Hang Feng Technology Innovation Co., Ltd. (FOFO) Balance Sheet
FOFO balance sheet, 2025
December 31, 2025 · U.S. dollars$8.8M assets = $285,104 liabilities + $8.6M equity
Both columns are drawn to the same scale: what FOFO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FOFO financial health
Descriptive bands, not a rating. Fiscal 2025.
FOFO balance sheet trends, 2023–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $426,9532023 | $8.8M2025 | +354.9%/yr | |
| Total liabilities | $3.2M2023 | $285,1042025 | −70.3%/yr | |
| Shareholders’ equity | −$2.8M2023 | $8.6M2025 | — | |
| Cash & short-term investments | $105,6732023 | $7.4M2025 | +738.0%/yr | |
| Working capital | −$3.0M2023 | $7.4M2025 | +$10.4M | |
| Book value per share | −$0.702023 | $1.132025 | — | |
| Shares outstanding | 4.0M2023 | 7.6M2025 | +37.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FOFO assets
FOFO liabilities and equity
FOFO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FOFO balance sheet
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Assets | |||
| Cash & short-term investments | $7.4M | $2.5M | $105,673 |
| Cash & equivalents | $7.4M | $2.5M | $74,898 |
| Short-term investments | — | $0 | $30,775 |
| Receivables | $32,411 | $3.1M | $0 |
| Inventory | $0 | $0 | $0 |
| Other current assets | $188,161 | $152,805 | $138,183 |
| Total current assets | $7.6M | $5.7M | $243,856 |
| Property, plant & equipment (net) | $158,418 | $33,079 | $1,750 |
| Goodwill & intangible assets | $270,071 | $270,795 | $0 |
| Long-term investments | $568,139 | $0 | $0 |
| Other non-current assets | $199,371 | $142,638 | $181,347 |
| Total assets | $8.8M | $6.2M | $426,953 |
| Liabilities | |||
| Accounts payable | $44,771 | $65,314 | $14,970 |
| Deferred revenue | — | $448,253 | — |
| Total current liabilities | $231,754 | $2.1M | $3.2M |
| Long-term debt | $0 | $0 | $0 |
| Lease obligations | $133,762 | $0 | — |
| Other long-term liabilities | $53,350 | $0 | $0 |
| Total liabilities | $285,104 | $2.1M | $3.2M |
| Shareholders' equity | |||
| Common stock & paid-in capital | — | $529 | $400 |
| Retained earnings (deficit) | −$11.5M | −$1.9M | −$2.8M |
| Accumulated other comprehensive income | — | $1,121 | $1,433 |
| Total shareholders' equity | $8.6M | $4.1M | −$2.8M |
| Key figures | |||
| Working capital | $7.4M | $3.6M | −$3.0M |
| Tangible book value | $8.3M | $3.8M | −$2.8M |
| Book value per share | $1.13 | $0.61 | −$0.70 |
| Shares outstanding | 7.6M | 6.7M | 4.0M |
| Current ratio | 32.97 | 2.71 | 0.08 |
| Quick ratio | 32.16 | 2.64 | 0.03 |
| Equity / assets | 96.8% | 65.8% | −655.1% |
| Dec '25 | |
|---|---|
| Assets | |
| Cash & short-term investments | $7.4M |
| Cash & equivalents | $7.4M |
| Receivables | $32,411 |
| Inventory | $0 |
| Other current assets | $188,161 |
| Total current assets | $7.6M |
| Property, plant & equipment (net) | $158,418 |
| Goodwill & intangible assets | $270,071 |
| Long-term investments | $568,139 |
| Other non-current assets | $199,371 |
| Total assets | $8.8M |
| Liabilities | |
| Accounts payable | $44,771 |
| Total current liabilities | $231,754 |
| Long-term debt | $0 |
| Lease obligations | $133,762 |
| Other long-term liabilities | $53,350 |
| Total liabilities | $285,104 |
| Shareholders' equity | |
| Retained earnings (deficit) | −$11.5M |
| Total shareholders' equity | $8.6M |
| Key figures | |
| Working capital | $7.4M |
| Tangible book value | $8.3M |
| Book value per share | $1.13 |
| Shares outstanding | 7.6M |
| Current ratio | 32.97 |
| Quick ratio | 32.16 |
| Equity / assets | 96.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed —); data from EODHD.
FOFO financial position
At the end of fiscal 2025 (December 31, 2025), Hang Feng Technology Innovation had total assets of $8.8 million (up 42.8% from a year earlier), total liabilities of $0.3 million and shareholders' equity of $8.6 million. Its current ratio was 32.97.
Related: FOFO income statement, FOFO cash flow statement, FOFO key metrics. See the FOFO stock overview for the latest quote and news.
FOFO balance sheet FAQ
What are Hang Feng Technology Innovation's total assets?
Hang Feng Technology Innovation reported total assets of $8.8 million at the end of fiscal 2025 (December 31, 2025), compared with $6.2 million a year earlier.
How much cash does Hang Feng Technology Innovation have?
Hang Feng Technology Innovation held $7.4 million in cash and short-term investments at the end of fiscal 2025.
What is Hang Feng Technology Innovation's book value?
Hang Feng Technology Innovation's shareholders' equity (book value) was $8.6 million at the end of fiscal 2025, or $1.13 per share.
What is Hang Feng Technology Innovation's current ratio?
Hang Feng Technology Innovation had current assets of $7.6 million and current liabilities of $0.2 million, a current ratio of 32.97 (it can cover its short-term obligations).
How much goodwill does Hang Feng Technology Innovation have?
Hang Feng Technology Innovation carried $0.3 million of goodwill and intangible assets, 3.1% of total assets, at the end of fiscal 2025.