Haoxin Holdings vs Toppoint Holdings
Haoxin Holdings is the larger business, with $33.0m of revenue in fiscal 2025 against $16.5m for Toppoint Holdings (2.0 times as much). Haoxin Holdings grew faster (29.2% against 3.2%). Haoxin Holdings kept more of each dollar of sales as profit: a net margin of 12.0% against -44.4%. Toppoint Holdings carries less debt relative to equity (12.0% against 38.6%).
| Latest fiscal year | Haoxin HoldingsHXHX, 2025 | Toppoint HoldingsTOPP, 2025 |
|---|---|---|
| Revenue | $33.0m | $16.5m |
| Revenue growth | 29.2% | 3.2% |
| Net income | $4.0m | −$7.3m |
| Operating margin | 23.6% | -44.6% |
| Net margin | 12.0% | -44.4% |
| Return on equity | 17.3% | -131.6% |
| Free cash flow | −$14.0m | −$2.1m |
| Cash | $1.4m | $1.2m |
| Total debt | $10.7m | $1.0m |
| Debt to equity | 38.6% | 12.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $2.2m | $2.8m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |