Hongfa Technology Co Ltd (SHG:600885) — Market Cap & Net Worth
Market Cap & Net Worth: Hongfa Technology Co Ltd (600885)
Hongfa Technology Co Ltd (SHG:600885) has a market capitalization of $7.05 Billion (CN¥48.19 Billion) as of May 6, 2026. Listed on the SHG stock exchange, this China-based company holds position #2829 globally and #369 in its home market, demonstrating a 7.08% increase 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¥31.14 by its total outstanding shares 1547594313 (1.55 Billion). Analyse 600885 cash flow metrics to see how efficiently the company converts income to cash.
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 $7.05 Billion (7.90% CAGR).
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.
Latest Price to Sales (P/S) Ratio
0.51x
Hongfa Technology Co Ltd's market cap is 0.51 times its annual revenue
Latest Price to Earnings (P/E) Ratio
4.42x
Hongfa Technology Co Ltd's market cap is 4.42 times its annual earnings
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 |
|---|---|---|---|---|---|
| 2015 | $3.20 Billion | $4.25 Billion | $472.30 Million | 0.75x | 6.78x |
| 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 |
Competitor Companies of 600885 by Market Capitalization
Companies near Hongfa Technology Co Ltd in the global market cap rankings as of May 6, 2026.
Key companies related to Hongfa Technology Co Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #58 globally with a market cap of $281.23 Billion USD ( CN¥1.92 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #179 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #190 globally with a market cap of $122.86 Billion USD ( ฿3.94 Trillion THB).
- Vertiv Holdings Co (NYSE:VRT): Ranked #285 globally with a market cap of $89.72 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #58 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $281.23 Billion | CN¥436.00 |
| #179 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF78.42 |
| #190 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $122.86 Billion | ฿316.00 |
| #285 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $330.97 |
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 $ 7.05 Billion, with a yearly change of 7.90%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥7.05 Billion | +2.43% |
| 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 May 5th, 2026 the market cap of Hongfa Technology Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $7.05 Billion USD |
| MoneyControl | $7.05 Billion USD |
| MarketWatch | $7.05 Billion USD |
| marketcap.company | $7.05 Billion USD |
| Reuters | $7.05 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
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 industrial, power, latching, automotive, signal, high voltage DC, high frequency relays, as well as relay sockets and modules; and low-voltage devices, su… Read more