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Hongfa Technology stock: key metrics
600885.SSHongfa Technology had an operating margin of 14.7% and a return on invested capital (ROIC) of 16.2% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 11.9% | −1.5% | −15.3% |
| 2007 | 20.7% | 3.0% | 0.5% |
| 2008 | 19.6% | −1.5% | −8.7% |
| 2009 | 10.8% | −13.8% | −20.4% |
| 2010 | 14.0% | 4.8% | 1.5% |
| 2011 | 31.3% | 12.5% | 7.5% |
| 2012 | 32.1% | 15.7% | 9.3% |
| 2013 | 34.3% | 16.3% | 9.6% |
| 2014 | 35.7% | 16.1% | 10.6% |
| 2015 | 38.4% | 17.9% | 11.1% |
| 2016 | 39.3% | 18.7% | 11.4% |
| 2017 | 39.4% | 19.1% | 11.4% |
| 2018 | 36.5% | 16.2% | 10.2% |
| 2019 | 37.1% | 16.1% | 9.9% |
| 2020 | 36.6% | 16.7% | 10.6% |
| 2021 | 34.4% | 16.2% | 10.6% |
| 2022 | 34.9% | 16.4% | 10.7% |
| 2023 | 36.7% | 17.4% | 10.8% |
| 2024 | 36.1% | 17.3% | 11.6% |
| 2025 | 32.4% | 14.7% | 10.3% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | −49.0% | −1.3% | −9.5% |
| 2007 | 2.1% | 2.2% | 0.4% |
| 2008 | −61.4% | −1.6% | −6.8% |
| 2009 | 200.0% | −18.2% | −21.0% |
| 2010 | 157.8% | 9.0% | 1.7% |
| 2011 | −100.0% | 168.5% | 35.8% |
| 2012 | 25.0% | 36.2% | 9.4% |
| 2013 | 15.1% | 20.2% | 7.5% |
| 2014 | 16.5% | 19.5% | 9.1% |
| 2015 | 16.2% | 17.6% | 8.8% |
| 2016 | 17.1% | 18.6% | 9.0% |
| 2017 | 17.4% | 19.3% | 9.0% |
| 2018 | 15.8% | 16.3% | 7.9% |
| 2019 | 14.3% | 15.3% | 6.9% |
| 2020 | 15.1% | 16.4% | 7.7% |
| 2021 | 16.2% | 18.0% | 7.8% |
| 2022 | 16.7% | 18.1% | 7.8% |
| 2023 | 16.7% | 18.7% | 7.9% |
| 2024 | 17.2% | 19.3% | 7.9% |
| 2025 | 13.9% | 16.2% | 7.5% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CN¥6.6683)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 31 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.