---
title: "Hongfa Technology Co., Ltd. (600885.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600885.SH.md"
symbol: "600885.SH"
name: "Hongfa Technology Co., Ltd."
industry: "Electrical Components and Equipment"
datetime: "2026-05-20T13:50:11.355Z"
locales:
  - [en](https://longbridge.com/en/quote/600885.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600885.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600885.SH.md)
---

# Hongfa Technology Co., Ltd. (600885.SH)

## Company Overview

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. The company offers power, automotive, high voltage dc, latching, signal, high-frequency, reed, industrial, and solid-state relays; relay socket and module; application electronic modules; low-voltage devices, such as control appliance, distribution appliance, and terminal apparatus; and fuse, vacuum interrupters, and automation equipment. It provides film capacitor applications, such as reactive compensation, AC filter, lighting, telecommunication, home appliance, power supply, industrial controls, etc.

| Item | Detail |
|------|--------|
| Industry | Electrical Components and Equipment |
| Exchange | CN Market |
| Website | [www.hongfa.cn](https://www.hongfa.cn) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: B
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:09.000Z

**Overall: B (0.25)**

**Industry**: Electrical Components and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 11 / 261 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 25.25% |  |
| Net Profit YoY | 8.58% |  |
| P/B Ratio | 3.82 |  |
| Dividend Ratio | 2.15% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 50045202048.92 |  |
| Revenue | 18359973378.86 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 15.92% | A |
| Profit Margin | 9.99% | B |
| Gross Margin | 32.09% | C |
| Revenue YoY | 25.25% | A |
| Net Profit YoY | 8.58% | C |
| Total Assets YoY | 11.44% | B |
| Net Assets YoY | 27.26% | A |
| Cash Flow Margin | 142.58% | B |
| OCF YoY | 25.25% | A |
| Turnover | 0.82 | B |
| Gearing Ratio | 29.76% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Hongfa Technology Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "25.25%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "8.58%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "3.82",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "2.15%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "50045202048.92",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "18359973378.86",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "15.92%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "9.99%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "32.09%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "25.25%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "8.58%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "11.44%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "27.26%",
          "rating": "A"
        },
        {
          "name": "Cash Flow Margin",
          "value": "142.58%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "25.25%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "0.82",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "29.76%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 27.90 | 26/261 | 26.05 | 23.31 | 20.57 |
| PB | 3.90 | 136/261 | 4.65 | 4.01 | 3.67 |
| PS (TTM) | 2.79 | 110/261 | 2.91 | 2.60 | 2.36 |
| Dividend Yield | 2.10% | 28/261 | 1.43% | 1.29% | 1.14% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | SIEYUAN (002028.SZ) | B | A | B | C | B | B |
| 02 | ZTT (600522.SH) | C | B | A | B | B | B |
| 03 | Deye (605117.SH) | A | B | B | C | B | B |
| 04 | EVE (300014.SZ) | B | B | B | D | B | B |
| 05 | Huayou Cobalt (603799.SH) | B | A | C | D | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-14T16:00:00.000Z

Total Analysts: **13**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 8 | 62% |
| Overweight | 3 | 23% |
| Hold | 1 | 8% |
| Underweight | 1 | 8% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 33.00 |
| Highest Target | 45.00 |
| Lowest Target | 24.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/600885.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600885.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600885.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600885.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**