Hongli Group Ordinary Stock Return On Equity

HLP Stock

1.42 0.03 2.07%

Hongli Group Ordinary fundamentals help investors to digest information that contributes to Hongli Group's financial success or failures. It also enables traders to predict the movement of Hongli Stock. The fundamental analysis module provides a way to measure Hongli Group's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hongli Group stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.04	0.04

As of 12/11/2024, Return On Equity is likely to drop to 0.04.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Hongli Group Ordinary Company Return On Equity Analysis

Hongli Group's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Hongli Group Return On Equity

-0.0889

Most of Hongli Group's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hongli Group Ordinary is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Hongli Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Hongli Group is extremely important. It helps to project a fair market value of Hongli Stock properly, considering its historical fundamentals such as Return On Equity. Since Hongli Group's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hongli Group's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hongli Group's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt
Total Assets		0.92	0.94	0.7	0.93	0.98	0.89	0.98	0.93	0.99	0.97	0.95	-0.92	0.71	0.94	0.93	-0.92	0.91	-0.62
Total Stockholder Equity	0.92		0.95	0.84	0.74	0.96	0.72	0.87	0.72	0.95	0.9	0.85	-0.83	0.82	0.87	0.87	-0.83	0.9	-0.82
Net Tangible Assets	0.94	0.95		0.83	0.77	0.98	0.87	0.91	0.79	0.93	0.96	0.94	-0.9	0.82	0.94	0.79	-0.9	0.79	-0.61
Current Deferred Revenue	0.7	0.84	0.83		0.48	0.78	0.62	0.72	0.46	0.71	0.81	0.66	-0.79	0.59	0.8	0.53	-0.79	0.65	-0.7
Net Debt	0.93	0.74	0.77	0.48		0.86	0.87	0.95	0.99	0.91	0.87	0.87	-0.85	0.45	0.86	0.91	-0.85	0.82	-0.4
Retained Earnings	0.98	0.96	0.98	0.78	0.86		0.87	0.96	0.86	0.99	0.97	0.95	-0.92	0.79	0.95	0.89	-0.92	0.9	-0.68
Accounts Payable	0.89	0.72	0.87	0.62	0.87	0.87		0.93	0.92	0.83	0.94	0.96	-0.95	0.58	0.96	0.7	-0.95	0.71	-0.29
Net Receivables	0.98	0.87	0.91	0.72	0.95	0.96	0.93		0.94	0.96	0.98	0.95	-0.96	0.6	0.97	0.89	-0.96	0.88	-0.55
Total Liab	0.93	0.72	0.79	0.46	0.99	0.86	0.92	0.94		0.89	0.88	0.91	-0.87	0.49	0.88	0.87	-0.87	0.79	-0.33
Net Invested Capital	0.99	0.95	0.93	0.71	0.91	0.99	0.83	0.96	0.89		0.95	0.92	-0.88	0.73	0.92	0.95	-0.88	0.93	-0.69
Short Long Term Debt	0.97	0.9	0.96	0.81	0.87	0.97	0.94	0.98	0.88	0.95		0.97	-0.98	0.7	1.0	0.82	-0.98	0.87	-0.59
Total Current Assets	0.95	0.85	0.94	0.66	0.87	0.95	0.96	0.95	0.91	0.92	0.97		-0.94	0.76	0.96	0.8	-0.94	0.82	-0.48
Capital Stock	-0.92	-0.83	-0.9	-0.79	-0.85	-0.92	-0.95	-0.96	-0.87	-0.88	-0.98	-0.94		-0.61	-0.99	-0.74	1.0	-0.83	0.52
Net Working Capital	0.71	0.82	0.82	0.59	0.45	0.79	0.58	0.6	0.49	0.73	0.7	0.76	-0.61		0.66	0.6	-0.61	0.68	-0.66
Short Term Debt	0.94	0.87	0.94	0.8	0.86	0.95	0.96	0.97	0.88	0.92	1.0	0.96	-0.99	0.66		0.77	-0.99	0.83	-0.54
Intangible Assets	0.93	0.87	0.79	0.53	0.91	0.89	0.7	0.89	0.87	0.95	0.82	0.8	-0.74	0.6	0.77		-0.74	0.9	-0.66
Common Stock	-0.92	-0.83	-0.9	-0.79	-0.85	-0.92	-0.95	-0.96	-0.87	-0.88	-0.98	-0.94	1.0	-0.61	-0.99	-0.74		-0.83	0.52
Property Plant Equipment	0.91	0.9	0.79	0.65	0.82	0.9	0.71	0.88	0.79	0.93	0.87	0.82	-0.83	0.68	0.83	0.9	-0.83		-0.82
Long Term Debt	-0.62	-0.82	-0.61	-0.7	-0.4	-0.68	-0.29	-0.55	-0.33	-0.69	-0.59	-0.48	0.52	-0.66	-0.54	-0.66	0.52	-0.82

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Hongli Return On Equity Historical Pattern

Today, most investors in Hongli Group Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hongli Group's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Hongli Group return on equity as a starting point in their analysis.

Hongli Group Return On Equity

Timeline

For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Competition

Predict Hongli Group

Return On Equity Over Time

Hongli Total Stockholder Equity

Total Stockholder Equity

13.04 Million

At this time, Hongli Group's Total Stockholder Equity is relatively stable compared to the past year.

Based on the latest financial disclosure, Hongli Group Ordinary has a Return On Equity of -0.0889. This is 109.77% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on equity for all United States stocks is 71.32% lower than that of the firm.

Hongli Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hongli Group's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hongli Group could also be used in its relative valuation, which is a method of valuing Hongli Group by comparing valuation metrics of similar companies.

Hongli Group is currently under evaluation in return on equity category among its peers.

Hongli Fundamentals

	Return On Equity	-0.0889
	Return On Asset	-0.0286
	Profit Margin	(0.13) %
	Operating Margin	(0.24) %
	Current Valuation	26.83 M
	Shares Outstanding	13.44 M
	Shares Owned By Insiders	10.23 %
	Shares Owned By Institutions	0.02 %
	Number Of Shares Shorted	196
	Price To Book	0.84 X
	Price To Sales	1.39 X
	Revenue	16 M
	EBITDA	2.62 M
	Net Income	864.72 K
	Total Debt	9.11 M
	Book Value Per Share	1.54 X
	Cash Flow From Operations	884.92 K
	Short Ratio	0.01 X
	Earnings Per Share	(0.15) X
	Number Of Employees	163
	Market Capitalization	19.49 M
	Total Asset	32.13 M
	Retained Earnings	13.61 M
	Working Capital	3.13 M
	Net Asset	32.13 M

About Hongli Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hongli Group Ordinary's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hongli Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hongli Group Ordinary based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Hongli Group

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hongli Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hongli Group will appreciate offsetting losses from the drop in the long position's value.

Moving against Hongli Stock

0.8	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.76	OR	Osisko Gold Ro	Pair Corr
0.65	AG	First Majestic Silver	Pair Corr
0.59	DRD	DRDGOLD Limited ADR	Pair Corr
0.54	RS	Reliance Steel Aluminum	Pair Corr

The ability to find closely correlated positions to Hongli Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hongli Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hongli Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hongli Group Ordinary to buy it.

The correlation of Hongli Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hongli Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hongli Group Ordinary moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Hongli Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Hongli Stock Analysis

When running Hongli Group's price analysis, check to measure Hongli Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hongli Group is operating at the current time. Most of Hongli Group's value examination focuses on studying past and present price action to predict the probability of Hongli Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hongli Group's price. Additionally, you may evaluate how the addition of Hongli Group to your portfolios can decrease your overall portfolio volatility.

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