HF Foods Group (HFFG)
Supplies Asian restaurants with seafood, meats, specialty ingredients, and restaurant essentials.
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Sells food and non-food supplies to Asian and specialty restaurants through a U.S. distribution network. Revenue comes from categories including seafood, meat and poultry, Asian specialty items, commodities, produce, and packaging, all managed as one reportable segment.
Supplies Asian and specialty restaurants with seafood, meat and poultry, Asian specialty items, commodities, fresh produce, packaging, and other restaurant supplies. The model is distribution and procurement, not branded consumer food manufacturing.
Operates solely in the United States through a refrigerated distribution network that reaches most of the contiguous country. The customer base is centered on independently operated Asian restaurants, with selective expansion into other ethnic and specialty foodservice channels.
Execution depends on sourcing a broad assortment, matching language and cultural needs, and moving chilled and frozen products reliably through warehouses, cross-docks, and vehicles. Public-company context includes a 2018 SPAC reverse-acquisition listing, an acquisition-built footprint, and continuing internal-control material weaknesses disclosed in the latest annual report.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $18.1M · Total debt $208.0M · Total assets $556.6M · Shareholders' equity $206.8M
- Revenue
- $323.8M
- Operating income
- $2.8M
- Net income
- $2.6M
No dividends on record.
| Institutions | 16.21% | 8.74M shares | |
|---|---|---|---|
| 61 holders · as of Jun 30, 2026 | |||
| Insiders | 14.93% | 8.05M shares | |
| 11 holders · as of Jul 7, 2026 | |||
| Other | 68.86% | 37.11M shares | |
| remainder | |||
53.90M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Zhou Min NiInsider10 percent owner | 6.60% | 3.56M | filed May 26, 2026 |
Xiao Mou Zhang1Insiderdirector, officer: Chief Executive Officer | 6.55% | 13.88M | filed Jun 28, 2024 |
Vanguard Capital Management LLCInstitution | 3.24% | 1.75M | as of Jun 30, 2026 |
Zhang Financial LLCInstitution | 1.97% | 1.06M | as of Jun 30, 2026 |
North Star Investment Management Corp.Institution | 1.77% | 952,000 | as of Jun 30, 2026 |
- Xiao Mou Zhang's transaction reports restate only vehicles that traded; the 2019 ownership statement (13.88M) less the 10.35M net shares sold since is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 18, 2026 | Dennis Lam | director | +8,000 | $1.80 |
| Mar 19, 2026 | Dennis Lam | director | +100 | $1.76 |
| Mar 18, 2026 | Christine Chang | officer: Chief Administrative Officer | +4,000 | $1.74 |
| Mar 18, 2026 | Xi Lin | officer: President and CEO | +8,367 | $1.80 |
| Mar 18, 2026 | Paul E. McGarry | officer: CFO | +2,500 | $1.76 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| HF Foods Group | $1.54 | +0.99% | $81.3M | — | 5.4 | 0.1 | +2.8% |
| Sysco | $77.79 | −1.12% | $37.62B | 21.5 | 15.4 | 0.4 | +4.7% |
| US Foods | $94.73 | +0.56% | $20.74B | 29.0 | 18.2 | 0.5 | +4.5% |
| Performance Food Group | $91.42 | −0.84% | $14.48B | 40.3 | 16.3 | 0.2 | +6.4% |
| The Chefs' Warehouse | $108.55 | +0.18% | $4.42B | 51.6 | 38.9 | 1.0 | +12.9% |
| United Natural Foods | $44.61 | −2.73% | $2.78B | 34.1 | 13.4 | 0.1 | −0.7% |
| Costco | $896.28 | −0.35% | $398.87B | 45.2 | 40.8 | 1.4 | +11.6% |
| Median | 37.2 | 17.3 | 0.5 | +5.5% |








