down arrow

Hongfa Technology Co., Ltd.

  • Market Cap: Large Cap
  • Industry: Electronics & Appliances
  • ISIN: CNE000000JK6
CNY
27.98
-0.05 (-0.18%)

Mar 26

SHG

 View all stocks in this country
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Hongfa Technology Co., Ltd.

Why is Hongfa Technology Co., Ltd. ?

1
  • OPERATING CASH FLOW(Y) Highest at CNY 2,672.92 MM
  • ROCE(HY) Highest at 19.38%
  • RAW MATERIAL COST(Y) Fallen by -3% (YoY)
2
With ROE of 24.36%, it has a fair valuation with a 4.02 Price to Book Value
  • Over the past year, while the stock has generated a return of 27.62%, its profits have risen by 19.1%
  • At the current price, the company has a high dividend yield of 1.4
stock-recommendationReal-Time Research Report

Verdict Report

How much should you buy?

  1. Overall Portfolio exposure to Hongfa Technology Co., Ltd. should be less than 10%
  2. Overall Portfolio exposure to Electronics & Appliances should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Hongfa Technology Co., Ltd. for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Hongfa Technology Co., Ltd.
9.42%
0.08
46.70%
China Shanghai Composite
15.17%
1.58
14.20%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
16.93%
EBIT Growth (5y)
18.57%
EBIT to Interest (avg)
18.98
Debt to EBITDA (avg)
0.49
Net Debt to Equity (avg)
0.16
Sales to Capital Employed (avg)
1.06
Tax Ratio
11.56%
Dividend Payout Ratio
23.52%
Pledged Shares
0
Institutional Holding
0.02%
ROCE (avg)
21.11%
ROE (avg)
23.05%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
17
Industry P/E
Price to Book Value
4.02
EV to EBIT
16.56
EV to EBITDA
11.56
EV to Capital Employed
3.67
EV to Sales
2.65
PEG Ratio
NA
Dividend Yield
1.39%
ROCE (Latest)
22.15%
ROE (Latest)
24.36%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
Mildly Bearish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

15What is working for the Company
OPERATING CASH FLOW(Y)

Highest at CNY 2,672.92 MM

ROCE(HY)

Highest at 19.38%

RAW MATERIAL COST(Y)

Fallen by -3% (YoY

CASH AND EQV(HY)

Highest at CNY 6,721.8 MM

DEBT-EQUITY RATIO (HY)

Lowest at 12.64 %

DEBTORS TURNOVER RATIO(HY)

Highest at 2.56 times

NET SALES(Q)

Highest at CNY 4,567.06 MM

-2What is not working for the Company
INVENTORY TURNOVER RATIO(HY)

Lowest at 3.31 times

OPERATING PROFIT MARGIN(Q)

Lowest at 16.75 %

Here's what is working for Hongfa Technology Co., Ltd.

Operating Cash Flow
Highest at CNY 2,672.92 MM and Grown
In each year in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Net Sales
Highest at CNY 4,567.06 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (CNY MM)

Net Sales
At CNY 4,567.06 MM has Grown at 20.32%
over average net sales of the previous four periods of CNY 3,795.86 MM
MOJO Watch
Near term sales trend is positive

Net Sales (CNY MM)

Cash and Eqv
Highest at CNY 6,721.8 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Debt-Equity Ratio
Lowest at 12.64 %
in the last five Semi-Annual periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Debtors Turnover Ratio
Highest at 2.56 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost
Fallen by -3% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Here's what is not working for Hongfa Technology Co., Ltd.

Operating Profit Margin
Lowest at 16.75 %
in the last five periods
MOJO Watch
Company's profit margin has deteriorated

Operating Profit to Sales

Inventory Turnover Ratio
Lowest at 3.31 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Stock List
ABCDEFGHIJKLMNOPQRSTUVWXYZOther
Footer Logo
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Download on App Store
Get it on Google Play
Company
Stocks
Portfolio
Market
Webinars
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."