HF Foods (HFFG) 10-Q 14 Nov 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Nov. 14, 2018
Document And Entity Information
Entity Registrant Name	HF Foods Group Inc.
Entity Central Index Key	1,680,873
Document Type	10-Q
Trading Symbol	HFFG
Document Period End Date	Sep. 30, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity's Reporting Status Current	No
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Common Stock, Shares Outstanding		22,167,486
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,018

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
CURRENT ASSETS:
Cash	$ 7,790,951	$ 6,086,044
Accounts receivable, net	12,836,682	14,700,854
Accounts receivable - related parties, net	1,572,100	1,586,420
Inventories, net	24,124,042	22,669,225
Advances to suppliers, net	1,258,374	1,042,554
Advances to suppliers - related parties, net	674,893	3,248,309
Notes receivable	3,323,962
Notes receivable - related parties, current	38,049
Other current assets	1,150,653	554,865
TOTAL CURRENT ASSETS	52,769,706	49,888,271
Property and equipment, net	22,324,572	21,709,467
Long term notes receivable		764,493
Long-term notes receivable - related parties	8,494,317	6,860,056
Other long-term assets	171,321	1,435,613
TOTAL ASSETS	83,759,916	80,657,900
CURRENT LIABILITIES:
Lines of credit	12,494,146	11,894,146
Accounts payable	17,371,626	17,275,485
Accounts payable - related parties	3,147,470	4,075,927
Advance from customers	423,749	49,677
Advance from customers - related parties	349,721	1,350,296
Current portion of long-term debt, net	1,339,548	1,372,125
Current portion of obligations under capital leases	232,901	434,003
Income tax payable		512,415
Dividend payable		1,000,000
Accrued expenses	2,881,646	991,388
TOTAL CURRENT LIABILITIES	38,240,807	38,955,462
Long-term debt, net	13,381,574	14,249,579
Obligations under capital leases, non-current	0	118,535
Deferred tax liabilities	267,344	436,212
TOTAL LIABILITIES	51,889,725	53,759,788
Commitments and contingencies
EQUITY:
Common Stock, $.0001 par value, 30,000,000 shares authorized , 22,167,486 and 19,969,831 common stock issued and outstanding as of September 30, 2018 and December 31, 2017, respectively	2,217	1,997
Additional paid-in capital	22,920,602	21,549,703
Retained earnings	8,187,789	4,255,213
Total shareholders' equity	31,110,608	25,806,913
Noncontrolling interest	759,583	1,091,199
TOTAL EQUITY	31,870,191	26,898,112
TOTAL LIABILITIES AND EQUITY	$ 83,759,916	$ 80,657,900

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - $ / shares	Sep. 30, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Common Stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common Stock, authorized	30,000,000	30,000,000
Common Stock, issued	22,167,486	19,969,831
Common Stock, outstanding	22,167,486	19,969,831

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
TOTAL NET REVENUE	$ 70,363,798	$ 75,595,876	$ 217,232,084	$ 225,737,037
TOTAL COST OF REVENUE	57,801,111	64,467,449	180,441,598	194,145,322
GROSS PROFIT	12,562,687	11,128,427	36,790,486	31,591,715
DISTRIBUTION, SELLING AND ADMINISTRATIVE EXPENSES	10,385,563	8,645,443	31,725,945	24,030,554
INCOME FROM OPERATIONS	2,177,124	2,482,984	5,064,541	7,561,161
Other Income (Expenses)
Interest income	333,072	12,812	346,822	16,979
Interest expense and bank charges	(270,049)	(409,243)	(1,024,762)	(1,030,523)
Other income	370,678	635,294	918,010	832,683
Total Other Expenses, net	433,701	238,863	240,070	(180,861)
INCOME BEFORE INCOME TAX PROVISION	2,610,825	2,721,847	5,304,611	7,380,300
PROVISION FOR INCOME TAXES	840,147	468,646	1,542,207	476,624
NET INCOME	1,770,678	2,253,201	3,762,404	6,903,676
Less: net income (loss) attributable to non-controlling interest	103,600	277,386	(277,855)	256,132
NET INCOME ATTRIBUTABLE TO HF GROUP HOLDING CORPORATION	1,667,078	1,975,815	4,040,259	6,647,544
NET INCOME	1,770,678	2,253,201	3,762,404	6,903,676
Pro forma adjustment to reflect income tax expenses if taxed under C Corporation		(563,216)		(2,367,812)
Less: net income (loss) attributable to non-controlling interest	103,600	277,386	(277,855)	256,132
Net income used to compute pro forma net earnings per share	$ 1,667,078	$ 1,412,599	$ 4,040,259	$ 4,279,732
Earnings per common share - basic and diluted (in dollars per share)	$ 0.08	$ 0.1	$ 0.2	$ 0.33
Pro Forma earnings per common share - basic and diluted (in dollars per share)	$ 0.08	$ 0.07	$ 0.2	$ 0.21
Weighted average shares - basic and diluted (in shares)	21,364,256	19,969,831	20,434,639	19,969,831
Third Parties [Member]
TOTAL NET REVENUE	$ 65,936,159	$ 72,365,230	$ 203,868,014	$ 211,629,726
TOTAL COST OF REVENUE	53,471,081	61,302,115	167,372,145	180,323,210
Related Parties [Member]
TOTAL NET REVENUE	4,427,639	3,230,646	13,364,070	14,107,311
TOTAL COST OF REVENUE	$ 4,330,030	$ 3,165,334	$ 13,069,453	$ 13,822,112

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities:
Net Income	$ 3,762,404	$ 6,903,676
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	1,579,105	1,384,871
Provision of doubtful accounts	62,231	(412,280)
Deferred tax benefit	(168,868)	(2,099)
Changes in operating assets and liabilities:
Accounts receivable, net	1,801,941	(6,732,820)
Accounts receivable - related parties, net	14,320	3,822,902
Inventories	(1,454,817)	392,937
Advances to suppliers	(215,820)	983,709
Advances to suppliers - related parties, net	2,573,416	(1,564,133)
Other current assets	(421,424)	1,177,006
Other long-term assets	1,264,289	760,651
Accounts payable	96,141	(1,314,301)
Accounts payable - related parties	(928,457)	3,626,506
Advance from customers	374,072	334,390
Advance from customers - related parties	(1,000,575)	(369,604)
Income tax payable	(745,958)	200,723
Accrued expenses	1,890,258	(63,161)
Net cash provided by operating activities	8,482,258	9,128,973
Cash flows from investing activities:
Cash received from business combination of HG Realty		31,070
Cash acquired from acquisition of Atlantic Acquisition	5,550,298
Cash paid for redemption of Atlantic Acquisition’s stock in connection of reverse acquisition	(4,120,000)
Purchase of property and equipment	(2,194,210)	(2,116,187)
Cash paid for issuance of long-term notes receivable	(2,559,469)
Cash received from long-term notes receivable to related parties	316,504	3,202,478
Cash paid for issuance of long-term notes receivable to related parties	(1,988,813)
Collection from shareholder loan		1,760,258
Net cash used in investing activities	(4,995,690)	2,877,619
Cash flows from financing activities:
Proceeds from lines of credit	3,600,000	1,200,000
Repayment of lines of credit	(3,000,000)	(4,100,000)
Proceeds from long-term debt	3,745,048	1,300,597
Repayment of long-term debt	(4,965,264)	(1,310,906)
Cash distribution to shareholders	(1,161,445)	(8,772,255)
Net cash used in financing activities	(1,781,661)	(11,682,564)
Net increase (decrease) in cash	1,704,907	324,028
Cash at beginning of period	6,086,044	5,956,145
Cash at end of period	7,790,951	6,280,173
Supplemental cash flow information
Cash paid for interest	1,008,666	973,381
Cash paid for income taxes	$ 2,413,148	$ 278,000

ORGANIZATION AND BUSINESS DESCR

ORGANIZATION AND BUSINESS DESCRIPTION	9 Months Ended
	Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BUSINESS DESCRIPTION	NOTE 1 ORGANIZATION AND BUSINESS DESCRIPTION Organization and General HF Foods Group Inc. (“HF Foods”, or the “Company”), previously known as “Atlantic Acquisition Corp.” (“Atlantic”), markets and distributes fresh produces, frozen and dry food, and non-food products to primarily Asian/Chinese restaurants and other foodservice customers throughout the Southeast region of the United States of America (“USA”). Atlantic Acquisition Corp. is a Delaware company incorporated on May 19, 2016 in order to acquire, through a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, what Atlantic refers to as a “target business.” Business combination Effective August 22, 2018, Atlantic consummated the transactions contemplated by a merger agreement (the “Merger Agreement”), dated as of March 28, 2018, by and among HF Group Merger Sub Inc., a Delaware subsidiary formed by Atlantic, HF Group Holding Corporation, a North Carolina corporation (“HF Holding”), the stockholders of HF Holding, and Zhou Min Ni, as representative of the stockholders of HF Holding. Pursuant to the Merger Agreement, HF Holding merged with HF Merger Sub and HF Holding became the surviving entity (the “Merger”) and a wholly-owned subsidiary of Atlantic (the “Acquisition”). Additionally, upon the closing of the transactions contemplated by the Merger Agreement (the “Closing”), (i) the stockholders of HF Holding became the holders of a majority of the shares of common stock of Atlantic, and (ii) Atlantic changed its name to HF Foods Group Inc. (Collectively, these transactions are referred to as the “Transactions”). At closing on August 22, 2018, Atlantic issued the HF Holding stockholders an aggregate of 19,969,831 shares of its common stock, equal to approximately 88.5% of the aggregate issued and outstanding shares of Atlantic’s common stock. The pre-Transaction stockholders of Atlantic owned the remaining 11.5% of the issued and outstanding shares of common stock of the combined entities. After giving effect to the Transactions, there are currently 22,558,492 shares of Atlantic’s common stock issued and outstanding (without giving effect to the post closing cancellation of 390,000 shares held by an unaffiliated stockholder. Upon the Closing, Atlantic’s rights and units ceased trading and Atlantic’s common stock commenced trading on Thursday, August 23, 2018 on the Nasdaq Capital Market under the symbol “HFFG”. The Acquisition is treated by Atlantic as a reverse business combination under the acquisition method of accounting in accordance with GAAP. For accounting purposes, HF Holding is considered to be acquiring Atlantic in this transaction. Therefore, the aggregate consideration paid in connection with the business combination will be allocated to Atlantic’s tangible and intangible assets and liabilities based on their fair market values. The assets and liabilities and results of operations of Atlantic will be consolidated into the results of operations of HF Holding as of the completion of the business combination. Reorganization of HF Group HF Holding was incorporated in the State of North Carolina on October 11, 2017. Effective January 1, 2018, HF Holding entered into a Contribution Agreement (the “Agreement”) whereby the controlling shareholders of the following 11 entities contributed their respective stocks to HF Holding in exchange for all of HF Holding’s outstanding shares. Upon completion of the share exchanges, these entities became either wholly-owned or majority-owned subsidiaries of HF Holding (hereafter collectively referred to as “HF Group”). ● Han Feng, Inc. (“Han Feng”) ● Truse Trucking, Inc. (“TT”) ● Morning First Delivery (“MFD”) ● R&N Holdings, LLC (“R&N Holdings”) ● R&N Lexington, LLC (“R&N Lexington”) ● Kirnsway Manufacturing Inc. (“Kirnsway”) ● Chinesetg, Inc. (“Chinesetg”) ● New Southern Food Distributors, Inc. (“NSF”) ● B&B Trucking Services, Inc. (“BB”) ● Kirnland Food Distribution, Inc. (“Kirnland”) ● HG Realty LLC (“HG Realty”) In accordance with Accounting Standards Codification (“ASC”) 805-50-25, the transaction consummated through the Agreement has been accounted for as a transaction among entities under common control since the same shareholders control all these 11 entities prior to the execution of the Agreement. The consolidated financial statements of the Company have been prepared to report results of operations for the period in which the transfer occurred as though the transfer of net assets or exchange of equity interests had occurred at the beginning of the period presented, in this case January 1, 2017. Results of operations for the period presented comprise those of the previously separate entities combined from the beginning of the period to the end of the period. By eliminating the effects of intra-entity transactions in determining the results of operations for the period before the combination, those results will be on substantially the same basis as the results of operations for the period after the date of combination. The effects of intra-entity transactions on current assets, current liabilities, revenue, and cost of sales for periods presented and on retained earnings at the beginning of the periods presented are eliminated to the extent possible. Furthermore, ASC 805-50-45-5 indicates that the financial statements and financial information presented for prior years also shall be retrospectively adjusted to furnish comparative information. In accordance with ASC 805-50-30-5, when accounting for a transfer of assets or exchange of shares between entities under common control, the entity that receives the net assets or the equity interests should initially recognize the assets and liabilities transferred at their carrying amounts in the accounts of the transferring entity at the date of the transfer. If the carrying amounts of the assets and liabilities transferred differ from the historical cost of the parent of the entities under common control, then the financial statements of the receiving entity should reflect the transferred assets and liabilities at the historical cost of the parent of the entities under common control. Accordingly, the Company has recorded the assets and liabilities transferred from the above entities at their carrying amount. The following table summarizes the entities under HF Group after the above-mentioned reorganization: Name Date of Place of Percentage of legal Principal activities Parent: HF Holding October 11, 2017 North Carolina, USA — Holding Company Subsidiaries: Han Feng January 14, 1997 North Carolina, USA 100% Distributing food and related products TT August 6, 2002 North Carolina, USA 100% Trucking service MFD April 15, 1999 North Carolina, USA 100% Trucking service R&N Holdings November 21, 2002 North Carolina, USA 100% Real estate holding R&N Lexington May 27, 2010 North Carolina, USA 100% Real estate holding Kirnsway May 24, 2006 North Carolina, USA 100% Design and printing services Chinesetg July 12, 2011 North Carolina, USA 100% Design and printing services NSF December 17, 2008 Florida, USA 100% Distributing food and related products BB September 12, 2001 Florida, USA 100% Trucking service Kirnland April 11, 2006 Georgia, USA 66.7% Distributing food and related products HG Realty May 11, 2012 Georgia, USA 100% Real estate holding On June 5, 2018, AnHeart Inc. (“AnHeart”) was incorporated and 100% owned by HF Holding. AnHeart was formed solely to enter into lease agreements for two premises in New York City (Note 8), to expand the Company’s product line to include Chinese herb supplements.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Principles of Consolidation The Company’s unaudited condensed consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The unaudited condensed consolidated financial statements include the financial statements of HF Foods and its subsidiaries. All material intercompany accounts and transactions have been eliminated in consolidation. The unaudited interim condensed consolidated financial information as of September 30, 2018 and for the three and nine months ended September 30, 2018 and 2017 have been prepared, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures, which are normally included in the annual financial statements prepared in accordance with U.S. GAAP, may have been omitted pursuant to those rules and regulations. The unaudited interim condensed consolidated financial information should be read in conjunction with the audited consolidated financial statements and the notes thereto for the fiscal years ended December 31, 2017 and 2016. In the opinion of management, all adjustments (which include normal recurring adjustments) necessary to present a fair presentation of the Company’s financial position as of September 30, 2018, its results of operations and its cash flows for the nine months ended September 30, 2018 and 2017, as applicable, have been made. The unaudited interim results of operations are not necessarily indicative of the operating results for the full fiscal year or any future periods. Noncontrolling interests U.S. GAAP requires that noncontrolling interests in subsidiaries and affiliates be reported in the equity section of a company’s balance sheet. In addition, the amounts attributable to the net income (loss) of those subsidiaries are reported separately in the consolidated statements of income. Uses of estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during each reporting period. Actual results could differ from those estimates. Significant accounting estimates reflected in the Company’s consolidated financial statements include the allowances for doubtful accounts, estimated useful lives and fair value in connection with the impairment of property and equipment. Cash and Cash Equivalents The Company considers all highly liquid investments purchased with a maturity of three or fewer months to be cash equivalents. As of September 30, 2018 and December 31, 2017, the Company had no cash equivalents. Accounts Receivable Accounts receivable represent amounts due from customers in the ordinary course of business and are recorded at the invoiced amount and do not bear interest. Receivables are presented net of the allowance for doubtful accounts in the accompanying unaudited condensed consolidated balance sheets. The Company evaluates the collectability of its accounts receivable and determines the appropriate allowance for doubtful accounts based on a combination of factors. When the Company is aware of a customer’s inability to meet its financial obligation, a specific allowance for doubtful accounts is recorded, reducing the receivable to the net amount the Company reasonably expects to collect. In addition, allowances are recorded for all other receivables based on historic collection trends, write-offs and the aging of receivables. The Company uses specific criteria to determine uncollectible receivables to be written off, including bankruptcy, accounts referred to outside parties for collection, and accounts past due over specified periods. As of September 30, 2018 and December 31, 2017, the allowances for doubtful accounts were $629,339 and $567,108, respectively. Inventories The Company’s inventories, consisting mainly of food and other food service-related products, are primarily considered as finished goods. Inventory costs, including the purchase price of the product and freight charges to deliver it to the Company’s warehouses, are net of certain cash or non-cash consideration received from vendors. The Company assesses the need for valuation allowances for slow-moving, excess and obsolete inventories by estimating the net recoverable value of such goods based upon inventory category, inventory age, specifically identified items, and overall economic conditions. Inventories are stated at the lower of cost or net realizable value using the first-in, first-out (FIFO) method. Property and Equipment Property and equipment are stated at cost, less accumulated depreciation and amortization. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets. Following are the estimated useful lives of the Company’s property and equipment: Estimated useful lives Buildings and improvements 7-39 years Machinery and equipment 3-7 years Motor vehicles 5 years Repair and maintenance costs are charged to expense as incurred, whereas the cost of renewals and betterment that extends the useful lives of property, plant and equipment are capitalized as additions to the related assets. Retirements, sales and disposals of assets are recorded by removing the cost and accumulated depreciation from the asset and accumulated depreciation accounts with any resulting gain or loss reflected in the consolidated statements of income in other income or expenses. Impairment of Long-lived Assets The Company assesses its long-lived assets such as property and equipment for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Factors which may indicate potential impairment include a significant underperformance related to the historical or projected future operating results or a significant negative industry or economic trend. Recoverability of these assets is measured by comparison of their carrying amounts to future undiscounted cash flows the assets are expected to generate. If property and equipment are considered to be impaired, the impairment to be recognized equals the amount by which the carrying value of the assets exceeds their fair value. The Company did not record any impairment loss on its long-lived assets as of September 30, 2018 and December 31, 2017. Revenue recognition The Company recognizes revenue from the sale of products when title and risk of loss passes and the customer accepts the goods, which generally occurs at delivery. Sales taxes invoiced to customers and remitted to government authorities are excluded from net sales. On January 1, 2018 the Company adopted Accounting Standards Update (“ASU”) 2014-09 Revenue from Contracts with Customers (FASB ASC Topic 606) using the modified retrospective method for contracts that were not completed as of January 1, 2018. The results of applying Topic 606 using the modified retrospective approach were insignificant and did not have a material impact on our consolidated financial condition, results of operations, cash flows, business process, controls or systems. The core principle underlying the revenue recognition ASU is that the Company will recognize revenue to represent the transfer of goods and services to customers in an amount that reflects the consideration to which the Company expects to be entitled in such exchange. This will require the Company to identify contractual performance obligations and determine whether revenue should be recognized at a point in time or over time, based on when control of goods and services transfers to a customer. The majority of our contracts have one single performance obligation as the promise to transfer the individual goods is not separately identifiable from other promises in the contracts and is, therefore, not distinct. The Company’s revenue streams are recognized at a point in time. The contract assets and contract liabilities are recorded on the Condensed Consolidated Balance Sheet as accounts receivable and advance payment from customers as of September 30, 2018 and December 31, 2017. For the nine and three months ended September 30, 2018, revenue recognized from performance obligations related to prior periods was insignificant. Revenue expected to be recognized in any future periods related to remaining performance obligations is insignificant. The following table summarizes disaggregated revenue from contracts with customers by geographic locations: For the Three Months Ended September 30, September 30, North Carolina $ 33,693,973 $ 36,374,614 Florida 21,156,747 22,221,066 Georgia 15,513,077 17,000,196 Total $ 70,363,798 $ 75,595,876 For the Nine Months Ended September 30, September 30, North Carolina $ 103,262,880 $ 108,846,810 Florida 66,282,082 65,584,564 Georgia 47,687,122 51,305,663 Total $ 217,232,084 $ 225,737,037 Shipping and handling costs Shipping and handling costs, which include costs related to the selection of products and their delivery to customers, are presented in distribution, selling and administrative expenses. Shipping and handling costs were $3,615,470, and $3,225,523 for the nine months ended September 30, 2018 and 2017, and $791,016 and $545,130 for the three months ended September 30, 2018 and 2017, respectively. Income taxes The Company accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, the Company determines deferred tax assets and liabilities on the basis of the differences between the financial statement and tax bases of assets and liabilities by using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. The Company recognizes deferred tax assets to the extent that it believes that these assets are more likely than not to be realized. In making such a determination, the Company considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations. If the Company determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. The Company records uncertain tax positions in accordance with ASC 740 on the basis of a two-step process in which (1) the Company determines whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position and (2) for those tax positions that meet the more-likely-than-not recognition threshold, the Company recognizes the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. The Company does not believe that there was any uncertain tax positions at September 30, 2018 and December 31, 2017. Capital lease obligations The Company has recorded capital lease obligations for equipment leases at both September 30, 2018 and December 31, 2017. In each case, the Company records the equipment as its own assets under lease accounting guidance. Further, each lease contains provisions indicating continuing involvement with the equipment at the end of the lease period. As a result, in accordance with applicable accounting guidance, related assets subject to the leases are reflected on the Company’s unaudited condensed consolidated balance sheets and depreciated over the lesser of the lease term or their remaining useful lives. The present value of the lease payments associated with the equipment is recorded as capital lease obligations. Earnings per Share The Company computes earnings per share (“EPS”) in accordance with ASC 260, “Earnings per Share” (“ASC 260”). ASC 260 requires companies with complex capital structures to present basic and diluted EPS. Basic EPS is measured as net income divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. There is no anti-dilutive effect for the nine months ended September 30, 2018 and 2017. Fair value of financial instruments The Company follows the provisions of FASB ASC 820, Fair Value Measurements and Disclosures. ASC 820 clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows: Level 1 - Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. Level 2 - Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. Level 3 - Inputs are unobservable inputs which reflect the reporting entity’s own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information. The carrying amounts reported in the balance sheets for cash, accounts receivable, advances to suppliers, other current assets, accounts payable, income tax payable, advance from customers, accrued and other liabilities approximate their fair value based on the short-term maturity of these instruments. Concentrations and credit risk Credit risk Accounts receivable are typically unsecured and derived from revenue earned from customers, thereby exposed to credit risk. The risk is mitigated by the Company’s assessment of its customers’ creditworthiness and its ongoing monitoring of outstanding balances. Concentration risk There were no receivables from any one customer representing more than 10% of the Company’s consolidated gross accounts receivable at September 30, 2018 and December 31, 2017. For the nine and three months ended September 30, 2018 and September 30, 2017, no supplier accounted for more than 10% of the total cost of revenue. As of September 30, 2018, one supplier accounted for 63% of total third party advance payments. One related party supplier accounted for 92% of advance payments to related parties. As of December 31, 2017, one supplier accounted for 69% of total advance payments outstanding and this supplier accounted for 92% of advance payments to related parties. Recent accounting pronouncements In February 2016, the FASB issued ASU No. 2016-02, “Leases” to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet with a corresponding liability and disclosing key information about leasing arrangements. For public business entities, the amendments in this ASU are effective for fiscal years beginning after December 15, 2018, including interim reporting periods within those fiscal years. For all other entities, the amendments in this ASU are effective for fiscal years beginning after December 15, 2019, and interim reporting periods within fiscal years beginning after December 15, 2020. Early adoption is permitted. The Company is evaluating the impact of the adoption of this revised guidance on its consolidated financial statements. In October 2016, the FASB issued ASU No. 2016-17, “Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control”. The amendments affect reporting entities that are required to evaluate whether they should consolidate a variable interest entity in certain situations involving entities under common control. Specifically, the amendments change the evaluation of whether a reporting entity is the primary beneficiary of a variable interest entity by changing how a reporting entity that is a single decision maker of a variable interest entity treats indirect interests in the entity held through related parties that are under common control with the reporting entity. The amendments are effective for public business entities for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2016, and interim reporting periods within fiscal years beginning after December 15, 2017. Early adoption is permitted. The Company does not expect that adoption of this guidance will have a material impact on its consolidated financial statements and related disclosures. In November 2016, the FASB issued ASU No. 2016-18, “Statement of Cash Flows (Topic 230): Restricted Cash”, which requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments in this ASU apply to all entities that have restricted cash or restricted cash equivalents and are required to present a statement of cash flows under Topic 230. The amendments are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2018, and interim periods within fiscal years beginning after December 15, 2019. Early adoption is permitted. The amendments should be applied using a retrospective transition method to each period presented. The adoption of this guidance will increase cash and cash equivalents by the amount of the restricted cash on the Company’s consolidated statement of cash flows. In July 2017, the FASB issued ASU No. 2017-11, Earnings Per Share (Topic 260), Distinguishing Liabilities from Equity (Topic 480), and Derivatives and Hedging (Topic 815). The guidance of Part I is to clarify accounting for certain financial instruments with down round feature in a financial instrument that reduces the strike price of an issued financial instrument if the issuer sells shares of its stock for an amount less than the currently stated strike price of the issued financial instrument or issues an equity-linked financial instrument with a strike price below the currently stated strike price of the issued financial instrument. For freestanding equity classified financial instruments, the amendments require entities that present earnings per share (EPS) in accordance with Topic 260 to recognize the effect of the down round feature when it is triggered. That effect is treated as a dividend and as a reduction of income available to common shareholders in basic EPS. Convertible instruments with embedded conversion options that have down round features are now subject to the specialized guidance for contingent beneficial conversion features. The amendments also re-characterize the indefinite deferral of certain provisions of Topic 480 that now are presented as pending content in the Codification, to a scope exception. Those amendments do not have an accounting effect. The amendments in Part I of ASU No. 2017-11 are effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted for all entities, including adoption in an interim period. The amendments in Part II of this Update do not require any transition guidance because those amendments do not have an accounting effect. The Company has not early adopted this update and it will become effective on July 1, 2020. The Company is currently evaluating the impact of its pending adoption of ASU 2017-11 on its consolidated financial statements. In February 2018, the FASB issued ASU No. 2018-02, “Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income”. The amendments eliminate the stranded tax effects resulting from the United States Tax Cuts and Jobs Act (the “Act”) and will improve the usefulness of information reported to financial statement users. ASU No. 2018-02 is effective for all entities for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. The Company has not early adopted this update and it will become effective on July 1, 2019. The Company does not expect that the adoption of this guidance will have a material impact on its consolidated financial statements.

ACCOUNTS RECEIVABLE, NET

ACCOUNTS RECEIVABLE, NET	9 Months Ended
	Sep. 30, 2018
Receivables [Abstract]
ACCOUNTS RECEIVABLE, NET	NOTE 3 - ACCOUNTS RECEIVABLE, NET Accounts receivable consisted of the following: As of As of Accounts receivable $ 13,466,021 $ 15,267,962 Less: allowance for doubtful accounts (629,339 ) (567,108 ) Accounts receivable, net $ 12,836,682 $ 14,700,854 Movement of allowance for doubtful accounts is as follows: For the Nine Months Ended September 30, 2018 September 30, 2017 Beginning balance $ 567,108 $ 670,280 Provision for doubtful accounts 89,019 55,268 Less: write off/recovery (26,788 ) (23,948 ) Ending balance $ 629,339 $ 701,600

NOTES RECEIVABLE

NOTES RECEIVABLE	9 Months Ended
	Sep. 30, 2018
Notes Receivable
NOTES RECEIVABLE	NOTE 4- NOTES RECEIVABLE On September 30, 2018, the Company entered into a line of credit promissory note agreement with Feilong Trading, Inc, which is a supplier to the Company. Pursuant to the promissory note agreement, Feilong Trading, Inc could borrow up to $4,000,000 from time to time. The note bears interest at the rate of 5% per annum on the unpaid balance, compounded monthly. The entire amount of all unpaid principal and accrued interest shall be due and payable in full by September 30, 2019. As of September 30, 2018 and December 31, 2017, outstanding balance of the notes receivable were $3,323,962 and $nil, respectively.

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	9 Months Ended
	Sep. 30, 2018
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT, NET	NOTE 5 - PROPERTY AND EQUIPMENT, NET Property and equipment, net consisted of the following: As of As of Land $ 1,608,647 $ 1,608,647 Buildings and improvements 18,784,628 18,589,496 Machinery and equipment 9,934,252 9,430,221 Motor vehicles 9,611,873 8,288,868 Subtotal 39,939,400 37,917,232 Less: accumulated depreciation (17,614,827 ) (16,207,765 ) Property and equipment, net $ 22,324,573 $ 21,709,467 Depreciation expense was $1,579,105 and $1,384,871 for the nine months ended September 30, 2018 and 2017, and $537,443 and $475,506 for the three months ended September 30, 2018 and 2017, respectively.

LINES OF CREDIT

LINES OF CREDIT	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
LINES OF CREDIT	NOTE 6 - LINES OF CREDIT On July 1, 2016, Han Feng, the Company’s main operating entity, entered into a line of credit agreement with East West Bank. The line of credit agreement provided for a revolving credit of $14,500,000. The line of credit is secured by virtually all assets of Han Feng, premises and an adjoining undeveloped parcel of land owned by R&N Holding, and premises owned by R&N Lexington. The principal and all accrued unpaid interest were originally due in May 2018 and was extended to November 28, 2018, to provide uninterrupted credit facility while the renewal of the line of credit is being reviewed by the bank. Interest is based on the prime rate less 0.15%, but in no event less than 3.25% per annum, and is payable monthly (4.85% at September30, 2018). The outstanding balance on the line of credit as at September 30, 2018 and December 31, 2017 was $9,144,000 and $9,344,000, respectively. The line of credit agreement contains certain financial covenants which, among other things, require Han Feng to maintain certain financial ratios. At September 30, 2018 and December 31, 2017, Han Feng was in compliance with the covenants under the line of credit agreement. The line of credit was guaranteed by the two shareholders of the Company, as well as four subsidiaries of the Company, TT, MFD, R&N Holding and R&N Lexington. On November 14, 2012, NSF, the Company’s another operating entity, entered into a line of credit agreement with Bank of America. The line of credit agreement provided for a revolving credit of $4,000,000. The line of credit is secured by three real properties owned by NSF, and guaranteed by the two shareholders of the Company, as well as BB, a subsidiary of the Company. The maximum borrowings are determined by certain percentages of eligible accounts receivable and inventories. The principal and all accrued unpaid interest were due in January 2018. The loan was renewed upon maturity and is now due in February 2020. Interest is based on the LIBOR rate plus 2.75% (4.8435% at September 30, 2018). The outstanding balance on the line of credit as at September 30, 2018 and December 31, 2017 was $3,350,146 and $2,550,146, respectively. The line of credit agreement contains certain financial covenants which, among other things, require NSF to maintain certain financial ratios. At September 30, 2018 and December 31, 2017, NSF was in compliance with the covenants under the line of credit agreement.

LONG-TERM DEBT

LONG-TERM DEBT	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
LONG-TERM DEBT	NOTE 7 - LONG-TERM DEBT Long-term debt at September 30, 2018 and December 31, 2017 is as follows: Bank name Maturity Interest rate at December 31, 2017 As of As of East West Bank – (b) June 2022 - August 2027 4.25% - 4.75 % $ $ 5,095,693 $ 5,220,809 Capital Bank – (c) October 2027 3.85 % 5,199,680 5,333,677 Bank of America – (d) February 2023 4.2095 % 1,689,248 2,262,500 Bank of Montreal – (a) April 2022 - June 2023 5.99% - 6.87 % 2,278,756 1,071,398 GE Capital – (a) October 2019 5.94 % — 36,359 Other finance companies – (e) September 2018 - December 2023 3.99% - 6.69 % 457,745 1,696,961 Total debt 14,721,122 15,621,704 Less: current portion (1,339,548 ) (1,372,125 ) Long-term debt $ 13,381,574 $ 14,249,579 The terms of the various loan agreements related to long-term bank borrowings contain certain restrictive financial covenants which, among other things, require the Company to maintain specified levels of debt to tangible net worth and debt service coverage. As of September 30, 2018 and December 31, 2017, the Company was in compliance with such covenants. The loans outstanding were guaranteed by the following properties, entities or individuals: (a) Not collateralized or guaranteed. (b) Guaranteed by two shareholders of the Company, as well as five subsidiaries of the Company, Han Feng, TT, MFD, R&N Holding and R&N Lexington. Also secured by assets of Han Feng and R&N Lexington and R&N Holding, two real properties of R&N Holding, and a real property of R&N Lexington. Balloon payment of these long-term debts is $3,642,215. (c) Guaranteed by two shareholders, as well as Han Feng, one subsidiary of the Company. Also secured by a real property owned by HG Realty. Balloon payment of this debt is $3,116,687. (d) Guaranteed by two shareholders, as well as two subsidiaries of the Company, NSF and BB. Secured by a real property, equipment and fixtures, inventories, receivables and all other personal property owned by NSF. Balloon payment of this long-term debt is $1,684,898. (e) Secured by vehicles. The future maturities of long-term debt at September 30,2018 are as follows: Twelve months ending September 2019 $ 1,339,548 2020 1,210,870 2021 952,844 2022 839,745 2023 724,014 Thereafter 9,654,102 Total $ 14,721,122

LEASES

LEASES	9 Months Ended
	Sep. 30, 2018
Leases [Abstract]
LEASES	NOTE 8 - LEASES Capital Lease Obligations The Company leases vehicles or delivery trucks under capital leases with various expiration dates through 2021. At September 30, 2018 and December 31, 2017, the cost of assets acquired under capital leases is $1,297,900, the related accumulated depreciation is $730,275 and $535,590, respectively, and the net book value is $567,625 and $762,310, respectively. Depreciation expense related to these assets for the nine months ended September 30, 2018 and 2017 were $194,685 and $129,790, respectively. Capital lease obligations consisted of the following: As of September 30, 2018 As of December 31, 2017 Vehicles due in monthly installments of $40,470 inclusive of interest at 14.38%, due in March 2019 $ 232,901 $ 552,538 Less: current portion (232,901 ) (434,003 ) Obligations under capitalized leases payable after one year $ — $ 118,535 Operating lease commitments The Company’s operating leases mainly include forklifts, housing units and two buildings located in New York city, as described below. These leases had an average remaining lease term of approximately 5 years as of September 30, 2018 for forklift and 27.5 years for real estate lease. Rental expense charged to expenses under operating leases for the nine months ended September 30, 2018 and 2017 amounted to $301,069 and $492,568, and $104,700 and $222,973 for the three months ended September 30, 2018 and 2017, respectively. On July 2, 2018, AnHeart entered into two separate leases for two buildings located in Manhattan, New York, at 273 Fifth Avenue and 275 Fifth Avenue, for 30 years and 15 years, respectively, which are net leases, meaning that Anheart is required to pay all costs associated with the buildings, including utilities, maintenance and repairs. HF Holding provided a guaranty for all rent and related costs of the leases, including construction costs associated with rehabilitation of the two buildings. Under the lease for 273 Fifth Avenue, the fixed rent costs over 30 years commence at $325,000 for the first year and escalate every year during the term to $1,047,000 in year 30. Under the lease for 275 Fifth Avenue, the fixed rent costs over 15 years commence at $462,000 for the first year and escalate every year during the term to approximately $760,878 in year 15. Under the leases, AnHeart delivered two letters of credit in favor of the Landlord as security for the obligations under the leases. With respect t to 273 Fifth Avenue, the letter of credit is in the amount of $213,000. With respect t to 275 Fifth Avenue, the letter of credit is in the amount of $115,500. The Company entered into the leases for the purpose of expanding its product lines to include Chinese herb supplements, and management determined at the time of the execution of the leases to use the sites to develop into a hub for such products. However, management has since determined to cease the said business expansion. As of November 1, 2018, the Company has agreements in principle to sell AnHeart and obtained a sub guarantor. Under the proposed sales agreement, AnHeart would be sold to a third party for a sum of $20,000. The landlords on the leases have tentatively agreed to the transfer of the ownership of AnHeart. Definitive documents are expected to be executed before the year end. Future minimum lease obligations for operating leases with initial terms in excess of one year at September 30, 2018 are as follows: Twelve months ended September 30, 2019 $ 907,716 2020 869,925 2021 872,716 2022 928,128 2023 999,710 Thereafter 24,052,253 Total $ 28,630,448 A subsidiary of the Company, RN Holding, leases a facility to a related party under an operating lease agreement expiring in 2019. The cost of the leased building is $400,000 at September 30, 2018 and December 31, 2017, and the accumulated depreciation of the leased building is $97,437 and $89,743 at September 30, 2018 and December 31, 2017, respectively. Rental income for the nine months ended September 30, 2018 and 2017 amounted to $34,200 and $34,200, and $11,400 and $11,400 for the three months ended September 30, 2018 and 2017, respectively. In 2017, a subsidiary of the Company, HG Realty, leased a warehouse to a related party under an operating lease agreement expiring on September 21, 2027. The cost of the leased building is $3,223,745 as at September 30, 2018 and December 31, 2017, and the accumulated depreciation of the leased building is $413,301 and $351,306 as at September 30, 2018 and December 31, 2017, respectively. Rental income for the nine months ended September 30, 2018 was $360,000. Rental income for the nine months ended September 30, 2017 was $240,000. The rental income recorded for the three months ended September 30, 2017 was $120,000.

TAXES

TAXES	9 Months Ended
	Sep. 30, 2018
Income Tax Disclosure [Abstract]
TAXES	NOTE 9 - TAXES A. Corporate Income Taxes (“CIT”) Prior to January 1, 2018, Han Feng, TT, MFD, Kirnsway, Chinesetg, NSF and BB had elected under the Internal Revenue Code to be S corporations. R&N Holdings, R&N Lexington and HG realty are formed as partnerships. An S corporation or partnership is considered a flow-through entity and is generally not subject to federal or state income tax on corporate level. In lieu of corporate income taxes, the stockholders and members of these entities are taxed on their proportionate share of the entities’ taxable income. Kirnland did not elect to be treated as S corporation and is the only entity that is subject to corporate income taxes under this report. Effective January 1, 2018, all of the above-listed S corporation and partnership entities have been converted to C corporations and will be taxed at corporate level going forward. Accordingly, the Company shall account for income taxes of all these entities under ASC 740. The Company has recognized the impact on deferred income tax assets and liabilities from the future conversion of the above-mentioned S corporations and partnership entities to C corporations in the consolidated financial statements as of December 31, 2017. On December 22, 2017, the U.S. enacted the Tax Cuts and Jobs Act (the “Act”), which significantly changed U.S. tax law. The Act lowered the Company’s U.S. statutory federal income tax rate from 35% to 21% effective January 1, 2018, while also imposing a deemed repatriation tax on deferred foreign income. The Act also created a new minimum tax on certain future foreign earnings. The Company expects the new federal income tax rate will significantly lower the Company’s income tax expenses going forward. The Company does not expect the repatriation tax and new minimum tax on certain future foreign earnings to have any impact on the Company’s operations since it currently has no foreign income and does not expect to generate any foreign income in the future. (i) The Income tax provision (benefit) of the Company for the nine and three months ended September 30, 2018 and 2017 consists of the following: For the Nine Months Ended September 30, 2018 September 30, 2017 Current: Federal $ 1,345,253 $ 403,676 State 365,822 75,047 Current income tax provision 1,711,075 478,723 Deferred: Federal (120,728 ) (3,806) State (48,140) 1,707 Deferred income tax benefit (168,868 ) (2,099) Total income tax provision $ 1,542,207 $ 476,624 For the three Months Ended September 30, 2018 September 30, 2017 Current: Federal $ 360,016 $ 403,676 State 124,118 75,047 Current income tax provision 484,134 478,723 Deferred: Federal 309,176 (8,221) State 46,837 (1,856) Deferred income tax provision (benefit) 356,013 (10,077) Total income tax provision $ 840,147 $ 468,646 (ii) Temporary differences and carryforwards of the Company that created significant deferred tax assets and liabilities are as follows: As of As of Deferred tax assets: Allowance for doubtful accounts $ 158,404 $ 139,947 Inventories 122,292 1,750 Section 481(a) adjustment 41,795 140,310 Other accrued expenses 671,395 237,550 Others 45,468 — Total deferred tax assets 1,039,354 519,557 Deferred tax liabilities: Property and equipment (1,306,698 ) (955,769 ) Total deferred tax liabilities (1,306,698 ) (955,769 ) Net deferred tax assets (liabilities) $ (267,344) $ (436,212 ) The above-disclosed deferred income assets and liabilities as of December 31, 2017 included deferred tax assets in the amount of $398,699 and deferred tax liabilities in the amount of $934,529 derived from the effect of future conversion of the above-mentioned S corporations and partnership entities to C corporations. (iii) Reconciliations of the statutory income tax rate to the effective income tax rate are as follows: For the Nine Months Ended September 30, 2018 September 30, 2017 Federal statutory tax rate 21.0 % 34.0 % State statutory tax rate 4.7 % 4.0 % U.S. permanent difference 1.2 % 0.2 % Others 2.1 % (0.5 )% Effect of flow-through entities — (31.2 )% Effective tax rate 29 % 6.5 % B. Pro forma Income Taxes information As mentioned before, prior to January 1, 2018, Han Feng, TT, MFD, Kirnsway, Chinesetg, NSF and BB have elected under the Internal Revenue Code to be S corporations. R&N Holdings, R&N Lexington, and HG realty are formed as partnerships. Starting January 1, 2018, all of the above-mentioned entities have been converted to C corporations and will be subject to regular corporate income tax rate going forward. The following pro forma financial information presents the income tax expenses and EPS for the nine months ended September 30, 2017, as if all of these S corporation and partnership entities had been converted to C corporations as of the beginning of each period presented: (i) The Pro forma Income tax provision of the Company for the nine and three months ended September30, 2017 consists of the following: For the Nine Months Ended September 30, 2017 For the Three Months Ended September 30, 2017 Current: Federal $ 2,479,849 $ 881,604 State 315,392 136,450 Current income tax provision 2,795,241 1,018,054 Deferred: Federal 40,358 12,832 State 8,837 976 Deferred income tax provision 49,195 13,808 Total income tax provision $ 2,844,436 $ 1,031,862 (ii) The Pro forma earnings per share: For the Nine Months ended September 30, 2017 For the Three Months ended September 30, 2017 (Unaudited) (Unaudited) Pro Forma Net Income $ 4,535,864 1,689,985 Less: net income (loss) attributable to noncontrolling interest 256,132 277,386 Pro Forma Net Income Attributable to HF Group Holding Corporation 4,279,732 1,412,599 Pro Forma Earnings per common share - basic and diluted $ 0.21 0.07 Pro Forma Weighted average shares - basic and diluted 19,969,831 19,969,831

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2018
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 10 – RELATED PARTY TRANSACTIONS The Company records transactions with various related parties. These related party transactions as of September 30, 2018 and December 31, 2017 and for the nine and three months ended September 30, 2018 and, 2017 are identified as follows: Related party balances: a. Accounts receivable - related parties, net Below is a summary of accounts receivable with related parties as of September 30, 2018 and December 31, 2017, respectively: Name of Related Party As of September 30, 2018 As of December 31, 2017 (a) Allstate Trading Company Inc. $ 8,908 $ 176,660 (b) Enson Seafood GA Inc. (formerly “GA-GW Seafood, Inc.”) 98,833 87,814 (c) Eagle Food Service LLC 344,188 656,799 (d) Fortune One Foods Inc. 144,831 154,904 (e) Eastern Fresh LLC 902,518 340,114 (f) New Marco Food Inc. — 170,129 (g) Enson Trading LLC 72,872 340,114 Total $ 1,572,100 $ 1,586,420 a. Mr. Zhou Min Ni, the Chairman and Chief Executive Officer of the Company, owns 40% equity interest of this entity; b. Mr. Zhou Min Ni owns 45% equity interest of this entity; c. Tina Ni, one of Mr. Zhou Min Ni’s family member owns 50% equity interest of this entity; d. Mr. Zhou Min Ni owns 17.5% equity interest of this entity; e. Mr. Zhou Min Ni owns 30% equity interest of this entity; f. Mr. Zhou Min Ni owns 30% equity interest of this entity. g. Mr. Zhou Min Ni owns 25% equity interest of Enson Trading LLC. All accounts receivable from these related parties are current and considered fully collectible. No allowance is deemed necessary. b. Advances to suppliers - related parties, net The Company periodically provides purchase advances to various vendors, including the related party suppliers. These advances are made in the normal course of business and are considered fully realizable. Below is a summary of advances to related party suppliers as of September 30, 2018 and December 31, 2017, respectively: Name of Related Party As of September 30, 2018 As of December 31, 2017 (1) Enson Seafood GA Inc. (formerly “GA-GW Seafood, Inc.”) $ — $ 2,978,161 (2) Ocean Pacific Seafood Group 247,724 145,888 (3) Han Feng Information Tech. Jinhua Inc. — 5,167 (4) NSG International Inc. (“NSG”) 65,092 119,093 (5) Revolution Industry LLC 362,077 — Total $ 674,893 $ 3,248,309 (1) Mr. Zhou Min Ni owns 45% equity interest of this entity. The large advances to Enson Seafood GA Inc. (“Enson Seafood”)made in 2017 was a result of the Company’s decision to take advantage of the large refrigerated facilities owned by Enson Seafood. The Company made these advances to Enson Seafood for the purchases of large quantities of frozen foods. Enson Seafood takes possession of these frozen goods until they are shipped based on the Company’s sales orders. The Company did not include these advanced purchases in its inventory since the title and risk of these goods remained with Enson Seafood; (2) Mr. Zhou Min Ni owns 25% equity interest of this entity; (3) Mr. Zhou Min Ni owns 37% of its equity interest; (4) Mr. Zhou Min Ni owns 30% of its equity interest; (5) Mr. Zhou Min Ni owns a 51% equity interest in Revolution Industry LLC. c. Long-term notes receivables - related parties The Company had previously made advances or loans to certain entities that are either owned by the controlling shareholders of the Company or family members of the controlling shareholders. As of September 30, 2018 and December 31, 2017, the outstanding loans to various related parties consist of the following: Name of Related Party As of September 30, 2018 As of December 31, 2017 Enson Seafood GA Inc. (formerly “GA-GW Seafood, Inc.”) $ 1,848,524 $ 550,000 NSG International Inc. (“NSG”) 6,218,310 5,993,552 Eastern Fresh LLC (“Eastern”) — 316,504 Revolution Automotive LLC (“Revolution Automotive”) 465,532 — Total $ 8,532,366 $ 6,860,056 Less: Current portion $ 38,049 $ — Total $ 8,494,317 $ 6,860,056 On January 1, 2018, the Company signed a promissory note agreement with Enson Seafood. Pursuant to the promissory note agreement, the outstanding balances of $550,000 due from Enson Seafood as of December 31, 2017 was converted into promissory notes bearing annual interest of 5%. The interest shall be accrued starting January 1, 2018. The principal plus interest shall be paid off no later than December 31, 2019. Interest is computed on the outstanding balance on the basis of the actual number of days elapsed in a year of 360 days. On September 30, 2018, the Company signed a promissory note agreement with Enson Seafood for $2,000,000. Pursuant to the promissory note agreement, Enson Seafood will make monthly payment of $171,214.96 for 12 months, including interest. The loan bears interested of 5% per annum on the unpaid balance, compounded monthly. The principal plus interest shall be paid off no later than September 30, 2019, with an option to renew. On January 1, 2018, the Company signed a promissory note agreement with NSG. Pursuant to the promissory note agreement, the outstanding balances of $5,993,552 due from NSG as of December 31, 2017 was converted into promissory notes bearing annual interest of 5%. The interest shall be accrued starting January 1, 2018. The principal plus interest shall be paid off no later than December 31, 2019. Interest is computed on the outstanding balance on the basis of the actual number of days elapsed in a year of 360 days. The promissory note with Eastern in the original amount of $1,000,000 was signed on May 31, 2017 bearing annual interest rate of 5%. This note has been repaid in full. On March 1, 2018, the Company signed promissory note agreement with Revolution Automotive for $483,628. Pursuant to the promissory note agreement, Revolution Automotive will make monthly payment of $5,000 for 60 months, including interest, with final payment of $284,453. The loan bears interest of 5% per annum. Interest is computed on the outstanding balance on the basis of the actual number of days elapsed in a year of 360 days. The principal plus interest shall be paid off no later than April 30, 2023. d. Accounts payable - related parties As of September 30, 2018 and December 31, 2017, the Company had a total accounts payable balance of $3,147,470 and $ 4,075,927 due to various related parties, respectively. All these accounts payable to related parties occurred in the ordinary course of business and are payable upon demand without interest. e. Advance from customers - related parties The Company also periodically receives advances from its related parties for business purposes. These advances are interest free and due upon demand. The balances for advance from customers involving related parties amounted to $349,721 and $1,350,296 as of September 30, 2018 and December 31, 2017, respectively. Related party sales and purchases transactions: The Company also makes regular sales to or purchases from various related parties during the normal course of business. The total sales made to related parties amounted to $13,364,070 and $14,107,311 for the nine months ended September 30, 2018 and 2017, and $4,427,639 and $3,230,646 for the three months ended September 30, 2018 and 2017 respectively. The total purchases made from related parties were $26,882,395 and $25,527,242 for the nine months ended September 30, 2018 and 2017, and $13,871,903 and $12,807,218 for the three months ended September 30, 2018 and 2017, respectively.

SEGMENT REPORTING

SEGMENT REPORTING	9 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
SEGMENT REPORTING	NOTE 11 - SEGMENT REPORTING ASC 280, “Segment Reporting,” establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for details on the Company’s business segments. The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. Management, including the chief operating decision maker, reviews operation results by the revenue of different products. Based on management’s assessment, the Company has determined that it has two operating segments: sales to independent restaurants and wholesale. The following table presents net sales by segment for the nine and three months ended September 30, 2018 and 2017, respectively: For the Nine Months Ended September 30, 2018 September 30, 2017 Sales to independent restaurants $ 203,272,084 $ 208,530,756 Wholesale 13,960,000 17,206,281 Total $ 217,232,084 $ 225,737,037 For the Three Months Ended September 30, 2018 September 30, 2017 Sales to independent restaurants $ 65,755,748 $ 70,939,519 Wholesale 4,608,053 4,656,357 Total $ 70,363,798 $ 75,595,876 All the Company’s revenue was generated from its business operation in the U.S. For the Nine Months Ended September 30, 2018 Sales to independent restaurants Wholesale Total Revenue $ 203,272,084 $ 13,960,000 $ 217,232,084 Cost of revenue 167,388,910 13,052,688 180,441,598 Gross profit $ 35,883,174 $ 907,312 $ 36,790,486 Depreciation and amortization $ 1,477,627 $ 101,478 $ 1,579,105 Total capital expenditures $ 2,053,203 $ 141,007 $ 2,194,210 For the Nine Months Ended September 30, 2017 Sales to independent restaurants Wholesale Total Revenue $ 208,530,756 $ 17,206,281 $ 225,737,037 Cost of revenue 177,468,565 16,676,757 194,145,322 Gross profit $ 31,062,191 $ 529,524 $ 31,591,715 Depreciation and amortization $ 1,279,312 $ 105,559 $ 1,384,871 Total capital expenditures $ 1,939,300 $ 176,887 $ 2,116,187 For the Three Months Ended September 30, 2018 Sales to independent restaurants Wholesale Total Revenue $ 65,755,745 $ 4,608,053 $ 70,363,798 Cost of revenue 53,488,702 4,312,409 57,801,111 Gross profit $ 12,267,043 $ 295,644 $ 12,562,687 Depreciation and amortization $ 502,293 $ 35,150 $ 537,443 Total capital expenditures $ 115,593 $ 9,237 $ 124,830 For the Three Months Ended September 30, 2017 Sales to independent restaurants Wholesale Total Revenue $ 70,939,519 $ 4,656,357 $ 75,595,876 Cost of revenue 59,987,884 4,479,565 64,467,449 Gross profit $ 10,951,635 $ 176,792 $ 11,128,427 Depreciation and amortization $ 445,959 $ 29,547 $ 475,506 Total capital expenditures $ — $ — $ — As of As of Total assets: Sales to independent restaurants $ 78,377,247 $ 75,180,924 Wholesale 5,382,669 5,476,976 Total Assets $ 83,759,916 $ 80,657,900

CONTINGENCY

CONTINGENCY	9 Months Ended
	Sep. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCY	NOTE 12 – CONTINGENCY Kirnland Food Distribution, Inc., a subsidiary of the Company, is currently under an inquiry by the United States Department of Labor, Wage and Hour Division, Atlanta Regional Office, concerning wage practices and record keeping during the years 2013 through 2016 and continuing through the present time. As of the date of these financial statements, that inquiry remains open and the company has received no final notice of findings or definitive assessment. On July 3, 2018, the Department of Labor has indicated a preliminary determination in its inquiry, and has estimated that in its preliminary analysis the potential back wages, liquidated damages and related costs would be approximately $2.5 million for the period from 2013 through current time, although the final amount has not yet been determined and could differ from the estimate. The $2.5 million has been accrued in distribution, selling and administrative expenses in the unaudited condensed consolidated financial statements for the nine months ended September 30, 2018. The Company believes that it has resolved the past issues raised by the Department of Labor, and also plans on providing the Department of Labor with its actions taken to address the issues raised currently and on an ongoing basis.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2018
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 13 – SUBSEQUENT EVENTS The Company’s management reviewed all material events that have occurred after the balance sheet date through the date which these financial statements were issued. Based upon this review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the financial statements.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The Company’s unaudited condensed consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The unaudited condensed consolidated financial statements include the financial statements of HF Foods and its subsidiaries. All material intercompany accounts and transactions have been eliminated in consolidation. The unaudited interim condensed consolidated financial information as of September 30, 2018 and for the three and nine months ended September 30, 2018 and 2017 have been prepared, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures, which are normally included in the annual financial statements prepared in accordance with U.S. GAAP, may have been omitted pursuant to those rules and regulations. The unaudited interim condensed consolidated financial information should be read in conjunction with the audited consolidated financial statements and the notes thereto for the fiscal years ended December 31, 2017 and 2016. In the opinion of management, all adjustments (which include normal recurring adjustments) necessary to present a fair presentation of the Company’s financial position as of September 30, 2018, its results of operations and its cash flows for the nine months ended September 30, 2018 and 2017, as applicable, have been made. The unaudited interim results of operations are not necessarily indicative of the operating results for the full fiscal year or any future periods.
Noncontrolling interests	Noncontrolling interests U.S. GAAP requires that noncontrolling interests in subsidiaries and affiliates be reported in the equity section of a company’s balance sheet. In addition, the amounts attributable to the net income (loss) of those subsidiaries are reported separately in the consolidated statements of income.
Uses of estimates	Uses of estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during each reporting period. Actual results could differ from those estimates. Significant accounting estimates reflected in the Company’s consolidated financial statements include the allowances for doubtful accounts, estimated useful lives and fair value in connection with the impairment of property and equipment.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments purchased with a maturity of three or fewer months to be cash equivalents. As of September 30, 2018 and December 31, 2017, the Company had no cash equivalents.
Accounts Receivable	Accounts Receivable Accounts receivable represent amounts due from customers in the ordinary course of business and are recorded at the invoiced amount and do not bear interest. Receivables are presented net of the allowance for doubtful accounts in the accompanying unaudited condensed consolidated balance sheets. The Company evaluates the collectability of its accounts receivable and determines the appropriate allowance for doubtful accounts based on a combination of factors. When the Company is aware of a customer’s inability to meet its financial obligation, a specific allowance for doubtful accounts is recorded, reducing the receivable to the net amount the Company reasonably expects to collect. In addition, allowances are recorded for all other receivables based on historic collection trends, write-offs and the aging of receivables. The Company uses specific criteria to determine uncollectible receivables to be written off, including bankruptcy, accounts referred to outside parties for collection, and accounts past due over specified periods. As of September 30, 2018 and December 31, 2017, the allowances for doubtful accounts were $629,339 and $567,108, respectively.
Inventories	Inventories The Company’s inventories, consisting mainly of food and other food service-related products, are primarily considered as finished goods. Inventory costs, including the purchase price of the product and freight charges to deliver it to the Company’s warehouses, are net of certain cash or non-cash consideration received from vendors. The Company assesses the need for valuation allowances for slow-moving, excess and obsolete inventories by estimating the net recoverable value of such goods based upon inventory category, inventory age, specifically identified items, and overall economic conditions. Inventories are stated at the lower of cost or net realizable value using the first-in, first-out (FIFO) method.
Property and Equipment	Property and Equipment Property and equipment are stated at cost, less accumulated depreciation and amortization. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets. Following are the estimated useful lives of the Company’s property and equipment: Estimated useful lives Buildings and improvements 7-39 years Machinery and equipment 3-7 years Motor vehicles 5 years Repair and maintenance costs are charged to expense as incurred, whereas the cost of renewals and betterment that extends the useful lives of property, plant and equipment are capitalized as additions to the related assets. Retirements, sales and disposals of assets are recorded by removing the cost and accumulated depreciation from the asset and accumulated depreciation accounts with any resulting gain or loss reflected in the consolidated statements of income in other income or expenses.
Impairment of Long-lived Assets	Impairment of Long-lived Assets The Company assesses its long-lived assets such as property and equipment for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Factors which may indicate potential impairment include a significant underperformance related to the historical or projected future operating results or a significant negative industry or economic trend. Recoverability of these assets is measured by comparison of their carrying amounts to future undiscounted cash flows the assets are expected to generate. If property and equipment are considered to be impaired, the impairment to be recognized equals the amount by which the carrying value of the assets exceeds their fair value. The Company did not record any impairment loss on its long-lived assets as of September 30, 2018 and December 31, 2017.
Revenue recognition	Revenue recognition The Company recognizes revenue from the sale of products when title and risk of loss passes and the customer accepts the goods, which generally occurs at delivery. Sales taxes invoiced to customers and remitted to government authorities are excluded from net sales. On January 1, 2018 the Company adopted Accounting Standards Update (“ASU”) 2014-09 Revenue from Contracts with Customers (FASB ASC Topic 606) using the modified retrospective method for contracts that were not completed as of January 1, 2018. The results of applying Topic 606 using the modified retrospective approach were insignificant and did not have a material impact on our consolidated financial condition, results of operations, cash flows, business process, controls or systems. The core principle underlying the revenue recognition ASU is that the Company will recognize revenue to represent the transfer of goods and services to customers in an amount that reflects the consideration to which the Company expects to be entitled in such exchange. This will require the Company to identify contractual performance obligations and determine whether revenue should be recognized at a point in time or over time, based on when control of goods and services transfers to a customer. The majority of our contracts have one single performance obligation as the promise to transfer the individual goods is not separately identifiable from other promises in the contracts and is, therefore, not distinct. The Company’s revenue streams are recognized at a point in time. The contract assets and contract liabilities are recorded on the Condensed Consolidated Balance Sheet as accounts receivable and advance payment from customers as of September 30, 2018 and December 31, 2017. For the nine and three months ended September 30, 2018, revenue recognized from performance obligations related to prior periods was insignificant. Revenue expected to be recognized in any future periods related to remaining performance obligations is insignificant. The following table summarizes disaggregated revenue from contracts with customers by geographic locations: For the Three Months Ended September 30, September 30, North Carolina $ 33,693,973 $ 36,374,614 Florida 21,156,747 22,221,066 Georgia 15,513,077 17,000,196 Total $ 70,363,798 $ 75,595,876 For the Nine Months Ended September 30, September 30, North Carolina $ 103,262,880 $ 108,846,810 Florida 66,282,082 65,584,564 Georgia 47,687,122 51,305,663 Total $ 217,232,084 $ 225,737,037
Shipping and handling costs	Shipping and handling costs Shipping and handling costs, which include costs related to the selection of products and their delivery to customers, are presented in distribution, selling and administrative expenses. Shipping and handling costs were $3,615,470, and $3,225,523 for the nine months ended September 30, 2018 and 2017, and $791,016 and $545,130 for the three months ended September 30, 2018 and 2017, respectively.
Income taxes	Income taxes The Company accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, the Company determines deferred tax assets and liabilities on the basis of the differences between the financial statement and tax bases of assets and liabilities by using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. The Company recognizes deferred tax assets to the extent that it believes that these assets are more likely than not to be realized. In making such a determination, the Company considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations. If the Company determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. The Company records uncertain tax positions in accordance with ASC 740 on the basis of a two-step process in which (1) the Company determines whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position and (2) for those tax positions that meet the more-likely-than-not recognition threshold, the Company recognizes the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. The Company does not believe that there was any uncertain tax positions at September 30, 2018 and December 31, 2017.
Capital lease obligations	Capital lease obligations The Company has recorded capital lease obligations for equipment leases at both September 30, 2018 and December 31, 2017. In each case, the Company records the equipment as its own assets under lease accounting guidance. Further, each lease contains provisions indicating continuing involvement with the equipment at the end of the lease period. As a result, in accordance with applicable accounting guidance, related assets subject to the leases are reflected on the Company’s unaudited condensed consolidated balance sheets and depreciated over the lesser of the lease term or their remaining useful lives. The present value of the lease payments associated with the equipment is recorded as capital lease obligations.
Earnings per Share	Earnings per Share The Company computes earnings per share (“EPS”) in accordance with ASC 260, “Earnings per Share” (“ASC 260”). ASC 260 requires companies with complex capital structures to present basic and diluted EPS. Basic EPS is measured as net income divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. There is no anti-dilutive effect for the nine months ended September 30, 2018 and 2017.
Fair value of financial instruments	Fair value of financial instruments The Company follows the provisions of FASB ASC 820, Fair Value Measurements and Disclosures. ASC 820 clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows: Level 1 - Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. Level 2 - Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. Level 3 - Inputs are unobservable inputs which reflect the reporting entity’s own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information. The carrying amounts reported in the balance sheets for cash, accounts receivable, advances to suppliers, other current assets, accounts payable, income tax payable, advance from customers, accrued and other liabilities approximate their fair value based on the short-term maturity of these instruments.
Concentrations and credit risk	Concentrations and credit risk Credit risk Accounts receivable are typically unsecured and derived from revenue earned from customers, thereby exposed to credit risk. The risk is mitigated by the Company’s assessment of its customers’ creditworthiness and its ongoing monitoring of outstanding balances. Concentration risk There were no receivables from any one customer representing more than 10% of the Company’s consolidated gross accounts receivable at September 30, 2018 and December 31, 2017. For the nine and three months ended September 30, 2018 and September 30, 2017, no supplier accounted for more than 10% of the total cost of revenue. As of September 30, 2018, one supplier accounted for 63% of total third party advance payments. One related party supplier accounted for 92% of advance payments to related parties. As of December 31, 2017, one supplier accounted for 69% of total advance payments outstanding and this supplier accounted for 92% of advance payments to related parties.
Recent accounting pronouncements	Recent accounting pronouncements In February 2016, the FASB issued ASU No. 2016-02, “Leases” to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet with a corresponding liability and disclosing key information about leasing arrangements. For public business entities, the amendments in this ASU are effective for fiscal years beginning after December 15, 2018, including interim reporting periods within those fiscal years. For all other entities, the amendments in this ASU are effective for fiscal years beginning after December 15, 2019, and interim reporting periods within fiscal years beginning after December 15, 2020. Early adoption is permitted. The Company is evaluating the impact of the adoption of this revised guidance on its consolidated financial statements. In October 2016, the FASB issued ASU No. 2016-17, “Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control”. The amendments affect reporting entities that are required to evaluate whether they should consolidate a variable interest entity in certain situations involving entities under common control. Specifically, the amendments change the evaluation of whether a reporting entity is the primary beneficiary of a variable interest entity by changing how a reporting entity that is a single decision maker of a variable interest entity treats indirect interests in the entity held through related parties that are under common control with the reporting entity. The amendments are effective for public business entities for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2016, and interim reporting periods within fiscal years beginning after December 15, 2017. Early adoption is permitted. The Company does not expect that adoption of this guidance will have a material impact on its consolidated financial statements and related disclosures. In November 2016, the FASB issued ASU No. 2016-18, “Statement of Cash Flows (Topic 230): Restricted Cash”, which requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments in this ASU apply to all entities that have restricted cash or restricted cash equivalents and are required to present a statement of cash flows under Topic 230. The amendments are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2018, and interim periods within fiscal years beginning after December 15, 2019. Early adoption is permitted. The amendments should be applied using a retrospective transition method to each period presented. The adoption of this guidance will increase cash and cash equivalents by the amount of the restricted cash on the Company’s consolidated statement of cash flows. In July 2017, the FASB issued ASU No. 2017-11, Earnings Per Share (Topic 260), Distinguishing Liabilities from Equity (Topic 480), and Derivatives and Hedging (Topic 815). The guidance of Part I is to clarify accounting for certain financial instruments with down round feature in a financial instrument that reduces the strike price of an issued financial instrument if the issuer sells shares of its stock for an amount less than the currently stated strike price of the issued financial instrument or issues an equity-linked financial instrument with a strike price below the currently stated strike price of the issued financial instrument. For freestanding equity classified financial instruments, the amendments require entities that present earnings per share (EPS) in accordance with Topic 260 to recognize the effect of the down round feature when it is triggered. That effect is treated as a dividend and as a reduction of income available to common shareholders in basic EPS. Convertible instruments with embedded conversion options that have down round features are now subject to the specialized guidance for contingent beneficial conversion features. The amendments also re-characterize the indefinite deferral of certain provisions of Topic 480 that now are presented as pending content in the Codification, to a scope exception. Those amendments do not have an accounting effect. The amendments in Part I of ASU No. 2017-11 are effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted for all entities, including adoption in an interim period. The amendments in Part II of this Update do not require any transition guidance because those amendments do not have an accounting effect. The Company has not early adopted this update and it will become effective on July 1, 2020. The Company is currently evaluating the impact of its pending adoption of ASU 2017-11 on its consolidated financial statements. In February 2018, the FASB issued ASU No. 2018-02, “Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income”. The amendments eliminate the stranded tax effects resulting from the United States Tax Cuts and Jobs Act (the “Act”) and will improve the usefulness of information reported to financial statement users. ASU No. 2018-02 is effective for all entities for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. The Company has not early adopted this update and it will become effective on July 1, 2019. The Company does not expect that the adoption of this guidance will have a material impact on its consolidated financial statements.

ORGANIZATION AND BUSINESS DES_2

ORGANIZATION AND BUSINESS DESCRIPTION (Tables)	9 Months Ended
	Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of entities under HF Group	The following table summarizes the entities under HF Group after the above-mentioned reorganization: Name Date of Place of Percentage of legal Principal activities Parent: HF Holding October 11, 2017 North Carolina, USA — Holding Company Subsidiaries: Han Feng January 14, 1997 North Carolina, USA 100% Distributing food and related products TT August 6, 2002 North Carolina, USA 100% Trucking service MFD April 15, 1999 North Carolina, USA 100% Trucking service R&N Holdings November 21, 2002 North Carolina, USA 100% Real estate holding R&N Lexington May 27, 2010 North Carolina, USA 100% Real estate holding Kirnsway May 24, 2006 North Carolina, USA 100% Design and printing services Chinesetg July 12, 2011 North Carolina, USA 100% Design and printing services NSF December 17, 2008 Florida, USA 100% Distributing food and related products BB September 12, 2001 Florida, USA 100% Trucking service Kirnland April 11, 2006 Georgia, USA 66.7% Distributing food and related products HG Realty May 11, 2012 Georgia, USA 100% Real estate holding

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Schedule of estimated useful lives of the property and equipment	Following are the estimated useful lives of the Company’s property and equipment: Estimated useful lives Buildings and improvements 7-39 years Machinery and equipment 3-7 years Motor vehicles 5 years
Schedule of disaggregated revenue	The following table summarizes disaggregated revenue from contracts with customers by geographic locations: For the Three Months Ended September 30, September 30, North Carolina $ 33,693,973 $ 36,374,614 Florida 21,156,747 22,221,066 Georgia 15,513,077 17,000,196 Total $ 70,363,798 $ 75,595,876 For the Nine Months Ended September 30, September 30, North Carolina $ 103,262,880 $ 108,846,810 Florida 66,282,082 65,584,564 Georgia 47,687,122 51,305,663 Total $ 217,232,084 $ 225,737,037

ACCOUNTS RECEIVABLE, NET (Table

ACCOUNTS RECEIVABLE, NET (Tables)	9 Months Ended
	Sep. 30, 2018
Receivables [Abstract]
Schedule of accounts receivable	Accounts receivable consisted of the following: As of As of Accounts receivable $ 13,466,021 $ 15,267,962 Less: allowance for doubtful accounts (629,339 ) (567,108 ) Accounts receivable, net $ 12,836,682 $ 14,700,854
Schedule of allowance for doubtful accounts	Movement of allowance for doubtful accounts is as follows: For the Nine Months Ended September 30, 2018 September 30, 2017 Beginning balance $ 567,108 $ 670,280 Provision for doubtful accounts 89,019 55,268 Less: write off/recovery (26,788 ) (23,948 ) Ending balance $ 629,339 $ 701,600

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	9 Months Ended
	Sep. 30, 2018
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	Property and equipment, net consisted of the following: As of As of Land $ 1,608,647 $ 1,608,647 Buildings and improvements 18,784,628 18,589,496 Machinery and equipment 9,934,252 9,430,221 Motor vehicles 9,611,873 8,288,868 Subtotal 39,939,400 37,917,232 Less: accumulated depreciation (17,614,827 ) (16,207,765 ) Property and equipment, net $ 22,324,573 $ 21,709,467

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Schedule of long-term debt	Long-term debt at September 30, 2018 and December 31, 2017 is as follows: Bank name Maturity Interest rate at December 31, 2017 As of As of East West Bank – (b) June 2022 - August 2027 4.25% - 4.75 % $ $ 5,095,693 $ 5,220,809 Capital Bank – (c) October 2027 3.85 % 5,199,680 5,333,677 Bank of America – (d) February 2023 4.2095 % 1,689,248 2,262,500 Bank of Montreal – (a) April 2022 - June 2023 5.99% - 6.87 % 2,278,756 1,071,398 GE Capital – (a) October 2019 5.94 % — 36,359 Other finance companies – (e) September 2018 - December 2023 3.99% - 6.69 % 457,745 1,696,961 Total debt 14,721,122 15,621,704 Less: current portion (1,339,548 ) (1,372,125 ) Long-term debt $ 13,381,574 $ 14,249,579 The terms of the various loan agreements related to long-term bank borrowings contain certain restrictive financial covenants which, among other things, require the Company to maintain specified levels of debt to tangible net worth and debt service coverage. As of September 30, 2018 and December 31, 2017, the Company was in compliance with such covenants. The loans outstanding were guaranteed by the following properties, entities or individuals: (a) Not collateralized or guaranteed. (b) Guaranteed by two shareholders of the Company, as well as five subsidiaries of the Company, Han Feng, TT, MFD, R&N Holding and R&N Lexington. Also secured by assets of Han Feng and R&N Lexington and R&N Holding, two real properties of R&N Holding, and a real property of R&N Lexington. Balloon payment of these long-term debts is $3,642,215. (c) Guaranteed by two shareholders, as well as Han Feng, one subsidiary of the Company. Also secured by a real property owned by HG Realty. Balloon payment of this debt is $3,116,687. (d) Guaranteed by two shareholders, as well as two subsidiaries of the Company, NSF and BB. Secured by a real property, equipment and fixtures, inventories, receivables and all other personal property owned by NSF. Balloon payment of this long-term debt is $1,684,898. (e) Secured by vehicles.
Schedule of future maturities of long-term debt	The future maturities of long-term debt at September 30,2018 are as follows: Twelve months ending September 2019 $ 1,339,548 2020 1,210,870 2021 952,844 2022 839,745 2023 724,014 Thereafter 9,654,102 Total $ 14,721,122

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2018
Leases [Abstract]
Schedule of Capital lease obligations	Capital lease obligations consisted of the following: As of September 30, As of December 31, Vehicles due in monthly installments of $40,470 inclusive of interest at 14.38%, due in March 2019 $ 232,901 $ 552,538 Less: current portion (232,901 ) (434,003 ) Obligations under capitalized leases payable after one year $ — $ 118,535
Schedule of future minimum lease obligations for operating leases	Future minimum lease obligations for operating leases with initial terms in excess of one year at September 30, 2018 are as follows: Twelve months ended September 30, 2019 $ 907,716 2020 869,925 2021 872,716 2022 928,128 2023 999,710 Thereafter 24,052,253 Total $ 28,630,448

TAXES (Tables)

TAXES (Tables)	9 Months Ended
	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Schedule of income tax provision (benefit)	(i) The Income tax provision (benefit) of the Company for the nine and three months ended September 30, 2018 and 2017 consists of the following: For the Nine Months Ended September 30, 2018 September 30, 2017 Current: Federal $ 1,345,253 $ 403,676 State 365,822 75,047 Current income tax provision 1,711,075 478,723 Deferred: Federal (120,728 ) (3,806) State (48,140) 1,707 Deferred income tax benefit (168,868 ) (2,099) Total income tax provision $ 1,542,207 $ 476,624 For the three Months Ended September 30, 2018 September 30, 2017 Current: Federal $ 360,016 $ 403,676 State 124,118 75,047 Current income tax provision 484,134 478,723 Deferred: Federal 309,176 (8,221) State 46,837 (1,856) Deferred income tax provision (benefit) 356,013 (10,077) Total income tax provision $ 840,147 $ 468,646
Schedule of significant deferred tax assets and liabilities	(ii) Temporary differences and carryforwards of the Company that created significant deferred tax assets and liabilities are as follows: As of As of Deferred tax assets: Allowance for doubtful accounts $ 158,404 $ 139,947 Inventories 122,292 1,750 Section 481(a) adjustment 41,795 140,310 Other accrued expenses 671,395 237,550 Others 45,468 — Total deferred tax assets 1,039,354 519,557 Deferred tax liabilities: Property and equipment (1,306,698 ) (955,769 ) Total deferred tax liabilities (1,306,698 ) (955,769 ) Net deferred tax assets (liabilities) $ (267,344 ) $ (436,212 )
Schedule of effective income tax rate	(iii) Reconciliations of the statutory income tax rate to the effective income tax rate are as follows: For the Nine Months Ended September 30, 2018 September 30, 2017 Federal statutory tax rate 21.0 % 34.0 % State statutory tax rate 4.7 % 4.0 % U.S. permanent difference 1.2 % 0.2 % Others 2.1 % (0.5 )% Effect of flow-through entities — (31.2 )% Effective tax rate 29 % 6.5 %
Schedule of pro forma Income tax provision	(i) The Pro forma Income tax provision of the Company for the nine and three months ended September 30, 2017 consists of the following: For the Nine Months Ended September 30, 2017 For the Three Months Ended September 30, 2017 Current: Federal $ 2,479,849 $ 881,604 State 315,392 136,450 Current income tax provision 2,795,241 1,018,054 Deferred: Federal 40,358 12,832 State 8,837 976 Deferred income tax provision 49,195 13,808 Total income tax provision $ 2,844,436 $ 1,031,862
Schedule of Pro forma earnings per share	(ii) The Pro forma earnings per share: For the Nine Months For the Three Months (Unaudited) (Unaudited) Pro Forma Net Income $ 4,535,864 1,689,985 Less: net income (loss) attributable to noncontrolling interest 256,132 277,386 Pro Forma Net Income Attributable to HF Group Holding Corporation 4,279,732 1,412,599 Pro Forma Earnings per common share - basic and diluted $ 0.21 0.07 Pro Forma Weighted average shares - basic and diluted 19,969,831 19,969,831

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	9 Months Ended
	Sep. 30, 2018
Related Party Transactions [Abstract]
Schedule of accounts receivable with related parties	Below is a summary of accounts receivable with related parties as of September 30, 2018 and December 31, 2017, respectively: Name of Related Party As of September As of December (a) Allstate Trading Company Inc. $ 8,908 $ 176,660 (b) Enson Seafood GA Inc. (formerly “GA-GW Seafood, Inc.”) 98,833 87,814 (c) Eagle Food Service LLC 344,188 656,799 (d) Fortune One Foods Inc. 144,831 154,904 (e) Eastern Fresh LLC 902,518 340,114 (f) New Marco Food Inc. — 170,129 (g) Enson Trading LLC 72,872 340,114 Total $ 1,572,100 $ 1,586,420 a. Mr. Zhoumin Ni, the Chairman and Chief Executive Officer of the Company, owns 40% equity interest of this entity; b. Mr. Zhou Min Ni owns 45% equity interest of this entity; c. Tina Ni, one of Mr. Zhou Min Ni’s family member owns 50% equity interest of this entity; d. Mr. Zhou Min Ni owns 17.5% equity interest of this entity; e. Mr. Zhou Min Ni owns 30% equity interest of this entity; f. Mr. Zhou Min Ni owns 30% equity interest of this entity. g. Mr. Zhou Min Ni owns 25% equity interest of Enson Trading LLC.
Schedule of advances to related party suppliers	Below is a summary of advances to related party suppliers as of September 30, 2018 and December 31, 2017, respectively: Name of Related Party As of September 30, 2018 As of December 31, 2017 (1) Enson Seafood GA Inc. (formerly “GA-GW Seafood, Inc.”) $ — $ 2,978,161 (2) Ocean Pacific Seafood Group 247,724 145,888 (3) Han Feng Information Tech. Jinhua Inc. — 5,167 (4) NSG International Inc. (“NSG”) 65,092 119,093 (5) Revolution Industry LLC 362,077 — Total $ 674,893 $ 3,248,309 (1) Mr. Zhou Min Ni owns 45% equity interest of this entity. The large advances to Enson Seafood GA Inc. (‘‘Enson Seafood”)made in 2017 was a result of the Company’s decision to take advantage of the large refrigerated facilities owned by Enson Seafood. The Company made these advances to Enson Seafood for the purchases of large quantities of frozen foods. Enson Seafood takes possession of these frozen goods until they are shipped based on the Company’s sales orders. The Company did not include these advanced purchases in its inventory since the title and risk of these goods remained with Enson Seafood; (2) Mr. Zhou Min Ni owns 25% equity interest of this entity; (3) Mr. Zhou Min Ni owns 37% of its equity interest; (4) Mr. Zhou Min Ni owns 30% of its equity interest; (5) Mr. Zhou Min Ni owns a 51% equity interest in Revolution Industry LLC.
Schedule of outstanding loans to various related parties	As of September 30, 2018 and December 31, 2017, the outstanding loans to various related parties consist of the following: Name of Related Party As of September 30, 2018 As of December 31, 2017 Enson Seafood GA Inc. (formerly “GA-GW Seafood, Inc.”) $ 1,848,524 $ 550,000 NSG International Inc. (“NSG”) 6,218,310 5,993,552 Eastern Fresh LLC (“Eastern”) — 316,504 Revolution Automotive LLC (“Revolution Automotive”) 465,532 — Total $ 8,532,366 $ 6,860,056 Less: Current portion $ 38,049 $ — Total $ 8,494,317 $ 6,860,056

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	9 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
Schedule of net sales by segment	The following table presents net sales by segment for the nine and three months ended September 30, 2018 and 2017, respectively: For the Nine Months Ended September 30, 2018 September 30, 2017 Sales to independent restaurants $ 203,272,084 $ 208,530,756 Wholesale 13,960,000 17,206,281 Total $ 217,232,084 $ 225,737,037 For the Three Months Ended September 30, 2018 September 30, 2017 Sales to independent restaurants $ 65,755,748 $ 70,939,519 Wholesale 4,608,053 4,656,357 Total $ 70,363,798 $ 75,595,876
Schedule of revenue and assets generated from business in U.S.	All the Company’s revenue was generated from its business operation in the U.S. For the Nine Months Ended September 30, 2018 Sales to independent restaurants Wholesale Total Revenue $ 203,272,084 $ 13,960,000 $ 217,232,084 Cost of revenue 167,388,910 13,052,688 180,441,598 Gross profit $ 35,883,174 $ 907,312 $ 36,790,486 Depreciation and amortization $ 1,477,627 $ 101,478 $ 1,579,105 Total capital expenditures $ 2,053,203 $ 141,007 $ 2,194,210 For the Nine Months Ended September 30, 2017 Sales to independent restaurants Wholesale Total Revenue $ 208,530,756 $ 17,206,281 $ 225,737,037 Cost of revenue 177,468,565 16,676,757 194,145,322 Gross profit $ 31,062,191 $ 529,524 $ 31,591,715 Depreciation and amortization $ 1,279,312 $ 105,559 $ 1,384,871 Total capital expenditures $ 1,939,300 $ 176,887 $ 2,116,187 For the Three Months Ended September 30, 2018 Sales to independent restaurants Wholesale Total Revenue $ 65,755,745 $ 4,608,053 $ 70,363,798 Cost of revenue 53,488,702 4,312,409 57,801,111 Gross profit $ 12,267,043 $ 295,644 $ 12,562,687 Depreciation and amortization $ 502,293 $ 35,150 $ 537,443 Total capital expenditures $ 115,593 $ 9,237 $ 124,830 For the Three Months Ended September 30, 2017 Sales to independent restaurants Wholesale Total Revenue $ 70,939,519 $ 4,656,357 $ 75,595,876 Cost of revenue 59,987,884 4,479,565 64,467,449 Gross profit $ 10,951,635 $ 176,792 $ 11,128,427 Depreciation and amortization $ 445,959 $ 29,547 $ 475,506 Total capital expenditures $ — $ — $ — As of As of Total assets: Sales to independent restaurants $ 78,377,247 $ 75,180,924 Wholesale 5,382,669 5,476,976 Total Assets $ 83,759,916 $ 80,657,900

ORGANIZATION AND BUSINESS DES_3

ORGANIZATION AND BUSINESS DESCRIPTION (Details)	9 Months Ended
	Sep. 30, 2018
HF Holding [Member]
Date of incorporation	Oct. 11, 2017
Place of incorporation	North Carolina, USA
Percentage of legal ownership by HF Holding
Principal activities	Holding Company
Han Feng, Inc. ("Han Feng") [Member]
Date of incorporation	Jan. 14, 1997
Place of incorporation	North Carolina, USA
Percentage of legal ownership by HF Holding	100.00%
Principal activities	Distributing food and related products
Truse Trucking, Inc. ("TT") [Member]
Date of incorporation	Aug. 6, 2002
Place of incorporation	North Carolina, USA
Percentage of legal ownership by HF Holding	100.00%
Principal activities	Trucking service
Morning First Delivery ("MFD") [Member]
Date of incorporation	Apr. 15, 1999
Place of incorporation	North Carolina, USA
Percentage of legal ownership by HF Holding	100.00%
Principal activities	Trucking service
R&N Holdings, LLC ("R&N Holdings") [Member]
Date of incorporation	Nov. 21, 2002
Place of incorporation	North Carolina, USA
Percentage of legal ownership by HF Holding	100.00%
Principal activities	Real estate holding
R&N Lexington, LLC ("R&N Lexington") [Member]
Date of incorporation	May 27, 2010
Place of incorporation	North Carolina, USA
Percentage of legal ownership by HF Holding	100.00%
Principal activities	Real estate holding
Kirnsway Manufacturing Inc. ("Kirnsway") [Member]
Date of incorporation	May 24, 2006
Place of incorporation	North Carolina, USA
Percentage of legal ownership by HF Holding	100.00%
Principal activities	Design and printing services
Chinesetg, Inc. ("Chinesetg") [Member]
Date of incorporation	Jul. 12, 2011
Place of incorporation	North Carolina, USA
Percentage of legal ownership by HF Holding	100.00%
Principal activities	Design and printing services
New Southern Food Distributors, Inc. ("NSF") [Member]
Date of incorporation	Dec. 17, 2008
Place of incorporation	Florida, USA
Percentage of legal ownership by HF Holding	100.00%
Principal activities	Distributing food and related products
B&B Trucking Services, Inc. ("BB") [Member]
Date of incorporation	Sep. 12, 2001
Place of incorporation	Florida, USA
Percentage of legal ownership by HF Holding	100.00%
Principal activities	Trucking service
Kirnland Food Distribution, Inc. ("Kirnland") [Member]
Date of incorporation	Apr. 11, 2006
Place of incorporation	Georgia, USA
Percentage of legal ownership by HF Holding	66.70%
Principal activities	Distributing food and related products
HG Realty LLC ("HG Realty") [Member]
Date of incorporation	May 11, 2012
Place of incorporation	Georgia, USA
Percentage of legal ownership by HF Holding	100.00%
Principal activities	Real estate holding

ORGANIZATION AND BUSINESS DES_4

ORGANIZATION AND BUSINESS DESCRIPTION (Details Narrative) - shares	Aug. 22, 2018	Sep. 30, 2018	Jun. 05, 2018	Dec. 31, 2017
Pre-transaction issued and outstanding shares percentage	11.50%
Common stock, issued	22,558,492	22,167,486		19,969,831
Common stock, outstanding	22,558,492	22,167,486		19,969,831
Unaffiliated Stockholder [Member]
Number of shares cancellation	390,000
HF Holding [Member]
Number of shares issued	19,969,831
Aggregate issued and outstanding shares percentage	88.50%
Percentage of legal ownership by HF Holding
AnHeart Inc [Member]
Percentage of legal ownership by HF Holding			100.00%

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	9 Months Ended
	Sep. 30, 2018
Building and Improvements [Member] | Minimum [Member]
Estimated useful lives of property and equipment	7 years
Building and Improvements [Member] | Maximum [Member]
Estimated useful lives of property and equipment	39 years
Machinery and Equipment [Member] | Minimum [Member]
Estimated useful lives of property and equipment	3 years
Machinery and Equipment [Member] | Maximum [Member]
Estimated useful lives of property and equipment	7 years
Motor Vehicles [Member]
Estimated useful lives of property and equipment	5 years

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Total	$ 70,363,798	$ 75,595,876	$ 217,232,084	$ 225,737,037
North Carolina [Member]
Total	33,693,973	36,374,614	103,262,880	108,846,810
Florida [Member]
Total	21,156,747	22,221,066	66,282,082	65,584,564
Georgia [Member]
Total	$ 15,513,077	$ 17,000,196	$ 47,687,122	$ 51,305,663

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Dec. 31, 2016
Allowances for doubtful accounts	$ 629,339	$ 701,600	$ 629,339	$ 701,600	$ 567,108	$ 670,280
One Supplier Concentration Risk [Member]
Concentration risk, percentage			63.00%		69.00%
One Supplier Concentration Risk [Member] | Related Party Transaction [Member]
Concentration risk, percentage			92.00%		92.00%
Shipping and Handling Cost [Member]
Cost of goods and services sold	$ 791,016	$ 545,130	$ 3,615,470	$ 3,225,523

ACCOUNTS RECEIVABLE, NET (Detai

ACCOUNTS RECEIVABLE, NET (Details) - USD ($)	Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016
Receivables [Abstract]
Accounts receivable	$ 13,466,021	$ 15,267,962
Less: allowance for doubtful accounts	(629,339)	(567,108)	$ (701,600)	$ (670,280)
Accounts receivable, net	$ 12,836,682	$ 14,700,854

ACCOUNTS RECEIVABLE, NET (Det_2

ACCOUNTS RECEIVABLE, NET (Details 1) - USD ($)	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Receivables [Abstract]
Beginning balance	$ 567,108	$ 670,280
Provision for doubtful accounts	62,231	(412,280)
Less: write off/recovery	(26,788)	(23,948)
Ending balance	$ 629,339	$ 701,600

NOTES RECEIVABLE (Details Narra

NOTES RECEIVABLE (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Notes receivable	$ 3,323,962
Line of Credit [Member] | Feilong Trading, Inc, [Member] | Promissory Note Agreement [Member]
Maximum borrowing capacity	$ 4,000,000
Interest rate	5.00%
Maturity date	Sep. 30, 2018

PROPERTY AND EQUIPMENT, NET (De

PROPERTY AND EQUIPMENT, NET (Details) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Subtotal	$ 39,939,400	$ 37,917,232
Less: accumulated depreciation	(17,614,828)	(16,207,765)
Property and equipment, net	22,324,572	21,709,467
Land [Member]
Subtotal	1,608,647	1,608,647
Building and Improvements [Member]
Subtotal	18,784,628	18,589,496
Machinery and Equipment [Member]
Subtotal	9,934,252	9,430,221
Motor Vehicles [Member]
Subtotal	$ 9,611,873	$ 8,288,868

PROPERTY AND EQUIPMENT, NET (_2

PROPERTY AND EQUIPMENT, NET (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 537,443	$ 475,506	$ 1,579,105	$ 1,384,871

LINES OF CREDIT (Details Narrat

LINES OF CREDIT (Details Narrative) - Line of Credit Agreement [Member] - Revolving Credit Facility [Member] - USD ($)	Jul. 01, 2016	Nov. 14, 2012	Sep. 30, 2018	Dec. 31, 2017
Han Feng, Inc. ("Han Feng") [Member] | East West Bank [Member]
Maximum borrowing capacity	$ 14,500,000
Description of collateral	The line of credit is secured by virtually all assets of Han Feng, premises and an adjoining undeveloped parcel of land owned by R&N Holding, and premises owned by R&N Lexington.</font></p>" id="sjs-B4">&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">The line of credit is secured by virtually all assets of Han Feng, premises and an adjoining undeveloped parcel of land owned by R&#38;N Holding, and premises owned by R&#38;N Lexington.&lt;/font>&lt;/p>
Maturity date	Nov. 28, 2018
Interest rate description	Interest is based on the prime rate less 0.15%, but in no event less than 3.25% per annum, and is payable monthly (4.85% at September30, 2018).</font></p>" id="sjs-B6">&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">Interest is based on the prime rate less 0.15%, but in no event less than 3.25% per annum, and is payable monthly (4.85% at September30, 2018).&lt;/font>&lt;/p>
Outstanding amount			$ 9,144,000	$ 9,344,000
New Southern Food Distributors, Inc. ("NSF") [Member] | Bank of America [Member]
Maximum borrowing capacity		$ 4,000,000
Description of collateral		The line of credit is secured by three real properties owned by NSF, and guaranteed by the two shareholders of the Company, as well as BB, a subsidiary of the Company.</font></p>" id="sjs-C10">&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">The line of credit is secured by three real properties owned by NSF, and guaranteed by the two shareholders of the Company, as well as BB, a subsidiary of the Company.&lt;/font>&lt;/p>
Maturity date		Feb. 29, 2020
Interest rate description		Interest is based on the LIBOR rate plus 2.75% (4.8435% at September 30, 2018).</font></p>" id="sjs-C12">&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">Interest is based on the LIBOR rate plus 2.75% (4.8435% at September 30, 2018).&lt;/font>&lt;/p>
Outstanding amount			$ 3,350,146	$ 2,550,146

LONG-TERM DEBT (Details)

LONG-TERM DEBT (Details) - USD ($)		9 Months Ended
		Sep. 30, 2018	Dec. 31, 2017
Total debt		$ 14,721,122	$ 15,621,704
Less: current portion		(1,339,548)	(1,372,125)
Long-term debt		13,381,574	14,249,579
East West Bank [Member]
Total debt	[1]	$ 5,095,693	$ 5,220,809
East West Bank [Member] | Minimum [Member]
Maturity	[1]	Jun. 30, 2022
Interest rate	[1]		4.25%
East West Bank [Member] | Maximum [Member]
Maturity	[1]	Aug. 31, 2027
Interest rate	[1]		4.75%
Capital Bank [Member]
Maturity	[2]	Oct. 31, 2027
Interest rate	[2]		3.85%
Total debt	[2]	$ 5,199,680	$ 5,333,677
Bank of America [Member]
Maturity	[3]	Feb. 28, 2023
Interest rate	[3]		4.2095%
Total debt	[3]	$ 1,689,248	$ 2,262,500
Bank of Montreal [Member]
Total debt	[4]	$ 2,278,756	$ 1,071,398
Bank of Montreal [Member] | Minimum [Member]
Maturity	[4]	Apr. 30, 2022
Interest rate	[4]		5.99%
Bank of Montreal [Member] | Maximum [Member]
Maturity	[4]	Jun. 30, 2023
Interest rate	[4]		6.87%
GE Capital [Member]
Maturity	[4]	Oct. 31, 2019
Interest rate	[4]		5.94%
Total debt	[4]		$ 36,359
Other Finance Companies [Member]
Total debt	[5]	$ 457,745	$ 1,696,961
Other Finance Companies [Member] | Minimum [Member]
Maturity	[5]	Sep. 30, 2018
Interest rate	[5]		3.99%
Other Finance Companies [Member] | Maximum [Member]
Maturity	[5]	Dec. 31, 2023
Interest rate	[5]		6.69%
[1]	Guaranteed by two shareholders of the Company, as well as five subsidiaries of the Company, Han Feng, TT, MFD, R&N Holding and R&N Lexington. Also secured by assets of Han Feng and R&N Lexington and R&N Holding, two real properties of R&N Holding, and a real property of R&N Lexington. Balloon payment of these long-term debts is $3,642,215.
[2]	Guaranteed by two shareholders, as well as Han Feng, one subsidiary of the Company. Also secured by a real property owned by HG Realty. Balloon payment of this debt is $3,116,687.
[3]	Guaranteed by two shareholders, as well as two subsidiaries of the Company, NSF and BB. Secured by a real property, equipment and fixtures, inventories, receivables and all other personal property owned by NSF. Balloon payment of this long-term debt is $1,684,898.
[4]	Not collateralized or guaranteed.
[5]	Secured by vehicles.

LONG-TERM DEBT (Details 1)

LONG-TERM DEBT (Details 1) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Debt Disclosure [Abstract]
2,019	$ 1,339,548
2,020	1,210,870
2,021	952,844
2,022	839,745
2,023	724,014
Thereafter	9,654,101
Total	$ 14,721,122	$ 15,621,704

LONG-TERM DEBT (Details Narrati

LONG-TERM DEBT (Details Narrative)	9 Months Ended
	Sep. 30, 2018USD ($)
East West Bank [Member]
Description of collateral	<font style="font: 10pt Times New Roman, Times, Serif">Guaranteed by two shareholders of the Company, as well as five subsidiaries of the Company, Han Feng, TT, MFD, R&N Holding and R&N Lexington. Also secured by assets of Han Feng and R&N Lexington and R&N Holding, two real properties of R&N Holding, and a real property of R&N Lexington.</font></p>" id="sjs-B4">&lt;p style="font: 10pt Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">Guaranteed by two shareholders of the Company, as well as five subsidiaries of the Company, Han Feng, TT, MFD, R&#38;N Holding and R&#38;N Lexington. Also secured by assets of Han Feng and R&#38;N Lexington and R&#38;N Holding, two real properties of R&#38;N Holding, and a real property of R&#38;N Lexington.&lt;/font>&lt;/p>
Collateral amount	$ 3,642,215
Capital Bank [Member]
Description of collateral	<font style="font: 10pt Times New Roman, Times, Serif">Guaranteed by two shareholders, as well as Han Feng, one subsidiary of the Company. Also secured by a real property owned by HG Realty.</font></p>" id="sjs-B7">&lt;p style="font: 10pt Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">Guaranteed by two shareholders, as well as Han Feng, one subsidiary of the Company. Also secured by a real property owned by HG Realty.&lt;/font>&lt;/p>
Collateral amount	$ 3,116,687
Bank of America [Member]
Description of collateral	<font style="font: 10pt Times New Roman, Times, Serif">Guaranteed by two shareholders, as well as two subsidiaries of the Company, NSF and BB. Secured by a real property, equipment and fixtures, inventories, receivables and all other personal property owned by NSF.</font></p>" id="sjs-B10">&lt;p style="font: 10pt Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">Guaranteed by two shareholders, as well as two subsidiaries of the Company, NSF and BB. Secured by a real property, equipment and fixtures, inventories, receivables and all other personal property owned by NSF.&lt;/font>&lt;/p>
Collateral amount	$ 1,684,898
Bank of Montreal [Member]
Description of collateral	<font style="font: 10pt Times New Roman, Times, Serif">Not collateralized or guaranteed.</font></p>" id="sjs-B13">&lt;p style="font: 10pt Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">Not collateralized or guaranteed.&lt;/font>&lt;/p>
GE Capital [Member]
Description of collateral	<font style="font: 10pt Times New Roman, Times, Serif">Not collateralized or guaranteed.</font></p>" id="sjs-B15">&lt;p style="font: 10pt Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">Not collateralized or guaranteed.&lt;/font>&lt;/p>
Other Finance Companies [Member]
Description of collateral	<font style="font: 10pt Times New Roman, Times, Serif">Secured by vehicles.</font></p>" id="sjs-B17">&lt;p style="font: 10pt Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">Secured by vehicles.&lt;/font>&lt;/p>

LEASES (Details)

LEASES (Details) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Leases [Abstract]
Vehicles due in monthly installments of $40,470 inclusive of interest at 14.38%, due in March 2019	$ 232,901	$ 552,538
Less: current portion	(232,901)	(434,003)
Obligations under capitalized leases payable after one year	$ 0	$ 118,535

LEASES (Details 1)

LEASES (Details 1)	Sep. 30, 2018USD ($)
Leases [Abstract]
2,019	$ 907,716
2,020	869,925
2,021	872,716
2,022	928,128
2,023	999,710
Thereafter	24,052,253
Total	$ 28,630,448

LEASES (Details Narrative)

LEASES (Details Narrative) - USD ($)	Nov. 01, 2018	Jul. 02, 2018	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Cost of assets acquired			$ 39,939,400		$ 39,939,400		$ 37,917,232
Accumulated depreciation			17,614,828		17,614,828		16,207,765
Net book value			22,324,572		22,324,572		21,709,467
Depreciation expense			537,443	$ 475,506	1,579,105	$ 1,384,871
Operating leases, rent expense			104,700	222,973	301,069	492,568
Subsequent Event [Member]
Proceeds from sale of agreement	$ 20,000
Motor Vehicles [Member]
Cost of assets acquired			9,611,873		9,611,873		8,288,868
Rental payments due			$ 40,470		$ 40,470
Rental interest rate			14.38%		14.38%
Maturity date					Mar. 31, 2019
Assets Held under Capital Leases [Member]
Cost of assets acquired			$ 1,297,900		$ 1,297,900		1,297,900
Accumulated depreciation			730,275		730,275		535,590
Net book value			$ 567,625		567,625		762,310
Depreciation expense					$ 194,685	129,790
Forklift [Member]
Operating lease, term of contract			5 years		5 years
Real Estate Lease [Member]
Operating lease, term of contract			27 years 6 months		27 years 6 months
Building [Member] | R&N Holdings, LLC ("R&N Holdings") [Member]
Cost of assets acquired			$ 400,000		$ 400,000		400,000
Accumulated depreciation			97,437		$ 97,437		89,743
Operating lease agreement expiration					2019</font></p>" id="sjs-F26">&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">2019&lt;/font>&lt;/p>
Operating leases, rent income			11,400	11,400	$ 34,200	34,200
Building [Member] | HG Realty LLC ("HG Realty") [Member]
Cost of assets acquired			3,223,745		3,223,745		3,223,745
Accumulated depreciation			$ 413,301		$ 413,301		$ 351,306
Operating lease agreement expiration					September 21, 2027</font></p>" id="sjs-F31">&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">September 21, 2027&lt;/font>&lt;/p>
Operating leases, rent income				$ 120,000	$ 360,000	$ 240,000
Building [Member] | 273 Fifth Avenue, Manhattan,New York [Member]
Lease term		30 years
Leae rent for first year		$ 325,000
Leae rent till last year		1,047,000
Letter of credit as security obligation		$ 213,000
Building [Member] | 275 Fifth Avenue, Manhattan,New York [Member]
Lease term		15 years
Leae rent for first year		$ 462,000
Leae rent till last year		760,878
Letter of credit as security obligation		$ 115,500

TAXES (Details)

TAXES (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Current:
Federal	$ 360,016	$ 403,676	$ 1,345,253	$ 403,676
State	124,118	75,047	365,822	75,047
Current income tax provision	484,134	478,723	1,711,075	478,723
Deferred:
Federal	309,176	(8,221)	(120,728)	(3,806)
State	46,837	(1,856)	(48,140)	1,707
Deferred income tax benefit	356,013	(10,077)	(168,868)	(2,099)
Total income tax provision	$ 840,147	$ 468,646	$ 1,542,207	$ 476,624

TAXES (Details 1)

TAXES (Details 1) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Deferred tax assets:
Allowance for doubtful accounts	$ 158,404	$ 139,947
Inventories	122,292	1,750
Section 481(a) adjustment	41,795	140,310
Other accrued expenses	671,395	237,550
Others	45,468
Total deferred tax assets	1,039,354	519,557
Deferred tax liabilities:
Property and equipment	(1,306,698)	(955,769)
Total deferred tax liabilities	(1,306,698)	(955,769)
Net deferred tax assets (liabilities)	$ (267,344)	$ (436,212)

TAXES (Details 2)

TAXES (Details 2)	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Income Tax Disclosure [Abstract]
Federal statutory tax rate	21.00%	34.00%
State statutory tax rate	4.70%	4.00%
U.S. permanent difference	1.20%	0.20%
Others	2.10%	(0.50%)
Effect of flow-through entities		(31.20%)
Effective tax rate	29.00%	6.50%

TAXES (Details 3)

TAXES (Details 3) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Current:
Federal	$ 360,016	$ 403,676	$ 1,345,253	$ 403,676
State	124,118	75,047	365,822	75,047
Current income tax provision	484,134	478,723	1,711,075	478,723
Deferred:
Federal	309,176	(8,221)	(120,728)	(3,806)
State	46,837	(1,856)	(48,140)	1,707
Deferred income tax benefit	356,013	(10,077)	(168,868)	(2,099)
Total income tax provision	$ 840,147	468,646	$ 1,542,207	476,624
Pro Forma [Member]
Current:
Federal		881,604		2,479,849
State		136,450		315,392
Current income tax provision		1,018,054		2,795,241
Deferred:
Federal		12,832		40,358
State		976		8,837
Deferred income tax benefit		13,808		49,195
Total income tax provision		$ 1,031,862		$ 2,844,436

TAXES (Details 4)

TAXES (Details 4) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Tax Disclosure [Abstract]
Pro Forma Net Income		$ 4,535,864		$ 4,535,864
Less: net income (loss) attributable to noncontrolling interest	$ 103,600	277,386	$ (277,855)	256,132
Pro Forma Net Income Attributable to HF Group Holding Corporation	$ 1,667,078	$ 1,412,599	$ 4,040,259	$ 4,279,732
Pro Forma Earnings per common share - basic and diluted	$ 0.08	$ 0.07	$ 0.2	$ 0.21
Pro Forma Weighted average shares - basic and diluted		19,969,831		19,969,831

TAXES (Details Narrative)

TAXES (Details Narrative) - USD ($)	Dec. 22, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Previous income tax rate	$ 0.35
Revised income tax rate		21.00%	34.00%
Deferred tax assets				$ 398,699
Deferred tax liabilities				$ 934,529

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)		Sep. 30, 2018	Dec. 31, 2017
Total		$ 1,572,100	$ 1,586,420
Allstate Trading Company Inc. [Member]
Total	[1]	8,908	176,660
Enson Seafood GA Inc. [Member]
Total	[2]	98,833	87,814
Eagle Food Service LLC [Member]
Total	[3]	344,188	656,799
Fortune One Foods Inc. [Member]
Total	[4]	144,831	154,904
Fortune One Foods Inc. [Member]
Total	[5]	902,518	340,114
New Marco Food Inc. [Member]
Total	[6]		170,129
Enson Trading LLC [Member]
Total	[7]	$ 72,872	$ 340,114
[1]	Mr. Zhou Min Ni, the Chairman and Chief Executive Officer of the Company, owns 40% equity interest of this entity;
[2]	Mr. Zhou Min Ni owns 45% equity interest of this entity;
[3]	Tina Ni, one of Mr, Zhou Min Ni's family member owns 50% equity interest of this entity;
[4]	Mr. Zhou Min Ni owns 17.5% equity interest of this entity;
[5]	Mr. Zhou Min Ni owns 30% equity interest of this entity;
[6]	Mr. Zhou Min Ni owns 30% equity interest of this entity.
[7]	Mr. Zhou Min Ni owns 25% equity interest of Enson Trading LLC.

RELATED PARTY TRANSACTIONS (D_2

RELATED PARTY TRANSACTIONS (Details 1 ) - USD ($)		Sep. 30, 2018		Dec. 31, 2017
Total		$ 674,893		$ 3,248,309
Enson Seafood GA Inc. [Member]
Total	[1]			2,978,161
Ocean Pacific Seafood Group [Member]
Total	[2]	247,724		145,888
Han Feng Information Tech. Jinhua Inc. [Member]
Total			[3]	5,167	[2]
NSG International Inc. [Member]
Total	[4]	65,092		119,093
Revolution Industry LLC [Member]
Total	[5]	$ 362,077
[1]	Mr. Zhou Min Ni owns 45% equity interest of this entity. The large advances to Enson Seafood GA Inc. ("Enson Seafood?)made in 2017 was a result of the Company?s decision to take advantage of the large refrigerated facilities owned by Enson Seafood. The Company made these advances to Enson Seafood for the purchases of large quantities of frozen foods. Enson Seafood takes possession of these frozen goods until they are shipped based on the Company?s sales orders. The Company did not include these advanced purchases in its inventory since the title and risk of these goods remained with Enson Seafood;
[2]	Mr. Zhou Min Ni owns 25% equity interest of this entity;
[3]	Mr. Zhou Min Ni owns 37% of its equity interest;
[4]	Mr. Zhou Min Ni owns 30% of its equity interest;
[5]	Mr. Zhou Min Ni owns a 51% equity interest in Revolution Industry LLC.

RELATED PARTY TRANSACTIONS (D_3

RELATED PARTY TRANSACTIONS (Details 2) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Total	$ 8,532,366	$ 6,860,056
Less: Current portion	38,049
Total	8,494,317	6,860,056
Enson Seafood GA Inc. [Member]
Total	1,848,524	550,000
NSG International Inc. [Member]
Total	6,218,310	5,993,552
Fortune One Foods Inc. [Member]
Total		316,504
Revolution Industry LLC [Member]
Total	$ 465,532

RELATED PARTY TRANSACTIONS (D_4

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	Mar. 01, 2018	Jan. 02, 2018	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	May 31, 2018	Jan. 02, 2018	Dec. 31, 2017	May 31, 2017
Loan or advance Conversion amount			$ 8,532,366		$ 8,532,366				$ 6,860,056
Receivable amount									764,493
Accounts payable			3,147,470		3,147,470				4,075,927
Advance from customers			349,721		349,721				1,350,296
Net revenue - related parties			70,363,798	$ 75,595,876	217,232,084	$ 225,737,037
Promissory Note Agreements [Member]
Description of interest receivable								<tr style="vertical-align: bottom"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%"><font style="font: 10pt Times New Roman, Times, Serif">The principal plus interest shall be paid off no later than December 31, 2019. Interest is computed on the outstanding balance on the basis of the actual number of days elapsed in a year of 360 days.</font></td></tr> </table>" id="sjs-I8">&lt;table border="0" cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse"> &lt;tr style="vertical-align: bottom"> &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">&lt;font style="font: 10pt Times New Roman, Times, Serif">The principal plus interest shall be paid off no later than December 31, 2019. Interest is computed on the outstanding balance on the basis of the actual number of days elapsed in a year of 360 days.&lt;/font>&lt;/td>&lt;/tr> &lt;/table>
Promissory Note Agreements [Member] | Enson Seafood [Member]
Outstanding balances		$ 550,000	$ 2,000,000		2,000,000			$ 550,000
Description of new promissory notes term		Converted into promissory notes bearing annual interest of 5%. The interest shall be accrued starting January 1, 2018. The principal plus interest shall be paid off no later than December 31, 2019. Interest is computed on the outstanding balance on the basis of the actual number of days elapsed in a year of 360 days.
Monthly repayment debt amount					$ 171,215
Interest rate			5.00%		5.00%
Maturity date		Dec. 31, 2019			Sep. 30, 2019
Promissory Note Agreements [Member] | NSG [Member]
Outstanding balances		$ 5,993,552						5,993,552
Allstate Trading Company Inc. [Member] | Mr. Zhoumin Ni [Member]
Equity interest			40.00%		40.00%
Allstate Trading Company Inc. [Member] | Mr. Zhou Min Ni [Member]
Equity interest			45.00%		45.00%
Enson Seafood GA Inc. [Member]
Loan or advance Conversion amount			$ 1,848,524		$ 1,848,524				550,000
Enson Seafood GA Inc. [Member] | Mr. Zhou Min Ni [Member]
Equity interest			45.00%		45.00%
Eagle Food Service LLC [Member] | Tina Ni [Member]
Equity interest			50.00%		50.00%
Fortune One Foods Inc. [Member] | Mr. Zhou Min Ni [Member]
Equity interest			17.50%		17.50%
Fortune One Foods Inc. [Member]
Loan or advance Conversion amount									316,504
Fortune One Foods Inc. [Member] | Promissory Note Agreements [Member] | 5% Convertible Promissory Notes [Member]
Loan or advance Conversion amount										$ 1,000,000
Description of interest receivable							<tr style="vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; width: 100%"><font style="font: 10pt Times New Roman, Times, Serif">Note has been repaid in full.</font></td></tr> </table>" id="sjs-H33">&lt;table border="0" cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse"> &lt;tr style="vertical-align: bottom"> &lt;td style="font: 10pt Times New Roman, Times, Serif; width: 100%">&lt;font style="font: 10pt Times New Roman, Times, Serif">Note has been repaid in full.&lt;/font>&lt;/td>&lt;/tr> &lt;/table>
Receivable amount										$ 1,000,000
Fortune One Foods Inc. [Member] | Mr. Zhou Min Ni [Member]
Equity interest			30.00%		30.00%
New Marco Food Inc. [Member] | Mr. Zhou Min Ni [Member]
Equity interest			30.00%		30.00%
Enson Trading LLC [Member] | Mr. Zhou Min Ni [Member]
Equity interest			25.00%		25.00%
Ocean Pacific Seafood Group [Member] | Mr. Zhou Min Ni [Member]
Equity interest			25.00%		25.00%
Han Feng Information Tech. Jinhua Inc. [Member] | Mr. Zhou Min Ni [Member]
Equity interest			37.00%		37.00%
NSG International Inc. [Member]
Loan or advance Conversion amount			$ 6,218,310		$ 6,218,310				5,993,552
NSG International Inc. [Member] | Promissory Note Agreements [Member]
Loan or advance Conversion amount		$ 5,993,552						$ 5,993,552
NSG International Inc. [Member] | Mr. Zhou Min Ni [Member]
Equity interest			30.00%		30.00%
Revolution Industry LLC [Member]
Loan or advance Conversion amount			$ 465,532		$ 465,532
Revolution Industry LLC [Member] | Mr. Zhou Min Ni [Member]
Equity interest			51.00%		51.00%
Revolution Automotive LLC [Member] | Promissory Note Agreements [Member]
Loan or advance Conversion amount	$ 483,628
Description of interest receivable	<tr style="vertical-align: bottom"> <td style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%"><font style="font: 10pt Times New Roman, Times, Serif">Interest is computed on the outstanding balance on the basis of the actual number of days elapsed in a year of 360 days. The principal plus interest shall be paid off no later than April 30, 2023.</font></td></tr> </table>" id="sjs-B57">&lt;table border="0" cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse"> &lt;tr style="vertical-align: bottom"> &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%">&lt;font style="font: 10pt Times New Roman, Times, Serif">Interest is computed on the outstanding balance on the basis of the actual number of days elapsed in a year of 360 days. The principal plus interest shall be paid off no later than April 30, 2023.&lt;/font>&lt;/td>&lt;/tr> &lt;/table>
Receivable amount	$ 284,453
Related Party [Member]
Net revenue - related parties			$ 4,427,639	3,230,646	$ 13,364,070	14,107,311
Total Purchase			$ 13,871,903	$ 12,807,218	$ 26,882,395	$ 25,527,242

SEGMENT REPORTING (Details)

SEGMENT REPORTING (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Revenue	$ 70,363,798	$ 75,595,876	$ 217,232,084	$ 225,737,037
Sales To Independent Restaurants [Member]
Revenue	65,755,745	70,939,519	203,272,084	208,530,756
Wholesale [Member]
Revenue	$ 4,608,053	$ 4,656,357	$ 13,960,000	$ 17,206,281

SEGMENT REPORTING (Details 1)

SEGMENT REPORTING (Details 1) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Revenue	$ 70,363,798	$ 75,595,876	$ 217,232,084	$ 225,737,037
Cost of revenue	57,801,111	64,467,449	180,441,598	194,145,322
Gross profit	12,562,687	11,128,427	36,790,486	31,591,715
Depreciation and amortization	537,443	475,506	1,579,105	1,384,871
Total capital expenditures	124,830		2,194,210	2,116,187
Total assets:
Total Assets	83,759,916		83,759,916		$ 80,657,900
Sales To Independent Restaurants [Member]
Revenue	65,755,745	70,939,519	203,272,084	208,530,756
Cost of revenue	53,488,702	59,987,884	167,388,910	177,468,565
Gross profit	12,267,043	10,951,635	35,883,174	31,062,191
Depreciation and amortization	502,293	445,959	1,477,627	1,279,312
Total capital expenditures	115,593		2,053,203	1,939,300
Total assets:
Total Assets	78,377,247		78,377,247		75,180,924
Wholesale [Member]
Revenue	4,608,053	4,656,357	13,960,000	17,206,281
Cost of revenue	4,312,409	4,479,565	13,052,688	16,676,757
Gross profit	295,644	176,792	907,312	529,524
Depreciation and amortization	35,150	29,547	101,478	105,559
Total capital expenditures	9,237		141,007	$ 176,887
Total assets:
Total Assets	$ 5,382,669		$ 5,382,669		$ 5,476,976

SEGMENT REPORTING (Details Narr

SEGMENT REPORTING (Details Narrative)	9 Months Ended
	Sep. 30, 2018Number
Segment Reporting [Abstract]
Operating segments	2

CONTINGENCY (Details Narrative)

CONTINGENCY (Details Narrative)	9 Months Ended
	Sep. 30, 2018USD ($)
Commitments and Contingencies Disclosure [Abstract]
Liquidated damages and related costs	$ 2,500,000