Hongli Group Inc. (HLP) Gross margin 2020–2025
Hongli Group Inc. (HLP) gross margin by fiscal year — reported gross profit divided by reported revenue.
32.5%FY2025 · since FY2020: 39.9% → 32.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 32.5% | +0.5 pp |
| FY2024 | 32.0% | -0.7 pp |
| FY2023 | 32.8% | -1.8 pp |
| FY2022 | 34.6% | -0.7 pp |
| FY2021 | 35.3% | -4.6 pp |
| FY2020 | 39.9% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice