お知らせ • May 01
Hongli Group Inc. announced delayed 20-F filing On 04/30/2026, Hongli Group Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC. New Risk • Apr 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 50% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (US$81.5m market cap). Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$1.02, the stock trades at a trailing P/E ratio of 74.1x. Average trailing P/E is 23x in the Metals and Mining industry in the US. Total loss to shareholders of 71% over the past three years. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$1.04, the stock trades at a trailing P/E ratio of 75.6x. Average trailing P/E is 25x in the Metals and Mining industry in the US. Total loss to shareholders of 21% over the past year. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to US$1.09, the stock trades at a trailing P/E ratio of 79.2x. Average trailing P/E is 25x in the Metals and Mining industry in the US. Total loss to shareholders of 22% over the past year. New Risk • Dec 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$99.1m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 50% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$99.1m market cap). Reported Earnings • Oct 05
First half 2025 earnings released: EPS: US$0.013 (vs US$0.15 loss in 1H 2024) First half 2025 results: EPS: US$0.013 (up from US$0.15 loss in 1H 2024). Revenue: US$9.59m (up 38% from 1H 2024). Net income: US$990.0k (up US$2.89m from 1H 2024). Profit margin: 10% (up from net loss in 1H 2024). The move to profitability was primarily driven by higher revenue. お知らせ • May 02
Hongli Group Inc. announced delayed 20-F filing On 05/01/2025, Hongli Group Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC. New Risk • Jan 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 494% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.9% operating cash flow to total debt). Earnings have declined by 31% per year over the past 5 years. Shareholders have been substantially diluted in the past year (494% increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$96.2m market cap). Reported Earnings • Sep 25
First half 2024 earnings released: US$0.15 loss per share (vs US$0.071 profit in 1H 2023) First half 2024 results: US$0.15 loss per share (down from US$0.071 profit in 1H 2023). Revenue: US$6.96m (down 22% from 1H 2023). Net loss: US$1.90m (down 339% from profit in 1H 2023). New Risk • Sep 21
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.9% operating cash flow to total debt). Earnings have declined by 31% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$22.6m market cap). Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$2.00, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 13x in the Metals and Mining industry in the US. Total loss to shareholders of 28% over the past year. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$1.61, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 13x in the Metals and Mining industry in the US. Total loss to shareholders of 49% over the past year. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$1.80, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 14x in the Metals and Mining industry in the US. Total loss to shareholders of 36% over the past year. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$1.78, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 14x in the Metals and Mining industry in the US. Total loss to shareholders of 30% over the past year. Reported Earnings • May 02
Full year 2023 earnings released: EPS: US$0.074 (vs US$0.29 in FY 2022) Full year 2023 results: EPS: US$0.074 (down from US$0.29 in FY 2022). Revenue: US$16.0m (down 21% from FY 2022). Net income: US$864.7k (down 71% from FY 2022). Profit margin: 5.4% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$1.32, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 14x in the Metals and Mining industry in the US. Total loss to shareholders of 64% over the past year. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$1.33, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 14x in the Metals and Mining industry in the US. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to US$2.15, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 17x in the Metals and Mining industry in the US. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to US$1.82, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 15x in the Metals and Mining industry in the US. Reported Earnings • Dec 03
First half 2023 earnings released: EPS: US$0.071 (vs US$0.11 in 1H 2022) First half 2023 results: EPS: US$0.071 (down from US$0.11 in 1H 2022). Revenue: US$8.92m (down 15% from 1H 2022). Net income: US$796.4k (down 57% from 1H 2022). Profit margin: 8.9% (down from 18% in 1H 2022). The decrease in margin was driven by lower revenue. New Risk • Dec 01
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.9% Last year net profit margin: 16% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). High level of non-cash earnings (62% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (9.9% net profit margin). Market cap is less than US$100m (US$29.2m market cap). Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to US$3.10, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 13x in the Metals and Mining industry in the US. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$2.09, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 11x in the Metals and Mining industry in the US. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to US$1.59, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 11x in the Metals and Mining industry in the US. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$3.80, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 14x in the Metals and Mining industry in the US. Reported Earnings • May 18
Full year 2022 earnings released: EPS: US$0.29 (vs US$0.32 in FY 2021) Full year 2022 results: EPS: US$0.29 (down from US$0.32 in FY 2021). Revenue: US$20.3m (down 6.6% from FY 2021). Net income: US$2.93m (down 8.4% from FY 2021). Profit margin: 14% (in line with FY 2021). Valuation Update With 7 Day Price Move • May 03
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to US$2.87, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 11x in the Metals and Mining industry in the US.