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HUDI logoHuadi International Group Co., Ltd.(HUDI)Earnings, Financials & Key Ratios

HUDI•NASDAQ
$1.24
$18M mkt cap·Price updated May 6, 2026
SectorBasic MaterialsIndustrySteelSub-IndustryTubular Steel and Pipe Products
AboutHuadi International Group Co., Ltd. develops, manufactures, markets, and sells industrial stainless steel seamless pipes, tubes, bars, and plates in the People's Republic of China. The company's products are used in oil and gas transmission, chemistry engineering, food processing, medical devices, aeronautics and astronautics, boiler, irrigation works construction, electricity, automobile, naval architecture, paper mill, and mechanical industries. It also exports its products to 20 countries, including the United States, Mexico, Thailand, Australia, Argentina, India, the Philippines, the United Arab Emirates, Taiwan, Canada, and internationally. The company was founded in 1992 and is based in Wenzhou, the People's Republic of China. Huadi International Group Co., Ltd. is a subsidiary of Yongqiang Donghai Limited.Show more
  • Revenue$63M-15.3%
  • EBITDA-$3M-164.6%
  • Net Income-$1M-1115.8%
  • EPS (Diluted)-0.10-1118.8%
  • Gross Margin10.8%+9.6%
  • EBITDA Margin-3.99%-212.4%
  • Operating Margin-5.01%-117.9%
  • Net Margin-2.22%-1299.7%
  • ROE-1.81%-1108.6%
  • ROIC-2.89%-59.1%
  • Debt/Equity0.29+58.2%
Technical→

HUDI Key Insights

Huadi International Group Co., Ltd. (HUDI) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Trading at only 0.2x book value

✗Weaknesses

  • ✗Weak 3Y average ROE of 1.2%
  • ✗Weak Piotroski F-Score: 1/9
  • ✗Negative free cash flow
  • ✗Thin 5Y average net margin of 1.6%
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

HUDI Price & Volume

Huadi International Group Co., Ltd. (HUDI) stock price & volume — 10-year historical chart

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HUDI Growth Metrics

Huadi International Group Co., Ltd. (HUDI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years1.24%
3 Years-6.26%
TTM-14.64%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-124.29%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-121.33%

Return on Capital

10 Years19.17%
5 Years1.9%
3 Years-0.81%
Last Year-3.84%

HUDI Peer Comparison

Huadi International Group Co., Ltd. (HUDI) competitors in Tubular Steel and Pipe Products — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
ZEUS logoZEUSOlympic Steel, Inc.Direct Competitor532.97M47.8624.29-10.03%0.73%2.39%0.55
RS logoRSReliance Steel & Aluminum Co.Direct Competitor19.24B376.4826.933.32%5.43%11.17%0.28
CMC logoCMCCommercial Metals CompanyDirect Competitor8.01B72.1597.50-1.61%5.46%10.15%0.32
STLD logoSTLDSteel Dynamics, Inc.Direct Competitor35.04B241.8530.273.63%7.22%15.29%0.47
NUE logoNUENucor CorporationDirect Competitor53.35B234.2231.155.73%6.82%10.58%0.32
ATI logoATIATI Inc.Product Competitor22.61B165.0857.925.16%9.26%22.73%1.02
APOG logoAPOGApogee Enterprises, Inc.Product Competitor783.61M36.4314.463.21%3.85%10.79%0.56
SXC logoSXCSunCoke Energy, Inc.Product Competitor615.12M7.25-13.94-5.07%-3.55%-9.88%1.09

Compare HUDI vs Peers

Huadi International Group Co., Ltd. (HUDI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ZEUS

Most directly comparable listed peer for HUDI.

Scale Benchmark

vs FCX

Larger-name benchmark to compare HUDI against a more recognizable public peer.

Peer Set

Compare Top 5

vs ZEUS, RS, CMC, STLD

HUDI Income Statement

Huadi International Group Co., Ltd. (HUDI) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemSep'17Sep'18Sep'19Sep'20Sep'21Sep'22Sep'23Sep'24Sep'25
Sales/Revenue49.4M60.39M65.52M59.14M70.25M76.37M84.33M74.27M62.9M
Revenue Growth %-22.24%8.5%-9.74%18.79%8.71%10.43%-11.93%-15.32%
Cost of Goods Sold39.73M47.14M50.9M48.47M58.93M65.23M71.98M66.95M56.1M
COGS % of Revenue80.42%78.07%77.68%81.97%83.89%85.42%85.35%90.15%89.2%
Gross Profit
9.67M▲ 0%
13.24M▲ 36.9%
14.62M▲ 10.4%
10.66M▼ 27.1%
11.32M▲ 6.1%
11.14M▼ 1.6%
12.36M▲ 11.0%
7.32M▼ 40.8%
6.79M▼ 7.1%
Gross Margin %19.58%21.93%22.32%18.03%16.11%14.58%14.65%9.85%10.8%
Gross Profit Growth %-36.9%10.42%-27.07%6.15%-1.63%10.96%-40.79%-7.15%
Operating Expenses4.58M5.05M6.24M6.2M8.74M8.22M9.89M9.02M9.94M
OpEx % of Revenue9.27%8.36%9.53%10.49%12.44%10.76%11.73%12.15%15.81%
Selling, General & Admin3.13M3.6M4.47M4.08M6.68M5.89M7.34M6.78M7.78M
SG&A % of Revenue6.33%5.96%6.82%6.9%9.52%7.71%8.7%9.13%12.36%
Research & Development1.45M1.45M1.78M2.12M2.06M2.33M2.55M2.24M2.17M
R&D % of Revenue2.93%2.4%2.71%3.59%2.93%3.05%3.02%3.02%3.45%
Other Operating Expenses000000000
Operating Income
5.1M▲ 0%
8.2M▲ 60.9%
8.38M▲ 2.2%
4.46M▼ 46.8%
2.58M▼ 42.2%
2.92M▲ 13.1%
2.47M▼ 15.4%
-1.71M▼ 169.2%
-3.15M▼ 84.6%
Operating Margin %10.32%13.58%12.79%7.54%3.67%3.82%2.92%-2.3%-5.01%
Operating Income Growth %-60.85%2.21%-46.76%-42.21%13.14%-15.44%-169.2%-84.55%
EBITDA6.02M8.92M9.03M5.21M3.35M3.71M3.18M-947.43K-2.51M
EBITDA Margin %12.19%14.78%13.78%8.82%4.76%4.86%3.77%-1.28%-3.99%
EBITDA Growth %-48.25%1.15%-42.24%-35.84%10.88%-14.21%-129.77%-164.57%
D&A (Non-Cash Add-back)923.41K726.66K648.25K753.63K767.68K792.89K715.88K759.4K643.34K
EBIT13.4M8.67M8.6M5.74M4.53M3.75M3.81M-362.55K-1.9M
Net Interest Income0-2.08M-2.15M-2.16M-2.06M-1.63M-296.26K206.34K220.62K
Interest Income2.04M000000206.34K220.62K
Interest Expense02.08M2.15M2.16M2.06M1.63M296.26K00
Other Income/Expense6.26M-1.61M-1.93M-885.34K-109.93K-795.75K1.05M1.55M1.25M
Pretax Income
11.36M▲ 0%
6.59M▼ 42.0%
6.45M▼ 2.0%
3.58M▼ 44.6%
2.47M▼ 31.0%
2.12M▼ 14.1%
3.52M▲ 65.8%
-156.22K▼ 104.4%
-1.9M▼ 1113.5%
Pretax Margin %22.99%10.91%9.85%6.05%3.51%2.78%4.17%-0.21%-3.01%
Income Tax2.03M1.34M1.01M218.95K-89K173.02K220.85K-298.61K-494.81K
Effective Tax Rate %17.86%20.3%15.58%6.12%-3.61%8.16%6.28%191.15%26.1%
Net Income
9.24M▲ 0%
5.2M▼ 43.7%
5.39M▲ 3.8%
3.32M▼ 38.4%
2.53M▼ 23.8%
1.92M▼ 24.0%
3.26M▲ 69.3%
137.42K▼ 95.8%
-1.4M▼ 1115.8%
Net Margin %18.69%8.6%8.23%5.62%3.6%2.52%3.86%0.18%-2.22%
Net Income Growth %--43.74%3.77%-38.38%-23.81%-23.99%69.3%-95.78%-1115.8%
Net Income (Continuing)9.33M5.25M5.45M3.36M2.56M1.95M3.3M142.4K-1.4M
Discontinued Operations000000000
Minority Interest86.51K132.71K178.6K224.41K264.51K250.43K274.82K314.21K298K
EPS (Diluted)
0.92▲ 0%
0.39▼ 57.6%
0.54▲ 38.5%
0.24▼ 55.6%
0.21▼ 12.5%
0.15▼ 28.6%
0.23▲ 53.3%
0.01▼ 95.8%
-0.10▼ 1118.8%
EPS Growth %--57.61%38.46%-55.56%-12.5%-28.57%53.33%-95.83%-
EPS (Basic)0.680.390.400.240.210.150.230.01-0.10
Diluted Shares Outstanding10M13.21M10M13.59M12.12M13.23M14.14M14.26M14.28M
Basic Shares Outstanding10M13.21M10M13.59M12.12M13.23M14.14M14.26M14.28M
Dividend Payout Ratio---------

HUDI Balance Sheet

Huadi International Group Co., Ltd. (HUDI) balance sheet — assets, liabilities & shareholders' equity

Line itemSep'17Sep'18Sep'19Sep'20Sep'21Sep'22Sep'23Sep'24Sep'25
Total Current Assets59.69M57.18M47.93M47.35M77.08M64.4M80.24M77.47M70.29M
Cash & Short-Term Investments3.77M1.31M1.06M796.79K15.35M13.2M20.19M18.12M9.73M
Cash Only3.77M1.31M1.06M796.79K15.35M13.2M20.19M18.12M9.63M
Short-Term Investments00000000100.16K
Accounts Receivable21.73M24.11M20.51M18.46M28.35M21.62M30.46M27.32M34.22M
Days Sales Outstanding160.56145.76114.27113.96147.29103.34131.85134.24198.61
Inventory34.19M22.14M17.85M20.84M22.72M24.87M26.71M23.31M26.34M
Days Inventory Outstanding314.13171.43127.98156.91140.74139.15135.43127.09171.35
Other Current Assets19.7M9.61M8.52M7.25M1.3M4.72M769.23K4.41M0
Total Non-Current Assets19.52M18.77M20.84M21.78M23.17M20.23M22.77M26.12M38.11M
Property, Plant & Equipment3.77M3.49M6.48M6.69M7.21M5.99M5.35M8.05M15.32M
Fixed Asset Turnover13.11x17.28x10.11x8.84x9.74x12.75x15.75x9.23x4.11x
Goodwill000000000
Intangible Assets1.32M1.25M1.17M1.2M1.23M1.07M4.31M4.37M4.21M
Long-Term Investments13.72M13.3M12.78M13.45M14.17M12.84M12.52M13.01M11.82M
Other Non-Current Assets000000198.19K138.34K5.71M
Total Assets
79.21M▲ 0%
75.94M▼ 4.1%
68.77M▼ 9.4%
69.12M▲ 0.5%
100.25M▲ 45.0%
84.64M▼ 15.6%
103.01M▲ 21.7%
103.59M▲ 0.6%
108.4M▲ 4.6%
Asset Turnover0.62x0.80x0.95x0.86x0.70x0.90x0.82x0.72x0.58x
Asset Growth %--4.12%-9.44%0.51%45.02%-15.57%21.71%0.57%4.64%
Total Current Liabilities67.21M59.33M47.57M43.33M48.77M25.7M22.61M23.83M24.31M
Accounts Payable8.54M1.18M1.12M1.86M1.71M3.36M7.13M1.89M2.71M
Days Payables Outstanding78.439.168.0613.9710.6218.7936.1410.317.63
Short-Term Debt47.93M47.32M35.19M32.74M35.77M12.44M6.12M14.59M14.31M
Deferred Revenue (Current)2.3M5.53M1.22M1.52M4.67M4.4M3.41M1.55M1.32M
Other Current Liabilities2.55M4.17M8.15M5.64M4.57M4.06M502.1K0896.68K
Current Ratio0.89x0.96x1.01x1.09x1.58x2.51x3.55x3.25x2.89x
Quick Ratio0.38x0.59x0.63x0.61x1.11x1.54x2.37x2.27x1.81x
Cash Conversion Cycle396.26308.04234.19256.9277.42223.7231.14251.03352.33
Total Non-Current Liabilities000009.3M5.72M1.45M8.28M
Long-Term Debt000009.3M5.4M08.03M
Capital Lease Obligations000000000
Deferred Tax Liabilities000000000
Other Non-Current Liabilities000000317.68K308.91K255.34K
Total Liabilities67.21M59.33M47.57M43.33M48.77M35M28.33M25.28M32.59M
Total Debt47.93M47.32M35.19M32.74M35.77M21.74M11.52M14.59M22.34M
Net Debt44.16M46.01M34.13M31.94M20.42M8.54M-8.67M-3.53M12.71M
Debt / Equity3.99x2.85x1.66x1.27x0.69x0.44x0.15x0.19x0.29x
Debt / EBITDA7.96x5.30x3.90x6.28x10.69x5.86x3.62x--
Net Debt / EBITDA7.34x5.16x3.78x6.13x6.10x2.30x-2.73x--
Interest Coverage-4.16x4.00x2.65x2.20x2.30x12.87x--
Total Equity
12M▲ 0%
16.62M▲ 38.5%
21.21M▲ 27.6%
25.79M▲ 21.6%
51.48M▲ 99.6%
49.63M▼ 3.6%
74.68M▲ 50.5%
78.32M▲ 4.9%
75.81M▼ 3.2%
Equity Growth %-38.51%27.61%21.6%99.62%-3.58%50.47%4.87%-3.2%
Book Value per Share1.201.262.121.904.253.755.285.495.31
Total Shareholders' Equity11.91M16.49M21.03M25.56M51.21M49.38M74.41M78M75.51M
Common Stock2K2K2K2K2.63K2.65K2.85K2.86K2.86K
Retained Earnings-14.07M-8.87M-3.48M-159.19K2.12M3.8M6.68M7.7M6.31M
Treasury Stock000000000
Accumulated OCI3.45M2.83M1.98M3.19M4.88M1.37M445.74K2.97M1.84M
Minority Interest86.51K132.71K178.6K224.41K264.51K250.43K274.82K314.21K298K

HUDI Cash Flow Statement

Huadi International Group Co., Ltd. (HUDI) cash flow — operating, investing & free cash flow history

Line itemSep'17Sep'18Sep'19Sep'20Sep'21Sep'22Sep'23Sep'24Sep'25
Cash from Operations-9.12M1.21M2.35M3.2M-5.65M8.03M-2.45M12.99M-5.52M
Operating CF Margin %-18.46%2%3.58%5.42%-8.04%10.51%-2.9%17.5%-8.78%
Operating CF Growth %-113.26%93.97%36.55%-276.29%242.12%-130.49%630.85%-142.49%
Net Income9.24M5.25M5.45M3.36M2.56M1.95M3.3M137.42K-1.4M
Depreciation & Amortization923.41K726.66K648.25K753.63K767.68K824.98K715.88K759.4K643.34K
Stock-Based Compensation00000059.6K49K0
Deferred Taxes-93.41K-53.68K296.16K0-89K173.02K-64.61K-307.28K-494.81K
Other Non-Cash Items7.64M309.34K19.05K-654.14K-151.91K-564.28K-58.31K-45.67K1.29M
Working Capital Changes-11.64M-4.97M-4.06M-251.5K-8.73M5.65M-6.4M12.4M-5.56M
Change in Receivables3.12M-2.91M996.76K-260.2K-8.82M4.08M-3.84M5.46M-7.31M
Change in Inventory-7.77M-1.57M3.57M-1.99M-756.59K-4.65M-2.55M4.34M952.3K
Change in Payables-8.7M-7.45M-13.03K650.99K-238.64K1.96M3.98M-5.38M836.24K
Cash from Investing8.82M-527.75K-912.7K59.79K-897.25K-206.18K-3.59M-3.07M-14.97M
Capital Expenditures-309.99K-527.75K-912.7K-665K-917.54K-206.18K-157.57K-3.07M-14.73M
CapEx % of Revenue0.63%0.87%1.39%1.12%1.31%0.27%0.19%4.13%23.41%
Acquisitions000724.78K20.29K00016.44K
Investments---------
Other Investing9.13M00000-3.44M00
Cash from Financing-261.27K943.47K-3.49M-4.69M21.28M-9.74M11.58M-8.81M7.81M
Debt Issued (Net)-2.11M331.55K-10.69M-4.17M554.77K-11.58M-10.01M-8.79M7.86M
Equity Issued (Net)000021.68M023.01M00
Dividends Paid000000000
Share Repurchases000000000
Other Financing1.85M611.92K7.2M-519.22K-958.94K1.83M-1.42M-20.82K-48.53K
Net Change in Cash
-569.1K▲ 0%
1.43M▲ 351.1%
-2.18M▼ 252.6%
-1.31M▲ 39.9%
14.95M▲ 1239.9%
-2.11M▼ 114.1%
6.42M▲ 404.0%
1.57M▼ 75.6%
-12.9M▼ 923.3%
Free Cash Flow
-9.43M▲ 0%
682.01K▲ 107.2%
1.43M▲ 110.2%
2.54M▲ 77.1%
-6.57M▼ 358.6%
7.82M▲ 219.1%
-6.05M▼ 177.3%
9.93M▲ 264.2%
-20.25M▼ 304.0%
FCF Margin %-19.09%1.13%2.19%4.29%-9.35%10.24%-7.17%13.36%-32.19%
FCF Growth %-107.23%110.25%77.09%-358.59%219.12%-177.3%264.18%-303.98%
FCF per Share-0.940.050.140.19-0.540.59-0.430.70-1.42
FCF Conversion (FCF/Net Income)-0.99x0.23x0.44x0.96x-2.23x4.17x-0.75x94.55x3.95x
Interest Paid02.08M2.26M1.95M1.55M1.15M442.75K176.02K195.37K
Taxes Paid0221.94K202.7K135.26K480.5K64.02K25.77K328.43K3.23M

HUDI Key Ratios

Huadi International Group Co., Ltd. (HUDI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025
Return on Equity (ROE)76.97%36.31%28.51%14.14%6.55%3.81%5.24%0.18%-1.81%
Return on Invested Capital (ROIC)6.81%10.35%10.65%5.92%2.98%3.36%2.98%-1.82%-2.89%
Gross Margin19.58%21.93%22.32%18.03%16.11%14.58%14.65%9.85%10.8%
Net Margin18.69%8.6%8.23%5.62%3.6%2.52%3.86%0.18%-2.22%
Debt / Equity3.99x2.85x1.66x1.27x0.69x0.44x0.15x0.19x0.29x
Interest Coverage-4.16x4.00x2.65x2.20x2.30x12.87x--
FCF Conversion-0.99x0.23x0.44x0.96x-2.23x4.17x-0.75x94.55x3.95x
Revenue Growth-22.24%8.5%-9.74%18.79%8.71%10.43%-11.93%-15.32%

HUDI Frequently Asked Questions

Huadi International Group Co., Ltd. (HUDI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Huadi International Group Co., Ltd. (HUDI) reported $137.2M in revenue for fiscal year 2025. This represents a 178% increase from $49.4M in 2017.

Huadi International Group Co., Ltd. (HUDI) saw revenue decline by 15.3% over the past year.

Huadi International Group Co., Ltd. (HUDI) reported a net loss of $1.3M for fiscal year 2025.

Dividend & Returns

Huadi International Group Co., Ltd. (HUDI) has a return on equity (ROE) of -1.8%. Negative ROE indicates the company is unprofitable.

Huadi International Group Co., Ltd. (HUDI) had negative free cash flow of $14.8M in fiscal year 2025, likely due to heavy capital investments.

Explore More HUDI

Huadi International Group Co., Ltd. (HUDI) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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