company background image
600885 logo

Hongfa Technology SHSE:600885 Stock Report

Last Price

CN¥29.00

Market Cap

CN¥30.1b

7D

3.9%

1Y

-5.2%

Updated

31 May, 2024

Data

Company Financials +

Hongfa Technology Co., Ltd.

SHSE:600885 Stock Report

Market Cap: CN¥30.1b

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.

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¥29.00
52 Week HighCN¥35.64
52 Week LowCN¥20.90
Beta0.83
1 Month Change1.40%
3 Month Change14.35%
1 Year Change-5.23%
3 Year Change-26.98%
5 Year Change78.46%
Change since IPO387.48%

Recent News & Updates

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

Recent updates

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
7D3.9%0.2%-1.5%
1Y-5.2%-13.8%-11.8%

Return vs Industry: 600885 exceeded the CN Electrical industry which returned -13.8% over the past year.

Return vs Market: 600885 exceeded the CN Market which returned -11.8% over the past year.

Price Volatility

Is 600885's price volatile compared to industry and market?
600885 volatility
600885 Average Weekly Movement4.8%
Electrical Industry Average Movement7.2%
Market Average Movement6.6%
10% most volatile stocks in CN Market10.0%
10% least volatile stocks in CN Market4.1%

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

Volatility Over Time: 600885's weekly volatility (5%) 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¥30.06b
Earnings (TTM)CN¥1.42b
Revenue (TTM)CN¥13.12b

21.3x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600885 income statement (TTM)
RevenueCN¥13.12b
Cost of RevenueCN¥8.29b
Gross ProfitCN¥4.83b
Other ExpensesCN¥3.41b
EarningsCN¥1.42b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.36
Gross Margin36.83%
Net Profit Margin10.81%
Debt/Equity Ratio27.3%

How did 600885 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

32%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.