Highway Holdings vs Hongli Group
Hongli Group is the larger business, with $19.6m of revenue in fiscal 2025 against $4.8m for Highway Holdings (4.1 times as much). Hongli Group grew faster (39.0% against -35.2%). Hongli Group kept more of each dollar of sales as profit: a net margin of 9.9% against -31.7%.
| Latest fiscal year | Highway HoldingsHIHO, 2026 | Hongli GroupHLP, 2025 |
|---|---|---|
| Revenue | $4.8m | $19.6m |
| Revenue growth | -35.2% | 39.0% |
| Net income | −$1.5m | $1.9m |
| Operating margin | — | 12.4% |
| Net margin | -31.7% | 9.9% |
| Return on equity | -27.3% | 3.5% |
| Free cash flow | −$1.5m | $660,824 |
| Cash | $4.4m | $1.8m |
| Total debt | $569,000 | $3.4m |
| Debt to equity | — | 5.9% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $3.9m | $299m |
| Price vs our value range | — | — |
| Moat score | 24 (Weak) | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |