YHGJHIGH SIGNALFINANCIAL10-K

YHGJ shows severe financial deterioration with operating losses more than doubling, revenue declining 12.5%, debt spiking 44%, and cash reserves plummeting 56%.

The company is experiencing a dangerous combination of declining revenue and exploding losses, suggesting fundamental operational challenges. The massive debt increase alongside shrinking cash reserves creates significant liquidity concerns and potential covenant breach risks.

Comparing 2026-03-23 vs 2025-04-15View on EDGAR →
FINANCIAL ANALYSIS

YHGJ's financial position deteriorated dramatically across all key metrics, with operating income falling from -$612K to -$2.0M while revenue dropped 12.5% to $56.2M, indicating severe margin compression. The balance sheet shows alarming stress with cash declining 56% to just $97K while debt surged 44% to $7.0M, and stockholders' equity eroded 20% as losses mounted. Despite the operational cash flow improving from deeply negative levels, the overall picture signals a company in financial distress with mounting losses, shrinking revenues, and a potentially unsustainable capital structure.

FINANCIAL STATEMENT CHANGES
Operating Income
P&L
-235%
-$612K-$2.0M

Operating income deteriorated sharply — investigate whether driven by one-time charges or structural cost issues.

Operating Cash Flow
Cash Flow
+86.5%
-$1.3M-$172K

Operating cash flow surged 86.5% — exceptional cash generation, highest quality earnings signal.

Net Income
P&L
-68.8%
-$1.5M-$2.5M

Net income declined 68.8% — review whether driven by operations, interest costs, or non-recurring items.

Cash & Equivalents
Balance Sheet
-55.9%
$220K$97K

Cash declined 55.9% — significant cash burn or deployment; verify adequacy of remaining liquidity runway.

Capital Expenditure
Cash Flow
+49.8%
$221K$331K

Capital expenditure jumped 49.8% — major investment cycle underway; assess returns on deployment.

Total Debt
Balance Sheet
+44.2%
$4.9M$7.0M

Debt increased 44.2% — substantial leverage increase; assess whether deployed for growth or covering losses.

Interest Expense
P&L
+39.6%
$450K$628K

Interest expense surged 39.6% — significant debt increase or rising rates materially impacting earnings.

Stockholders Equity
Balance Sheet
-20.1%
$10.7M$8.6M

Equity decreased 20.1% — buybacks or losses reducing book value, monitor solvency ratios.

Revenue
P&L
-12.5%
$64.3M$56.2M

Revenue softened 12.5% — monitor whether this is cyclical or structural.

Total Assets
Balance Sheet
-12.2%
$25.6M$22.5M

Total assets contracted 12.2% — asset sales, write-downs, or balance sheet optimization underway.

LANGUAGE CHANGES
NEW — 2026-03-23
PRIOR — 2025-04-15
ADDED
The 2025 Proxy Statement, or an amendment to this Form 10-K, will be filed with the SEC within 120 days after December 31, 2025.
7A Quantitative and Qualitative Disclosures Regarding Market Risk 19 Item No.
10 Directors and Executive Officers of the Registrant 20 Item No.
13 Certain Relationships and Related Transactions 30 Item No.
14 Principal Accounting Fees and Services 30 Part IV Item No.
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REMOVED
The 2024 Proxy Statement, or an amendment to this Form 10-K, will be filed with the SEC within 120 days after December 31, 2024.
7A Quantitative and Qualitative Disclosures Regarding Market Risk 20 Item No.
10 Directors and Executive Officers of the Registrant 21 Item No.
13 Certain Relationships and Related Transactions 31 Item No.
14 Principal Accounting Fees and Services 31 Part IV Item No.
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