002498 Stock Overview
Engages in the development, production, and sale of cables and wires primarily in the People's Republic of China. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Qingdao Hanhe Cable Co.,Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥3.45 |
| 52 Week High | CN¥4.09 |
| 52 Week Low | CN¥2.78 |
| Beta | -0.035 |
| 1 Month Change | 1.77% |
| 3 Month Change | 11.29% |
| 1 Year Change | -11.31% |
| 3 Year Change | -32.75% |
| 5 Year Change | 14.62% |
| Change since IPO | -23.16% |
Recent News & Updates
Recent updates
Shareholder Returns
| 002498 | CN Electrical | CN Market | |
|---|---|---|---|
| 7D | -1.7% | 0.8% | 0.4% |
| 1Y | -11.3% | 24.1% | 12.3% |
Return vs Industry: 002498 underperformed the CN Electrical industry which returned 24.1% over the past year.
Return vs Market: 002498 underperformed the CN Market which returned 12.3% over the past year.
Price Volatility
| 002498 volatility | |
|---|---|
| 002498 Average Weekly Movement | 5.7% |
| Electrical Industry Average Movement | 9.1% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in CN Market | 13.0% |
| 10% least volatile stocks in CN Market | 5.8% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1982 | 2,985 | Lin Jun Zhang | www.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
| 002498 fundamental statistics | |
|---|---|
| Market cap | CN¥11.48b |
| Earnings (TTM) | CN¥635.77m |
| Revenue (TTM) | CN¥8.98b |
18.1x
P/E Ratio1.3x
P/S RatioIs 002498 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 002498 income statement (TTM) | |
|---|---|
| Revenue | CN¥8.98b |
| Cost of Revenue | CN¥7.42b |
| Gross Profit | CN¥1.56b |
| Other Expenses | CN¥922.74m |
| Earnings | CN¥635.77m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.19 |
| Gross Margin | 17.36% |
| Net Profit Margin | 7.08% |
| Debt/Equity Ratio | 32.3% |
How did 002498 perform over the long term?
See historical performance and comparisonDividends
1.0%
Current Dividend Yield19%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 19:01 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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.
| Analyst | Institution |
|---|---|
| Zhongshu Yin | Everbright Securities Co. Ltd. |
| Weiqi Wang | Guosen Securities Co., Ltd. |
| Fanghong Xu | Huatai Research |