Reported Earnings • Feb 01
Full year 2025 earnings released: US$0.098 loss per share (vs US$0.01 profit in FY 2024) Full year 2025 results: US$0.098 loss per share (down from US$0.01 profit in FY 2024). Revenue: US$62.9m (down 15% from FY 2024). Net loss: US$1.40m (down US$1.53m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. New Risk • Sep 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (US$19.0m market cap). Reported Earnings • Aug 08
First half 2025 earnings released: EPS: US$0.01 (vs US$0.056 in 1H 2024) First half 2025 results: EPS: US$0.01 (down from US$0.056 in 1H 2024). Revenue: US$29.4m (down 21% from 1H 2024). Net income: US$145.9k (down 82% from 1H 2024). Profit margin: 0.5% (down from 2.2% in 1H 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has fallen by 61% per year, which means it is performing significantly worse than earnings. Reported Earnings • Jan 31
Full year 2024 earnings released Full year 2024 results: Revenue: US$74.3m (down 12% from FY 2023). Net income: US$137.4k (down 96% from FY 2023). Profit margin: 0.2% (down from 3.9% in FY 2023). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$1.62, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 17x in the Metals and Mining industry in the US. Total loss to shareholders of 95% over the past three years. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to US$2.44, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 14x in the Metals and Mining industry in the US. Total loss to shareholders of 43% over the past three years. Reported Earnings • Aug 12
First half 2024 earnings released: EPS: US$0.056 (vs US$0.10 in 1H 2023) First half 2024 results: EPS: US$0.056 (down from US$0.10 in 1H 2023). Revenue: US$37.1m (down 2.3% from 1H 2023). Net income: US$804.5k (down 44% from 1H 2023). Profit margin: 2.2% (down from 3.8% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. New Risk • Jul 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (US$33.5m market cap). Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to US$3.05, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 13x in the Metals and Mining industry in the US. Total loss to shareholders of 35% over the past three years. Board Change • May 01
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jiancong Huang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Feb 01
Huadi International Group Co., Ltd. announced delayed 20-F filing On 01/31/2024, Huadi International Group Co., Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC. Reported Earnings • Sep 04
First half 2023 earnings released: EPS: US$0.10 (vs US$0.001 loss in 1H 2022) First half 2023 results: EPS: US$0.10 (up from US$0.001 loss in 1H 2022). Revenue: US$38.0m (up 3.2% from 1H 2022). Net income: US$1.44m (up US$1.45m from 1H 2022). Profit margin: 3.8% (up from 0% in 1H 2022). New Risk • Aug 20
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 34% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Profit margins are more than 30% lower than last year (2.5% net profit margin). Shareholders have been diluted in the past year (7.7% increase in shares outstanding). Market cap is less than US$100m (US$53.5m market cap). Annonce • Aug 08
Huadi International Group Co., Ltd., Annual General Meeting, Aug 31, 2023 Huadi International Group Co., Ltd., Annual General Meeting, Aug 31, 2023, at 22:00 US Eastern Standard Time. Location: No. 1688 Tianzhong Street, Longwan District, Wenzhou Zhejiang Province China Agenda: To consider The election of five directors, each to serve a term expiring at the Annual Meeting of Shareholders in 2024 or until their successors are duly elected and qualified; to consider the ratification of the appointment of HTL CPA’S and Business Advisors LLC (“HTL”) as the independent registered public accounting firm of Huadi International Group Co., Ltd. (the “Company”) for the fiscal year ending September 30, 2023; and to consider the transaction of any other business properly coming before the meeting. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$4.82, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 12x in the Metals and Mining industry in the US. Total loss to shareholders of 79% over the past year. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to US$5.63, the stock trades at a trailing P/E ratio of 41.7x. Average trailing P/E is 12x in the Metals and Mining industry in the US. Total loss to shareholders of 80% over the past year. Buying Opportunity • May 01
Now 60% undervalued Over the last 90 days, the stock is up 1.3%. The fair value is estimated to be US$14.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has declined by 56%. Board Change • May 01
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Qin Li was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Feb 01
Huadi International Group Co., Ltd. announced delayed 20-F filing On 01/31/2023, Huadi International Group Co., Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 19% share price gain to US$6.25, the stock trades at a trailing P/E ratio of 47.2x. Average trailing P/E is 7x in the Metals and Mining industry in the US. Total loss to shareholders of 60% over the past year. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$4.54, the stock trades at a trailing P/E ratio of 34.3x. Average trailing P/E is 7x in the Metals and Mining industry in the US. Total loss to shareholders of 85% over the past year. Annonce • Dec 10
Huadi International Group Co., Ltd. Announces Executive Changes On December 8, 2022, Ms. Qin Li tendered her resignation as the chief financial officer of Huadi International Group Co., Ltd. . Ms. Qin Li’s resignation was not a result of any disagreement with the Company’s operations, policies or procedures. On December 8, 2022, approved by the board of directors, the nominating committee and the compensation committee, Mr. Jianping Xiang was appointed as the chief financial officer of the company, effective December 8, 2022. The biographical information of Mr. Jianping Xiang: Mr. Jianping Xiang has about two decades of experience serving as the Chief Financial Officer of Huadi Steel Group Limited. He is responsible for supervising and managing the accounting department of Huadi Steel Group Limited. He worked as the Chief Executive Officer of Wenzhou Jianeng Printing Equipment Co., Ltd. from January 2014 to December 2016, during which he was responsible for expansion of market, decision making and review of audit reports. He had been a Managing Accountant of Huadi Steel Group Limited from January 2002 to December 2002, during which he was responsible for budget controlling and contract management. He had been an Assisting Accountant of Huadi Steel Group Limited from September 1999 to December 2001, during which he was responsible for preparation of audit reports and compliance of auditing rules according to PRC law. Mr. Xiang holds a certificate for Intermediate Accountant in PRC since 1999. Mr. Xiang graduated with a master’s degree in Business Administration in Finance from Universidad Catolica San Antonio in 2022 and a bachelor’s degree in Accounting from Jiangxi University of Finance and Economics in 1998. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment deteriorated over the past week After last week's 24% share price decline to US$6.57, the stock trades at a trailing P/E ratio of 49.6x. Average trailing P/E is 6x in the Metals and Mining industry in the US. Total loss to shareholders of 67% over the past year. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment deteriorated over the past week After last week's 26% share price decline to US$7.08, the stock trades at a trailing P/E ratio of 53.4x. Average trailing P/E is 6x in the Metals and Mining industry in the US. Total loss to shareholders of 62% over the past year. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Chairman & CEO Huisen Wang was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annonce • Nov 10
Huadi International Group Co., Ltd. has completed a Follow-on Equity Offering in the amount of $25 million. Huadi International Group Co., Ltd. has completed a Follow-on Equity Offering in the amount of $25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,000,000
Price\Range: $25
Discount Per Security: $1.5
Transaction Features: Registered Direct Offering Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment deteriorated over the past week After last week's 72% share price decline to US$8.65, the stock trades at a trailing P/E ratio of 65.3x. Average trailing P/E is 7x in the Metals and Mining industry in the US. Total loss to shareholders of 69% over the past year. Buying Opportunity • Nov 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 26%. The fair value is estimated to be US$16.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has declined by 48%. Reported Earnings • Sep 30
First half 2022 earnings released: US$0.001 loss per share (vs US$0.058 profit in 1H 2021) First half 2022 results: US$0.001 loss per share (down from US$0.058 profit in 1H 2021). Revenue: US$36.8m (up 23% from 1H 2021). Net loss: US$9.1k (down 101% from profit in 1H 2021). Profit margin: 0% (down from 2.1% in 1H 2021). The decrease in margin was driven by higher expenses. Board Change • May 01
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Chairman of the Board Di Wang was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Feb 04
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: US$70.2m (up 19% from FY 2020). Net income: US$2.53m (down 24% from FY 2020). Profit margin: 3.6% (down from 5.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment deteriorated over the past week After last week's 23% share price decline to US$3.31, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 12x in the Metals and Mining industry in the US. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 31% share price gain to US$4.41, the stock trades at a trailing P/E ratio of 35.6x. Average trailing P/E is 12x in the Metals and Mining industry in the US. Reported Earnings • Aug 29
First half 2021 earnings released: EPS US$0.058 (vs US$0.27 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: US$29.9m (up 17% from 1H 2020). Net income: US$635.9k (down 76% from 1H 2020). Profit margin: 2.1% (down from 10% in 1H 2020). Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment deteriorated over the past week After last week's 31% share price decline to US$3.01, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 13x in the Metals and Mining industry in the US. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improved over the past week After last week's 17% share price gain to US$5.50, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 16x in the Metals and Mining industry in the US. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment deteriorated over the past week After last week's 20% share price decline to US$4.46, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 17x in the Metals and Mining industry in the US. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS US$0.33 (vs US$0.27 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$59.1m (down 9.7% from FY 2019). Net income: US$3.32m (down 38% from FY 2019). Profit margin: 5.6% (down from 8.2% in FY 2019). The decrease in margin was driven by lower revenue. Annonce • Mar 04
Huadi International Group Co., Ltd. Receives $1.95 Million Stainless Pipe Order Contracts Huadi International Group Co., Ltd. (“HUDI” or the “Company”) announced the Company has been awarded RMB 12.45 million (approximately $1.95 million) stainless pipe order contracts after winning bids for two chemical-related projects. HUDI will supply stainless pipes with a total value of RMB 9.74 million for a pyrolysis initiation project of Yulin Chemical Co., Ltd. of Shaanxi Coal and Chemical Industry Group Co., Ltd. (SHCCIG Yulin Chemical Co., Ltd.). The project involves construction of pulverized coal pyrolysis system with 1.2 million tons capacity per year, catalyst preparation facility with 35,000 tons capacity per year, suspension bed hydrogenation facility with 500,000 tons capacity per year and so on. HUDI will also supply RMB 2.71 million worth of stainless pipes to Jiangsu Zhongneng Silicon Industry Technology Development Co., Ltd., a leading silicon and chemical components manufacturer under the Hong Kong-listed GCL-Poly Energy Holdings Limited in China for its cold hydrogenation project. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment deteriorated over the past week After last week's 18% share price decline to US$5.10, the stock is trading at a trailing P/E ratio of 16.9x, down from the previous P/E ratio of 20.7x. This compares to an average P/E of 18x in the Metals and Mining industry in the US. Annonce • Jan 24
Huadi International Group Co., Ltd. has completed an IPO in the amount of $25 million. Huadi International Group Co., Ltd. has completed an IPO in the amount of $25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,125,000
Price\Range: $8
Discount Per Security: $0.6