China · Delayed Price · Currency is CNY Hongfa Technology Statistics
Total Valuation
SHA:600885 has a market cap or net worth of CNY 53.38 billion. The enterprise value is 55.06 billion.
| Market Cap | 53.38B |
| Enterprise Value | 55.06B |
Important Dates
The next confirmed earnings date is 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 1.10% in one year.
| Current Share Class | 1.55B |
| Shares Outstanding | 1.55B |
| Shares Change (YoY) | +1.10% |
| Shares Change (QoQ) | +4.63% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | 53.82% |
| Float | 1.10B |
Valuation Ratios
The trailing PE ratio is 28.01 and the forward PE ratio is 23.53. SHA:600885's PEG ratio is 1.75.
| PE Ratio | 28.01 |
| Forward PE | 23.53 |
| PS Ratio | 2.91 |
| PB Ratio | 3.22 |
| P/TBV Ratio | 4.23 |
| P/FCF Ratio | 39.49 |
| P/OCF Ratio | 20.45 |
| PEG Ratio | 1.75 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.57, with an EV/FCF ratio of 40.74.
| EV / Earnings | 30.08 |
| EV / Sales | 3.00 |
| EV / EBITDA | 14.57 |
| EV / EBIT | 19.90 |
| EV / FCF | 40.74 |
Financial Position
The company has a current ratio of 2.57, with a Debt / Equity ratio of 0.06.
| Current Ratio | 2.57 |
| Quick Ratio | 1.72 |
| Debt / Equity | 0.06 |
| Debt / EBITDA | 0.26 |
| Debt / FCF | 0.72 |
| Interest Coverage | 24.26 |
Financial Efficiency
Return on equity (ROE) is 16.46% and return on invested capital (ROIC) is 17.36%.
| Return on Equity (ROE) | 16.46% |
| Return on Assets (ROA) | 7.73% |
| Return on Invested Capital (ROIC) | 17.36% |
| Return on Capital Employed (ROCE) | 15.56% |
| Weighted Average Cost of Capital (WACC) | 7.84% |
| Revenue Per Employee | 1.01M |
| Profits Per Employee | 100,644 |
| Employee Count | 18,190 |
| Asset Turnover | 0.82 |
| Inventory Turnover | 3.34 |
Taxes
In the past 12 months, SHA:600885 has paid 360.04 million in taxes.
| Income Tax | 360.04M |
| Effective Tax Rate | 12.89% |
Stock Price Statistics
The stock price has increased by +70.06% in the last 52 weeks. The beta is 0.65, so SHA:600885's price volatility has been lower than the market average.
| Beta (5Y) | 0.65 |
| 52-Week Price Change | +70.06% |
| 50-Day Moving Average | 32.67 |
| 200-Day Moving Average | 30.03 |
| Relative Strength Index (RSI) | 64.88 |
| Average Volume (20 Days) | 18,220,769 |
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 18.33 billion and earned 1.83 billion in profits. Earnings per share was 1.23.
| Revenue | 18.33B |
| Gross Profit | 6.18B |
| Operating Income | 2.77B |
| Pretax Income | 2.79B |
| Net Income | 1.83B |
| EBITDA | 3.76B |
| EBIT | 2.77B |
| Earnings Per Share (EPS) | 1.23 |
Balance Sheet
The company has 2.74 billion in cash and 966.54 million in debt, with a net cash position of 1.78 billion or 1.15 per share.
| Cash & Cash Equivalents | 2.74B |
| Total Debt | 966.54M |
| Net Cash | 1.78B |
| Net Cash Per Share | 1.15 |
| Equity (Book Value) | 16.56B |
| Book Value Per Share | 8.46 |
| Working Capital | 9.09B |
Cash Flow
In the last 12 months, operating cash flow was 2.61 billion and capital expenditures -1.26 billion, giving a free cash flow of 1.35 billion.
| Operating Cash Flow | 2.61B |
| Capital Expenditures | -1.26B |
| Depreciation & Amortization | 991.84M |
| Net Borrowing | -1.43B |
| Free Cash Flow | 1.35B |
| FCF Per Share | 0.87 |
Margins
Gross margin is 33.73%, with operating and profit margins of 15.10% and 9.99%.
| Gross Margin | 33.73% |
| Operating Margin | 15.10% |
| Pretax Margin | 15.24% |
| Profit Margin | 9.99% |
| EBITDA Margin | 20.51% |
| EBIT Margin | 15.10% |
| FCF Margin | 7.37% |
Dividends & Yields
This stock pays an annual dividend of 0.35, which amounts to a dividend yield of 1.01%.
| Dividend Per Share | 0.35 |
| Dividend Yield | 1.01% |
| Dividend Growth (YoY) | -32.62% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 34.35% |
| Buyback Yield | -1.10% |
| Shareholder Yield | -0.08% |
| Earnings Yield | 3.43% |
| FCF Yield | 2.53% |
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 37.25, which is -1.82% lower than the current price. The consensus rating is "Buy".
| Price Target | 37.25 |
| Price Target Difference | -1.82% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (3Y) | 16.41% |
| EPS Growth Forecast (3Y) | 22.10% |
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 5.65 and a Piotroski F-Score of 6.
| Altman Z-Score | 5.65 |
| Piotroski F-Score | 6 |