Hongli Group (Hongli Group) Net Margin % : 0.96% (As of Dec. 2023)

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What is Hongli Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hongli Group's Net Income for the six months ended in Dec. 2023 was $0.07 Mil. Hongli Group's Revenue for the six months ended in Dec. 2023 was $7.08 Mil. Therefore, Hongli Group's net margin for the quarter that ended in Dec. 2023 was 0.96%.

The historical rank and industry rank for Hongli Group's Net Margin % or its related term are showing as below:

HLP' s Net Margin % Range Over the Past 10 Years
Min: 5.4 Med: 14.75 Max: 22.37
Current: 5.4

HLP's Net Margin % is ranked better than
66.89% of 604 companies
in the Steel industry
Industry Median: 2.9 vs HLP: 5.40

Hongli Group Net Margin % Historical Data

The historical data trend for Hongli Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hongli Group Net Margin % Chart

Hongli Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

22.37

21.72

14.75

14.46

5.41

Hongli Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial				15.23	17.80	10.88	8.93	0.96

Competitive Comparison of Hongli Group's Net Margin %

For the Steel subindustry, Hongli Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hongli Group's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hongli Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hongli Group's Net Margin % falls into.

Hongli Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Hongli Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	0.865	/	15.998
	=	5.41 %

Hongli Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.068	/	7.083
	=	0.96 %

Hongli Group (NAS:HLP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Hongli Group Net Margin % Related Terms

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Hongli Group (Hongli Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hongli Group Inc (NAS:HLP) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beisanli Street, Economic Development Zone, Changle County, Weifang, Shandong, CHN, 262400

Website

https://www.hlyxgg.com

Hongli Group Inc is a cold roll formed steel profile manufacturer in China. It customizes and manufactures cold roll formed steel profiles for machinery and equipment in a variety of sectors, including but not limited to mining and excavation, construction, agriculture and transportation.

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