Qingdao Hanhe Cable Co Ltd

SHE:002498 China Electrical Equipment & Parts
Market Cap
$4.26 Billion
CN¥31.27 Billion CNY
Market Cap Rank
#6002 Global
#858 in China
Share Price
CN¥9.40
Change (1 day)
-9.44%
52-Week Range
CN¥3.19 - CN¥10.38
All Time High
CN¥10.38
About

Qingdao Hanhe Cable Co.,Ltd, together with its subsidiaries, engages in the development, production, and sale of cables and wires primarily in China. The company offers power cables, equipment cables, special cables, data cables, overhead lines, cable accessories, submarine cables, heat resistant and high strength aluminum alloy wires, fire-resistant cables, and DC series cables. It also provides… Read more

Qingdao Hanhe Cable Co Ltd - Asset Resilience Ratio

Latest as of September 2025: 8.16%

Qingdao Hanhe Cable Co Ltd (002498) has an Asset Resilience Ratio of 8.16% as of September 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
CN¥1.05 Billion
Cash + Short-term Investments
Total Assets
CN¥12.84 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2008–2024)

This chart shows how Qingdao Hanhe Cable Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Qingdao Hanhe Cable Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥1.05 Billion 8.16%
Total Liquid Assets CN¥1.05 Billion 8.16%

Asset Resilience Insights

  • Limited Liquidity: Qingdao Hanhe Cable Co Ltd maintains only 8.16% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Qingdao Hanhe Cable Co Ltd Industry Peers by Asset Resilience Ratio

Compare Qingdao Hanhe Cable Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
YM Tech Co. Ltd.
KQ:273640
Electrical Equipment & Parts 20.34%
T-Conn Precision Corporation
TWO:6833
Electrical Equipment & Parts 6.41%
Supercomnet Technologies Bhd
KLSE:0001
Electrical Equipment & Parts 44.42%
XJ Electric Co Ltd
SHE:000400
Electrical Equipment & Parts 0.04%
Guangdong Macro Co Ltd
SHE:000533
Electrical Equipment & Parts 0.35%
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
Electrical Equipment & Parts 0.00%
Huagong Tech Co Ltd
SHE:000988
Electrical Equipment & Parts 0.64%
Hunan Valin Wire & Cable Co Ltd
SHE:001208
Electrical Equipment & Parts 13.82%

Annual Asset Resilience Ratio for Qingdao Hanhe Cable Co Ltd (2008–2024)

The table below shows the annual Asset Resilience Ratio data for Qingdao Hanhe Cable Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 9.82% CN¥1.12 Billion CN¥11.44 Billion +6.35pp
2023-12-31 3.47% CN¥361.33 Million CN¥10.42 Billion -3.19pp
2022-12-31 6.66% CN¥656.25 Million CN¥9.86 Billion +0.05pp
2021-12-31 6.61% CN¥616.16 Million CN¥9.32 Billion +0.89pp
2020-12-31 5.72% CN¥429.84 Million CN¥7.51 Billion -7.15pp
2018-12-31 12.88% CN¥855.43 Million CN¥6.64 Billion +3.24pp
2017-12-31 9.63% CN¥599.62 Million CN¥6.22 Billion -0.12pp
2016-12-31 9.76% CN¥628.09 Million CN¥6.44 Billion +3.31pp
2015-12-31 6.45% CN¥400.82 Million CN¥6.21 Billion -1.15pp
2014-12-31 7.60% CN¥447.56 Million CN¥5.89 Billion +3.78pp
2013-12-31 3.81% CN¥192.22 Million CN¥5.04 Billion -3.24pp
2012-12-31 7.05% CN¥333.57 Million CN¥4.73 Billion +1.90pp
2011-12-31 5.15% CN¥229.41 Million CN¥4.46 Billion +1.66pp
2010-12-31 3.49% CN¥142.62 Million CN¥4.08 Billion -9.18pp
2009-12-31 12.67% CN¥294.77 Million CN¥2.33 Billion +2.39pp
2008-12-31 10.29% CN¥203.75 Million CN¥1.98 Billion --
pp = percentage points