Filing Flows › Hong Yuan Holding (HGYN) › Q4 2024
Hong Yuan Holding (HGYN) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Jul 3, 2025
Hong Yuan Holding (HGYN) reported revenue of $230K for the fourth quarter 2024 (Q4 2024) and up 2,709-fold from the quarter before. Operating margin was -28.3%, net earnings $23K (10.1% of revenue).
Hong Yuan Holding, Q4 2024: revenue $230K, operating margin -28.3%, net earnings $23K, operating cash flow $6K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $230K | 2,709× | — |
| Operating profit | −$65K | — | — |
| Net earnings | $23K | — | — |
| Operating cash flow | $6K | — | — |
What changed
Revenue was $230K in Q4 2024, up 270820% from the previous quarter.
Gross margin was 36.4%. Operating costs exceeded revenue by $65K, an operating margin of -28.3%. Net earnings were −$68K. The effective tax rate was 0.0%. Non-operating items added $88K, 379% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $6K, 25% of net income including minority interests. Non-cash charges added back $0K of depreciation. Working capital and other items used $18K.
Questions
What was Hong Yuan Holding's revenue in the fourth quarter 2024?
Hong Yuan Holding (HGYN) reported revenue of $230K for the fourth quarter 2024 (Q4 2024) and up 2,709-fold from the quarter before.
Was Hong Yuan Holding profitable in the fourth quarter 2024?
Operating loss was $65K (-28.3% of revenue) and net earnings $23K.
Source: Hong Yuan Holding 10-K on SEC EDGAR.