HFFGNasdaqWholesale-Groceries & Related ProductsUS GAAP · USD

HF Foods Group Inc.

HF Foods Group Inc. distributes Asian specialty food products to restaurants and other foodservice customers across the United States. Its assortment includes seafood, fresh produce, frozen and dry foods, and non-food items, supported by a nationwide network of distribution centers and supplier relationships in North America, South America, and Asia.

Liikevaihto1 228milj. USD
+2,2 %v/v
Liikevoitto (EBIT)−33,0milj. USD
+15,7 %v/v
EBIT-marginaali−2,7%
+0,6 %-yks.v/v
Nettotulos−38,8milj. USD
+19,9 %v/v
Vapaa kassavirta6,6milj. USD
−35,0 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−50005001 0001 500milj. USD2020: 567 milj. USD2020: EBIT −344 milj. USD20202021: 797 milj. USD2021: EBIT 29 milj. USD20212022: 1 170 milj. USD2022: EBIT 11 milj. USD20222023: 1 148 milj. USD2023: EBIT 9,0 milj. USD20232024: 1 202 milj. USD2024: EBIT −39 milj. USD20242025: 1 228 milj. USD2025: EBIT −33 milj. USD20251 228−33
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Asian specialty food products45 %

Core imported and domestically sourced ingredients tailored to Asian restaurant menus.

Seafood20 %

Frozen and fresh seafood products distributed to foodservice customers.

Fresh produce15 %

Fresh fruits and vegetables used by restaurants and other foodservice operators.

Frozen and dry foods15 %

Packaged, shelf-stable, and frozen food items sold through the distribution network.

Non-food products5 %

Ancillary restaurant supplies and non-food items sold alongside food products.

Tuotteet

Raportoitu · osuus liikevaihdosta
35,5%22,0%18,4%10,1%9,2%FY2025100 %
  • Seafood35,5 %
  • Meat and Poultry22,0 %
  • Asian Specialty18,4 %
  • Commodity Product10,1 %
  • Fresh Produce9,2 %
  • Packaging and Other4,7 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

HF Foods sells primarily to Asian restaurants, with additional sales to other foodservice customers that need specialized ingredients and reliable replenishment. The company’s value proposition is built around product breadth, culturally specific sourcing, and distribution coverage that helps operators secure consistent supply at competitive prices.

Asian restaurants

Buy specialty ingredients, seafood, produce, and staples needed for Asian cuisine menus.

Other foodservice customers

Purchase specialty and general foodservice items when they need reliable distribution and sourcing.

Restaurant chains and multi-unit operators

Buy in larger volumes and value supply consistency, pricing, and network coverage.

Independent restaurants

Purchase smaller, frequent orders and depend on broad assortment and local delivery.

Strategia

HF Foods is focused on expanding its reach in Asian American restaurant cuisine by improving supply-chain execution, technology infrastructure, and distribution efficiency. Management also appears to be prioritizing operational simplification and organizational redesign while managing working capital, tariff-related inventory decisions, and capital spending.

Supply-chain management improvementsLyhyt aikaväli

Better sourcing, inventory flow, and distribution execution support service levels and margins.

Technology infrastructure initiativesKeskipitkä aikaväli

Systems upgrades can improve ordering, logistics coordination, and operating efficiency.

Organizational redesign and executive transitionLyhyt aikaväli

Restructuring can lower overhead and align management with the transformation plan.

Maantiede

HF Foods operates primarily in the United States, where it serves Asian restaurants and other foodservice customers through a nationwide distribution network. The company has expanded coverage across Illinois, Texas, the eastern seaboard from Massachusetts to Florida, and additional states including Pennsylvania, West Virginia, Ohio, Kentucky, and Tennessee. Its sourcing footprint also reaches North America, South America, and Asia, which matters for product availability, pricing, and supply-chain risk.

Riskit

HF Foods is exposed to foodservice demand volatility, competitive pricing pressure, and supply-chain disruptions because it operates a distribution business with perishable and imported products. The company also faces tariff, inventory, leverage, and execution risks, while recent goodwill impairment highlights sensitivity to market valuation and operating performance.

Järjestetty vakavuuden mukaan
Restaurant demand volatilityKorkea

Revenue depends on Asian restaurants and foodservice customers ordering consistently.

Kohdistuu: Lower customer traffic or closures would reduce order frequency and basket size.

Competitive pricing pressureKorkea

Foodservice distribution is price-sensitive and customers can switch suppliers.

Kohdistuu: Margin pressure if HF Foods must discount to retain accounts.

Tariff and import cost exposureKorkea

The company sources products across Asia and other regions and has cited tariff-related inventory actions.

Kohdistuu: Higher landed costs and inventory build can reduce cash conversion.

Goodwill impairmentKorkea

The company recorded a large goodwill impairment in 2024 after stock-price declines and lower fair value.

Kohdistuu: Further impairment could affect earnings and investor confidence.

Working capital and liquidity riskKeskitaso

Distribution businesses require inventory and receivables funding, which can fluctuate with sales growth.

Kohdistuu: Cash flow can tighten if receivables rise or inventory is built ahead of cost increases.

Kirjanpito

Harkinnanvaraiset erät
Net revenue deductions

Gross sales are reduced by returns, rebates, discounts, and other adjustments.

Vaikutus: Affects reported revenue growth and comparability across periods.

Derivative fair value accounting

Interest rate swap contracts create mark-to-market gains or losses in earnings.

Vaikutus: Can cause volatility in net income unrelated to core operations.

Goodwill impairment

The company recorded a $46.3 million impairment in 2024 after quantitative testing.

Vaikutus: Large non-cash charge can materially reduce reported earnings and equity.

Working capital estimates

Receivables, inventory, and supplier timing affect operating cash flow.

Vaikutus: Can make cash generation look stronger or weaker quarter to quarter.

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

HF Foods Group Inc. (HFFG) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo