Hongfa Technology Co Ltd
SSE:600885

Watchlist Manager
Hongfa Technology Co Ltd Logo
Hongfa Technology Co Ltd
SSE:600885
Watchlist
Price: 31 CNY -2.02% Market Closed
Market Cap: 32.3B CNY
Have any thoughts about
Hongfa Technology Co Ltd?
Write Note
Hongfa Technology Co Ltd
/
Cash Flow Statement
/
Change in Working Capital

Hongfa Technology Co Ltd
Change in Working Capital

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Hongfa Technology Co Ltd
Change in Working Capital Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Change in Working Capital CAGR 3Y CAGR 5Y CAGR 10Y
Hongfa Technology Co Ltd
SSE:600885
Change in Working Capital
-¥3.1B
CAGR 3-Years
-14%
CAGR 5-Years
-12%
CAGR 10-Years
-15%
Tbea Co Ltd
SSE:600089
Change in Working Capital
-¥6.7B
CAGR 3-Years
-5%
CAGR 5-Years
-5%
CAGR 10-Years
-10%
Gongniu Group Co Ltd
SSE:603195
Change in Working Capital
-¥2.8B
CAGR 3-Years
-9%
CAGR 5-Years
-9%
CAGR 10-Years
N/A
EVE Energy Co Ltd
SZSE:300014
Change in Working Capital
-¥3.9B
CAGR 3-Years
-32%
CAGR 5-Years
-37%
CAGR 10-Years
-27%
Sungrow Power Supply Co Ltd
SZSE:300274
Change in Working Capital
-¥8.9B
CAGR 3-Years
-45%
CAGR 5-Years
-41%
CAGR 10-Years
-41%
Contemporary Amperex Technology Co Ltd
SZSE:300750
Change in Working Capital
-¥13.1B
CAGR 3-Years
-165%
CAGR 5-Years
-33%
CAGR 10-Years
N/A
No Stocks Found

Hongfa Technology Co Ltd
Glance View

Market Cap
32.3B CNY
Industry
Electrical Equipment

In the bustling corridors of Shenzhen, a silent force in the electrical components industry has been quietly steering the course of innovation and connectivity: Hongfa Technology Co. Ltd. Founded in 1984, this company emerged as a crucial player in the design and manufacturing of relays, a fundamental component in electrical circuit systems. Hongfa's journey began with a focus on quality and efficiency, which propelled it to gradually expand its offerings into areas like switching equipment, precision parts, automatic production lines, and even new fields such as intelligent power grids and new energy vehicles. Through relentless dedication to research and development, Hongfa established itself as a top manufacturer, supporting an array of industries worldwide, from telecommunications to automotive, seamlessly linking technologies that drive modern economies. Revenue rivers flow through Hongfa's business model by leveraging its wide-reaching manufacturing prowess and comprehensive product lines. The company's value proposition lies in its ability to deliver high-performance, reliable products that cater to a diverse array of sectors—each seeking solutions to enhance their operational efficiency. With a global distribution network, Hongfa earns its keep by selling components that serve as the backbone for high-stakes operations, such as those in industrial automation and smart appliances. Its sustained commitment to innovation and quality underpins its competitive edge, allowing it to maintain significant market shares both domestically within China and across international territories, while consistently returning value to its shareholders through strategic business expansions and technological advancements.

Intrinsic Value
51.74 CNY
Undervaluation 40%
Intrinsic Value
Price
What is Intrinsic Value?

See Also

What is Hongfa Technology Co Ltd's Change in Working Capital?
Change in Working Capital
-3.1B CNY

Based on the financial report for Sep 30, 2024, Hongfa Technology Co Ltd's Change in Working Capital amounts to -3.1B CNY.

What is Hongfa Technology Co Ltd's Change in Working Capital growth rate?
Change in Working Capital CAGR 10Y
-15%

Over the last year, the Change in Working Capital growth was -17%. The average annual Change in Working Capital growth rates for Hongfa Technology Co Ltd have been -14% over the past three years , -12% over the past five years , and -15% over the past ten years .

Back to Top
ALPHA SPREAD
Follow us
Join more than 210,500+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2024 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.