Hongli Group (HLP) Stock Price, News & Analysis

Company Overview

Hongli Group (NASDAQ: HLP) is a China-based manufacturer specializing in high-performance polyethylene separator membranes for lithium-ion batteries. The company develops, produces and distributes microporous membrane products designed to enhance battery safety, efficiency and life span. Its core separators find application in electric vehicles, consumer electronics, energy storage systems and power tools.

Leveraging in-house research and development capabilities, Hongli Group continually refines its production processes and membrane formulations. Its product portfolio includes single-layer and multi-layer polyethylene separators featuring high mechanical strength, thermal stability and ionic conductivity. These attributes help battery makers meet increasingly stringent performance and safety standards.

Headquartered in Suzhou, China, Hongli Group serves both domestic and international markets. Its membrane products supply major lithium-ion battery manufacturers in Asia, Europe and North America, supporting the global shift toward electrification and renewable energy. The company maintains production facilities equipped with automated coating and stretching lines to ensure consistent quality and scale.

Since its inception, Hongli Group has invested in expanding its technical expertise and production capacity. The company’s management team comprises industry veterans specializing in polymer science, battery technology and industrial manufacturing. Through strategic partnerships and ongoing innovation, Hongli Group aims to reinforce its position as a leading separator supplier in the evolving energy-storage sector.

Key Stats

• Today's Range: $0.84 to $0.96
• 50-Day Range: $0.77 to $1.17
• 52-Week Range: $0.61 to $1.82
• Volume: 129,818 shs
• Average Volume: 154,547 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Sell

HLP Stock Analysis - Frequently Asked Questions

How have HLP shares performed this year?

Hongli Group's stock was trading at $1.04 at the start of the year. Since then, HLP shares have decreased by 13.9% and is now trading at $0.8950.

When did Hongli Group IPO?

Hongli Group (HLP) raised $10 million in an initial public offering on Tuesday, March 28th 2023. The company issued 2,062,500 shares at $4.00-$6.00 per share.

How do I buy shares of Hongli Group?

Shares of HLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Hongli Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hongli Group investors own include Arch Capital Group (ACGL), Adobe (ADBE), Analog Devices (ADI), Alnylam Pharmaceuticals (ALNY), Amgen (AMGN), Baidu (BIDU).

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: Steel
• Sub-Industry: Machinery
• Current Symbol: NASDAQ:HLP
• CIK: 1855557
• Web: www.hlyxgg.com
• Phone: 86-53-6218-5222
• Fax: N/A
• Employees: 207
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $16.73 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A