China · Delayed Price · Currency is CNY Hongfa Technology Statistics
Total Valuation
SHA:600885 has a market cap or net worth of CNY 54.63 billion. The enterprise value is 56.46 billion.
| Market Cap | 54.63B |
| Enterprise Value | 56.46B |
Important Dates
The last earnings date was Thursday, July 30, 2026.
| Earnings Date | Jul 30, 2026 |
| Ex-Dividend Date | May 14, 2026 |
Share Statistics
SHA:600885 has 1.55 billion shares outstanding. The number of shares has increased by 1.37% in one year.
| Current Share Class | 1.55B |
| Shares Outstanding | 1.55B |
| Shares Change (YoY) | +1.37% |
| Shares Change (QoQ) | -0.01% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | 50.27% |
| Float | 1.09B |
Valuation Ratios
The trailing PE ratio is 27.32 and the forward PE ratio is 21.25. SHA:600885's PEG ratio is 1.13.
| PE Ratio | 27.32 |
| Forward PE | 21.25 |
| PS Ratio | 2.75 |
| PB Ratio | 3.24 |
| P/TBV Ratio | 4.30 |
| P/FCF Ratio | 60.67 |
| P/OCF Ratio | 24.31 |
| PEG Ratio | 1.13 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.59, with an EV/FCF ratio of 62.70.
| EV / Earnings | 28.96 |
| EV / Sales | 2.84 |
| EV / EBITDA | 14.59 |
| EV / EBIT | 19.89 |
| EV / FCF | 62.70 |
Financial Position
The company has a current ratio of 2.20, with a Debt / Equity ratio of 0.07.
| Current Ratio | 2.20 |
| Quick Ratio | 1.49 |
| Debt / Equity | 0.07 |
| Debt / EBITDA | 0.29 |
| Debt / FCF | 1.26 |
| Interest Coverage | 31.02 |
Financial Efficiency
Return on equity (ROE) is 17.11% and return on invested capital (ROIC) is 16.72%.
| Return on Equity (ROE) | 17.11% |
| Return on Assets (ROA) | 7.58% |
| Return on Invested Capital (ROIC) | 16.72% |
| Return on Capital Employed (ROCE) | 15.68% |
| Weighted Average Cost of Capital (WACC) | 7.99% |
| Revenue Per Employee | 1.09M |
| Profits Per Employee | 107,165 |
| Employee Count | 18,190 |
| Asset Turnover | 0.85 |
| Inventory Turnover | 3.39 |
Taxes
In the past 12 months, SHA:600885 has paid 356.58 million in taxes.
| Income Tax | 356.58M |
| Effective Tax Rate | 12.16% |
Stock Price Statistics
The stock price has increased by +42.78% in the last 52 weeks. The beta is 0.68, so SHA:600885's price volatility has been lower than the market average.
| Beta (5Y) | 0.68 |
| 52-Week Price Change | +42.78% |
| 50-Day Moving Average | 34.45 |
| 200-Day Moving Average | 31.27 |
| Relative Strength Index (RSI) | 52.36 |
| Average Volume (20 Days) | 18,909,087 |
Short Selling Information
| Short Interest | n/a |
| Short Previous Month | n/a |
| Short % of Shares Out | n/a |
| Short % of Float | n/a |
| Short Ratio (days to cover) | n/a |
Income Statement
In the last 12 months, SHA:600885 had revenue of CNY 19.88 billion and earned 1.95 billion in profits. Earnings per share was 1.29.
| Revenue | 19.88B |
| Gross Profit | 6.58B |
| Operating Income | 2.84B |
| Pretax Income | 2.93B |
| Net Income | 1.95B |
| EBITDA | 3.85B |
| EBIT | 2.84B |
| Earnings Per Share (EPS) | 1.29 |
Balance Sheet
The company has 2.96 billion in cash and 1.14 billion in debt, with a net cash position of 1.82 billion or 1.18 per share.
| Cash & Cash Equivalents | 2.96B |
| Total Debt | 1.14B |
| Net Cash | 1.82B |
| Net Cash Per Share | 1.18 |
| Equity (Book Value) | 16.86B |
| Book Value Per Share | 8.54 |
| Working Capital | 9.09B |
Cash Flow
In the last 12 months, operating cash flow was 2.25 billion and capital expenditures -1.35 billion, giving a free cash flow of 900.45 million.
| Operating Cash Flow | 2.25B |
| Capital Expenditures | -1.35B |
| Depreciation & Amortization | 1.01B |
| Net Borrowing | -495.57M |
| Free Cash Flow | 900.45M |
| FCF Per Share | 0.58 |
Margins
Gross margin is 33.13%, with operating and profit margins of 14.28% and 9.81%.
| Gross Margin | 33.13% |
| Operating Margin | 14.28% |
| Pretax Margin | 14.75% |
| Profit Margin | 9.81% |
| EBITDA Margin | 19.35% |
| EBIT Margin | 14.28% |
| FCF Margin | 4.53% |
Dividends & Yields
This stock pays an annual dividend of 0.35, which amounts to a dividend yield of 0.98%.
| Dividend Per Share | 0.35 |
| Dividend Yield | 0.98% |
| Dividend Growth (YoY) | -32.62% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 33.71% |
| Buyback Yield | -1.37% |
| Shareholder Yield | -0.39% |
| Earnings Yield | 3.57% |
| FCF Yield | 1.65% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Analyst Forecast
The average price target for SHA:600885 is 41.67, which is 19.09% higher than the current price. The consensus rating is "Buy".
| Price Target | 41.67 |
| Price Target Difference | 19.09% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (3Y) | 19.37% |
| EPS Growth Forecast (3Y) | 24.53% |
Stock Splits
The last stock split was on June 19, 2025. It was a forward split with a ratio of 1.4.
| Last Split Date | Jun 19, 2025 |
| Split Type | Forward |
| Split Ratio | 1.4 |
Scores
SHA:600885 has an Altman Z-Score of 5.07 and a Piotroski F-Score of 6.
| Altman Z-Score | 5.07 |
| Piotroski F-Score | 6 |