Overview
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- TickerHCIL on OTC1
- IndustryElectromedical & Electrotherapeutic Apparatus1
- HeadquartersNV1
- Incorporated inNV2
- Business addressRoom 2409, Rongshang Building, Furen Ave, Yangpu Village, Yinxi Subdistrict, Fuqing City, Fuzhou City, 3503002
- Filer categoryNon-accelerated filer, Smaller reporting company2
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Trust. On December 28, 2016, all assets and liabilities of the Company were transferred to the Liquidating Trust (the “Liquidation”).4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Cost of revenue94¢$2.7M
- Other costs6¢$159.3K
- Income tax1¢$22.3K
Out of $2.9M in revenue.5 The company lost money this year.
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | $163.7K6 | $222.7K7 | $96.5K8 | $79.0K8 | $2.7M5 | $2.9M5 | |
| Cost of revenue | $83.6K6 | $118.5K7 | $30.3K8 | $27.4K8 | $2.6M5 | $2.7M5 | |
| Gross profit | $80.1K6 | $104.2K7 | $66.2K8 | $51.6K8 | $69.4K5 | $181.6K5 | |
| Research and development | |||||||
| Operating expenses | $229.0K8 | $240.0K10 | $538.9K5 | $565.0K5 | |||
| Operating income | -$247.8K9 | -$538.1K6 | -$278.8K7 | -$162.8K8 | -$240.0K10 | -$469.6K5 | -$383.3K5 |
| Interest | |||||||
| Income before tax | -$163.0K8 | -$240.0K10 | -$444.7K5 | -$494.7K5 | |||
| Income tax | -$65.9K5 | -$22.3K5 | |||||
| Net income | -$250.3K9 | -$488.4K6 | -$548.4K7 | -$163.0K8 | -$240.0K10 | -$378.8K10 | -$472.4K5 |
| Earnings per share | $0.006 | $0.007 | $0.008 | $0.0010 | $0.005 | $0.005 | |
| Earnings per share (diluted) | $0.008 | $0.0010 | $0.005 | $0.005 | |||
| Shares (weighted, basic) | 1.0B shares8 | 61.7M shares10 | 450.2M shares5 | 518.8M shares5 | |||
| Shares (weighted, diluted) | 1.0B shares8 | 61.7M shares10 | 450.2M shares5 | 518.8M shares5 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash | $37.6K9 | $95.5K9 | $5.5K8 | $4.3K8 | $3.1K10 | $895.7K10 | $240.6K5 |
| Receivables | $742.9K5 | $52.5K5 | |||||
| Inventory | $13.7K5 | ||||||
| Current assets | $58.9K9 | $649.5K6 | $60.0K7 | $37.4K8 | $83.0K10 | $4.0M5 | $8.1M5 |
| Property, plant and equipment | $3.2K5 | $16.9K5 | |||||
| Intangible assets | $3.2K5 | ||||||
| Total assets | $58.9K9 | $852.5K6 | $194.3K7 | $93.5K8 | $31.2M10 | $50.2M5 | $57.5M5 |
| Accounts payable | $17.4K8 | $16.1K8 | |||||
| Short-term debt | $235.3K5 | ||||||
| Current liabilities | $296.1K9 | $1.4M6 | $1.8M7 | $1.9M8 | $25.3M10 | $1.1M5 | $6.7M5 |
| Long-term debt | $6.6M5 | ||||||
| Long-term liabilities | $6.4M10 | $8.7M5 | $12.0M5 | ||||
| Total liabilities | $296.1K9 | $1.6M6 | $1.8M7 | $1.9M8 | $31.7M10 | $9.7M5 | $18.7M5 |
| Retained earnings | -$19.6M7 | -$433.7K10 | -$812.5K5 | -$1.3M5 | |||
| Shareholders’ equity | -$237.2K9 | -$715.9K6 | -$1.4M7 | -$193.8K10 | -$418.7K10 | $40.5M5 | $38.8M5 |
| Shares outstanding | 1.1B shares9 | 1.0B shares6 | 1.0M shares7 | 1.0B shares8 | 415.6M shares10 | 518.8M shares5 | 518.8M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$265.3K9 | -$546.6K6 | -$21.8K7 | -$141.1K8 | -$225.8K10 | $750.5K5 | -$7.3M5 |
| Depreciation and amortization | $92.4K10 | $88.2K10 | $90.5K5 | ||||
| Capital spending | $40.6M5 | $4.0M5 | |||||
| Free cash flow | -$39.8M | -$11.4M | |||||
| Cash from investing | -$1.6M10 | -$41.7M5 | -$3.5M5 | ||||
| Cash from financing | $162.4K8 | $1.8M10 | $40.9M5 | $10.2M5 |
Compare Hongchang International Co., Ltd with another company
Corporate structure
Hongchang International Co., Ltd sits at the top of its group. 9 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Hongchang International Co., Ltd
- Pheng Ang Hooi Filed SC 13D/A on Hongchang International Co., Ltd, latest Oct 4, 2023 (2 filings since Jun 20, 2023)
- Zengqiang Lin Filed SC 13D on Hongchang International Co., Ltd, latest Sep 7, 2023
- Zhenzhu Lin Filed SC 13D on Hongchang International Co., Ltd, latest Sep 7, 2023
- Hongchang International Co., Ltd NV
- Fujian Hongchang Global Food Co., Ltd. Subsidiary · China
- Fujian Hongjin Biotechnology Co, Ltd Subsidiary · China
- Fuqing Hongchang Food Co., Ltd. Subsidiary · China
- Fuqing Hongchang Global Import Export Co., Ltd. Subsidiary · China
- Fuqing Hongchang Global Logistics Co., Ltd. Subsidiary · China
- Hong Chang Biotechnologies (HK) Limited Subsidiary · Hong Kong
- Hong Chang Global Investment Holdings Limited Subsidiary · British Virgin Islands
- Hongfu Food (Fujian) Co., Ltd Subsidiary · China
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Hongchang International Co., Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $4.4M14 Mar 31, 2025 | $4.4M14 Dec 31, 2023 | +0.7% |
| Construction in progress | $16.8M14 Mar 31, 2025 | $41.4M14 Dec 31, 2023 | −59.4% |
| Accumulated depreciation | $407.6K14 Mar 31, 2025 | $18814 Dec 31, 2023 | +216708.0% |
| Property and equipment, net | $27.1M14 Mar 31, 2025 | $3.2K14 Dec 31, 2023 | +849869.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $493.2K14 Mar 31, 2025 | $895.7K14 Dec 31, 2023 | −44.9% |
| Stakes in other companies (equity method) | $527.7K14 Mar 31, 2025 |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finite-lived intangibles, gross | $3.2K14 Mar 31, 2025 | $3.3K14 Dec 31, 2023 | −2.5% |
| Accumulated amortization | $37514 Mar 31, 2025 | $8214 Dec 31, 2023 | +357.3% |
Inventory
Leadership
Who has led Hongchang International Co., Ltd, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
- Chief executive officerBan Siong Ang May 25, 2023 to May 25, 202315
- Chief executive officerZengqiang Lin Sep 7, 2023 to Sep 7, 202316
- Chief executive officerK. Lance Bell Mar 12, 2013 to Apr 16, 201317
- Chief executive officerKenneth W. Bell Feb 3, 2006 to Apr 23, 201018
- PresidentBan Siong Ang May 25, 2023 to May 25, 202315
- PresidentZengqiang Lin Sep 7, 2023 to Sep 7, 202316
- PresidentK. Lance Bell May 26, 2011 to Apr 16, 201319
- Chief financial officerK. Lance Bell May 26, 2011 to May 26, 201119
- Chief financial officerRobert Brett Bell Oct 27, 2009 to Apr 23, 201020
Board members and other officers (15)
- Board SecretaryQingqing Wang Apr 1, 2024 to Apr 1, 202421
- DirectorBan Siong Ang May 10, 2018 to Mar 26, 201922
- vice presidentJames C. Roundy Dec 12, 2012 to Dec 12, 201223
- SecretaryTanner J. Purser Dec 12, 2012 to May 17, 201324
- secretaryRobert Brett Bell Feb 3, 2006 to Oct 16, 200825
- Board memberZengqiang Lin Sep 7, 2023 to Sep 7, 202316
- Board memberZhenzhu Lin Sep 7, 2023 to now26
- Board memberXingjia Gao Sep 8, 2023 to Sep 8, 202327
- Board memberKwee Huwa Tan Mar 21, 2019 to Mar 21, 201928
- Board memberBan Siong Ang May 10, 2018 to Oct 3, 202322
- Board memberTan Hung Seng May 10, 2018 to May 31, 202329
- Board memberDerald M. Miller May 28, 2014 to Jul 9, 201430
- Board memberJames C. Roundy Dec 12, 2012 to Dec 12, 201223
- Board memberK. Lance Bell May 26, 2011 to Apr 16, 201319
- Board memberKenneth W. Bell Feb 3, 2006 to Apr 23, 201018
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Fujian Hongchang Global Food Co., Ltd. China3
- Fujian Hongjin Biotechnology Co, Ltd China3
- Fuqing Hongchang Food Co., Ltd. China3
- Fuqing Hongchang Global Import Export Co., Ltd. China3
- Fuqing Hongchang Global Logistics Co., Ltd. China3
- Hong Chang Biotechnologies (HK) Limited Hong Kong3
- Hong Chang Global Investment Holdings Limited British Virgin Islands3
- Hongfu Food (Fujian) Co., Ltd China3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- May 13, 20258-K Bylaws or fiscal year changed31
- Apr 30, 20258-K Change of auditor; Executive or director change32
- May 8, 20248-K Executive or director change33
- Apr 1, 20248-K Executive or director change34
- Nov 28, 20238-K Other events35
- Nov 24, 20238-K Bylaws or fiscal year changed36
- Nov 21, 20238-K Bylaws or fiscal year changed37
- Sep 7, 2023New chief executive Zengqiang Lin becomes CEO16
- Sep 7, 20238-K Entered a material agreement; Completed an acquisition or sale; Unregistered sale of shares38
- Aug 23, 20238-K Entered a material agreement; Unregistered sale of shares; Change in control39
- Aug 14, 20238-K Bylaws or fiscal year changed40
- May 25, 2023New chief executive Ban Siong Ang becomes CEO15
- Feb 22, 20238-K Executive or director change41
- Jan 6, 20228-K Other events42
- Mar 12, 2013New chief executive K. Lance Bell becomes CEO17
- Feb 3, 2006New chief executive Kenneth W. Bell becomes CEO18
Filings
66 filings to the SEC since October 2021: 7 annual reports, 17 quarterly reports, 14 major events, 9 insider forms, 4 large holders, 15 other. The latest 20:
- Aug 13, 2026NT 10-Q NOTIFICATION OF LATE FILING EDGAR
- Jun 30, 2026NT 10-K NOTIFICATION OF LATE FILING EDGAR
- Jun 29, 20264 EDGAR
- Feb 13, 202610-Q QUARTERLY REPORT EDGAR
- Jan 22, 2026144 EDGAR
- Nov 13, 202510-Q QUARTERLY REPORT EDGAR
- Aug 14, 202510-Q QUARTERLY REPORT EDGAR
- Aug 11, 202510-KT TRANSITION REPORT EDGAR
- May 13, 20258-K CURRENT REPORT EDGAR
- Apr 30, 20258-K CURRENT REPORT EDGAR
- Mar 28, 202510-K ANNUAL REPORT EDGAR
- Nov 13, 202410-Q QUARTERLY REPORT EDGAR
- Aug 28, 20248-K/A AMENDMENT NO. 1 TO FORM 8-K EDGAR
- Aug 13, 202410-Q QUARTERLY REPORT EDGAR
- May 15, 202410-Q QUARTERLY REPORT EDGAR
- May 8, 20248-K CURRENT REPORT EDGAR
- Apr 1, 202410-K ANNUAL REPORT EDGAR
- Apr 1, 20248-K CURRENT REPORT EDGAR
- Apr 1, 20243 EDGAR
- Nov 28, 20238-K CURRENT REPORT EDGAR
The 66 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
6 open-market trades by officers, directors and large owners since October 2021: 1 buys and 5 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 25, 2026 | Lin ZhenzhuDirector | Sale | 9,998 | $0.11 | $1.1K | Form 4 |
| Jun 24, 2026 | Lin ZhenzhuDirector | Sale | 5,000 | $0.11 | $550 | Form 4 |
| Jun 23, 2026 | Lin ZhenzhuDirector | Sale | 1,450 | $0.12 | $174 | Form 4 |
| Sep 28, 2023 | Ang Ban SiongDirector | Sale | 28,328,194 | $28,328.19 | $802.5B | Form 4 |
| May 17, 2023 | TAN HUNG SENGDirector | Buy | 20,000,000 | $20,000.00 | $400.0B | Form 4 |
| May 17, 2023 | Ang Ban SiongDirector | Sale | 68,645,429 | $68,645.43 | $4.7T | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Pheng Ang HooiSC 13D/A, 2 filings Jun 20, 2023 to Oct 4, 202343
- Zengqiang LinSC 13D, 1 filing Sep 7, 202344
- Zhenzhu LinSC 13D, 1 filing Sep 7, 202345
SEC filer profile
How Hongchang International Co., Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARHongchang International Co., Ltd1
- CIK0001086303
- Employer ID (EIN)87-062791046
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company46
- Incorporated inNevada46
- Fiscal year endsMarch 311
- Industry code (SIC)3845 Electromedical & Electrotherapeutic Apparatus1
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
- Business addressRoom 2409, Rongshang Building, Furen Ave, Yangpu Village, Yinxi Subdistrict, Fuqing City, Fuzhou City, Fujian Province 350300, China1
- Phone86 180 5901 60501
- Shares outstanding518,831,367 as of Feb 11, 202613
- Public float$12.8M as of Sep 30, 202446
- AuditorEnrome LLP, Singapore PCAOB ID 6907; no auditor attestation of internal control over financial reporting46
- On EDGAR sinceJul 16, 19991
- Filings352 in all: 8-K (67), 10-Q (58), 4 (28), 3 (24), CORRESP (21), 10-K (20), 10QSB (18), UPLOAD (17)1
All 40 form types
5 (9), 8-K/A (9), 10-Q/A (7), NT 10-K (7), POS AM (7), NT 10-Q (6), 10-12G/A (5), 10KSB (5), 10-K/A (4), 10KSB/A (4), 10QSB/A (4), DEF 14C (4), PRE 14C (4), SC 13D (4), SB-2 (2), SB-2/A (2), 10-12G (1), 10-KT (1), 144 (1), 4/A (1), 424B3 (1), 5/A (1), EFFECT (1), S-1 (1), S-4 (1), S-4/A (1), S-8 (1), S-8 POS (1), SC 13D/A (1), SC 13G (1), SC 13G/A (1), SC 14F1 (1)
- Latest filingsAnnual report (10-KT) Aug 11, 2025
Quarterly report (10-Q) Feb 13, 2026
Latest 8-K (8-K) May 13, 2025
Risk factors and legal proceedings
Legal proceedings
From time to time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. Litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business. There are currently no legal proceedings or claims that we believe will have a material adverse effect on our business, financial condition, or operating results.
The opening of Item 3, Legal Proceedings.46
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 19SEC EDGARK. Lance Bell, President
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- 21SEC EDGARQingqing Wang, Board Secretary
- 22SEC EDGARBan Siong Ang, Director
- 23SEC EDGARJames C. Roundy, vice president
- 24SEC EDGARTanner J. Purser, Secretary
- 25SEC EDGARRobert Brett Bell, secretary
- 26SEC EDGARZhenzhu Lin, Board member
- 27SEC EDGARXingjia Gao, Board member
- 28SEC EDGARKwee Huwa Tan, Board member
- 29SEC EDGARTan Hung Seng, Board member
- 30SEC EDGARDerald M. Miller, Board member
- 31SEC EDGARBylaws or fiscal year changed
- 32
- 33SEC EDGARExecutive or director change
- 34SEC EDGARExecutive or director change
- 35SEC EDGAROther events
- 36SEC EDGARBylaws or fiscal year changed
- 37SEC EDGARBylaws or fiscal year changed
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- 40SEC EDGARBylaws or fiscal year changed
- 41SEC EDGARExecutive or director change
- 42SEC EDGAROther events
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