HUINENG TECHNOLOGY CORP (HNIT) Financials
Newest figures come from the 10-Q for Q3 FY2026, filed Oct 9, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the HNIT SEC filings page.
HUINENG TECHNOLOGY CORP (HNIT) reported $33K in revenue over the twelve months to Aug 31, 2026, up 126.2% from the prior twelve months. 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).
HNIT’s shrinking revenue base and persistent losses leave operations cash-consuming, with financing inflows offsetting what the business cannot fund internally.
In FY2025, revenue fell to$14K while operating cash outflow rose to$56K . Net loss narrowed, yet the operating margin worsened to-251.8% , so the accounting improvement did not translate into better cash generation; financing became the offset.
Fixed overhead is overwhelming the revenue base: gross profit equaled revenue in both years, while SG&A reached
The balance sheet is structurally tight: FY2025 current assets of
Financial Health Signals
HUINENG TECHNOLOGY CORP 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 CORP 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 CORP 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 CORP generated $100 in revenue in Q3 2026. This represents a decrease of 98.0% from the same quarter a year earlier. Against the prior quarter it is down 99.6%.
HUINENG TECHNOLOGY CORP's EBITDA was -$10K in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 110.4% from the same quarter a year earlier. Against the prior quarter it is down 165.9%.
HUINENG TECHNOLOGY CORP reported -$10K in net income in Q3 2026. This represents a decrease of 106.9% from the same quarter a year earlier. Against the prior quarter it is down 167.6%.
HUINENG TECHNOLOGY CORP earned $0.00 per diluted share (EPS) in Q3 2026. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 166.7%.
Cash & Balance Sheet
HUINENG TECHNOLOGY CORP held $14K in cash as of Q3 2026; long-term debt is not reported for that period.
Not reported for Q3 2026.
Not reported for Q3 2026.
Margins & Returns
HUINENG TECHNOLOGY CORP's gross margin was 100.0% in Q3 2026, indicating the percentage of revenue retained after direct costs. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.
Not shown for Q3 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q3 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for Q3 2026.
Capital Allocation
None of these metrics is reported for Q3 2026.
HNIT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $100-98.0% | $22K+558.8% | $6K+366.7% | $5K-6.0% | $5K-31.9% | $3K-50.7% | $1K-81.8% | $5K-75.0% |
| Gross Profit | $100-98.0% | $22K+558.8% | $6K+366.7% | $5K-6.0% | $5K-31.9% | $3K-50.7% | $1K-81.8% | $5K-75.0% |
| SG&A Expenses | $10K+2.7% | $8K-50.0% | $10K-5.4% | $14K-12.0% | $10K-66.0% | $16K+50.9% | $11K+2.8% | $16K-38.2% |
| Operating Income | -$10K-106.9% | $14K+216.5% | -$4K+52.9% | -$9K | -$5K+77.6% | -$12K | -$9K | N/A |
| EBITDA | -$10K-110.4% | $15K+219.2% | -$4K+53.8% | -$9K | -$5K+78.2% | -$12K | -$9K | N/A |
| Net Income | -$10K-106.9% | $14K+224.4% | -$4K+52.9% | -$9K+14.7% | -$5K+77.6% | -$12K-223.8% | -$9K-153.7% | -$11K-95.4% |
| EPS (Basic) | $0.00-100.0% | $0.00+200.0% | $0.00+90.0% | $0.00+89.5% | $0.00+97.5% | $0.00+66.7% | $0.00-11.1% | $0.00-35.7% |
| EPS (Diluted) | $0.00-100.0% | $0.00+200.0% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00-35.7% |
| Diluted Shares (Avg) | 45M0.0% | 45M0.0% | 45M | N/A | 45M | 45M | 9M | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses, Interest Expense, Income Tax.
HNIT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $20K+136.4% | $15K-17.7% | $13K-53.8% | $13K-40.2% | $8K-66.7% | $18K+12.8% | $28K+122.0% | $21K+116.5% |
| Current Assets | $19K+184.2% | $13K-16.1% | $11K-56.0% | $11K-41.9% | $7K-71.2% | $16K+19.9% | $26K+162.6% | $19K+148.1% |
| Cash & Equivalents | $14K+549.1% | $504-94.0% | $6K+2500.9% | $758-92.7% | $2K-88.1% | $8K+345.7% | $226-97.7% | $10K+41.3% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | N/A | $5K | N/A | N/A | N/A | N/A | $4K | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $26K+401.2% | $11K+6.6% | $23K+176.3% | $18K-39.8% | $5K-79.6% | $10K-58.3% | $8K-52.9% | $31K+172.0% |
| Current Liabilities | $26K+401.2% | $11K+6.6% | $23K+176.3% | $18K-39.8% | $5K-79.6% | $10K-58.3% | $8K-52.9% | $31K+172.0% |
| Non-Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Equity | -$6K-266.1% | $4K-47.8% | -$10K-152.3% | -$6K+38.8% | $3K+760.0% | $8K+202.2% | $20K+476.1% | -$10K-528.4% |
| Retained Earnings | -$79K-12.7% | -$70K-5.9% | -$84K-55.4% | -$80K-78.2% | -$71K-107.6% | -$66K-413.2% | -$54K-487.0% | -$45K-710.6% |
Not reported in any period shown, so not listed: Inventory, 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. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $14K+316.6% | -$5K-166.2% | $5K+152.8% | -$48K-451.5% | -$6K+52.4% | $8K+193.7% | -$10K-417.1% | -$9K-253.8% |
| Depreciation & Amortization | $154+0.7% | $1530.0% | $1530.0% | $1530.0% | $153-0.6% | $1530.0% | $153+19.5% | $153-1.9% |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0-100.0% |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$9K-361.9% |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0+100.0% |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0-100.0% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
HNIT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| 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%0.0pp |
| Operating Margin | -9797.0% | 64.7% | -78.9% | -195.7% | -96.7% | -365.8% | -782.6% | N/A |
| Net Margin | -9797.0% | 64.7% | -78.9% | -195.7% | -96.7% | -342.5% | -782.6% | -215.7% |
| Return on Equity | N/A | 342.9%+486.8pp | N/A | N/A | -141.2%+5279.8pp | -143.9% | -47.8% | N/A |
| Return on Assets | -49.0%+7.0pp | 97.3%+161.7pp | -34.1%-0.6pp | -72.9%-21.8pp | -56.0%+27.3pp | -64.4%-41.9pp | -33.5%-4.2pp | -51.1%+5.5pp |
| Current Ratio | 0.73-0.6x | 1.26-0.3x | 0.49-2.6x | 0.590.0x | 1.29+0.4x | 1.61+1.0x | 3.08+2.5x | 0.61-0.1x |
| Debt-to-Equity | N/A | 2.52+1.3x | N/A | N/A | 1.52-62.5x | 1.24 | 0.43 | N/A |
| Asset Turnover | 0.01-0.6x | 1.50+1.3x | 0.43+0.4x | 0.37+0.1x | 0.58+0.3x | 0.19-0.2x | 0.04-0.5x | 0.24-1.8x |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -173.8% |
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 CORP Ranks
Frequently Asked Questions
What is HUINENG TECHNOLOGY CORP's annual revenue?
HUINENG TECHNOLOGY CORP (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 CORP's revenue growing?
HUINENG TECHNOLOGY CORP (HNIT) revenue declined by 44.7% year-over-year, from $26K to $14K in fiscal year 2025.
Is HUINENG TECHNOLOGY CORP profitable?
No, HUINENG TECHNOLOGY CORP (HNIT) reported a net income of -$35K in fiscal year 2025.
What is HUINENG TECHNOLOGY CORP's EBITDA?
HUINENG TECHNOLOGY CORP (HNIT) had EBITDA of -$35K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is HUINENG TECHNOLOGY CORP's gross margin?
HUINENG TECHNOLOGY CORP (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 CORP's operating cash flow?
HUINENG TECHNOLOGY CORP (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 CORP's total assets?
HUINENG TECHNOLOGY CORP (HNIT) had $13K in total assets as of fiscal year 2025, including both current and long-term assets.
What is HUINENG TECHNOLOGY CORP's current ratio?
HUINENG TECHNOLOGY CORP (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 CORP's return on assets (ROA)?
HUINENG TECHNOLOGY CORP (HNIT) had a return on assets of -277.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is HUINENG TECHNOLOGY CORP's debt-to-equity ratio negative or not reported?
HUINENG TECHNOLOGY CORP (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 CORP's Piotroski F-Score?
HUINENG TECHNOLOGY CORP (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 CORP's earnings high quality?
HUINENG TECHNOLOGY CORP (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.