600885.SS
Price:
$30.23
Market Cap:
$44.13B
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 ROE is 18.56%. This represents a change of 300.97% compared to the average of 4.63% of the last 4 quarters.
The mean historical ROE of Hongfa Technology Co., Ltd. over the last ten years is 16.26%. The current 18.56% ROE has changed 14.16% with respect to the historical average. Over the past ten years (40 quarters), 600885.SS's ROE was at its highest in in the June 2017 quarter at 6.45%. The ROE was at its lowest in in the December 2015 quarter at 2.43%.
Average
16.26%
Median
16.45%
Minimum
14.30%
Maximum
17.38%
Discovering the peaks and valleys of Hongfa Technology Co., Ltd. ROE, 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 = 7.80%
Maximum Annual ROE = 17.38%
Minimum Annual Increase = -9.31%
Minimum Annual ROE = 14.30%
| Year | ROE | Change |
|---|---|---|
| 2024 | 17.16% | 2.76% |
| 2023 | 16.70% | 0.13% |
| 2022 | 16.68% | 2.78% |
| 2021 | 16.23% | 7.80% |
| 2020 | 15.05% | 5.28% |
| 2019 | 14.30% | -9.31% |
| 2018 | 15.77% | -9.26% |
| 2017 | 17.38% | 1.44% |
| 2016 | 17.13% | 5.80% |
| 2015 | 16.19% | -2.01% |
The current ROE of Hongfa Technology Co., Ltd. (600885.SS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
16.85%
5-year avg
16.36%
10-year avg
16.26%
Hongfa Technology Co., Ltd.’s ROE is less than China XD Electric Co., Ltd (5.39%), less than Ningbo Orient Wires & Cables Co.,Ltd. (13.67%), less than Zhejiang Supcon Technology Co., Ltd. (8.10%), less than State Grid Yingda Co.,Ltd. (10.57%), less than XTC New Energy Materials(Xiamen) Co.,Ltd. (6.34%), less than China Shipbuilding Industry Group Power Co., Ltd. (4.68%), less than Shandong Hi-speed Company Limited (9.16%), less than ShenZhen Woer Heat-Shrinkable Material Co.,Ltd. (17.35%), less than China Nuclear Engineering Corporation Limited (6.43%), less than Jiangsu Zhongtian Technology Co., Ltd. (8.02%),
| Company | ROE | Market cap |
|---|---|---|
| 5.39% | $47.77B | |
| 13.67% | $42.84B | |
| 8.10% | $37.85B | |
| 10.57% | $33.85B | |
| 6.34% | $36.24B | |
| 4.68% | $45.97B | |
| 9.16% | $45.54B | |
| 17.35% | $32.84B | |
| 6.43% | $38.70B | |
| 8.02% | $66.93B |
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How does the current ROE for Hongfa Technology Co., Ltd. (600885.SS) compare to its historical average?