Company research
Hongchang International Co., Ltd
CIK 1086303Updated Sep 25, 2026
SecurityHCIL · OTC · equity
Name history
Heyu Biological Technology Corp · through Nov 14, 2023PACIFIC WEBWORKS INC · through May 15, 2018
HCIL price & chart
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Recent filings
Show 5 more recent filings
10-Q filing
10-KT filing
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 5.03, 9.01
Changes in Registrant's Certifying Accountant · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 4.01, 5.02, 9.01
10-K filing
Financials
FY 2025 · USDSource
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 59,538,093Source | 57,451,227Source | 50,215,568Source | 32,404Source |
| Property, Plant and Equipment, NetUSD | 27,139,534Source | 16,888Source | 3,193Source | — |
| Intangible Assets, Net (Excluding Goodwill)USD | — | — | 3,213Source | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 493,201Source | — | 895,730Source | 11,428Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 2,278,878Source | 52,514Source | 742,851Source | — |
| Inventory, NetUSD | 36,206Source | — | 13,713Source | — |
| Assets, CurrentUSD | 4,033,900Source | 8,126,102Source | 3,960,742Source | 32,404Source |
| Other Assets, NoncurrentUSD | 7,005,938Source | 4,134,357Source | 706,920Source | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 18,460,854Source | 18,677,757Source | 9,727,625Source | 2,005,010Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 518,831Source | 518,831Source | 518,831Source | 1,032,466Source |
| Additional Paid in CapitalUSD | — | — | 39,905,228Source | 17,149,050Source |
| Retained Earnings (Accumulated Deficit)USD | -31,672Source | -1,292,076Source | -812,539Source | — |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -131,400Source | -365,573Source | 876,423Source | -52,298Source |
| Stockholders' Equity Attributable to ParentUSD | 40,262,184Source | 38,767,607Source | 40,487,943Source | -1,757,482Source |
| Additional Paid in Capital, Common StockUSD | 39,905,228Source | 39,905,228Source | — | — |
| Liabilities and EquityUSD | 59,538,093Source | 57,451,227Source | 50,215,568Source | 32,404Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 6,447,590Source | 6,691,706Source | 1,055,203Source | 2,005,010Source |
| Accounts Payable, CurrentUSD | — | — | — | 16,150Source |
| Deferred Income Tax Liabilities, NetUSD | 7,675Source | — | — | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 815,055Source | 5,863Source | — | -215,124Source |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | — | — | 742,851Source | — |
| Accrued Liabilities, CurrentUSD | 841,789Source | 154,416Source | 385,805Source | 285,081Source |
| Long-term Debt, Current MaturitiesUSD | 378,026Source | 235,306Source | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 6,556,390Source | 6,562,928Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | -472,393Source | — | -265,579Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | — | — | 88,173Source | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | — | -677,614Source | 743,377Source | — |
| Increase (Decrease) in InventoriesUSD | — | -13,493Source | 13,723Source | — |
| Increase (Decrease) in Accounts PayableUSD | — | -640,421Source | 645,831Source | — |
| Deferred Income Tax Expense (Benefit)USD | — | -22,303Source | -65,905Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | -7,337,639Source | 750,521Source | -292,300Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | 567,005Source | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | -3,504,356Source | -41,679,473Source | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | 4,021,962Source | — | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | 10,204,753Source | 40,942,007Source | 196,457Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | -655,132Source | 892,589Source | 7,105Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 710,901Source | 240,598Source | 895,730Source | 11,428Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | 316,197Source | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | -17,890Source | 879,534Source | 102,948Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 324Source | 82Source | — |
| DepreciationUSD | — | 3,809Source | 188Source | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | 7.08Source | — |
| General and Administrative ExpenseUSD | — | 560,577Source | 538,902Source | — |
| Impairment of Intangible Assets (Excluding Goodwill)USD | — | 2,837Source | — | — |
| Impairment of Intangible Assets, Finite-livedUSD | — | 2,837Source | — | — |
| Income Tax Expense (Benefit)USD | — | -22,303Source | -65,905Source | — |
| Insured Event, Gain (Loss)USD | — | 147,900Source | — | — |
| Investment Income, InterestUSD | — | 1,155Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | -378,794Source | -265,579Source |
| Nonoperating Income (Expense)USD | — | — | — | 200Source |
| Operating ExpensesUSD | — | 564,958Source | 538,930Source | 317,347Source |
| Proceeds from Contributions from AffiliatesUSD | — | — | 41,241,108Source | — |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 2,867,102Source | 2,675,789Source | 78,953Source | 96,478Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -383,326Source | -469,572Source | -265,779Source | -162,836Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -494,696Source | -444,699Source | -265,579Source | -163,020Source |
| Income Tax Expense (Benefit)USD | -22,303Source | -65,905Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | -378,794Source | -265,579Source | -163,020Source |
| Earnings Per Share, BasicUSD per share | 0Source | 0Source | 0Source | 0Source |
| Earnings Per Share, DilutedUSD per share | 0Source | 0Source | 0Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 518,831,367Source | 450,231,897Source | 1,032,466,000Source | 1,032,466,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 518,831,367Source | 450,231,897Source | 1,032,466,000Source | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 324Source | 82Source | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 90,510Source | — | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | 7.08Source | — | — |
| General and Administrative ExpenseUSD | 560,577Source | 538,902Source | — | — |
| Gross ProfitUSD | 181,632Source | 69,358Source | 51,568Source | 66,163Source |
| Interest Income, OperatingUSD | — | 1,386Source | — | — |
| Investment Income, InterestUSD | 1,155Source | — | — | — |
| Nonoperating Income (Expense)USD | — | — | 200Source | -184Source |
| Operating ExpensesUSD | 564,958Source | 538,930Source | 317,347Source | 228,999Source |
| Other ExpensesUSD | — | 44Source | — | — |
| Other General and Administrative ExpenseUSD | — | — | 316,943Source | 227,715Source |
| Other IncomeUSD | — | 23,531Source | — | — |
| Selling and Marketing ExpenseUSD | 1,544Source | 28Source | — | — |
| Selling ExpenseUSD | — | — | 404Source | — |