Overview
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- TickerHXHX on Nasdaq1
- IndustryTrucking & Courier Services (No Air)1
- HeadquartersNingbo, China1
- Incorporated inChina3
- Business addressRoom 329-1, 329-2, No. 1 Xingye Yi Road, Ningbo Free Trade Zone, Ningbo, F4 3158073
- Filer categoryNon-accelerated filer, Emerging growth company3
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We raised $7 million in gross proceeds from our initial public offering, before deducting underwriting discounts and other related expenses.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 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Temperaturecontrolled Truckload Services brought in 98% of the revenue Haoxin Holdings Ltd broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Temperaturecontrolled Truckload Services | $23.5M | $23.6M | $32.5M |
| Urban Delivery Services | $3.2M | $1.9M | $534.1K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue75¢$24.7M
- Other costs8¢$2.6M
- Income tax5¢$1.7M
- Profit12¢$4.0M
Out of $33.0M in revenue.2
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| REVENUES | $33.0M | $25.6M | $26.7M |
| Transportation costs | $24.7M | $19.1M | $19.8M |
| General and administrative expenses | $452.5K | $866.3K | $758.6K |
| Sales and marketing expenses | $52.8K | $78.7K | $92.9K |
| Total costs and expenses | $25.3M | $20.0M | $20.7M |
| PROFIT FROM OPERATIONS | $7.8M | $5.5M | $6.0M |
| Interest expenses | -$269.9K | -$188.9K | -$154.0K |
| Other expenses | -$1.1M | -$861.6K | -$538.0K |
| Other income | $111.6K | $104.0K | $188.3K |
| Loss on disposal of subsidiaries | -$852.0K | ||
| Total other expenses, net | -$2.1M | -$946.5K | -$503.7K |
| PROFIT BEFORE INCOME TAXES | $5.7M | $4.6M | $5.5M |
| PROVISION FOR INCOME TAXES | $1.7M | $1.4M | $1.5M |
| NET PROFIT | $4.0M | $3.2M | $4.0M |
| Foreign currency translation adjustment | $880.9K | -$499.1K | -$372.2K |
| COMPREHENSIVE INCOME | $4.8M | $2.7M | $3.6M |
| Basic (in Shares) | 13.2M shares | 12.0M shares | 12.0M shares |
| Diluted (in Shares) | 13.2M shares | 12.0M shares | 12.0M shares |
| BASIC (in Dollars per share) | $0.30 | $0.26 | $0.33 |
| DILUTED (in Dollars per share) | $0.30 | $0.26 | $0.33 |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-01-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $1.4M | $170.4K | |||
| Restricted cash | $3.5K | $3.4K | $3.4K | ||
| Accounts receivable, net | $8.8M | $19.1M | |||
| Prepayments | $27.4M | $7.8M | |||
| Other receivables | $410.9K | $3.0M | |||
| Loans receivables | $5.0M | $1.0M | |||
| Deposits | $892.3K | ||||
| Total Current Assets | $45.8M | $31.1M | |||
| Property and equipment, net | $4.4M | $535.0K | |||
| Operating right-of-use assets, net | $2.4K | ||||
| Deferred tax assets | $66.6K | $138.8K | |||
| Deposits | $64.0K | $156.2K | |||
| Deferred offering costs | $489.6K | ||||
| Total other assets | $130.7K | $787.0K | |||
| Total assets | $50.3M | $32.4M | |||
| Short-term bank borrowings | $7.8M | $2.5M | |||
| Accounts payable | $110.0K | $608.2K | |||
| Other payables and accrued liabilities | $597.7K | $876.7K | |||
| Tax payable | $9.9M | $7.9M | |||
| Current maturity of long-term bank borrowing | $2.9K | ||||
| Current maturities of loans from other financial institutions | $384.2K | $333.0K | |||
| Operating lease liabilities, current | $5.1K | ||||
| Total current liabilities | $19.3M | $13.9M | |||
| Long-term bank borrowings | $2.9M | ||||
| Long-term loans from other financial institutions | $502.4K | $144.7K | |||
| Total other liabilities | $3.4M | $144.7K | |||
| Total liabilities | $22.6M | $14.0M | |||
| Shares subscription receivables | -$1.2K | -$1.2K | |||
| Additional paid-in capital | $7.2M | $3.0M | |||
| Statutory reserves | $895.7K | $895.7K | |||
| Retained earnings | $19.9M | $15.9M | |||
| Accumulated other comprehensive loss | -$303.1K | -$1.4M | |||
| Total shareholders equity | $27.6M | $18.4M | $15.7M | $12.1M | |
| Total liabilities and shareholders equity | $50.3M | $32.4M | |||
| Ordinary shares, par value (in Dollars per share) | $0.00 | ||||
| Ordinary shares, shares issued (in Shares) | 6.7M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-01-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $1.4M | $170.4K | |||
| Restricted cash | $3.5K | $3.4K | $3.4K | ||
| Accounts receivable, net | $8.8M | $19.1M | |||
| Prepayments | $27.4M | $7.8M | |||
| Other receivables | $410.9K | $3.0M | |||
| Loans receivables | $5.0M | $1.0M | |||
| Deposits | $892.3K | ||||
| Total Current Assets | $45.8M | $31.1M | |||
| Property and equipment, net | $4.4M | $535.0K | |||
| Operating right-of-use assets, net | $2.4K | ||||
| Deferred tax assets | $66.6K | $138.8K | |||
| Deposits | $64.0K | $156.2K | |||
| Deferred offering costs | $489.6K | ||||
| Total other assets | $130.7K | $787.0K | |||
| Total assets | $50.3M | $32.4M | |||
| Short-term bank borrowings | $7.8M | $2.5M | |||
| Accounts payable | $110.0K | $608.2K | |||
| Other payables and accrued liabilities | $597.7K | $876.7K | |||
| Tax payable | $9.9M | $7.9M | |||
| Current maturity of long-term bank borrowing | $2.9K | ||||
| Current maturities of loans from other financial institutions | $384.2K | $333.0K | |||
| Operating lease liabilities, current | $5.1K | ||||
| Total current liabilities | $19.3M | $13.9M | |||
| Long-term bank borrowings | $2.9M | ||||
| Long-term loans from other financial institutions | $502.4K | $144.7K | |||
| Total other liabilities | $3.4M | $144.7K | |||
| Total liabilities | $22.6M | $14.0M | |||
| Shares subscription receivables | -$1.2K | -$1.2K | |||
| Additional paid-in capital | $7.2M | $3.0M | |||
| Statutory reserves | $895.7K | $895.7K | |||
| Retained earnings | $19.9M | $15.9M | |||
| Accumulated other comprehensive loss | -$303.1K | -$1.4M | |||
| Total shareholders equity | $27.6M | $18.4M | $15.7M | $12.1M | |
| Total liabilities and shareholders equity | $50.3M | $32.4M | |||
| Ordinary shares, par value (in Dollars per share) | $0.00 | ||||
| Ordinary shares, shares issued (in Shares) | 6.7M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $4.0M | $3.2M | $4.0M |
| Loss on disposals of property and equipment | $12.2K | $43.6K | $52.7K |
| (Recovery of) Provision for credit loss | -$277.8K | $108.4K | -$87.6K |
| Amortization of right-of-use assets and interest of lease liabilities | $2.4K | $12.3K | $40.1K |
| Loss on disposal on subsidiaries | $852.0K | ||
| Depreciation for property and equipment | $489.4K | $390.3K | $551.1K |
| Deferred income tax (benefits) expense | $74.8K | -$5.7K | $21.9K |
| Accounts receivable | $10.3M | -$2.0M | -$5.7M |
| Prepayments | -$31.6M | -$5.2M | $981.5K |
| Other receivables | $1.6M | -$1.9M | -$1.0M |
| Deposits | -$613.0K | $52.9K | -$29.7K |
| Accounts payable | -$323.4K | -$635.6K | $259.7K |
| Operating lease liabilities | -$11.6K | -$39.2K | |
| Amount due to related parties | -$2.7K | ||
| Other payables and accrued liabilities | $229.4K | $100.0K | -$7.5K |
| Receipt in advance | $3.8M | ||
| Tax payables | $1.9M | $2.0M | $2.0M |
| Net cash provided by (used in) operating activities | -$9.5M | -$4.0M | $933.5K |
| Purchases of equipment | -$4.5M | -$4.3K | -$12.2K |
| Loss of disposal of subsidiaries | -$48.5K | ||
| Loans to third parties | -$4.9M | -$1.0M | |
| Collection from loans to related parties | $2.0M | ||
| Proceeds from disposal of equipment | $4.9K | $24.2K | $6.6K |
| Net cash (used in) provided by investing activities | -$9.4M | $995.8K | -$5.5K |
| Proceeds from short-term bank borrowings | $8.0M | $2.8M | $3.4M |
| Repayment of short-term bank borrowings | -$2.9M | -$2.5M | -$2.9M |
| Proceeds from short-term borrowings from guarantor | $251.5K | ||
| Proceeds from long-term bank borrowings | $2.8M | ||
| Repayment of long-term bank borrowings | -$91.0K | ||
| Loans from other financial institution | $938.5K | $326.2K | $1.4M |
| Repayments of loans from other financial institutions | -$545.1K | -$774.5K | -$589.5K |
| Receive investment funds | $6.4M | ||
| Advanced from related parties | $7.8M | $4.8M | $264.0K |
| Repayments to related parties | -$2.3M | -$1.8M | -$2.4M |
| Net cash provided by (used in) financing activities | $20.2M | $3.0M | -$937.0K |
| Effect of exchange rate change on cash | -$54.7K | -$80 | -$2.9K |
| Net decrease in cash and restricted cash | $1.2M | $84.0K | -$11.9K |
| Interest paid | $263.3K | $182.9K | $154.0K |
| Income tax paid | $169.7K | $66.8K | $27.5K |
| Proceeds from disposal of revenue equipment collected by a related party | $26.1K | $6.9K | $32.8K |
| Purchase of revenue equipment paid by a related party | $20.4K | $123.9K | $46.0K |
| Offset between a related party and receipt in advance | $796.2K | ||
| Offset between amounts due from related parties and amounts due to related parties | $9.6K | $1.7M | $1.1M |
| Offset between related parties and prepayment to suppliers | $7.8M | $2.8M | |
| Proceeds from disposal of subsidiaries | $1.4M | ||
| Borrowings from a related party to pay deferred offering cost | $9.6K | $67.4K | $109.6K |
| Offset between prepayment and receipts in advance | $3.0M |
No quarter-by-quarter statement was filed.
What it owns
What Haoxin Holdings 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 |
|---|---|---|---|
| Property and equipment, before depreciation | $8.5M2 Dec 31, 2025 | $5.5M2 Dec 31, 2024 | +54.0% |
| Accumulated depreciation | $4.2M2 Dec 31, 2025 | $5.0M2 Dec 31, 2024 | −16.7% |
| Property and equipment, net | $4.4M2 Dec 31, 2025 | $535.0K2 Dec 31, 2024 | +713.3% |
| Operating-lease assets (leased space) | $2.4K2 Dec 31, 2024 | $14.5K5 Dec 31, 2023 | −83.4% |
Investments
Leadership
Who has led Haoxin Holdings Ltd, and when. Pick a name to see everywhere that person has worked.
Board members and other officers (3)
- Board memberMikael Charette Apr 9, 2026 to now6
- Board memberRohit Phansalkar Aug 18, 2026 to now7
- Board memberMengzhi Wang Aug 27, 2026 to now8
Filings
66 filings to the SEC since October 2021: 2 annual reports, 3 insider forms, 61 other. The latest 20:
- Sep 8, 2026424B3 PROSPECTUS EDGAR
- Sep 1, 2026EFFECT EDGAR
- Aug 27, 20263 PRIMARY DOCUMENT EDGAR
- Aug 25, 2026F-1 REGISTRATION STATEMENT EDGAR
- Aug 18, 20263 PRIMARY DOCUMENT EDGAR
- Jul 28, 2026DRS EDGAR
- Jul 24, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jun 4, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Apr 30, 202620-F ANNUAL REPORT EDGAR
- Apr 9, 20263 PRIMARY DOCUMENT EDGAR
- Dec 30, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Dec 17, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Dec 4, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Dec 4, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Apr 30, 202520-F ANNUAL REPORT EDGAR
- Apr 16, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Apr 16, 2025424B4 PROSPECTUS EDGAR
- Apr 14, 2025CERT EDGAR
- Apr 14, 20258-A12B FOR REGISTRATION OF CERTAIN CLASSES EDGAR
- Mar 31, 2025EFFECT 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.
SEC filer profile
How Haoxin Holdings Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARHaoxin Holdings Ltd1
- CIK0001936817
- Filer statusNon-accelerated filer an emerging growth company; not a shell company4
- Incorporated inCayman Islands4
- Fiscal year endsDecember 311
- Industry code (SIC)4210 Trucking & Courier Services (No Air)1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business addressRoom 329-1, 329-2, No. 1 Xingye Yi Road, Ningbo Free Trade Zone, Ningbo, F4 3158071
- Phone01186 5748786 59951
- Shares outstanding7,200,000 Common Class A shares; 4,800,000 Common Class B shares as of Dec 31, 20254
- AuditorPKF Littlejohn LLP, London, United Kingdom PCAOB ID 2814; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceSep 9, 20221
- Filings66 in all: F-1/A (14), CORRESP (12), UPLOAD (12), 6-K (7), 3 (3), 20-F (2), DRS (2), DRS/A (2)1
All 16 form types
DRSLTR (2), EFFECT (2), F-1 (2), FWP (2), 424B3 (1), 424B4 (1), 8-A12B (1), CERT (1)
- Latest filingsAnnual report (20-F) Apr 30, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class A Ordinary shares, par value $0.0001 per share | HXHX | Nasdaq Stock Market LLC |
From the cover page of the 20-F filed Apr 30, 2026 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6SEC EDGARMikael Charette, Board member
- 7SEC EDGARRohit Phansalkar, Board member
- 8SEC EDGARMengzhi Wang, Board member