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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
TOTAL NET REVENUE $ 70,363,798 $ 75,595,876 $ 217,232,084 $ 225,737,037
TOTAL COST OF REVENUE 57,801,111 64,467,449 180,441,598 194,145,322
GROSS PROFIT 12,562,687 11,128,427 36,790,486 31,591,715
DISTRIBUTION, SELLING AND ADMINISTRATIVE EXPENSES 10,385,563 8,645,443 31,725,945 24,030,554
INCOME FROM OPERATIONS 2,177,124 2,482,984 5,064,541 7,561,161
Other Income (Expenses)        
Interest income 333,072 12,812 346,822 16,979
Interest expense and bank charges (270,049) (409,243) (1,024,762) (1,030,523)
Other income 370,678 635,294 918,010 832,683
Total Other Expenses, net 433,701 238,863 240,070 (180,861)
INCOME BEFORE INCOME TAX PROVISION 2,610,825 2,721,847 5,304,611 7,380,300
PROVISION FOR INCOME TAXES 840,147 468,646 1,542,207 476,624
NET INCOME 1,770,678 2,253,201 3,762,404 6,903,676
Less: net income (loss) attributable to non-controlling interest 103,600 277,386 (277,855) 256,132
NET INCOME ATTRIBUTABLE TO HF GROUP HOLDING CORPORATION 1,667,078 1,975,815 4,040,259 6,647,544
NET INCOME 1,770,678 2,253,201 3,762,404 6,903,676
Pro forma adjustment to reflect income tax expenses if taxed under C Corporation (563,216)   (2,367,812)
Less: net income (loss) attributable to non-controlling interest 103,600 277,386 (277,855) 256,132
Net income used to compute pro forma net earnings per share $ 1,667,078 $ 1,412,599 $ 4,040,259 $ 4,279,732
Earnings per common share - basic and diluted (in dollars per share) $ 0.08 $ 0.1 $ 0.2 $ 0.33
Pro Forma earnings per common share - basic and diluted (in dollars per share) $ 0.08 $ 0.07 $ 0.2 $ 0.21
Weighted average shares - basic and diluted (in shares) 21,364,256 19,969,831 20,434,639 19,969,831
Third Parties [Member]        
TOTAL NET REVENUE $ 65,936,159 $ 72,365,230 $ 203,868,014 $ 211,629,726
TOTAL COST OF REVENUE 53,471,081 61,302,115 167,372,145 180,323,210
Related Parties [Member]        
TOTAL NET REVENUE 4,427,639 3,230,646 13,364,070 14,107,311
TOTAL COST OF REVENUE $ 4,330,030 $ 3,165,334 $ 13,069,453 $ 13,822,112