Hongfa Technology Co Ltd (SHG:600885) — Market Cap & Net Worth

$7.65 Billion USD  · CN¥52.31 Billion CNY  · Rank #2743

Market Cap & Net Worth: Hongfa Technology Co Ltd (600885)

Hongfa Technology Co Ltd (SHG:600885) has a market capitalization of $7.65 Billion (CN¥52.31 Billion) as of September 24, 2026. Listed on the SHG stock exchange, this China-based company holds position #2743 globally and #333 in its home market, demonstrating a -2.45% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Hongfa Technology Co Ltd's stock price CN¥33.80 by its total outstanding shares 1547594313 (1.55 Billion). Also see 600885 total asset value for a full breakdown of the balance sheet.

Hongfa Technology Co Ltd Market Cap History: 2015 to 2026

Hongfa Technology Co Ltd's market capitalization history from 2015 to 2026. Data shows growth from $3.20 Billion to $7.65 Billion (8.41% CAGR). Also see how efficiently does Hongfa Technology Co Ltd generate cash for how efficiently the company converts equity into cash flow.

Hongfa Technology Co Ltd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Hongfa Technology Co Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check 600885 live share price for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

0.40x

Hongfa Technology Co Ltd's market cap is 0.40 times its annual revenue

Industry average: 0.68x Lower than industry average

Latest Price to Earnings (P/E) Ratio

3.92x

Hongfa Technology Co Ltd's market cap is 3.92 times its annual earnings

Industry average: 58.49x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $3.44 Billion $5.08 Billion $581.77 Million 0.68x 5.92x
2017 $4.49 Billion $6.02 Billion $684.99 Million 0.75x 6.56x
2018 $3.47 Billion $6.88 Billion $698.85 Million 0.50x 4.97x
2019 $5.37 Billion $7.08 Billion $704.05 Million 0.76x 7.63x
2020 $8.52 Billion $7.82 Billion $832.14 Million 1.09x 10.23x
2021 $11.80 Billion $10.02 Billion $1.06 Billion 1.18x 11.10x
2022 $7.47 Billion $11.65 Billion $1.25 Billion 0.64x 5.98x
2023 $6.26 Billion $12.93 Billion $1.39 Billion 0.48x 4.49x
2024 $7.21 Billion $14.10 Billion $1.63 Billion 0.51x 4.42x
2025 $6.88 Billion $17.20 Billion $1.76 Billion 0.40x 3.92x

Competitor Companies of 600885 by Market Capitalization

Companies near Hongfa Technology Co Ltd in the global market cap rankings as of September 24, 2026. Review 600885 tangible net assets ratio to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Hongfa Technology Co Ltd by market ranking:

  • Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #107 globally with a market cap of $196.51 Billion USD ( CN¥1.34 Trillion CNY).
  • ABB Ltd (SW:ABBN): Ranked #192 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
  • Delta Electronics (Thailand) Public Company Limited (F:NVAW): Ranked #266 globally with a market cap of $98.44 Billion USD ( €84.20 Billion EUR).
  • Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #267 globally with a market cap of $97.98 Billion USD ( ฿3.14 Trillion THB).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#107 Contemporary Amperex Technology Co Ltd Class A SHE:300750 $196.51 Billion CN¥304.63
#192 ABB Ltd SW:ABBN $127.26 Billion CHF83.10
#266 Delta Electronics (Thailand) Public Company Limited F:NVAW $98.44 Billion €6.75
#267 Delta Electronics (Thailand) Public Company Limited BK:DELTA $97.98 Billion ฿252.00

Hongfa Technology Co Ltd Historical Marketcap From 2015 to 2026

Between 2015 and today, Hongfa Technology Co Ltd's market cap moved from $3.20 Billion to $ 7.65 Billion, with a yearly change of 8.41%.

Year Market Cap Change (%)
2026 CN¥7.65 Billion +11.18%
2025 CN¥6.88 Billion -4.46%
2024 CN¥7.21 Billion +15.12%
2023 CN¥6.26 Billion -16.25%
2022 CN¥7.47 Billion -36.66%
2021 CN¥11.80 Billion +38.55%
2020 CN¥8.52 Billion +58.52%
2019 CN¥5.37 Billion +54.69%
2018 CN¥3.47 Billion -22.66%
2017 CN¥4.49 Billion +30.37%
2016 CN¥3.44 Billion +7.57%
2015 CN¥3.20 Billion --

End of Day Market Cap According to Different Sources

On Sep 23rd, 2026 the market cap of Hongfa Technology Co Ltd was reported to be:

Source Market Cap
Yahoo Finance $7.65 Billion USD
MoneyControl $7.65 Billion USD
MarketWatch $7.65 Billion USD
marketcap.company $7.65 Billion USD
Reuters $7.65 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Hongfa Technology Co Ltd

SHG:600885 China Electrical Equipment & Parts
Market Cap
$7.65 Billion
CN¥52.31 Billion CNY
Market Cap Rank
#2743 Global
#333 in China
Share Price
CN¥33.80
Change (1 day)
-0.82%
52-Week Range
CN¥24.80 - CN¥38.09
All Time High
CN¥55.04
About

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 elect… Read more