Hongfa Technology Co

Hongfa Technology Co Asset Turnover

The Asset Turnover Ratio of Hongfa Technology Co (600885.SS) as of Nov 5, 2026 is 0.74. In the previous year, Asset Turnover Ratio was 0.68 — a change of 7.89% (higher).

Asset Turnover

0.74

YoY

7.89%

Last updated:

Asset Turnover Ratio of Hongfa Technology Co is 2025 0.74 . Asset Turnover Ratio of Hongfa Technology Co was 2024 0.68 . It decreases by 7.89% higher compared to the previous year.

The Hongfa Technology Co Asset Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Asset Turnover
Date
Asset Turnover
Jan 1, 2018
0.77 CNY
Jan 1, 2019
0.69 CNY
Jan 1, 2020
0.72 CNY
Jan 1, 2021
0.73 CNY
Jan 1, 2022
0.73 CNY
Jan 1, 2023
0.73 CNY
Jan 1, 2024
0.68 CNY
Jan 1, 2025
0.74 CNY
The Hongfa Technology Co Asset Turnover history
YEARAsset TurnoverYoY
0.74+7.89%
0.68-6.45%
0.73+0.17%
0.73-0.69%
0.73+1.70%
0.72+3.84%
0.69-10.25%
0.77-1.75%
0.79+0.68%
0.78-0.64%
0.79-8.10%
0.86—

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Hongfa Technology Co Stock analysis

What does Hongfa Technology Co do? Hongfa Technology Co., Ltd. generates revenue through the research and development, manufacturing, and sale of relay products, alongside complementary offerings such as low-voltage electrical appliances, high-and low-voltage complete sets of equipment, precision spare parts, sensors, capacitors, and automation equipment. The company serves diverse industries including industrial, energy, transportation, information, life appliances, healthcare, and national security sectors, with products distributed domestically and internationally. Its laboratories for relay detection and analysis support product quality assurance and innovation, enhancing market competitiveness. The firm's primary customers are industrial and energy sector entities requiring relay solutions, alongside businesses in transportation, information technology, healthcare, and national security applications. These segments rely on Hongfa's comprehensive product portfolio for reliable electrical and automation systems, driving consistent demand for its relays and related equipment. The company's domestic and overseas market distribution strategy ensures broad customer reach across multiple industrial applications. Hongfa Technology Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Hongfa Technology Co stock

Asset Turnover Ratio of Hongfa Technology Co is 0.74 in 2025.

Asset Turnover Ratio of Hongfa Technology Co changed from 0.68 to 0.74, representing a 7.89% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Asset Turnover Ratio Hongfa Technology Co since 2006 – with annual values, charts, and detailed analysis.

Asset turnover measures how efficiently a company uses its assets to generate revenue. Higher ratios indicate more efficient asset utilization.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Asset Turnover Ratio's Hongfa Technology Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Asset Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Asset Turnover Ratio.

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Profitability — Hongfa Technology Co

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