Hongfa Technology Co., Ltd.

XSSC:600885 Stock Report

Market Cap: CN¥32.4b

Hongfa Technology Past Earnings Performance

Past criteria checks 4/6

Hongfa Technology has been growing earnings at an average annual rate of 17%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 14.9% per year. Hongfa Technology's return on equity is 17.3%, and it has net margins of 11.2%.

Key information

17.0%

Earnings growth rate

17.0%

EPS growth rate

Electrical Industry Growth14.0%
Revenue growth rate14.9%
Return on equity17.3%
Net Margin11.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Hongfa Technology makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

XSSC:600885 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2413,9161,5591,910731
30 Jun 2413,5201,5051,854719
31 Mar 2413,1191,4191,803698
31 Dec 2312,9301,3931,751671
30 Sep 2312,5701,3851,659689
30 Jun 2312,4171,3621,649677
31 Mar 2312,0351,3011,563643
31 Dec 2211,6461,2501,491616
30 Sep 2211,4171,2101,423558
30 Jun 2210,9451,1631,393507
31 Mar 2210,5181,1111,383513
31 Dec 2110,0231,0631,374495
30 Sep 219,9461,0561,410468
30 Jun 219,3259951,356440
31 Mar 218,7599211,353416
31 Dec 207,8198321,250381
30 Sep 207,3717451,190352
30 Jun 207,1167071,148353
31 Mar 206,8966891,102347
31 Dec 197,0817041,120350
30 Sep 196,9746661,076332
30 Jun 196,9316861,063326
31 Mar 196,9096891,063335
01 Jan 196,8806991,038328
30 Sep 186,5636901,018330
30 Jun 186,347649799447
31 Mar 186,270686846358
31 Dec 176,020685875291
30 Sep 175,885687940208
30 Jun 175,6466591,0940
31 Mar 175,2916131,0430
31 Dec 165,0835829930
30 Sep 164,7455499070
30 Jun 164,5745269110
31 Mar 164,3634928890
31 Dec 154,2484728300
30 Sep 154,1444817940
30 Jun 154,2234957800
31 Mar 154,1914667170
31 Dec 144,0634306990
30 Sep 144,0324396940
30 Jun 143,7284006260
31 Mar 143,5463525970
31 Dec 133,4253285670

Quality Earnings: 600885 has high quality earnings.

Growing Profit Margin: 600885's current net profit margins (11.2%) are higher than last year (11%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 600885's earnings have grown by 17% per year over the past 5 years.

Accelerating Growth: 600885's earnings growth over the past year (12.6%) is below its 5-year average (17% per year).

Earnings vs Industry: 600885 earnings growth over the past year (12.6%) exceeded the Electrical industry 1.1%.

Return on Equity

High ROE: 600885's Return on Equity (17.3%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 11:23
End of Day Share Price 2024/12/26 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