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iFresh

BST:IFE
Snowflake Description

Moderate growth potential with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IFE
BST
$17M
Market Cap
  1. Home
  2. DE
  3. Consumer Retailing
Company description

iFresh Inc. operates a network of grocery supermarket chains in the north-eastern United States. The last earnings update was 65 days ago. More info.


Add to Portfolio Compare Print
  • iFresh has significant price volatility in the past 3 months.
IFE Share Price and Events
7 Day Returns
0.7%
BST:IFE
0.3%
Europe Consumer Retailing
1.8%
DE Market
1 Year Returns
-83.5%
BST:IFE
1.5%
Europe Consumer Retailing
-6%
DE Market
IFE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
iFresh (IFE) 0.7% -5.6% 3.2% -83.5% - -
Europe Consumer Retailing 0.3% -0.3% 2.2% 1.5% -4.6% -7.6%
DE Market 1.8% 4.2% 7.4% -6% 10.1% 15.4%
1 Year Return vs Industry and Market
  • IFE underperformed the Consumer Retailing industry which returned 1.5% over the past year.
  • IFE underperformed the Market in Germany which returned -6% over the past year.
Price Volatility
IFE
Industry
5yr Volatility vs Market

IFE Value

 Is iFresh undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for iFresh. This is due to cash flow or dividend data being unavailable. The share price is €0.9443.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for iFresh's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are iFresh's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:IFE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.54
NasdaqCM:IFMK Share Price ** NasdaqCM (2019-04-18) in USD $1.07
Europe Consumer Retailing Industry PE Ratio Median Figure of 32 Publicly-Listed Consumer Retailing Companies 19.38x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of iFresh.

BST:IFE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:IFMK Share Price ÷ EPS (both in USD)

= 1.07 ÷ -0.54

-1.98x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • iFresh is loss making, we can't compare its value to the Europe Consumer Retailing industry average.
  • iFresh is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does iFresh's expected growth come at a high price?
Raw Data
BST:IFE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.98x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
76.4%per year
Europe Consumer Retailing Industry PEG Ratio Median Figure of 24 Publicly-Listed Consumer Retailing Companies 1.71x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for iFresh, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on iFresh's assets?
Raw Data
BST:IFE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.14
NasdaqCM:IFMK Share Price * NasdaqCM (2019-04-18) in USD $1.07
Europe Consumer Retailing Industry PB Ratio Median Figure of 41 Publicly-Listed Consumer Retailing Companies 1.58x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.84x
BST:IFE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:IFMK Share Price ÷ Book Value per Share (both in USD)

= 1.07 ÷ 0.14

7.83x

* Primary Listing of iFresh.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • iFresh is overvalued based on assets compared to the Europe Consumer Retailing industry average.
X
Value checks
We assess iFresh's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Retailing industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Retailing industry average (and greater than 0)? (1 check)
  5. iFresh has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

IFE Future Performance

 How is iFresh expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover iFresh, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
76.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is iFresh expected to grow at an attractive rate?
  • iFresh's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • iFresh's earnings growth is expected to exceed the Germany market average.
  • Unable to compare iFresh's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BST:IFE Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:IFE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 76.4%
Europe Consumer Retailing Industry Earnings Growth Rate Market Cap Weighted Average 12%
Europe Consumer Retailing Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:IFE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:IFE Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BST:IFE Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 128 -5 -8
2018-09-30 132 -5 -6
2018-06-30 135 -5 -2
2018-03-31 137 -3 -1
2017-12-31 136 -3 -1
2017-09-30 135 0 0
2017-06-30 133 4 1
2017-03-31 131 6 1
2016-12-31 130 7 2
2016-09-30 130 8 2
2016-06-30 130 8 3
2016-03-31 131 8 4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • iFresh's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if iFresh is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:IFE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from iFresh Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:IFE Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BST:IFE Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.54
2018-09-30 -0.45
2018-06-30 -0.17
2018-03-31 -0.06
2017-12-31 -0.04
2017-09-30 0.03
2017-06-30 0.05
2017-03-31 0.10
2016-12-31
2016-09-30
2016-06-30
2016-03-31 0.30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if iFresh will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess iFresh's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
iFresh has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

IFE Past Performance

  How has iFresh performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare iFresh's growth in the last year to its industry (Consumer Retailing).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • iFresh does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare iFresh's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare iFresh's 1-year growth to the Europe Consumer Retailing industry average as it is not currently profitable.
Earnings and Revenue History
iFresh's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from iFresh Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:IFE Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 127.63 -7.97 31.18
2018-09-30 132.19 -6.45 31.52
2018-06-30 135.25 -2.35 30.68
2018-03-31 136.69 -0.79 30.74
2017-12-31 135.51 -0.52 30.11
2017-09-30 134.57 0.38 28.83
2017-06-30 133.12 0.70 27.39
2017-03-31 130.88 1.20 26.09
2016-12-31 130.10 1.84 23.95
2016-09-30 129.91 2.44 23.02
2016-06-30 129.94 3.17 22.08
2016-03-31 131.23 3.64 20.72
2015-03-31 127.91 0.77 20.17

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if iFresh has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if iFresh has efficiently used its assets last year compared to the Europe Consumer Retailing industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if iFresh improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess iFresh's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Retailing industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
iFresh has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

IFE Health

 How is iFresh's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up iFresh's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • iFresh's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • iFresh's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of iFresh's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from iFresh Company Filings, last reported 3 months ago.

BST:IFE Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2.21 22.53 1.57
2018-09-30 1.17 22.96 0.93
2018-06-30 3.59 23.19 0.56
2018-03-31 5.47 17.54 0.64
2017-12-31 5.30 17.87 0.90
2017-09-30 6.18 17.67 1.02
2017-06-30 6.29 15.46 1.17
2017-03-31 5.90 14.70 2.55
2016-12-31 6.16 14.88 9.03
2016-09-30 5.55 4.58 0.68
2016-06-30 5.29 4.49 0.49
2016-03-31 5.11 4.31 0.55
2015-03-31 1.47 4.94 0.49
  • iFresh's level of debt (1018.5%) compared to net worth is high (greater than 40%).
  • Unable to establish if iFresh's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • iFresh has less than a year of cash runway based on current free cash flow.
  • iFresh has less than a year of cash runway if free cash flow continues to grow at historical rates of 105.6% each year.
X
Financial health checks
We assess iFresh's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. iFresh has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

IFE Dividends

 What is iFresh's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from iFresh dividends.
If you bought €2,000 of iFresh shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate iFresh's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate iFresh's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:IFE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Consumer Retailing Industry Average Dividend Yield Market Cap Weighted Average of 34 Stocks 3.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:IFE Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as iFresh has not reported any payouts.
  • Unable to verify if iFresh's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of iFresh's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as iFresh has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess iFresh's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can iFresh afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. iFresh has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

IFE Management

 What is the CEO of iFresh's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Long Deng
COMPENSATION $738,400
AGE 49
TENURE AS CEO 2.2 years
CEO Bio

Mr. Long Deng has been Executive Chairman, Chief Operating Officer and Chief Executive Officer of iFresh Inc. since February 10, 2017. Mr. Deng is the founder of NYM and has served as Chief Operating Officer for over 20 years since he started the business in 1995. Mr. Deng served as the Sole Director of NYM since 1995, responsible for the strategy, operation and financial planning of NYM. Mr. Deng serves as the President of United States Chinese Chamber of Commerce and Co-Chair of New York State Republican Party’s Finance Committee.

CEO Compensation
  • Long's compensation has increased whilst company is loss making.
  • Long's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the iFresh management team in years:

2.2
Average Tenure
45
Average Age
  • The tenure for the iFresh management team is about average.
Management Team

Long Deng

TITLE
Executive Chairman
COMPENSATION
$738K
AGE
49
TENURE
2.2 yrs

Lilly Deng

TITLE
VP of Legal & Finance and Director
COMPENSATION
$130K
AGE
49
TENURE
2.2 yrs

Mei Deng

TITLE
Vice President of Human Resources
COMPENSATION
$83K
AGE
45
TENURE
2.2 yrs

Long Yi

TITLE
Chief Financial Officer
AGE
40
TENURE
0.3 yrs

Shawn Ren

TITLE
Administration Manager

Richard Xu

TITLE
Vice President of Investor Relations
AGE
41
TENURE
2.2 yrs
Board of Directors Tenure

Average tenure and age of the iFresh board of directors in years:

1.9
Average Tenure
50
Average Age
  • The average tenure for the iFresh board of directors is less than 3 years, this suggests a new board.
Board of Directors

Long Deng

TITLE
Executive Chairman
COMPENSATION
$738K
AGE
49
TENURE
2.2 yrs

Lilly Deng

TITLE
VP of Legal & Finance and Director
COMPENSATION
$130K
AGE
49
TENURE
2.2 yrs

Mark Fang

TITLE
Independent Director
AGE
50
TENURE
1.9 yrs

Jay Walder

TITLE
Independent Director
AGE
57
TENURE
1.1 yrs

Harvey Leibowitz

TITLE
Independent Director
AGE
82
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • iFresh insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
09. Apr 19 Sell Jay Walder Individual 09. Apr 19 09. Apr 19 -1,000 €1.08 €-1,084
02. Apr 19 Sell Jay Walder Individual 01. Apr 19 02. Apr 19 -1,000 €1.05 €-1,046
19. Mar 19 Sell Jay Walder Individual 15. Mar 19 15. Mar 19 -1,000 €1.05 €-1,051
21. Feb 19 Buy HK Xu Ding Co, Limited Company 08. Feb 19 08. Feb 19 8,294,989 €0.75 €6,225,804
12. Feb 19 Sell Long Deng Individual 08. Feb 19 08. Feb 19 -8,294,989 €0.75 €-6,225,804
10. Aug 18 Sell Long Deng Individual 02. Aug 18 02. Aug 18 -655,000 €3.44 €-2,255,820
15. Jun 18 Sell Long Deng Individual 14. Jun 18 14. Jun 18 -897,361 €8.16 €-7,318,652
X
Management checks
We assess iFresh's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. iFresh has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

IFE News

Simply Wall St News

IFE Company Info

Description

iFresh Inc. operates a network of grocery supermarket chains in the north-eastern United States. The company’s chains provide vegetables, seafood, meat, fruits, snacks, seasonings, and other products. It also distributes rice and rice products, and seasonings and spices, as well as assortment of noodles, frozen vegetables, frozen dumplings, and frozen seafood under the Family Elephant, Feiyan, Green Acre, Golden Smell, Redolent, Shuangdeng/Double Lantern, SeaStar, Huang Duan Xiang 1987, and I FRESH brands. In addition, the company offers its products through online shopping and delivery service for customers in suburban areas. As of January 22, 2019, it operated nine retail supermarkets; and two in-house wholesale businesses. The company was founded in 1995 and is headquartered in Long Island City, New York. As of February 8, 2019, iFresh Inc. operates as a subsidiary of HK Xu Ding Co, Limited.

Details
Name: iFresh Inc.
IFE
Exchange: BST
Founded: 1995
$15,497,966
16,357,684
Website: http://www.ifreshmarket.com
Address: iFresh Inc.
2-39 54th Avenue,
Long Island City,
New York, 11101,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM IFMK Ordinary Shares Nasdaq Capital Market US USD 13. Feb 2017
BST IFE Ordinary Shares Boerse-Stuttgart DE EUR 13. Feb 2017
Number of employees
Current staff
Staff numbers
406
iFresh employees.
Industry
Food Retail
Consumer Retailing
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 22:00
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2018/06/29
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.