-193.22%	-26.39%	916.33%	3,242.23%	102.26%	-246.46%	-6.35%
Invested Capital Growth	0.00%	-2.94%	0.52%	0.35%	0.00%	-8.19%	-5.47%	-7.14%	-2.52%	-1.99%	-5.34%
Revenue Q/Q Growth	-3.71%	0.67%	4.35%	4.06%	-3.05%	1.40%	-2.25%	5.50%	-2.50%	0.34%	1.29%
EBITDA Q/Q Growth	58.61%	34.17%	-44.67%	103.53%	-89.55%	-3,411.75%	111.56%	91.26%	-31.68%	-756.54%	118.65%
EBIT Q/Q Growth	197.97%	189.50%	-119.90%	735.49%	-202.32%	-783.46%	93.77%	123.38%	-402.76%	-2,172.38%	97.80%
NOPAT Q/Q Growth	242.56%	75.06%	-122.61%	216.33%	-658.98%	-681.15%	93.77%	116.52%	-528.43%	-2,172.38%	95.56%
Net Income Q/Q Growth	226.54%	37.84%	-120.54%	142.04%	-1,732.77%	-1,045.19%	96.52%	133.33%	-271.37%	-4,181.12%	103.62%
EPS Q/Q Growth	250.00%	100.00%	-116.67%	100.00%	0.00%	-1,100.00%	96.43%	166.67%	-200.00%	-3,400.00%	102.86%
Operating Cash Flow Q/Q Growth	409.85%	-287.29%	150.40%	-182.71%	124.60%	890.22%	-62.26%	-49.34%	-270.03%	450.83%	-27.19%
Free Cash Flow Firm Q/Q Growth	4,660.38%	-96.81%	-118.04%	62.20%	-42,709.22%	102.52%	100.10%	45.50%	-69.20%	-263.35%	227.95%
Invested Capital Q/Q Growth	-100.00%	0.00%	1.00%	3.66%	-2.68%	-9.89%	3.99%	1.83%	2.16%	-9.40%	0.43%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	2.80%	3.73%	1.98%	3.86%	0.42%	-13.61%	1.38%	2.50%	1.75%	-11.47%	2.11%
EBIT Margin	0.51%	1.48%	-0.28%	1.72%	-1.82%	-15.83%	-0.88%	0.20%	-0.61%	-13.78%	-0.30%
Profit (Net Income) Margin	0.70%	0.96%	-0.19%	0.08%	-1.29%	-14.52%	-0.51%	0.16%	-0.28%	-12.15%	0.43%
Tax Burden Percent	101.86%	56.51%	75.54%	12.81%	75.37%	104.27%	62.14%	49.47%	53.49%	88.63%	141.40%
Interest Burden Percent	133.84%	114.86%	88.73%	34.60%	93.88%	87.96%	93.29%	167.10%	87.47%	99.45%	-102.90%
Effective Tax Rate	-1.86%	43.49%	0.00%	87.19%	0.00%	0.00%	0.00%	50.53%	0.00%	0.00%	-41.40%
Return on Invested Capital (ROIC)	0.00%	1.95%	-0.43%	0.47%	-5.59%	-23.20%	-1.44%	0.22%	-0.98%	-24.62%	-1.07%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	2.00%	-0.42%	0.30%	-5.62%	-29.07%	-1.32%	0.30%	-0.81%	-27.60%	-0.07%
Return on Net Nonoperating Assets (RNNOA)	0.00%	1.68%	-0.35%	0.27%	-5.00%	-26.71%	-1.28%	0.30%	-0.83%	-32.11%	-0.09%
Return on Equity (ROE)	0.00%	3.63%	-0.78%	0.73%	-10.59%	-49.90%	-2.72%	0.52%	-1.81%	-56.73%	-1.16%
Cash Return on Invested Capital (CROIC)	0.00%	2.50%	-0.14%	0.70%	-202.36%	2.57%	-0.45%	0.88%	-3.53%	-4.73%	-0.87%
Operating Return on Assets (OROA)	0.00%	2.75%	-0.53%	3.25%	-3.52%	-33.19%	-1.81%	0.39%	-1.23%	-31.01%	-0.66%
Return on Assets (ROA)	0.00%	1.79%	-0.36%	0.14%	-2.49%	-30.44%	-1.05%	0.32%	-0.58%	-27.34%	0.96%
Return on Common Equity (ROCE)	0.00%	3.59%	-0.77%	0.73%	-10.49%	-49.59%	-2.70%	0.52%	-1.80%	-56.28%	-1.15%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.90%	1.53%	-0.51%	0.00%	-20.62%	-20.36%	-19.16%	0.00%	-17.88%
Net Operating Profit after Tax (NOPAT)	1.47	2.58	-0.58	0.68	-3.80	-30	-1.85	0.31	-1.31	-30	-1.32
NOPAT Margin	0.52%	0.91%	-0.20%	0.22%	-1.27%	-9.80%	-0.62%	0.10%	-0.43%	-9.65%	-0.42%
Net Nonoperating Expense Percent (NNEP)	0.00%	-0.06%	-0.01%	0.17%	0.03%	5.88%	-0.12%	-0.08%	-0.16%	2.98%	-0.99%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	99.49%	98.52%	100.28%	98.28%	101.82%	115.83%	100.88%	99.80%	100.61%	113.78%	100.30%
Earnings before Interest and Taxes (EBIT)	1.45	4.19	-0.83	5.30	-5.42	-48	-2.64	0.62	-1.87	-42	-0.93
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	7.87	11	5.84	12	1.24	-41	4.12	7.88	5.38	-35	6.59
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	1.01	0.64	0.55	0.67	0.71	1.09	0.70	0.63	0.56	0.48
Price to Tangible Book Value (P/TBV)	0.00	1.69	1.06	0.91	1.10	0.96	1.47	0.98	0.87	0.65	0.55
Price to Revenue (P/Rev)	0.19	0.25	0.16	0.14	0.16	0.14	0.21	0.14	0.12	0.09	0.08
Price to Earnings (P/E)	0.00	0.00	59.56	40.14	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	1.68%	2.49%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.98	0.77	0.74	0.80	0.83	1.01	0.83	0.81	0.80	0.76
Enterprise Value to Revenue (EV/Rev)	0.00	0.45	0.36	0.35	0.37	0.33	0.42	0.35	0.35	0.31	0.29
Enterprise Value to EBITDA (EV/EBITDA)	0.00	23.27	14.10	11.39	14.67	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	123.90	40.75	133.89	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	201.41	70.52	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	17.74	27.76	13.73	18.61	14.90	10.70
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	38.49	0.00	105.82	0.00	30.83	0.00	91.03	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.84	0.86	0.92	0.89	1.01	1.10	1.13	1.18	1.34	1.34
Long-Term Debt to Equity	0.00	0.42	0.43	0.44	0.44	0.53	0.56	0.56	0.55	0.64	0.62
Financial Leverage	0.00	0.84	0.84	0.90	0.89	0.92	0.97	1.02	1.02	1.16	1.21
Leverage Ratio	0.00	2.11	2.10	2.13	2.15	2.17	2.24	2.28	2.29	2.45	2.54
Compound Leverage Factor	0.00	2.43	1.86	0.74	2.01	1.91	2.09	3.82	2.01	2.44	-2.61
Debt to Total Capital	0.00%	45.60%	46.11%	47.90%	47.05%	50.36%	52.49%	53.16%	54.19%	57.27%	57.22%
Short-Term Debt to Total Capital	0.00%	22.62%	22.86%	25.08%	23.75%	24.22%	25.90%	26.95%	28.79%	29.74%	30.74%
Long-Term Debt to Total Capital	0.00%	22.99%	23.25%	22.82%	23.30%	26.14%	26.59%	26.20%	25.41%	27.53%	26.48%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.25%	0.27%	0.44%	0.47%	0.41%	0.42%	0.27%	0.31%	0.32%	0.21%
Common Equity to Total Capital	0.00%	54.15%	53.62%	51.66%	52.48%	49.23%	47.09%	46.57%	45.49%	42.41%	42.57%
Debt to EBITDA	0.00	10.87	8.43	7.34	8.59	-14.71	-14.45	-9.80	-11.98	-15.19	-17.68
Net Debt to EBITDA	0.00	10.19	7.81	6.96	8.21	-13.84	-13.57	-9.24	-11.46	-14.71	-16.97
Long-Term Debt to EBITDA	0.00	5.48	4.25	3.50	4.26	-7.63	-7.32	-4.83	-5.62	-7.30	-8.18
Debt to NOPAT	0.00	-92.91	120.43	45.47	-39.91	-8.07	-8.40	-7.85	-8.80	-8.41	-8.76
Net Debt to NOPAT	0.00	-87.05	111.53	43.07	-38.11	-7.59	-7.89	-7.40	-8.42	-8.14	-8.41
Long-Term Debt to NOPAT	0.00	-46.83	60.73	21.66	-19.77	-4.19	-4.25	-3.87	-4.13	-4.04	-4.06
Noncontrolling Interest Sharing Ratio	0.00%	0.99%	1.04%	0.95%	0.89%	0.63%	0.68%	0.73%	0.80%	0.80%	0.70%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	583	19	-3.36	-1.27	-543	14	27	40	12	-20	26
Operating Cash Flow to CapEx	602.74%	0.00%	434.20%	-247.81%	73.87%	843.14%	194.95%	116.25%	-183.03%	237.25%	137.49%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	1.86	1.90	1.89	1.93	2.10	2.04	2.00	2.02	2.25	2.20
Fixed Asset Turnover	0.00	8.40	8.33	8.38	8.11	8.50	8.11	8.03	8.01	7.85	7.37
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	529	535	554	539	486	505	515	526	476	478
Invested Capital Turnover	0.00	2.14	2.16	2.11	4.40	2.37	2.33	2.27	2.29	2.55	2.52
Increase / (Decrease) in Invested Capital	-581	-16	2.77	1.95	539	-43	-29	-40	-14	-9.66	-27
Enterprise Value (EV)	0.00	517	412	412	433	402	510	428	426	380	362
Market Capitalization	215	289	183	158	188	169	258	169	152	114	98
Book Value per Share	$0.00	$5.29	$5.50	$5.44	$5.37	$4.54	$4.51	$4.52	$4.35	$3.81	$3.84
Tangible Book Value per Share	$0.00	$3.16	$3.31	$3.30	$3.25	$3.33	$3.33	$3.26	$3.16	$3.33	$3.38
Total Capital	0.00	529	535	554	539	486	505	515	526	476	478
Total Debt	0.00	241	247	265	254	245	265	274	285	273	274
Total Long-Term Debt	0.00	122	124	126	126	127	134	135	134	131	127
Net Debt	0.00	226	228	252	242	230	249	258	273	264	263
Capital Expenditures (CapEx)	1.97	-1.08	2.59	3.75	3.09	3.08	3.56	3.03	3.27	8.85	11
Net Nonoperating Expense (NNE)	-0.50	-0.14	-0.02	0.44	0.04	14	-0.32	-0.20	-0.43	7.70	-2.67
Net Nonoperating Obligations (NNO)	0.00	241	247	265	254	245	265	274	285	273	274
Total Depreciation and Amortization (D&A)	6.42	6.37	6.68	6.59	6.67	6.75	6.76	7.26	7.25	7.11	7.52
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.06	($0.01)	$0.00	($0.07)	($0.84)	($0.03)	$0.02	($0.02)	($0.70)	$0.02
Adjusted Weighted Average Basic Shares Outstanding	0.00	53.88M	52.16M	52.59M	52.73M	52.55M	52.74M	52.97M	53.03M	52.95M	53.05M
Adjusted Diluted Earnings per Share	$0.00	$0.06	($0.01)	$0.00	($0.07)	($0.84)	($0.03)	$0.02	($0.02)	($0.70)	$0.02
Adjusted Weighted Average Diluted Shares Outstanding	0.00	53.88M	52.16M	52.66M	52.73M	52.55M	52.74M	53.41M	53.03M	52.95M	53.93M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	52.16M	52.61M	52.73M	52.74M	52.74M	53.01M	55.01M	53.04M	53.04M	53.48M
Normalized Net Operating Profit after Tax (NOPAT)	-0.38	4.66	-1.96	3.46	-1.49	-32	-1.02	0.91	-1.27	-30	-1.24
Normalized NOPAT Margin	-0.13%	1.64%	-0.66%	1.12%	-0.50%	-10.41%	-0.34%	0.29%	-0.42%	-9.66%	-0.40%
Pre Tax Income Margin	0.69%	1.70%	-0.25%	0.60%	-1.71%	-13.93%	-0.83%	0.33%	-0.53%	-13.71%	0.31%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-9.95%	-33.21%	0.00%	0.00%	0.00%	-1.04%	0.00%	0.00%	0.00%	0.00%	-2.29%
Augmented Payout Ratio	-9.95%	-33.21%	0.00%	0.00%	0.00%	-1.04%	0.00%	0.00%	0.00%	0.00%	-2.29%

Financials Breakdown Chart

Key Financial Trends

HF Foods Group (NASDAQ: HFFG) is showing a mixed but improving operating picture, with a meaningful turnaround in profitability and cash generation in Q1 2026 versus the weak quarter and year-ago periods. Revenue growth remains modest, margins are still thin, and the balance sheet continues to carry a sizable debt load, but the most recent quarter showed a clear rebound in earnings and operating cash flow.

Profitability improved sharply in Q1 2026. HF Foods posted net income of $1.4 million, or $0.02 per share, versus a $37.4 million loss in Q4 2025 and a $1.5 million loss in Q1 2025.
Operating cash flow was solid. The company generated $15.3 million in operating cash flow in Q1 2026, up from $3.5 million in Q2 2025 and a negative $5.9 million in Q3 2025.
Cash generation has been more stable than reported earnings over the last year. Even during weaker earnings periods, HF Foods often produced positive operating cash flow, suggesting the core business can still convert sales into cash.
Revenue continues to trend upward. Q1 2026 revenue was $312.0 million, slightly above $308.0 million in Q4 2025 and $298.4 million in Q1 2025.
Equity increased modestly in Q1 2026. Total equity and noncontrolling interests rose to $204.7 million from $241.1 million in Q2 2025, though this is still below prior-year levels and reflects the company’s volatile results.
Gross operating performance remains close to break-even. In Q1 2026, revenue of $312.0 million was only slightly above total non-interest expense of $312.9 million, leaving little room for error.
Depreciation remains significant. Non-cash depreciation was $7.5 million in Q1 2026, which is a reminder that HF Foods’ asset base is capital intensive.
Capital spending continues. The company spent $15.3 million on property and equipment in Q1 2026, though it also sold $4.2 million of assets.
Shares outstanding have been relatively stable. Basic shares moved only slightly, suggesting dilution has not been a major issue in the most recent quarters.
Debt remains elevated. At March 31, 2026, HF Foods had about $147.1 million in short-term debt and $120.1 million in long-term debt, plus $6.6 million in capital lease obligations.
Liquidity is not especially strong. Cash and equivalents were just $11.1 million at quarter-end, which is low relative to total liabilities of $341.2 million.
Retained earnings are still deeply negative. Retained earnings stood at negative $394.8 million, reflecting years of accumulated losses.
Quarterly earnings remain fragile. While Q1 2026 was profitable, the company’s recent history includes a large Q4 2025 loss of $37.4 million and several quarters of very slim profits or losses.
Interest payments are meaningful. The company paid $2.7 million in cash interest in Q1 2026, which eats into earnings and cash flow.

Bottom line: HF Foods looks materially better in Q1 2026 than it did in late 2025, with a return to profitability and strong operating cash flow. Still, investors should keep an eye on leverage, thin margins, and the company’s ability to sustain earnings improvement over multiple quarters rather than one rebound quarter.

07/14/26 08:53 AM ETAI Generated. May Contain Errors.

Hf Foods Group Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Hf Foods Group's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Over the last 8 years, Hf Foods Group's net income changed from $10.08 million in 2017 to -$39.31 million in 2025, a change of -490.1%. Find out what analysts predict for Hf Foods Group in the coming months.

Over the last 8 years, Hf Foods Group's total revenue changed from $295.57 million in 2017 to $1.23 billion in 2025, a change of 315.6%.

Hf Foods Group's total liabilities were at $337.94 million at the end of 2025, a 9.5% increase from 2024, and a 192,487.5% increase since 2016.

In the past 9 years, Hf Foods Group's cash and equivalents has ranged from $44.96 thousand in 2016 to $24.29 million in 2022, and is currently $8.64 million as of their latest financial filing in 2025.

Over the last 8 years, Hf Foods Group's book value per share changed from 4.39 in 2017 to 3.81 in 2025, a change of -13.3%.

Related Companies

Financial statements for NASDAQ:HFFG last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hf Foods Group (HFFG) Financials

Financials Breakdown Chart

Key Financial Trends

Hf Foods Group Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Hf Foods Group (HFFG) Financials

Annual Income Statements for Hf Foods Group

Quarterly Income Statements for Hf Foods Group

Annual Cash Flow Statements for Hf Foods Group

Quarterly Cash Flow Statements for Hf Foods Group

Annual Balance Sheets for Hf Foods Group

Quarterly Balance Sheets for Hf Foods Group

Annual Metrics And Ratios for Hf Foods Group

Quarterly Metrics And Ratios for Hf Foods Group

Financials Breakdown Chart

Key Financial Trends

Hf Foods Group Financials - Frequently Asked Questions

When does Hf Foods Group's fiscal year end?

How has Hf Foods Group's net income changed over the last 8 years?

How has Hf Foods Group's revenue changed over the last 8 years?

How much debt does Hf Foods Group have?

How much cash does Hf Foods Group have?

How has Hf Foods Group's book value per share changed over the last 8 years?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools