Hongli Group Inc. Ordinary Shares (HLP) - Net Assets
Based on the latest financial reports, Hongli Group Inc. Ordinary Shares (HLP) has net assets worth $55.51 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($67.84 Million) and total liabilities ($12.34 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Hongli Group Inc. Ordinary Shares's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $55.51 Million |
| % of Total Assets | 81.82% |
| Annual Growth Rate | 59.68% |
| 5-Year Change | 565.39% |
| 10-Year Change | N/A |
| Growth Volatility | 46.33 |
Hongli Group Inc. Ordinary Shares - Net Assets Trend (2019–2024)
This chart illustrates how Hongli Group Inc. Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Also explore HLP asset base for the complete picture of this company's asset base.
Annual Net Assets for Hongli Group Inc. Ordinary Shares (2019–2024)
The table below shows the annual net assets of Hongli Group Inc. Ordinary Shares from 2019 to 2024. For live valuation and market cap data, see market value of Hongli Group Inc. Ordinary Shares.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $53.49 Million | +153.43% |
| 2023-12-31 | $21.11 Million | +56.65% |
| 2022-12-31 | $13.47 Million | +17.29% |
| 2021-12-31 | $11.49 Million | +42.90% |
| 2020-12-31 | $8.04 Million | +56.18% |
| 2019-12-31 | $5.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hongli Group Inc. Ordinary Shares's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 180.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $11.72 Million | 21.92% |
| Common Stock | $7.34K | 0.01% |
| Other Comprehensive Income | $-1.24 Million | -2.31% |
| Other Components | $43.00 Million | 80.38% |
| Total Equity | $53.49 Million | 100.00% |
Hongli Group Inc. Ordinary Shares Competitors by Market Cap
The table below lists competitors of Hongli Group Inc. Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Entertainment Network (India) Limited
NSE:ENIL
|
$61.41 Million |
|
Humasis Co. Ltd
KQ:205470
|
$61.42 Million |
|
Agripure Holdings Public Company Limited
BK:APURE
|
$61.43 Million |
|
S Chand And Company Limited
NSE:SCHAND
|
$61.47 Million |
|
Peninsula Land Limited
NSE:PENINLAND
|
$61.38 Million |
|
Linz Textil Holding AG
VI:LTH
|
$61.38 Million |
|
AGRONOMICS LTD.LS-0000001
F:V77
|
$61.37 Million |
|
Commercial Vehicle Group Inc
NASDAQ:CVGI
|
$61.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hongli Group Inc. Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,107,553 to 53,493,295, a change of 32,385,742 (153.4%).
- Net loss of 1,881,635 reduced equity.
- New share issuances of 33,000,000 increased equity.
- Other comprehensive income decreased equity by 700,623.
- Other factors increased equity by 1,968,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.88 Million | -3.52% |
| Share Issuances | $33.00 Million | +61.69% |
| Other Comprehensive Income | $-700.62K | -1.31% |
| Other Changes | $1.97 Million | +3.68% |
| Total Change | $- | 153.43% |
Book Value vs Market Value Analysis
This analysis compares Hongli Group Inc. Ordinary Shares's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.96x to 1.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.43 | $0.84 | x |
| 2020-12-31 | $0.67 | $0.84 | x |
| 2021-12-31 | $0.95 | $0.84 | x |
| 2022-12-31 | $1.12 | $0.84 | x |
| 2023-12-31 | $1.80 | $0.84 | x |
| 2024-12-31 | $0.73 | $0.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hongli Group Inc. Ordinary Shares utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.34%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.22x
- Recent ROE (-3.52%) is below the historical average (20.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 40.40% | 22.38% | 0.94x | 1.93x | $1.56 Million |
| 2020 | 30.15% | 21.72% | 0.82x | 1.69x | $1.62 Million |
| 2021 | 27.87% | 14.75% | 0.99x | 1.90x | $2.05 Million |
| 2022 | 21.76% | 14.46% | 0.56x | 2.68x | $1.58 Million |
| 2023 | 4.10% | 5.41% | 0.50x | 1.52x | $-1.25 Million |
| 2024 | -3.52% | -13.34% | 0.22x | 1.22x | $-7.23 Million |
Industry Comparison
This section compares Hongli Group Inc. Ordinary Shares's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $463,940,284
- Average return on equity (ROE) among peers: 12.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hongli Group Inc. Ordinary Shares (HLP) | $55.51 Million | 40.40% | 0.22x | $61.39 Million |
| Cleveland-Cliffs Inc (CLF) | $407.40 Million | 13.48% | 0.70x | $5.92 Billion |
| Commercial Metals Company (CMC) | $1.40 Billion | 3.31% | 1.12x | $7.61 Billion |
| Friedman Industries Inc. Common Stock (FRD) | $63.05 Million | 4.38% | 0.18x | $137.98 Million |
| Friedman Industries Inc. Common Stock (FRD) | $62.96 Million | 9.75% | 0.22x | $138.83 Million |
| Gerdau SA ADR (GGB) | $2.18 Billion | 16.21% | 1.92x | $5.42 Billion |
| Huadi International Group Co Ltd (HUDI) | $12.00 Million | 76.97% | 5.60x | $17.02 Million |
| Inno Holdings Inc. Common Stock (INHD) | $15.17 Million | -46.68% | 0.06x | $9.59 Million |
| FST Corp. Ordinary Shares (KBSX) | $25.03 Million | -0.36% | 0.86x | $51.70 Million |
| Luda Technology Group Limited (LUD) | $13.12 Million | 37.67% | 1.43x | $136.59 Million |
About Hongli Group Inc. Ordinary Shares
Hongli Group Inc., together with its subsidiaries, manufactures and sells customized metal profiles in the People's Republic of China and internationally. The company offers cold roll formed steel profile products in various forms and shapes, such as angles, bows, beams, brackets, channels, cross-members, flanges, hats, panels, plates, posts, rails, stakes, and tracks. It serves mining and excava… Read more