Hongfa Technology Co Ltd Total Assets
Hongfa Technology Co Ltd total assets. Based on the latest financial reports, Hongfa Technology Co Ltd (600885) holds total assets worth CN¥23.57 Billion CNY (≈ $3.45 Billion USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see 600885 stock market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Hongfa Technology Co Ltd (1992–2025)
Total assets of Hongfa Technology Co Ltd from 1992 to 2025. This chart illustrates how Hongfa Technology Co Ltd's total assets have evolved over time, based on quarterly financial data. See 600885 share price today for real-time trading data and today's change.
Hongfa Technology Co Ltd - Asset Composition Analysis
Hongfa Technology Co Ltd Total Assets Breakdown (December 2025)
Hongfa Technology Co Ltd total assets breakdown as of December 2025. Hongfa Technology Co Ltd's total assets of CN¥23.57 Billion consist of 64.1% current assets and 35.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 15.5% |
| Accounts Receivable | CN¥4.14 Billion | 17.7% |
| Inventory | CN¥4.28 Billion | 18.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥467.68 Million | 2.0% |
| Goodwill | CN¥13.41 Million | 0.1% |
Asset Composition Trend (1992–2025)
This chart illustrates how Hongfa Technology Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore Hongfa Technology Co Ltd current assets vs equity to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hongfa Technology Co Ltd's current assets represent 64.1% of total assets in 2025, a decrease from 67.9% in 1992.
- Cash Position: Cash and equivalents constituted 15.5% of total assets in 2025, up from 0.0% in 1992.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 1992.
- Asset Diversification: The largest asset category is inventory at 18.3% of total assets.
Hongfa Technology Co Ltd Competitors by Total Assets
Key competitors of Hongfa Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
WEG S.A.
SA:WEGE3
|
Brazil | R$46.67 Billion |
|
Wolong Electric Group Co Ltd
SHG:600580
|
China | CN¥25.42 Billion |
|
Henzhen Zhaowei Machinery And Elect
SHE:003021
|
China | CN¥5.88 Billion |
|
Ningbo Ronbay New Energy Tech Ltd
SHG:688005
|
China | CN¥23.96 Billion |
|
XTC New Energy Materials Xiamen Co Ltd
SHG:688778
|
China | CN¥22.70 Billion |
|
Hangzhou Cable
SHG:603618
|
China | CN¥10.97 Billion |
|
Suzhou Recodeal Interconnect System Co Ltd
SHG:688800
|
China | CN¥5.92 Billion |
|
Zhejiang MustangBattery Co.Ltd
SHG:605378
|
China | CN¥1.53 Billion |
Hongfa Technology Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.57 | 2.57 | 2.44 |
| Quick Ratio | 1.82 | 2.00 | 1.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥9.09 Billion | CN¥8.10 Billion | CN¥3.94 Billion |
Hongfa Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hongfa Technology Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.93 |
| Latest Market Cap to Assets Ratio | 0.33 |
| Asset Growth Rate (YoY) | 13.1% |
| Total Assets | CN¥23.36 Billion |
| Market Capitalization | $7.62 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Hongfa Technology Co Ltd's assets below their book value (0.33x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hongfa Technology Co Ltd's assets grew by 13.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hongfa Technology Co Ltd (1992–2025)
The table below shows the annual total assets of Hongfa Technology Co Ltd from 1992 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥23.36 Billion ≈ $3.42 Billion |
+13.06% |
| 2024-12-31 | CN¥20.66 Billion ≈ $3.02 Billion |
+16.59% |
| 2023-12-31 | CN¥17.72 Billion ≈ $2.59 Billion |
+10.84% |
| 2022-12-31 | CN¥15.99 Billion ≈ $2.34 Billion |
+17.01% |
| 2021-12-31 | CN¥13.67 Billion ≈ $2.00 Billion |
+26.04% |
| 2020-12-31 | CN¥10.84 Billion ≈ $1.59 Billion |
+6.33% |
| 2019-12-31 | CN¥10.20 Billion ≈ $1.49 Billion |
+14.69% |
| 2018-12-31 | CN¥8.89 Billion ≈ $1.30 Billion |
+16.32% |
| 2017-12-31 | CN¥7.64 Billion ≈ $1.12 Billion |
+17.64% |
| 2016-12-31 | CN¥6.50 Billion ≈ $950.82 Million |
+20.43% |
| 2015-12-31 | CN¥5.40 Billion ≈ $789.55 Million |
+13.77% |
| 2014-12-31 | CN¥4.74 Billion ≈ $693.99 Million |
+8.38% |
| 2013-12-31 | CN¥4.38 Billion ≈ $640.33 Million |
+47.74% |
| 2012-12-31 | CN¥2.96 Billion ≈ $433.42 Million |
+366.83% |
| 2011-12-31 | CN¥634.47 Million ≈ $92.84 Million |
+7.45% |
| 2010-12-31 | CN¥590.49 Million ≈ $86.41 Million |
+2.14% |
| 2009-12-31 | CN¥578.14 Million ≈ $84.60 Million |
-27.79% |
| 2008-12-31 | CN¥800.66 Million ≈ $117.16 Million |
+5.89% |
| 2007-12-31 | CN¥756.13 Million ≈ $110.65 Million |
+3.96% |
| 2006-12-31 | CN¥727.35 Million ≈ $106.43 Million |
-11.40% |
| 2005-12-31 | CN¥820.92 Million ≈ $120.13 Million |
-0.04% |
| 2004-12-31 | CN¥821.29 Million ≈ $120.18 Million |
+27.96% |
| 2003-12-31 | CN¥641.85 Million ≈ $93.92 Million |
+9.90% |
| 2002-12-31 | CN¥584.02 Million ≈ $85.46 Million |
+6.62% |
| 2001-12-31 | CN¥547.74 Million ≈ $80.15 Million |
+27.28% |
| 2000-12-31 | CN¥430.35 Million ≈ $62.97 Million |
+1.70% |
| 1999-12-31 | CN¥423.13 Million ≈ $61.92 Million |
-2.00% |
| 1998-12-31 | CN¥431.76 Million ≈ $63.18 Million |
-7.28% |
| 1997-12-31 | CN¥465.66 Million ≈ $68.14 Million |
+4.77% |
| 1996-12-31 | CN¥444.47 Million ≈ $65.04 Million |
+11.79% |
| 1995-12-31 | CN¥397.61 Million ≈ $58.18 Million |
+19.68% |
| 1994-12-31 | CN¥332.23 Million ≈ $48.62 Million |
+13.58% |
| 1993-12-31 | CN¥292.50 Million ≈ $42.80 Million |
+33.68% |
| 1992-12-31 | CN¥218.80 Million ≈ $32.02 Million |
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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 power, automotive, high voltage dc, latching, signal, high-frequency, reed, industrial, and solid-state relays; relay socket and module; application elect… Read more