XSHG600885
Market cap4.44bUSD
Dec 26, Last price
31.08CNY
1D
0.26%
1Q
5.04%
Jan 2017
90.67%
Name
Hongfa Technology Co Ltd
Chart & Performance
Profile
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 2012. The company was founded in 1984 and is based in Xiamen, China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 12,929,778 10.20% | 11,733,391 17.07% | 10,022,657 28.18% | |||||||
Cost of revenue | 9,565,501 | 8,913,911 | 7,558,356 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 3,364,277 | 2,819,480 | 2,464,302 | |||||||
NOPBT Margin | 26.02% | 24.03% | 24.59% | |||||||
Operating Taxes | 326,291 | 169,721 | 167,210 | |||||||
Tax Rate | 9.70% | 6.02% | 6.79% | |||||||
NOPAT | 3,037,985 | 2,649,759 | 2,297,092 | |||||||
Net income | 1,392,967 -17.54% | 1,689,274 16.32% | 1,452,311 28.61% | |||||||
Dividends | (385,613) | (319,505) | (253,219) | |||||||
Dividend yield | 1.34% | 0.92% | 0.46% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 42,798 | 45,547 | 60,980 | |||||||
Long-term debt | 1,918,322 | 2,309,678 | 1,656,200 | |||||||
Deferred revenue | 337,465 | 290,135 | ||||||||
Other long-term liabilities | 463,304 | 84,165 | 80,453 | |||||||
Net debt | (1,388,214) | 487,276 | (668,349) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 2,660,745 | 1,594,797 | 911,840 | |||||||
CAPEX | (1,034,136) | |||||||||
Cash from investing activities | (1,656,581) | |||||||||
Cash from financing activities | (584,049) | 46,694 | 639,492 | |||||||
FCF | 3,125,375 | 973,477 | 1,164,908 | |||||||
Balance | ||||||||||
Cash | 2,888,731 | 1,867,949 | 1,707,568 | |||||||
Long term investments | 460,604 | 677,961 | ||||||||
Excess cash | 2,702,846 | 1,281,280 | 1,884,396 | |||||||
Stockholders' equity | 10,715,168 | 9,579,346 | 8,408,248 | |||||||
Invested Capital | 10,773,148 | 11,319,310 | 8,834,326 | |||||||
ROIC | 27.50% | 26.30% | 28.21% | |||||||
ROCE | 24.38% | 21.86% | 22.62% | |||||||
EV | ||||||||||
Common stock shares outstanding | 1,039,527 | 1,042,674 | 1,042,666 | |||||||
Price | 27.64 -17.27% | 33.41 -37.33% | 53.31 37.65% | |||||||
Market cap | 28,732,538 -17.52% | 34,835,747 -37.33% | 55,584,534 37.65% | |||||||
EV | 30,061,054 | 37,779,834 | 57,105,422 | |||||||
EBITDA | 4,275,201 | 3,485,761 | 3,010,875 | |||||||
EV/EBITDA | 7.03 | 10.84 | 18.97 | |||||||
Interest | 124,375 | 115,842 | 55,928 | |||||||
Interest/NOPBT | 3.70% | 4.11% | 2.27% |