Hongchang International Co., Ltd financial data

Symbol
HCIL on OTC
Industry
Electromedical & Electrotherapeutic Apparatus
Location
Block 19, Hongchang Food Co.,, Yuanhong Investment Zone, Chengtou Town, Fuqing City, Fujian Province, China
State of incorporation
Nevada
Fiscal year end
December 31
Former names
Heyu Biological Technology Corp (to 11/14/2023), PACIFIC WEBWORKS INC (to 5/15/2018)
Latest financial report
10-Q - Q2 2024 - Aug 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 134 % +21161%
Quick Ratio 17.7 %
Debt-to-equity 30.6 % -68.1%
Return On Equity -0.74 % +80.5%
Return On Assets -0.56 % +87%
Operating Margin -7.26 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 519M shares
Common Stock, Shares, Outstanding 519M shares +403%
Entity Public Float 198M USD +9978%
Common Stock, Value, Issued 519K USD +403%
Weighted Average Number of Shares Outstanding, Basic 519M shares +21.1%
Weighted Average Number of Shares Outstanding, Diluted 519M shares +24.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 4.64M USD +31304%
Cost of Revenue 4.47M USD +62443%
Selling and Marketing Expense 155 USD
General and Administrative Expense 519K USD -16.2%
Operating Income (Loss) -337K USD +4.9%
Nonoperating Income (Expense) 64 USD -7.25%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -321K USD +6.41%
Income Tax Expense (Benefit) -733 USD
Net Income (Loss) Attributable to Parent -292K USD +14.8%
Earnings Per Share, Basic 0 USD/shares
Earnings Per Share, Diluted 0 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 317K USD
Accounts Receivable, after Allowance for Credit Loss, Current 1.03M USD
Inventory, Net 1.78M USD +485102%
Other Assets, Current 969K USD
Assets, Current 5.05M USD +15461%
Deferred Income Tax Assets, Net 69.9K USD
Property, Plant and Equipment, Net 15.8K USD
Operating Lease, Right-of-Use Asset 169K USD +1165%
Intangible Assets, Net (Excluding Goodwill) 2.97K USD
Other Assets, Noncurrent 4.9M USD +21692%
Assets 56.2M USD +25038%
Accounts Payable, Current 38.5K USD +145%
Employee-related Liabilities, Current 71.8K USD
Accrued Liabilities, Current 119K USD -5.34%
Contract with Customer, Liability, Current 417K USD -7.02%
Liabilities, Current 866K USD -63.5%
Operating Lease, Liability, Noncurrent 92.6K USD
Liabilities 16.9M USD +586%
Accumulated Other Comprehensive Income (Loss), Net of Tax -192K USD -670%
Retained Earnings (Accumulated Deficit) -974K USD +95.2%
Stockholders' Equity Attributable to Parent 39.3M USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 39.3M USD -3.21%
Liabilities and Equity 56.2M USD +25038%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 9.72K USD
Net Cash Provided by (Used in) Financing Activities 5.05M USD +12302%
Net Cash Provided by (Used in) Investing Activities -5.05M USD +88%
Common Stock, Shares Authorized 2B shares 0%
Common Stock, Shares, Issued 519M shares +403%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -656 USD -132%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 317K USD -63.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 56.9K USD
Deferred Tax Assets, Valuation Allowance 252K USD +17%
Deferred Tax Assets, Gross 318K USD +47.5%
Operating Lease, Liability 148K USD +974%
Depreciation 279 USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -607K USD -101%
Property, Plant and Equipment, Gross 16.5K USD
Operating Lease, Liability, Current 13.8K USD -83.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) -5.43K USD
Additional Paid in Capital 39.9M USD +133%
Amortization of Intangible Assets 81 USD
Depreciation, Depletion and Amortization 22.1K USD -2.82%
Deferred Tax Assets, Net of Valuation Allowance 65.9K USD