$HF Foods (HFFG.US)$Due to huge losses in 2020, the total am...
$HF Foods (HFFG.US)$Due to huge losses in 2020, the total amount for 5 years was a net loss. The reason for the loss in 2020 was impairment of capital assets. It is estimated that the impact of the epidemic caused a sharp decline in inventory.
Revenue for the first three quarters of 2022 increased 55%, but operating profit fell sharply by 54% to 8.12 million due to soaring sales and management expenses, leaving net profit of only 3.74 million.
Currently, the price-earnings ratio is 11, and the price-earnings ratio is TTM 18. The valuation is not attractive.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.