Hongfa Technology Co., Ltd.

Hongfa Technology Co., Ltd.verified

600885.SS

Price:

$30.12

Market Cap:

$43.97B

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. It offers a range of relays, including signal relays, automotive relays and modules, power relays, industrial relays, latching relays, new energy relays, etc. The company also provides low-voltage devices, such as intelligent circuit breakers, contactors, motor protectors, automatic transfer switching breakers, etc. Hongfa Technology Co., Ltd. was formerly known as WuHan LiNuo Solar Energy Group Co., Ltd. and changed its name to Hongfa Technology Co., Ltd. in December 2...[Read more]

Industry

Electrical Equipment & Parts

IPO Date

1996-02-05

Stock Exchange

SHH

Ticker

600885.SS

The Current Ratio as of December 2025 (TTM) for Hongfa Technology Co., Ltd. (600885.SS) is 2.83

According to Hongfa Technology Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.83. This represents a change of 4.92% compared to the average of 2.70 of the last 4 quarters.

Hongfa Technology Co., Ltd. (600885.SS) Historical Current Ratio (quarterly & annually)

How has 600885.SS Current Ratio performed in the past?

The mean historical Current Ratio of Hongfa Technology Co., Ltd. over the last ten years is 2.37. The current 2.83 Current Ratio has changed 11.83% with respect to the historical average. Over the past ten years (40 quarters), 600885.SS's Current Ratio was at its highest in in the March 2023 quarter at 3.45. The Current Ratio was at its lowest in in the September 2019 quarter at 1.66.

Quarterly (TTM)
Annual

Average

2.37

Median

2.37

Minimum

1.76

Maximum

3.11

Hongfa Technology Co., Ltd. (600885.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Hongfa Technology Co., Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 45.51%

Maximum Annual Current Ratio = 3.11

Minimum Annual Increase = -16.17%

Minimum Annual Current Ratio = 1.76

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.721.80%
20232.67-13.89%
20223.112.12%
20213.0418.91%
20202.5645.51%
20191.76-3.76%
20181.83-5.64%
20171.940.60%
20161.92-11.98%
20152.19-16.17%

Hongfa Technology Co., Ltd. (600885.SS) Average Current Ratio

How has 600885.SS Current Ratio performed in the past?

The current Current Ratio of Hongfa Technology Co., Ltd. (600885.SS) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.83

5-year avg

2.82

10-year avg

2.37

Hongfa Technology Co., Ltd. (600885.SS) Current Ratio vs. Peers

How is 600885.SS’s Current Ratio compared to its peers?

Hongfa Technology Co., Ltd.’s Current Ratio is greater than China XD Electric Co., Ltd (1.64), greater than Ningbo Orient Wires & Cables Co.,Ltd. (1.86), greater than Zhejiang Supcon Technology Co., Ltd. (1.83), greater than State Grid Yingda Co.,Ltd. (1.97), greater than XTC New Energy Materials(Xiamen) Co.,Ltd. (1.51), greater than China Shipbuilding Industry Group Power Co., Ltd. (1.69), greater than Shandong Hi-speed Company Limited (0.69), greater than ShenZhen Woer Heat-Shrinkable Material Co.,Ltd. (1.51), greater than China Nuclear Engineering Corporation Limited (1.14), greater than Jiangsu Zhongtian Technology Co., Ltd. (2.05),

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