Qingdao Hanhe Cable Co.,Ltd

Qingdao Hanhe Cable Co.,Ltdverified

002498.SZ

Price:

$3.25

Market Cap:

$10.81B

Qingdao Hanhe Cable Co.,Ltd researches and develops, manufactures, and supplies cables and wires primarily in the People's Republic of 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. It also provides shipboard and mining cables, heat-resistant and high-strength aluminum alloy wires, carbon fiber wires, optical fiber composite submarine cables, data cables, nuclear power station cables, oil platform cables, wind farm cable...[Read more]

Industry

Electrical Equipment & Parts

IPO Date

2010-11-09

Stock Exchange

SHZ

Ticker

002498.SZ

The Current Ratio as of June 2025 (TTM) for Qingdao Hanhe Cable Co.,Ltd (002498.SZ) is 2.57

According to Qingdao Hanhe Cable Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 2.57. This represents a change of 3.29% compared to the average of 2.49 of the last 4 quarters.

Qingdao Hanhe Cable Co.,Ltd (002498.SZ) Historical Current Ratio (quarterly & annually)

How has 002498.SZ Current Ratio performed in the past?

The mean historical Current Ratio of Qingdao Hanhe Cable Co.,Ltd over the last ten years is 3.04. The current 2.57 Current Ratio has changed 8.35% with respect to the historical average. Over the past ten years (40 quarters), 002498.SZ's Current Ratio was at its highest in in the September 2019 quarter at 6.39. The Current Ratio was at its lowest in in the September 2015 quarter at 2.17.

Quarterly (TTM)
Annual

Average

3.04

Median

2.98

Minimum

2.18

Maximum

4.25

Qingdao Hanhe Cable Co.,Ltd (002498.SZ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Qingdao Hanhe Cable Co.,Ltd Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 44.46%

Maximum Annual Current Ratio = 4.25

Minimum Annual Increase = -24.81%

Minimum Annual Current Ratio = 2.18

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.62-13.51%
20233.03-0.30%
20223.044.60%
20212.90-24.81%
20203.86-9.06%
20194.2544.46%
20182.94-8.98%
20173.2338.48%
20162.336.85%
20152.18-20.39%

Qingdao Hanhe Cable Co.,Ltd (002498.SZ) Average Current Ratio

How has 002498.SZ Current Ratio performed in the past?

The current Current Ratio of Qingdao Hanhe Cable Co.,Ltd (002498.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.90

5-year avg

3.09

10-year avg

3.04

Qingdao Hanhe Cable Co.,Ltd (002498.SZ) Current Ratio vs. Peers

How is 002498.SZ’s Current Ratio compared to its peers?

Qingdao Hanhe Cable Co.,Ltd’s Current Ratio is less than Guangzhou Haige Communications Group Incorporated Company (2.67), greater than NavInfo Co., Ltd. (2.34), greater than Giant Network Group Co., Ltd. (1.45), greater than Zhejiang Semir Garment Co., Ltd. (2.06), greater than Wuhan Guide Infrared Co., Ltd. (1.69),

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