Hongli Group Inc. (HLP)

Hongli Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	0.91	0.78	2.09	0.48	1.43
Cash & Short-Term Investments	0.91	0.78	2.09	0.48	1.43
Cash Growth	17.28%	-62.80%	330.45%	-66.22%	410.64%
Accounts Receivable	6.33	6.25	7.73	5.9	3.63
Other Receivables	-	-	-	0	-
Receivables	6.33	6.25	7.73	5.9	3.63
Inventory	2.67	2.35	2.61	2.97	1.43
Prepaid Expenses	2	1.03	1.54	1.75	0.51
Restricted Cash	0.02	0.04	0.03	0.05	-
Other Current Assets	-	0.37	0.07	0.24	0.09
Total Current Assets	11.94	10.82	14.06	11.4	7.09
Property, Plant & Equipment	10.39	11.43	13.6	6	4.07
Long-Term Investments	32.88	-	-	-	-
Other Intangible Assets	4.43	4.66	4.96	0.72	0.73
Long-Term Deferred Tax Assets	0.04	0.01	-	-	-
Other Long-Term Assets	5.34	5.21	3.54	3.73	1.68
Total Assets	65.01	32.13	36.16	21.85	13.57
Accounts Payable	1.38	1.38	2.96	2.45	0.95
Accrued Expenses	0.69	0.27	0.65	0.64	0.33
Short-Term Debt	6.08	5.69	6.02	5.66	3.82
Current Portion of Long-Term Debt	-	0.08	0.25	-	-
Current Portion of Leases	-	0.05	0.32	0.53	0.08
Current Income Taxes Payable	0.04	0.04	0.14	0.12	0.18
Current Unearned Revenue	-	0.18	0.06	0.17	0.02
Other Current Liabilities	0.02	-	2.06	0.12	0.15
Total Current Liabilities	8.21	7.68	12.44	9.69	5.53
Long-Term Debt	3.31	3.34	10.19	-	-
Long-Term Leases	-	-	0.05	0.29	-
Long-Term Deferred Tax Liabilities	-	-	0.02	-	-
Other Long-Term Liabilities	-	-	-	0.38	-
Total Liabilities	11.52	11.02	22.69	10.36	5.53
Common Stock	0.01	0	0	0	0
Additional Paid-In Capital	43	8.04	0.61	0.61	0.61
Retained Earnings	12.09	13.98	13.11	10.18	6.98
Comprehensive Income & Other	-1.61	-0.91	-0.25	0.7	0.45
Shareholders' Equity	53.49	21.11	13.47	11.49	8.04
Total Liabilities & Equity	65.01	32.13	36.16	21.85	13.57
Total Debt	9.38	9.15	16.81	6.48	3.9
Net Cash (Debt)	-8.47	-8.38	-14.73	-6	-2.47
Net Cash Per Share	-0.49	-0.71	-1.47	-0.60	-0.25
Filing Date Shares Outstanding	22.3	12.24	12.37	10	18
Total Common Shares Outstanding	22.3	12.24	10	10	18
Working Capital	3.72	3.13	1.63	1.71	1.56
Book Value Per Share	2.40	1.72	1.35	1.15	0.45
Tangible Book Value	49.06	16.45	8.51	10.77	7.31
Tangible Book Value Per Share	2.20	1.34	0.85	1.08	0.41
Buildings	-	7.14	9.17	1.97	1.92
Machinery	-	5.98	5.67	5.31	4.63
Construction In Progress	-	1.08	1.06	0.57	-

Updated Oct 31, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q