Hongli Group Inc. balance sheet

At the end of fiscal 2025, Hongli Group Inc. had total assets of $72.2m, total liabilities of $14.4m and shareholders' equity of $57.8m. It held $1.8m in cash against $3.4m of debt: net debt of $1.6m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Hongli Group Inc.: balance sheet, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	1	0	2	1	1	2
Receivables	—	5	7	6	6	9
Inventory	—	3	3	2	3	2
Total current assets	—	11	14	11	12	16
Total assets	—	22	36	32	65	72
Accounts payable	—	2	3	1	1	2
Deferred revenue (current)	—	—	0	0	0	0
Total current liabilities	—	10	12	8	8	14
Short-term debt	—	6	10	0	0	3
Long-term debt	—	0	10	3	4	—
Total debt	0	6	16	9	10	3
Total liabilities	—	10	23	11	12	14
Shareholders' equity	8	11	13	21	53	58
Net debt (negative = net cash)	−1	6	14	8	9	2
Shares outstanding	—	40m	40m	49m	73m	73m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Hongli Group Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Hongli Group Inc.