High-Trend International Group(HTCO)Earnings, Financials & Key Ratios
HTCO•NASDAQ
$4.13
Price updated Jun 27, 2026
AboutHigh-Trend International Group provides ocean transportation services in Hong Kong, Singapore, and internationally. The company provides solutions for marine decarbonization and digital carbon assets management for the shipping industry. It offers seaborne transportation services under the voyage contracts. In addition, the company provides vessel services on behalf of ship owners. The company was formerly known as Caravelle International Group and changed its name to High-Trend International Group in January 2025. The company was founded in 2022 and is headquartered in Singapore.Show more
- Revenue$214M+98.2%
- EBITDA-$20M-922.7%
- Net Income-$21M+9.0%
- EPS (Diluted)-3.92+21.6%
- Gross Margin3.14%-58.1%
- EBITDA Margin-9.25%-515.1%
- Operating Margin-9.29%-535.8%
- Net Margin-10.01%+54.1%
- ROE-201.17%+93.7%
HTCO Price & Volume
High-Trend International Group (HTCO) stock price & volume — 10-year historical chart
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Persistent Operational Losses Undermine Asset-Light Strategy
Investment Thesis • Updated 2025Q4
VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Persistent negative equity erosion
Key Thesis Takeaways
- High-Trend International Group faces significant structural headwinds as its pivot toward digital carbon assets fails to generate sustainable profitability, evidenced by a -6.5% operating margin in 2025Q4.
- The company's reliance on a third-party chartering model leaves it vulnerable to volatile voyage expenses, while the $16.7 million in deferred revenue creates a substantial future performance obligation that exceeds current cash reserves of $10.1 million.
- Investors should remain cautious as the firm struggles to achieve the necessary scale to offset administrative overhead and stabilize its eroding equity base.
Verdict Logic
the company's inability to generate positive free cash flow, coupled with a net loss of $8.2 million in 2025Q4, suggests that the current business model lacks the operational leverage required for long-term viability.
HTCO Growth Metrics
High-Trend International Group (HTCO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years22.3%
3 Years4.98%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years44.36%
5 Years44.36%
3 Years-176.09%
Last Year-178.74%
Peers Comparison
Key metrics vs top competitors for High-Trend International Group (HTCO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $4.13 | $22.59M | -1.05 | 98.21% | -10.01% | -201.17% | — | |
| $2.60 | $4.91M | -1.01 | 84.3% | -397.95% | -80.63% | — | |
| $0.85 | $25.33M | -3.28 | 15.17% | -3.05% | -15.02% | — | |
| $0.92 | $3.01M | -1.37 | -70.11% | -33.27% | -28.25% | — | |
| $1.99 | $1.05M | -0.01 | -82.47% | -140.37% | — | — | |
| $1.99 | $648.02M | -6.42 | -30.65% | -146.01% | -0.11% | — |
Compare HTCO vs Peers
High-Trend International Group (HTCO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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HTCO Frequently Asked Questions
High-Trend International Group (HTCO) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is High-Trend International Group's revenue?
High-Trend International Group (HTCO) reported $322.6M in revenue for fiscal year 2025. This represents a 312% increase from $78.4M in 2020.
How fast is High-Trend International Group growing?
High-Trend International Group (HTCO) grew revenue by 98.2% over the past year. This is strong growth.
Is HTCO profitable?
High-Trend International Group (HTCO) reported a net loss of $45.1M for fiscal year 2025.
Dividend & Returns
What is HTCO's return on equity?
High-Trend International Group (HTCO) has a return on equity (ROE) of -201.2%. Negative ROE indicates the company is unprofitable.
What is High-Trend International Group's free cash flow?
High-Trend International Group (HTCO) generated $1.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.