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Hongfa Technology SHSE:600885 Stock Report

Last Price

CN¥31.64

Market Cap

CN¥33.0b

7D

-0.6%

1Y

24.5%

Updated

20 Dec, 2024

Data

Company Financials +

Hongfa Technology Co., Ltd.

SHSE:600885 Stock Report

Market Cap: CN¥33.0b

600885 Stock Overview

Manufactures and supplies relays, medium and low voltage electrical appliances, high and low voltage complete equipment, connectors, capacitors, precision parts, and automation equipment worldwide. More details

600885 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

Hongfa Technology Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hongfa Technology
Historical stock prices
Current Share PriceCN¥31.64
52 Week HighCN¥35.81
52 Week LowCN¥20.90
Beta0.83
1 Month Change-2.13%
3 Month Change16.75%
1 Year Change24.52%
3 Year Change-37.66%
5 Year Change31.87%
Change since IPO431.86%

Recent News & Updates

Recent updates

Hongfa Technology (SHSE:600885) Has A Pretty Healthy Balance Sheet

Nov 27
Hongfa Technology (SHSE:600885) Has A Pretty Healthy Balance Sheet

Is Hongfa Technology Co., Ltd. (SHSE:600885) Potentially Undervalued?

Nov 14
Is Hongfa Technology Co., Ltd. (SHSE:600885) Potentially Undervalued?

Earnings Working Against Hongfa Technology Co., Ltd.'s (SHSE:600885) Share Price

Oct 16
Earnings Working Against Hongfa Technology Co., Ltd.'s (SHSE:600885) Share Price

Return Trends At Hongfa Technology (SHSE:600885) Aren't Appealing

Oct 03
Return Trends At Hongfa Technology (SHSE:600885) Aren't Appealing

Is There An Opportunity With Hongfa Technology Co., Ltd.'s (SHSE:600885) 20% Undervaluation?

Sep 05
Is There An Opportunity With Hongfa Technology Co., Ltd.'s (SHSE:600885) 20% Undervaluation?

Hongfa Technology (SHSE:600885) Has A Pretty Healthy Balance Sheet

Aug 23
Hongfa Technology (SHSE:600885) Has A Pretty Healthy Balance Sheet

Why Hongfa Technology Co., Ltd. (SHSE:600885) Could Be Worth Watching

Aug 05
Why Hongfa Technology Co., Ltd. (SHSE:600885) Could Be Worth Watching

Returns On Capital At Hongfa Technology (SHSE:600885) Have Hit The Brakes

Jul 04
Returns On Capital At Hongfa Technology (SHSE:600885) Have Hit The Brakes

Why Investors Shouldn't Be Surprised By Hongfa Technology Co., Ltd.'s (SHSE:600885) Low P/E

Jun 20
Why Investors Shouldn't Be Surprised By Hongfa Technology Co., Ltd.'s (SHSE:600885) Low P/E

Does This Valuation Of Hongfa Technology Co., Ltd. (SHSE:600885) Imply Investors Are Overpaying?

May 22
Does This Valuation Of Hongfa Technology Co., Ltd. (SHSE:600885) Imply Investors Are Overpaying?

Hongfa Technology Co., Ltd. (SHSE:600885) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Apr 02
Hongfa Technology Co., Ltd. (SHSE:600885) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Is Now An Opportune Moment To Examine Hongfa Technology Co., Ltd. (SHSE:600885)?

Mar 26
Is Now An Opportune Moment To Examine Hongfa Technology Co., Ltd. (SHSE:600885)?

Investors Aren't Buying Hongfa Technology Co., Ltd.'s (SHSE:600885) Earnings

Mar 13
Investors Aren't Buying Hongfa Technology Co., Ltd.'s (SHSE:600885) Earnings

Hongfa Technology's (SHSE:600885) Returns On Capital Not Reflecting Well On The Business

Feb 29
Hongfa Technology's (SHSE:600885) Returns On Capital Not Reflecting Well On The Business

Shareholder Returns

600885CN ElectricalCN Market
7D-0.6%-2.7%-3.5%
1Y24.5%23.8%10.9%

Return vs Industry: 600885 matched the CN Electrical industry which returned 23.8% over the past year.

Return vs Market: 600885 exceeded the CN Market which returned 10.9% over the past year.

Price Volatility

Is 600885's price volatile compared to industry and market?
600885 volatility
600885 Average Weekly Movement5.7%
Electrical Industry Average Movement8.9%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 600885 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600885's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198415,297Guo Manjinwww.hongfa.com

Hongfa Technology Co., Ltd. manufactures and supplies relays, medium and low voltage electrical appliances, high and low voltage complete equipment, connectors, capacitors, precision parts, and automation equipment worldwide. The company offers industrial, power, latching, automotive, signal, high voltage DC, high frequency relays, as well as relay sockets and modules; and low-voltage devices, such as control appliance, distribution appliance, and terminal apparatus. It provides film capacitor application, such as reactive compensation, AC filter, lighting, telecommunication, home appliance, power supply, industrial controls, etc. The company was formerly known as WuHan LiNuo Solar Energy Group Co., Ltd.

Hongfa Technology Co., Ltd. Fundamentals Summary

How do Hongfa Technology's earnings and revenue compare to its market cap?
600885 fundamental statistics
Market capCN¥32.99b
Earnings (TTM)CN¥1.56b
Revenue (TTM)CN¥13.92b

21.2x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600885 income statement (TTM)
RevenueCN¥13.92b
Cost of RevenueCN¥8.93b
Gross ProfitCN¥4.98b
Other ExpensesCN¥3.42b
EarningsCN¥1.56b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.50
Gross Margin35.81%
Net Profit Margin11.20%
Debt/Equity Ratio32.0%

How did 600885 perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

29%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:06
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hongfa Technology Co., Ltd. is covered by 31 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cheng ShenBOCI Research Ltd.
Fiona LiangBofA Global Research
Hazim BahariCFRA Equity Research