HF Foods Group Inc. (HFFG) financial statements (2020 and earlier)

Company profile

Business Address 1250 BROADWAY, 36TH FLOOR
NEW YORK, NY 10001
State of Incorp. DE
Fiscal Year End December 31
SIC 514 - Groceries And Related Products (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1551
Cash and cash equivalents1551
Receivables5429 
Inventory, net of allowances, customer advances and progress billings7822 
Inventory7822 
Prepaid expense 00
Other current assets41 
Other undisclosed current assets12 
Total current assets:151591
Noncurrent Assets
Operating lease, right-of-use asset17
Property, plant and equipment3823 
Long-term investments and receivables20 
Long-term investments2  
Due from related parties 0 
Intangible assets, net (including goodwill)593  
Goodwill407  
Intangible assets, net (excluding goodwill)187  
Deferred income tax assets0
Other noncurrent assets00 
Other undisclosed noncurrent assets1045
Total noncurrent assets:6512345
TOTAL ASSETS:8038246
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities40200
Accounts payable40170
Accrued liabilities 2 
Taxes payable  0
Debt221 
Due to related parties54 
Deferred tax liabilities1 
Contract with customer, liability0
Other undisclosed current liabilities447 
Total current liabilities:110340
Noncurrent Liabilities
Long-term debt and lease obligation3213 
Long-term debt, excluding current maturities1913 
Finance lease, liability1
Capital lease obligations0 
Operating lease, liability13
Liabilities, other than long-term debt5211
Deferred compensation liability, classified  1
Deferred tax liabilities, net1 
Deferred income tax liabilities52
Total noncurrent liabilities:85141
Total liabilities:195481
Temporary equity, carrying amount  40
Stockholders' equity
Stockholders' equity attributable to parent603335
Common stock000
Treasury stock, value(12)  
Additional paid in capital600235
Retained earnings16100
Stockholders' equity attributable to noncontrolling interest41 
Total stockholders' equity:608345
TOTAL LIABILITIES AND EQUITY:8038246

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
Revenues388291 
Cost of revenue(325)(241) 
Gross profit:6350 
Operating expenses(55)(41)(0)
Other undisclosed operating income 0 
Operating income (loss):89(0)
Nonoperating income (expense)(0)00
Investment income, nonoperating000
Other nonoperating income1  
Interest and debt expense(0)  
Income from continuing operations before equity method investments, income taxes:890
Other undisclosed income from continuing operations before income taxes0  
Income from continuing operations before income taxes:890
Income tax expense(2)(2) 
Net income:660
Net loss attributable to noncontrolling interest(1)(0) 
Other undisclosed net loss attributable to parent  (0)
Net income attributable to parent:560
Undistributed earnings (loss) allocated to participating securities, basic  (0)
Net income (loss) available to common stockholders, diluted:56(0)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
Net income:660
Comprehensive income:660
Comprehensive loss, net of tax, attributable to noncontrolling interest(1)(0) 
Comprehensive income, net of tax, attributable to parent:560

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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