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Hongfa Technology SHSE:600885 Stock Report

Last Price

CN¥32.32

Market Cap

CN¥33.7b

7D

2.3%

1Y

4.7%

Updated

21 Oct, 2024

Data

Company Financials +

Hongfa Technology Co., Ltd.

SHSE:600885 Stock Report

Market Cap: CN¥33.7b

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
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends4/6

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¥32.32
52 Week HighCN¥35.81
52 Week LowCN¥20.90
Beta0.88
11 Month Change19.26%
3 Month Change18.65%
1 Year Change4.66%
33 Year Change-37.63%
5 Year Change74.43%
Change since IPO443.29%

Recent News & Updates

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?

Recent updates

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
7D2.3%2.7%2.7%
1Y4.7%9.6%4.6%

Return vs Industry: 600885 underperformed the CN Electrical industry which returned 9.6% over the past year.

Return vs Market: 600885 matched the CN Market which returned 4.6% over the past year.

Price Volatility

Is 600885's price volatile compared to industry and market?
600885 volatility
600885 Average Weekly Movement6.4%
Electrical Industry Average Movement8.0%
Market Average Movement7.6%
10% most volatile stocks in CN Market11.5%
10% least volatile stocks in CN Market5.3%

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¥33.70b
Earnings (TTM)CN¥1.51b
Revenue (TTM)CN¥13.52b

22.4x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600885 income statement (TTM)
RevenueCN¥13.52b
Cost of RevenueCN¥8.63b
Gross ProfitCN¥4.89b
Other ExpensesCN¥3.39b
EarningsCN¥1.51b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 31, 2024

Earnings per share (EPS)1.44
Gross Margin36.19%
Net Profit Margin11.13%
Debt/Equity Ratio25.3%

How did 600885 perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

30%

Payout Ratio