The company's financial position remains vulnerable with a debt-to-equity ratio of 0.83 and a total equity base that has eroded to $7.4 million.
| Total Current Assets | 17.2M | 14.62M | 12.33M | 9.51M | 6.49M | 2.73M |
| Cash & Short-Term Investments | 4.43M | 3.13M | 2.74M | 1.36M | 75.06K | 155.24K |
| Cash Only | 4.43M | 3.1M | 2.74M | 1.36M | 75.06K | 155.24K |
| Short-Term Investments | 0 | 27.91K | 0 | 0 | 0 | 0 |
| Accounts Receivable | 10.01M | 9.89M | 8.71M | 6.1M | 5.18M | 1.65M |
| Days Sales Outstanding | 170.49 | 198.84 | 189.95 | 195.68 | 186.13 | 134.37 |
| Inventory | 1.1M | 1.33M | 530.05K | 213.04K | 540.65K | 355.01K |
| Days Inventory Outstanding | 28.08 | 41.73 | 17.09 | 9.94 | 27.82 | 54.18 |
| Other Current Assets | 300.3K | 42.58K | 107.13K | 1.53M | 536.46K | 482.8K |
| Total Non-Current Assets | 5.17M | 5.57M | 2.77M | 1.37M | 1.4M | 890.29K |
| Property, Plant & Equipment | 4.44M | 5.16M | 1.78M | 550.95K | 606.12K | 587.88K |
| Fixed Asset Turnover | 4.83x | 3.52x | 9.38x | 20.64x | 16.76x | 7.63x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 45.12K | 79.98K | 124.68K | 168.88K | 229.29K | 27 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | -72 | 805.89K | 575.1K | 448.56K | 0 |
| Total Assets | 22.36M | 20.18M | 15.1M | 10.87M | 7.88M | 3.62M |
| Asset Turnover | 0.96x | 0.90x | 1.11x | 1.05x | 1.29x | 1.24x |
| Asset Growth % | 10.8% | 33.64% | 38.91% | 37.93% | 117.76% | - |
| Total Current Liabilities | 13.01M | 13.32M | 9.21M | 7.3M | 4.99M | 2.64M |
| Accounts Payable | 5.39M | 4.47M | 4.53M | 3.02M | 2.58M | 798.02K |
| Days Payables Outstanding | 137.13 | 140.59 | 146.15 | 140.88 | 132.88 | 121.78 |
| Short-Term Debt | 4.09M | 6.01M | 1.79M | 2.54M | 1.17M | 459.77K |
| Deferred Revenue (Current) | 1.7M | 1.4M | 133.01K | 512.37K | 61.17K | 409.52K |
| Other Current Liabilities | 0 | -69.14K | 55.41K | -51.67K | -272.02K | 961.14K |
| Current Ratio | 1.32x | 1.10x | 1.34x | 1.30x | 1.30x | 1.04x |
| Quick Ratio | 1.24x | 1.00x | 1.28x | 1.27x | 1.19x | 0.90x |
| Cash Conversion Cycle | 61.43 | 99.98 | 60.89 | 64.74 | 81.06 | 66.76 |
| Total Non-Current Liabilities | 1.94M | 340.94K | 114.37K | 19.73K | 35.28K | 2.23K |
| Long-Term Debt | 1.92M | 260.3K | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 22.58K | 80.64K | 114.37K | 19.73K | 35.28K | 2.23K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 14.95M | 13.66M | 9.32M | 7.32M | 5.02M | 2.64M |
| Total Debt | 6.17M | 6.45M | 2.02M | 2.57M | 1.22M | 463.7K |
| Net Debt | 1.75M | 3.35M | -723.62K | 1.21M | 1.14M | 308.46K |
| Debt / Equity | 0.83x | 0.99x | 0.35x | 0.72x | 0.43x | 0.47x |
| Debt / EBITDA | - | - | 0.83x | 2.40x | 0.79x | 0.32x |
| Net Debt / EBITDA | - | - | -0.30x | 1.13x | 0.75x | 0.21x |
| Interest Coverage | -143.27x | -13.71x | 36.86x | 19.55x | 47.32x | 89.34x |
| Total Equity | 7.42M | 6.53M | 5.78M | 3.55M | 2.86M | 980.79K |
| Equity Growth % | 13.64% | 12.87% | 62.74% | 24.17% | 191.69% | - |
| Book Value per Share | 0.31 | 0.32 | 0.27 | 0.17 | 0.14 | 0.05 |
| Total Shareholders' Equity | 7.42M | 6.53M | 5.78M | 3.55M | 2.86M | 980.79K |
| Common Stock | 60 | 53 | 50 | 50 | 50 | 50 |
| Retained Earnings | -15.32M | 2.03M | 3.96M | 1.76M | 937.66K | -331.53K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -317.56K | -197K | 84.54K | 51.09K | 184.97K | 35.14K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
Imminent liquidity and solvency
According to recent financial filings, HUHU's total equity has declined to $7.4 million as of 2025Q4, while the accumulation of a $15.3 million deficit in retained earnings underscores a persistent trend of capital depletion that threatens the long-term viability of the company's current industrial business model.
The consistent erosion of retained earnings suggests that the company's operational losses are structurally embedded rather than transitory. Investors should monitor whether the current asset base can support future growth without necessitating further dilutive equity financing.
Based on reported figures, HUHU's debt-to-equity ratio has climbed to 0.83 in 2025Q4, reflecting a strategic shift toward debt financing as the company attempts to bridge the gap between its project-based revenue cycles and the high fixed costs inherent in its semiconductor equipment manufacturing operations.
While the absolute debt level of $6.2 million remains modest, the rising leverage ratio in the context of negative net margins warrants caution regarding the company's ability to service interest obligations. This trend may indicate that internal cash generation is insufficient to fund ongoing capital requirements.
As reported in quarterly statements, HUHU's cash position of $4.4 million against a current ratio of 1.32 suggests a narrowing liquidity buffer, which may leave the firm highly susceptible to shocks in the semiconductor CAPEX cycle or delays in project-based revenue collection from its domestic clients.
The current liquidity profile appears precarious given the company's history of burning cash to sustain operations. Any further deterioration in the current ratio could signal an inability to meet short-term obligations without external intervention or significant operational restructuring.
Data from the balance sheet indicates that PPE has expanded to $4.4 million, representing a significant portion of the $22.4 million in total assets, which highlights the company's commitment to maintaining specialized manufacturing infrastructure despite the ongoing challenges in achieving consistent profitability within the Chinese market.
The concentration of assets in PPE suggests a high-fixed-cost business model that requires substantial utilization to achieve break-even. The relatively low goodwill balance implies that the company's valuation is primarily tied to its physical assets rather than intangible brand equity or acquired intellectual property.
Quick answers to the most common questions about buying HUHU stock.
As of 2025, HUHUTECH International Group Inc. Ordinary Shares (HUHU) had total assets of $22.4M including $17.2M in current assets.
HUHUTECH International Group Inc. Ordinary Shares (HUHU) carries total debt of $6.2M, offset by $4.4M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
HUHUTECH International Group Inc. Ordinary Shares (HUHU) has total shareholders' equity (book value) of $7.4M ($0.31 book value per share). Book value represents the net worth of the company belonging to common stock holders.
HUHUTECH International Group Inc. Ordinary Shares (HUHU) reported a current ratio of 1.32x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.