Financials Qingdao Hanhe Cable Co.,Ltd

Equities

002498

CNE100000WG6

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. 23:00:00 25/04/2024 BST 5-day change 1st Jan Change
3.69 CNY +0.54% Intraday chart for Qingdao Hanhe Cable Co.,Ltd -1.07% -7.75%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025
Capitalization 1 17,200 13,906 13,307 12,276 -
Enterprise Value (EV) 1 17,200 13,906 13,307 12,276 12,276
P/E ratio 22.5 x 17.7 x 17.5 x 11.5 x 10.3 x
Yield - 0.86% 0.9% 1.17% 1.3%
Capitalization / Revenue - 1.41 x 1.38 x 1 x 0.88 x
EV / Revenue - 1.41 x 1.38 x 1 x 0.88 x
EV / EBITDA - - - - -
EV / FCF - -54,674,147 x - - -
FCF Yield - -0% - - -
Price to Book - 1.97 x 1.73 x 1.41 x 1.26 x
Nbr of stocks (in thousands) 3,326,796 3,326,796 3,326,796 3,326,796 -
Reference price 2 5.170 4.180 4.000 3.690 3.690
Announcement Date 28/04/22 22/02/23 27/02/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025
Net sales 1 - 9,842 9,658 12,262 13,874
EBITDA - - - - -
EBIT 1 - 880.6 866.5 1,181 1,357
Operating Margin - 8.95% 8.97% 9.63% 9.78%
Earnings before Tax (EBT) 1 - 880.3 864.6 1,180 1,357
Net income 1 777.2 785.7 760.1 1,048 1,204
Net margin - 7.98% 7.87% 8.55% 8.68%
EPS 2 0.2300 0.2362 0.2285 0.3200 0.3600
Free Cash Flow - -254.3 - - -
FCF margin - -2.58% - - -
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share 2 - 0.0360 0.0360 0.0430 0.0480
Announcement Date 28/04/22 22/02/23 27/02/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 2,473 2,684 1,579 2,773 2,870 1,786 3,393 3,055 3,375
EBITDA - - - - - - - - - -
EBIT - - - - - - - - - -
Operating Margin - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - -
Net income 499.6 - - - - - - - - -
Net margin - - - - - - - - - -
EPS 0.1500 - - - - - - - - -
Dividend per Share - - - - - - - - - -
Announcement Date 30/08/22 28/10/22 22/02/23 28/04/23 30/08/23 26/10/23 25/04/24 - - -
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025
Net Debt - - - - -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow - -254 - - -
ROE (net income / shareholders' equity) - 11.7% 10.3% 12% 12.3%
ROA (Net income/ Total Assets) - - - 8.6% 8.85%
Assets 1 - - - 12,189 13,608
Book Value Per Share 2 - 2.120 2.310 2.620 2.930
Cash Flow per Share 2 - 0.0600 0.3200 0.0800 0.1500
Capex 1 - 451 201 530 530
Capex / Sales - 4.58% 2.09% 4.32% 3.82%
Announcement Date 28/04/22 22/02/23 27/02/24 - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
3.69
Average target price
-
Consensus

Quarterly revenue - Rate of surprise

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