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HF Foods Group (HF Foods Group) Net Margin % : 0.97% (As of Dec. 2023)


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What is HF Foods Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. HF Foods Group's Net Income for the three months ended in Dec. 2023 was $3 Mil. HF Foods Group's Revenue for the three months ended in Dec. 2023 was $281 Mil. Therefore, HF Foods Group's net margin for the quarter that ended in Dec. 2023 was 0.97%.

The historical rank and industry rank for HF Foods Group's Net Margin % or its related term are showing as below:

HFFG' s Net Margin % Range Over the Past 10 Years
Min: -60.6   Med: 1.28   Max: 3.26
Current: -0.19


HFFG's Net Margin % is ranked worse than
80.19% of 313 companies
in the Retail - Defensive industry
Industry Median: 2.19 vs HFFG: -0.19

HF Foods Group Net Margin % Historical Data

The historical data trend for HF Foods Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HF Foods Group Net Margin % Chart

HF Foods Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 1.28 -60.60 2.78 0.04 -0.19

HF Foods Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.15 -2.02 -0.29 0.67 0.97

Competitive Comparison of HF Foods Group's Net Margin %

For the Food Distribution subindustry, HF Foods Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HF Foods Group's Net Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, HF Foods Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where HF Foods Group's Net Margin % falls into.



HF Foods Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

HF Foods Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-2.174/1148.493
=-0.19 %

HF Foods Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=2.725/280.873
=0.97 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HF Foods Group  (NAS:HFFG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


HF Foods Group Net Margin % Related Terms

Thank you for viewing the detailed overview of HF Foods Group's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


HF Foods Group (HF Foods Group) Business Description

Traded in Other Exchanges
N/A
Address
6325 South Rainbow Boulevard, Suite 420, Las Vegas, NV, USA, 89118
HF Foods Group Inc is an Asian food service distributor that markets and distributes fresh produce, seafood, frozen and dry food, and non-food products to Asian restaurants and other food service customers throughout the United States. The Company's business consists of one operating segment; HF Group, which operates solely in the United States. The Company's customer base consists of Chinese and Asian restaurants, and it provides sales and service support to customers who mainly converse in Mandarin or Chinese dialects.
Executives
Xiao Mou Zhang director, officer: Chief Executive Officer 6001 W. MARKET STREET, GREENSBORO NC 27409
Prudence H Chiang director 6325 S RAINBOW BLVD STE 420, LAS VEGAS NV 89118
Valerie Chase director SOUTH 6325 RAINBOW BOULEVARD, SUITE 420, LAS VEGAS NV 89118
Xi Lin officer: Chief Operating Officer 6001 W. MARKET STREET, GREENSBORO NC 27409
Russell T. Libby director SYSCO CORPORATION, 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Christine Chang officer: See Remarks 19319 ARENTH AVENUE, CITY OF INDUSTRY CA 91748
Hong Wang director 5811 WILDROSE DRIVE, GREENSBORO NC 27410
Carlos Antonio Rodriguez officer: Chief Financial Officer 6325 SOUTH RAINBOW BOULEVARD, SUITE 420, LAS VEGAS NV 89118
Jose Maroto director 6325 SOUTH RAINBOW BOULEVARD, SUITE 420, LAS VEGAS NV 89118
Kong Hian Lee officer: Chief Financial Officer 19319 ARENTH AVENUE, CITY OF INDUSTRY CA 91748
Spot Light Investments, Llc 10 percent owner 6001 W. MARKET STREET, GREENSBORO NC 27409
Ren Hua Zheng director 2 DANDY DRIVE, COS COB CT 06807
Caixuan Xu officer: Chief Financial Officer 6001 W. MARKET ST, GREENSBORO NC 27409
Zhehui Ni director ROOM 1704, BUILDING #16, NO. 58 AOMEN ROAD, SHANGHAI F4 200061
Irrevocable Trust For Raymond Ni 10 percent owner 6001 WEST MARKET STREET, GREENSBORO NC 27409

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