SIREN : 451425813
HONG FA is a French company founded 22 years ago, specialized in the sector Charcuterie. Based in PARIS (75012), this company of category PME shows in 2021 a revenue of 45 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Revenue | 44 965 € | 98 074 € | 140 133 € | 144 418 € | 156 051 € | 165 867 € | 196 002 € |
| Net income | 36 891 € | -13 082 € | 1 817 € | 2 466 € | 1 897 € | 2 829 € | 8 178 € |
| EBITDA | 22 086 € | -28 430 € | 1 886 € | 6 312 € | 2 617 € | 2 501 € | 10 008 € |
| Net margin | 82.0% | -13.3% | 1.3% | 1.7% | 1.2% | 1.7% | 4.2% |
In 2021, HONG FA achieves revenue of 45 k€. Revenue is declining over the period 2015-2021 (CAGR: -21.8%). Significant drop of -54% vs 2020. After deducting consumption (27 k€), gross margin stands at 18 k€, i.e. a rate of 39%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 22 k€, representing 49.1% of revenue. Positive scissor effect: EBITDA margin improves by +78.1 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 37 k€, i.e. 82.0% of revenue. This profit can be retained or distributed to shareholders.
44 965 €
17 703 €
22 086 €
36 891 €
36 891 €
20.3%
The debt ratio (= Financial debt / Equity x 100) stands at 178%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 53%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 4.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 84.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
177.587%
53.338%
84.059%
4.266
50.0%
In 2021, the debt ratio of HONG FA (177.59) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2021, the financial autonomy of HONG FA (53.3%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2021, the repayment capacity of HONG FA (4.27) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 132.40. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
132.397
0.0
In 2021, the liquidity ratio of HONG FA (132.40) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2021, the interest coverage of HONG FA (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 95 days. Excellent situation: suppliers finance 95 days of the operating cycle (retail model). Inventory turnover is 193 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. WCR is negative (-167 days): operations structurally generate cash. Over 2015-2021, WCR increased by +27%, requiring additional financing.
-20 842 €
0 j
95 j
193 j
-167 j
Based on 108 transactions of similar company sales (all years), the value of HONG FA is estimated at 75 868 € (range 37 674€ - 190 430€). With an EBITDA of 22 086€, the sector multiple of 3.6x is applied. The price/revenue ratio is 0.26x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
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This estimate is based on the analysis of 108 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare HONG FA with other companies in the same sector:
The revenue of HONG FA in 2021 is 45 k€.
Yes, HONG FA generated a net profit of 37 k€ in 2021.
The headquarters of HONG FA is located in PARIS (75012), in the department Paris.
The tax return of HONG FA is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).
HONG FA operates in the sector Charcuterie (NAF code 10.13B). See the 'Sector positioning' section above to compare the company with its competitors.