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China Foods Holdings Ltd.

CIK: 13106302 Annual ReportsLatest: 2025-04-14

10-K / April 14, 2025

Revenue:$233,339
Income:-$455,571

10-K / April 16, 2024

Revenue:$158,475
Income:-$403,700

10-K / April 14, 2025

Company Summary: China Foods Holdings Ltd.

Business Overview

China Foods Holdings Ltd. (CFOO) is a health and wellness company primarily operating in China. The company develops, markets, promotes, and distributes a broad range of health-related products and services, with a focus on enhancing immunity and general wellbeing.

Products & Services

  • Healthcare Products:

    • Nutrition Catering: Healthy meals and food catering based on traditional Chinese medicine principles.
    • Special Health Food: Functional health foods supporting active lifestyles.
    • Health Supplements: Dietary supplements aligned with traditional Chinese medicine principles, including ingredients like resveratrol, anthocyanin, and superoxide enzymes.
    • Skincare: Beauty and skincare products, including facial masks.
    • Wine: High-end imported wines, with Puerto Rican and French varieties sourced and labeled through partnerships, and personalized procurement strategies.
  • Services:

    • Healthcare and Wellness Consulting: Personalized health advisory services.
    • Natural Food Supplement Solutions: Tailor-made consultation for natural supplements.
    • Lifestyle & Wellness Events: Nutrition clubs, weight-loss training camps, health assessments, and fitness training.

Market & Industry

  • The company operates within the Great Health Industry which includes medical products, health supplements, nutritional foods, medical devices, health appliances, fitness, health management, and consulting.
  • The industry in China is large, with an estimated size exceeding USD 2.22 trillion in 2024 and projected to reach USD 2.43–2.57 trillion by 2025, growing at approximately 10.6% annually through 2030.

Key Operational Details

  • Customers & Regions: All major customers are located in China and Hong Kong. Major customers in 2024 included one with 43% of revenue (account of receivable: 43%) and others making up 11% and 19%, totaling 73% of revenue from three key customers.
  • Employees: The document does not specify the total number of employees.
  • Revenue:
    • For fiscal year 2024: $233,339
    • For fiscal year 2023: $158,475
  • Net Income / Loss:
    • 2024: Net loss of $455,571
    • 2023: Net loss of $403,700

Revenue Breakdown (2024)

  • Consulting services: $19,524
  • Healthcare products sales: $106,024
  • Wine products sales: $107,791

Financial & Operational Highlights

  • The company operates through a combination of online (e-commerce partnerships on platforms like Tmall, JD.com, TikTok, WeChat, Xiaohongshu) and offline channels (distributors and physical store-in-shop setups).
  • The company emphasizes product expansion, market share growth, supply chain efficiency, and customer feedback integration.
  • As of April 11, 2025, there were approximately 20.25 million shares issued and outstanding, with around 231 shareholders of record.
  • The company is heavily reliant on its main shareholders for ongoing financial support and expects to continue incurring losses with no current plans to pay dividends.