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Qingdao Hanhe CableLtd SZSE:002498 Stock Report

Last Price

CN¥3.51

Market Cap

CN¥11.7b

7D

-1.4%

1Y

-9.5%

Updated

22 Dec, 2024

Data

Company Financials +

Qingdao Hanhe Cable Co.,Ltd

SZSE:002498 Stock Report

Market Cap: CN¥11.7b

002498 Stock Overview

Engages in the development, production, and sale of cables and wires primarily in the People's Republic of China. More details

002498 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Qingdao Hanhe Cable Co.,Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Qingdao Hanhe CableLtd
Historical stock prices
Current Share PriceCN¥3.51
52 Week HighCN¥4.09
52 Week LowCN¥2.78
Beta-0.035
1 Month Change5.09%
3 Month Change22.30%
1 Year Change-9.54%
3 Year Change-31.45%
5 Year Change18.58%
Change since IPO-44.61%

Recent News & Updates

Does Qingdao Hanhe CableLtd (SZSE:002498) Have A Healthy Balance Sheet?

Nov 29
Does Qingdao Hanhe CableLtd (SZSE:002498) Have A Healthy Balance Sheet?

Investors Met With Slowing Returns on Capital At Qingdao Hanhe CableLtd (SZSE:002498)

Oct 17
Investors Met With Slowing Returns on Capital At Qingdao Hanhe CableLtd (SZSE:002498)

Why Investors Shouldn't Be Surprised By Qingdao Hanhe Cable Co.,Ltd's (SZSE:002498) Low P/E

Sep 25
Why Investors Shouldn't Be Surprised By Qingdao Hanhe Cable Co.,Ltd's (SZSE:002498) Low P/E

Recent updates

Does Qingdao Hanhe CableLtd (SZSE:002498) Have A Healthy Balance Sheet?

Nov 29
Does Qingdao Hanhe CableLtd (SZSE:002498) Have A Healthy Balance Sheet?

Investors Met With Slowing Returns on Capital At Qingdao Hanhe CableLtd (SZSE:002498)

Oct 17
Investors Met With Slowing Returns on Capital At Qingdao Hanhe CableLtd (SZSE:002498)

Why Investors Shouldn't Be Surprised By Qingdao Hanhe Cable Co.,Ltd's (SZSE:002498) Low P/E

Sep 25
Why Investors Shouldn't Be Surprised By Qingdao Hanhe Cable Co.,Ltd's (SZSE:002498) Low P/E

Is Qingdao Hanhe CableLtd (SZSE:002498) A Risky Investment?

Aug 20
Is Qingdao Hanhe CableLtd (SZSE:002498) A Risky Investment?

Are Investors Undervaluing Qingdao Hanhe Cable Co.,Ltd (SZSE:002498) By 24%?

Aug 01
Are Investors Undervaluing Qingdao Hanhe Cable Co.,Ltd (SZSE:002498) By 24%?

Qingdao Hanhe Cable Co.,Ltd's (SZSE:002498) Share Price Is Matching Sentiment Around Its Earnings

Jun 25
Qingdao Hanhe Cable Co.,Ltd's (SZSE:002498) Share Price Is Matching Sentiment Around Its Earnings

Qingdao Hanhe CableLtd (SZSE:002498) Has Announced A Dividend Of CN¥0.036

Jun 07
Qingdao Hanhe CableLtd (SZSE:002498) Has Announced A Dividend Of CN¥0.036

Qingdao Hanhe CableLtd (SZSE:002498) Is Doing The Right Things To Multiply Its Share Price

May 21
Qingdao Hanhe CableLtd (SZSE:002498) Is Doing The Right Things To Multiply Its Share Price

Shareholder Returns

002498CN ElectricalCN Market
7D-1.4%-0.8%-1.2%
1Y-9.5%22.3%11.8%

Return vs Industry: 002498 underperformed the CN Electrical industry which returned 22.3% over the past year.

Return vs Market: 002498 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 002498's price volatile compared to industry and market?
002498 volatility
002498 Average Weekly Movement5.7%
Electrical Industry Average Movement9.0%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 002498 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002498's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19822,985Lin Jun Zhangwww.hanhe-cable.com

Qingdao Hanhe Cable Co.,Ltd, together with its subsidiaries, engages in the development, production, and sale of cables and wires primarily in the People's Republic of China. The company offers power cables, cable accessories, submarine cables, optical power composite cables, heat resistant and high strength aluminum alloy wires, electrical equipment wires and cables, overhead conductors, communication cables, radio-frequency cables, bus bar and prefabricated branch cables, nuclear plant cables, fire-resistant cables, and DC series cables, as well as shipboard, mining, oil platform, and wind farm cables. It also provides power equipment monitoring system; electric power design, engineering, and installation services; and operation maintenance services for transformer substations.

Qingdao Hanhe Cable Co.,Ltd Fundamentals Summary

How do Qingdao Hanhe CableLtd's earnings and revenue compare to its market cap?
002498 fundamental statistics
Market capCN¥11.68b
Earnings (TTM)CN¥635.77m
Revenue (TTM)CN¥8.98b

18.4x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002498 income statement (TTM)
RevenueCN¥8.98b
Cost of RevenueCN¥7.42b
Gross ProfitCN¥1.56b
Other ExpensesCN¥922.74m
EarningsCN¥635.77m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.19
Gross Margin17.36%
Net Profit Margin7.08%
Debt/Equity Ratio32.3%

How did 002498 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

19%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 11:02
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Qingdao Hanhe Cable Co.,Ltd is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zhongshu YinEverbright Securities Co. Ltd.
Weiqi WangGuosen Securities Co., Ltd.
Fanghong XuHuatai Research