Haoxin Holdings Limited Class A Ordinary Shares(HXHX)Earnings, Financials & Key Ratios
HXHX•NASDAQ
$0.51
$8M mkt cap·2.4× P/E·Price updated May 6, 2026
AboutHaoxin Holdings Limited is a China-based logistics company specializing in temperature-controlled truckload and urban delivery services. Founded in 2003, the company began its urban delivery operations and expanded into temperature-controlled logistics in 2016. Haoxin operates through subsidiaries including Ningbo Haoxin, Zhejiang Haoxin, Longanda, and Haiyue. The company’s services cater to factory logistics, transporting goods such as electronic devices, chemicals, fruits, food, and commercial products. Haoxin is recognized as a 3A-Grade transportation service provider by the China Federation of Logistics and Purchasing.Show more
- Revenue$26M-4.1%
- EBITDA$6M-9.9%
- Net Income$3M-20.0%
- EPS (Diluted)0.21-19.2%
- Gross Margin25.36%-1.4%
- EBITDA Margin23.24%-6.1%
- Operating Margin21.67%-3.8%
- Net Margin12.41%-16.6%
- ROE18.63%-34.1%
- ROIC20.35%-23.4%
- Debt/Equity0.19-16.7%
- Interest Coverage29.33-24.8%
HXHX Key Insights
Haoxin Holdings Limited Class A Ordinary Shares (HXHX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 29.1%
- ✓Healthy 5Y average net margin of 14.2%
- ✓Trading at only 0.4x book value
✗Weaknesses
- ✗Negative free cash flow
- ✗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.
HXHX Price & Volume
Haoxin Holdings Limited Class A Ordinary Shares (HXHX) stock price & volume — 10-year historical chart
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HXHX Growth Metrics
Haoxin Holdings Limited Class A Ordinary Shares (HXHX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-5.11%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-15.55%
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-15.66%
TTM-
Return on Capital
10 Years58.53%
5 Years58.53%
3 Years43.94%
Last Year32.02%
HXHX Peer Comparison
Haoxin Holdings Limited Class A Ordinary Shares (HXHX) competitors in Truckload and Specialized Carriers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CLPS | 25.89M | 0.93 | -3.56 | 15.17% | -1.27% | -6.06% | 0.59 | |
 RETO | 356.46K | 0.65 | -0.04 | -43.49% | -291.88% | -183.45% | 0.00 | |
 AIXI | 7.9M | 0.75 | -0.47 | 18.84% | -45.89% | |||
 GFAI | 10.88M | 0.50 | -0.94 | 0.18% | -32.94% | -69.69% | 0.08 | |
 CNET | 1.99M | 0.75 | -0.40 | -49.52% | -33.36% | -60.34% | 0.03 | |
 BTBT | 621.7M | 1.93 | 9.65 | 264.59% | 21.41% | 0.03 | ||
 FTFT | 7.02M | 1.39 | -0.60 | 77.47% | -120.63% | -16.38% | 0.04 | |
 NXRT | 757.54M | 29.85 | -23.69 | -3.24% | -12.67% | -10.13% | 5.18 |
Compare HXHX vs Peers
Haoxin Holdings Limited Class A Ordinary Shares (HXHX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
HXHX Income Statement
Haoxin Holdings Limited Class A Ordinary Shares (HXHX) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 |
|---|---|---|---|---|---|
| Sales/Revenue | 13.95M | 29.93M | 28.95M | 26.66M | 25.57M |
| Revenue Growth % | - | 114.51% | -3.27% | -7.89% | -4.1% |
| Cost of Goods Sold | 11.14M | 22.1M | 21.21M | 19.81M | 19.09M |
| COGS % of Revenue | 79.82% | 73.85% | 73.25% | 74.27% | 74.64% |
| Gross Profit | 2.82M▲ 0% | 7.82M▲ 178.0% | 7.74M▼ 1.0% | 6.86M▼ 11.4% | 6.49M▼ 5.5% |
| Gross Margin % | 20.18% | 26.15% | 26.75% | 25.73% | 25.36% |
| Gross Profit Growth % | - | 177.95% | -1.05% | -11.4% | -5.45% |
| Operating Expenses | 629.71K | 679.87K | 1.54M | 851.51K | 945.05K |
| OpEx % of Revenue | 4.51% | 2.27% | 5.31% | 3.19% | 3.7% |
| Selling, General & Admin | 629.71K | 679.87K | 1.54M | 851.51K | 945.05K |
| SG&A % of Revenue | 4.51% | 2.27% | 5.31% | 3.19% | 3.7% |
| Research & Development | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 2.19M▲ 0% | 7.14M▲ 226.9% | 6.21M▼ 13.1% | 6.01M▼ 3.2% | 5.54M▼ 7.8% |
| Operating Margin % | 15.67% | 23.88% | 21.44% | 22.53% | 21.67% |
| Operating Income Growth % | - | 226.94% | -13.14% | -3.19% | -7.78% |
| EBITDA | 3.52M | 8.43M | 7.1M | 6.6M | 5.94M |
| EBITDA Margin % | 25.26% | 28.16% | 24.53% | 24.75% | 23.24% |
| EBITDA Growth % | - | 139.12% | -15.73% | -7.07% | -9.94% |
| D&A (Non-Cash Add-back) | 1.34M | 1.28M | 894.97K | 591.12K | 402.59K |
| EBIT | 2.27M | 7.26M | 6.09M | 5.66M | 4.78M |
| Net Interest Income | -361.97K | -254.33K | -166.02K | -154.05K | -188.9K |
| Interest Income | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 361.97K | 254.33K | 166.02K | 154.05K | 188.9K |
| Other Income/Expense | -277.67K | -141.83K | -282.84K | -503.75K | -946.47K |
| Pretax Income | 1.91M▲ 0% | 7M▲ 267.1% | 5.92M▼ 15.4% | 5.5M▼ 7.1% | 4.59M▼ 16.5% |
| Pretax Margin % | 13.68% | 23.4% | 20.46% | 20.64% | 17.96% |
| Income Tax | 352.85K | 1.73M | 1.64M | 1.53M | 1.42M |
| Effective Tax Rate % | 18.5% | 24.75% | 27.62% | 27.88% | 30.91% |
| Net Income | 1.55M▲ 0% | 5.27M▲ 238.9% | 4.29M▼ 18.6% | 3.97M▼ 7.4% | 3.17M▼ 20.0% |
| Net Margin % | 11.15% | 17.61% | 14.81% | 14.89% | 12.41% |
| Net Income Growth % | - | 238.9% | -18.64% | -7.41% | -20.05% |
| Net Income (Continuing) | 1.55M | 5.27M | 4.29M | 3.97M | 3.17M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.10▲ 0% | 0.35▲ 250.0% | 0.29▼ 17.1% | 0.26▼ 10.3% | 0.21▼ 19.2% |
| EPS Growth % | - | 250% | -17.14% | -10.34% | -19.23% |
| EPS (Basic) | 0.10 | 0.35 | 0.31 | 0.29 | 0.23 |
| Diluted Shares Outstanding | 15M | 15M | 15M | 15M | 15M |
| Basic Shares Outstanding | 15M | 15M | 13.75M | 13.75M | 13.75M |
| Dividend Payout Ratio | - | - | - | - | - |
HXHX Balance Sheet
Haoxin Holdings Limited Class A Ordinary Shares (HXHX) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 |
|---|---|---|---|---|---|
| Total Current Assets | 8.77M | 17.47M | 19.54M | 26.47M | 31.06M |
| Cash & Short-Term Investments | 209.26K | 776.89K | 98.13K | 86.29K | 170.43K |
| Cash Only | 209.26K | 776.89K | 98.13K | 86.29K | 170.43K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 7.59M | 15.07M | 12.74M | 19.78M | 20.15M |
| Days Sales Outstanding | 198.55 | 183.85 | 160.6 | 270.74 | 287.68 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - |
| Other Current Assets | 3.75K | 3.84K | 3.54K | 3.44K | 3.35K |
| Total Non-Current Assets | 3.86M | 2.93M | 2.14M | 1.68M | 1.32M |
| Property, Plant & Equipment | 3.48M | 2.51M | 1.57M | 906.06K | 537.45K |
| Fixed Asset Turnover | 4.01x | 11.91x | 18.40x | 29.43x | 47.58x |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 173 | 169 | 164 |
| Other Non-Current Assets | 383.63K | 392.01K | 502.51K | 636.28K | 645.61K |
| Total Assets | 12.63M▲ 0% | 20.39M▲ 61.5% | 21.69M▲ 6.3% | 28.15M▲ 29.8% | 32.38M▲ 15.0% |
| Asset Turnover | 1.10x | 1.47x | 1.33x | 0.95x | 0.79x |
| Asset Growth % | - | 61.46% | 6.34% | 29.8% | 15.03% |
| Total Current Liabilities | 8.51M | 11.26M | 9.28M | 12.06M | 13.86M |
| Accounts Payable | 2.11M | 2.73M | 1.04M | 1.27M | 608.23K |
| Days Payables Outstanding | 69.2 | 45.01 | 17.9 | 23.4 | 11.63 |
| Short-Term Debt | 2.54M | 2.84M | 2.41M | 3.15M | 3.32M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 209.44K | 165.7K | 125.56K | 121.6K | 200.08K |
| Current Ratio | 1.03x | 1.55x | 2.11x | 2.19x | 2.24x |
| Quick Ratio | 1.03x | 1.55x | 2.11x | 2.19x | 2.24x |
| Cash Conversion Cycle | - | - | - | - | - |
| Total Non-Current Liabilities | 639.48K | 244.19K | 16.86K | 392.19K | 144.7K |
| Long-Term Debt | 287.97K | 244.19K | 0 | 389.19K | 144.7K |
| Capital Lease Obligations | 351.51K | 0 | 16.86K | 3K | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 9.15M | 11.5M | 9.3M | 12.45M | 14.01M |
| Total Debt | 4.16M | 3.45M | 2.47M | 3.56M | 3.47M |
| Net Debt | 3.95M | 2.67M | 2.37M | 3.47M | 3.3M |
| Debt / Equity | 1.20x | 0.39x | 0.20x | 0.23x | 0.19x |
| Debt / EBITDA | 1.18x | 0.41x | 0.35x | 0.54x | 0.58x |
| Net Debt / EBITDA | 1.12x | 0.32x | 0.33x | 0.53x | 0.56x |
| Interest Coverage | 6.04x | 28.09x | 37.38x | 39.00x | 29.33x |
| Total Equity | 3.48M▲ 0% | 8.89M▲ 155.6% | 12.39M▲ 39.3% | 15.7M▲ 26.7% | 18.37M▲ 17.0% |
| Equity Growth % | - | 155.58% | 39.26% | 26.74% | 17.04% |
| Book Value per Share | 0.23 | 0.59 | 0.83 | 1.05 | 1.22 |
| Total Shareholders' Equity | 3.48M | 8.89M | 12.39M | 15.7M | 18.37M |
| Common Stock | 0 | 1.2K | 1.2K | 1.2K | 1.2K |
| Retained Earnings | 311.59K | 5.18M | 9.05M | 12.73M | 15.91M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 211.06K | 754.03K | 378.63K | 6.4K | -492.74K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
HXHX Cash Flow Statement
Haoxin Holdings Limited Class A Ordinary Shares (HXHX) cash flow — operating, investing & free cash flow history
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 |
|---|---|---|---|---|---|
| Cash from Operations | 2.46M | 1.54M | -433.88K | 933.49K | -3.96M |
| Operating CF Margin % | 17.65% | 5.14% | -1.5% | 3.5% | -15.48% |
| Operating CF Growth % | - | -37.5% | -128.19% | 315.15% | -523.99% |
| Net Income | 1.55M | 5.27M | 4.29M | 3.97M | 3.17M |
| Depreciation & Amortization | 1.34M | 1.28M | 894.97K | 591.12K | 402.59K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | -95 | -20.98K | -49.93K | 21.91K | -5.67K |
| Other Non-Cash Items | -250.31K | -90.29K | 204.65K | -34.91K | 152.04K |
| Working Capital Changes | -180.88K | -4.9M | -5.77M | -3.61M | -7.68M |
| Change in Receivables | -894.09K | -7.33M | 66.73K | -6.73M | -3.92M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -87.62K | 557.76K | -1.52M | 259.72K | -635.62K |
| Cash from Investing | -304.9K | -287.56K | -66.74K | -5.51K | 995.78K |
| Capital Expenditures | -652.08K | -287.63K | -66.74K | -12.15K | -4.3K |
| CapEx % of Revenue | 4.67% | 0.96% | 0.23% | 0.05% | 0.02% |
| Acquisitions | 50.3K | 12 | 0 | 937 | 0 |
| Investments | - | - | - | - | - |
| Other Investing | 296.88K | 66 | 0 | 5.7K | 1M |
| Cash from Financing | -2.44M | -695.47K | -134.65K | -937.04K | 3.05M |
| Debt Issued (Net) | -823.99K | -1.29M | -394.24K | 1.19M | 65.39K |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1.61M | 595.44K | 259.59K | -2.13M | 2.98M |
| Net Change in Cash | -263.86K▲ 0% | 567.72K▲ 315.2% | -679.06K▼ 219.6% | -11.94K▲ 98.2% | 84.05K▲ 804.0% |
| Free Cash Flow | 1.81M▲ 0% | 1.25M▼ 30.9% | -500.62K▼ 140.0% | 921.34K▲ 284.0% | -3.96M▼ 530.0% |
| FCF Margin % | 12.97% | 4.18% | -1.73% | 3.46% | -15.49% |
| FCF Growth % | - | -30.87% | -140.01% | 284.04% | -530.05% |
| FCF per Share | 0.12 | 0.08 | -0.03 | 0.06 | -0.26 |
| FCF Conversion (FCF/Net Income) | 1.58x | 0.29x | -0.10x | 0.24x | -1.25x |
| Interest Paid | 362.03K | 254.36K | 166.02K | 154.05K | 182.89K |
| Taxes Paid | 8.82K | 90.22K | 172.56K | 27.46K | 66.79K |
HXHX Key Ratios
Haoxin Holdings Limited Class A Ordinary Shares (HXHX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Return on Equity (ROE) | 44.68% | 85.17% | 40.29% | 28.27% | 18.63% |
| Return on Invested Capital (ROIC) | 22.06% | 56.43% | 35.37% | 26.56% | 20.35% |
| Gross Margin | 20.18% | 26.15% | 26.75% | 25.73% | 25.36% |
| Net Margin | 11.15% | 17.61% | 14.81% | 14.89% | 12.41% |
| Debt / Equity | 1.20x | 0.39x | 0.20x | 0.23x | 0.19x |
| Interest Coverage | 6.04x | 28.09x | 37.38x | 39.00x | 29.33x |
| FCF Conversion | 1.58x | 0.29x | -0.10x | 0.24x | -1.25x |
| Revenue Growth | - | 114.51% | -3.27% | -7.89% | -4.1% |
HXHX Frequently Asked Questions
Haoxin Holdings Limited Class A Ordinary Shares (HXHX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Haoxin Holdings Limited Class A Ordinary Shares (HXHX) reported $25.6M in revenue for fiscal year 2024. This represents a 83% increase from $14.0M in 2020.
Haoxin Holdings Limited Class A Ordinary Shares (HXHX) saw revenue decline by 4.1% over the past year.
Yes, Haoxin Holdings Limited Class A Ordinary Shares (HXHX) is profitable, generating $3.2M in net income for fiscal year 2024 (12.4% net margin).
Dividend & Returns
Haoxin Holdings Limited Class A Ordinary Shares (HXHX) has a return on equity (ROE) of 18.6%. This is reasonable for most industries.
Haoxin Holdings Limited Class A Ordinary Shares (HXHX) had negative free cash flow of $4.0M in fiscal year 2024, likely due to heavy capital investments.
Explore More HXHX
Haoxin Holdings Limited Class A Ordinary Shares (HXHX) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
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Dividend History
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Earnings History
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Price History
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Revenue History
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Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
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