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Side-by-side financial comparison of Himalaya Shipping Ltd. (HSHP) and RICHARDSON ELECTRONICS, LTD. (RELL). Click either name above to swap in a different company.

RICHARDSON ELECTRONICS, LTD. is the larger business by last-quarter revenue ($52.3M vs $29.9M, roughly 1.7× Himalaya Shipping Ltd.). Himalaya Shipping Ltd. runs the higher net margin — 3.7% vs -0.2%, a 3.9% gap on every dollar of revenue. On growth, RICHARDSON ELECTRONICS, LTD. posted the faster year-over-year revenue change (5.7% vs -4.2%).

Himalaya Shipping Ltd. is a global maritime transportation enterprise focused on dry bulk shipping operations. It operates a fleet of modern, fuel-efficient bulk carriers that transport key commodities including iron ore, coal, grain and other bulk raw materials, serving core trade routes across Asia, Europe, and the Americas to support global industrial and agricultural supply chain flows.

The James Richardson Corporation, also going by the name James Richardson Group or JR/Group, is an Australian furniture, hospitality, real estate and retail corporation, headquartered in the Abbotsford suburb of Melbourne, Australia. It is privately owned and employs approximately 2,300 people worldwide. It is perhaps best known among consumers for its duty-free retail stores in airports and border crossings in Australasia and the Middle East. The company is a household name in Israel due to ...

HSHP vs RELL — Head-to-Head

Bigger by revenue
RELL
RELL
1.7× larger
RELL
$52.3M
$29.9M
HSHP
Growing faster (revenue YoY)
RELL
RELL
+9.8% gap
RELL
5.7%
-4.2%
HSHP
Higher net margin
HSHP
HSHP
3.9% more per $
HSHP
3.7%
-0.2%
RELL

Income Statement — Q2 FY2025 vs Q2 FY2026

Metric
HSHP
HSHP
RELL
RELL
Revenue
$29.9M
$52.3M
Net Profit
$1.1M
$-121.0K
Gross Margin
76.3%
30.7%
Operating Margin
45.5%
0.3%
Net Margin
3.7%
-0.2%
Revenue YoY
-4.2%
5.7%
Net Profit YoY
-84.1%
83.9%
EPS (diluted)
$0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HSHP
HSHP
RELL
RELL
Q4 25
$52.3M
Q3 25
$54.6M
Q2 25
$29.9M
Q1 25
$53.8M
Q4 24
$49.5M
Q3 24
$53.7M
Q2 24
$31.2M
Q1 24
$52.4M
Net Profit
HSHP
HSHP
RELL
RELL
Q4 25
$-121.0K
Q3 25
$1.9M
Q2 25
$1.1M
Q1 25
$-2.1M
Q4 24
$-751.0K
Q3 24
$590.0K
Q2 24
$6.9M
Q1 24
$750.0K
Gross Margin
HSHP
HSHP
RELL
RELL
Q4 25
30.7%
Q3 25
31.0%
Q2 25
76.3%
Q1 25
31.0%
Q4 24
31.0%
Q3 24
30.6%
Q2 24
82.1%
Q1 24
29.5%
Operating Margin
HSHP
HSHP
RELL
RELL
Q4 25
0.3%
Q3 25
1.8%
Q2 25
45.5%
Q1 25
-5.1%
Q4 24
-1.3%
Q3 24
0.6%
Q2 24
56.1%
Q1 24
1.9%
Net Margin
HSHP
HSHP
RELL
RELL
Q4 25
-0.2%
Q3 25
3.5%
Q2 25
3.7%
Q1 25
-3.8%
Q4 24
-1.5%
Q3 24
1.1%
Q2 24
22.1%
Q1 24
1.4%
EPS (diluted)
HSHP
HSHP
RELL
RELL
Q4 25
Q3 25
Q2 25
$0.02
Q1 25
Q4 24
Q3 24
Q2 24
$0.16
Q1 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HSHP
HSHP
RELL
RELL
Cash + ST InvestmentsLiquidity on hand
$24.7M
$33.1M
Total DebtLower is stronger
$701.3M
Stockholders' EquityBook value
$159.3M
$158.5M
Total Assets
$871.9M
$201.8M
Debt / EquityLower = less leverage
4.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HSHP
HSHP
RELL
RELL
Q4 25
$33.1M
Q3 25
$35.7M
Q2 25
$24.7M
Q1 25
$36.7M
Q4 24
$26.6M
Q3 24
$23.0M
Q2 24
$21.9M
Q1 24
$18.9M
Total Debt
HSHP
HSHP
RELL
RELL
Q4 25
Q3 25
Q2 25
$701.3M
Q1 25
Q4 24
Q3 24
Q2 24
$725.5M
Q1 24
Stockholders' Equity
HSHP
HSHP
RELL
RELL
Q4 25
$158.5M
Q3 25
$159.4M
Q2 25
$159.3M
Q1 25
$152.9M
Q4 24
$156.2M
Q3 24
$159.1M
Q2 24
$157.2M
Q1 24
$158.6M
Total Assets
HSHP
HSHP
RELL
RELL
Q4 25
$201.8M
Q3 25
$200.1M
Q2 25
$871.9M
Q1 25
$189.8M
Q4 24
$195.2M
Q3 24
$197.9M
Q2 24
$897.3M
Q1 24
$193.6M
Debt / Equity
HSHP
HSHP
RELL
RELL
Q4 25
Q3 25
Q2 25
4.40×
Q1 25
Q4 24
Q3 24
Q2 24
4.61×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HSHP
HSHP
RELL
RELL
Operating Cash FlowLast quarter
$8.3M
$-99.0K
Free Cash FlowOCF − Capex
$-1.7M
FCF MarginFCF / Revenue
-3.3%
Capex IntensityCapex / Revenue
3.1%
Cash ConversionOCF / Net Profit
7.55×
TTM Free Cash FlowTrailing 4 quarters
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HSHP
HSHP
RELL
RELL
Q4 25
$-99.0K
Q3 25
$1.4M
Q2 25
$8.3M
Q1 25
$4.6M
Q4 24
$5.5M
Q3 24
$412.0K
Q2 24
$17.6M
Q1 24
$-2.5M
Free Cash Flow
HSHP
HSHP
RELL
RELL
Q4 25
$-1.7M
Q3 25
$342.0K
Q2 25
Q1 25
$4.1M
Q4 24
$4.9M
Q3 24
$-514.0K
Q2 24
Q1 24
$-2.9M
FCF Margin
HSHP
HSHP
RELL
RELL
Q4 25
-3.3%
Q3 25
0.6%
Q2 25
Q1 25
7.5%
Q4 24
10.0%
Q3 24
-1.0%
Q2 24
Q1 24
-5.6%
Capex Intensity
HSHP
HSHP
RELL
RELL
Q4 25
3.1%
Q3 25
1.9%
Q2 25
Q1 25
1.0%
Q4 24
1.0%
Q3 24
1.7%
Q2 24
Q1 24
0.8%
Cash Conversion
HSHP
HSHP
RELL
RELL
Q4 25
Q3 25
0.72×
Q2 25
7.55×
Q1 25
Q4 24
Q3 24
0.70×
Q2 24
2.55×
Q1 24
-3.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HSHP
HSHP

Segment breakdown not available.

RELL
RELL

Power And Microwave Technologies Group$35.2M67%
Canvys$8.8M17%
Global Energy Solutions$8.3M16%

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