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Qingdao Hanhe CableLtd XSEC:002498 Stock Report

Last Price

CN¥3.83

Market Cap

CN¥12.7b

7D

2.4%

1Y

-7.0%

Updated

09 May, 2024

Data

Company Financials +

Qingdao Hanhe Cable Co.,Ltd

XSEC:002498 Stock Report

Market Cap: CN¥12.7b

2498 Stock Overview

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.

2498 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends4/6

Qingdao Hanhe Cable Co.,Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Qingdao Hanhe CableLtd
Historical stock prices
Current Share PriceCN¥3.83
52 Week HighCN¥4.30
52 Week LowCN¥2.97
Beta0.053
1 Month Change0.79%
3 Month Change7.28%
1 Year Change-7.04%
3 Year Change4.93%
5 Year Change24.35%
Change since IPO-14.70%

Recent News & Updates

Recent updates

Shareholder Returns

2498CN ElectricalCN Market
7D2.4%0.7%0.9%
1Y-7.0%-15.5%-11.3%

Return vs Industry: 002498 exceeded the CN Electrical industry which returned -15.5% over the past year.

Return vs Market: 002498 exceeded the CN Market which returned -11.3% over the past year.

Price Volatility

Is 2498's price volatile compared to industry and market?
2498 volatility
2498 Average Weekly Movement3.7%
Electrical Industry Average Movement7.8%
Market Average Movement7.4%
10% most volatile stocks in CN Market11.1%
10% least volatile stocks in CN Market4.3%

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

Volatility Over Time: 002498's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19822,908Lin 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?
2498 fundamental statistics
Market capCN¥12.74b
Earnings (TTM)CN¥830.56m
Revenue (TTM)CN¥9.91b

15.3x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2498 income statement (TTM)
RevenueCN¥9.91b
Cost of RevenueCN¥9.05b
Gross ProfitCN¥854.84m
Other ExpensesCN¥24.28m
EarningsCN¥830.56m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin8.63%
Net Profit Margin8.38%
Debt/Equity Ratio11.7%

How did 2498 perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

14%

Payout Ratio
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