HF Foods Group Inc. (HFFG) 10-Year Financial Performance & Capital Metrics

HFFG • • Industrial / General

Consumer DefensiveFood DistributionSpecialty Food DistributionEthnic & Specialty Cuisine Distributors

AboutHF Foods Group Inc., through its subsidiaries, operates as a food service distributor to Asian restaurants located in the Southeastern, Pacific, and Mountain West regions of the United States. It distributes Asian specialty food items, meat and poultry products, seafood, fresh produce, packaging and other items, and commodities. The company also provides design and printing services, as well as logistic and food processing services. In addition, it is involved in real estate holding activities. The company is headquartered in City of Industry, California.Show more

Revenue $1.2B +4.6%
EBITDA -$12M -135.7%
Net Income -$49M -2131.4%
EPS (Diluted) -0.92 -2177.2%
Gross Margin 17.08% -3.9%
EBITDA Margin -1.04% -134.1%
Operating Margin -3.26% -517.0%
Net Margin -4.04% -2032.6%
ROE -18.33% -2363.2%
ROIC -6.43% -565.0%
Debt/Equity 0.87 +23.2%
Interest Coverage -3.43 -538.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 25.4%
✓Share count reduced 2.5% through buybacks
✓Trading at only 0.5x book value
✓Efficient asset utilization: 2.2x turnover

✗Weaknesses

✗Weak momentum: RS Rating 15 (bottom 15%)
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y25.36%

3Y14.67%

TTM3.98%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-2301.64%

EPS CAGR

10Y-

5Y-

3Y-

TTM-2207.53%

ROCE

10Y Avg0.56%

5Y Avg-12.06%

3Y Avg-1.63%

Latest-9.12%

Peer Comparison

Ethnic & Specialty Cuisine Distributors

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
VSTDVestand Inc.	4.75M	0.34	-0.67	39.33%	-23.83%	-70.69%	2.4%	60.28
HFFGHF Foods Group Inc.	115.11M	2.17	-2.36	4.63%	-3.71%	-18.87%	8.77%	0.87
CCHHCCH Holdings Ltd Ordinary Shares	8.43M	0.44		-8.79%	10.25%	17.68%		0.55

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	279.5M	295.55M	291.01M	388.16M	566.83M	796.88M	1.17B	1.15B	1.2B
Revenue Growth %	-	0.06%	-0.02%	0.33%	0.46%	0.41%	0.47%	-0.02%	0.05%
Cost of Goods Sold+	243.19M	251.62M	241.44M	324.95M	466.08M	645.37M	964.96M	944.46M	996.47M
COGS % of Revenue	0.87%	0.85%	0.83%	0.84%	0.82%	0.81%	0.82%	0.82%	0.83%
Gross Profit+	36.31M	43.93M	49.57M	63.21M	100.75M	151.51M	205.51M	204.03M	205.19M
Gross Margin %	0.13%	0.15%	0.17%	0.16%	0.18%	0.19%	0.18%	0.18%	0.17%
Gross Profit Growth %	-	0.21%	0.13%	0.28%	0.59%	0.5%	0.36%	-0.01%	0.01%
Operating Expenses+	30.21M	32.92M	41.04M	54.93M	444.55M	122.03M	194.95M	195.06M	244.33M
OpEx % of Revenue	0.11%	0.11%	0.14%	0.14%	0.78%	0.15%	0.17%	0.17%	0.2%
Selling, General & Admin	30.58M	32.92M	41.04M	54.93M	106.36M	122.03M	200.7M	195.06M	198.03M
SG&A % of Revenue	0.11%	0.11%	0.14%	0.14%	0.19%	0.15%	0.17%	0.17%	0.16%
Research & Development	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	338.19M	0	-5.74M	0	46.3M
Operating Income+	5.73M	11.01M	8.53M	3M	-343.8M	29.48M	10.56M	8.97M	-39.13M
Operating Margin %	0.02%	0.04%	0.03%	0.01%	-0.61%	0.04%	0.01%	0.01%	-0.03%
Operating Income Growth %	-	0.92%	-0.23%	-0.65%	-115.63%	1.09%	-0.64%	-0.15%	-5.36%
EBITDA+	7.61M	13.01M	10.66M	8.07M	-324.88M	50.9M	35.49M	34.89M	-12.46M
EBITDA Margin %	0.03%	0.04%	0.04%	0.02%	-0.57%	0.06%	0.03%	0.03%	-0.01%
EBITDA Growth %	-	0.71%	-0.18%	-0.24%	-41.28%	1.16%	-0.3%	-0.02%	-1.36%
D&A (Non-Cash Add-back)	1.89M	2M	2.13M	5.07M	18.92M	21.42M	24.94M	25.92M	26.68M
EBIT	5.73M	12.04M	10.22M	9.75M	-343.62M	31.41M	7.46M	8.86M	-34.71M
Net Interest Income+	0	-1.32M	-879.15K	-1.24M	-4.32M	-4.09M	-7.46M	-11.48M	-11.43M
Interest Income	1.07M	21.11K	493.36K	418.53K	0	0	0	0	0
Interest Expense	0	1.34M	1.37M	1.66M	4.32M	4.09M	7.46M	11.48M	11.43M
Other Income/Expense	-705.08K	-308.75K	317.84K	-134.62K	-4.14M	-2.16M	-10.55M	-11.59M	-7M
Pretax Income+	5.02M	10.7M	8.84M	8.09M	-347.94M	27.32M	4K	-2.62M	-46.14M
Pretax Margin %	0.02%	0.04%	0.03%	0.02%	-0.61%	0.03%	0%	-0%	-0.04%
Income Tax+	191.92K	623.27K	2.49M	2.2M	-4.72M	4.5M	-231K	41K	1.97M
Effective Tax Rate %	0.94%	0.9%	0.71%	0.67%	0.99%	0.81%	115%	0.83%	1.05%
Net Income+	4.72M	9.65M	6.29M	5.39M	-343.51M	22.14M	460K	-2.17M	-48.51M
Net Margin %	0.02%	0.03%	0.02%	0.01%	-0.61%	0.03%	0%	-0%	-0.04%
Net Income Growth %	-	1.05%	-0.35%	-0.14%	-64.74%	1.06%	-0.98%	-5.73%	-21.31%
Net Income (Continuing)	4.83M	10.08M	6.35M	5.9M	-343.22M	22.82M	235K	-2.66M	-48.1M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	659.2K	1.09M	1.1M	4.25M	4.37M	4.04M	4.44M	1.32M	2M
EPS (Diluted)+	47.15	0.43	0.30	0.20	-6.58	0.43	0.01	-0.04	-0.92
EPS Growth %	-	-0.99%	-0.3%	-0.33%	-33.9%	1.07%	-0.98%	-	-21.77%
EPS (Basic)	47.15	0.43	0.30	0.20	-6.58	0.43	0.01	-0.04	-0.92
Diluted Shares Outstanding	100K	22.56M	20.99M	27.11M	52.1M	52.09M	53.86M	53.88M	52.55M
Basic Shares Outstanding	100K	22.56M	20.99M	27.11M	52.1M	51.92M	53.76M	53.88M	52.55M
Dividend Payout Ratio	1.14%	0.89%	0.18%	0.06%	-	0.02%	0.41%	-	-

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	51.54M	49.89M	59.04M	151.42M	99.05M	159.57M	197.92M	178.83M	178.1M
Cash & Short-Term Investments	5.96M	6.09M	5.49M	14.54M	9.58M	14.79M	24.29M	15.23M	14.47M
Cash Only	5.96M	6.09M	5.49M	14.54M	9.58M	14.79M	24.29M	15.23M	14.47M
Short-Term Investments	0	0	0	0	0	0	0	0	0
Accounts Receivable	16.97M	16.29M	28.62M	54.23M	26.12M	36.53M	44.4M	47.83M	54.35M
Days Sales Outstanding	22.16	20.11	35.9	50.99	16.82	16.73	13.85	15.2	16.51
Inventory	23.52M	22.67M	22.18M	77.53M	58.53M	102.69M	120.29M	105.62M	97.78M
Days Inventory Outstanding	35.3	32.88	33.52	87.09	45.84	58.08	45.5	40.82	35.82
Other Current Assets	5.1M	4.85M	1.23M	4.37M	4.61M	5.56M	8.94M	2.21M	1.46M
Total Non-Current Assets+	21.07M	30.77M	23.43M	651.42M	391.55M	437.38M	439.61M	417.69M	371.89M
Property, Plant & Equipment	15M	21.71M	22.65M	54.69M	144.16M	157.57M	154.49M	145.85M	163.52M
Fixed Asset Turnover	18.63x	13.61x	12.85x	7.10x	3.93x	5.06x	7.58x	7.87x	7.35x
Goodwill	0	0	0	406.7M	68.51M	80.26M	85.12M	85.12M	38.81M
Intangible Assets	0	0	0	186.69M	175.8M	195.05M	194.09M	177.81M	161.53M
Long-Term Investments	0	7.62M	423.26K	2.3M	2.38M	2.46M	2.68M	2.39M	2.35M
Other Non-Current Assets	6.07M	1.44M	665.69K	963.88K	636.52K	2.03M	3.23M	6.53M	5.68M
Total Assets+	72.62M	80.66M	82.48M	802.84M	490.59M	596.95M	637.53M	596.52M	549.99M
Asset Turnover	3.85x	3.66x	3.53x	0.48x	1.16x	1.33x	1.84x	1.93x	2.18x
Asset Growth %	-	0.11%	0.02%	8.73%	-0.39%	0.22%	0.07%	-0.06%	-0.08%
Total Current Liabilities+	38.34M	38.96M	33.59M	110.45M	79.73M	155.26M	163.89M	143.26M	145.2M
Accounts Payable	21.1M	21.35M	21.4M	44.21M	29.64M	57.74M	55.52M	51.62M	50.59M
Days Payables Outstanding	31.67	30.97	32.35	49.66	23.21	32.66	21	19.95	18.53
Short-Term Debt	14.83M	13.27M	9.65M	58.95M	38.76M	78.68M	81.27M	68.51M	68.58M
Deferred Revenue (Current)	0	1000K	227.9K	0	0	0	0	1000K	1000K
Other Current Liabilities	1.13M	0	-455.79K	73.16K	0	6.05M	8.08M	13.27M	13.43M
Current Ratio	1.34x	1.28x	1.76x	1.37x	1.24x	1.03x	1.21x	1.25x	1.23x
Quick Ratio	0.73x	0.70x	1.10x	0.67x	0.51x	0.37x	0.47x	0.51x	0.55x
Cash Conversion Cycle	25.79	22.03	37.07	88.42	39.45	42.15	38.35	36.07	33.79
Total Non-Current Liabilities+	9.92M	14.8M	14.43M	84.74M	147.34M	146.69M	177.39M	165.27M	163.5M
Long-Term Debt	9.34M	14.25M	13.11M	18.54M	95.01M	86.31M	115.44M	108.71M	103.32M
Capital Lease Obligations	552.54K	118.53K	120.7K	13.89M	6.01M	20.93M	22.03M	20.64M	30.05M
Deferred Tax Liabilities	0	436.21K	1.2M	52.32M	46.33M	39.45M	34.44M	29.03M	29.39M
Other Non-Current Liabilities	26.24K	0	0	0	0	0	5.47M	6.89M	728K
Total Liabilities	48.26M	53.76M	48.01M	195.19M	227.07M	301.96M	341.28M	308.54M	308.7M
Total Debt+	25.09M	28.07M	23.05M	95.97M	142.25M	190.68M	224.67M	203.32M	209.93M
Net Debt	19.14M	21.98M	17.56M	81.43M	132.67M	175.89M	200.38M	188.09M	195.47M
Debt / Equity	1.03x	1.04x	0.67x	0.16x	0.54x	0.65x	0.76x	0.71x	0.87x
Debt / EBITDA	3.30x	2.16x	2.16x	11.90x	-	3.75x	6.33x	5.83x	-
Net Debt / EBITDA	2.51x	1.69x	1.65x	10.10x	-	3.46x	5.65x	5.39x	-
Interest Coverage	-	8.22x	6.21x	1.81x	-79.56x	7.21x	1.42x	0.78x	-3.43x
Total Equity+	24.36M	26.9M	34.46M	607.66M	263.52M	294.99M	296.25M	287.98M	241.29M
Equity Growth %	-	0.1%	0.28%	16.63%	-0.57%	0.12%	0%	-0.03%	-0.16%
Book Value per Share	243.58	1.19	1.64	22.41	5.06	5.66	5.50	5.35	4.59
Total Shareholders' Equity	23.7M	25.81M	33.36M	603.41M	259.15M	290.95M	291.81M	286.66M	239.29M
Common Stock	0	2K	2.22K	5.3K	5K	5K	5K	5K	5K
Retained Earnings	9.98M	4.26M	10.43M	15.82M	-328.43M	-306.28M	-306.51M	-308.69M	-357.2M
Treasury Stock	0	0	0	-12.04M	0	0	0	-7.75M	-7.75M
Accumulated OCI	0	-16.21M	-18.17M	0	0	0	0	0	0
Minority Interest	659.2K	1.09M	1.1M	4.25M	4.37M	4.04M	4.44M	1.32M	2M

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	4.55M	15.29M	11.95M	4.67M	45.69M	17.51M	35.4M	-1.65M	22.64M
Operating CF Margin %	0.02%	0.05%	0.04%	0.01%	0.08%	0.02%	0.03%	-0%	0.02%
Operating CF Growth %	-	2.36%	-0.22%	-0.61%	8.79%	-0.62%	1.02%	-1.05%	14.74%
Net Income	4.72M	10.08M	6.35M	5.39M	-343.22M	22.82M	235K	-2.66M	-48.1M
Depreciation & Amortization	1.89M	2M	2.13M	5.07M	18.92M	19.13M	24.94M	25.92M	26.68M
Stock-Based Compensation	0	0	0	0	0	635K	1.26M	3.35M	2.09M
Deferred Taxes	0	-125.85K	641.92K	-250.71K	-5.92M	-6.87M	-5.01M	-5.42M	364K
Other Non-Cash Items	-2.85M	195.99K	91K	2.31M	340.99M	-2.72M	9.91M	-482K	44.11M
Working Capital Changes	802.35K	3.13M	2.73M	-7.85M	34.92M	-15.48M	4.07M	-22.36M	-2.5M
Change in Receivables	3.66M	462.88K	-502.35K	-3.27M	26.48M	-9.98M	-8.54M	-4.13M	-6.41M
Change in Inventory	408.47K	850.37K	493.46K	1.11M	19M	-19.43M	-3.75M	14.67M	7.83M
Change in Payables	0	251.58K	45.91K	-3.6M	-14.1M	12.61M	14.79M	-5.03M	-1.37M
Cash from Investing+	-429.13K	-5.47M	-6.37M	2.78M	-94.41M	-41.08M	-50.79M	-1.51M	-12.55M
Capital Expenditures	-2.78M	-2.26M	-3.08M	-4.84M	-664K	-2.21M	-6.29M	-3.51M	-12.55M
CapEx % of Revenue	0.01%	0.01%	0.01%	0.01%	0%	0%	0.01%	0%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	2.35M	-3.23M	-4.72M	306.75K	257K	3.25M	7.79M	2M	48K
Cash from Financing+	-2.46M	-9.69M	-6.18M	1.61M	43.76M	28.78M	24.89M	-5.89M	-10.85M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	-5.39M	-8.58M	-1.16M	-302.5K	-175K	-338K	-187K	-884K	-500K
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	1.94M	-1.8M	0	0	-113K	3.47M	-304K	-394K	-175K
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	1.78M	13.02M	8.88M	-169.4K	45.03M	15.3M	29.11M	-5.16M	10.09M
FCF Margin %	0.01%	0.04%	0.03%	-0%	0.08%	0.02%	0.02%	-0%	0.01%
FCF Growth %	-	6.32%	-0.32%	-1.02%	266.81%	-0.66%	0.9%	-1.18%	2.95%
FCF per Share	17.78	0.58	0.42	-0.01	0.86	0.29	0.54	-0.10	0.19
FCF Conversion (FCF/Net Income)	0.97x	1.58x	1.90x	0.87x	-0.13x	0.79x	76.95x	0.76x	-0.47x
Interest Paid	0	1.27M	1.34M	0	4.12M	3.18M	6.23M	10.41M	11.62M
Taxes Paid	0	288.91K	2.06M	0	804K	9.53M	8.65M	4.04M	2.51M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	19.36%	37.64%	20.49%	1.68%	-78.86%	7.93%	0.16%	-0.74%	-18.33%
Return on Invested Capital (ROIC)	9.88%	17.88%	12.68%	0.61%	-47.52%	5.1%	1.64%	1.38%	-6.43%
Gross Margin	12.99%	14.87%	17.03%	16.28%	17.77%	19.01%	17.56%	17.77%	17.08%
Net Margin	1.69%	3.26%	2.16%	1.39%	-60.6%	2.78%	0.04%	-0.19%	-4.04%
Debt / Equity	1.03x	1.04x	0.67x	0.16x	0.54x	0.65x	0.76x	0.71x	0.87x
Interest Coverage	-	8.22x	6.21x	1.81x	-79.56x	7.21x	1.42x	0.78x	-3.43x
FCF Conversion	0.97x	1.58x	1.90x	0.87x	-0.13x	0.79x	76.95x	0.76x	-0.47x
Revenue Growth	-	5.74%	-1.54%	33.39%	46.03%	40.59%	46.88%	-1.88%	4.63%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Seafood	-	-	-	123.81M	354.22M	361.22M	394.03M
Seafood Growth	-	-	-	-	186.10%	1.98%	9.08%
Fresh Produce	-	-	-	103.17M	126.56M	123.2M	128.84M
Fresh Produce Growth	-	-	-	-	22.67%	-2.65%	4.57%
B&R Global	-	86.06M	345.48M	-	-	-	-
B&R Global Growth	-	-	301.44%	-	-	-	-
HF Foods	-	302.1M	221.35M	-	-	-	-
HF Foods Growth	-	-	-26.73%	-	-	-	-

Revenue by Geography

	2018	2019	2020	2021	2022	2023	2024
CALIFORNIA	-	54.88M	193M	-	-	-	-
CALIFORNIA Growth	-	-	251.69%	-	-	-	-
NORTH CAROLINA	-	145.76M	108.95M	-	-	-	-
NORTH CAROLINA Growth	-	-	-25.25%	-	-	-	-
FLORIDA	88.67M	91.17M	65.42M	-	-	-	-
FLORIDA Growth	-	2.82%	-28.25%	-	-	-	-
UTAH	-	8.25M	52.46M	-	-	-	-
UTAH Growth	-	-	535.89%	-	-	-	-
GEORGIA	-	65.17M	46.99M	-	-	-	-
GEORGIA Growth	-	-	-27.91%	-	-	-	-
ARIZONA	-	7.2M	34.95M	-	-	-	-
ARIZONA Growth	-	-	385.71%	-	-	-	-
COLORADO	-	6.66M	34.91M	-	-	-	-
COLORADO Growth	-	-	424.23%	-	-	-	-
WASHINGTON	-	9.08M	30.16M	-	-	-	-
WASHINGTON Growth	-	-	232.25%	-	-	-	-
North Carolina	138.79M	-	-	-	-	-	-
North Carolina Growth	-	-	-	-	-	-	-
Georgia	63.55M	-	-	-	-	-	-
Georgia Growth	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

HF Foods Group Inc. (HFFG) reported $1.22B in revenue for fiscal year 2024. This represents a 338% increase from $279.5M in 2016.

HF Foods Group Inc. (HFFG) grew revenue by 4.6% over the past year. Growth has been modest.

HF Foods Group Inc. (HFFG) reported a net loss of $45.4M for fiscal year 2024.

Dividend & Returns

Yes, HF Foods Group Inc. (HFFG) pays a dividend with a yield of 0.44%. This makes it attractive for income-focused investors.

HF Foods Group Inc. (HFFG) has a return on equity (ROE) of -18.3%. Negative ROE indicates the company is unprofitable.

HF Foods Group Inc. (HFFG) generated $17.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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HF Foods Group Inc. (HFFG) 10-Year Financial Performance & Capital Metrics

HFFG • • Industrial / General

Consumer DefensiveFood DistributionSpecialty Food DistributionEthnic & Specialty Cuisine Distributors

Revenue $1.2B +4.6%
EBITDA -$12M -135.7%
Net Income -$49M -2131.4%
EPS (Diluted) -0.92 -2177.2%
Gross Margin 17.08% -3.9%
EBITDA Margin -1.04% -134.1%
Operating Margin -3.26% -517.0%
Net Margin -4.04% -2032.6%
ROE -18.33% -2363.2%
ROIC -6.43% -565.0%
Debt/Equity 0.87 +23.2%
Interest Coverage -3.43 -538.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 25.4%
✓Share count reduced 2.5% through buybacks
✓Trading at only 0.5x book value
✓Efficient asset utilization: 2.2x turnover

✗Weaknesses

✗Weak momentum: RS Rating 15 (bottom 15%)
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y25.36%

3Y14.67%

TTM3.98%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-2301.64%

EPS CAGR

10Y-

5Y-

3Y-

TTM-2207.53%

ROCE

10Y Avg0.56%

5Y Avg-12.06%

3Y Avg-1.63%

Latest-9.12%

Peer Comparison

Ethnic & Specialty Cuisine Distributors

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
VSTDVestand Inc.	4.75M	0.34	-0.67	39.33%	-23.83%	-70.69%	2.4%	60.28
HFFGHF Foods Group Inc.	115.11M	2.17	-2.36	4.63%	-3.71%	-18.87%	8.77%	0.87
CCHHCCH Holdings Ltd Ordinary Shares	8.43M	0.44		-8.79%	10.25%	17.68%		0.55

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	279.5M	295.55M	291.01M	388.16M	566.83M	796.88M	1.17B	1.15B	1.2B
Revenue Growth %	-	0.06%	-0.02%	0.33%	0.46%	0.41%	0.47%	-0.02%	0.05%
Cost of Goods Sold+	243.19M	251.62M	241.44M	324.95M	466.08M	645.37M	964.96M	944.46M	996.47M
COGS % of Revenue	0.87%	0.85%	0.83%	0.84%	0.82%	0.81%	0.82%	0.82%	0.83%
Gross Profit+	36.31M	43.93M	49.57M	63.21M	100.75M	151.51M	205.51M	204.03M	205.19M
Gross Margin %	0.13%	0.15%	0.17%	0.16%	0.18%	0.19%	0.18%	0.18%	0.17%
Gross Profit Growth %	-	0.21%	0.13%	0.28%	0.59%	0.5%	0.36%	-0.01%	0.01%
Operating Expenses+	30.21M	32.92M	41.04M	54.93M	444.55M	122.03M	194.95M	195.06M	244.33M
OpEx % of Revenue	0.11%	0.11%	0.14%	0.14%	0.78%	0.15%	0.17%	0.17%	0.2%
Selling, General & Admin	30.58M	32.92M	41.04M	54.93M	106.36M	122.03M	200.7M	195.06M	198.03M
SG&A % of Revenue	0.11%	0.11%	0.14%	0.14%	0.19%	0.15%	0.17%	0.17%	0.16%
Research & Development	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	338.19M	0	-5.74M	0	46.3M
Operating Income+	5.73M	11.01M	8.53M	3M	-343.8M	29.48M	10.56M	8.97M	-39.13M
Operating Margin %	0.02%	0.04%	0.03%	0.01%	-0.61%	0.04%	0.01%	0.01%	-0.03%
Operating Income Growth %	-	0.92%	-0.23%	-0.65%	-115.63%	1.09%	-0.64%	-0.15%	-5.36%
EBITDA+	7.61M	13.01M	10.66M	8.07M	-324.88M	50.9M	35.49M	34.89M	-12.46M
EBITDA Margin %	0.03%	0.04%	0.04%	0.02%	-0.57%	0.06%	0.03%	0.03%	-0.01%
EBITDA Growth %	-	0.71%	-0.18%	-0.24%	-41.28%	1.16%	-0.3%	-0.02%	-1.36%
D&A (Non-Cash Add-back)	1.89M	2M	2.13M	5.07M	18.92M	21.42M	24.94M	25.92M	26.68M
EBIT	5.73M	12.04M	10.22M	9.75M	-343.62M	31.41M	7.46M	8.86M	-34.71M
Net Interest Income+	0	-1.32M	-879.15K	-1.24M	-4.32M	-4.09M	-7.46M	-11.48M	-11.43M
Interest Income	1.07M	21.11K	493.36K	418.53K	0	0	0	0	0
Interest Expense	0	1.34M	1.37M	1.66M	4.32M	4.09M	7.46M	11.48M	11.43M
Other Income/Expense	-705.08K	-308.75K	317.84K	-134.62K	-4.14M	-2.16M	-10.55M	-11.59M	-7M
Pretax Income+	5.02M	10.7M	8.84M	8.09M	-347.94M	27.32M	4K	-2.62M	-46.14M
Pretax Margin %	0.02%	0.04%	0.03%	0.02%	-0.61%	0.03%	0%	-0%	-0.04%
Income Tax+	191.92K	623.27K	2.49M	2.2M	-4.72M	4.5M	-231K	41K	1.97M
Effective Tax Rate %	0.94%	0.9%	0.71%	0.67%	0.99%	0.81%	115%	0.83%	1.05%
Net Income+	4.72M	9.65M	6.29M	5.39M	-343.51M	22.14M	460K	-2.17M	-48.51M
Net Margin %	0.02%	0.03%	0.02%	0.01%	-0.61%	0.03%	0%	-0%	-0.04%
Net Income Growth %	-	1.05%	-0.35%	-0.14%	-64.74%	1.06%	-0.98%	-5.73%	-21.31%
Net Income (Continuing)	4.83M	10.08M	6.35M	5.9M	-343.22M	22.82M	235K	-2.66M	-48.1M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	659.2K	1.09M	1.1M	4.25M	4.37M	4.04M	4.44M	1.32M	2M
EPS (Diluted)+	47.15	0.43	0.30	0.20	-6.58	0.43	0.01	-0.04	-0.92
EPS Growth %	-	-0.99%	-0.3%	-0.33%	-33.9%	1.07%	-0.98%	-	-21.77%
EPS (Basic)	47.15	0.43	0.30	0.20	-6.58	0.43	0.01	-0.04	-0.92
Diluted Shares Outstanding	100K	22.56M	20.99M	27.11M	52.1M	52.09M	53.86M	53.88M	52.55M
Basic Shares Outstanding	100K	22.56M	20.99M	27.11M	52.1M	51.92M	53.76M	53.88M	52.55M
Dividend Payout Ratio	1.14%	0.89%	0.18%	0.06%	-	0.02%	0.41%	-	-

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	51.54M	49.89M	59.04M	151.42M	99.05M	159.57M	197.92M	178.83M	178.1M
Cash & Short-Term Investments	5.96M	6.09M	5.49M	14.54M	9.58M	14.79M	24.29M	15.23M	14.47M
Cash Only	5.96M	6.09M	5.49M	14.54M	9.58M	14.79M	24.29M	15.23M	14.47M
Short-Term Investments	0	0	0	0	0	0	0	0	0
Accounts Receivable	16.97M	16.29M	28.62M	54.23M	26.12M	36.53M	44.4M	47.83M	54.35M
Days Sales Outstanding	22.16	20.11	35.9	50.99	16.82	16.73	13.85	15.2	16.51
Inventory	23.52M	22.67M	22.18M	77.53M	58.53M	102.69M	120.29M	105.62M	97.78M
Days Inventory Outstanding	35.3	32.88	33.52	87.09	45.84	58.08	45.5	40.82	35.82
Other Current Assets	5.1M	4.85M	1.23M	4.37M	4.61M	5.56M	8.94M	2.21M	1.46M
Total Non-Current Assets+	21.07M	30.77M	23.43M	651.42M	391.55M	437.38M	439.61M	417.69M	371.89M
Property, Plant & Equipment	15M	21.71M	22.65M	54.69M	144.16M	157.57M	154.49M	145.85M	163.52M
Fixed Asset Turnover	18.63x	13.61x	12.85x	7.10x	3.93x	5.06x	7.58x	7.87x	7.35x
Goodwill	0	0	0	406.7M	68.51M	80.26M	85.12M	85.12M	38.81M
Intangible Assets	0	0	0	186.69M	175.8M	195.05M	194.09M	177.81M	161.53M
Long-Term Investments	0	7.62M	423.26K	2.3M	2.38M	2.46M	2.68M	2.39M	2.35M
Other Non-Current Assets	6.07M	1.44M	665.69K	963.88K	636.52K	2.03M	3.23M	6.53M	5.68M
Total Assets+	72.62M	80.66M	82.48M	802.84M	490.59M	596.95M	637.53M	596.52M	549.99M
Asset Turnover	3.85x	3.66x	3.53x	0.48x	1.16x	1.33x	1.84x	1.93x	2.18x
Asset Growth %	-	0.11%	0.02%	8.73%	-0.39%	0.22%	0.07%	-0.06%	-0.08%
Total Current Liabilities+	38.34M	38.96M	33.59M	110.45M	79.73M	155.26M	163.89M	143.26M	145.2M
Accounts Payable	21.1M	21.35M	21.4M	44.21M	29.64M	57.74M	55.52M	51.62M	50.59M
Days Payables Outstanding	31.67	30.97	32.35	49.66	23.21	32.66	21	19.95	18.53
Short-Term Debt	14.83M	13.27M	9.65M	58.95M	38.76M	78.68M	81.27M	68.51M	68.58M
Deferred Revenue (Current)	0	1000K	227.9K	0	0	0	0	1000K	1000K
Other Current Liabilities	1.13M	0	-455.79K	73.16K	0	6.05M	8.08M	13.27M	13.43M
Current Ratio	1.34x	1.28x	1.76x	1.37x	1.24x	1.03x	1.21x	1.25x	1.23x
Quick Ratio	0.73x	0.70x	1.10x	0.67x	0.51x	0.37x	0.47x	0.51x	0.55x
Cash Conversion Cycle	25.79	22.03	37.07	88.42	39.45	42.15	38.35	36.07	33.79
Total Non-Current Liabilities+	9.92M	14.8M	14.43M	84.74M	147.34M	146.69M	177.39M	165.27M	163.5M
Long-Term Debt	9.34M	14.25M	13.11M	18.54M	95.01M	86.31M	115.44M	108.71M	103.32M
Capital Lease Obligations	552.54K	118.53K	120.7K	13.89M	6.01M	20.93M	22.03M	20.64M	30.05M
Deferred Tax Liabilities	0	436.21K	1.2M	52.32M	46.33M	39.45M	34.44M	29.03M	29.39M
Other Non-Current Liabilities	26.24K	0	0	0	0	0	5.47M	6.89M	728K
Total Liabilities	48.26M	53.76M	48.01M	195.19M	227.07M	301.96M	341.28M	308.54M	308.7M
Total Debt+	25.09M	28.07M	23.05M	95.97M	142.25M	190.68M	224.67M	203.32M	209.93M
Net Debt	19.14M	21.98M	17.56M	81.43M	132.67M	175.89M	200.38M	188.09M	195.47M
Debt / Equity	1.03x	1.04x	0.67x	0.16x	0.54x	0.65x	0.76x	0.71x	0.87x
Debt / EBITDA	3.30x	2.16x	2.16x	11.90x	-	3.75x	6.33x	5.83x	-
Net Debt / EBITDA	2.51x	1.69x	1.65x	10.10x	-	3.46x	5.65x	5.39x	-
Interest Coverage	-	8.22x	6.21x	1.81x	-79.56x	7.21x	1.42x	0.78x	-3.43x
Total Equity+	24.36M	26.9M	34.46M	607.66M	263.52M	294.99M	296.25M	287.98M	241.29M
Equity Growth %	-	0.1%	0.28%	16.63%	-0.57%	0.12%	0%	-0.03%	-0.16%
Book Value per Share	243.58	1.19	1.64	22.41	5.06	5.66	5.50	5.35	4.59
Total Shareholders' Equity	23.7M	25.81M	33.36M	603.41M	259.15M	290.95M	291.81M	286.66M	239.29M
Common Stock	0	2K	2.22K	5.3K	5K	5K	5K	5K	5K
Retained Earnings	9.98M	4.26M	10.43M	15.82M	-328.43M	-306.28M	-306.51M	-308.69M	-357.2M
Treasury Stock	0	0	0	-12.04M	0	0	0	-7.75M	-7.75M
Accumulated OCI	0	-16.21M	-18.17M	0	0	0	0	0	0
Minority Interest	659.2K	1.09M	1.1M	4.25M	4.37M	4.04M	4.44M	1.32M	2M

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	4.55M	15.29M	11.95M	4.67M	45.69M	17.51M	35.4M	-1.65M	22.64M
Operating CF Margin %	0.02%	0.05%	0.04%	0.01%	0.08%	0.02%	0.03%	-0%	0.02%
Operating CF Growth %	-	2.36%	-0.22%	-0.61%	8.79%	-0.62%	1.02%	-1.05%	14.74%
Net Income	4.72M	10.08M	6.35M	5.39M	-343.22M	22.82M	235K	-2.66M	-48.1M
Depreciation & Amortization	1.89M	2M	2.13M	5.07M	18.92M	19.13M	24.94M	25.92M	26.68M
Stock-Based Compensation	0	0	0	0	0	635K	1.26M	3.35M	2.09M
Deferred Taxes	0	-125.85K	641.92K	-250.71K	-5.92M	-6.87M	-5.01M	-5.42M	364K
Other Non-Cash Items	-2.85M	195.99K	91K	2.31M	340.99M	-2.72M	9.91M	-482K	44.11M
Working Capital Changes	802.35K	3.13M	2.73M	-7.85M	34.92M	-15.48M	4.07M	-22.36M	-2.5M
Change in Receivables	3.66M	462.88K	-502.35K	-3.27M	26.48M	-9.98M	-8.54M	-4.13M	-6.41M
Change in Inventory	408.47K	850.37K	493.46K	1.11M	19M	-19.43M	-3.75M	14.67M	7.83M
Change in Payables	0	251.58K	45.91K	-3.6M	-14.1M	12.61M	14.79M	-5.03M	-1.37M
Cash from Investing+	-429.13K	-5.47M	-6.37M	2.78M	-94.41M	-41.08M	-50.79M	-1.51M	-12.55M
Capital Expenditures	-2.78M	-2.26M	-3.08M	-4.84M	-664K	-2.21M	-6.29M	-3.51M	-12.55M
CapEx % of Revenue	0.01%	0.01%	0.01%	0.01%	0%	0%	0.01%	0%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	2.35M	-3.23M	-4.72M	306.75K	257K	3.25M	7.79M	2M	48K
Cash from Financing+	-2.46M	-9.69M	-6.18M	1.61M	43.76M	28.78M	24.89M	-5.89M	-10.85M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	-5.39M	-8.58M	-1.16M	-302.5K	-175K	-338K	-187K	-884K	-500K
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	1.94M	-1.8M	0	0	-113K	3.47M	-304K	-394K	-175K
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	1.78M	13.02M	8.88M	-169.4K	45.03M	15.3M	29.11M	-5.16M	10.09M
FCF Margin %	0.01%	0.04%	0.03%	-0%	0.08%	0.02%	0.02%	-0%	0.01%
FCF Growth %	-	6.32%	-0.32%	-1.02%	266.81%	-0.66%	0.9%	-1.18%	2.95%
FCF per Share	17.78	0.58	0.42	-0.01	0.86	0.29	0.54	-0.10	0.19
FCF Conversion (FCF/Net Income)	0.97x	1.58x	1.90x	0.87x	-0.13x	0.79x	76.95x	0.76x	-0.47x
Interest Paid	0	1.27M	1.34M	0	4.12M	3.18M	6.23M	10.41M	11.62M
Taxes Paid	0	288.91K	2.06M	0	804K	9.53M	8.65M	4.04M	2.51M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	19.36%	37.64%	20.49%	1.68%	-78.86%	7.93%	0.16%	-0.74%	-18.33%
Return on Invested Capital (ROIC)	9.88%	17.88%	12.68%	0.61%	-47.52%	5.1%	1.64%	1.38%	-6.43%
Gross Margin	12.99%	14.87%	17.03%	16.28%	17.77%	19.01%	17.56%	17.77%	17.08%
Net Margin	1.69%	3.26%	2.16%	1.39%	-60.6%	2.78%	0.04%	-0.19%	-4.04%
Debt / Equity	1.03x	1.04x	0.67x	0.16x	0.54x	0.65x	0.76x	0.71x	0.87x
Interest Coverage	-	8.22x	6.21x	1.81x	-79.56x	7.21x	1.42x	0.78x	-3.43x
FCF Conversion	0.97x	1.58x	1.90x	0.87x	-0.13x	0.79x	76.95x	0.76x	-0.47x
Revenue Growth	-	5.74%	-1.54%	33.39%	46.03%	40.59%	46.88%	-1.88%	4.63%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Seafood	-	-	-	123.81M	354.22M	361.22M	394.03M
Seafood Growth	-	-	-	-	186.10%	1.98%	9.08%
Fresh Produce	-	-	-	103.17M	126.56M	123.2M	128.84M
Fresh Produce Growth	-	-	-	-	22.67%	-2.65%	4.57%
B&R Global	-	86.06M	345.48M	-	-	-	-
B&R Global Growth	-	-	301.44%	-	-	-	-
HF Foods	-	302.1M	221.35M	-	-	-	-
HF Foods Growth	-	-	-26.73%	-	-	-	-

Revenue by Geography

	2018	2019	2020	2021	2022	2023	2024
CALIFORNIA	-	54.88M	193M	-	-	-	-
CALIFORNIA Growth	-	-	251.69%	-	-	-	-
NORTH CAROLINA	-	145.76M	108.95M	-	-	-	-
NORTH CAROLINA Growth	-	-	-25.25%	-	-	-	-
FLORIDA	88.67M	91.17M	65.42M	-	-	-	-
FLORIDA Growth	-	2.82%	-28.25%	-	-	-	-
UTAH	-	8.25M	52.46M	-	-	-	-
UTAH Growth	-	-	535.89%	-	-	-	-
GEORGIA	-	65.17M	46.99M	-	-	-	-
GEORGIA Growth	-	-	-27.91%	-	-	-	-
ARIZONA	-	7.2M	34.95M	-	-	-	-
ARIZONA Growth	-	-	385.71%	-	-	-	-
COLORADO	-	6.66M	34.91M	-	-	-	-
COLORADO Growth	-	-	424.23%	-	-	-	-
WASHINGTON	-	9.08M	30.16M	-	-	-	-
WASHINGTON Growth	-	-	232.25%	-	-	-	-
North Carolina	138.79M	-	-	-	-	-	-
North Carolina Growth	-	-	-	-	-	-	-
Georgia	63.55M	-	-	-	-	-	-
Georgia Growth	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

HF Foods Group Inc. (HFFG) reported $1.22B in revenue for fiscal year 2024. This represents a 338% increase from $279.5M in 2016.

HF Foods Group Inc. (HFFG) grew revenue by 4.6% over the past year. Growth has been modest.

HF Foods Group Inc. (HFFG) reported a net loss of $45.4M for fiscal year 2024.

Dividend & Returns

Yes, HF Foods Group Inc. (HFFG) pays a dividend with a yield of 0.44%. This makes it attractive for income-focused investors.

HF Foods Group Inc. (HFFG) has a return on equity (ROE) of -18.3%. Negative ROE indicates the company is unprofitable.

HF Foods Group Inc. (HFFG) generated $17.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.