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HXHX · CIK 0001936817

HAOXIN HOLDINGS LIMITED

Annual figures as reported, FY2021–FY2025. Ratios and growth rates derived on-page.

HXHX logo
Trucking & Courier Services (No Air)
Company profile
Nasdaq · HXHXHQ Ningbo, ChinaIncorporated in F4Fiscal year ends Dec 31Non-accelerated filer Emerging growth company
Revenue
$33.0M
▲ +29.2% vs FY2024
Net income
$4.0M
▲ +25.0% vs FY2024
Free cash flow
−$14.0M
▼ −254.0% vs FY2024
Diluted EPS
$0.30
▲ +15.4% vs FY2024

Revenue

Annual, as reported

010M20M30M’22’23’24’25$33.0M

Net income

Annual, as reported

02M4M’22’23’24’25$4.0M

Profitability & returns

quality of earnings

Margins

Share of revenue kept at each line

0%10%20%’22’23’24’25
Gross marginOperating marginNet margin

Returns on capital

Net income vs year-end equity and assets

0%10%20%30%’22’23’24’25
Return on equityReturn on assets

Cash flow

cash generation

Free cash flow

Operating cash flow less capital expenditure

−10M−5M0’22’23’24’25−$14.0M

Operating cash flow

Net cash from operations

−5M0’22’23’24’25−$9.5M

Shareholder returns

capital allocation

Diluted shares outstanding

Falling count means buybacks outpace dilution

05M10M’22’23’24’2513M

Balance sheet

financial position

Stockholders’ equity

At fiscal year end

010M20M’21’22’23’24’25$27.6M

Net debt

Long-term debt less cash — negative means net cash

0250K500K750K’23’24$307K

Growth rates

compounding, annualized
Revenue CAGR
+4.5%
3y
Net income CAGR
−2.5%
3y
Diluted EPS CAGR
−5.9%
3y

Key ratios

derived per fiscal year
Fiscal yearGross marginOp. marginNet marginFCF marginROEROACurrent ratioDebt / equity
FY202525.1%23.6%12.0%−42.4%14.4%7.9%2.37×—
FY202425.4%21.7%12.4%−15.5%17.3%9.8%2.24×0.03×
FY202325.7%22.5%14.9%3.5%25.3%14.1%2.19×0.06×
FY202226.7%21.4%14.8%−1.7%35.4%———
FY2021————————

Annual figures

as reported
Fiscal yearRevenueGross profitOp. incomeNet incomeDiluted EPSOp. cash flowCapexTotal assetsLiabilitiesEquityCashLT debt
FY2025$33.0M$8.3M$7.8M$4.0M$0.30−$9.5M$4.5M$50.3M$22.6M$27.6M$1.4M—
FY2024$25.6M$6.5M$5.5M$3.2M$0.26−$4.0M$4K$32.4M$14.0M$18.4M$170K$478K
FY2023$26.7M$6.9M$6.0M$4.0M$0.33$933K$12K$28.1M$12.5M$15.7M$86K$945K
FY2022$28.9M$7.7M$6.2M$4.3M$0.36−$434K$67K——$12.1M$102K—
FY2021—————————$8.9M$781K—

Latest filings

the most recent regulatory filings
6-KREPORT OF FOREIGN PRIVATE ISSUER2026-06-04 ↗20-FANNUAL REPORT2026-04-30 ↗3PRIMARY DOCUMENT2026-04-09 ↗6-KREPORT OF FOREIGN PRIVATE ISSUER2025-12-30 ↗6-KREPORT OF FOREIGN PRIVATE ISSUER2025-12-17 ↗6-KREPORT OF FOREIGN PRIVATE ISSUER2025-12-04 ↗6-KREPORT OF FOREIGN PRIVATE ISSUER2025-12-04 ↗20-FANNUAL REPORT2025-04-30 ↗6-KREPORT OF FOREIGN PRIVATE ISSUER2025-04-16 ↗424B4PROSPECTUS2025-04-16 ↗

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