High-Trend International Group (HTCO)
Charters vessels to move dry-bulk cargo under voyage contracts.
Something off on this page? Send us feedback.
Sells voyage-based dry-bulk freight transportation and a smaller set of vessel services through the Topsheen companies, earning primarily from freight on chartered vessels. Operations center on Asian customers and depend heavily on a related-party vessel supplier and shipping-market economics.
Operates voyage-based dry-bulk ocean freight transportation and vessel services through the Topsheen companies. Cargoes include iron ore, manganese ore, grain and coal, with a recently announced expansion toward lithium-resource transportation. Most revenue comes from Asian customers, while regular routes span Africa, Asia and the Americas.
Charters most of the capacity it deploys rather than owning a conventional fleet, coordinating more than 50 vessels annually. Freight revenue depends on the spread between customer charges and charter hire, fuel, port and other voyage costs, amid highly competitive and cyclical shipping markets.
Sources much of its vessel capacity from Topsheen Shipping Limited, controlled by former executive Dong Zhang. Ocean freight supplies substantially all reported revenue, while marine-carbon and digital-carbon-asset services remain under viability examination. Class B shares carry enhanced voting rights and certain major actions require majority Class B-holder consent.
Company facts
Categories
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Apr 30, 2026Cash & short-term investments $17.3M · Total debt $67.1K · Total assets $33.8M · Shareholders' equity $6.0M
- Revenue
- $137.5M
- Operating income
- −$2.3M
- Net income
- −$4.6M
No dividends on record.
| Institutions6 holders · as of Mar 31, 2026 | 1.01% | 85.3K shares | |
| Insiders3 holders · as of Mar 23, 2026 | 27.94% | 2.36M shares | |
| Otherremainder | 71.05% | 5.99M shares |
8.43M company shares as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
The share count has not been confirmed by a second filing; stakes use it as it stands.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Jinyu ChangInsiderdirector, 10 percent owner | 27.50% | 2.22M · 100,000 | Form 4filed Mar 4, 2026 ↗ |
HRT Financial LPInstitution | 0.45% | 37,768 | 13Fas of Mar 31, 2026 |
UBS Group AGInstitution | 0.37% | 31,221 | 13Fas of Mar 31, 2026 |
Christopher RennInsiderdirector | 0.26% | 22,280 | Form 4filed Mar 23, 2026 ↗ |
Jane Street Group, LLCInstitution | 0.19% | 16,264 | 13Fas of Mar 31, 2026 |
| See all 9 → | |||
13F — a manager's quarterly holdings · Form 4 — an insider's transaction report
Insider tradesForm 4
Nothing filed in the last 12 months.
- Star Bulk Carriers
Largest-scale worldwide dry-bulk freight overlap.
- Genco Shipping & Trading
Global dry-bulk carrier with overlapping cargoes and voyage logistics.
- Diana Shipping
Global dry-bulk fleet contesting core commodity transport demand.
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| High-Trend International Group | $2.51 | +3.93% | $20.2M | — | — | 0.1 | — |
| Star Bulk Carriers | $31.82 | +0.06% | $3.55B | 12.5 | 7.1 | 3.0 | +15.0% |
| Genco Shipping & Trading | $27.31 | +1.19% | $1.18B | 29.8 | 12.7 | 2.7 | +14.0% |
| Diana Shipping | $3.00 | 0.00% | $371.9M | 6.2 | 8.6 | 1.7 | +4.8% |
| Median | 12.5 | 8.6 | 2.7 | +14.0% |