Hongchang International Financials
This page shows Hongchang International (HCIL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Hongchang International has an operating margin of -13.4%, meaning the company retains $-13 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 up from -17.5% the prior year.
Hongchang International's revenue grew 7.1% year-over-year to $2.9M, a solid pace of expansion. This earns a growth score of 45/100.
Hongchang International carries a low D/E ratio of 0.17, meaning only $0.17 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.
Hongchang International's current ratio of 1.21 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 19/100, which could limit financial flexibility.
While Hongchang International generated -$7.3M in operating cash flow, capex of $4.0M consumed most of it, leaving -$11.4M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Hongchang International generates a -1.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 8/100. This is down from -0.9% the prior year.
Hongchang International passes 2 of 9 financial strength tests. No profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Hongchang International generates $15.53 in operating cash flow (-$7.3M OCF vs -$472K 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
Hongchang International generated $2.9M in revenue in fiscal year 2024. This represents an increase of 7.1% from the prior year.
Hongchang International's EBITDA was -$293K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 23.2% from the prior year.
Hongchang International reported -$472K in net income in fiscal year 2024. This represents a decrease of 24.7% from the prior year.
Hongchang International earned $0.00 per diluted share (EPS) in fiscal year 2024.
Cash & Balance Sheet
Hongchang International generated -$11.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 71.5% from the prior year.
Hongchang International held $241K in cash against $6.6M in long-term debt as of fiscal year 2024.
Hongchang International had 519M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Margins & Returns
Hongchang International's gross margin was 6.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 3.8 percentage points from the prior year.
Hongchang International's operating margin was -13.4% in fiscal year 2024, reflecting core business profitability. This is up 4.2 percentage points from the prior year.
Hongchang International's net profit margin was -16.5% in fiscal year 2024, showing the share of revenue converted to profit. This is down 2.3 percentage points from the prior year.
Hongchang International's ROE was -1.2% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 0.3 percentage points from the prior year.
Capital Allocation
Hongchang International invested $4.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 90.1% from the prior year.
HCIL Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.0M0.0% | $4.0M+15.8% | $3.5M-9.7% | $3.8M-44.3% | $6.9M+14768.3% | $46K-94.3% | $821K-58.6% | $2.0M |
| Cost of Revenue | $3.3M0.0% | $3.3M+15.2% | $2.9M-11.4% | $3.2M-36.5% | $5.1M+32381.3% | $16K-98.0% | $770K-59.1% | $1.9M |
| Gross Profit | $719K0.0% | $719K+18.4% | $607K-1.1% | $614K-66.1% | $1.8M+5797.6% | $31K-38.7% | $50K-49.2% | $99K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $377K0.0% | $377K+7.0% | $352K+361.9% | $76K-60.3% | $192K-18.2% | $235K+131.2% | $101K-17.2% | $123K |
| Operating Income | $341K0.0% | $341K+35.1% | $252K-53.1% | $537K-66.8% | $1.6M+884.3% | -$207K-292.2% | -$53K-119.4% | -$24K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $23K0.0% | $23K-45.8% | $43K+43.6% | $30K-80.5% | $153K+1523.8% | -$11K-97.8% | -$5K-639.6% | -$733 |
| Net Income | $304K0.0% | $304K+53.5% | $198K-60.3% | $500K-66.7% | $1.5M+585.1% | -$309K-406.7% | -$61K+5.8% | -$65K |
| EPS (Diluted) | $0.000.0% | $0.00 | $0.00 | $0.00 | $0.00+100.0% | $-0.00 | $0.00 | $0.00 |
HCIL Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $65.9M0.0% | $65.9M+6.7% | $61.7M+4.8% | $58.9M-1.0% | $59.5M+3.6% | $57.5M-7.5% | $62.1M+10.5% | $56.2M |
| Current Assets | $8.2M0.0% | $8.2M+51.2% | $5.4M+64.2% | $3.3M-16.1% | $3.9M-51.6% | $8.1M+85.8% | $4.4M-13.4% | $5.1M |
| Cash & Equivalents | $552K0.0% | $552K+1598.9% | $32K-35.1% | $50K-89.9% | $493K+105.0% | $241K-21.6% | $307K-3.3% | $317K |
| Inventory | $50K0.0% | $50K+25.6% | $39K+34.3% | $29K-18.9% | $36K | N/A | $1.9M+4.2% | $1.8M |
| Accounts Receivable | $5.9M0.0% | $5.9M+65.0% | $3.5M+154.7% | $1.4M-38.9% | $2.3M+4239.6% | $53K-82.0% | $291K-71.8% | $1.0M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $22.2M0.0% | $22.2M+15.9% | $19.1M+13.8% | $16.8M-8.9% | $18.5M-1.2% | $18.7M-12.7% | $21.4M+26.5% | $16.9M |
| Current Liabilities | $9.7M0.0% | $9.7M+42.4% | $6.8M+42.1% | $4.8M-25.8% | $6.4M-3.6% | $6.7M+1133.6% | $542K-37.4% | $866K |
| Long-Term Debt | $6.9M0.0% | $6.9M+1.0% | $6.8M+4.2% | $6.5M-0.5% | $6.6M-0.1% | $6.6M+1.8% | $6.4M+9.0% | $5.9M |
| Total Equity | $42.3M0.0% | $42.3M+2.1% | $41.4M+0.8% | $41.1M+2.1% | $40.3M+3.9% | $38.8M-4.6% | $40.7M+3.5% | $39.3M |
| Retained Earnings | $389K0.0% | $389K+22.7% | $317K+14.0% | $278K+977.8% | -$32K+97.5% | -$1.3M-24.8% | -$1.0M-6.3% | -$974K |
HCIL Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $641K+303.0% | -$316K-230.8% | -$96K+58.4% | -$230K-108.2% | $2.8M+159.8% | -$4.7M-1239.0% | $409K+113.2% | -$3.1M |
| Capital Expenditures | $857K+180.7% | $305K-26.6% | $416K+206.9% | $136K-2.8% | $139K+102.0% | -$6.8M-247.1% | $4.6M+6056.0% | $75K |
| Free Cash Flow | -$216K+65.3% | -$621K-21.4% | -$512K-40.0% | -$365K-113.8% | $2.6M+123.0% | -$11.5M-171.4% | -$4.2M-33.6% | -$3.2M |
| Investing Cash Flow | $857K+380.7% | -$305K+26.6% | -$416K-206.9% | -$136K-112.6% | $1.1M-82.8% | $6.3M+234.9% | -$4.6M-6053.0% | -$75K |
| Financing Cash Flow | $1.5M+36.8% | $1.1M+127.6% | $495K+719.3% | -$80K+97.7% | -$3.4M-105.1% | -$1.7M-139.4% | $4.2M+60.0% | $2.6M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
HCIL Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 17.9%0.0pp | 17.9%+0.4pp | 17.5%+1.5pp | 16.0%-10.3pp | 26.3%-40.0pp | 66.3%+60.1pp | 6.1%+1.1pp | 5.0% |
| Operating Margin | 8.5%0.0pp | 8.5%+1.2pp | 7.3%-6.7pp | 14.0%-9.5pp | 23.5%+469.0pp | -445.5%-439.1pp | -6.4%-5.2pp | -1.2% |
| Net Margin | 7.6%0.0pp | 7.6%+1.9pp | 5.7%-7.3pp | 13.0%-8.8pp | 21.8%+688.7pp | -666.9%-659.5pp | -7.4%-4.2pp | -3.3% |
| Return on Equity | 0.7%0.0pp | 0.7%+0.2pp | 0.5%-0.7pp | 1.2%-2.5pp | 3.7%+4.5pp | -0.8%-0.7pp | -0.1%+0.0pp | -0.2% |
| Return on Assets | 0.5%0.0pp | 0.5%+0.1pp | 0.3%-0.5pp | 0.9%-1.7pp | 2.5%+3.1pp | -0.5%-0.4pp | -0.1%+0.0pp | -0.1% |
| Current Ratio | 0.850.0 | 0.85+0.0 | 0.80+0.1 | 0.69+0.1 | 0.61-0.6 | 1.21-6.8 | 8.06+2.2 | 5.83 |
| Debt-to-Equity | 0.160.0 | 0.160.0 | 0.160.0 | 0.160.0 | 0.160.0 | 0.17+0.0 | 0.160.0 | 0.15 |
| FCF Margin | -5.4%+10.1pp | -15.5%-0.7pp | -14.7%-5.2pp | -9.5%-47.9pp | 38.4%+24818.5pp | -24780.1%-24263.9pp | -516.2%-356.2pp | -159.9% |
Frequently Asked Questions
What is Hongchang International's annual revenue?
Hongchang International (HCIL) reported $2.9M in total revenue for fiscal year 2024. This represents a 7.1% 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 Hongchang International's revenue growing?
Hongchang International (HCIL) revenue grew by 7.1% year-over-year, from $2.7M to $2.9M in fiscal year 2024.
Is Hongchang International profitable?
No, Hongchang International (HCIL) reported a net income of -$472K in fiscal year 2024, with a net profit margin of -16.5%.
What is Hongchang International's EBITDA?
Hongchang International (HCIL) had EBITDA of -$293K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Hongchang International have?
As of fiscal year 2024, Hongchang International (HCIL) had $241K in cash and equivalents against $6.6M in long-term debt.
What is Hongchang International's gross margin?
Hongchang International (HCIL) had a gross margin of 6.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Hongchang International's operating margin?
Hongchang International (HCIL) had an operating margin of -13.4% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Hongchang International's net profit margin?
Hongchang International (HCIL) had a net profit margin of -16.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Hongchang International's return on equity (ROE)?
Hongchang International (HCIL) has a return on equity of -1.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Hongchang International's free cash flow?
Hongchang International (HCIL) generated -$11.4M in free cash flow during fiscal year 2024. This represents a 71.5% 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 Hongchang International's operating cash flow?
Hongchang International (HCIL) generated -$7.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Hongchang International's total assets?
Hongchang International (HCIL) had $57.5M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Hongchang International's capital expenditures?
Hongchang International (HCIL) invested $4.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Hongchang International's current ratio?
Hongchang International (HCIL) had a current ratio of 1.21 as of fiscal year 2024, which is considered adequate.
What is Hongchang International's debt-to-equity ratio?
Hongchang International (HCIL) had a debt-to-equity ratio of 0.17 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Hongchang International's return on assets (ROA)?
Hongchang International (HCIL) had a return on assets of -0.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Hongchang International's cash runway?
Based on fiscal year 2024 data, Hongchang International (HCIL) had $241K in cash against an annual operating cash burn of $7.3M. This gives an estimated cash runway of approximately 0 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 Hongchang International's Piotroski F-Score?
Hongchang International (HCIL) 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Hongchang International's earnings high quality?
Hongchang International (HCIL) has an earnings quality ratio of 15.53x, 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 Hongchang International?
Hongchang International (HCIL) scores 29 out of 100 on our Financial Profile, indicating weak 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.