Qingdao Hanhe Cable Co Ltd Class A 002498
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- CNY 3.80
- Day Range
- CNY 3.79–3.84
- 52-Week Range
- CNY 2.97–4.30
- Bid/Ask
- CNY 3.83 / CNY 3.84
- Market Cap
- CNY 12.74 Bil
- Volume/Avg
- 12.2 Mil / 18.2 Mil
Key Statistics
- Price/Earnings (Normalized)
- 15.83
- Price/Sales
- 1.28
- Dividend Yield (Trailing)
- 0.95%
- Dividend Yield (Forward)
- 0.95%
- Total Yield
- 0.94%
Company Profile
Qingdao Hanhe Cable Co Ltd is engaged in the research, development, and manufacture of wires and cables in China. The company offers power cables, cable accessories, submarine cables, optical power composite cables, 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.
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Stock Style Box
- Mid Core
- Total Number of Employees
- 2,985
- Website
- http://www.hanhe-cable.com
Comparables
Valuation
|
Metric
|
002498
|
002692
|
300933
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.83 | 79.64 | 31.10 |
Price/Book Value | 1.60 | 2.59 | 1.75 |
Price/Sales | 1.28 | 0.86 | 1.00 |
Price/Cash Flow | 15.97 | 25.25 | — |
Price/Earnings
002498
002692
300933
Financial Strength
|
Metric
|
002498
|
002692
|
300933
|
|---|---|---|---|
Quick Ratio | 2.32 | 1.09 | 1.35 |
Current Ratio | 3.19 | 1.35 | 1.88 |
Interest Coverage | 87.91 | 2.70 | 1.95 |
Quick Ratio
002498
002692
300933
Profitability
|
Metric
|
002498
|
002692
|
300933
|
|---|---|---|---|
Return on Assets (Normalized) | 8.47% | 1.38% | 2.79% |
Return on Equity (Normalized) | 11.57% | 3.35% | 6.41% |
Return on Invested Capital (Normalized) | 10.03% | 3.22% | 5.35% |
Return on Assets
002498
002692
300933
Electrical Equipment & Parts Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
ABLZF
| ABB Ltd | — | Jwkf | $98.3 Bil | |
ABBNY
| ABB Ltd ADR | Dvswxdqb | Wfqh | $97.8 Bil | |
OSAGF
| OSRAM Licht AG | — | Rqrw | $55.5 Bil | |
OSAGY
| OSRAM Licht AG ADR | — | Rflf | $55.5 Bil | |
MIELY
| Mitsubishi Electric Corp ADR | — | Nsfqz | $37.2 Bil | |
MIELF
| Mitsubishi Electric Corp | — | Bvlthc | $37.2 Bil | |
VRT
| Vertiv Holdings Co Class A | — | Gzczgc | $36.4 Bil | |
HAYW
| Hayward Holdings Inc | Ytghnyv | Vbtylz | $3.2 Bil | |
BE
| Bloom Energy Corp Class A | Scljphdkw | Fdl | $2.8 Bil | |
PLUG
| Plug Power Inc | Skb | Jckyz | $2.5 Bil |