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
According to Hongfa Technology Co., Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 24.89. This represents a change of 24.38% compared to the average of 20.01 of the last 4 quarters.
The mean historical PE Ratio of Hongfa Technology Co., Ltd. over the last ten years is 32.68. The current 24.89 PE Ratio has changed 7.52% with respect to the historical average. Over the past ten years (40 quarters), 600885.SS's PE Ratio was at its highest in in the December 2021 quarter at 57.49. The PE Ratio was at its lowest in in the June 2016 quarter at 10.92.
Average
32.68
Median
31.35
Minimum
20.34
Maximum
52.31
Discovering the peaks and valleys of Hongfa Technology Co., Ltd. PE 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 = 49.91%
Maximum Annual PE Ratio = 52.31
Minimum Annual Increase = -46.75%
Minimum Annual PE Ratio = 20.34
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 20.34 | -1.66% |
| 2023 | 20.69 | -25.74% |
| 2022 | 27.86 | -46.75% |
| 2021 | 52.31 | 7.82% |
| 2020 | 48.52 | 33.12% |
| 2019 | 36.45 | 49.91% |
| 2018 | 24.31 | -27.42% |
| 2017 | 33.50 | 14.70% |
| 2016 | 29.21 | -13.15% |
| 2015 | 33.63 | 45.84% |
The current PE Ratio of Hongfa Technology Co., Ltd. (600885.SS) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
22.96
5-year avg
33.94
10-year avg
32.68
Hongfa Technology Co., Ltd.’s PE Ratio is less than China XD Electric Co., Ltd (38.85), less than Ningbo Orient Wires & Cables Co.,Ltd. (41.00), less than Zhejiang Supcon Technology Co., Ltd. (45.07), greater than State Grid Yingda Co.,Ltd. (14.28), less than XTC New Energy Materials(Xiamen) Co.,Ltd. (63.54), greater than China Shipbuilding Industry Group Power Co., Ltd. (24.66), greater than Shandong Hi-speed Company Limited (13.73), less than ShenZhen Woer Heat-Shrinkable Material Co.,Ltd. (32.00), greater than China Nuclear Engineering Corporation Limited (22.33), greater than Jiangsu Zhongtian Technology Co., Ltd. (21.57),
| Company | PE Ratio | Market cap |
|---|---|---|
| 38.85 | $46.85B | |
| 41.00 | $40.59B | |
| 45.07 | $37.49B | |
| 14.28 | $33.62B | |
| 63.54 | $35.78B | |
| 24.66 | $45.75B | |
| 13.73 | $45.30B | |
| 32.00 | $32.21B | |
| 22.33 | $38.31B | |
| 21.57 | $62.35B |
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