Haoxin Holdings (HXHX) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the HXHX SEC filings page.
Haoxin Holdings Limited (HXHX) reported $33.0M in revenue for fiscal year 2025, up 29.2% from the prior fiscal year. This page shows its 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 (20-F and 6-K reports).
FY2025 growth reached the income statement, but investment and cash outflows made financing central to the business's expansion.
The earnings-to-cash relationship weakened materially: FY2025 net income was$3.97M while operating cash flow was-$9.55M , indicating reported profit was not translating into cash. Free cash flow was-$14.0M while financing supplied$20.2M , showing that expansion depended on funding beyond internally generated cash.
Revenue grew
Assets expanded
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. 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 Haoxin Holdings Limited'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.
Haoxin Holdings Limited has an operating margin of 23.6%, meaning the company retains $24 of operating profit per $100 of revenue. This strong profitability earns a score of 90/100, reflecting efficient cost management and pricing power. This is up from 21.7% the prior year.
Haoxin Holdings Limited's revenue surged 29.2% year-over-year to $33.0M, reflecting rapid business expansion. This strong growth earns a score of 67/100.
With a current ratio of 2.37, Haoxin Holdings Limited holds $2.37 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 68/100.
Haoxin Holdings Limited's operations used $9.5M of cash, and capex of $4.5M added to the outflow, for a free cash flow shortfall of $14.0M. This results in a cash flow score of 8/100.
Haoxin Holdings Limited earns a strong 14.4% return on equity (ROE), meaning it generates $14 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 93/100. This is down from 17.3% the prior year.
Haoxin Holdings Limited scores 2.42, placing it in the grey zone between 1.81 and 2.99. The largest contribution to the score comes from revenue of $33.0M against total assets of $50.3M. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Haoxin Holdings Limited passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Haoxin Holdings Limited used $2.41 of operating cash (-$9.5M OCF vs $4.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Haoxin Holdings Limited earns $28.86 in operating income for every $1 of interest expense ($7.8M vs $270K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Haoxin Holdings Limited generated $33.0M in revenue in fiscal year 2025. This represents an increase of 29.2% from the prior year.
Haoxin Holdings Limited's EBITDA was $8.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 36.5% from the prior year.
Haoxin Holdings Limited reported $4.0M in net income in fiscal year 2025. This represents an increase of 25.0% from the prior year.
Haoxin Holdings Limited earned $0.30 per diluted share (EPS) in fiscal year 2025. This represents an increase of 15.4% from the prior year.
Cash & Balance Sheet
Haoxin Holdings Limited recorded an outflow of $14.0M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
Haoxin Holdings Limited held $1.4M in cash as of fiscal year 2025; no long-term debt figure is on record for that period.
Not reported for fiscal year 2025.
Margins & Returns
Haoxin Holdings Limited's gross margin was 25.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.3 percentage points from the prior year.
Haoxin Holdings Limited's operating margin was 23.6% in fiscal year 2025, reflecting core business profitability. This is up 1.9 percentage points from the prior year.
Haoxin Holdings Limited's net profit margin was 12.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.4 percentage points from the prior year.
Haoxin Holdings Limited's ROE was 14.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.9 percentage points from the prior year.
Capital Allocation
Haoxin Holdings Limited invested $4.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 103983.8% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
HXHX 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 | FY2520-F | FY2420-F | FY2320-F | FY2220-F |
|---|---|---|---|---|
| Revenue | $33.0M+29.2% | $25.6M-4.1% | $26.7M-7.9% | $28.9M |
| Cost of Revenue | $24.7M+29.6% | $19.1M-3.6% | $19.8M-6.6% | $21.2M |
| Gross Profit | $8.3M+27.9% | $6.5M-5.5% | $6.9M-11.4% | $7.7M |
| SG&A Expenses | $505K-46.5% | $945K+11.0% | $852K-44.6% | $1.5M |
| Operating Income | $7.8M+40.6% | $5.5M-7.8% | $6.0M-3.2% | $6.2M |
| EBITDA | $8.1M+36.5% | $5.9M-9.6% | $6.6M-7.2% | $7.1M |
| Interest Expense | $270K+42.9% | $189K+22.6% | $154K-7.2% | $166K |
| Income Tax | $1.7M+21.2% | $1.4M-7.5% | $1.5M-6.2% | $1.6M |
| Net Income | $4.0M+25.0% | $3.2M-20.0% | $4.0M-7.4% | $4.3M |
| EPS (Basic) | $0.30+15.4% | $0.26-21.2% | $0.33-8.3% | $0.36 |
| EPS (Diluted) | $0.30+15.4% | $0.26-21.2% | $0.33-8.3% | $0.36 |
| Diluted Shares (Avg) | 13M+10.4% | 12M0.0% | 12M0.0% | 12M |
Not reported in any period shown, so not listed: R&D Expenses.
HXHX 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 | FY2520-F | FY2420-F | FY2320-F | FY2220-F |
|---|---|---|---|---|
| Total Assets | $50.3M+55.3% | $32.4M+15.0% | $28.1M | N/A |
| Current Assets | $45.8M+47.4% | $31.1M+17.3% | $26.5M | N/A |
| Cash & Equivalents | $1.4M+724.2% | $170K+97.5% | $86K-15.1% | $102K |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0 |
| Accounts Receivable | $8.8M-54.1% | $19.1M+7.9% | $17.7M | N/A |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0 |
| Total Liabilities | $22.6M+61.7% | $14.0M+12.5% | $12.5M | N/A |
| Current Liabilities | $19.3M+39.1% | $13.9M+14.9% | $12.1M | N/A |
| Non-Current Liabilities | $3.4M+2221.7% | $145K-63.1% | $392K | N/A |
| Long-Term Debt | N/A | $478K-49.5% | $945K | N/A |
| Total Equity | $27.6M+50.4% | $18.4M+17.0% | $15.7M+29.7% | $12.1M |
| Retained Earnings | $19.9M+24.9% | $15.9M+24.9% | $12.7M | N/A |
Not reported in any period shown, so not listed: Inventory, Goodwill.
HXHX 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 | FY2520-F | FY2420-F | FY2320-F | FY2220-F |
|---|---|---|---|---|
| Operating Cash Flow | -$9.5Mn/m | -$4.0M-524.0% | $933Kn/m | -$434K |
| Depreciation & Amortization | $308K-21.2% | $390K-29.2% | $551K-36.0% | $861K |
| Capital Expenditures | $4.5M+103983.8% | $4K-64.6% | $12K-81.8% | $67K |
| Free Cash Flow | -$14.0Mn/m | -$4.0M-530.0% | $921Kn/m | -$501K |
| Investing Cash Flow | -$9.4M-1043.0% | $996Kn/m | -$6Kn/m | -$67K |
| Financing Cash Flow | $20.2M+563.9% | $3.0Mn/m | -$937Kn/m | -$135K |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
HXHX 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 | FY2520-F | FY2420-F | FY2320-F | FY2220-F |
|---|---|---|---|---|
| Gross Margin | 25.1%-0.3pp | 25.4%-0.4pp | 25.7%-1.0pp | 26.8% |
| Operating Margin | 23.6%+1.9pp | 21.7%-0.9pp | 22.5%+1.1pp | 21.4% |
| Net Margin | 12.0%-0.4pp | 12.4%-2.5pp | 14.9%+0.1pp | 14.8% |
| Return on Equity | 14.4%-2.9pp | 17.3%-8.0pp | 25.3%-10.1pp | 35.4% |
| Return on Assets | 7.9%-1.9pp | 9.8%-4.3pp | 14.1% | N/A |
| Current Ratio | 2.37+0.1x | 2.240.0x | 2.19 | N/A |
| Debt-to-Equity | N/A | 0.030.0x | 0.06 | N/A |
| Liabilities-to-Equity | 0.82+0.1x | 0.760.0x | 0.79 | N/A |
| Asset Turnover | 0.66-0.1x | 0.79-0.2x | 0.95 | N/A |
| FCF Margin | -42.4%-27.0pp | -15.5%-18.9pp | 3.5%+5.2pp | -1.7% |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Haoxin Holdings Limited HXHX | FY2025 | $33.0M | $4.0M | 12.0% | $2.5M | 63/100 |
| Singularity Future Technology Ltd. SGLY | FY2026 | $1.7M | -$5.9M | N/A | $2.8M | 16/100 |
| Cheetah Net Supply Chain Service Inc. CTNT | FY2025 | $1.3M | -$3.6M | N/A | $2.8M | 34/100 |
| Globavend Holdings Limited GVH | FY2025 | $23.6M | $683K | 2.9% | $2.2M | 70/100 |
| Callan JMB Inc. CJMB | FY2025 | $5.7M | -$8.0M | N/A | $3.0M | 22/100 |
| Tianci International, Inc. CIIT | FY2025 | $9.3M | -$2.6M | -28.4% | $1.6M | 61/100 |
Where Haoxin Holdings Limited Ranks
Frequently Asked Questions
Haoxin Holdings Limited (HXHX) reported $33.0M in total revenue for fiscal year 2025. This represents a 29.2% 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.
Haoxin Holdings Limited (HXHX) revenue grew by 29.2% year-over-year, from $25.6M to $33.0M in fiscal year 2025.
Yes, Haoxin Holdings Limited (HXHX) reported a net income of $4.0M in fiscal year 2025, with a net profit margin of 12.0%.
Haoxin Holdings Limited (HXHX) had EBITDA of $8.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Haoxin Holdings Limited (HXHX) had a gross margin of 25.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
Haoxin Holdings Limited (HXHX) had an operating margin of 23.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Haoxin Holdings Limited (HXHX) had a net profit margin of 12.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Haoxin Holdings Limited (HXHX) has a return on equity of 14.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Haoxin Holdings Limited (HXHX) recorded an outflow of $14.0M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. 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.
Haoxin Holdings Limited (HXHX) recorded an outflow of $9.5M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Haoxin Holdings Limited (HXHX) had $50.3M in total assets as of fiscal year 2025, including both current and long-term assets.
Haoxin Holdings Limited (HXHX) invested $4.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Haoxin Holdings Limited (HXHX) had a current ratio of 2.37 as of fiscal year 2025, which is generally considered healthy.
Haoxin Holdings Limited (HXHX) had a liabilities-to-equity ratio of 0.82 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
Haoxin Holdings Limited (HXHX) had a return on assets of 7.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Haoxin Holdings Limited (HXHX) trades at 0.6x earnings, its market capitalization divided by $4.0M net income, FY2025. The market capitalization is $2.5M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Haoxin Holdings Limited (HXHX) trades at 0.1x sales, its market capitalization divided by $33.0M revenue, FY2025. The market capitalization is $2.5M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
At the end of fiscal year 2025, Haoxin Holdings Limited (HXHX) held $1.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $9.5M over that year. Dividing the one by the other, the reported balance equals about 2 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.
Haoxin Holdings Limited (HXHX) has an Altman Z-Score of 2.42, placing it in the Grey Zone (moderate 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.
Haoxin Holdings Limited (HXHX) has a Piotroski F-Score of 2 out of 7 computable signals; 2 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.
For every $1 of reported earnings, Haoxin Holdings Limited (HXHX) used $2.41 of operating cash (-$9.5M OCF vs $4.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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.
Haoxin Holdings Limited (HXHX) has an interest coverage ratio of 28.86x, meaning it can comfortably 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.
Haoxin Holdings Limited (HXHX) scores 63 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average 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.