Caravelle International Group

HTCO · NASDAQ · Industrials / Marine Shipping

1.76USD+0.06 (+3.53%)

Price History

Full chart

Market Stats

Previous Close1.70

Open1.67

Day Range1.64 – 1.98

52-Week Range1.83 – 56.59

Volume350.43K

Market Cap20.66M

P/E (TTM)0.00

Forward P/E0.00

EPS-1.59

Dividend Yield0.00%

Beta-0.87

50-Day Avg2.83

200-Day Avg6.80

About

High-Trend International Group provides ocean transportation services in Singapore, Dubai, South Korea, Japan, India, and rest of Asia. The company offers shipping and logistics support services. It also provides seaborne transportation services under voyage contracts; vessel services on behalf of ship owners; and heating services. The company was formerly known as Caravelle International Group and changed its name to High-Trend International Group in January 2025. High-Trend International Group was founded in 2021 and is headquartered in Singapore.

Company Details

SectorIndustrials
IndustryMarine Shipping
CEOMr. Shixuan He
Employees18
Headquarters60 Paya Lebar Road, Singapore, Singapore, 409051, USA
Websitehttps://www.htcointl.com

Leadership

Mr. Shixuan HeCEO & Director · b. 1976
Mr. Dong Zhangco-founder · b. 1982
Ms. Zi XiaCFO & Director · b. 1979
Mr. Bo CuiChief Legal Officer
Mr. Shahryar OveissiChief Capital Markets Officer · b. 1979

Financials

Income Statement

Currency: USD	2020-10-31	2021-10-31	2022-10-31	2023-10-31	2024-10-31	2025-10-31
Total Revenue	78.35M	121.96M	185.35M	95.26M	108.18M	214.42M
Growth (%)	-	+55.66%	+51.97%	-48.61%	+13.56%	+98.21%
Cost of Revenue	82.29M	109.01M	158.50M	107.14M	100.08M	207.69M
Gross Profit	-3.94M	12.95M	26.85M	-11.89M	8.10M	6.73M
Gross Margin	-5.03%	10.62%	14.48%	-12.48%	7.49%	3.14%
Operating Expense	1.79M	2.47M	3.27M	3.74M	5.79M	26.64M
Operating Income	-5.73M	10.48M	23.58M	-15.63M	2.31M	-19.91M
Operating Margin	-7.32%	8.59%	12.72%	-16.41%	2.13%	-9.29%
EBITDA	-5.66M	10.42M	23.75M	-15.58M	-21.01M	-19.98M
EBITDA Margin	-7.22%	8.54%	12.81%	-16.35%	-19.43%	-9.32%
Net Income	-3.17M	5.31M	12.23M	-9.33M	-23.60M	-21.46M
Net Income Margin	-4.04%	4.35%	6.60%	-9.80%	-21.81%	-10.01%
Interest Expense	60.26K	122.39K	101.88K	112.02K	90.20K	45.94K
Interest Expense % of Total Revenue	0.08%	0.10%	0.05%	0.12%	0.08%	0.02%

Balance Sheet

Currency: USD	2020-10-31	2021-10-31	2022-10-31	2023-10-31	2024-10-31	2025-10-31
Total Assets	16.23M	27.19M	35.57M	8.43M	29.21M	32.36M
Total Liabilities	22.89M	23.81M	25.55M	15.70M	20.47M	19.76M
Total Equity	-4.83M	583.91K	4.53M	-5.41M	5.36M	7.88M
Cash	8.12M	10.35M	21.57M	2.22M	6.86M	10.14M
Total Debt	9.67M	10.81M	5.62M	5.83M	7.01M	130.66K
Net Debt	1.55M	453.40K	-15.95M	3.61M	149.96K	-10.01M

Cash Flow

Currency: USD	2020-10-31	2021-10-31	2022-10-31	2023-10-31	2024-10-31	2025-10-31
Operating Cash Flow	1.10M	632.49K	33.13M	-17.77M	-3.33M	4.63M
Investing Cash Flow	-301.56K	300.00K	7.42K	-	-	-5.07K
Financing Cash Flow	4.89M	1.31M	-21.91M	-1.58M	7.97M	-1.35M
Capital Expenditure	1.56K	1	0	0	4	5.07K
Free Cash Flow	1.10M	632.49K	33.13M	-17.77M	-3.33M	4.63M
Dividends Paid	0	0	16.95M	902.00K	0	0
FCF to OCF	99.86%	100.00%	100.00%	100.00%	100.00%	99.89%
Dividend Paid to FCF	0.00%	0.00%	51.17%	-5.07%	0.00%	0.00%

Earnings

Report Date	Sep 14, 2021	Nov 16, 2021	Mar 31, 2022	May 16, 2022	Aug 12, 2022	Nov 14, 2022	Feb 27, 2025	Aug 8, 2025	Jan 23, 2026
EPS Estimate	-	-	-	-	-	0.00	0.00	0.00	0.00
EPS Actual	-0.12	-0.61	-0.02	-0.03	-0.02	0.00	-8.80	-2.69	-1.36
Surprise	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap20.66M

Enterprise Value4.41M

Trailing P/E0.00

Forward P/E0.00

Price / Sales0.08

Price / Book3.59

EPS-1.59

Book Value0.882

Revenue (TTM)252.45M

Gross Profit (TTM)6.60M

EBITDA-9.77M

Profit Margin-5.04%

Operating Margin-1.65%

Return on Equity-60.42%

Return on Assets-16.18%

Shares Outstanding8.96M

Shares Float4.19M

Beta-0.87

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Ownership Breakdown

Institutions: 1.53%
Insiders: 34.83%
Retail / Other: 63.64%

Top Institutional Holders

HRT FINANCIAL LLC
37.77K0.42%
UBS Group AG
31.22K0.34%
Jane Street Group LLC
16.26K0.18%
Caitong International Asset Management Co., Limited.
70.00%
Morgan Stanley - Brokerage Accounts
20.00%
SBI Securities Co Ltd
10.00%

Top Fund Holders

Fidelity Nasdaq Composite Index
3.72K0.06%
JHVIT Total Stock Market Index I
1800.00%

Stock Splits

Aug 8, 20251:25