Huineng Technology Corp
HNIT · Services-Computer Processing & Data Preparation · 44.5M shares · +18%/yr ↑ shares · EDGAR filings ↗
Grade
F30Dormant/near-insolvent micro-cap — deep losses (-252%) and near-insolvent liquidity (current ratio 0.59).
Strengths
- n/a — no durable positives
Risks
- Near-insolvent/negligible operations — per metrics
- Going-concern fragility — per 10-K
- Shell-like financials — per 10-K
Notable findings
- Going concernThese conditions raise substantial doubt about the Company’s ability to continue as a going concern
- Net lossNet loss (net margin -246.3%)
- Weak liquidityCurrent ratio 0.59 (<1)
- Chronic dilutionShare count +18%/yr over 1y (dilution)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
100.0%
Operating margin
-251.8%
Net margin
-246.3%
Return on equity
598.6%
Return on assets
-277.1%
Revenue growth (QoQ)
19.1%
Current ratio
0.6×
Tangible book value
-$6K
Cash & investments
$758
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-04-14 | 2026-02-28 | 0001493152-26-016441 ↗ |
| 10-K | 2026-02-27 | 2025-11-30 | 0001493152-26-008238 ↗ |
| 10-Q | 2025-10-15 | 2025-08-31 | 0001493152-25-018080 ↗ |
| 8-K | 2025-08-07 | 2025-08-07 | 0001641172-25-022504 ↗ |
| 10-Q | 2025-07-14 | 2025-05-31 | 0001641172-25-018889 ↗ |
| 10-Q | 2025-04-14 | 2025-02-28 | 0001641172-25-003960 ↗ |
| 8-K | 2025-02-27 | 2025-02-21 | 0001493152-25-008422 ↗ |
| 8-K | 2025-02-21 | 2025-02-20 | 0001493152-25-007792 ↗ |
| 8-K | 2025-02-19 | 2025-01-21 | 0001493152-25-007528 ↗ |
| 8-K | 2025-01-24 | 2025-01-21 | 0001493152-25-003518 ↗ |
| 10-K | 2025-01-23 | 2024-11-30 | 0001493152-25-003324 ↗ |
| 10-Q | 2024-09-11 | 2024-08-31 | 0001493152-24-035714 ↗ |