HLP (Hongli Group) Pre-Tax Income : $-1.82 Mil (TTM As of Jun. 2024)

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What is Hongli Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Hongli Group's pretax income for the six months ended in Jun. 2024 was $-1.89 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2024 was $-1.82 Mil. Hongli Group's pretax margin was -27.16%.

During the past 5 years, Hongli Group's highest Pretax Margin was 28.71%. The lowest was -12.96%. And the median was 15.96%.

Hongli Group Pre-Tax Income Historical Data

The historical data trend for Hongli Group's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hongli Group Pre-Tax Income Chart

Hongli Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

2.67

2.66

3.47

3.21

0.93

Hongli Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Pre-Tax Income	Get a 7-Day Free Trial					1.96	1.25	0.86	0.07	-1.89

Competitive Comparison of Hongli Group's Pre-Tax Income

For the Steel subindustry, Hongli Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hongli Group's Pre-Tax Income Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hongli Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Hongli Group's Pre-Tax Income falls into.

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Hongli Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Hongli Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	1.02	+	0.555	+	-0.643	+	0	+	0
	=	0.93

Hongli Group's Pretax Income for the quarter that ended in Jun. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-1.694	+	0.02	+	-0.216	+	0	+	-0.0010000000000001
	=	-1.89

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.82 Mil.

Hongli Group (NAS:HLP) Pre-Tax Income Explanation

Hongli Group's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-1.891	/	6.962
	=	-27.16%

During the past 5 years, Hongli Group's highest Pretax Margin was 28.71%. The lowest was -12.96%. And the median was 15.96%.

Hongli Group Pre-Tax Income Related Terms

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Hongli Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hongli Group Inc (NAS:HLP) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beisanli Street, Economic Development Zone, Changle County, Weifang, Shandong, CHN, 262400

Website

https://www.hlyxgg.com

Hongli Group Inc is a cold roll formed steel profile manufacturer in China. It customizes and manufactures cold roll formed steel profiles for machinery and equipment in a variety of sectors, including but not limited to mining and excavation, construction, agriculture and transportation.