HLP
Income statement / Annual
Last year (2024), Hongli Group Inc.'s total revenue was $14.11 M,
a decrease of 11.83% from the previous year.
In 2024, Hongli Group Inc.'s net income was -$1.88 M.
See Hongli Group Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$14.11 M |
$16.00 M |
$20.28 M |
$21.71 M |
$11.16 M |
$9.29 M |
| Cost of Revenue |
$9.59 M
|
$10.75 M
|
$13.27 M
|
$14.06 M
|
$6.71 M
|
$5.30 M
|
| Gross Profit |
$4.52 M
|
$5.25 M
|
$7.01 M
|
$7.65 M
|
$4.45 M
|
$3.99 M
|
| Gross Profit Ratio |
0.32
|
0.33
|
0.35
|
0.35
|
0.4
|
0.43
|
| Research and Development Expenses |
$818.32 K
|
$962.96 K
|
$1.41 M
|
$1.47 M
|
$643.96 K
|
$325.09 K
|
| General & Administrative Expenses |
$4.56 M
|
$2.51 M
|
$2.00 M
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$564.96 K
|
$631.36 K
|
$596.62 K
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$6.10 M
|
$3.14 M
|
$2.59 M
|
$2.18 M
|
$1.18 M
|
$1.11 M
|
| Other Expenses |
-$818.32 K
|
$117.89 K
|
$82.29 K
|
$68.54 K
|
$156.51 K
|
-$325.09 K
|
| Operating Expenses |
$6.10 M
|
$4.23 M
|
$4.09 M
|
$3.72 M
|
$1.98 M
|
$1.11 M
|
| Cost And Expenses |
$15.69 M
|
$14.98 M
|
$17.36 M
|
$17.78 M
|
$8.69 M
|
$6.41 M
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$466.39 K
|
$643.00 K
|
$244.01 K
|
$537.52 K
|
$372.55 K
|
$256.16 K
|
| Depreciation & Amortization |
$943.05 K
|
$1.05 M
|
$655.41 K
|
$701.79 K
|
$683.30 K
|
$596.07 K
|
| EBITDA |
-$463.81 K |
$2.62 M |
$4.31 M |
$4.66 M |
$3.62 M |
$3.48 M |
| EBITDA Ratio |
-0.03
|
0.16
|
0.21
|
0.21
|
0.32
|
0.37
|
| Operating Income Ratio |
-0.11
|
0.06
|
0.14
|
0.18
|
0.22
|
0.31
|
| Total Other Income/Expenses Net |
-$289.95 K
|
-$87.97 K
|
$291.11 K
|
-$470.12 K
|
$193.93 K
|
-$212.76 K
|
| Income Before Tax |
-$1.87 M
|
$932.46 K
|
$3.21 M
|
$3.47 M
|
$2.66 M
|
$2.67 M
|
| Income Before Tax Ratio |
-0.13
|
0.06
|
0.16
|
0.16
|
0.24
|
0.29
|
| Income Tax Expense |
$8.39 K
|
$67.74 K
|
$280.07 K
|
$263.08 K
|
$239.50 K
|
$588.56 K
|
| Net Income |
-$1.88 M
|
$864.72 K
|
$2.93 M
|
$3.20 M
|
$2.42 M
|
$2.08 M
|
| Net Income Ratio |
-0.13
|
0.05
|
0.14
|
0.15
|
0.22
|
0.22
|
| EPS |
-0.0256 |
0.0736 |
0.24 |
0.27 |
0.2 |
0.17 |
| EPS Diluted |
-0.0256 |
0.0736 |
0.24 |
0.27 |
0.2 |
0.17 |
| Weighted Average Shares Out |
$73.44 M
|
$11.75 M
|
$12.06 M
|
$12.06 M
|
$12.06 M
|
$12.06 M
|
| Weighted Average Shares Out Diluted |
$73.44 M
|
$11.75 M
|
$12.06 M
|
$12.06 M
|
$12.06 M
|
$12.06 M
|
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