HF Foods Group Inc. (HFFG) financial statements (2021 and earlier)

Company profile

Business Address 19319 ARENTH AVENUE
CITY OF INDUSTRY, CA 91748
State of Incorp.
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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments101551
Cash and cash equivalents101551
Receivables265429 
Inventory, net of allowances, customer advances and progress billings597822 
Inventory597822 
Prepaid expense  00
Other current assets541 
Other undisclosed current assets012 
Total current assets:99151591
Noncurrent Assets
Finance lease, right-of-use asset1 
Operating lease, right-of-use asset117
Property, plant and equipment 3823 
Long-term investments and receivables220 
Long-term investments22  
Due from related parties  0 
Intangible assets, net (including goodwill)244593  
Goodwill69407  
Intangible assets, net (excluding goodwill)176187  
Deferred income tax assets00
Other noncurrent assets100 
Other undisclosed noncurrent assets1361045
Total noncurrent assets:3856512345
TOTAL ASSETS:4848038246
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3540200
Accounts payable2840170
Accrued liabilities6 2 
Taxes payable   0
Debt21221 
Due to related parties254 
Deferred tax liabilities1 
Contract with customer, liability0
Other undisclosed current liabilities20447 
Total current liabilities:77110340
Noncurrent Liabilities
Long-term debt and lease obligation893213 
Long-term debt, excluding current maturities881913 
Finance lease, liability11
Capital lease obligations0 
Operating lease, liability113
Liabilities, other than long-term debt535211
Deferred compensation liability, classified   1
Deferred tax liabilities, net1 
Deferred income tax liabilities4652
Due to related parties7   
Total noncurrent liabilities:14385141
Total liabilities:219195481
Temporary equity, carrying amount   40
Stockholders' equity
Stockholders' equity attributable to parent260603335
Common stock0000
Treasury stock, value (12)  
Additional paid in capital588600235
Retained earnings (accumulated deficit)(327)16100
Stockholders' equity attributable to noncontrolling interest441 
Total stockholders' equity:265608345
TOTAL LIABILITIES AND EQUITY:4848038246

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues567388291 
Cost of revenue(467)(325)(241) 
Gross profit:1006350 
Operating expenses(106)(55)(41)(0)
Other undisclosed operating income  0 
Operating income (loss):(6)89(0)
Nonoperating income (expense)(342)(0)00
Investment income, nonoperating0000
Other nonoperating income11  
Interest and debt expense(0)(0)  
Income (loss) from continuing operations before equity method investments, income taxes:(348)890
Other undisclosed income from continuing operations before income taxes00  
Income (loss) from continuing operations before income taxes:(348)890
Income tax expense (benefit)5(2)(2) 
Net income (loss):(343)660
Net loss attributable to noncontrolling interest(0)(1)(0) 
Other undisclosed net loss attributable to parent   (0)
Net income (loss) attributable to parent:(343)560
Undistributed earnings (loss) allocated to participating securities, basic   (0)
Net income (loss) available to common stockholders, diluted:(343)56(0)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(343)660
Comprehensive income (loss):(343)660
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)(1)(0) 
Comprehensive income (loss), net of tax, attributable to parent:(343)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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