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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenue $ 388,162,281 $ 291,006,698
Cost of revenue 324,953,758 241,441,149
GROSS PROFIT 63,208,523 49,565,549
DISTRIBUTION, SELLING AND ADMINISTRATIVE EXPENSES 54,931,157 41,039,438
INCOME FROM OPERATIONS 8,277,366 8,526,111
Other Income (Expenses)    
Interest income 418,530 493,358
Interest expense and bank charges (1,661,454) (1,372,508)
Other income 532,336 671,389
Total Other Income (Expenses), net (184,988) 317,839
INCOME BEFORE INCOME TAX PROVISION 8,092,378 8,843,950
PROVISION FOR INCOME TAXES 2,197,092 2,490,255
NET INCOME 5,895,286 6,353,695
Less: net income attributable to noncontrolling interest 505,609 67,240
NET INCOME ATTRIBUTABLE TO HF FOODS GROUP INC. $ 5,389,677 $ 6,286,455
Earnings per common share – basic and diluted (in dollars per share) $ 0.22 $ 0.30
Weighted average shares – basic and diluted (in shares) 27,113,288 20,991,004
Third Parties [Member]    
Revenue $ 368,809,865 $ 272,859,695
Cost of revenue 306,370,972 223,694,206
Related Parties [Member]    
Revenue 19,352,416 18,147,003
Cost of revenue 18,582,786 17,746,943
Other Income (Expenses)    
Rental income – related parties $ 525,600 $ 525,600