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Hongfa Technology Co., Ltd is currently in a long term uptrend where the price is trading 15.3% above its 200 day moving average.
From a valuation standpoint, the stock is 7.1% cheaper than other stocks from the Industrials sector with a price to sales ratio of 4.7.
Hongfa Technology Co., Ltd's total revenue rose by 23.2% to $2B since the same quarter in the previous year.
Its net income has increased by 58.5% to $235M since the same quarter in the previous year.
Finally, its free cash flow fell by 40.8% to $-146M since the same quarter in the previous year.
Based on the above factors, Hongfa Technology Co., Ltd gets an overall score of 4/5.
| Industry | Electrical Equipment & Parts |
|---|---|
| Sector | Industrials |
| Exchange | SHG |
| CurrencyCode | CNY |
| ISIN | CNE000000JK6 |
| Market Cap | 34B |
|---|---|
| Beta | 0.78 |
| PE Ratio | 21.47 |
| Target Price | 37.42 |
| Dividend Yield | None |
Hongfa Technology Co., Ltd. manufactures and supplies relays, medium and low voltage electrical appliances, high and low voltage complete equipment, connectors, capacitors, precision parts, and automation equipment worldwide. The company offers industrial, power, latching, automotive, signal, high voltage DC, high frequency relays, as well as relay sockets and modules; and low-voltage devices, such as control appliance, distribution appliance, and terminal apparatus. It provides film capacitor application, such as reactive compensation, AC filter, lighting, telecommunication, home appliance, power supply, industrial controls, etc. The company was formerly known as WuHan LiNuo Solar Energy Group Co., Ltd. The company was founded in 1984 and is headquartered in Xiamen, China.
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