hf foods group inc., formerly atlantic acquisition corp., is a foodservice company. the company through its subsidiary, hf group holding corporation is a food service distributor. the company offers its foodservices to asian/chinese restaurants in southeastern united states. the company serves over 3, 200 restaurants across 10 states.
![HF Foods logo](/files/LOGO/1680873-HFFG.png)
Company profile
Ticker
HFFG
Exchange
Website
CEO
Zhou Min Ni / Xiao Mou Zhang
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Sysco • US Foods Holding • Dominos Pizza • Rave Restaurant • Alkame • Alkaline Water Company Inc • Cuentas • Veroni Brands • Sino Green Land • Loha ...
Former names
Atlantic Acquisition Corp., Stars Acquisition Corp.
SEC CIK
Corporate docs
Subsidiaries
273 Fifth Avenue, L.L.C. • A & Kie, LLC • American Fortune Foods, Inc. • Asahi Food, Inc • B & L Trading, LLC • B&B Trucking Services, Inc. • B&R Global Holdings, Inc. • B&R Global Services, LLC • B&R Group • B&R Realty, LLC ...
HFFG stock data
Latest filings (excl ownership)
8-K
HF Foods Appoints Lisa Lim and Charlotte Westfall to its Board of Directors
10 Jun 24
8-K
HF Foods Announces Settlement with SEC
10 Jun 24
8-K
Departure of Directors or Certain Officers
5 Jun 24
S-8
Registration of securities for employees
5 Jun 24
8-K
Submission of Matters to a Vote of Security Holders
4 Jun 24
DEFA14A
Additional proxy soliciting materials
3 Jun 24
8-K
Departure of Directors or Certain Officers
3 Jun 24
10-Q
2024 Q1
Quarterly report
10 May 24
8-K
HF Foods Reports First Quarter 2024 Financial Results
8 May 24
8-K
Entry into a Material Definitive Agreement
6 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 18.22 mm | 18.22 mm | 18.22 mm | 18.22 mm | 18.22 mm | 18.22 mm |
Cash burn (monthly) | (no burn) | (no burn) | 246.67 k | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 683.00 k | n/a | n/a | n/a |
Cash remaining | n/a | n/a | 17.53 mm | n/a | n/a | n/a |
Runway (months of cash) | n/a | n/a | 71.1 | n/a | n/a | n/a |
Institutional ownership, Q4 2023
11.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 0 |
Closed positions | 47 |
Increased positions | 1 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 104.21 mm |
Total shares | 6.07 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Irrevocable Trust for Raymond Ni | 6.04 mm | $21.91 mm |
SG Americas Securities | 22.03 k | $118.00 k |
Mirae Asset Global Investments | 15.39 k | $82.19 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Jun 24 | Zhang Xiao Mou | Common Stock | Grant | Acquire A | No | No | 3.55 | 142,606 | 506.25 k | 3,134,091 |
5 Jun 24 | Xi Lin | Common Stock | Grant | Acquire A | No | No | 3.55 | 69,718 | 247.50 k | 261,557 |
5 Jun 24 | Christine Chang | Common Stock | Grant | Acquire A | No | No | 3.55 | 52,817 | 187.50 k | 166,091 |
5 Jun 24 | Cindy Yao | Common Stock | Grant | Acquire A | No | No | 3.55 | 52,817 | 187.50 k | 52,817 |