HF Foods Group Inc., together with its subsidiaries, operates as a marketer and distributor of specialty food products, seafood, fresh produce, frozen and dry food, and non-food products to Asian restaurants and other foodservice customers in the United States. It offers lobster, shrimp, crab, and scallops; fish products, such as tuna and Alaskan salmon; specialty noodles, rice specialty sauces/seasonings, and spring rolls; dry goods, including dried mushrooms and beans; and canned products comprising preserved vegetables, bamboo shoots, and water chestnuts. The company also provides meat and poultry products comprising beef, pork, chicken, and duck; seasonal fruits and vegetables, including celery, napa cabbage, and winter melon; take-out accessories, such as bamboo chopsticks, takeout containers, plastic cups, and sushi combo boxes; and general commodities consisting of oil, flour, salt, and sugar. HF Foods Group Inc. was founded in 1997 and is headquartered in Las Vegas, Nevada.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.2B | $-5M | $-39M | $5M | -19.2% | 2.2% | -19.9% |
| 2024 | $1.2B | $-8M | $-49M | $10M | -20.3% | 4.6% | 2131.4% |
| 2023 | $1.1B | $35M | $-2M | $-5M | -0.8% | -1.9% | -572.6% |
| 2022 | $1.2B | $32M | $0M | $29M | 0.2% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,170.47 | 1,148.49 | 1,201.67 | 1,228.28 |
| Operating Revenue | - | 1,170.47 | 1,148.49 | 1,201.67 | 1,228.28 |
| Cost Of Revenue | - | 964.96 | 944.46 | 996.47 | 1,020.71 |
| Gross Profit | - | 205.51 | 204.03 | 205.19 | 207.58 |
| Operating Expense | - | 200.70 | 195.06 | 198.03 | 201.76 |
| Selling General And Administration | - | 200.70 | 195.06 | 198.03 | 201.76 |
| Total Expenses | - | 1,165.65 | 1,139.52 | 1,194.50 | 1,222.47 |
| Operating Income | - | 4.82 | 8.97 | 7.17 | 5.81 |
| Total Operating Income As Reported | - | 10.56 | 8.97 | -39.14 | -33 |
| EBITDA | - | 32.40 | 34.78 | -8.04 | -5.43 |
| Normalized EBITDA | - | 31.58 | 36.35 | 36.58 | 35.25 |
| EBIT | - | 7.46 | 8.86 | -34.71 | -33.81 |
| Interest Expense | - | 7.46 | 11.48 | 11.42 | 11.47 |
| Net Interest Income | - | -7.46 | -11.48 | -11.42 | -11.47 |
| Other Non Operating Income Expenses | - | 1.83 | 1.47 | 2.73 | 1.06 |
| Other Income Expense | - | 2.65 | -0.11 | -41.88 | -39.63 |
| Interest Expense Non Operating | - | 7.46 | 11.48 | 11.42 | 11.47 |
| Net Non Operating Interest Income Expense | - | -7.46 | -11.48 | -11.42 | -11.47 |
| Pretax Income | - | 0 | -2.62 | -46.14 | -45.28 |
| Tax Provision | - | -0.23 | 0.04 | 1.96 | -5.97 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0.17 | -0.33 | -9.37 | -5.37 |
| Net Income Continuous Operations | - | 0.24 | -2.66 | -48.10 | -39.31 |
| Net Income From Continuing And Discontinued Operation | - | 0.46 | -2.17 | -48.51 | -38.84 |
| Net Income From Continuing Operation Net Minority Interest | - | 0.46 | -2.17 | -48.51 | -38.84 |
| Net Income | - | 0.46 | -2.17 | -48.51 | -38.84 |
| Net Income Common Stockholders | - | 0.46 | -2.17 | -48.51 | -38.84 |
| Net Income Including Noncontrolling Interests | - | 0.24 | -2.66 | -48.10 | -39.31 |
| Normalized Income | - | -0.19 | -0.93 | -13.27 | -3.53 |
| Diluted NI Availto Com Stockholders | - | 0.46 | -2.17 | -48.51 | -38.84 |
| Basic Average Shares | - | 53.76 | 53.88 | 52.55 | 52.95 |
| Diluted Average Shares | - | 53.86 | 53.88 | 52.55 | 52.95 |
| Reconciled Depreciation | - | 24.94 | 25.92 | 26.68 | 28.38 |
| Reconciled Cost Of Revenue | - | 964.96 | 944.46 | 996.47 | 1,020.71 |
| Total Unusual Items | - | 0.82 | -1.58 | -44.61 | -40.68 |
| Total Unusual Items Excluding Goodwill | - | 0.82 | -1.58 | -44.61 | -40.68 |
| Minority Interests | - | 0.22 | 0.49 | -0.41 | 0.47 |
| Special Income Charges | - | 0 | 0 | -46.30 | -38.82 |
| Impairment Of Capital Assets | - | 0 | 0 | 46.30 | 38.82 |
| Gain On Sale Of Security | - | 0.82 | -1.58 | 1.69 | -1.87 |
| General And Administrative Expense | - | 5.74 | - | - | - |
| Rent Expense Supplemental | 0 | 5.74 | - | - | - |
| Selling And Marketing Expense | - | 194.95 | 195.06 | 198.03 | 201.76 |
| Rent And Landing Fees | 0 | 5.74 | - | - | - |
Consumer Defensive sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| HF Foods Group Inc.this co. | HFFG | $98M | -2.53 | 0.49 | -19.2% | -57.51 |
| LifeVantage Corporation | LFVN | $117M | 11.98 | 3.39 | 28.3% | 7.09 |
| Zevia PBC | ZVIA | $100M | -10.13 | 1.97 | -19.4% | -8.66 |
| Ispire Technology Inc. | ISPR | $95M | - | 158.80 | -6540.0% | - |
| Solesence, Inc. | SLSN | $95M | 53.07 |
| - |
| - |
| - |
| - |
| - |
| 5.39 |
| 10.2% |
| 31.98 |
| FitLife Brands, Inc. | FTLF | $93M | 14.76 | 2.14 | 14.5% | 13.03 |
| SkinHealth Systems Inc. | SKIN | $79M | - | 1.30 | -15.6% | 5.81 |
| The Hain Celestial Group, Inc. | HAIN | $69M | -0.13 | 0.15 | -111.8% | -1.90 |
| Skillsoft Corp. | SKIL | $64M | -0.46 | -2.12 | 462.6% | 16.11 |
| Peer Median | - | 5.92 | 2.05 | -2.7% | 7.09 | |