Hongli Group Inc. (HLP)
Hongli Group Inc. operates in the Steel industry of the Basic Materials sector, headquartered in Weifang, SD, CN. The stock last traded at $1.27, down 1.92% on the session, giving a market capitalisation of $95.3M. On trailing twelve-month figures it carries a trailing P/E of 48.11, a net margin of 9.9%. Its beta of 0.49 implies it has historically moved less than the broad market.
Hongli Group Inc., through its affiliated entities, specializes in the engineering, tailoring, production, and distribution of cold roll-formed steel profiles. These precision components are utilized in a variety of machinery and equipment, with a market reach that extends across the People's Republic of China, South Korea, Japan, the United States, and Sweden. The company's products cater to essential sectors such as mining and excavation, construction, agriculture, and transportation. Established in 2021, the firm's corporate headquarters are situated in Weifang, China. Hongli Group Inc. operates as a subsidiary of Hongli Development Limited.
Hongli Group Inc. is most often compared with the following Basic Materials names: