China · Delayed Price · Currency is CNY Hongfa Technology Statistics
Total Valuation
SHA:600885 has a market cap or net worth of CNY 51.01 billion. The enterprise value is 52.80 billion.
| Market Cap | 51.01B |
| Enterprise Value | 52.80B |
Important Dates
The last earnings date was Friday, October 30, 2026.
| Earnings Date | Oct 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 2.19% in one year.
| Current Share Class | 1.55B |
| Shares Outstanding | 1.55B |
| Shares Change (YoY) | +2.19% |
| Shares Change (QoQ) | -0.02% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | 50.08% |
| Float | 1.10B |
Valuation Ratios
The trailing PE ratio is 24.05 and the forward PE ratio is 19.09. SHA:600885's PEG ratio is 0.90.
| PE Ratio | 24.05 |
| Forward PE | 19.09 |
| PS Ratio | 2.36 |
| PB Ratio | 2.88 |
| P/TBV Ratio | 3.83 |
| P/FCF Ratio | 68.94 |
| P/OCF Ratio | 23.16 |
| PEG Ratio | 0.90 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.46, with an EV/FCF ratio of 71.36.
| EV / Earnings | 25.17 |
| EV / Sales | 2.44 |
| EV / EBITDA | 12.46 |
| EV / EBIT | 16.70 |
| EV / FCF | 71.36 |
Financial Position
The company has a current ratio of 2.26, with a Debt / Equity ratio of 0.06.
| Current Ratio | 2.26 |
| Quick Ratio | 1.50 |
| Debt / Equity | 0.06 |
| Debt / EBITDA | 0.26 |
| Debt / FCF | 1.46 |
| Interest Coverage | 74.00 |
Financial Efficiency
Return on equity (ROE) is 17.51% and return on invested capital (ROIC) is 18.18%.
| Return on Equity (ROE) | 17.51% |
| Return on Assets (ROA) | 8.13% |
| Return on Invested Capital (ROIC) | 18.18% |
| Return on Capital Employed (ROCE) | 16.61% |
| Weighted Average Cost of Capital (WACC) | 7.96% |
| Revenue Per Employee | 1.19M |
| Profits Per Employee | 115,326 |
| Employee Count | 18,190 |
| Asset Turnover | 0.89 |
| Inventory Turnover | 3.26 |
Taxes
In the past 12 months, SHA:600885 has paid 369.74 million in taxes.
| Income Tax | 369.74M |
| Effective Tax Rate | 11.78% |
Stock Price Statistics
The stock price has increased by +7.12% in the last 52 weeks. The beta is 0.69, so SHA:600885's price volatility has been lower than the market average.
| Beta (5Y) | 0.69 |
| 52-Week Price Change | +7.12% |
| 50-Day Moving Average | 32.89 |
| 200-Day Moving Average | 32.16 |
| Relative Strength Index (RSI) | 59.57 |
| Average Volume (20 Days) | 15,428,848 |
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 21.63 billion and earned 2.10 billion in profits. Earnings per share was 1.37.
| Revenue | 21.63B |
| Gross Profit | 7.13B |
| Operating Income | 3.16B |
| Pretax Income | 3.14B |
| Net Income | 2.10B |
| EBITDA | 4.19B |
| EBIT | 3.16B |
| Earnings Per Share (EPS) | 1.37 |
Balance Sheet
The company has 3.15 billion in cash and 1.08 billion in debt, with a net cash position of 2.07 billion or 1.34 per share.
| Cash & Cash Equivalents | 3.15B |
| Total Debt | 1.08B |
| Net Cash | 2.07B |
| Net Cash Per Share | 1.34 |
| Equity (Book Value) | 17.72B |
| Book Value Per Share | 8.96 |
| Working Capital | 9.74B |
Cash Flow
In the last 12 months, operating cash flow was 2.20 billion and capital expenditures -1.46 billion, giving a free cash flow of 739.91 million.
| Operating Cash Flow | 2.20B |
| Capital Expenditures | -1.46B |
| Depreciation & Amortization | 1.02B |
| Net Borrowing | 147.10M |
| Free Cash Flow | 739.91M |
| FCF Per Share | 0.48 |
Margins
Gross margin is 32.95%, with operating and profit margins of 14.62% and 9.70%.
| Gross Margin | 32.95% |
| Operating Margin | 14.62% |
| Pretax Margin | 14.51% |
| Profit Margin | 9.70% |
| EBITDA Margin | 19.36% |
| EBIT Margin | 14.62% |
| FCF Margin | 3.42% |
Dividends & Yields
This stock pays an annual dividend of 0.35, which amounts to a dividend yield of 1.05%.
| Dividend Per Share | 0.35 |
| Dividend Yield | 1.05% |
| Dividend Growth (YoY) | -32.62% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 28.33% |
| FCF Payout Ratio | 72.58% |
| Buyback Yield | -2.19% |
| Shareholder Yield | -1.13% |
| Earnings Yield | 4.16% |
| FCF Yield | 1.45% |
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 42.95, which is 30.31% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | 42.95 |
| Price Target Difference | 30.31% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (3Y) | 20.46% |
| 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
| Altman Z-Score | n/a |
| Piotroski F-Score | 6 |