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HCIL

For the year ending 2024-12-31, HCIL made $2,867,102 in revenue. -$1,720,336 in net income. Net profit margin of -60.00%.

Overview

Revenue
$2,867,102
Net Income
-$1,720,336
Net Profit Margin
-60.00%
Unit: Dollar

Unit: Dollar
2024-12-31
Net revenue2,867,102
Cost of revenue2,685,470
Gross profit181,632
Sales and marketing expenses1,544
Intangible asset impairment charge2,837
General and administrative expenses560,577
Total operating expenses564,958
Operating loss-383,326
Interest income1,155
Other expenses113,692
Other income1,167
Loss before income taxes-494,696
Income tax benefit-22,303
Net loss-472,393
Foreign currency translation difference net of tax-1,242,080
Total comprehensive (loss) income-1,714,473
Less comprehensive income attributable to non-controlling interest5,863
Comprehensive (loss) income attributable to hongchang international co., ltds common stockholders-1,720,336
Basic eps-
Diluted eps-
Basic average shares518,831,367
Diluted average shares518,831,367
Unit: Dollar

Income Statement

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Comprehensive (loss) incomeattributable to hongchang...-$1,720,336 Less comprehensiveincome attributable to...$5,863 Total comprehensive(loss) income-$1,714,473 Foreign currencytranslation difference net...-$1,242,080 Net loss-$472,393 Income tax benefit-$22,303 Loss before incometaxes-$494,696 Interest income$1,155 Other income$1,167 Net revenue$2,867,102 Operating loss-$383,326 Other expenses$113,692 Gross profit$181,632 Cost of revenue$2,685,470 Total operatingexpenses$564,958 General andadministrative expenses$560,577 Intangible assetimpairment charge$2,837 Sales and marketingexpenses$1,544