HONGLI GROUP INC. Financials
HONGLI GROUP INC. (HLP) reported $19.6M in revenue for fiscal year 2025, up 39.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The 2025 rebound is powered by overhead normalization and revenue recovery, while working capital restrains cash conversion.
The rebound is primarily revenue recovery plus overhead normalization, not gross-margin expansion: revenue recovered39.0% in FY2025 while gross margin stayed close to its prior-year level. SG&A was cut67.0% , turning operating income positive; that cost reset explains more of the earnings swing than changes in product-level profitability.
Cash conversion remains partial: FY2025 net income was
The balance sheet is equity-funded: assets reached
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of HONGLI GROUP INC.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
HONGLI GROUP INC. has an operating margin of 12.4%, meaning the company retains $12 of operating profit per $100 of revenue. This results in a moderate score of 44/100, indicating healthy but not exceptional operating efficiency. This is up from -11.2% the prior year.
HONGLI GROUP INC.'s revenue surged 39.0% year-over-year to $19.6M, reflecting rapid business expansion. This strong growth earns a score of 67/100.
HONGLI GROUP INC. carries a low D/E ratio of 0.25, meaning only $0.25 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 71/100, indicating a strong balance sheet with room for future borrowing.
HONGLI GROUP INC.'s current ratio of 1.12 is below the typical benchmark, resulting in a score of 25/100. This tight liquidity could limit financial flexibility if cash inflows slow.
HONGLI GROUP INC. has a free cash flow margin of 3.4%, earning a moderate score of 34/100. The company generates positive cash flow after capital investments, but with room for improvement.
HONGLI GROUP INC.'s ROE of 3.4% shows moderate profitability relative to equity, earning a score of 38/100. This is up from -3.5% the prior year.
HONGLI GROUP INC. scores 4.46, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($90.4M) relative to total liabilities ($14.4M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
HONGLI GROUP INC. passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, HONGLI GROUP INC. generates $0.45 in operating cash flow ($878K OCF vs $1.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
HONGLI GROUP INC. earns $14.75 in operating income for every $1 of interest expense ($2.4M vs $165K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
HONGLI GROUP INC. generated $19.6M in revenue in fiscal year 2025. This represents an increase of 39.0% from the prior year.
HONGLI GROUP INC.'s EBITDA was $3.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 516.5% from the prior year.
HONGLI GROUP INC. reported $1.9M in net income in fiscal year 2025. This represents an increase of 203.3% from the prior year.
Cash & Balance Sheet
HONGLI GROUP INC. generated $661K in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 248.0% from the prior year.
HONGLI GROUP INC. held $1.8M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
HONGLI GROUP INC.'s gross margin was 32.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.5 percentage points from the prior year.
HONGLI GROUP INC.'s operating margin was 12.4% in fiscal year 2025, reflecting core business profitability. This is up 23.6 percentage points from the prior year.
HONGLI GROUP INC.'s net profit margin was 9.9% in fiscal year 2025, showing the share of revenue converted to profit. This is up 23.3 percentage points from the prior year.
HONGLI GROUP INC.'s ROE was 3.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 6.9 percentage points from the prior year.
Capital Allocation
HONGLI GROUP INC. invested $995K in research and development in fiscal year 2025. This represents an increase of 21.5% from the prior year.
HONGLI GROUP INC. invested $217K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 568.9% from the prior year.
Not reported for fiscal year 2025.
HLP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Revenue | $19.6M+39.0% | $14.1M-11.8% | $16.0M-21.1% | $20.3M-6.6% | $21.7M+94.6% | $11.2M |
| Cost of Revenue | $13.2M+37.9% | $9.6M-10.8% | $10.8M-19.0% | $13.3M-5.6% | $14.1M+109.6% | $6.7M |
| Gross Profit | $6.4M+41.1% | $4.5M-13.8% | $5.2M-25.2% | $7.0M-8.4% | $7.7M+71.9% | $4.5M |
| R&D Expenses | $995K+21.5% | $818K-15.0% | $963K-31.8% | $1.4M-3.7% | $1.5M+127.8% | $644K |
| SG&A Expenses | $2.0M-67.0% | $6.1M+44.4% | $4.2M+3.4% | $4.1M+9.9% | $3.7M+87.5% | $2.0M |
| Operating Income | $2.4M+253.7% | -$1.6M-255.2% | $1.0M-65.1% | $2.9M-25.8% | $3.9M+59.4% | $2.5M |
| Interest Expense | $165K+6.1% | $155K-76.1% | $651K+75.3% | $371K+18.3% | $314K+21.5% | $258K |
| Income Tax | $229K+2625.0% | $8K-87.6% | $68K-75.8% | $280K+6.5% | $263K+9.8% | $239K |
| Net Income | $1.9M+203.3% | -$1.9M-317.6% | $865K-70.5% | $2.9M-8.4% | $3.2M+32.1% | $2.4M |
| EPS (Diluted) | $0.03 | -$0.11 | $0.07-75.9% | $0.29-9.4% | $0.32+33.3% | $0.24 |
HLP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Total Assets | $72.2M+11.0% | $65.0M+102.3% | $32.1M-11.2% | $36.2M+65.5% | $21.8M | N/A |
| Current Assets | $16.1M+34.8% | $11.9M+10.3% | $10.8M-23.1% | $14.1M+23.4% | $11.4M | N/A |
| Cash & Equivalents | $1.8M+99.1% | $910K+17.3% | $776K-62.8% | $2.1M+330.4% | $484K-66.2% | $1.4M |
| Inventory | $2.5M-7.9% | $2.7M+13.8% | $2.3M-10.1% | $2.6M-11.9% | $3.0M | N/A |
| Accounts Receivable | $9.3M+59.6% | $5.8M-3.4% | $6.0M-19.1% | $7.4M+48.3% | $5.0M | N/A |
| Total Liabilities | $14.4M+24.7% | $11.5M+4.5% | $11.0M-51.4% | $22.7M+119.1% | $10.4M | N/A |
| Current Liabilities | $14.4M+74.8% | $8.2M+6.9% | $7.7M-38.2% | $12.4M+28.4% | $9.7M | N/A |
| Long-Term Debt | N/A | $3.3M-1.0% | $3.3M-67.1% | $10.1M | N/A | N/A |
| Total Equity | $57.8M+8.1% | $53.5M+153.4% | $21.1M+56.6% | $13.5M+17.3% | $11.5M+42.9% | $8.0M |
| Retained Earnings | $13.7M+16.6% | $11.7M-13.8% | $13.6M+6.8% | $12.7M+29.9% | $9.8M | N/A |
Not reported in any period shown, so not listed: Goodwill.
HLP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $878K+312.1% | -$414K-146.8% | $885K-64.5% | $2.5M+118.8% | $1.1M-61.7% | $3.0M |
| Capital Expenditures | $217K+568.9% | $33K-89.3% | $302K-94.1% | $5.1M+407.7% | $1.0M+71.9% | $585K |
| Free Cash Flow | $661K+248.0% | -$447K-176.7% | $583K+122.3% | -$2.6M-2031.7% | $135K-94.4% | $2.4M |
| Investing Cash Flow | -$1.3M+96.2% | -$33.3M-1378.1% | -$2.3M+80.7% | -$11.7M-282.5% | -$3.1M-51.7% | -$2.0M |
| Financing Cash Flow | $1.3M-96.3% | $33.5M+8669.7% | $382K-96.5% | $10.8M+1002.5% | $983K+808.7% | $108K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
HLP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Gross Margin | 32.5%+0.5pp | 32.0%-0.8pp | 32.8%-1.8pp | 34.5%-0.7pp | 35.3%-4.7pp | 39.9% |
| Operating Margin | 12.4%+23.6pp | -11.2%-17.6pp | 6.4%-8.0pp | 14.4%-3.7pp | 18.1%-4.0pp | 22.1% |
| Net Margin | 9.9%+23.3pp | -13.3%-18.8pp | 5.4%-9.0pp | 14.5%-0.3pp | 14.8%-7.0pp | 21.7% |
| Return on Equity | 3.4%+6.9pp | -3.5%-7.6pp | 4.1%-17.7pp | 21.8%-6.1pp | 27.9%-2.3pp | 30.1% |
| Return on Assets | 2.7%+5.6pp | -2.9%-5.6pp | 2.7%-5.4pp | 8.1%-6.6pp | 14.7% | N/A |
| Current Ratio | 1.12-0.3x | 1.450.0x | 1.41+0.3x | 1.130.0x | 1.18 | N/A |
| Debt-to-Equity | 0.25+0.2x | 0.06-0.1x | 0.16-0.6x | 0.75-0.1x | 0.90 | N/A |
| FCF Margin | 3.4%+6.5pp | -3.2%-6.8pp | 3.6%+16.5pp | -12.9%-13.5pp | 0.6%-20.8pp | 21.5% |
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Where HONGLI GROUP INC. Ranks
Frequently Asked Questions
What is HONGLI GROUP INC.'s annual revenue?
HONGLI GROUP INC. (HLP) reported $19.6M in total revenue for fiscal year 2025. This represents a 39.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is HONGLI GROUP INC.'s revenue growing?
HONGLI GROUP INC. (HLP) revenue grew by 39.0% year-over-year, from $14.1M to $19.6M in fiscal year 2025.
Is HONGLI GROUP INC. profitable?
Yes, HONGLI GROUP INC. (HLP) reported a net income of $1.9M in fiscal year 2025, with a net profit margin of 9.9%.
What is HONGLI GROUP INC.'s EBITDA?
HONGLI GROUP INC. (HLP) had EBITDA of $3.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is HONGLI GROUP INC.'s gross margin?
HONGLI GROUP INC. (HLP) had a gross margin of 32.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is HONGLI GROUP INC.'s operating margin?
HONGLI GROUP INC. (HLP) had an operating margin of 12.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is HONGLI GROUP INC.'s net profit margin?
HONGLI GROUP INC. (HLP) had a net profit margin of 9.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is HONGLI GROUP INC.'s return on equity (ROE)?
HONGLI GROUP INC. (HLP) has a return on equity of 3.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is HONGLI GROUP INC.'s free cash flow?
HONGLI GROUP INC. (HLP) generated $661K in free cash flow during fiscal year 2025. This represents a 248.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is HONGLI GROUP INC.'s operating cash flow?
HONGLI GROUP INC. (HLP) generated $878K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are HONGLI GROUP INC.'s total assets?
HONGLI GROUP INC. (HLP) had $72.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are HONGLI GROUP INC.'s capital expenditures?
HONGLI GROUP INC. (HLP) invested $217K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does HONGLI GROUP INC. spend on research and development?
HONGLI GROUP INC. (HLP) invested $995K in research and development during fiscal year 2025.
What is HONGLI GROUP INC.'s current ratio?
HONGLI GROUP INC. (HLP) had a current ratio of 1.12 as of fiscal year 2025, which is considered adequate.
What is HONGLI GROUP INC.'s debt-to-equity ratio?
HONGLI GROUP INC. (HLP) had a debt-to-equity ratio of 0.25 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is HONGLI GROUP INC.'s return on assets (ROA)?
HONGLI GROUP INC. (HLP) had a return on assets of 2.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is HONGLI GROUP INC.'s Altman Z-Score?
HONGLI GROUP INC. (HLP) has an Altman Z-Score of 4.46, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is HONGLI GROUP INC.'s Piotroski F-Score?
HONGLI GROUP INC. (HLP) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are HONGLI GROUP INC.'s earnings high quality?
HONGLI GROUP INC. (HLP) has an earnings quality ratio of 0.45x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can HONGLI GROUP INC. cover its interest payments?
HONGLI GROUP INC. (HLP) has an interest coverage ratio of 14.75x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is HONGLI GROUP INC.?
HONGLI GROUP INC. (HLP) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.