Huadi International Group Co., Ltd.
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Huadi International Group Co., Ltd.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 10% to $84,332,300. The net income raised on $3,257,722 and profit margin reached 4%. Total operating expenses were $9,244,979.

Profit Margin

Huadi International Group Co., Ltd. (NASDAQ:HUDI): Profit margin
2017 49.40M 9.23M 18.69%
2018 60.38M 5.19M 8.6%
2019 65.51M 5.39M 8.23%
2020 59.13M 3.32M 5.62%
2021 70.24M 2.53M 3.6%
2022 76.36M 1.92M 2.52%
2023 84.33M 3.25M 3.86%

HUDI Income Statement (2017 – 2023)

2023 2022 2021 2020 2019 2018 2017
Revenue
Revenue
84.33M76.36M70.24M59.13M65.51M60.38M49.40M
Cost of revenue
71.97M65.23M58.92M48.47M50.89M47.14M39.72M
Gross profit
12.35M11.13M11.31M10.66M14.62M13.24M9.67M
Operating exp.
Research and development
2.55M2.33M2.05M2.12M1.77M1.44M1.44M
Selling and marketing
157.29K167.45K237.56K104.93K147.36K00
Total operating expenses
9.24M8.78M8.74M6.05M6.24M4.78M4.57M
Operating income
3.11M3.75M4.52M4.46M8.37M8.19M5.09M
Other income (expenses), net
405.48K-1.62M-2.05M-1.02M-1.92M213.89K6.26M
Income before tax
3.51M2.12M2.46M3.57M6.45M6.58M11.35M
Income tax expense
220.85K173.01K-89K218.94K1.00M1.33M2.02M
Net income
3.25M1.92M2.53M3.32M5.39M5.19M9.23M
Earnings per share
Basic EPS
0.230.150.210.240.40.390.68
Diluted EPS
0.230.150.210.240.40.390.68
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