Huadi International Grp Co Ltd Financials
Huadi International Grp Co Ltd (HUDI) reported $62.9M in revenue for fiscal year 2025, down 15.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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).
Shrinking sales are exposing overhead deleverage and a sharper working-capital cash drain than gross margin alone reveals.
In FY2025, receivables rose from$18.7M to$24.8M while revenue fell from$74.3M to$62.9M , tying more capital to customer balances as demand weakened. Operating cash flow then shifted from$13.0M positive to-$8.5M , while free cash flow reached-$9.9M : the cash-conversion break was sharper than the modest accounting loss alone suggests.
Gross margin improved from
The balance sheet remains lightly leveraged: debt-to-equity was 0.1x and the current ratio was 2.9x, so FY2025’s operating deterioration was not paired with unusually heavy debt dependence. Reported liquidity measured 27.3 months of the latest annual operating outflow, a balance comparison that does not indicate improving operations.
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Huadi International Grp Co Ltd'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.
Huadi International Grp Co Ltd has an operating margin of -4.6%, meaning the company loses $5 on every $100 of revenue. This results in a profitability score of 28/100. This is down from -2.2% the prior year.
Huadi International Grp Co Ltd's revenue declined 15.3% year-over-year, from $74.3M to $62.9M. This contraction results in a growth score of 8/100.
Huadi International Grp Co Ltd carries a low D/E ratio of 0.11, meaning only $0.11 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 79/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.89, Huadi International Grp Co Ltd holds $2.89 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 76/100.
Huadi International Grp Co Ltd's operations used $8.5M of cash, and capex of $1.5M added to the outflow, for a free cash flow shortfall of $9.9M. This results in a cash flow score of 22/100.
Huadi International Grp Co Ltd posts a -1.8% return on equity (ROE), meaning it loses $2 for every $100 of shareholders' equity. This results in a returns score of 28/100. This is down from 0.2% the prior year.
Huadi International Grp Co Ltd scores 1.27, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Huadi International Grp Co Ltd passes 1 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), 1 of 2 efficiency signals pass.
Huadi International Grp Co Ltd reported a net loss of $1.4M while operations used $8.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Huadi International Grp Co Ltd reported an operating loss of $2.9M against $195K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Huadi International Grp Co Ltd generated $62.9M in revenue in fiscal year 2025. This represents a decrease of 15.3% from the prior year.
Huadi International Grp Co Ltd's EBITDA was -$2.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 145.9% from the prior year.
Huadi International Grp Co Ltd reported -$1.4M in net income in fiscal year 2025. This represents a decrease of 1115.8% from the prior year.
Huadi International Grp Co Ltd earned -$0.10 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 1100.0% from the prior year.
Cash & Balance Sheet
Huadi International Grp Co Ltd recorded an outflow of $9.9M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 178.3% from the prior year.
Huadi International Grp Co Ltd held $6.5M in cash against $8.0M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Huadi International Grp Co Ltd's gross margin was 10.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.9 percentage points from the prior year.
Huadi International Grp Co Ltd's operating margin was -4.6% in fiscal year 2025, reflecting core business profitability. This is down 2.4 percentage points from the prior year.
Huadi International Grp Co Ltd's net profit margin was -2.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 2.4 percentage points from the prior year.
Huadi International Grp Co Ltd's ROE was -1.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.0 percentage points from the prior year.
Capital Allocation
Huadi International Grp Co Ltd invested $2.2M in research and development in fiscal year 2025. This represents a decrease of 3.2% from the prior year.
Huadi International Grp Co Ltd invested $1.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 372.1% from the prior year.
Not reported for fiscal year 2025.
HUDI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 |
|---|
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Interest Expense, Income Tax, Net Income, EPS (Diluted).
HUDI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $109.5M+10.5% | $99.1M-4.3% | $103.6M+11.6% | $92.9M-9.9% | $103.0M+5.1% | $98.0M+15.8% | $84.6M-7.3% | $91.3M |
| Current Assets | $70.3M-1.2% | $71.1M-8.2% | $77.5M+10.3% | $70.3M-12.4% | $80.2M+3.7% | $77.4M+20.1% | $64.4M-5.3% | $68.0M |
| Cash & Equivalents | $6.5M-29.6% | $9.2M-49.2% | $18.1M+132.2% | $7.8M-61.4% | $20.2M+2.2% | $19.8M+49.7% | $13.2M-21.7% | $16.8M |
| Inventory | $24.1M-13.2% | $27.8M+19.1% | $23.3M-19.5% | $28.9M+8.4% | $26.7M-10.5% | $29.8M+20.0% | $24.9M-8.8% | $27.3M |
| Accounts Receivable | $24.8M+40.9% | $17.6M-6.1% | $18.7M+1.1% | $18.5M-18.2% | $22.6M+16.7% | $19.4M-1.4% | $19.7M+15.1% | $17.1M |
| Total Liabilities | $33.7M+45.3% | $23.2M-8.2% | $25.3M+49.4% | $16.9M-40.3% | $28.3M+30.7% | $21.7M-38.1% | $35.0M-10.6% | $39.2M |
| Current Liabilities | $24.3M+27.2% | $19.1M-19.8% | $23.8M+60.5% | $14.8M-34.4% | $22.6M+30.3% | $17.4M-32.5% | $25.7M-19.4% | $31.9M |
| Long-Term Debt | $8.0M+191.8% | $2.8M | N/A | $1.8M-67.2% | $5.4M+23.8% | $4.4M-53.1% | $9.3M+27.6% | $7.3M |
| Total Equity | $75.5M-0.1% | $75.6M-3.1% | $78.0M+3.1% | $75.7M+1.7% | $74.4M-2.1% | $76.0M+54.0% | $49.4M-4.8% | $51.9M |
| Retained Earnings | $6.3M-19.2% | $7.8M+1.3% | $7.7M+4.4% | $7.4M+10.4% | $6.7M+31.1% | $5.1M+34.0% | $3.8M+80.4% | $2.1M |
Not reported in any period shown, so not listed: Goodwill.
HUDI 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 | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 |
|---|
Not reported in any period shown, so not listed: Operating Cash Flow, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
HUDI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.89-0.8x | 3.72+0.5x | 3.25-1.5x | 4.73+1.2x | 3.55-0.9x | 4.46+2.0x | 2.51+0.4x | 2.13 |
| Debt-to-Equity | 0.11+0.1x | 0.04-0.3x | 0.32+0.3x | 0.020.0x | 0.070.0x | 0.06-0.1x | 0.190.0x | 0.14 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, FCF Margin.
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Where Huadi International Grp Co Ltd Ranks
Frequently Asked Questions
What is Huadi International Grp Co Ltd's annual revenue?
Huadi International Grp Co Ltd (HUDI) reported $62.9M in total revenue for fiscal year 2025. This represents a -15.3% 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 Huadi International Grp Co Ltd's revenue growing?
Huadi International Grp Co Ltd (HUDI) revenue declined by 15.3% year-over-year, from $74.3M to $62.9M in fiscal year 2025.
Is Huadi International Grp Co Ltd profitable?
No, Huadi International Grp Co Ltd (HUDI) reported a net income of -$1.4M in fiscal year 2025, with a net profit margin of -2.2%.
What is Huadi International Grp Co Ltd's EBITDA?
Huadi International Grp Co Ltd (HUDI) had EBITDA of -$2.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Huadi International Grp Co Ltd have?
As of fiscal year 2025, Huadi International Grp Co Ltd (HUDI) had $6.5M in cash and equivalents against $8.0M in long-term debt.
What is Huadi International Grp Co Ltd's gross margin?
Huadi International Grp Co Ltd (HUDI) had a gross margin of 10.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Huadi International Grp Co Ltd's operating margin?
Huadi International Grp Co Ltd (HUDI) had an operating margin of -4.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Huadi International Grp Co Ltd's net profit margin?
Huadi International Grp Co Ltd (HUDI) had a net profit margin of -2.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Huadi International Grp Co Ltd's return on equity (ROE)?
Huadi International Grp Co Ltd (HUDI) has a return on equity of -1.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Huadi International Grp Co Ltd's free cash flow?
Huadi International Grp Co Ltd (HUDI) recorded an outflow of $9.9M in free cash flow during fiscal year 2025. This represents a -178.3% 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 Huadi International Grp Co Ltd's operating cash flow?
Huadi International Grp Co Ltd (HUDI) recorded an outflow of $8.5M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Huadi International Grp Co Ltd's total assets?
Huadi International Grp Co Ltd (HUDI) had $109.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Huadi International Grp Co Ltd's capital expenditures?
Huadi International Grp Co Ltd (HUDI) invested $1.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Huadi International Grp Co Ltd spend on research and development?
Huadi International Grp Co Ltd (HUDI) invested $2.2M in research and development during fiscal year 2025.
What is Huadi International Grp Co Ltd's current ratio?
Huadi International Grp Co Ltd (HUDI) had a current ratio of 2.89 as of fiscal year 2025, which is generally considered healthy.
What is Huadi International Grp Co Ltd's debt-to-equity ratio?
Huadi International Grp Co Ltd (HUDI) had a debt-to-equity ratio of 0.11 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Huadi International Grp Co Ltd's return on assets (ROA)?
Huadi International Grp Co Ltd (HUDI) had a return on assets of -1.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Huadi International Grp Co Ltd's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Huadi International Grp Co Ltd (HUDI) held $19.3M in cash, cash equivalents and investments, and reported an operating cash outflow of $8.5M over that year. Dividing the one by the other, the reported balance equals about 27 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Huadi International Grp Co Ltd's Altman Z-Score?
Huadi International Grp Co Ltd (HUDI) has an Altman Z-Score of 1.27, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Huadi International Grp Co Ltd's Piotroski F-Score?
Huadi International Grp Co Ltd (HUDI) has a Piotroski F-Score of 1 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 Huadi International Grp Co Ltd's earnings high quality?
Huadi International Grp Co Ltd (HUDI) reported a net loss of $1.4M while operations used $8.5M 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.
Can Huadi International Grp Co Ltd cover its interest payments?
Huadi International Grp Co Ltd (HUDI) reported an operating loss of $2.9M against $195K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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 Huadi International Grp Co Ltd?
Huadi International Grp Co Ltd (HUDI) scores 40 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.