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Side-by-side financial comparison of Hayward Holdings, Inc. (HAYW) and Li Bang International Corp Inc. (LBGJ). Click either name above to swap in a different company.

Hayward Holdings, Inc. is the larger business by last-quarter revenue ($349.4M vs $4.7M, roughly 74.1× Li Bang International Corp Inc.). Hayward Holdings, Inc. runs the higher net margin — 19.6% vs -23.9%, a 43.4% gap on every dollar of revenue.

Bartlett-Hayward Company was an American metalworking company with large foundry, fabrication, and construction business lines, located in Baltimore, Maryland. Founded in the 1830s, it was independent until 1925 and since 1927 was owned by Koppers, of which it remained a division long afterward.

Li & Fung Limited is a Hong Kong–based supply chain management company. Established in 1906, the company became publicly traded in 1973 and has since played a significant role in manufacturing apparel, toys, and various consumer goods for major North American and European retailers. Significant growth occurred after its public listing, reaching a peak market capitalization in 2011, but the rise of platforms like Alibaba and Amazon, which directly connect manufacturers with consumers, created ...

HAYW vs LBGJ — Head-to-Head

Bigger by revenue
HAYW
HAYW
74.1× larger
HAYW
$349.4M
$4.7M
LBGJ
Higher net margin
HAYW
HAYW
43.4% more per $
HAYW
19.6%
-23.9%
LBGJ

Income Statement — Q4 2025 vs Q4 2024

Metric
HAYW
HAYW
LBGJ
LBGJ
Revenue
$349.4M
$4.7M
Net Profit
$68.4M
$-1.1M
Gross Margin
40.7%
17.8%
Operating Margin
25.0%
-25.1%
Net Margin
19.6%
-23.9%
Revenue YoY
6.8%
Net Profit YoY
25.0%
EPS (diluted)
$0.31
$-0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HAYW
HAYW
LBGJ
LBGJ
Q4 25
$349.4M
Q3 25
$244.3M
Q2 25
$299.6M
Q1 25
$228.8M
Q4 24
$327.1M
$4.7M
Q3 24
$227.6M
Q2 24
$284.4M
Q1 24
$212.6M
Net Profit
HAYW
HAYW
LBGJ
LBGJ
Q4 25
$68.4M
Q3 25
$24.0M
Q2 25
$44.8M
Q1 25
$14.3M
Q4 24
$54.7M
$-1.1M
Q3 24
$16.5M
Q2 24
$37.6M
Q1 24
$9.8M
Gross Margin
HAYW
HAYW
LBGJ
LBGJ
Q4 25
40.7%
Q3 25
51.2%
Q2 25
52.7%
Q1 25
49.5%
Q4 24
51.4%
17.8%
Q3 24
49.7%
Q2 24
51.0%
Q1 24
49.2%
Operating Margin
HAYW
HAYW
LBGJ
LBGJ
Q4 25
25.0%
Q3 25
16.8%
Q2 25
23.8%
Q1 25
14.6%
Q4 24
23.4%
-25.1%
Q3 24
14.7%
Q2 24
23.9%
Q1 24
14.5%
Net Margin
HAYW
HAYW
LBGJ
LBGJ
Q4 25
19.6%
Q3 25
9.8%
Q2 25
15.0%
Q1 25
6.3%
Q4 24
16.7%
-23.9%
Q3 24
7.3%
Q2 24
13.2%
Q1 24
4.6%
EPS (diluted)
HAYW
HAYW
LBGJ
LBGJ
Q4 25
$0.31
Q3 25
$0.11
Q2 25
$0.20
Q1 25
$0.06
Q4 24
$0.26
$-0.06
Q3 24
$0.07
Q2 24
$0.17
Q1 24
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HAYW
HAYW
LBGJ
LBGJ
Cash + ST InvestmentsLiquidity on hand
$399.1M
Total DebtLower is stronger
$943.5M
$10.2M
Stockholders' EquityBook value
$1.6B
$7.8M
Total Assets
$3.2B
$28.8M
Debt / EquityLower = less leverage
0.59×
1.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAYW
HAYW
LBGJ
LBGJ
Q4 25
$399.1M
Q3 25
$448.3M
Q2 25
$365.1M
Q1 25
$181.3M
Q4 24
$196.6M
Q3 24
$274.2M
Q2 24
$215.1M
Q1 24
$115.9M
Total Debt
HAYW
HAYW
LBGJ
LBGJ
Q4 25
$943.5M
Q3 25
$947.7M
Q2 25
$949.1M
Q1 25
$950.4M
Q4 24
$950.6M
$10.2M
Q3 24
$959.9M
Q2 24
$959.8M
Q1 24
$1.1B
Stockholders' Equity
HAYW
HAYW
LBGJ
LBGJ
Q4 25
$1.6B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.4B
Q4 24
$1.4B
$7.8M
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.3B
Total Assets
HAYW
HAYW
LBGJ
LBGJ
Q4 25
$3.2B
Q3 25
$3.0B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
$28.8M
Q3 24
$2.9B
Q2 24
$2.9B
Q1 24
$2.9B
Debt / Equity
HAYW
HAYW
LBGJ
LBGJ
Q4 25
0.59×
Q3 25
0.62×
Q2 25
0.63×
Q1 25
0.66×
Q4 24
0.67×
1.31×
Q3 24
0.70×
Q2 24
0.71×
Q1 24
0.82×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HAYW
HAYW
LBGJ
LBGJ
Operating Cash FlowLast quarter
$-26.9M
$258.4K
Free Cash FlowOCF − Capex
$-35.8M
FCF MarginFCF / Revenue
-10.3%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
-0.39×
TTM Free Cash FlowTrailing 4 quarters
$227.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HAYW
HAYW
LBGJ
LBGJ
Q4 25
$-26.9M
Q3 25
$94.6M
Q2 25
$194.2M
Q1 25
$-5.8M
Q4 24
$-63.7M
$258.4K
Q3 24
$65.9M
Q2 24
$287.0M
Q1 24
$-77.2M
Free Cash Flow
HAYW
HAYW
LBGJ
LBGJ
Q4 25
$-35.8M
Q3 25
$87.2M
Q2 25
$187.3M
Q1 25
$-11.4M
Q4 24
$-70.4M
Q3 24
$59.1M
Q2 24
$282.3M
Q1 24
$-83.1M
FCF Margin
HAYW
HAYW
LBGJ
LBGJ
Q4 25
-10.3%
Q3 25
35.7%
Q2 25
62.5%
Q1 25
-5.0%
Q4 24
-21.5%
Q3 24
26.0%
Q2 24
99.3%
Q1 24
-39.1%
Capex Intensity
HAYW
HAYW
LBGJ
LBGJ
Q4 25
2.5%
Q3 25
3.0%
Q2 25
2.3%
Q1 25
2.4%
Q4 24
2.1%
Q3 24
3.0%
Q2 24
1.7%
Q1 24
2.8%
Cash Conversion
HAYW
HAYW
LBGJ
LBGJ
Q4 25
-0.39×
Q3 25
3.94×
Q2 25
4.34×
Q1 25
-0.41×
Q4 24
-1.16×
Q3 24
4.00×
Q2 24
7.64×
Q1 24
-7.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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