Hanjiao Group Inc Financials
This page shows Hanjiao Group Inc (HJGP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).
Revenue remains too small for the cost structure, so liabilities rather than operations are effectively financing the business.
Between FY2020 and FY2021, gross profit recovered from-$1.1M to$320K , yet SG&A still ran at$2.7M and operating cash flow remained-$2.3M . That mix explains why the current ratio kept sliding to 0.04x: unit economics improved, but the revenue base is still far too small to absorb overhead and meet near-term obligations.
FY2019's reported cash conversion was extraordinary: free cash flow reached
The balance sheet is carrying the strain: cash fell from
Financial Health Signals
Based on FY2021 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 Hanjiao Group Inc'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.
Hanjiao Group Inc has an operating margin of -168.8%, meaning the company retains $-169 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 -1580.5% the prior year.
Hanjiao Group Inc's revenue surged 273.3% year-over-year to $2.5M, reflecting rapid business expansion. This strong growth earns a score of 0/100.
Hanjiao Group Inc has a moderate D/E ratio of -2.78. This balance of debt and equity financing earns a leverage score of 39/100.
Hanjiao Group Inc's current ratio of 0.04 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While Hanjiao Group Inc generated -$2.3M in operating cash flow, capex of $140K consumed most of it, leaving -$2.5M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Hanjiao Group Inc passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Hanjiao Group Inc generates $0.34 in operating cash flow (-$2.3M OCF vs -$6.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Hanjiao Group Inc earns $-250.8 in operating income for every $1 of interest expense (-$4.3M vs $17K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Hanjiao Group Inc generated $2.5M in revenue in fiscal year 2021. This represents an increase of 273.3% from the prior year.
Hanjiao Group Inc's EBITDA was -$4.0M in fiscal year 2021, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 62.5% from the prior year.
Hanjiao Group Inc reported -$6.9M in net income in fiscal year 2021. This represents an increase of 54.2% from the prior year.
Cash & Balance Sheet
Hanjiao Group Inc generated -$2.5M in free cash flow in fiscal year 2021, representing cash available after capex. This represents an increase of 89.8% from the prior year.
Hanjiao Group Inc held $839K in cash against $0 in long-term debt as of fiscal year 2021.
Hanjiao Group Inc had 97M shares outstanding in fiscal year 2021. This represents an increase of 0.0% from the prior year.
Margins & Returns
Hanjiao Group Inc's gross margin was 12.7% in fiscal year 2021, indicating the percentage of revenue retained after direct costs. This is up 179.6 percentage points from the prior year.
Hanjiao Group Inc's operating margin was -168.8% in fiscal year 2021, reflecting core business profitability. This is up 1411.7 percentage points from the prior year.
Hanjiao Group Inc's net profit margin was -272.8% in fiscal year 2021, showing the share of revenue converted to profit. This is up 1951.2 percentage points from the prior year.
Capital Allocation
Hanjiao Group Inc invested $140K in capex in fiscal year 2021, funding long-term assets and infrastructure. This represents a decrease of 91.6% from the prior year.
HJGP Income Statement
| Metric | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8K-86.6% | $61K-91.3% | $706K-20.7% | $891K-15.3% | $1.1M+211.6% | $338K+40.4% | $240K-48.3% | $465K |
| Cost of Revenue | N/A | -$9K-102.1% | $447K-57.1% | $1.0M+106.2% | $506K-5.6% | $536K+365.7% | $115K-90.3% | $1.2M |
| Gross Profit | N/A | N/A | $259K+269.1% | -$153K-128.0% | $546K+375.5% | -$198K-258.1% | $125K+117.3% | -$724K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $288K-43.8% | $513K-1.8% | $523K-28.3% | $729K+17.9% | $618K+10.4% | $560K-25.7% | $754K-83.9% | $4.7M |
| Operating Income | -$359K+45.2% | -$655K-0.5% | -$652K+49.4% | -$1.3M-140.5% | -$536K+57.5% | -$1.3M-7.4% | -$1.2M+59.1% | -$2.9M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$1.1M+20.3% | -$1.4M+2.8% | -$1.5M+4.9% | -$1.6M-16.1% | -$1.3M+35.1% | -$2.1M-6.8% | -$1.9M+48.3% | -$3.7M |
| EPS (Diluted) | $-0.010.0% | $-0.01+50.0% | $-0.02 | N/A | $-0.01+50.0% | $-0.020.0% | $-0.02 | N/A |
HJGP Balance Sheet
| Metric | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $18.8M-6.0% | $20.0M-6.5% | $21.4M-3.0% | $22.0M-3.8% | $22.9M-2.4% | $23.5M-3.6% | $24.3M-6.6% | $26.1M |
| Current Assets | $230K-15.5% | $272K-43.0% | $476K-63.9% | $1.3M-84.3% | $8.4M-6.5% | $9.0M-9.8% | $10.0M-12.6% | $11.4M |
| Cash & Equivalents | $5K-78.2% | $22K-89.0% | $201K-76.1% | $839K-8.2% | $914K-11.3% | $1.0M-23.4% | $1.3M-49.3% | $2.7M |
| Inventory | $87K+0.5% | $87K+1385.7% | $6K-97.6% | $248K-76.0% | $1.0M-14.1% | $1.2M-10.2% | $1.3M-7.6% | $1.4M |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $33.7M-2.5% | $34.6M-2.1% | $35.3M+2.5% | $34.5M+2.6% | $33.6M+2.4% | $32.8M+4.0% | $31.5M+0.4% | $31.4M |
| Current Liabilities | $33.7M-2.5% | $34.6M-1.7% | $35.2M+2.2% | $34.5M+2.6% | $33.6M+2.4% | $32.8M+4.0% | $31.5M+0.7% | $31.3M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$15.0M-2.4% | -$14.6M-4.7% | -$13.9M-12.3% | -$12.4M-16.2% | -$10.7M-14.5% | -$9.3M-29.7% | -$7.2M-35.0% | -$5.3M |
| Retained Earnings | -$24.5M-4.9% | -$23.4M-6.5% | -$22.0M-7.2% | -$20.5M-8.2% | -$18.9M-7.6% | -$17.6M-13.3% | -$15.5M-14.2% | -$13.6M |
HJGP Cash Flow Statement
| Metric | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $38K+123.6% | -$159K+75.1% | -$639K-299.0% | -$160K-216.6% | $137K+113.8% | -$993K+23.9% | -$1.3M-21.8% | -$1.1M |
| Capital Expenditures | N/A | N/A | N/A | -$57K-129.4% | $193K | N/A | N/A | -$118K |
| Free Cash Flow | N/A | N/A | N/A | -$217K-288.7% | -$56K | N/A | N/A | -$1.2M |
| Investing Cash Flow | $0 | N/A | N/A | $57K+129.4% | -$193K | N/A | N/A | $118K |
| Financing Cash Flow | N/A | N/A | N/A | $0 | $0 | $0 | $0+100.0% | -$250K |
| Dividends Paid | N/A | N/A | N/A | $0 | $0 | $0 | $0-100.0% | $18K |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
HJGP Financial Ratios
| Metric | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | 36.6%+53.8pp | -17.2%-69.1pp | 51.9%+110.6pp | -58.7%-110.8pp | 52.1%+207.8pp | -155.6% |
| Operating Margin | -4372.1%-3304.3pp | -1067.8%-975.5pp | -92.4%+52.3pp | -144.6%-93.7pp | -50.9%+322.1pp | -373.0%+114.6pp | -487.7%+128.1pp | -615.8% |
| Net Margin | -13922.6%-11584.2pp | -2338.4%-2129.3pp | -209.1%-34.9pp | -174.2%-47.2pp | -127.0%+482.9pp | -609.9%+192.0pp | -802.0%-0.4pp | -801.5% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -6.1%+1.1pp | -7.2%-0.3pp | -6.9%+0.1pp | -7.0%-1.2pp | -5.8%+2.9pp | -8.8%-0.8pp | -7.9%+6.4pp | -14.3% |
| Current Ratio | 0.010.0 | 0.010.0 | 0.01-0.0 | 0.04-0.2 | 0.25-0.0 | 0.27-0.0 | 0.32-0.0 | 0.37 |
| Debt-to-Equity | -2.26+0.1 | -2.37+0.2 | -2.53+0.2 | -2.78+0.4 | -3.14+0.4 | -3.52+0.9 | -4.39+1.5 | -5.90 |
| FCF Margin | N/A | N/A | N/A | -24.3%-19.0pp | -5.3% | N/A | N/A | -255.4% |
Note: Shareholder equity is negative (-$12.4M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.04), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Hanjiao Group Inc's annual revenue?
Hanjiao Group Inc (HJGP) reported $2.5M in total revenue for fiscal year 2021. This represents a 273.3% 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 Hanjiao Group Inc's revenue growing?
Hanjiao Group Inc (HJGP) revenue grew by 273.3% year-over-year, from $675K to $2.5M in fiscal year 2021.
Is Hanjiao Group Inc profitable?
No, Hanjiao Group Inc (HJGP) reported a net income of -$6.9M in fiscal year 2021, with a net profit margin of -272.8%.
What is Hanjiao Group Inc's EBITDA?
Hanjiao Group Inc (HJGP) had EBITDA of -$4.0M in fiscal year 2021, measuring earnings before interest, taxes, depreciation, and amortization.
What is Hanjiao Group Inc's gross margin?
Hanjiao Group Inc (HJGP) had a gross margin of 12.7% in fiscal year 2021, indicating the percentage of revenue retained after direct costs of goods sold.
What is Hanjiao Group Inc's operating margin?
Hanjiao Group Inc (HJGP) had an operating margin of -168.8% in fiscal year 2021, reflecting the profitability of core business operations before interest and taxes.
What is Hanjiao Group Inc's net profit margin?
Hanjiao Group Inc (HJGP) had a net profit margin of -272.8% in fiscal year 2021, representing the share of revenue converted into profit after all expenses.
What is Hanjiao Group Inc's free cash flow?
Hanjiao Group Inc (HJGP) generated -$2.5M in free cash flow during fiscal year 2021. This represents a 89.8% 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 Hanjiao Group Inc's operating cash flow?
Hanjiao Group Inc (HJGP) generated -$2.3M in operating cash flow during fiscal year 2021, representing cash generated from core business activities.
What are Hanjiao Group Inc's total assets?
Hanjiao Group Inc (HJGP) had $22.0M in total assets as of fiscal year 2021, including both current and long-term assets.
What are Hanjiao Group Inc's capital expenditures?
Hanjiao Group Inc (HJGP) invested $140K in capital expenditures during fiscal year 2021, funding long-term assets and infrastructure.
What is Hanjiao Group Inc's current ratio?
Hanjiao Group Inc (HJGP) had a current ratio of 0.04 as of fiscal year 2021, which is below 1.0, which may suggest potential liquidity concerns.
What is Hanjiao Group Inc's debt-to-equity ratio?
Hanjiao Group Inc (HJGP) had a debt-to-equity ratio of -2.78 as of fiscal year 2021, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Hanjiao Group Inc's return on assets (ROA)?
Hanjiao Group Inc (HJGP) had a return on assets of -31.2% for fiscal year 2021, measuring how efficiently the company uses its assets to generate profit.
What is Hanjiao Group Inc's cash runway?
Based on fiscal year 2021 data, Hanjiao Group Inc (HJGP) had $839K in cash against an annual operating cash burn of $2.3M. This gives an estimated cash runway of approximately 4 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.
Why is Hanjiao Group Inc's debt-to-equity ratio negative or unusual?
Hanjiao Group Inc (HJGP) has negative shareholder equity of -$12.4M as of fiscal year 2021, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Hanjiao Group Inc's Piotroski F-Score?
Hanjiao Group Inc (HJGP) has a Piotroski F-Score of 5 out of 9, indicating neutral 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 Hanjiao Group Inc's earnings high quality?
Hanjiao Group Inc (HJGP) has an earnings quality ratio of 0.34x, 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.
Can Hanjiao Group Inc cover its interest payments?
Hanjiao Group Inc (HJGP) has an interest coverage ratio of -250.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Hanjiao Group Inc?
Hanjiao Group Inc (HJGP) scores 13 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.