Hang Feng Technology Innovation Co., Ltd. Financials
This page shows Hang Feng Technology Innovation Co., Ltd. (FOFO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2025 shows a balance-sheet-funded R&D push, with external capital preserving cash while reported earnings turned deeply negative.
The non-obvious shift is that cash rose to$7.4M even as free cash flow fell to-$1.29M and net income to-$9.6M , because financing supplied$6.9M ; FY2025 was funded more by new capital than by operations. Against FY2024, when operating cash flow of$1.36M broadly backed net income of$867K , the latest year looks like a move from self-funding into development-stage spending, with R&D of$9.0M on just$2.3M of revenue.
The loss did not coincide with creditor pressure: liabilities were only
Shares outstanding increased to 7.6M from 5.3M while financing cash flow was
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Hang Feng Technology Innovation Co., Ltd.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Hang Feng Technology Innovation Co., Ltd. has an operating margin of -418.9%, meaning the company retains $-419 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 48.4% the prior year.
Hang Feng Technology Innovation Co., Ltd.'s revenue grew 14.7% year-over-year to $2.3M, a solid pace of expansion. This earns a growth score of 58/100.
Hang Feng Technology Innovation Co., Ltd. carries a low D/E ratio of 0.03, meaning only $0.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 32.97, Hang Feng Technology Innovation Co., Ltd. holds $32.97 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
While Hang Feng Technology Innovation Co., Ltd. generated -$1.3M in operating cash flow, capex of $886 consumed most of it, leaving -$1.3M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Hang Feng Technology Innovation Co., Ltd. generates a -112.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 21.3% the prior year.
Hang Feng Technology Innovation Co., Ltd. passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Hang Feng Technology Innovation Co., Ltd. generates $0.13 in operating cash flow (-$1.3M OCF vs -$9.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Hang Feng Technology Innovation Co., Ltd. generated $2.3M in revenue in fiscal year 2025. This represents an increase of 14.7% from the prior year.
Hang Feng Technology Innovation Co., Ltd.'s EBITDA was -$9.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1083.1% from the prior year.
Hang Feng Technology Innovation Co., Ltd. reported -$9.6M in net income in fiscal year 2025. This represents a decrease of 1206.2% from the prior year.
Hang Feng Technology Innovation Co., Ltd. earned $-1.65 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 850.0% from the prior year.
Cash & Balance Sheet
Hang Feng Technology Innovation Co., Ltd. generated -$1.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 197.5% from the prior year.
Hang Feng Technology Innovation Co., Ltd. held $7.4M in cash against $0 in long-term debt as of fiscal year 2025.
Hang Feng Technology Innovation Co., Ltd. had 8M shares outstanding in fiscal year 2025. This represents an increase of 43.1% from the prior year.
Margins & Returns
Hang Feng Technology Innovation Co., Ltd.'s operating margin was -418.9% in fiscal year 2025, reflecting core business profitability. This is down 467.3 percentage points from the prior year.
Hang Feng Technology Innovation Co., Ltd.'s net profit margin was -411.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 454.5 percentage points from the prior year.
Hang Feng Technology Innovation Co., Ltd.'s ROE was -112.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 133.4 percentage points from the prior year.
Capital Allocation
Hang Feng Technology Innovation Co., Ltd. invested $9.0M in research and development in fiscal year 2025.
Hang Feng Technology Innovation Co., Ltd. invested $886 in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 97.8% from the prior year.
FOFO Income Statement
| Metric | Q4'25 | Q4'24 |
|---|---|---|
| Revenue | N/A | N/A |
| Cost of Revenue | N/A | N/A |
| Gross Profit | N/A | N/A |
| R&D Expenses | N/A | N/A |
| SG&A Expenses | N/A | N/A |
| Operating Income | N/A | N/A |
| Interest Expense | N/A | N/A |
| Income Tax | N/A | N/A |
| Net Income | N/A | N/A |
| EPS (Diluted) | N/A | N/A |
FOFO Balance Sheet
| Metric | Q4'25 | Q4'24 |
|---|---|---|
| Total Assets | $8.8M+42.8% | $6.2M |
| Current Assets | $7.6M+33.1% | $5.7M |
| Cash & Equivalents | $7.4M+192.8% | $2.5M |
| Inventory | N/A | N/A |
| Accounts Receivable | $32K-41.4% | $55K |
| Goodwill | N/A | N/A |
| Total Liabilities | $285K-86.5% | $2.1M |
| Current Liabilities | $232K-89.1% | $2.1M |
| Long-Term Debt | N/A | N/A |
| Total Equity | $8.6M+110.1% | $4.1M |
| Retained Earnings | -$11.5M-496.3% | -$1.9M |
FOFO Cash Flow Statement
| Metric | Q4'25 | Q4'24 |
|---|---|---|
| Operating Cash Flow | N/A | N/A |
| Capital Expenditures | N/A | N/A |
| Free Cash Flow | N/A | N/A |
| Investing Cash Flow | N/A | N/A |
| Financing Cash Flow | N/A | N/A |
| Dividends Paid | N/A | N/A |
| Share Buybacks | N/A | N/A |
FOFO Financial Ratios
| Metric | Q4'25 | Q4'24 |
|---|---|---|
| Gross Margin | N/A | N/A |
| Operating Margin | N/A | N/A |
| Net Margin | N/A | N/A |
| Return on Equity | N/A | N/A |
| Return on Assets | N/A | N/A |
| Current Ratio | 32.97+30.3 | 2.71 |
| Debt-to-Equity | 0.03-0.5 | 0.52 |
| FCF Margin | N/A | N/A |
Frequently Asked Questions
What is Hang Feng Technology Innovation Co., Ltd.'s annual revenue?
Hang Feng Technology Innovation Co., Ltd. (FOFO) reported $2.3M in total revenue for fiscal year 2025. This represents a 14.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Hang Feng Technology Innovation Co., Ltd.'s revenue growing?
Hang Feng Technology Innovation Co., Ltd. (FOFO) revenue grew by 14.7% year-over-year, from $2.0M to $2.3M in fiscal year 2025.
Is Hang Feng Technology Innovation Co., Ltd. profitable?
No, Hang Feng Technology Innovation Co., Ltd. (FOFO) reported a net income of -$9.6M in fiscal year 2025, with a net profit margin of -411.8%.
What is Hang Feng Technology Innovation Co., Ltd.'s EBITDA?
Hang Feng Technology Innovation Co., Ltd. (FOFO) had EBITDA of -$9.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Hang Feng Technology Innovation Co., Ltd.'s operating margin?
Hang Feng Technology Innovation Co., Ltd. (FOFO) had an operating margin of -418.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Hang Feng Technology Innovation Co., Ltd.'s net profit margin?
Hang Feng Technology Innovation Co., Ltd. (FOFO) had a net profit margin of -411.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Hang Feng Technology Innovation Co., Ltd.'s return on equity (ROE)?
Hang Feng Technology Innovation Co., Ltd. (FOFO) has a return on equity of -112.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Hang Feng Technology Innovation Co., Ltd.'s free cash flow?
Hang Feng Technology Innovation Co., Ltd. (FOFO) generated -$1.3M in free cash flow during fiscal year 2025. This represents a -197.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Hang Feng Technology Innovation Co., Ltd.'s operating cash flow?
Hang Feng Technology Innovation Co., Ltd. (FOFO) generated -$1.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Hang Feng Technology Innovation Co., Ltd.'s total assets?
Hang Feng Technology Innovation Co., Ltd. (FOFO) had $8.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Hang Feng Technology Innovation Co., Ltd.'s capital expenditures?
Hang Feng Technology Innovation Co., Ltd. (FOFO) invested $886 in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Hang Feng Technology Innovation Co., Ltd. spend on research and development?
Hang Feng Technology Innovation Co., Ltd. (FOFO) invested $9.0M in research and development during fiscal year 2025.
What is Hang Feng Technology Innovation Co., Ltd.'s current ratio?
Hang Feng Technology Innovation Co., Ltd. (FOFO) had a current ratio of 32.97 as of fiscal year 2025, which is generally considered healthy.
What is Hang Feng Technology Innovation Co., Ltd.'s debt-to-equity ratio?
Hang Feng Technology Innovation Co., Ltd. (FOFO) had a debt-to-equity ratio of 0.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Hang Feng Technology Innovation Co., Ltd.'s return on assets (ROA)?
Hang Feng Technology Innovation Co., Ltd. (FOFO) had a return on assets of -108.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Hang Feng Technology Innovation Co., Ltd.'s cash runway?
Based on fiscal year 2025 data, Hang Feng Technology Innovation Co., Ltd. (FOFO) had $7.4M in cash against an annual operating cash burn of $1.3M. This gives an estimated cash runway of approximately 69 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Hang Feng Technology Innovation Co., Ltd.'s Piotroski F-Score?
Hang Feng Technology Innovation Co., Ltd. (FOFO) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Hang Feng Technology Innovation Co., Ltd.'s earnings high quality?
Hang Feng Technology Innovation Co., Ltd. (FOFO) has an earnings quality ratio of 0.13x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Hang Feng Technology Innovation Co., Ltd.?
Hang Feng Technology Innovation Co., Ltd. (FOFO) scores 43 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.