Hongli Group Inc. Ordinary Shares (HLP) - Total Assets
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. See HLP net assets for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see Hongli Group Inc. Ordinary Shares market capitalisation.
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 |
|---|---|---|
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203
|
China | CN¥17.05 Billion |
|
Vallourec
PA:VK
|
France | €4.90 Billion |
|
Industrias CH S. A. B. de C. V
MX:ICHB
|
Mexico | MX$80.09 Billion |
|
Ternium Argentina SA
BA:TXAR
|
Argentina | AR$7.54 Trillion |
|
Godawari Power And Ispat limited
NSE:GPIL
|
India | Rs62.57 Billion |
|
Champion Iron Ltd
TO:CIA
|
Canada | CA$3.43 Billion |
|
Fushun Special Steel Co Ltd
SHG:600399
|
China | CN¥12.73 Billion |
|
Sansteel MinGuang Co Ltd Fujian
SHE:002110
|
China | CN¥51.66 Billion |
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 | 0.94 |
| Asset Growth Rate (YoY) | 102.3% |
| Total Assets | $65.01 Million |
| Market Capitalization | $61.39 Million USD |
Valuation Analysis
Near Book Valuation: The market values Hongli Group Inc. Ordinary Shares's assets close to their book value (0.94x), suggesting investors view the company's assets at approximately fair value.
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 | -- |
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