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
Hongli Group Inc. Ordinary Shares (HLP) - Total Assets
Latest total assets as of June 2025: $67.84 Million USD
Based on the latest financial reports, Hongli Group Inc. Ordinary Shares (HLP) holds total assets worth $67.84 Million USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Hongli Group Inc. Ordinary Shares - Total Assets Trend (2019–2024)
This chart illustrates how Hongli Group Inc. Ordinary Shares’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hongli Group Inc. Ordinary Shares - Asset Composition Analysis
Current Asset Composition (December 2024)
Hongli Group Inc. Ordinary Shares's total assets of $67.84 Million consist of 18.4% current assets and 81.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.4% |
| Accounts Receivable | $6.33 Million | 9.7% |
| Inventory | $2.67 Million | 4.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $4.43 Million | 6.8% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Hongli Group Inc. Ordinary Shares's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hongli Group Inc. Ordinary Shares's current assets represent 18.4% of total assets in 2024, a decrease from 52.4% in 2019.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2024, down from 2.8% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, a decrease from 7.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 9.7% of total assets.
Hongli Group Inc. Ordinary Shares Competitors by Total Assets
Key competitors of Hongli Group Inc. Ordinary Shares based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
Hongli Group Inc. Ordinary Shares - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Hongli Group Inc. Ordinary Shares generates 0.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hongli Group Inc. Ordinary Shares is currently not profitable relative to its asset base.
Hongli Group Inc. Ordinary Shares - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.15 | 1.44 | 1.12 |
| Quick Ratio | 1.00 | 1.16 | 0.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.80 Million | $ 3.66 Million | $ 544.32K |
Hongli Group Inc. Ordinary Shares - Advanced Valuation Insights
This section examines the relationship between Hongli Group Inc. Ordinary Shares's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.39 |
| Latest Market Cap to Assets Ratio | 0.73 |
| Asset Growth Rate (YoY) | 102.3% |
| Total Assets | $65.01 Million |
| Market Capitalization | $47.45 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hongli Group Inc. Ordinary Shares's assets below their book value (0.73 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hongli Group Inc. Ordinary Shares's assets grew by 102.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hongli Group Inc. Ordinary Shares (2019–2024)
The table below shows the annual total assets of Hongli Group Inc. Ordinary Shares from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $65.01 Million | +102.34% |
| 2023-12-31 | $32.13 Million | -11.16% |
| 2022-12-31 | $36.16 Million | +65.54% |
| 2021-12-31 | $21.85 Million | +61.00% |
| 2020-12-31 | $13.57 Million | +36.90% |
| 2019-12-31 | $9.91 Million | -- |