Hongfa Technology Co (SHSE:600885) Inventories, Work In Process: ¥0 Mil (As of Mar. 2026)

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SHSE:600885 Hongfa Technology Co Ltd SHSE:600885
95 GF Score
Price ¥32.80
GF Value ¥30.82
Valuation Fairly Valued
! 2 Warning Signs
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What is Hongfa Technology Co Inventories, Work In Process?

Hongfa Technology Co SHSE:600885 +3.47% 95 Inventories, Work In Process is ¥0 Mil as of Mar. 2026. GuruFocus rates SHSE:600885 with a GF Score™ of 95/100 and a GF Value™ of ¥30.82 (Fairly Valued). The stock has 2 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Hongfa Technology Co's work in process for the quarter that ended in Mar. 2026 was ¥0 Mil.

Hongfa Technology Co Inventories, Work In Process Historical Data

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The historical data trend for Hongfa Technology Co's Inventories, Work In Process can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hongfa Technology Co Inventories, Work In Process Chart

Hongfa Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 351.85 319.83 362.60 449.43 507.48

Hongfa Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Work In Process Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 440.96 0.00 507.48 0.00
SHSE:600885
95GF Score
Hongfa Technology Co Ltd SHSE:600885
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Hongfa Technology Co Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of ¥0 Mil mean?
Hongfa Technology Co (SHSE:600885) has a Inventories, Work In Process of ¥0 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Hongfa Technology Co and its competitors.
Is Hongfa Technology Co's Inventories, Work In Process too high?
Hongfa Technology Co's current Inventories, Work In Process is ¥0 Mil. Overall, Hongfa Technology Co has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hongfa Technology Co's Inventories, Work In Process compare to VRT and BE?
Hongfa Technology Co's Inventories, Work In Process of ¥0 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Work In Process for an Industrial Products company?
A good Inventories, Work In Process depends on the Industrial Products industry context. However, Inventories, Work In Process should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Hongfa Technology Co and its competitors. Hongfa Technology Co's current Inventories, Work In Process is ¥0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hongfa Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hongfa Technology Co (SHSE:600885) is currently considered Fairly Valued. The stock's GF Value™ is ¥30.82, compared to a current price of ¥32.80 — trading 6.4% above its estimated fair value. The current Inventories, Work In Process is ¥0 Mil. Hongfa Technology Co's overall GF Score™ is 95/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Hongfa Technology Co (SHSE:600885), the current Inventories, Work In Process is ¥0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hongfa Technology Co (SHSE:600885) Overvalued in 2026?

Based on GuruFocus' analysis, Hongfa Technology Co stock appears to be overvalued. The current stock price of ¥32.80 is trading 6.4% above its estimated GF Value™ of ¥30.82. GuruFocus considers Hongfa Technology Co to be Fairly Valued.

Key valuation signals for SHSE:600885:

  • Inventories, Work In Process: ¥0 Mil
  • GF Value™: ¥30.82 vs. price of ¥32.80 (6.4% above fair value)
  • GF Score™: 95/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600885 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hongfa Technology Co Business Description

Address No. 564, Donglin Road, Jimei North Industrial Zone, Fujian Province, Xiamen, CHN, 361021
Hongfa Technology Co Ltd is engaged in Research, manufacture and selling relays, low voltage electrical appliances, contactors, automation equipment and related electronic components and assemblies, electromechanical products, mechanical equipment.
95GF Score

Get the complete analysis for SHSE:600885

Inventories, Work In Process is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥32.80
Price
¥30.82
GF Value