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Stocks · Industrials · General Industrial Machinery & Equipment, NEC

Hongli Group Inc.

HLP Clue Score39
Cayman Islands CIK 0001855557
$2.82 +6.82% Close, 13 Oct 2026
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Price $2.82 +86.75% Close, 13 Oct 2026

Closing prices at the end of each trading day, from 14 Jul 2026. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2020Revenue11.2Operating income2.5Net income2.4EPS, diluted0.24Fiscal year 2021Revenue21.7 +94.6%Operating income3.9Net income3.2 +32.1%EPS, diluted0.32Fiscal year 2022Revenue20.3 −6.6%Operating income2.9Net income2.9 −8.4%EPS, diluted0.29Fiscal year 2023Revenue16.0 −21.1%Operating income1.0Net income0.9 −70.5%EPS, diluted0.07Fiscal year 2024Revenue14.1 −11.8%Operating income−1.6Net income−1.9 −317.6%EPS, diluted−0.11Fiscal year 2025Revenue19.6 +39.0%Operating income2.4Net income1.9EPS, diluted0.03
FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 11.2 21.7 20.3 16.0 14.1 19.6
Growth +94.6% −6.6% −21.1% −11.8% +39.0%
Operating income 2.5 3.9 2.9 1.0 −1.6 2.4
Net income 2.4 3.2 2.9 0.9 −1.9 1.9
Growth +32.1% −8.4% −70.5% −317.6%
EPS, diluted 0.24 0.32 0.29 0.07 −0.11 0.03

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2020Gross margin39.9%Operating margin22.1%Net margin21.7%Free cash flow margin21.5%Fiscal year 2021Gross margin35.3%Operating margin18.1%Net margin14.7%Free cash flow margin0.6%Fiscal year 2022Gross margin34.6%Operating margin14.4%Net margin14.5%Free cash flow margin−12.9%Fiscal year 2023Gross margin32.8%Operating margin6.4%Net margin5.4%Free cash flow margin3.6%Fiscal year 2024Gross margin32.0%Operating margin−11.2%Net margin−13.3%Free cash flow margin−3.2%Fiscal year 2025Gross margin32.5%Operating margin12.4%Net margin9.9%Free cash flow margin3.4%
FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 39.9% 35.3% 34.6% 32.8% 32.0% 32.5%
Operating margin 22.1% 18.1% 14.4% 6.4% −11.2% 12.4%
Net margin 21.7% 14.7% 14.5% 5.4% −13.3% 9.9%
Free cash flow margin 21.5% 0.6% −12.9% 3.6% −3.2% 3.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2020Operating cash flow3.0Capital expenditure−0.6Free cash flow2.4Fiscal year 2021Operating cash flow1.1Capital expenditure−1.0Free cash flow0.1 −94.4%Fiscal year 2022Operating cash flow2.5Capital expenditure−5.1Free cash flow−2.6 −2,031.7%Fiscal year 2023Operating cash flow0.9Capital expenditure−0.3Free cash flow0.6Fiscal year 2024Operating cash flow−0.4Capital expenditure−0.0Free cash flow−0.4 −176.7%Fiscal year 2025Operating cash flow0.9Capital expenditure−0.2Free cash flow0.7
FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 3.0 1.1 2.5 0.9 −0.4 0.9
Capital expenditure −0.6 −1.0 −5.1 −0.3 −0.0 −0.2
Free cash flow 2.4 0.1 −2.6 0.6 −0.4 0.7
Growth −94.4% −2,031.7% −176.7%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash and securitiesTotal debt
Fiscal year 2020Cash and securities1.4Shareholders’ equity8.0Fiscal year 2021Cash and securities0.5Total debt5.7Net cash (debt)−5.2Shareholders’ equity11.5Debt to equity0.49Fiscal year 2022Cash and securities2.1Total debt26.3Net cash (debt)−24.2Shareholders’ equity13.5Debt to equity1.95Fiscal year 2023Cash and securities0.8Total debt9.1Net cash (debt)−8.3Shareholders’ equity21.1Debt to equity0.43Fiscal year 2024Cash and securities0.9Total debt9.9Net cash (debt)−9.0Shareholders’ equity53.5Debt to equity0.18Fiscal year 2025Cash and securities1.8Total debt11.5Net cash (debt)−9.7Shareholders’ equity57.8Debt to equity0.20
FY2020FY2021FY2022FY2023FY2024FY2025
Cash and securities 1.4 0.5 2.1 0.8 0.9 1.8
Total debt n/a 5.7 26.3 9.1 9.9 11.5
Net cash (debt) n/a −5.2 −24.2 −8.3 −9.0 −9.7
Shareholders’ equity 8.0 11.5 13.5 21.1 53.5 57.8
Debt to equity n/a 0.49 1.95 0.43 0.18 0.20

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
39.9% 35.3% 34.6% 32.8% 32.0% 32.5%
22.1% 18.1% 14.4% 6.4% −11.2% 12.4%
23.9% 16.0% 15.8% 5.8% −13.3% 11.1%
21.7% 14.7% 14.5% 5.4% −13.3% 9.9%
21.5% 0.6% −12.9% 3.6% −3.2% 3.4%
Spending
5.8% 6.8% 7.0% 6.0% 5.8% 5.1%
17.8% 17.1% 20.2% 26.4% 43.3% 10.3%
5.2% 4.6% 25.1% 1.9% 0.2% 1.1%
9.0% 7.6% 8.7% 7.3% n/a 10.5%
Returns
30.2% 27.9% 21.8% 4.1% −3.5% 3.4%
n/a 14.7% 8.1% 2.7% −2.9% 2.7%
Balance and payout
n/a 0.49 1.95 0.43 0.18 0.20
n/a 47.4% 62.7% 34.3% 17.7% 19.9%