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MARKETS / NASDAQ / HLP
NASDAQ · GENERAL INDUSTRIAL MACHINERY & EQUIPMENT, NEC · SMALL CAP

Hongli Group Inc. HLP

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$19.6M
▲ 39.0% YoY
$1.9M
$660,824
In brief

What this company does

As a holding company with no material operations of our own, we consolidate financial results of Hongli Shandong, the VIE and its subsidiaries through Contractual Arrangements. The majority of the customers of our PRC operating entities have maintained business with us for an average of 10 years. We expect to maintain positive relationships with our principal customers going forward. We anticipate that XCMG will serve as a key driver of our business growth over the next five years.

Written from the business description in Hongli Group Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 13 May 2026. Every sentence was checked against that document before publication.

Growth
USD 19.6M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 19.6 · Net income 1.9
8M16M202020212022202320242025
Compound annual growth
−1.1%
+11.9%
−12.8%
−4.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +11.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
10 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 12.4% · Net 9.9%
10%20%-5%-10%202020212022202320242025
ROE
FY2025 · ROE 3.5%
10%20%30%-2%-4%202020212022202320242025
Gross margin32.5%
Operating margin12.4%
Net margin9.9%
Return on assets2.8%
EBITDAUSD 3.1M

Each USD of equity produced 3 cents of profit this year.

Cash & shareholders
—
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 0.7
0.8M1.6M-1.0M-2.0M202020212022202320242025
Dividends paid—
Net buybacks—
Share of profit—
Consecutive raises—

Total assetsUSD 72.2M
EquityUSD 57.8M
CashUSD 1.8M
Gross debtUSD 3.4M
Net debtUSD 1.6M
Current ratio1.12×

Net debt stands at 3% of equity.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.00.00.00.00.00.0
Operating income $B0.0−0.00.00.00.00.0
EBITDA $B0.0−0.00.00.00.00.0
Income tax $B0.00.00.00.00.00.0
Net income $B0.0−0.00.00.00.00.0
Free cash flow $B0.0−0.00.0−0.00.00.0
EPS, diluted $0.03−0.110.070.290.320.24
Dividend / sh $······
Payout %······
ROE %3.5−5.05.023.532.830.2
Shares out B0.070.070.010.010.01·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 28 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 67 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityGeneral Industrial Machinery & Equipment, NEC
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsnot stated in the filings
SEC categoryemerging growth company
Data on record since2020

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