Hongfa Technology Co Ltd operates in the Relays and industrial controls sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hongfa Technology Co Ltd with three other
electrical equipment manufacturers in Asia:
Sinfonia Technology Company Limited
sales of 80.08 billion Japanese Yen [US$746.35 million]
of which 39%
was Power Electronics Equipment),
Beijing Sifang Automation Company Limited
(3.14 billion Chinese Renmimbi [US$494.51 million]
Fujitsu Component Limited
based in Japan
(48.28 billion Japanese Yen [US$449.95 million]
Hongfa Technology Co Ltd reported sales of 5.08 billion Chinese Renmimbi (US$800.61 million)
December of 2016.
increase of 19.7%
versus 2015, when the company's sales were 4.25 billion Chinese Renmimbi.
Sales at Hongfa Technology Co Ltd have increased during each of the previous five years
(and since 2011, sales have increased a total of 735%).
Sales of Other Business saw an increase
that was more than double the company's growth rate: sales were up
121.1% in 2016, from
30.08 million Chinese Renmimbi to 66.52 million Chinese Renmimbi.
Not all segments of Hongfa Technology Co Ltd experienced an increase in sales in 2016:
sales of Indusrry fell 28.7% to 3.01 billion Chinese Renmimbi.