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Hongfa Technology Co 600885.SS · CNY

Industrials · Shanghai · 🇨🇳 China

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32.90

-2.20%

Close of 9 Nov 2026, in CNY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥17.20bn

FY2016FY2025

Net income

CN¥1.76bn

FY2016FY2025

Free cash flow

CN¥1.79bn

FY2016FY2025

Shareholders' equity

CN¥12.63bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥17.20bnCN¥14.10bnCN¥12.93bnCN¥11.65bnCN¥10.02bnCN¥7.82bnCN¥7.08bnCN¥6.88bnCN¥6.02bnCN¥5.08bn
Gross profitCN¥5.90bnCN¥5.09bnCN¥4.74bnCN¥4.06bnCN¥3.45bnCN¥2.86bnCN¥2.63bnCN¥2.51bnCN¥2.37bnCN¥2.00bn
Research and developmentCN¥913.6mCN¥784.9mCN¥673.3mCN¥617.5mCN¥495.3mCN¥381.2mCN¥350.4mCN¥330.7mCN¥293.9mCN¥250.2m
Operating incomeCN¥2.81bnCN¥2.33bnCN¥2.25bnCN¥1.91bnCN¥1.63bnCN¥1.31bnCN¥1.14bnCN¥1.16bnCN¥1.14bnCN¥949.3m
Net incomeCN¥1.76bnCN¥1.63bnCN¥1.39bnCN¥1.25bnCN¥1.06bnCN¥832.1mCN¥704.1mCN¥698.8mCN¥685.0mCN¥581.8m
Diluted earnings per share1.171.040.950.860.730.570.480.480.470.56

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥23.36bnCN¥20.66bnCN¥17.72bnCN¥15.99bnCN¥13.67bnCN¥10.84bnCN¥10.20bnCN¥8.89bnCN¥7.64bnCN¥6.50bn
Cash and short-term investments—CN¥4.07bnCN¥2.89bnCN¥1.87bnCN¥1.71bnCN¥952.8mCN¥1.39bnCN¥907.4mCN¥725.8mCN¥637.9m
Total liabilitiesCN¥7.35bnCN¥8.12bnCN¥6.67bnCN¥6.04bnCN¥4.93bnCN¥3.44bnCN¥3.61bnCN¥2.91bnCN¥2.37bnCN¥1.96bn
Debt—CN¥3.94bnCN¥2.99bnCN¥2.59bnCN¥2.26bnCN¥1.45bnCN¥2.10bnCN¥1.53bnCN¥1.13bnCN¥859.0m
Shareholders' equityCN¥12.63bnCN¥9.50bnCN¥8.34bnCN¥7.50bnCN¥6.55bnCN¥5.53bnCN¥4.92bnCN¥4.43bnCN¥3.94bnCN¥3.40bn
Shares outstanding1,498m1,570m1,460m1,460m1,460m1,460m1,460m1,460m1,460m1,043m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥2.97bnCN¥2.23bnCN¥2.66bnCN¥1.59bnCN¥911.8mCN¥719.6mCN¥1.68bnCN¥827.5mCN¥650.3mCN¥497.7m
Capital spending−CN¥1.18bn−CN¥1.16bn−CN¥1.03bn−CN¥1.52bn−CN¥924.8m−CN¥677.4m−CN¥775.4m−CN¥826.5m−CN¥668.4m−CN¥529.9m
Free cash flowCN¥1.79bnCN¥1.08bnCN¥1.63bnCN¥75.6m−CN¥12.9mCN¥42.2mCN¥905.6mCN¥1.0m−CN¥18.1m−CN¥32.2m
Dividends paid−CN¥619.6m−CN¥489.2m−CN¥385.6m−CN¥319.5m−CN¥253.2m−CN¥216.0m−CN¥216.0m−CN¥236.0m−CN¥169.8m−CN¥140.9m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥5.91bnCN¥5.11bnCN¥4.29bnCN¥4.57bnCN¥4.36bnCN¥3.98bnCN¥3.23bnCN¥3.64bn
Gross profitCN¥1.96bnCN¥1.64bnCN¥1.43bnCN¥1.61bnCN¥1.51bnCN¥1.34bnCN¥1.27bnCN¥1.31bn
Operating incomeCN¥1.09bnCN¥829.1mCN¥473.8mCN¥765.0mCN¥843.0mCN¥632.9mCN¥346.9mCN¥640.8m
Net incomeCN¥671.7mCN¥484.3mCN¥287.7mCN¥505.6mCN¥553.1mCN¥411.1mCN¥361.6mCN¥425.1m
Diluted earnings per share0.450.320.190.340.370.270.230.27
Cash from operations———CN¥762.0mCN¥1.34bn−CN¥491.0mCN¥1.03bnCN¥228.0m
Capital spending−CN¥392.0m−CN¥345.0m−CN¥337.0m−CN¥271.0m−CN¥304.0m−CN¥270.0m−CN¥312.0m−CN¥334.0m
Free cash flow———CN¥491.0mCN¥1.03bn−CN¥761.0mCN¥717.0m−CN¥106.0m
Total assetsCN¥25.68bnCN¥23.57bnCN¥23.36bnCN¥21.89bnCN¥21.15bnCN¥21.15bnCN¥20.66bnCN¥20.59bn
Cash and short-term investments———CN¥3.21bnCN¥3.47bnCN¥3.75bnCN¥4.07bnCN¥3.72bn
DebtCN¥154.9mCN¥171.9mCN¥168.9mCN¥1.86bnCN¥2.90bnCN¥3.61bnCN¥3.78bnCN¥3.89bn
Shareholders' equityCN¥13.21bnCN¥13.09bnCN¥12.63bnCN¥10.10bnCN¥9.95bnCN¥9.91bnCN¥9.50bnCN¥8.80bn

Financial ratios

Data as of 18 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin34.3%36.1%36.7%34.9%34.4%36.6%
Operating margin16.3%16.5%17.4%16.4%16.2%16.7%
Net margin10.2%11.6%10.8%10.7%10.6%10.6%
Return on equity13.9%17.2%16.7%16.7%16.2%15.1%
Return on assets7.5%7.9%7.9%7.8%7.8%7.7%
Free cash flow yield8.2%6.4%7.5%6.3%3.7%2.8%
Revenue growth22.0%9.1%11.0%16.2%28.2%10.4%
Earnings growth7.8%17.1%11.4%17.7%27.7%18.2%
Current ratio2.41x2.72x2.67x3.11x3.04x2.56x
Debt to equity0.01x0.40x0.23x0.31x0.26x0.18x
Equity ratio54.1%46.0%47.1%46.9%47.9%51.0%
Interest coverage20.22x15.81x17.69x15.79x26.54x21.18x
R&D as a share of sales5.3%5.6%5.2%5.3%4.9%4.9%
Buybacks as a share of market value4.6%-7.5%-0.0%-0.0%0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue13.9%17.1%15.0%
Operating income13.7%16.5%13.9%
Net income12.0%16.1%14.0%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin35.1%35.4%35.4%36.1%
Operating margin16.4%16.6%16.6%16.9%
Net margin10.8%10.8%10.8%10.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings25.921.920.727.952.348.536.424.022.914.9
Price to sales2.62.52.23.05.55.23.62.42.61.7

Dividends and splits

Per share, in the currency the company pays

Paid for 11 years. Last went ex-dividend on 14 May 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.3470.3680.3140.2570.3060.1740.1480.148
  • 7-for-5 split · 19 Jun 2025
  • 7-for-5 split · 30 Jun 2022
  • 7-for-5 split · 14 Jun 2018
  • 1-to-1 reverse split · 3 Aug 2006
  • 7-for-5 split · 8 Nov 1999
  • 13-for-10 split · 23 Jul 1998

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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