Hongfa Technology Co Stock Price To Book
| 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.
Hongfa |
Hongfa Technology Co Company Price To Book Analysis
Hongfa Technology's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Hongfa Technology Price To Book | 4.01 X |
Most of Hongfa Technology's fundamental indicators, such as Price To Book, 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.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Hongfa Technology Co has a Price To Book of 4.0125 times. This is 31.99% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The price to book for all China stocks is 57.81% higher than that of the company.
Hongfa Price To Book 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 Price To Book 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 price to book category among its peers.
Hongfa Fundamentals
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.0772 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 36.91 B | ||||
| Shares Outstanding | 1.04 B | ||||
| Shares Owned By Insiders | 30.33 % | ||||
| Shares Owned By Institutions | 33.22 % | ||||
| Price To Book | 4.01 X | ||||
| Price To Sales | 2.64 X | ||||
| Revenue | 12.93 B | ||||
| Gross Profit | 4.98 B | ||||
| EBITDA | 3.25 B | ||||
| Net Income | 1.39 B | ||||
| Total Debt | 42.8 M | ||||
| Book Value Per Share | 8.44 X | ||||
| Cash Flow From Operations | 2.66 B | ||||
| Earnings Per Share | 1.50 X | ||||
| Target Price | 37.42 | ||||
| Number Of Employees | 15.3 K | ||||
| Beta | 0.86 | ||||
| Market Capitalization | 36.69 B | ||||
| Total Asset | 17.72 B | ||||
| Retained Earnings | 5.67 B | ||||
| Working Capital | 6.64 B | ||||
| Net Asset | 17.72 B | ||||
| Last Dividend Paid | 0.44 |
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.