Hongfa Technology Co

Hongfa Technology Co Fixed Asset Turnover

The Fixed Asset Turnover of Hongfa Technology Co (600885.SS) as of Oct 20, 2026 is 2.73. In the previous year, Fixed Asset Turnover was 2.39 — a change of 14.08% (higher).

Fixed Asset Turnover

2.73

YoY

14.08%

Last updated:

Fixed Asset Turnover of Hongfa Technology Co is 2021 2.73 . Fixed Asset Turnover of Hongfa Technology Co was 2020 2.39 . It decreases by 14.08% higher compared to the previous year.

The Hongfa Technology Co Fixed Asset Turnover history

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Fixed Asset Turnover
Date
Fixed Asset Turnover
Jan 1, 2014
3.26 CNY
Jan 1, 2015
2.52 CNY
Jan 1, 2016
2.50 CNY
Jan 1, 2017
2.46 CNY
Jan 1, 2018
2.59 CNY
Jan 1, 2019
2.39 CNY
Jan 1, 2020
2.39 CNY
Jan 1, 2021
2.73 CNY
The Hongfa Technology Co Fixed Asset Turnover history
YEARFixed Asset TurnoverYoY
2.73+14.08%
2.39+0.18%
2.39-8.01%
2.59+5.49%
2.46-1.78%
2.50-0.52%
2.52-22.79%
3.26—

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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

Fixed Asset Turnover of Hongfa Technology Co is 2.73 in 2021.

Fixed Asset Turnover of Hongfa Technology Co changed from 2.39 to 2.73, representing a 14.08% change. The value is higher than the previous year.

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

Fixed asset turnover measures revenue generated per unit of PP&E. Higher ratios indicate more efficient utilization of physical assets.

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

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

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Profitability — Hongfa Technology Co

All Key Metrics — Hongfa Technology Co