Is Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO) a Buy, Sell, or Hold?
NASDAQ : FOFO
Hang Feng Technology Innovation Co., Ltd. Ordinary Shares
$2.52 USD
-$0.16 (-5.97%)
- Volume
- 34.84K
- Average Volume
- 254.3K
- Market Capitalization
- $19.08M
- P/E Ratio
- 0.00
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $68.00
- Year Low
- $1.75
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $2.71
FOFO Financial Statements
| date | 2024-12-31 | 2023-12-31 |
|---|---|---|
| revenue | 2.03M | 119.53K |
| costOfRevenue | - | - |
| grossProfit | 2.03M | 119.53K |
| researchAndDevelopmentExpenses | - | - |
| generalAndAdministrativeExpenses | 1.3M | 1.25M |
| sellingAndMarketingExpenses | - | - |
| sellingGeneralAndAdministrativeExpenses | 1.3M | 1.25M |
| otherExpenses | 8575 | 1870 |
| operatingExpenses | 1.31M | 1.25M |
| costAndExpenses | 1.31M | 1.25M |
| netInterestIncome | 1538 | 1217 |
| interestIncome | 1538 | 1217 |
| interestExpense | - | - |
| depreciationAndAmortization | 8575 | 1870 |
| ebitda | 735.39K | -1.13M |
| ebit | 726.81K | -1.13M |
| nonOperatingIncomeExcludingInterest | - | - |
| operatingIncome | 726.81K | -1.13M |
| totalOtherIncomeExpensesNet | 4961 | -3098 |
| incomeBeforeTax | 731.77K | -1.14M |
| incomeTaxExpense | 120.39K | -155.75K |
| netIncomeFromContinuingOperations | 611.38K | -981.84K |
| netIncomeFromDiscontinuedOperations | - | - |
| otherAdjustmentsToNetIncome | - | - |
| netIncome | 611.38K | -981.84K |
| netIncomeDeductions | - | - |
| bottomLineNetIncome | 611.38K | -981.84K |
| eps | - | -0.24 |
| date | 2024-12-31 | 2023-12-31 |
|---|---|---|
| cashAndCashEquivalents | 2.53M | 74898 |
| shortTermInvestments | - | 30775 |
| cashAndShortTermInvestments | 2.53M | 105.67K |
| netReceivables | 3.06M | - |
| accountsReceivables | 55266 | - |
| otherReceivables | 3M | - |
| inventory | - | - |
| prepaids | 152.8K | 138.18K |
| otherCurrentAssets | - | - |
| totalCurrentAssets | 5.74M | 243.86K |
| propertyPlantEquipmentNet | 33079 | 1750 |
| goodwill | - | - |
| intangibleAssets | 270.8K | - |
| goodwillAndIntangibleAssets | 270.8K | - |
| longTermInvestments | - | - |
| taxAssets | 142.64K | 181.35K |
| otherNonCurrentAssets | - | - |
| totalNonCurrentAssets | 446.51K | 183.1K |
| otherAssets | - | - |
| totalAssets | 6.19M | 426.95K |
| totalPayables | 1.64M | 3.22M |
| accountPayables | 65314 | 14970 |
| otherPayables | 1.57M | 3.21M |
| accruedExpenses | 32604 | - |
| shortTermDebt | - | - |
| capitalLeaseObligationsCurrent | - | - |
| taxPayables | 81046 | - |
| deferredRevenue | 448.25K | - |
| otherCurrentLiabilities | - | - |
| totalCurrentLiabilities | 2.12M | 3.22M |
| longTermDebt | - | - |
| capitalLeaseObligationsNonCurrent | - | - |
| deferredRevenueNonCurrent | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - |
| otherNonCurrentLiabilities | - | - |
| totalNonCurrentLiabilities | - | - |
| otherLiabilities | - | - |
| capitalLeaseObligations | - | - |
| totalLiabilities | 2.12M | 3.22M |
| treasuryStock | - | - |
| preferredStock | - | - |
| commonStock | 529 | 400 |
| retainedEarnings | -1.93M | -2.8M |
| additionalPaidInCapital | 6M | - |
| date | 2024-12-31 | 2023-12-31 |
|---|---|---|
| netIncome | 866.77K | -919.17K |
| depreciationAndAmortization | 8575 | 1870 |
| deferredIncomeTax | - | - |
| stockBasedCompensation | - | - |
| changeInWorkingCapital | 491K | -221.24K |
| accountsReceivables | -69888 | -138.18K |
| inventory | - | - |
| accountsPayables | 50344 | 14970 |
| otherWorkingCapital | 510.54K | -98026 |
| otherNonCashItems | -3422 | 4315 |
| netCashProvidedByOperatingActivities | 1.36M | -1.13M |
| investmentsInPropertyPlantAndEquipment | -39936 | - |
| acquisitionsNet | 73516 | - |
| purchasesOfInvestments | - | - |
| salesMaturitiesOfInvestments | 30986 | - |
| otherInvestingActivities | - | - |
| netCashProvidedByInvestingActivities | 64566 | - |
| netDebtIssuance | -1.97M | 1.19M |
| longTermNetDebtIssuance | -1.97M | 1.19M |
| shortTermNetDebtIssuance | - | - |
| netStockIssuance | 3M | - |
| netCommonStockIssuance | 3M | - |
| commonStockIssuance | 3M | - |
| commonStockRepurchased | - | - |
| netPreferredStockIssuance | - | - |
| netDividendsPaid | - | - |
| commonDividendsPaid | - | - |
| preferredDividendsPaid | - | - |
| otherFinancingActivities | - | - |
| netCashProvidedByFinancingActivities | 1.03M | 1.19M |