Hongli Group Past Earnings Performance
Past criteria checks 1/6
Hongli Group's earnings have been declining at an average annual rate of -10.4%, while the Metals and Mining industry saw earnings growing at 24.7% annually. Revenues have been growing at an average rate of 6.3% per year. Hongli Group's return on equity is 4.1%, and it has net margins of 5.4%.
Key information
-10.4%
Earnings growth rate
-13.8%
EPS growth rate
| Metals and Mining Industry Growth | 26.4% |
| Revenue growth rate | 6.3% |
| Return on equity | 4.1% |
| Net Margin | 5.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Hongli Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 16 | 1 | 4 | 0 |
| 30 Sep 23 | 17 | 1 | 4 | 0 |
| 30 Jun 23 | 19 | 2 | 3 | 1 |
| 31 Mar 23 | 19 | 2 | 3 | 1 |
| 31 Dec 22 | 20 | 3 | 3 | 1 |
| 30 Sep 22 | 21 | 3 | 2 | 2 |
| 30 Jun 22 | 22 | 4 | 2 | 2 |
| 31 Mar 22 | 22 | 3 | 2 | 2 |
| 31 Dec 21 | 22 | 3 | 2 | 1 |
| 30 Sep 21 | 19 | 3 | 2 | 1 |
| 30 Jun 21 | 17 | 3 | 2 | 1 |
| 31 Mar 21 | 14 | 3 | 2 | 1 |
| 31 Dec 20 | 11 | 2 | 1 | 1 |
| 31 Dec 19 | 9 | 2 | 1 | 0 |
Quality Earnings: HLP has high quality earnings.
Growing Profit Margin: HLP's current net profit margins (5.4%) are lower than last year (14.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HLP's earnings have declined by 10.4% per year over the past 5 years.
Accelerating Growth: HLP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HLP had negative earnings growth (-70.5%) over the past year, making it difficult to compare to the Metals and Mining industry average (-30.1%).
Return on Equity
High ROE: HLP's Return on Equity (4.1%) is considered low.