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Hongfa Technology SHSE:600885 Stock Report

Last Price

CN¥27.80

Market Cap

CN¥29.0b

7D

6.8%

1Y

-12.5%

Updated

18 Apr, 2024

Data

Company Financials +

Hongfa Technology Co., Ltd.

SHSE:600885 Stock Report

Market Cap: CN¥29.0b

600885 Stock Overview

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.

600885 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends3/6

Hongfa Technology Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hongfa Technology
Historical stock prices
Current Share PriceCN¥27.80
52 Week HighCN¥35.64
52 Week LowCN¥20.90
Beta0.82
1 Month Change6.23%
3 Month Change10.45%
1 Year Change-12.47%
3 Year Change-25.15%
5 Year Change56.68%
Change since IPO367.31%

Recent News & Updates

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

Recent updates

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
7D6.8%-0.6%-0.4%
1Y-12.5%-17.6%-17.6%

Return vs Industry: 600885 exceeded the CN Electrical industry which returned -19.7% over the past year.

Return vs Market: 600885 exceeded the CN Market which returned -17.8% over the past year.

Price Volatility

Is 600885's price volatile compared to industry and market?
600885 volatility
600885 Average Weekly Movement6.2%
Electrical Industry Average Movement9.3%
Market Average Movement8.9%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.4%

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

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 also provides film capacitor application, such as reactive compensation, AC filter, lighting, telecommunication, home appliance, power supply, industrial controls, etc.; industrial robot and automatic production lines; vacuum interrupters, power connectors, transformers, and electronic modules; and vacuum pumps and snap-action switches.

Hongfa Technology Co., Ltd. Fundamentals Summary

How do Hongfa Technology's earnings and revenue compare to its market cap?
600885 fundamental statistics
Market capCN¥28.99b
Earnings (TTM)CN¥1.39b
Revenue (TTM)CN¥12.93b

20.8x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600885 income statement (TTM)
RevenueCN¥12.93b
Cost of RevenueCN¥8.18b
Gross ProfitCN¥4.75b
Other ExpensesCN¥3.36b
EarningsCN¥1.39b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 25, 2024

Earnings per share (EPS)1.34
Gross Margin36.77%
Net Profit Margin10.77%
Debt/Equity Ratio26.3%

How did 600885 perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

33%

Payout Ratio
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