YOLFTbeta
Hongfa Technology Co Ltd

Hongfa Technology Co Ltd

600885 · SHG · Industrials / Electrical Equipment & Parts

32.80CNY-0.52 (-1.56%)

Price History

Full chart

Market Stats

Previous Close33.32
Open33.23
Day Range32.62 – 33.48
52-Week Range24.69 – 40.41
Volume8.79M
Market Cap51.89B
P/E (TTM)25.99
Forward P/E20.88
EPS1.29
Dividend Yield1.03%
Beta0.68
50-Day Avg34.70
200-Day Avg32.16

About

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 power, automotive, high voltage dc, latching, signal, high-frequency, reed, industrial, and solid-state relays; relay socket and module; application electronic modules; low-voltage devices, such as control appliance, distribution appliance, and terminal apparatus; and fuse, vacuum interrupters, and automation equipment. It provides film capacitor applications, 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. was founded in 1984 and is headquartered in Xiamen, China.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Guo Manjin
  • Employees18.19K
  • Headquarters560 Donglin Rd, Xiamen, China, 361021, China
  • Websitehttps://www.hongfa.com

Leadership

  • Mr. Guo ManjinGM & Chairman of the Board of Directors · b. 1948
  • Mr. Zhen Tian LiuCFO, Deputy GM & Director · b. 1968
  • Mr. Dan Dan LinDeputy GM, Secretary & Director · b. 1974
  • Min HuiAccounting Supervisor

Financials

Income Statement

Currency: CNY1992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue193.72M223.32M197.42M211.90M181.29M177.85M155.35M123.07M102.70M102.92M203.24M234.94M316.96M318.04M451.89M556.87M631.67M594.61M660.96M3.02B3.01B3.43B4.06B4.25B5.08B6.02B6.88B7.08B7.82B10.02B11.65B12.93B14.10B17.20B
Growth (%)-+15.28%-11.60%+7.33%-14.44%-1.90%-12.65%-20.78%-16.55%+0.22%+97.46%+15.60%+34.91%+0.34%+42.09%+23.23%+13.43%-5.87%+11.16%+356.89%-0.38%+13.86%+18.61%+4.55%+19.66%+18.44%+14.28%+2.93%+10.42%+28.18%+16.20%+11.02%+9.07%+21.98%
Cost of Revenue129.85M160.31M155.30M163.45M141.84M136.83M125.41M99.02M79.37M74.30M150.89M186.34M263.98M262.13M320.51M441.68M508.07M530.21M447.65M540.12M2.04B2.25B2.61B2.62B3.09B3.65B4.37B4.46B4.96B6.58B7.58B8.19B9.01B11.30B
Gross Profit63.87M63.01M42.12M48.45M39.45M41.03M29.94M24.05M23.33M28.62M52.35M48.60M52.98M55.90M53.90M115.19M123.60M64.40M92.21M944.00M965.93M1.18B1.45B1.63B2.00B2.37B2.51B2.63B2.86B3.45B4.06B4.74B5.09B5.90B
Gross Margin32.97%28.21%21.34%22.86%21.76%23.07%19.27%19.54%22.72%27.81%25.76%20.69%16.71%17.58%11.93%20.68%19.57%10.83%13.95%31.26%32.11%34.33%35.74%38.41%39.26%39.36%36.50%37.08%36.56%34.38%34.90%36.68%36.11%34.32%
Operating Expense44.02M43.99M29.99M33.14M39.61M37.57M57.15M35.40M38.53M24.05M35.03M35.33M30.78M32.31M60.49M98.62M132.80M146.73M60.19M565.99M493.04M617.65M796.58M870.54M1.04B1.22B1.40B1.49B1.55B1.82B2.16B2.49B2.65B3.10B
Operating Income19.85M19.02M12.13M15.31M-153.60K3.46M-27.21M-11.34M-15.20M4.57M17.32M13.27M22.20M23.59M-6.59M16.57M-9.20M-82.34M32.03M378.01M472.89M558.39M655.57M760.90M952.44M1.15B1.11B1.14B1.31B1.63B1.91B2.25B2.44B2.81B
Operating Margin10.25%8.52%6.15%7.22%-0.08%1.94%-17.51%-9.22%-14.80%4.44%8.52%5.65%7.00%7.42%-1.46%2.97%-1.46%-13.85%4.85%12.52%15.72%16.30%16.14%17.91%18.74%19.11%16.16%16.08%16.69%16.22%16.39%17.41%17.33%16.32%
EBITDA20.81M21.16M16.51M21.01M5.25M9.29M-9.38M5.73M8.78M26.12M61.68M62.16M55.28M65.84M6.85M91.03M54.50M-20.79M109.93M543.93M588.66M677.43M824.01M906.99M1.14B1.47B1.54B1.56B1.67B2.04B2.55B3.09B3.23B3.84B
EBITDA Margin10.74%9.48%8.36%9.91%2.90%5.22%-6.04%4.66%8.55%25.38%30.35%26.46%17.44%20.70%1.52%16.35%8.63%-3.50%16.63%18.01%19.57%19.78%20.28%21.35%22.46%24.36%22.45%22.08%21.38%20.39%21.90%23.90%22.89%22.33%
Net Income15.67M15.71M10.75M13.94M1.59M3.46M-27.21M1.31M-15.37M4.21M17.16M9.80M2.30M1.65M-69.12M2.93M-54.77M-121.21M9.97M227.44M279.13M328.18M429.87M472.30M581.77M684.99M698.85M704.05M832.14M1.06B1.25B1.39B1.63B1.76B
Net Income Margin8.09%7.03%5.44%6.58%0.87%1.94%-17.52%1.07%-14.96%4.10%8.44%4.17%0.72%0.52%-15.30%0.53%-8.67%-20.39%1.51%7.53%9.28%9.58%10.58%11.12%11.45%11.38%10.16%9.94%10.64%10.60%10.74%10.77%11.57%10.22%
R&D-------------------60.09M119.79M161.50M177.39M206.87M250.18M293.92M330.74M350.42M381.17M495.30M617.50M673.33M784.92M913.62M
R&D as % of Total Revenue-------------------1.99%3.98%4.72%4.37%4.87%4.92%4.88%4.81%4.95%4.87%4.94%5.30%5.21%5.57%5.31%
Interest Expense6.48M5.91M7.91M7.58M7.35M8.95M10.68M14.11M18.18M13.04M19.42M20.80M20.92M23.79M22.46M29.28M37.08M35.88M54.11M59.25M59.58M42.18M31.72M36.91M38.11M43.90M61.19M79.38M61.61M61.26M120.89M127.23M147.53M138.83M
Interest Expense % of Total Revenue3.34%2.64%4.01%3.58%4.05%5.03%6.87%11.46%17.71%12.67%9.55%8.85%6.60%7.48%4.97%5.26%5.87%6.04%8.19%1.96%1.98%1.23%0.78%0.87%0.75%0.73%0.89%1.12%0.79%0.61%1.04%0.98%1.05%0.81%

Balance Sheet

Currency: CNY1992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets218.80M292.50M332.23M397.61M444.47M465.66M431.76M423.13M430.35M547.74M584.02M641.85M821.29M820.92M727.35M756.13M800.66M578.14M590.49M634.47M2.96B4.38B4.74B5.40B6.50B7.64B8.89B10.20B10.84B13.67B15.99B17.72B20.66B23.36B
Total Liabilities97.45M166.80M192.65M253.03M230.98M249.20M254.23M271.62M294.30M410.14M387.96M435.76M612.65M610.67M569.13M591.83M680.17M583.71M558.45M761.89M1.31B1.43B1.25B1.49B1.96B2.37B2.91B3.61B3.44B4.93B6.04B6.67B8.12B7.35B
Total Equity121.35M125.70M136.99M141.77M210.65M213.49M174.66M148.86M132.57M136.85M195.92M205.98M208.49M210.16M141.18M140.73M89.14M-28.26M6.32M-151.96M1.12B2.17B2.60B2.92B3.40B3.94B4.43B4.92B5.53B6.55B7.50B8.34B9.50B12.63B
Cash---9.36M11.73M15.15M9.71M7.90M11.29M31.80M34.81M65.51M85.35M96.72M70.64M77.05M91.02M43.96M35.28M33.69M255.12M1.24B777.51M623.12M637.93M721.60M907.44M1.39B898.24M1.71B1.36B1.94B3.95B3.62B
Total Debt---178.22M185.61M201.50M211.51M223.96M238.94M282.45M265.75M284.64M387.41M365.07M315.17M353.36M421.43M311.52M273.84M266.31M735.10M726.19M530.77M607.51M621.75M839.41M1.30B1.17B1.02B1.71B2.35B1.96B3.80B-
Net Debt---168.86M173.87M186.35M201.80M216.05M227.65M250.65M230.94M219.12M302.06M268.35M244.53M276.31M330.41M267.56M238.57M232.62M479.98M-510.24M-246.73M-15.61M-16.18M117.81M391.49M-219.90M122.89M3.72M994.62M13.03M-152.40M-

Cash Flow

Currency: CNY1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-5.15M-12.64M6.07M5.42M42.90M75.78M1.68M64.06M68.84M39.16M58.59M30.38M74.30M195.24M330.63M460.69M351.69M758.18M497.71M650.31M827.47M1.68B719.59M911.84M1.59B2.66B2.23B2.97B
Investing Cash Flow-2.87M7.32M461.21K-10.63M-46.18M-45.02M-64.10M-8.60M-39.02M-33.38M-80.55M-32.52M-9.37M-14.48M-76.39M-263.75M-568.58M-741.61M-361.95M-588.28M-875.82M-794.41M-702.72M-777.88M-2.00B-1.66B-2.21B-
Financing Cash Flow2.59M3.51M-3.15M30.80M7.12M-58.87K82.26M-44.09M-55.91M-12.83M34.24M-44.92M-73.62M-186.78M-339.39M774.32M-261.23M-175.22M-131.34M39.54M222.65M-430.25M-474.48M639.49M46.69M-584.05M110.91M-
Capital Expenditure2.40M5.53M714.79K10.77M44.91M46.69M64.20M30.07M41.56M26.28M89.32M37.12M17.23M10.89M93.10M203.61M404.62M646.66M529.89M668.41M826.45M775.38M677.38M924.76M1.52B1.03B1.16B1.18B
Free Cash Flow-7.55M-18.17M5.36M-5.35M-2.00M29.09M-62.52M33.99M27.28M12.88M-30.72M-6.74M57.07M184.34M237.52M257.09M-52.93M111.52M-32.18M-18.10M1.02M905.57M42.21M-12.92M75.63M1.63B1.08B1.79B
Dividends Paid8.49M7.74M7.89M9.02M19.42M19.06M20.51M21.64M19.71M26.46M33.06M28.16M45.11M61.85M61.79M38.67M27.46M163.40M140.89M169.84M236.05M215.98M215.98M253.22M319.50M385.61M489.17M619.62M
FCF to OCF146.57%143.75%88.23%-98.57%-4.67%38.39%-3727.82%53.06%39.62%32.89%-52.44%-22.18%76.81%94.42%71.84%55.80%-15.05%14.71%-6.47%-2.78%0.12%53.87%5.87%-1.42%4.74%61.13%48.20%60.15%
Dividend Paid to FCF-112.42%-42.58%147.20%-168.78%-968.59%65.51%-32.80%63.66%72.25%205.47%-107.60%-417.99%79.04%33.55%26.01%15.04%-51.87%146.53%-437.87%-938.34%23150.45%23.85%511.70%-1959.52%422.46%23.71%45.42%34.70%

Earnings

Report DateMar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012May 29, 2013Aug 28, 2013Nov 27, 2013Feb 26, 2014May 28, 2014Aug 11, 2014Oct 30, 2014Mar 26, 2015Apr 29, 2015Jul 30, 2015Oct 30, 2015Mar 30, 2016Apr 30, 2016Jul 29, 2016Oct 28, 2016Mar 30, 2017Apr 28, 2017Jul 31, 2017Oct 30, 2017Mar 29, 2018Apr 28, 2018Jul 30, 2018Oct 30, 2018Mar 29, 2019Apr 29, 2019Jul 30, 2019Oct 30, 2019Apr 29, 2020Jul 30, 2020Oct 28, 2020Feb 2, 2021Apr 29, 2021Aug 30, 2021Oct 29, 2021Mar 10, 2022Apr 26, 2022Aug 15, 2022Oct 28, 2022Mar 30, 2023Apr 27, 2023Jul 26, 2023Oct 30, 2023Mar 29, 2024Apr 24, 2024Aug 8, 2024Oct 30, 2024Mar 28, 2025Apr 28, 2025Jul 29, 2025Oct 30, 2025Dec 31, 2025Apr 29, 2026Jul 29, 2026
EPS Estimate---------------------0.090.080.08---------0.160.140.09-0.160.130.070.230.150.160.130.150.160.160.140.190.230.280.190.250.370.260.350.290.310.210.340.290.190.310.400.400.340.280.290.43
EPS Actual-0.05-0.05-0.03-0.280.00-0.01-0.000.03-0.05-0.04-0.13-0.23-0.07-0.040.190.340.060.090.110.100.070.090.090.050.110.150.120.070.130.180.150.100.160.160.120.070.220.140.140.070.210.140.140.100.140.150.090.140.170.190.230.170.160.330.150.310.310.240.170.340.340.290.210.390.270.340.150.290.42
Surprise---------------------0.00%12.50%-37.50%---------0.00%-14.29%-22.22%--12.50%7.69%0.00%-8.70%-6.67%-12.50%-23.08%-6.67%-6.25%-43.75%0.00%-10.53%-17.39%-17.86%-10.53%-36.00%-10.81%-42.31%-11.43%6.90%-22.58%-19.05%0.00%17.24%52.63%-32.26%-2.50%-32.50%0.00%-46.43%0.00%-2.33%
Timing---------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-market-After-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-market-Pre-marketAfter-hours

Key Statistics & Ratios

Market Cap51.89B
Enterprise Value49.71B
Trailing P/E25.99
Forward P/E20.88
Price / Sales2.61
Price / Book3.90
EPS1.29
Book Value8.54
Revenue (TTM)19.88B
Gross Profit (TTM)6.58B
EBITDA3.85B
Profit Margin9.81%
Operating Margin15.79%
Return on Equity17.11%
Return on Assets7.58%
Shares Outstanding1.55B
Shares Float1.10B
Beta0.68
Dividend Yield1.03%
Dividend Rate0.35
Payout Ratio26.97%

Dividends

20231×
0.36Jun 15, 2023
20221×
0.43Jun 30, 2022
20211×
0.24Apr 21, 2021
20201×
0.21Jul 23, 2020
20191×
0.21Jun 14, 2019
20181×
0.29Jun 14, 2018
20171×
0.13May 25, 2017
20161×
0.10Jun 16, 2016
20151×
0.15Jun 9, 2015
20061×
1.17Aug 2, 2006

Stock Splits

  • Jun 30, 20227:5
  • Jun 14, 20187:5
  • Nov 8, 1999188394:134567
  • Jul 23, 199893773:72133