Hongfa Technology (China) Today
| 600885 Stock | 33.58 1.73 5.43% |
Performance13 of 100
| Odds Of DistressLess than 1
|
Hongfa Technology is trading at 33.58 as of the 28th of November 2024, a 5.43 percent increase since the beginning of the trading day. The stock's open price was 31.85. Hongfa Technology has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Hongfa Technology Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 5th of February 1996 | Category Industrials |
Hongfa Technology is entity of China. It is traded as Stock on SHG exchange. The company has 1.04 B outstanding shares. More on Hongfa Technology Co
Moving together with Hongfa Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Hongfa Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hongfa Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hongfa Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman Manager | Guo Manjin | ||||
| Business Concentration | Electrical Components & Equipment, Electrical Equipment & Parts, Industrials, Industrials, Electrical Equipment, Electrical Equipment & Parts, Industrials (View all Sectors) | ||||
Hongfa Technology's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hongfa Technology's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsHongfa Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hongfa Technology's financial leverage. It provides some insight into what part of Hongfa Technology's total assets is financed by creditors.
| |||||
Hongfa Technology Co (600885) is traded on Shanghai Stock Exchange in China and employs 15,297 people. Hongfa Technology is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 34.29 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hongfa Technology's market, we take the total number of its shares issued and multiply it by Hongfa Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Hongfa Technology operates under Electrical Equipment sector and is part of Industrials industry. The entity has 1.04 B outstanding shares.
Hongfa Technology generates positive cash flow from operations, but has no cash available
Check Hongfa Technology Probability Of Bankruptcy
Ownership AllocationHongfa Technology Co has a total of 1.04 Billion outstanding shares. Hongfa Technology secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Hongfa Ownership Details
Hongfa Technology Risk Profiles
Although Hongfa Technology's alpha and beta are two of the key measurements used to evaluate Hongfa Technology's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.82 | |||
| Semi Deviation | 1.8 | |||
| Standard Deviation | 2.51 | |||
| Variance | 6.32 |
Hongfa Stock Against Markets
Be your own money manager
Our tools can tell you how much better you can do entering a position in Hongfa Technology without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Investing Opportunities Now
Investing OpportunitiesBuild portfolios using our predefined set of ideas and optimize them against your investing preferences |
| All Next | Launch Module |
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.