Huineng Technology Corporation Financials
This page shows Huineng Technology Corporation (HNIT) 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).
Financial Health Signals
Huineng Technology Corporation passes 0 of 9 financial strength tests. No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Huineng Technology Corporation generates $1.60 in operating cash flow (-$56K OCF vs -$35K 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
Huineng Technology Corporation generated $14K in revenue in fiscal year 2025. This represents a decrease of 44.7% from the prior year.
Huineng Technology Corporation's EBITDA was -$35K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 9.0% from the prior year.
Huineng Technology Corporation reported -$35K in net income in fiscal year 2025. This represents an increase of 10.9% from the prior year.
Huineng Technology Corporation earned $-0.00 per diluted share (EPS) in fiscal year 2025. This represents an increase of 88.0% from the prior year.
Cash & Balance Sheet
Huineng Technology Corporation held $758 in cash against $0 in long-term debt as of fiscal year 2025.
Huineng Technology Corporation had 45M shares outstanding in fiscal year 2025. This represents an increase of 703.3% from the prior year.
Margins & Returns
Huineng Technology Corporation's gross margin was 100.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.0 percentage points from the prior year.
Huineng Technology Corporation's operating margin was -251.8% in fiscal year 2025, reflecting core business profitability. This is down 99.2 percentage points from the prior year.
Huineng Technology Corporation's net profit margin was -246.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 93.6 percentage points from the prior year.
Capital Allocation
HNIT Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5K-4.1% | $5K+44.1% | $3K+183.3% | $1K-76.0% | $5K-30.6% | $7K+4.3% | $7K+4.5% | $7K |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $5K-4.1% | $5K+44.1% | $3K+183.3% | $1K-76.0% | $5K-30.6% | $7K+4.3% | $7K+4.5% | $7K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $14K+44.2% | $10K-39.2% | $16K+49.5% | $11K-32.9% | $16K-44.3% | $28K+170.0% | $10K+1.9% | $10K |
| Operating Income | N/A | -$5K | N/A | N/A | N/A | -$21K | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$9K-94.2% | -$5K+59.3% | -$12K-24.0% | -$9K+12.9% | -$11K+49.0% | -$21K-487.9% | -$4K+2.9% | -$4K |
| EPS (Diluted) | N/A | $-0.00+50.0% | $-0.00+80.0% | $-0.00 | N/A | $-0.00-344.4% | $-0.000.0% | $-0.00 |
HNIT Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $13K+49.2% | $8K-53.3% | $18K-35.5% | $28K+32.8% | $21K-16.8% | $25K+58.2% | $16K+26.9% | $13K |
| Current Assets | $11K+65.4% | $7K-59.0% | $16K-37.9% | $26K+37.7% | $19K-17.9% | $23K+70.8% | $13K+36.1% | $10K |
| Cash & Equivalents | $758-65.1% | $2K-74.3% | $8K+3635.4% | $226-97.8% | $10K-43.1% | $18K+859.3% | $2K-80.4% | $10K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | $4K | N/A | N/A | $7K | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $18K+261.9% | $5K-49.0% | $10K+19.0% | $8K-72.6% | $31K+22.7% | $25K+4.3% | $24K+34.2% | $18K |
| Current Liabilities | $18K+261.9% | $5K-49.0% | $10K+19.0% | $8K-72.6% | $31K+22.7% | $25K+4.3% | $24K+34.2% | $18K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$6K-274.2% | $3K-58.5% | $8K-58.8% | $20K+305.6% | -$10K-2549.0% | $390+104.9% | -$8K-51.6% | -$5K |
| Retained Earnings | -$80K-13.0% | -$71K-7.2% | -$66K-21.5% | -$54K-21.0% | -$45K-31.8% | -$34K-164.9% | -$13K-39.0% | -$9K |
HNIT Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$48K-664.2% | -$6K-177.3% | $8K+183.7% | -$10K-11.6% | -$9K+34.0% | -$13K-52.2% | -$9K-383.0% | $3K |
| Capital Expenditures | N/A | N/A | N/A | N/A | $0 | $0 | $0-100.0% | $729 |
| Free Cash Flow | N/A | N/A | N/A | N/A | -$9K+34.0% | -$13K-52.2% | -$9K-471.6% | $2K |
| Investing Cash Flow | N/A | N/A | N/A | N/A | $0 | $0 | $0+100.0% | -$729 |
| Financing Cash Flow | N/A | N/A | N/A | N/A | $0-100.0% | $30K | N/A | N/A |
| 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 |
HNIT Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0%0.0pp | 100.0%0.0pp | 100.0%0.0pp | 100.0%0.0pp | 100.0%0.0pp | 100.0%0.0pp | 100.0%0.0pp | 100.0% |
| Operating Margin | N/A | -96.7% | N/A | N/A | N/A | -293.6% | N/A | N/A |
| Net Margin | -195.7%-99.0pp | -96.7%+245.8pp | -342.5%+440.1pp | -782.6%-566.9pp | -215.7%+78.0pp | -293.6%-241.5pp | -52.1%+4.0pp | -56.1% |
| Return on Equity | N/A | -141.2%+2.7pp | -143.9%-96.1pp | -47.8% | N/A | -5421.0% | N/A | N/A |
| Return on Assets | -72.9%-16.9pp | -56.0%+8.4pp | -64.4%-30.9pp | -33.5%+17.6pp | -51.1%+32.2pp | -83.3%-60.9pp | -22.4%+6.9pp | -29.3% |
| Current Ratio | 0.59-0.7 | 1.29-0.3 | 1.61-1.5 | 3.08+2.5 | 0.61-0.3 | 0.92+0.4 | 0.560.0 | 0.55 |
| Debt-to-Equity | -3.16-4.7 | 1.52+0.3 | 1.24+0.8 | 0.43+3.6 | -3.21-67.3 | 64.06+67.1 | -3.03+0.4 | -3.42 |
| FCF Margin | N/A | N/A | N/A | N/A | -173.8%+9.2pp | -183.0%-57.6pp | -125.4%-160.7pp | 35.3% |
Note: Shareholder equity is negative (-$6K), 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 (0.59), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is Huineng Technology Corporation's annual revenue?
Huineng Technology Corporation (HNIT) reported $14K in total revenue for fiscal year 2025. This represents a -44.7% 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 Huineng Technology Corporation's revenue growing?
Huineng Technology Corporation (HNIT) revenue declined by 44.7% year-over-year, from $26K to $14K in fiscal year 2025.
Is Huineng Technology Corporation profitable?
No, Huineng Technology Corporation (HNIT) reported a net income of -$35K in fiscal year 2025, with a net profit margin of -246.3%.
What is Huineng Technology Corporation's EBITDA?
Huineng Technology Corporation (HNIT) had EBITDA of -$35K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Huineng Technology Corporation's gross margin?
Huineng Technology Corporation (HNIT) had a gross margin of 100.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Huineng Technology Corporation's operating margin?
Huineng Technology Corporation (HNIT) had an operating margin of -251.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Huineng Technology Corporation's net profit margin?
Huineng Technology Corporation (HNIT) had a net profit margin of -246.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Huineng Technology Corporation's operating cash flow?
Huineng Technology Corporation (HNIT) generated -$56K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Huineng Technology Corporation's total assets?
Huineng Technology Corporation (HNIT) had $13K in total assets as of fiscal year 2025, including both current and long-term assets.
What is Huineng Technology Corporation's current ratio?
Huineng Technology Corporation (HNIT) had a current ratio of 0.59 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Huineng Technology Corporation's debt-to-equity ratio?
Huineng Technology Corporation (HNIT) had a debt-to-equity ratio of -3.16 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Huineng Technology Corporation's return on assets (ROA)?
Huineng Technology Corporation (HNIT) had a return on assets of -277.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Huineng Technology Corporation's cash runway?
Based on fiscal year 2025 data, Huineng Technology Corporation (HNIT) had $758 in cash against an annual operating cash burn of $56K. 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.
Why is Huineng Technology Corporation's debt-to-equity ratio negative or unusual?
Huineng Technology Corporation (HNIT) has negative shareholder equity of -$6K as of fiscal year 2025, 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 Huineng Technology Corporation's Piotroski F-Score?
Huineng Technology Corporation (HNIT) has a Piotroski F-Score of 0 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 Huineng Technology Corporation's earnings high quality?
Huineng Technology Corporation (HNIT) has an earnings quality ratio of 1.60x, 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.