60

Hongfa Technology Co LtdSHG 600885 Stock Report

Last reporting period 30 Sep, 2023

Updated 18 Oct, 2024

Last price

Market cap $B

4.125

Middle

Exchange

XSHG - Shanghai Stock Exchange

600885.SS Stock Analysis

60

Neutral

Based on Eyestock quantitative analysis, 600885.SS`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

82/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

23.3 %

Greatly undervalued

Market cap $B

4.125

Dividend yield

1.53 %

Shares outstanding

1 042.67 B

Hongfa Technology Co., Ltd. engages in the research and development, manufacture, and sale of relay products. The company is headquartered in Xiamen, Fujian and currently employs 15,279 full-time employees. In addition to the main product of relays, the Company also provides low-voltage electrical appliances, high-and low-voltage complete sets of equipment, precision spare parts, sensors, capacitors and automation equipment. The products of the Company are applied in industrial, energy, transportation, information, life appliances, healthcare and national security industries. The firm also owns laboratories for relay detection and analysis. The firm distributes its products within domestic market and to overseas markets.

View Section: Eyestock Rating