Qingdao Hanhe Cable Co Ltd (002498)

Currency in CNY
6.54
-0.56(-7.89%)
Closed·
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Fair Value
Day's Range
6.397.06
52 wk Range
3.4511.70
Key Statistics
Bid/Ask
6.54 / 6.55
Prev. Close
7.1
Open
6.76
Day's Range
6.39-7.06
52 wk Range
3.45-11.7
Volume
255.47M
Average Volume (3m)
121.04M
1-Year Change
83.7079%
Fair Value
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Fair Value Upside
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002498 Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
0.00
Downside
-100.00%
Members' Sentiments
Bearish
Bullish
ProTips
Stock generally trades with high price volatility

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Sell
Moving Averages
Neutral

Analyst Ratings

1 Buy
0 Hold
0 Sell
Ratings:
1 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 0.00

Earnings

Latest Release
30/04/2026
EPS / Forecast
-- / --
Revenue / Forecast
-- / --
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.17%
Dividend Yield
0.56%
Industry Median 1.00%
Annualised payout
0.04
Paid annually
5-Years Growth
+2.13%
Growth Streak

Compare 002498 to Peers and Sector

Metrics to compare
002498
Peers
Sector
Relationship
P/E Ratio
38.1x36.6x12.3x
PEG Ratio
−9.030.260.03
Price/Book
2.5x2.8x1.4x
Price / LTM Sales
2.0x1.9x1.2x
Upside (Analyst Target)
-33.7%27.6%
Fair Value Upside
Unlock−3.0%7.7%Unlock

Qingdao Hanhe Cable Co.,Ltd, together with its subsidiaries, engages in the development, production, and sale of cables and wires in China. It offers power cables, bare wires, equipment cables, special cables, data cables, overhead lines, cable accessories, submarine cables, heat resistant and high strength aluminum alloy wires, fire-resistant and armored cables, and DC series cables. It also engages in cable development and research services; and manufacturing and sales of power testing equipment. In addition, it is involved in production and sales of electrical round aluminum poles and materials; overhead stranded wires; distribute electric wires and cables; design, consulting, and technical services for power transmission and transformation projects; electrical and civil engineering, construction, and equipment installation; manufacturing of new energy power equipment; battery manufacturing and sales; information consulting services; software development and sales; technology development, consulting, exchange, transfer, and promotion; sells recycle wooden wheels and industrial waste metals; production and manufacturing of high and low voltage electrical equipment and related materials; solar energy appliance accessories; manufacturing and sales of polar cable materials, equipment-grade components, thermoplastic low-smoke halogen-free flame-retardant cable materials, and radiation cross-linked cable materials; manufactures and sales of graphite, graphene, synthetic, rubber, and carbon products; operation, maintenance and technical consulting of overhead lines and substations; sales of automobiles and auto parts, and rental of owned houses and cars; sales of building materials, daily necessities, office supplies and equipment, and consumables; and sales of mechanical equipment. The company was founded in 1982 and is headquartered in Qingdao, China. Qingdao Hanhe Cable Co.,Ltd operates as a subsidiary of Qingdao Hanhe Group Co., Ltd.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
83.60M2.51%593.54M
Other Institutional Investors
2.25B67.50%15.94B
Public Companies & Retail Investors
997.72M29.99%7.08B
Total
3.33B100.00%23.62B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Qingdao Hanhe Group Co., Ltd.66.56%2,214,408,01615,722,297
China Asset Management Co. Ltd.0.98%32,677,411232,010

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FAQ

What Is the Hanhe Cable A (Shenzhen: 002498) Share Price Today?

The Hanhe Cable A stock price today is 6.54 CNY.

What Stock Exchange Does Hanhe Cable A (002498) Trade On?

Hanhe Cable A is listed and trades on the Shenzhen Stock Exchange.

What Is the Ticker (Stock Symbol) for Hanhe Cable A?

The stock symbol (also called a 'ticker') for Hanhe Cable A is "002498."

Does Hanhe Cable A Pay Dividends? What’s The Current 002498 Dividend Yield?

Yes, 002498 Pays Dividends to its Shareholders. The current Hanhe Cable A dividend yield is 0.61%.

What Is the Current Hanhe Cable A Market Capitalisation?

As of today, Hanhe Cable A (Shenzhen: 002498) market cap is 21.76B CNY.

What Is Hanhe Cable A's (002498) Earnings Per Share (TTM)?

The Hanhe Cable A EPS is currently 0.17 (Trailing Twelve Months).

When Is the Next Hanhe Cable A Earnings Date?

Hanhe Cable A's next earnings report will be released on 29/08/2026.

Is 002498 a Buy or Sell From a Technical Analyst Perspective?

Based on today's Hanhe Cable A moving averages and other technical indicators, the daily buy/sell signal for 002498 stock is Strong Buy.

How Many Times Has Hanhe Cable A Stock Split?

Hanhe Cable A has split 3 times. (See the 002498 stock split history page for full effective split date and price information.)

How Many Employees Does Hanhe Cable A Have?

Hanhe Cable A has 3142 employees, based on their latest Companies House report.

What is the current trading status of Hanhe Cable A (Shenzhen: 002498)?

As of 28/07/2026, Hanhe Cable A (002498) is trading at a share price of 6.54 CNY, with a previous close of 7.10 CNY. The stock has fluctuated within a day range of 6.39 CNY to 7.06 CNY, while its 52-week range spans from 3.45 CNY to 11.70 CNY.
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