Hongfa Competitors

Stocks . China . 
Stock . Hongfa Technology Co
600885 Stock   37.08  0.13  0.35%   
Hongfa Technology competes with China State, Poly Real, China Vanke, China Merchants, and Huafa Industrial; as well as few others. The company operates under Electrical Equipment sector and is part of Industrials industry. Analyzing Hongfa Technology competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Hongfa Technology to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Hongfa Technology Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Hongfa Technology competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
35.6237.3038.98
Details
Intrinsic
Valuation
LowRealHigh
33.3743.0144.69
Details
Naive
Forecast
LowNextHigh
37.3839.0640.74
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hongfa Technology. Your research has to be compared to or analyzed against Hongfa Technology's peers to derive any actionable benefits. When done correctly, Hongfa Technology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hongfa Technology.

Hongfa Technology Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Hongfa Technology and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Hongfa and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Hongfa Technology does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Hongfa Stock performing well and Hongfa Technology Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Hongfa Technology's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
601668  0.77 (0.17) 0.00  0.37  0.00 
 0.00 
 1.52 
(1.82)
 4.52 
600048  1.12 (0.14) 0.00  1.91  0.00 
 0.00 
 3.37 
(2.03)
 6.49 
000002  1.90 (0.11) 0.00  4.16  0.00 
 0.00 
 5.70 
(3.74)
 13.03 
001979  1.26 (0.16) 0.00 (1.16) 0.00 
 0.00 
 2.36 
(2.81)
 6.56 
600325  1.32 (0.15) 0.00  0.72  0.00 
 0.00 
 3.35 
(2.74)
 6.49 
601995  1.59  0.08  0.09 (0.48) 2.30 
(1.70)
 3.75 
(3.62)
 19.26 
600519  0.93  0.04  0.19 (0.18) 0.97 
(1.07)
 1.98 
(2.17)
 4.15 
600153  1.30 (0.01) 0.07 (0.06) 1.63 
(1.47)
 2.77 
(2.85)
 6.53 
300750  1.41 (0.05) 0.00 (0.82) 0.00 
 0.00 
 3.49 
(2.72)
 9.42 
600340  2.70 (0.44) 0.00 (6.90) 0.00 
 0.00 
 6.36 
(6.72)
 17.36 

Cross Equities Net Income Analysis

Compare Hongfa Technology and related stocks such as China State Construction, Poly Real Estate, and China Vanke Net Income Over Time
2010201120122013201420152016201720182019202020212022202320242025

Hongfa Technology and related stocks such as China State Construction, Poly Real Estate, and China Vanke Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Hongfa Technology financial statement analysis. It represents the amount of money remaining after all of Hongfa Technology Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Hongfa Technology Competitive Analysis

The better you understand Hongfa Technology competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Hongfa Technology's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Hongfa Technology's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
600885 601668 600048 000002 001979 600325 601995 600519 600153 300750
 0.35 
 37.08 
Hongfa
 2.81 
 5.48 
China
 2.24 
 8.69 
Poly
 2.59 
 7.54 
China
 1.80 
 9.60 
China
 1.75 
 5.80 
Huafa
 2.99 
 37.16 
China
 5.87 
 1,628 
Kweichow
 1.69 
 10.20 
Xiamen
 3.47 
 262.00 
Contemporary
Market Volatility
(90 Days Market Risk)
Very steady
Not too volatile
Not too volatile
Somewhat reliable
Not too volatile
Somewhat reliable
Very steady
Very steady
Not too volatile
Very steady
Market Performance
(90 Days Performance)
Good
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Insignificant
Modest
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Very Small
Very Small
Low
Low
Very Small
Low
Low
Very Small
Very Small
Very Small
Current Valuation
(Equity Enterprise Value)
Under Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Under Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Buy
Strong Sell
Strong Sell
Strong Sell
Cautious Hold
Strong Sell
Strong Sell
Sell
Sell
Hold
Net Asset
17.72 B
2.9 T
1.44 T
1.5 T
908.51 B
451.7 B
624.31 B
272.7 B
820.85 B
717.17 B
Profit Margin
0.11
0.0227
0.0195
-0.0491
0.0291
0.0171
0.21
0.5
0.0041
0.13
EBITDA
3.25 B
119.48 B
22.88 B
(7.52 B)
11.01 B
3.32 B
19.88 B
111.77 B
14.1 B
84.58 B
Operating Margin
0.2
0.0431
0.0757
0.0088
-0.0027
0.0229
0.3
0.65
0.0234
0.25
Current Valuation
38.89 B
790.53 B
334.86 B
355.04 B
226.02 B
115.72 B
(4.01 B)
1.99 T
101.33 B
996.6 B
Price To Book
4.23
0.5
0.52
0.38
0.79
0.76
1.7
8.6
0.43
4.87
Retained Earnings
5.67 B
349.84 B
157.92 B
93.62 B
64.14 B
14.51 B
32.82 B
172.98 B
47.31 B
103.24 B
Beta
0.86
0.32
0.55
0.84
0.4
0.44
0.83
0.73
0.4
1.04
Number Of Employees
15.3 K
382.89 K
56.26 K
131.1 K
10
14.95 K
15.23 K
33.3 K
49.75 K
116.06 K
Shares Outstanding
1.04 B
41.32 B
11.97 B
9.72 B
9.06 B
2.75 B
2.92 B
1.26 B
2.95 B
4.4 B
Cash Flow From Operations
2.66 B
11.03 B
13.93 B
3.91 B
31.43 B
50.54 B
(2.42 B)
66.59 B
29.39 B
92.83 B
Annual Yield
N/A
N/A
N/A
N/A
0.0322
N/A
0.0073
N/A
N/A
0.0149
Total Debt
42.8 M
124.35 B
5.21 B
1.06 B
1.38 B
462.95 M
168.96 B
49.04 B
9.61 B
15.18 B
Return On Equity
0.18
0.0919
0.0389
-0.0434
0.024
0.0169
0.0413
0.36
0.0196
0.23
Return On Asset
0.0772
0.0217
0.0094
-0.0046
0.0053
0.0044
0.0069
0.25
0.0093
0.05
Book Value Per Share
8.44
10.75
16.49
19.74
10.79
7.62
18.52
189.23
18.71
53.89
Total Asset
17.72 B
2.9 T
1.44 T
1.5 T
908.51 B
451.7 B
624.31 B
272.7 B
820.85 B
717.17 B
Target Price
37.42
7.39
10.39
7.53
11.23
8.82
38.53
1934.86
11.68
337.26
Last Dividend Paid
0.44
0.27
0.41
N/A
0.32
0.37
0.27
30.88
0.7
5.03
Shares Owned By Institutions
33.28
8.14
20.19
11.52
10.89
22.94
8.53
9.96
14.32
27.46
Market Capitalization
38.66 B
226.44 B
104.02 B
89.96 B
90.52 B
15.96 B
137.72 B
2.05 T
30.06 B
1.15 T
Price To Earnings To Growth
N/A
N/A
0.72
0.27
N/A
N/A
N/A
1.68
N/A
0.88
Price To Sales
2.82
0.1
0.31
0.23
0.49
0.28
6.47
12.38
0.0451
3.16
Net Income
1.39 B
54.26 B
12.07 B
12.16 B
6.32 B
1.84 B
6.16 B
74.73 B
13.1 B
44.12 B
Earnings Per Share
1.5
1.21
0.56
-1.64
0.48
0.26
0.86
65.77
0.84
12.89
Shares Owned By Insiders
30.33
59.12
42.29
35.35
64.21
34.2
66.7
61.65
46.31
41.22
Revenue
12.93 B
2.27 T
346.89 B
465.74 B
175.01 B
72.14 B
33.02 B
150.56 B
763.68 B
400.92 B
Working Capital
6.64 B
458.53 B
454.81 B
328.47 B
237.94 B
188.34 B
182.45 B
176.47 B
172.75 B
162.79 B
Gross Profit
4.98 B
214.72 B
42.97 B
35.41 B
19.45 B
8.11 B
21.4 B
151.71 B
33.66 B
100.07 B
Day Typical Price
36.99
5.43
8.63
7.5
9.54
5.76
37.23
1599.01
10.22
259.83
Accumulation Distribution
0.023
0.0291
0.0241
0.029
0.0198
0.0224
0.0631
0.0534
0.0184
0.0461
Market Facilitation Index
0.86
0.16
0.21
0.22
0.19
0.13
2.43
87.01
0.19
12.2
Daily Balance Of Power
0.1512
0.9375
0.9048
0.8636
0.8947
0.7692
0.4444
1.037122
0.8947
0.7197
Period Momentum Indicator
0.13
0.15
0.19
0.19
0.17
0.1
1.08
90.24
0.17
8.78
Rate Of Daily Change
1.0
1.03
1.02
1.03
1.02
1.02
1.03
1.06
1.02
1.03
Day Median Price
36.95
5.41
8.59
7.48
9.52
5.74
37.27
1584.51
10.23
258.75
Price Action Indicator
0.19
0.15
0.19
0.16
0.17
0.11
0.43
88.63
0.06
7.64
Coefficient Of Variation
711.87
(844.04)
(1,194)
(2,751)
(961.27)
(1,406)
2251.66
1203.85
9687.8
(3,725)
Mean Deviation
1.24
0.7676
1.12
1.9
1.26
1.32
1.59
0.9337
1.3
1.41
Jensen Alpha
0.2325
(0.17)
(0.14)
(0.11)
(0.16)
(0.15)
0.0804
0.0398
(0.01)
(0.05)
Total Risk Alpha
0.4383
(0)
0.0525
0.2282
0.0233
0.0815
0.4252
0.2691
0.2192
0.1749
Sortino Ratio
0.2077
N/A
N/A
N/A
N/A
N/A
0.0853
0.1874
0.0678
N/A
Downside Variance
2.62
N/A
N/A
N/A
N/A
N/A
6.23
1.26
2.95
N/A
Standard Deviation
1.69
1.05
1.51
2.68
1.57
1.69
2.57
1.34
1.69
1.88
Kurtosis
1.84
1.26
1.1
3.23
(0.34)
(0.21)
6.07
4.96
0.4348
0.5626
Potential Upside
2.68
1.52
3.37
5.7
2.36
3.35
3.75
1.98
2.77
3.49
Treynor Ratio
4.48
0.3736
1.91
4.16
(1.16)
0.716
(0.48)
(0.18)
(0.06)
(0.82)
Maximum Drawdown
6.57
4.52
6.49
13.03
6.56
6.49
19.26
4.15
6.53
9.42
Variance
2.85
1.11
2.27
7.18
2.47
2.86
6.58
1.8
2.86
3.53
Market Risk Adjusted Performance
4.49
0.3836
1.92
4.17
(1.15)
0.726
(0.47)
(0.17)
(0.05)
(0.81)
Risk Adjusted Performance
0.1271
(0.10)
(0.07)
(0.02)
(0.09)
(0.06)
0.0453
0.0758
0.0138
(0.02)
Skewness
0.1355
0.1124
0.3411
1.42
(0.03)
0.4146
0.363
1.26
(0.14)
0.6572
Semi Deviation
1.43
N/A
N/A
N/A
N/A
N/A
2.3
0.974
1.63
N/A
Information Ratio
0.1992
(0.02)
(0.02)
6.0E-4
(0.04)
(0.01)
0.083
0.157
0.0689
0.0259
Value At Risk
(2.79)
(1.82)
(2.03)
(3.74)
(2.81)
(2.74)
(3.62)
(2.17)
(2.85)
(2.72)
Expected Short fall
(1.41)
N/A
N/A
N/A
N/A
N/A
(1.70)
(1.07)
(1.47)
N/A
Downside Deviation
1.62
N/A
N/A
N/A
N/A
N/A
2.5
1.12
1.72
N/A
Semi Variance
2.05
N/A
N/A
N/A
N/A
N/A
5.28
0.9487
2.65
N/A

Hongfa Technology Competition Performance Charts

Five steps to successful analysis of Hongfa Technology Competition

Hongfa Technology's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Hongfa Technology in relation to its competition. Hongfa Technology's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Hongfa Technology in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Hongfa Technology's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Hongfa Technology, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Hongfa Technology position

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Petroleum and Natural Gas Theme
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Other Information on Investing in Hongfa Stock

Hongfa Technology financial ratios help investors to determine whether Hongfa Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hongfa with respect to the benefits of owning Hongfa Technology security.
Balance Sheet
Statement
Details
Profit & Loss
Statement
Details
Cash Flow
Statement
Details
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