Qingdao Hanhe Cable Co.,Ltd

SZSE:002498 Stock Report

Market Cap: CN¥11.6b

Qingdao Hanhe CableLtd Past Earnings Performance

Past criteria checks 2/6

Qingdao Hanhe CableLtd has been growing earnings at an average annual rate of 8.7%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 10.1% per year. Qingdao Hanhe CableLtd's return on equity is 7.6%, and it has net margins of 7.1%.

Key information

8.7%

Earnings growth rate

8.3%

EPS growth rate

Electrical Industry Growth14.0%
Revenue growth rate10.1%
Return on equity7.6%
Net Margin7.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

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

Revenue & Expenses Breakdown

How Qingdao Hanhe CableLtd makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002498 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 248,979636502600
30 Jun 249,638718524626
31 Mar 249,865786462609
31 Dec 239,658760506614
30 Sep 239,906825484620
30 Jun 239,509710502629
31 Mar 239,693826555620
01 Jan 239,842786555597
30 Sep 229,983744341548
30 Jun 229,900791451504
31 Mar 229,552797486496
01 Jan 228,981777451486
30 Sep 218,184784610488
30 Jun 217,755718566488
31 Mar 217,159614490427
31 Dec 206,952583514403
30 Sep 206,655572462372
30 Jun 206,528590420341
31 Mar 206,089462452329
31 Dec 196,180435442319
30 Sep 196,254442424248
30 Jun 195,682339370236
31 Mar 195,430240378217
31 Dec 185,568221374230
30 Sep 185,155168403255
30 Jun 185,097171370317
31 Mar 185,163217379271
31 Dec 174,745250381220
30 Sep 174,598322445125
30 Jun 174,4583854510
31 Mar 174,1584344590
31 Dec 164,1384174420
30 Sep 164,0144254160
30 Jun 163,9223604460
31 Mar 163,9363533980
31 Dec 154,1683494060
30 Sep 154,1552883870
30 Jun 154,6513234120
31 Mar 154,6492744060
31 Dec 144,6382494040
30 Sep 144,8912814040
30 Jun 144,7104523730
31 Mar 144,8704303800
31 Dec 134,8074343940

Quality Earnings: 002498 has high quality earnings.

Growing Profit Margin: 002498's current net profit margins (7.1%) are lower than last year (8.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002498's earnings have grown by 8.7% per year over the past 5 years.

Accelerating Growth: 002498's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002498 had negative earnings growth (-22.9%) over the past year, making it difficult to compare to the Electrical industry average (1.1%).


Return on Equity

High ROE: 002498's Return on Equity (7.6%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 07:29
End of Day Share Price 2024/12/24 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