HLP
Hongli Group Inc. Ordinary Shares
NASDAQ: HLP · BASIC MATERIALS · STEEL
$0.90
+7.82% today
Updated 2026-05-05
Market cap
$66.89M
P/E ratio
17.90
P/S ratio
4.00x
EPS (TTM)
$0.05
Dividend yield
—
52W range
$1 – $2
Volume
0.2M
Hongli Group Inc. Ordinary Shares (HLP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenue | $9.29M | $11.16M | $21.71M | $20.28M | $16.00M | $14.11M |
| Revenue growth (YoY) | — | +20.1% | +94.6% | -6.6% | -21.1% | -11.8% |
| Cost of revenue | $5.30M | $6.71M | $14.06M | $13.27M | $10.75M | $9.59M |
| Gross profit | $3.99M | $4.45M | $7.65M | $7.01M | $5.25M | $4.52M |
| Gross margin | 43.0% | 39.9% | 35.3% | 34.6% | 32.8% | 32.0% |
| R&D | $325086.00 | $643958.00 | $1.47M | $1.41M | $962963.00 | $818315.00 |
| SG&A | $1.11M | $1.98M | $3.72M | $2.00M | $2.51M | $4.56M |
| Operating income | $2.88M | $2.47M | $3.94M | $2.92M | $1.02M | $-1.58M |
| Operating margin | 31.0% | 22.1% | 18.1% | 14.4% | 6.4% | -11.2% |
| EBITDA | $3.48M | $3.62M | $4.66M | $4.31M | $2.62M | $-463812.00 |
| EBITDA margin | 37.4% | 32.4% | 21.5% | 21.2% | 16.4% | -3.3% |
| EBIT | $2.88M | $2.93M | $3.96M | $3.65M | $1.58M | $-1.41M |
| Interest expense | $256156.00 | $372546.00 | $537521.00 | $244005.00 | $643000.00 | $466386.00 |
| Income tax | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $2.08M | $2.42M | $3.20M | $2.93M | $864722.00 | $-1.88M |
| Net income growth (YoY) | — | +16.6% | +32.1% | -8.4% | -70.5% | -317.6% |
| Profit margin | 22.4% | 21.7% | 14.7% | 14.5% | 5.4% | -13.3% |