Momentum from solid-state battery pivot and June Sidus MOU drives HLP's 40% surge
No insider trades found for HLP.
Hongli Group Inc., through its affiliated entities, specializes in the engineering, tailoring, production, and distribution of cold roll-formed steel profiles. These precision components are utilized in a variety of machinery and equipment, with a market reach that extends across the People's Republic of China, South Korea, Japan, the United States, and Sweden. The company's products cater to essential sectors such as mining and excavation, construction, agriculture, and transportation. Established in 2021, the firm's corporate headquarters are situated in Weifang, China. Hongli Group Inc. operates as a subsidiary of Hongli Development Limited.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $14.11M | $16.00M | $20.28M | $21.71M | $11.16M | $9.29M |
| Cost of Revenue | $9.59M | $10.75M | $13.27M | $14.06M | $6.71M | $5.30M |
| Gross Profit | $4.52M | $5.25M | $7.01M | $7.65M | $4.45M | $3.99M |
| Gross Margin | 32.04% | 32.79% | 34.55% | 35.25% | 39.90% | 42.95% |
| Operating Expenses | $6.10M | $4.23M | $4.09M | $3.72M | $1.98M | $1.11M |
| Operating Income | $-1.58M | $1.02M | $2.92M | $3.94M | $2.47M | $2.88M |
| Operating Margin | -11.22% | 6.38% | 14.40% | 18.12% | 22.13% | 31.00% |
| Net Income | $-1.88M | $864.72K | $2.93M | $3.20M | $2.42M | $2.08M |
| Net Margin | -13.34% | 5.41% | 14.46% | 14.75% | 21.72% | 22.38% |
| EPS (Basic) | $-0.03 | $0.07 | $0.24 | $0.27 | $0.20 | $0.17 |
| EBITDA | N/A | N/A | N/A | N/A | N/A | N/A |
| Stock Option Compensation Expense | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Earnings Ratio | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | N/A | N/A | N/A | N/A | N/A | N/A |