iFresh Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 3.77
Dividend & YieldN/A$ (N/A)
Beta -1.86
Market capitalization 1M
Operating cash flow -2.55M
ESG Scores unknown

Company description

iFresh Inc., through its subsidiaries, operates a network of grocery supermarket chains in the north-eastern United States. It operates through Wholesale and Retail segments. The company provides vegetables, seafood, meat, fruits, snacks, seasonings, and spices, such as peanut oil, cooking wine, vinegar, dark soy sauce, black bean sauce, pepper oil, and chilly oil; tea, condiments, canned goods, flour products, marine food products, candies groceries, traditional Chinese medicine, health products, and dried food; rice and rice products; assortment of noodles, frozen vegetables, frozen dumplings, frozen seafood products, and aquatic products; and cooking utensils. Its brand portfolio includes Family Elephant, Feiyan, Green Acre, Golden Smell, Redolent, and I FRESH. The company also distributes its products to wholesale stores, retail supermarkets, and restaurants. As of August 10, 2020, it operated nine retail supermarkets and two in-house wholesale businesses. The company offers its products through online sales channels and delivery network in suburban areas. iFresh Inc. was founded in 1995 and is headquartered in Long Island City, New York.

Sector: Consumer Defensive - Industry: Grocery Stores

Financial Ratios
Quick Ratio0.18
Working Capital0.29
Return On Equity1.37
Debt To Equity-0.01
Fixed Asset Ratio0.02
Fixed Interest Cover-4.5

Financial data

Financial Statements

Cashflow Statement 2017-03-31 2018-03-31 2019-03-31 2020-03-31
Change To Liabilities 1.81M 3.32M -908.32k -2.99M
Total Cashflows From Investing Activities -13.9M -1.8M 913.13k -2.67M
Net Borrowings 10.89M 2.45M 3.77M -1.58M
Total Cash From Financing Activities 9.97M 2.45M 7.86M 3.23M
Change To Operating Activities 3.32M -3.3M 848.85k -7.13M
Issuance Of Stock 4.08M 4.08M 4.08M 1.31M
Net Income 1.2M -791.29k -12M -8.29M
Change In Cash 2M -1.91M 407.18k -296.15k
Effect Of Exchange Rate
Total Cash From Operating Activities 5.92M -2.56M -8.36M -861.79k
Depreciation 1.74M 2.05M 2.32M 10.05M
Change To Account Receivables -457.48k -2.63M 641.98k 495.21k
Other Cashflows From Financing Activities -912.5k
Change To Netincome -166.22k 70.5k 1.83M 2.74M
Capital Expenditures -6.75M -3.88M -3.89M -2.83M

Income Statement 2017-03-31 2018-03-31 2019-03-31 2020-03-31
Research Development
Income Before Tax 2.85M -893.48k -11.44M -8.47M
Net Income 1.2M -791.29k -12M -8.29M
Selling General Administrative 26.09M 30.74M 31.9M 25.04M
Gross Profit 27.88M 28.99M 20.39M 16.83M
Ebit 1.8M -1.74M -11.51M -8.21M
Operating Income 1.8M -1.74M -11.51M -8.21M
Interest Expense -303.89k -817.23k -1.31M -1.82M
Income Tax Expense 1.66M -102.19k 567.52k -186.19k
Total Revenue 130.88M 136.69M 125.43M 89.45M
Cost Of Revenue 102.99M 107.69M 105.04M 72.62M
Total Other Income ExpenseNet 1.06M 851.27k 70.8k -264.44k
Net Income From Continuing Ops 1.2M -791.29k -12M -8.29M
Net Income Applicable To Common Shares 1.2M -791.29k -12M -8.29M

Balance Sheet Statement 2017-03-31 2018-03-31 2019-03-31 2020-03-31
Total Liabilities 40.11M 43.48M 48.13M 101.81M
Total Stockholder Equity 5.9M 5.47M -1.03M -6.05M
Other Current Liabilities 6.81M 3.11M 3.73M 4.9M
Total Assets 46.01M 48.94M 47.1M 99.26M
Common Stock 1.41k 1.42k 1.67k 1.87k
Other Current Assets
Retained Earnings -3.17M -3.96M -15.97M -24.25M
Treasury Stock
Cash 2.55M 640.91k 1.05M 751.94k
Total Current Liabilities 21.36M 36.78M 40.83M 42.67M
Other Stockholder Equity
Property, Plant, and Equipment 15.47M 17.82M 20.29M 77.36M
Total Current Assets 16.02M 18.38M 19.21M 14.03M
Net Tangible Assets 4.6M 4.3M -2.07M -6.95M
Net Receivables 2.27M 4.9M 4.03M 3.41M
Accounts Payable 12.36M 15.56M 14.18M 10.67M


Insider Transactions

Here are the insider transactions of stock shares related to iFresh Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
WALDER JAY NSale at price 1.01 - 1.04 per share.D2019-05-01Director3k
WALDER JAY NSale at price 1.22 per share.D2019-04-09Director1k
WALDER JAY NSale at price 1.17 per share.D2019-04-02Director1k
WALDER JAY NSale at price 1.19 per share.D2019-03-15Director1k
YI LONGStock Award(Grant) at price 0.00 per share.D2019-02-20Chief Financial Officer30k
DENG LILLYSale at price 0.85 per share.I2019-02-08Officer, Director and Beneficial Owner8.29M
DENG LONGSale at price 0.85 per share.D2019-02-08Chief Executive Officer8.29M
FANG MARK CStock Award(Grant) at price 1.09 per share.D2019-01-08Director6k
WALDER JAY NStock Award(Grant) at price 1.09 per share.D2019-01-08Director6k
DENG LILLYSale at price 2.50 per share.I2018-08-02Officer, Director and Beneficial Owner655k
DENG LONGSale at price 2.50 per share.D2018-08-02Chief Executive Officer655k
DENG LILLYSale at price 5.79 per share.I2018-06-14Officer, Director and Beneficial Owner897.36k
DENG LONGSale at price 5.79 per share.D2018-06-14Chief Executive Officer897.36k
HE XINStock Award(Grant) at price 0.00 per share.D2018-03-30Chief Financial Officer300k
YOU JIANMINGStock Award(Grant) at price 0.00 per share.D2018-03-30Director8k
FANG MARK CStock Award(Grant) at price 0.00 per share.D2018-03-30Director6k
DENG LILLYSale at price 12.10 per share.I2017-09-20Officer, Director and Beneficial Owner150k
DENG LONGSale at price 12.10 per share.D2017-09-20Chief Executive Officer150k
DENG LILLYConversion of Exercise of derivative security at price 8.93 per share.I2017-08-15Officer, Director and Beneficial Owner224k
DENG LONGConversion of Exercise of derivative security at price 8.93 per share.D2017-08-15Chief Executive Officer224k
DENG LILLYStock Award(Grant) at price 0.00 per share.I2017-07-13Officer, Director and Beneficial Owner50k
DENG LONGStock Award(Grant) at price 0.00 per share.D2017-07-13Chief Executive Officer50k
DENG LILLYSale at price 12.15 per share.I2017-06-16Officer, Director and Beneficial Owner20k
DENG LONGSale at price 13.73 per share.D2017-05-22Chief Executive Officer20k
DENG LILLYPurchase at price 13.24 per share.I2017-05-10Officer, Director and Beneficial Owner56k
DENG LONGPurchase at price 13.24 per share.D2017-05-10Chief Executive Officer56k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to iFresh Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on iFresh Inc

Here is the result of two systematic investment strategies applied to iFresh Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on iFresh Inc

The following chart shows the equity curve of the two systematic investment strategies applied to iFresh Inc:

iFresh Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -12.76% on the backtest period.

Performance at glance

Performance

-12.76 %

Latent gain

-223.36 $

Invested capital

1750.23 $

Annualized return

-3.11 %
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Momentum strategy results on iFresh Inc

This is the result of two momentum investment strategies applied to iFresh Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on iFresh Inc

The following chart shows all the entries opened by the momentum investment system on iFresh Inc:

iFresh Inc momentum entries
  • The first momentum investment strategy would give -15.48% of return on iFresh Inc. That represents -928.46$ of latent gain with 5998.64$ of employed capital.
  • The second momentum investment strategy would give -8.22% of return on iFresh Inc. That represents -246.38$ of latent gain with 2998.5$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-15.48 %

Latent gain

-928.46 $

Invested capital

5998.64 $

Annualized return

67.63 %
Performance at glance (2Q Momentum)

Performance

-8.22 %

Latent gain

-246.38 $

Invested capital

2998.5 $

Annualized return

-2.27 %

Momentum equity curve on iFresh Inc

The following chart shows the equity curve of the two momentum strategies applied to iFresh Inc:

iFresh Inc momentum equity

Note: the dividends potentially given by iFresh Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on iFresh Inc

The following chart shows the employed capital evolution of the two momentum strategies on iFresh Inc since the beginning:

iFresh Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on iFresh Inc

Buy the dip entry openings on iFresh Inc

iFresh Inc

The performance achieved by the robo-advisor on iFresh Inc is 142.02%. That represents 355.03$ of latent gain with 249.99$ of employed capital. The following chart shows iFresh Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of iFresh Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

142.02 %

Latent gain

355.03 $

Invested capital

249.99 $

Annualized return

67.63 %

Equity curve of the strategy applied to iFresh Inc

The following chart shows the result of the investment strategy applied to iFresh Inc:

iFresh Inc

Note: the dividends potentially given by iFresh Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on iFresh Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on iFresh Inc:

iFresh Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on iFresh Inc

In this section, I will compare the three previous investment strategies applied to iFresh Inc.

Equity curve comparison on iFresh Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

iFresh Inc investment strategy comparison

Employed capital comparison on iFresh Inc

iFresh Inc investment comparison

Performance comparison on iFresh Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -12.76% -223.36$ 1750.23$ -3.11%
Momentum 1 quarter -15.48% -928.46$ 5998.64$ -4.01%
Momentum 2 quarters -8.22% -246.38$ 2998.5$ -2.27%
Non-directional 142.02% 355.03$ 249.99$ 67.63%
Annualized return comparison

Automatic investment

-3.11 %

Momentum 1Q

-2.27 %

Momentum 2Q

-2.27 %

Non-directional

67.63 %

Correlated stocks

Here are the most positively and negatively correlated stocks with iFresh Inc:

Positive correlations

Most correlated stocks this year

  • iFresh Inc

  • Most correlated stocks last 3 months

  • iFresh Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • Cohen & Steers Inc
  • MEGA URANIUM LTD.
  • Impinj Inc
  • Janus Henderson Group plc
  • Southern Company
  • SABANA REIT
  • BMO MSCI EU HQ HCAD IDX ETF
  • TWC ENTERPRISES LIMITED

  • Note: The algorithm computes the probability of correlation between iFresh Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of iFresh Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name iFresh Inc
    Country United States
    City Long Island City
    Address 2-39 54th Avenue
    Phone 718 628 6200
    Website www.ifreshmarket.com
    FullTime employees 276
    Industry Grocery Stores
    Sector Consumer Defensive
    Exchange XNAS
    Ticker IFMK
    Market www.nasdaq.com

    iFresh Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown