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Hongli Group (HLP) Revenue & Revenue Breakdown

OverviewOwnershipFinancialsChart

Hongli Group Revenue Highlights

Latest Revenue (Y)

$16.00M

Latest Revenue (Q)

$7.08M

Main Geography (Y)

CHINA

Hongli Group Revenue by Period

Hongli Group Revenue by Year

DateRevenueChange
2023-12-31$16.00M-21.13%
2022-12-31$20.28M-6.59%
2021-12-31$21.71M94.58%
2020-12-31$11.16M20.07%
2019-12-31$9.29M-

Hongli Group generated $16.00M in revenue during NA 2023, up -21.13% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Hongli Group Revenue by Quarter

DateRevenueChange
2023-12-31$7.08M100.00%
2023-09-30$3.54M-60.28%
2023-06-30$8.92M100.00%
2023-03-31$4.46M-54.50%
2022-12-31$9.80M100.00%
2022-09-30$4.90M-53.28%
2022-06-30$10.49M-

Hongli Group generated $7.08M in revenue during Q4 2023, up 100.00% compared to the previous quarter, and up 144.58% compared to the same period a year ago.

Hongli Group Revenue Breakdown

Hongli Group Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23
CHINA$12.12M

Hongli Group's latest annual revenue breakdown by geography, as of Dec 23: CHINA (100.00%).

HLP Revenue FAQ

What is Hongli Group’s yearly revenue?

Hongli Group's yearly revenue for 2023 was $16M, representing a decrease of -21.13% compared to 2022. The company's yearly revenue for 2022 was $20.28M, representing a decrease of -6.59% compared to 2021. HLP's yearly revenue for 2021 was $21.71M, representing an increase of 94.58% compared to 2020.

What is Hongli Group’s quarterly revenue?

Hongli Group's quarterly revenue for Q4 2023 was $7.08M, a 100.00% increase from the previous quarter (Q3 2023), and a -27.71% decrease year-over-year (Q4 2022). The company's quarterly revenue for Q3 2023 was $3.54M, a -60.28% decrease from the previous quarter (Q2 2023), and a -27.71% decrease year-over-year (Q3 2022). HLP's quarterly revenue for Q2 2023 was $8.92M, a 100.00% increase from the previous quarter (Q1 2023), and a -14.98% decrease year-over-year (Q2 2022).

What is Hongli Group’s revenue growth rate?

Hongli Group's revenue growth rate for the last 3 years (2021-2023) was -26.32%, and for the last 5 years (2019-2023) was 72.14%.