Logo

HXHX

Haoxin Holdings Limited Class A Ordinary Shares

HXHX

Haoxin Holdings Limited Class A Ordinary Shares • NASDAQ
$0.56 ▼ -1.67% (-0.01)
Market Cap $7.96 M
52w High $6.29
52w Low $0.48
Dividend Yield 0%
P/E 2.44
Volume 14.38K
Outstanding Shares 14.20M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2024 $2.263M ▲ $80.333K ▲ $272.413K ▲ 12.037% ▼ $0.023 ▲ $430.17K ▲
Q2-2024 $1.292M $49.984K $168.829K 13.062% $0.014 $289.783K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $170.431K ▲ $32.379M ▲ $14.007M ▲ $18.373M ▲
Q2-2024 $86.156K ▼ $30.016M ▲ $13.492M ▲ $16.524M ▲
Q4-2023 $86.287K ▼ $28.15M ▲ $12.452M ▲ $15.698M ▲
Q2-2023 $234.212K ▲ $22.904M ▲ $9.864M ▲ $13.04M ▲
Q4-2022 $98.125K $21.686M $9.301M $12.386M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $272.413K ▲ $-602.768K ▼ $96.805K ▲ $517.422K ▲ $23.808K ▲ $-602.77K ▼
Q2-2024 $168.829K $51.405K $41.914K $-93.059K $0 $50.81K

Five-Year Company Overview

Income Statement

Income Statement Haoxin’s income statement shows a small but gradually expanding business. Revenue has grown over the past few years but remains modest in scale. Operating profit and gross profit are consistently positive, suggesting the core business model can generate value, but bottom‑line net income is hovering around break‑even and has not grown in line with revenue. Earnings per share have softened from earlier years, hinting at some pressure on profitability or changes in share count. Overall, this looks like an early‑stage, still‑scaling operator with improving sales but limited profit momentum so far.

Balance Sheet

Balance Sheet The balance sheet appears lean and straightforward. Assets and equity have increased over time, indicating some buildup of the business, but the overall asset base remains relatively small. The company reports essentially no debt, which reduces financial risk but also suggests it relies mainly on equity and internal resources to grow. Reported cash levels are minimal, which could mean either tight liquidity or limits in the data, but in any case it implies there may not be a large financial cushion. Financially, Haoxin looks conservatively leveraged but not yet robust in scale.

Cash Flow

Cash Flow The cash flow data provided are effectively flat, with no clear operating, investing, or free cash flow trends visible. This likely reflects either rounding or incomplete disclosure rather than a truly cash‑neutral business, because a trucking and logistics company will usually have meaningful cash movements. Without reliable cash flow information, it is hard to judge how well profits convert into cash, how much is reinvested in the fleet and systems, or how resilient the business would be under stress. Cash generation and reinvestment discipline remain key open questions.

Competitive Edge

Competitive Edge Haoxin operates in China’s temperature‑controlled and urban trucking niche, which is demanding but offers attractive barriers to entry for capable operators. Its network covers most provinces, giving it broad geographic reach. Long‑standing relationships with clients in electronics, chemicals, and food retail suggest trust and service reliability, and the “3A‑Grade” industry accreditation serves as an additional quality signal. At the same time, cold chain logistics is highly competitive and capital‑intensive, with both large national players and regional specialists. Haoxin’s edge appears to rest on its network coverage, customer relationships, and service accreditation, but its relatively small financial scale may limit its ability to match the largest rivals on price and capacity.

Innovation and R&D

Innovation and R&D The company’s main innovation focus is on digitalizing operations rather than on traditional lab‑style R&D. It uses integrated IT systems, real‑time satellite tracking (via BeiDou), and continuous temperature monitoring across its fleet, all tied into a centralized management platform. This can improve route efficiency, cargo safety, and customer service. Looking forward, Haoxin plans to modernize and expand its fleet, upgrade its IT systems further, move into higher‑value pharmaceutical logistics, build its own cold storage facilities, and pursue selective acquisitions. These initiatives point to a strategy of deepening its cold chain capabilities and integrating more of the value chain, even if specific R&D spending figures are not highlighted.

Summary

Haoxin is an early‑stage, specialized cold chain and urban logistics provider in China, with growing but still modest revenue and only limited net profitability so far. Its balance sheet is simple and largely debt‑free, which reduces financial strain but also points to a relatively small scale and little visible cash buffer. Missing or rounded‑off cash flow data make it difficult to gauge the strength and quality of its cash generation. Competitively, the company benefits from a wide network, strong customer relationships, and recognized service quality in a demanding niche. Its emphasis on digital fleet management, temperature control technology, and future expansion into pharmaceuticals and warehousing suggests a clear strategic vision. Execution on this growth plan, and the ability to turn operational strengths into durable, cash‑rich profitability, are the main factors to watch over time.