Hongli (HLP) Payables (2021 - 2025)

Hongli (HLP) recorded quarterly Payables of $13.4 million in Q4 2025, up 542.3% quarter-over-quarter from $2.1 million in Q2 2025, and up 79.52% on a YoY basis from $7.5 million in Q4 2024.

Hongli (HLP) Payables (2021 - 2025) Analysis & Trends

Hongli's Payables history runs 5 years deep, the most recent figure standing at $13.4 million for Q4 2025.

  • In Q4 2025, Payables rose 79.52% year-over-year to $13.4 million; the TTM figure through Dec 2025 stood at $13.4 million (up 79.52% YoY), while the FY2025 annual figure was $13.4 million, up 79.52% from the prior year.
  • Payables was $13.4 million for Q4 2025 at Hongli, up from $2.1 million in the prior quarter.
  • In the past five years, Payables ranged from a high of $13.4 million in Q4 2025 to a low of -$77259.0 in Q2 2024.
  • Historically, Payables has averaged $4.2 million across 5 years, with a median of $1.9 million in 2021.
  • The sharpest annual moves came in 2024 and 2025: Payables slumped 104.87% in 2024, then surged 2798.55% in 2025.
  • A 5-year view of Payables shows it stood at $1.7 million in 2021, then plunged by 82.16% to $303438.0 in 2022, then soared by 2241.83% to $7.1 million in 2023, then gained by 4.97% to $7.5 million in 2024, then surged by 79.52% to $13.4 million in 2025.
  • The last three Payables figures came in at $13.4 million (Q4 2025), $2.1 million (Q2 2025), and $7.5 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn 2.08 Bn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 2.24 Bn
3 ArcelorMittal 51.15 Bn 48.81 Bn - -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 13.47 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 552.10 Mn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 2.01 Bn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 -7.29 Mn
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -105.37 Mn
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 603.70 Mn
10 Hongli 15.78 -1.89 Mn - 13.39 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 13.39 Mn
Jun 30, 2025 2.08 Mn
Dec 31, 2024 7.46 Mn
Jun 30, 2024 -77,259.00
Dec 31, 2023 7.11 Mn
Jun 30, 2023 1.59 Mn
Dec 31, 2022 303,438.00
Dec 31, 2021 1.70 Mn