Revenue growth remains highly erratic, fluctuating by as much as 28.2% in 2026Q1, while structural margin instability is highlighted by a gross margin that dropped to -0.8% in 2024Q3.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|
| Sales/Revenue | 21.06M | 19.7M | 17.95M | 17.8M | 18.05M | 24.09M | 21.06M | 32.27M | 49.42M | 56.24M | 64.27M | 59.36M | 57.83M | 56.06M |
| Revenue Growth % | 17.89% | 9.76% | 0.84% | -1.35% | -25.07% | 14.37% | -34.74% | -34.7% | -12.12% | -12.5% | 8.26% | 2.66% | 3.16% | - |
| Cost of Goods Sold | 17.32M | 16.11M | 14.35M | 14.55M | 14.91M | 20.32M | 17.97M | 27.9M | 39.38M | 42.48M | 47.15M | 43.01M | 43.62M | 43.45M |
| COGS % of Revenue | - | 81.78% | 79.94% | 81.7% | 82.61% | 84.37% | 85.33% | 86.44% | 79.68% | 75.54% | 73.36% | 72.46% | 75.44% | 77.5% |
| Gross Profit | 3.74M | 3.59M | 3.6M | 3.26M | 3.14M | 3.76M | 3.09M | 4.38M | 10.04M | 13.75M | 17.12M | 16.35M | 14.2M | 12.61M |
| Gross Margin % | 17.76% | 18.22% | 20.06% | 18.3% | 17.39% | 15.63% | 14.67% | 13.56% | 20.32% | 24.46% | 26.64% | 27.54% | 24.56% | 22.5% |
| Gross Profit Growth % | - | -0.31% | 10.53% | 3.82% | -16.63% | 21.83% | -29.39% | -56.42% | -27.01% | -19.65% | 4.69% | 15.11% | 12.62% | - |
| Operating Expenses | 4.04M | 3.97M | 4.21M | 3.66M | 4.26M | 4.27M | 4.13M | 7.49M | 10.56M | 13.27M | 14.32M | 13.69M | 12.56M | 10.5M |
| OpEx % of Revenue | - | 20.14% | 23.47% | 20.54% | 23.59% | 17.73% | 19.63% | 23.22% | 21.36% | 23.59% | 22.28% | 23.06% | 21.71% | 18.72% |
| Selling, General & Admin | 4.04M | 3.77M | 4.21M | 3.66M | 4.26M | 4.27M | 4.13M | 6.33M | 10.56M | 13.27M | 14.32M | 13.53M | 12.6M | 10.52M |
| SG&A % of Revenue | - | 19.12% | 23.47% | 20.54% | 23.59% | 17.73% | 19.63% | 19.61% | 21.36% | 23.59% | 22.28% | 22.8% | 21.78% | 18.77% |
| Research & Development | 0 | 200K | 200K | 200K | 200K | 0 | 0 | 287K | 375K | 345K | 496K | 633K | 633K | 838K |
| R&D % of Revenue | - | 1.01% | 1.11% | 1.12% | 1.11% | - | - | 0.89% | 0.76% | 0.61% | 0.77% | 1.07% | 1.09% | 1.49% |
| Other Operating Expenses | 0 | 0 | -200K | -200K | -200K | 0 | 0 | 876.99K | 0 | 0 | 11K | 0 | 0 | 0 |
| Operating Income | -298K | -378K | -612K | -399K | -1.12M | -506K | -1.04M | -3.12M | -516.63K | 487.85K | 2.8M | 2.82M | 1.61M | 2.09M |
| Operating Margin % | -1.42% | -1.92% | -3.41% | -2.24% | -6.21% | -2.1% | -4.96% | -9.66% | -1.05% | 0.87% | 4.36% | 4.74% | 2.78% | 3.73% |
| Operating Income Growth % | - | 38.24% | -53.38% | 64.38% | -121.34% | 51.52% | 66.52% | -503.4% | -205.9% | -82.6% | -0.48% | 75.03% | -23.02% | - |
| EBITDA | 330K | 263K | -267K | -120K | -737K | 457K | -184.98K | -1.97M | 718.79K | 2.03M | 4.22M | 4.6M | 3.68M | 4M |
| EBITDA Margin % | 1.57% | 1.33% | -1.49% | -0.67% | -4.08% | 1.9% | -0.88% | -6.1% | 1.45% | 3.62% | 6.57% | 7.74% | 6.37% | 7.14% |
| EBITDA Growth % | 4025% | 198.5% | -122.5% | 83.72% | -261.27% | 347.05% | 90.6% | -373.71% | -64.67% | -51.84% | -8.1% | 24.76% | -7.91% | - |
| D&A (Non-Cash Add-back) | 628K | 641K | 345K | 279K | 383K | 963K | 858.77K | 1.15M | 1.24M | 1.55M | 1.42M | 1.78M | 2.07M | 1.91M |
| EBIT | 95K | -378K | -637K | 393K | -1.02M | -7.16M | -1.01M | -1.95M | -646.18K | 504.9K | 2.78M | 2.73M | 1.67M | 2.14M |
| Net Interest Income | -883K | -878K | -862K | -628K | -450K | -564K | -1.17M | -2.03M | -2.07M | -1.58M | -1.45M | -1.35M | -1.11M | -1.44M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 72.83K | 22.14K | 22.14K |
| Interest Expense | 883K | 878K | 862K | 628K | 450K | 564K | 1.17M | 2.03M | 2.07M | 1.58M | 1.45M | 1.43M | 1.13M | 1.46M |
| Other Income/Expense | -2.16M | -2.15M | -887K | 164K | -347K | -7.22M | -1.14M | -2.72M | -2.08M | -1.7M | -1.51M | -1.51M | -1.07M | -1.41M |
| Pretax Income | -2.46M | -2.53M | -1.5M | -235K | -1.47M | -7.73M | -2.18M | -5.84M | -2.72M | -1.07M | 1.32M | 1.31M | 539.25K | 677.86K |
| Pretax Margin % | -11.66% | -12.84% | -8.35% | -1.32% | -8.13% | -32.09% | -10.35% | -18.09% | -5.5% | -1.91% | 2.06% | 2.2% | 0.93% | 1.21% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | -403.07K | 135.09K | 756.77K | 711.53K | 702.88K | 369.6K | 189.97K | 269.84K |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 18.5% | -2.31% | -27.84% | -66.42% | 53.05% | 28.27% | 35.23% | 39.81% |
| Net Income | -2.46M | -2.53M | -1.5M | -235K | -1.47M | -8.27M | -4.43M | -7.13M | -3.59M | -1.6M | 652.54K | 1.05M | 514.32K | 375.51K |
| Net Margin % | -11.66% | -12.84% | -8.35% | -1.32% | -8.13% | -34.34% | -21.06% | -22.09% | -7.26% | -2.85% | 1.02% | 1.76% | 0.89% | 0.67% |
| Net Income Growth % | -83.21% | -68.78% | -537.87% | 83.98% | 82.27% | -86.53% | 37.78% | -98.77% | -123.67% | -345.67% | -37.7% | 103.64% | 36.97% | - |
| Net Income (Continuing) | -2.46M | -2.53M | -1.5M | -235K | -1.47M | -7.73M | -1.78M | -5.97M | -3.48M | -1.78M | 621.94K | 937.67K | 349.28K | 408.03K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 174K | -2.52M | -2.1M | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | -718.21K | -856.84K | -1.07M | -919.57K | -739.82K | -198.46K | -72.8K | 108.23K |
| EPS (Diluted) | -0.94 | -1.01 | -0.70 | -0.13 | -2.20 | -20.70 | -18.90 | -20.20 | -10.00 | -4.50 | 1.80 | 3.00 | 1.50 | 1.10 |
| EPS Growth % | -58.76% | -43.67% | -457.94% | 94.27% | 89.37% | -9.52% | 6.44% | -102% | -122.22% | -350% | -40% | 100% | 36.36% | - |
| EPS (Basic) | - | -1.01 | -0.70 | -0.13 | -2.20 | -20.70 | -18.90 | -20.20 | -10.00 | -4.50 | 1.80 | 3.00 | 1.50 | 1.10 |
| Diluted Shares Outstanding | 2.6M | 2.67M | 2.34M | 1.95M | 930.19K | 587.89K | 470.57K | 383.6K | 357.89K | 356.89K | 356.64K | 343.71K | 343.94K | 340.48K |
| Basic Shares Outstanding | 2.6M | 2.67M | 2.34M | 1.95M | 930.19K | 587.89K | 470.57K | 383.6K | 357.89K | 356.89K | 356.64K | 349.11K | 342.88K | 341.38K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | 71.57% | 1.53% | 3.11% | 3.73% |
Liquidity and seasonal volatility
According to the provided quarterly income statements, YHGJ exhibits highly inconsistent revenue growth, fluctuating from a 28.2% expansion in 2026Q1 to a contraction of 8.9% in 2024Q4, reflecting the inherent seasonal sensitivity of the company's novelty balloon and specialty packaging product lines within the competitive retail landscape.
The erratic top-line performance suggests that the company remains heavily dependent on specific holiday-driven purchase cycles rather than consistent, recurring demand. Investors should monitor whether the recent 28.2% growth in 2026Q1 represents a sustainable shift in market share or merely a temporary recovery from prior seasonal troughs.
As reported in financial statements, YHGJ's gross margin has demonstrated significant instability, ranging from a low of -0.8% in 2024Q3 to a peak of 33.0% in 2024Q4, indicating a lack of pricing power and high vulnerability to fluctuations in raw material costs like polyethylene and latex.
The inability to maintain consistent gross margins suggests that the company acts as a price-taker, struggling to pass through input cost volatility to its retail partners. This margin profile appears to undermine the company's long-term viability unless the transition to 'Green' materials can command a meaningful price premium.
Based on the income statement data, YHGJ's operating income frequently dips into negative territory, such as the -$991.0K reported in 2024Q3, demonstrating that the current revenue scale is insufficient to effectively absorb fixed SG&A expenses and achieve meaningful operating leverage in its manufacturing operations.
The company's operating margin profile suggests that fixed costs are disproportionately high relative to the current volume of business. Without a significant increase in revenue scale, the company appears likely to continue struggling with operating losses, as the current cost structure lacks the necessary efficiency to scale profitably.
Analysis of the reported figures reveals a precarious financial position, where persistent net losses, such as the -$341.0K in 2026Q1, combined with extremely thin cash reserves, suggest that the company may face significant liquidity challenges if it cannot rapidly improve its working capital management and profitability.
Short-sellers would likely focus on the disconnect between the company's rebranding efforts and its inability to generate positive net income. The lack of a consistent path to profitability warrants further investigation into whether the company will require dilutive equity financing to sustain its ongoing operations.
Quick answers to the most common questions about buying YHGJ stock.
For fiscal year 2025, Yunhong Green CTI Ltd. (YHGJ) reported total revenue of $19.7M. This represents a 64.8% decline compared to $56.1M in 2013.
Yunhong Green CTI Ltd. (YHGJ) reported a net loss of $2.5M for the fiscal year ending 2025.
Yunhong Green CTI Ltd. (YHGJ) reported an operating income of $-0.4M, resulting in an operating profit margin of -1.9%. This margin reflects the operational efficiency of the business before interest and taxes.
Yunhong Green CTI Ltd. (YHGJ) generated $3.6M in gross profit for the year, representing a gross profit margin of 18.2%. This demonstrates the company's core pricing power and production efficiency.