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Qingdao Hanhe Cable Co LtdSHE 002498 Stock Report

Last reporting period 30 Sep, 2023

Updated 01 Nov, 2024

Last price

Market cap $B

1.445

Small

Exchange

XSHE - Shenzhen Stock Exchange

002498.SZ Stock Analysis

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Neutral

Based on Eyestock quantitative analysis, 002498.SZ`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

67/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

53.9 %

Greatly undervalued

Market cap $B

1.445

Dividend yield

2.01 %

Shares outstanding

3 326.8 B

Qingdao Hanhe Cable Co., Ltd. engages in the operation of cable and accessory system, status detection system, and power transmission and transformation engineering business. The company is headquartered in Qingdao, Shandong and currently employs 2,859 full-time employees. The company went IPO on 2010-11-09. The Company’s main products include power cables, equipment wires and cables, special cables, data cables and overhead conductors, among others. The firm's products are mainly used in electricity, petroleum, chemical, transportation, communication, coal, metallurgy, hydropower, ship building and construction industries. The firm distributes its products in domestic market and to overseas markets, with East China as its main market.

View Section: Eyestock Rating