Hongfa Technology Co Stock Net Asset

600885 Stock   35.19  0.53  1.48%   
Hongfa Technology Co fundamentals help investors to digest information that contributes to Hongfa Technology's financial success or failures. It also enables traders to predict the movement of Hongfa Stock. The fundamental analysis module provides a way to measure Hongfa Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hongfa Technology stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Hongfa Technology Co Company Net Asset Analysis

Hongfa Technology's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

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Current Liabilities

More About Net Asset | All Equity Analysis

Current Hongfa Technology Net Asset

    
  17.72 B  
Most of Hongfa Technology's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hongfa Technology Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition

Hongfa Total Assets

Total Assets

21.4 Billion

At present, Hongfa Technology's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Hongfa Technology Co has a Net Asset of 17.72 B. This is much higher than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The net asset for all China stocks is notably lower than that of the firm.

Hongfa Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hongfa Technology's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hongfa Technology could also be used in its relative valuation, which is a method of valuing Hongfa Technology by comparing valuation metrics of similar companies.
Hongfa Technology is currently under evaluation in net asset category among its peers.

Hongfa Fundamentals

About Hongfa Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hongfa Technology Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hongfa Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hongfa Technology Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.