Since the codec is Lossless, there wont be any subjective measurement in quality like lossy codec. And all we need to look at are Compressed Size, Encoding and Decoding time.

It wasn't that long ago JPEG XL manage to break through the best of all Lossless Image codec, from WebP to AVIF.

Now not only HALIC compress better than JPEG XL in photographic images, it also does it anywhere from 5 to 20x less encoding or decoding time. Along with far less memory resources.