Hongfa Technology (China) Performance
| 600885 Stock | 36.05 0.63 1.78% |
On a scale of 0 to 100, Hongfa Technology holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of 0.0108, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hongfa Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hongfa Technology is expected to be smaller as well. Please check Hongfa Technology's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Hongfa Technology's current trending patterns will revert.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Hongfa Technology Co are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Hongfa Technology sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Payout Ratio 0.2928 | Last Split Factor 1.4:1 | Ex Dividend Date 2024-06-20 | Last Split Date 2022-06-30 |
1 | Heres What To Make Of Hongfa Technologys Decelerating Rates Of Return - Simply Wall St | 01/06/2025 |
2 | Hongfa Technologys five-year total shareholder returns outpace the underlying earnings growth - Simply Wall St | 02/10/2025 |
| Begin Period Cash Flow | 1.3 B |
Hongfa |
Hongfa Technology Relative Risk vs. Return Landscape
If you would invest 3,108 in Hongfa Technology Co on December 26, 2024 and sell it today you would earn a total of 497.00 from holding Hongfa Technology Co or generate 15.99% return on investment over 90 days. Hongfa Technology Co is generating 0.2703% of daily returns and assumes 1.7056% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Hongfa, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hongfa Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hongfa Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hongfa Technology Co, and traders can use it to determine the average amount a Hongfa Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1585
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600885 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Hongfa Technology is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hongfa Technology by adding it to a well-diversified portfolio.
Hongfa Technology Fundamentals Growth
Hongfa Stock prices reflect investors' perceptions of the future prospects and financial health of Hongfa Technology, and Hongfa Technology fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hongfa Stock performance.
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.0772 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 37.81 B | ||||
| Shares Outstanding | 1.04 B | ||||
| Price To Book | 4.11 X | ||||
| Price To Sales | 2.67 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 | ||||
| Total Asset | 17.72 B | ||||
| Retained Earnings | 5.67 B | ||||
About Hongfa Technology Performance
By analyzing Hongfa Technology's fundamental ratios, stakeholders can gain valuable insights into Hongfa Technology's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hongfa Technology has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Hongfa Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Hongfa Technology is entity of China. It is traded as Stock on SHG exchange.Things to note about Hongfa Technology performance evaluation
Checking the ongoing alerts about Hongfa Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hongfa Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hongfa Technology is unlikely to experience financial distress in the next 2 years | |
| About 30.0% of the company shares are owned by insiders or employees |
- Analyzing Hongfa Technology's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hongfa Technology's stock is overvalued or undervalued compared to its peers.
- Examining Hongfa Technology's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hongfa Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hongfa Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hongfa Technology's stock. These opinions can provide insight into Hongfa Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Hongfa Stock analysis
When running Hongfa Technology's price analysis, check to measure Hongfa Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hongfa Technology is operating at the current time. Most of Hongfa Technology's value examination focuses on studying past and present price action to predict the probability of Hongfa Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hongfa Technology's price. Additionally, you may evaluate how the addition of Hongfa Technology to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |