Filing Flows › Hong Yuan Holding (HGYN) › Q4 2025
Hong Yuan Holding (HGYN) Q4 2025 earnings results (fourth quarter 2025)
10-K filed May 8, 2026
Hong Yuan Holding (HGYN) reported revenue of $226K for the fourth quarter 2025 (Q4 2025), -2% from a year earlier and -13% from the quarter before. Operating margin was 18.9%, net earnings $39K (17.4% of revenue).
Hong Yuan Holding, Q4 2025: revenue $226K (-2% year over year), operating margin 18.9%, net earnings $39K, operating cash flow $382. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $226K | -13% | -2% |
| Gross profit | $149K | -16% | +78% |
| Operating profit | $43K | -23% | +81% |
| Net earnings | $39K | -19% | +95% |
| Operating cash flow | $382 | — | -93% |
What changed
Revenue was $226K in Q4 2025, down 2% year over year and down 13% from the previous quarter.
Gross margin was 66.2%, up 29.8 points from Q4 2024. Operating profit was $43K, a 18.9% margin (up 8.7 points year over year). Operating expenses grew 77% against a revenue fall of 2%. The fastest-growing cost line was Other operating costs (+138%). Net earnings were $39K, up 95% year over year. The effective tax rate was 6.2%.
Operating cash flow was $0K (down 93% year over year), 1% of net income including minority interests. Non-cash charges added back $1K of depreciation. Working capital and other items used $41K.
Questions
What was Hong Yuan Holding's revenue in the fourth quarter 2025?
Hong Yuan Holding (HGYN) reported revenue of $226K for the fourth quarter 2025 (Q4 2025), -2% from a year earlier and -13% from the quarter before.
Was Hong Yuan Holding profitable in the fourth quarter 2025?
Operating profit was $43K (18.9% of revenue) and net earnings $39K.
Source: Hong Yuan Holding 10-K on SEC EDGAR.