Huineng Technology Corporation Financials
Huineng Technology Corporation (HNIT) reported $14K in revenue for fiscal year 2025, down 44.7% from the prior fiscal year. This page shows its 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).
Tiny revenue leaves HNIT operating as an externally financed overhead structure, where fundraising rather than customers covers recurring cash burn.
From FY2024 to FY2025, SG&A cuts did not create relief: revenue roughly halved, while operating cash burn doubled to-$56K , showing the problem is scale mismatch more than simple overspending. Even after$47K of financing inflow, cash ended FY2025 at under$1K , so the business was still being financed by new capital rather than by customer activity.
The balance-sheet pressure is mostly near-term because current liabilities matched total liabilities in both years, and the current ratio stayed around 0.6x. FY2025 ended with negative equity of
Reported gross margin stayed at
Financial Health Signals
Huineng Technology Corporation does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Huineng Technology Corporation passes 0 of 8 computable financial strength tests (1 of the nine could not be computed from available data). No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Huineng Technology Corporation reported a net loss of $35K while operations used $56K of cash. With neither figure positive, the ratio between the two carries no quality signal.
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.
Cash & Balance Sheet
Huineng Technology Corporation held $758 in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Huineng Technology Corporation's gross margin was 100.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. That is unchanged from the prior year.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for fiscal year 2025.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
HNIT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 |
|---|---|---|---|
| Revenue | $38K | $14K-44.7% | $26K |
| Gross Profit | $38K | $14K-44.7% | $26K |
| SG&A Expenses | $41K | $50K-23.1% | $65K |
| Operating Income | -$4K | -$36K+8.8% | -$39K |
| Net Income | -$4K | -$35K+10.9% | -$39K |
| EPS (Diluted) | — | $0.00 | -$0.01 |
Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses, Interest Expense, Income Tax.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
HNIT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 |
|---|---|---|
| Total Assets | $13K-40.2% | $21K |
| Current Assets | $11K-41.9% | $19K |
| Cash & Equivalents | $758-92.7% | $10K |
| Total Liabilities | $18K-39.8% | $31K |
| Current Liabilities | $18K-39.8% | $31K |
| Total Equity | -$6K+38.8% | -$10K |
| Retained Earnings | -$80K-78.2% | -$45K |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
HNIT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 |
|---|---|---|---|
| Operating Cash Flow | -$54K | -$56K-103.1% | -$27K |
| Capital Expenditures | N/A | N/A | $729 |
| Free Cash Flow | N/A | N/A | -$28K |
| Investing Cash Flow | N/A | N/A | -$729 |
| Financing Cash Flow | N/A | $47K+50.6% | $31K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
HNIT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 |
|---|---|---|
| Gross Margin | 100.0%0.0pp | 100.0% |
| Operating Margin | -251.8% | -152.6% |
| Net Margin | -246.3% | -152.6% |
| Return on Assets | -277.2%-91.4pp | -185.8% |
| Current Ratio | 0.590.0x | 0.61 |
| FCF Margin | N/A | -109.7% |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
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.
Where Huineng Technology Corporation Ranks
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.
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 cash flow?
Huineng Technology Corporation (HNIT) recorded an outflow of $56K in operating cash flow during fiscal year 2025, representing cash used by 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 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 not reported?
Huineng Technology Corporation (HNIT) has negative shareholder equity of -$6K as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 Huineng Technology Corporation's earnings high quality?
Huineng Technology Corporation (HNIT) reported a net loss of $35K while operations used $56K of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.