Here are the 10-Q quarterly reports from Hong Yuan Holding Group (HGYN) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow HGYN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HGYN filings page.
HONG YUAN HOLDING GROUP (HGYN) reported sharply weaker results for the quarter and six months ended June 30, 2026, with revenue falling to $32,161 for the quarter and $75,858 year‑to‑date, down from $112,812 and $353,877 in the prior‑year periods, mainly due to lower Chinese VIE revenue.
The company swung from net income of $30,042 to a net loss of $94,404 for the quarter and from $67,542 to a net loss of $187,750 for the six months, driven by lower gross profit and operating expenses that rose more than 70% year‑to‑date. The balance sheet shows negative equity of $146,510, current liabilities of $776,996 exceeding current assets of $602,914, and a working capital deficit of $174,082, while cash was $13,365 and amounts due to the majority shareholder reached $352,258. Management and the auditors highlight substantial doubt about the company’s ability to continue as a going concern, and disclosure controls were deemed not effective due to a weakness in internal control over financial reporting.
Hong Yuan Holding Group reported weak results for the quarter ended March 31, 2026, with revenue falling to $43,697 from $184,492 a year earlier as Chinese VIE revenue declined.
The company swung from net income attributable to the group of $37,500 to a net loss of $93,346, and basic and diluted loss per share was $0.0013 on 74,640,766 shares. Total assets were $577,926 and cash was only $6,444, against total liabilities of $647,983, resulting in a stockholders’ deficit of $70,057 and a working capital deficit of $100,288. The company continues to rely on advances from its majority shareholder, with amounts due reaching $352,258, and management and auditors highlight substantial doubt about its ability to continue as a going concern.
Hong Yuan Holding Group (HGYN) reported its first meaningful period of operations from its Chinese variable interest entities, shifting from losses to profitability while still facing financial strain. For the quarter ended September 30, 2025, revenue rose to $258,329 from $85 a year earlier, generating gross profit of $178,011 and net income of $50,778 versus a prior net loss of $50,282. For the nine months ended September 30, 2025, revenue increased to $612,206 from $15,290, with net income of $117,813 compared with a net loss of $119,747 in 2024.
Despite the improvement, the balance sheet remains weak. Cash was $12,610, total assets were $430,222, and current liabilities of $476,361 produced a working capital deficit of $65,836 and total stockholders’ deficit of $46,139. The company depends heavily on its majority shareholder, who had advanced $317,322 by September 30, 2025, and management highlights substantial doubt about its ability to continue as a going concern.
Hong Yuan Holding Group amended its Form 10-Q to disclose corporate and balance-sheet details for the period ending June 30, 2025. The company reports 74,640,766 common shares outstanding and 5,000,000 Series A-1 preferred shares outstanding. It completed corporate reorganizations including a 1-for-50 reverse stock split and acquisition activity: issuance of equity in exchange for a Hong Kong subsidiary (Hongyuan HK) for HK$500,000 (approximately $64,103), and the company holds a 95% interest in Hongyuan HK and related PRC subsidiaries including a 55% subsidiary Xuchang formed November 12, 2024. Related-party advances totaled $274,459 at June 30, 2025. A lease modification reduced right-of-use asset and liability by $46,840. The company recorded a $2,788 loss on deconsolidation of discontinued operations.
Hong Yuan Holding Group (HGYN) filed an amended Form 10-Q for the quarter ended March 31, 2025, presenting condensed consolidated financial data and disclosures. The company shows total current assets including inventory of $48,697 and cash-related balances; right-of-use assets were $37,713 after a lease modification that reduced ROU and related liability by $46,710. Current operating lease liabilities are $37,713 with a weighted average remaining lease term of 1.07 years and discount rate of 5.6%. Total Hong Yuan stockholders deficit improved to $(193,703) from $(231,454). The company reported net income from operations of $40,140 versus an operating loss of $(46,554) in a prior comparator period and recorded provision for income taxes of $2,783. The company owed its majority shareholder $254,349 as of March 31, 2025, including $64,103 related to the Hongyuan HK acquisition; advances are non-interest bearing and due on demand. The filing references going concern, related party activity, and a subsequent event increasing a 55% ownership in Chongqing Xuchang Qingrong Trading Co., Ltd.