Hongli Historical Balance Sheet
HLP Stock | 1.35 0.01 0.75% |
Trend analysis of Hongli Group Ordinary balance sheet accounts such as Other Current Liabilities of 346.2 K or Total Current Liabilities of 8.8 M provides information on Hongli Group's total assets, liabilities, and equity, which is the actual value of Hongli Group Ordinary to its prevalent stockholders. By breaking down trends over time using Hongli Group balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Hongli Group Ordinary latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hongli Group Ordinary is a good buy for the upcoming year.
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About Hongli Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Hongli Group Ordinary at a specified time, usually calculated after every quarter, six months, or one year. Hongli Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hongli Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hongli currently owns. An asset can also be divided into two categories, current and non-current.
Hongli Group Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Hongli Group assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hongli Group Ordinary books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Hongli Group balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hongli Group Ordinary are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from Hongli Group's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Hongli Group Ordinary current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hongli Group Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Hongli Group's Intangible Assets are relatively stable compared to the past year. As of 03/24/2025, Property Plant Equipment is likely to grow to about 16.4 M, while Other Current Liabilities is likely to drop slightly above 346.2 K.
2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 16.5M | 9.1M | 10.5M | 8.7M | Total Assets | 36.2M | 32.1M | 36.9M | 25.0M |
Hongli Group balance sheet Correlations
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Hongli Group Account Relationship Matchups
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Hongli Group balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 13.6M | 21.8M | 36.2M | 32.1M | 36.9M | 25.0M | |
Short Long Term Debt Total | 3.9M | 6.5M | 16.5M | 9.1M | 10.5M | 8.7M | |
Other Current Liab | 959.2K | 1.4M | 2.6M | 316.9K | 364.4K | 346.2K | |
Total Current Liabilities | 5.5M | 9.7M | 12.4M | 7.7M | 8.8M | 8.8M | |
Total Stockholder Equity | 8.0M | 11.5M | 13.5M | 21.1M | 24.3M | 13.0M | |
Property Plant And Equipment Net | 4.1M | 6.0M | 13.6M | 11.4M | 13.1M | 8.6M | |
Current Deferred Revenue | 16.8K | 169.1K | 57.9K | 178.1K | 204.9K | 215.1K | |
Net Debt | 2.5M | 6.0M | 14.4M | 8.3M | 9.6M | 7.6M | |
Retained Earnings | 6.6M | 9.8M | 12.7M | 13.6M | 15.6M | 10.3M | |
Accounts Payable | 950.6K | 2.4M | 3.0M | 1.4M | 1.6M | 1.8M | |
Cash | 1.4M | 484.4K | 2.1M | 775.7K | 892.0K | 1.1M | |
Non Current Assets Total | 4.9M | 10.4M | 22.1M | 21.3M | 24.5M | 14.0M | |
Non Currrent Assets Other | 147.1K | 3.7M | 3.5M | 9.9M | 11.4M | 12.0M | |
Cash And Short Term Investments | 1.4M | 484.4K | 2.1M | 815.7K | 938.0K | 1.1M | |
Net Receivables | 3.6M | 6.0M | 7.7M | 6.6M | 7.6M | 6.1M | |
Liabilities And Stockholders Equity | 13.6M | 21.8M | 36.2M | 32.1M | 36.9M | 25.0M | |
Non Current Liabilities Total | 0.0 | 670.9K | 10.3M | 3.3M | 3.8M | 3.2M | |
Capital Lease Obligations | 77.7K | 825.9K | 362.4K | 45.3K | 40.8K | 38.7K | |
Inventory | 1.4M | 3.0M | 2.6M | 2.3M | 2.7M | 2.3M | |
Other Current Assets | 601.6K | 1.9M | 1.6M | 1.1M | 1.2M | 1.1M | |
Total Liab | 5.5M | 10.4M | 22.7M | 11.0M | 12.7M | 12.0M | |
Net Invested Capital | 11.9M | 17.1M | 29.6M | 30.2M | 34.7M | 21.4M | |
Property Plant And Equipment Gross | 6.7M | 9.2M | 17.2M | 14.9M | 17.1M | 11.9M | |
Short Long Term Debt | 3.8M | 5.7M | 6.0M | 5.7M | 6.6M | 5.4M | |
Total Current Assets | 8.6M | 11.4M | 14.1M | 10.8M | 12.4M | 11.0M | |
Accumulated Other Comprehensive Income | 822.4K | 1.1M | 123.1K | (536.1K) | (482.4K) | (458.3K) | |
Net Working Capital | 3.1M | 1.7M | 1.6M | 3.1M | 3.6M | 2.2M | |
Short Term Debt | 3.9M | 6.2M | 6.3M | 5.8M | 6.6M | 5.7M | |
Intangible Assets | 726.6K | 722.4K | 5.0M | 4.7M | 5.4M | 5.6M |
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.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.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.