Hongli Group annual r&d spending
2020
2021
2022
2023
2024
2025
Hongli Group R&D Spending Growth & History (HLP)
Hongli Group's r&d spending was $994,500 for fiscal 2025.
View full Hongli Group company overviewHongli Group annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $994,500 | $176,188 | +21.53% |
| 2024 | 2024-12-31 | $818,312 | −$144,649 | −15.02% |
| 2023 | 2023-12-31 | $962,961 | −$449,394 | −31.82% |
| 2022 | 2022-12-31 | $1.4M | −$54,327 | −3.70% |
| 2021 | 2021-12-31 | $1.5M | $822,724 | +127.76% |
| 2020 | 2020-12-31 | $643,958 | — | — |
Hongli Group r&d spending trends
Over the last five fiscal years, Hongli Group's r&d spending increased from $643,958 to $994,500, a change of $350,542.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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