How many subsidiaries does NATURAL HEALTH TRENDS CORP file with the SEC?

16, listed in its most recent exhibit 21. They are incorporated across 12 jurisdictions, led by Canada, Cayman Islands, China. 4 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is NATURAL HEALTH TRENDS CORP financially healthy?

NATURAL HEALTH TRENDS CORP scores 2 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the distress zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of NATURAL HEALTH TRENDS CORP?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are RENAISSANCE TECHNOLOGIES LLC (trimming), BlackRock, Inc. (trimming), GEODE CAPITAL MANAGEMENT, LLC (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

NATURAL HEALTH TRENDS CORP (NHTC)

Nasdaq · Common Stock · Wholesale-Miscellaneous Nondurable Goods

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

16 entities across 12 jurisdictions, 4 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-02-20 — see the exhibit.

Which other public companies file entities in the same places:

Cayman Islands4 China2 Canada1 Hong Kong1 Japan1 Singapore1 Malaysia1 South Korea1 Italy1 Peru1 India1 Colombia1

Subsidiaries of NATURAL HEALTH TRENDS CORP as disclosed in its SEC filing
Entity	Jurisdiction	Note
NHT Global (Canada) Company	Canada
NHTC Holding Company	Cayman Islands	offshore centre
NHTC Trading Company	Cayman Islands	offshore centre
NHT Global Taiwan Company	Cayman Islands	offshore centre
NHT Global CIS Company	Cayman Islands	offshore centre
NHT Global (China) Commodities Co., Ltd.	China
NHT Global (Zhongshan) Cosmetics Co., Ltd.	China
NHT Global Hong Kong Limited	Hong Kong
Natural Health Trends Japan, Inc.	Japan
NHTC Global Singapore Pte. Ltd.	Singapore

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

2 / 8

FAILReturn on assets positiveROA -2.3%
FAILOperating cash flow positiveOCF -6M
FAILReturn on assets improving1.0% → -2.3%
FAILCash flow exceeds earningsOCF -6M vs NI -882000.0
FAILLong-term debt ratio fallingno debt reported
PASSCurrent ratio improving2.45 → 2.50
FAILNo share dilution11M → 11M shares
FAILGross margin improving74.0% → 73.5%
PASSAsset turnover improving0.78× → 1.04×

Altman Z-score

0.51distress

Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$62.1M	$843,000	$1.7M	72.6%	11,424,000
FY2021	$60.0M	$1.1M	$791,000	75.0%	11,424,000
FY2022	$49.1M	$313,000	−$5.0M	74.2%	11,423,000
FY2023	$43.9M	$568,000	−$4.3M	74.6%	11,456,000
FY2024	$43.0M	$572,000	−$3.4M	74.0%	11,490,000

Ownership flow

6 institutions tracked — 1 added, 4 reduced, 1 sold out.

Institutional holders of NATURAL HEALTH TRENDS CORP and their share-count change
Manager	Kind	Shares	Change	Value
BlackRock, Inc.	Index	95,588	−20,546	$169,191
GEODE CAPITAL MANAGEMENT, LLC	Index	88,011	−18,016	$155,816
RENAISSANCE TECHNOLOGIES LLC	Hedge fund	544,077	−11,338	$963,016
CITADEL ADVISORS LLC	Hedge fund	37,888	−6,126	$67,062

Identity

CIK: 0000912061
LEI: 529900WSPRKOOD9HNF27
FIGI: BBG000FCF697
SIC: 5190 · Wholesale-Miscellaneous Nondurable Goods
Incorporated: DE
Headquarters: ROLLING HILLS ESTATES, CA

Ownership

Institutional: 12.2%
Institutions: 27
Insiders: 12.9%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other wholesale-miscellaneous nondurable goods companies

NATURAL HEALTH TRENDS CORP files under SIC 5190 — all 4 wholesale-miscellaneous nondurable goods companies compared on assets and F-score.

CENTRAL GARDEN & PET COCENT Vestis CorpVSTS HYDROFARM HOLDINGS GROUP, INC.HYFM

Questions about NATURAL HEALTH TRENDS CORP

How many subsidiaries does NATURAL HEALTH TRENDS CORP file with the SEC?: 16, listed in its most recent exhibit 21. They are incorporated across 12 jurisdictions, led by Canada, Cayman Islands, China. 4 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is NATURAL HEALTH TRENDS CORP financially healthy?: NATURAL HEALTH TRENDS CORP scores 2 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the distress zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of NATURAL HEALTH TRENDS CORP?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are RENAISSANCE TECHNOLOGIES LLC (trimming), BlackRock, Inc. (trimming), GEODE CAPITAL MANAGEMENT, LLC (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.