Estados financieros detallados de HUHUTECH International Group Inc. Ordinary Shares (HUHU): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
HUHUTECH International Group Inc. Ordinary Shares registró ingresos de $21.4M en el último ejercicio fiscal, con un CAGR de 5 años del 36.7%.
Márgenes de los últimos 12 meses: margen bruto 31.0%, margen operativo -79.5%, margen neto -80.9%.
Al precio actual de $4.06, HUHU presenta beneficios negativos (P/E no significativo) y un ROE del -33.61%. La capitalización bursátil es de $104M.
Cuenta de Resultados (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $4.5M | $10.2M | $11.4M | $16.7M | $18.1M | $21.4M |
| Coste de Ventas | $2.4M | $7.1M | $7.8M | $11.3M | $11.6M | $14.3M |
| Beneficio Bruto | $2.1M | $3.1M | $3.5M | $5.4M | $6.6M | $7.1M |
| I+D | $182282 | $677580 | $1.2M | $1.3M | $2.9M | $898642 |
| Generales y Administrativos | $515805 | $960214 | $1.4M | $1.9M | $5.2M | $23.2M |
| Gastos Operativos | $698087 | $1.6M | $2.6M | $3.2M | $8.1M | $24.1M |
| Beneficio Operativo | $1.4M | $1.4M | $912360 | $2.2M | -$1.6M | -$17.1M |
| EBITDA | $1.4M | $1.8M | $1.2M | $2.9M | -$1.5M | -$16.5M |
| Gastos por Intereses | $15630 | $35007 | $51985 | $72197 | $113657 | $118124 |
| Beneficio Antes de Impuestos | $1.4M | $1.6M | $964316 | $2.6M | -$1.7M | -$17.0M |
| Impuestos | $316239 | $252605 | $34307 | $255570 | $274399 | $302992 |
| Beneficio Neto | $1.1M | $1.4M | $930009 | $2.3M | -$1.9M | -$17.3M |
| BPA | $0.05 | $0.07 | $0.04 | $0.11 | $-0.10 | $-0.10 |
| BPA Diluido | $0.05 | $0.07 | $0.04 | $0.11 | $-0.10 | $-0.10 |
| Acciones en Circulación (Diluidas) | $21.1M | $21.1M | $21.1M | $21.1M | $20.2M | $24.1M |
Cuenta de Resultados (Trimestral)
| Año | 2024-Q2 | 2024-Q4 | 2025-Q2 | 2025-Q4 |
|---|
| Ingresos | $8.9M | $9.3M | $1.4M | $1.6M |
| Beneficio Bruto | $3.1M | $3.4M | $399217 | $525423 |
| Beneficio Operativo | $1.2M | -$2.8M | -$1.2M | -$1.2M |
| EBITDA | $1.5M | -$2.7M | -$1.2M | -$1.2M |
| Beneficio Neto | $849328 | -$2.8M | -$1.2M | -$1.2M |
| BPA | $0.04 | $-0.14 | $-0.38 | $-0.05 |
| BPA Diluido | $0.04 | $-0.14 | $-0.38 | $-0.05 |
Balance (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $155240 | $75059 | $1.4M | $2.7M | $3.1M | $4.4M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | $27906 | 0 |
| Cuentas por Cobrar | $1.7M | $5.2M | $6.1M | $8.7M | $9.9M | $10.0M |
| Inventario | $355007 | $540652 | $213042 | $530048 | $1.3M | $1.1M |
| Activos Corrientes | $2.7M | $6.5M | $9.5M | $12.3M | $14.6M | $17.2M |
| Inmovilizado Material | $587880 | $606119 | $550954 | $1.8M | $5.2M | $4.4M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | $27 | $229294 | $168880 | $124679 | $79985 | $45115 |
| Activos Totales | $3.6M | $7.9M | $10.9M | $15.1M | $20.2M | $22.4M |
| Cuentas por Pagar | $798022 | $2.6M | $3.0M | $4.5M | $4.5M | $5.4M |
| Deuda a Corto | $459770 | $1.2M | $2.5M | $1.8M | $6.0M | $4.1M |
| Pasivos Corrientes | $2.6M | $5.0M | $7.3M | $9.2M | $13.3M | $13.0M |
| Deuda a Largo | 0 | 0 | 0 | 0 | $260299 | $1.9M |
| Pasivos Totales | $2.6M | $5.0M | $7.3M | $9.3M | $13.7M | $14.9M |
| Reservas | -$331532 | $937660 | $1.8M | $4.0M | $2.0M | -$15.3M |
| Patrimonio Neto | $980792 | $2.9M | $3.6M | $5.8M | $6.5M | $7.4M |
| Deuda Total | $463698 | $1.2M | $2.6M | $2.0M | $6.5M | $6.2M |
| Deuda Neta | $308458 | $1.1M | $1.2M | -$723624 | $3.3M | $1.7M |
| Capital Circulante | $92728 | $1.5M | $2.2M | $3.1M | $1.3M | $4.2M |
Balance (Trimestral)
| Año | 2024-Q2 | 2024-Q4 | 2025-Q2 | 2025-Q4 |
|---|
| Caja y Equivalentes | $4.1M | $3.1M | $3.0M | $4.4M |
| Activos Totales | $20.6M | $20.2M | $22.5M | $22.4M |
| Pasivos Totales | $14.3M | $13.7M | $15.5M | $14.9M |
| Patrimonio Neto | $6.3M | $6.5M | $6.9M | $7.4M |
| Deuda Total | $5.8M | $6.5M | $6.4M | $6.2M |
Flujo de Caja (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $1.1M | $1.4M | $930009 | $2.3M | -$1.9M | -$17.3M |
| Amortizaciones | $41238 | $107090 | $158215 | $267413 | $388533 | $444363 |
| Compensación en Acciones | 0 | 0 | 0 | 0 | 0 | $18.4M |
| Cambio en Capital Circulante | -$1.6M | -$2.1M | -$1.2M | $410644 | -$1.2M | $473323 |
| Flujo de Caja Operativo | -$122793 | -$448158 | -$139539 | $3.0M | -$3.0M | $2.9M |
| Inversiones (CapEx) | -$524994 | -$283854 | -$95448 | -$1.2M | -$3.8M | -$169131 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$647787 | -$732012 | -$234987 | $1.8M | -$6.9M | $2.7M |
Flujo de Caja (Trimestral)
| Año | 2024-Q2 | 2024-Q4 | 2025-Q2 | 2025-Q4 |
|---|
| Flujo de Caja Operativo | $303082 | -$3.3M | -$72146 | $479015 |
| Inversiones (CapEx) | -$1.6M | -$2.3M | -$12914 | -$10195 |
| Flujo de Caja Libre | -$1.3M | -$5.6M | -$85060 | $468820 |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | 0 | 0 | 0 | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +126.5% | +12.0% | +47.1% | +8.5% | +18.1% |
| Crecimiento Beneficio Neto (anual) | | +28.6% | -32.1% | +150.9% | -182.7% | -798.2% |
| Crecimiento BPA (anual) | | +28.5% | -32.0% | +148.9% | -186.9% | -4.6% |
| Cambio en Acciones (anual) | | +0.0% | +0.0% | +0.0% | -4.0% | +19.3% |
| Crecimiento FCF (anual) | | -13.0% | +67.9% | +883.3% | -472.7% | +139.8% |
| Margen Bruto | 46.7% | 30.1% | 31.2% | 32.3% | 36.1% | 33.1% |
| Margen Operativo | 31.1% | 14.0% | 8.0% | 12.9% | -8.6% | -79.6% |
| Margen EBITDA | 32.1% | 17.4% | 10.3% | 17.5% | -8.3% | -76.9% |
| Margen Neto | 23.7% | 13.5% | 8.2% | 13.9% | -10.6% | -80.9% |
| Margen FCF | -14.4% | -7.2% | -2.1% | 11.0% | -37.8% | 12.7% |
| Tasa Impositiva Efectiva | 22.9% | 15.6% | 3.6% | 9.9% | -16.6% | -1.8% |
Datos por Acción (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.03 | $-0.03 | $-0.01 | $0.09 | $-0.34 | $0.11 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $21.1M | $21.1M | $21.1M | $21.1M | $20.2M | $24.1M |
Qué mirar en Industrials
Aeroespacial, defensa, maquinaria, transporte. Semi-cíclicos. Clave: backlog, márgenes operativos, y conversión de FCF.
- Crecimiento ingresos 5y — Sin crecimiento, no hay creación de valor a largo plazo
- Margen operativo — El mejor indicador de disciplina operativa en industriales
- ROIC — Industriales de calidad tienen ROIC >15% — el resto destruyen capital
- FCF conversion — FCF / Net Income — en industriales bueno >85%
- Deuda neta / EBITDA — Industriales cíclicos con deuda alta sufren mucho en recesión
- Capex / Ingresos — Mantener la maquinaria. <4% = posible infraversión (deterioro futuro)
- Altman Z-Score — Modelo de bankruptcy (NYU 1968) — combina liquidez, apalancamiento y rentabilidad. Clave en cíclicos
Rentabilidad
| Rentabilidad sobre capital | -33.61% |
| Rentabilidad sobre capital invertido | -17.46% |
| Rentabilidad sobre activos | -10.79% |
| Margen bruto | 30.99% |
| Margen operativo | -79.53% |
| Margen neto | -80.86% |
Salud financiera
| Deuda / Patrimonio | 0.83 |
| Ratio corriente | 1.32 |
| Piotroski F-Score | 4 |
| Altman Z-Score | 7.48 |
Ratios Clave (10 años)
| Año | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 81.23 | 63.23 | 92.99 | 37.36 | -49.58 | -101.00 |
| P/VC | 88.21 | 30.24 | 24.36 | 14.97 | 14.68 | 32.83 |
| P/V | 19.29 | 8.52 | 7.61 | 5.17 | 5.28 | 11.36 |
| Margen Bruto | 46.7% | 30.1% | 31.2% | 32.3% | 36.1% | 33.1% |
| Margen Operativo | 31.1% | 14.0% | 8.0% | 12.9% | -8.6% | -79.6% |
| Margen Neto | 23.7% | 13.5% | 8.2% | 13.9% | -10.6% | -80.9% |