Qingdao Hanhe Cable Co Ltd Cash Flow Conversion Efficiency

Latest as of September 2025: 0.031x

Qingdao Hanhe Cable Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Qingdao Hanhe Cable Co Ltd (002498) has a cash flow conversion efficiency ratio of 0.031x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CN¥271.43 Million ≈ $39.72 Million USD) by net assets (CN¥8.62 Billion ≈ $1.26 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Qingdao Hanhe Cable Co Ltd (2007–2024)

Cash flow conversion efficiency of Qingdao Hanhe Cable Co Ltd from 2007 to 2024. This chart illustrates how Qingdao Hanhe Cable Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Qingdao Hanhe Cable Co Ltd stock quote for real-time trading data and today's change.

Qingdao Hanhe Cable Co Ltd Cash Flow Conversion Ratio Explained

Qingdao Hanhe Cable Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Qingdao Hanhe Cable Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Qingdao Hanhe Cable Co Ltd ranked by their cash flow conversion efficiency. Also see 002498 market cap for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Shanghai Yuyuan Tourist Mart Co Ltd SHG:600655	0.041x
LG Display Co Ltd NYSE:LPL	-0.016x
ITI Limited NSE:ITI	0.020x
First Bancorp NASDAQ:FBNC	0.039x
Dream Industrial Real Estate Investment Trust TO:DIR-UN	0.009x
Acer Incorporated F:AC5G	0.017x
AstraZeneca PLC LSE:AZN	0.057x
Theon International Plc AS:THEON	0.016x

Annual Cash Flow Conversion Efficiency for Qingdao Hanhe Cable Co Ltd (2007–2024)

The table below shows the annual cash flow conversion efficiency of Qingdao Hanhe Cable Co Ltd from 2007 to 2024. Review 002498 FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥8.14 Billion ≈ $1.19 Billion	CN¥184.33 Million ≈ $26.97 Million	0.023x	-83.89%
2023-12-31	CN¥7.93 Billion ≈ $1.16 Billion	CN¥1.11 Billion ≈ $162.95 Million	0.141x	+413.42%
2022-12-31	CN¥7.19 Billion ≈ $1.05 Billion	CN¥196.69 Million ≈ $28.78 Million	0.027x	-67.14%
2021-12-31	CN¥6.51 Billion ≈ $952.49 Million	CN¥542.18 Million ≈ $79.34 Million	0.083x	-51.00%
2020-12-31	CN¥5.66 Billion ≈ $827.55 Million	CN¥961.32 Million ≈ $140.67 Million	0.170x	+91.52%
2019-12-31	CN¥5.05 Billion ≈ $739.51 Million	CN¥448.54 Million ≈ $65.64 Million	0.089x	-21.71%
2018-12-31	CN¥4.70 Billion ≈ $687.97 Million	CN¥532.98 Million ≈ $77.99 Million	0.113x	+270.38%
2017-12-31	CN¥4.64 Billion ≈ $678.27 Million	CN¥-308.41 Million ≈ $-45.13 Million	-0.067x	-191.18%
2016-12-31	CN¥4.44 Billion ≈ $649.67 Million	CN¥323.99 Million ≈ $47.41 Million	0.073x	+18374.87%
2015-12-31	CN¥4.14 Billion ≈ $605.66 Million	CN¥1.63 Million ≈ $239.23K	0.000x	-99.22%
2014-12-31	CN¥4.22 Billion ≈ $617.34 Million	CN¥213.86 Million ≈ $31.29 Million	0.051x	+4167.78%
2013-12-31	CN¥4.13 Billion ≈ $603.72 Million	CN¥-5.14 Million ≈ $-752.35K	-0.001x	-101.11%
2012-12-31	CN¥3.83 Billion ≈ $560.88 Million	CN¥430.18 Million ≈ $62.95 Million	0.112x	+246.78%
2011-12-31	CN¥3.50 Billion ≈ $512.54 Million	CN¥-267.82 Million ≈ $-39.19 Million	-0.076x	-111.91%
2010-12-31	CN¥3.29 Billion ≈ $480.71 Million	CN¥-118.54 Million ≈ $-17.35 Million	-0.036x	-120.18%
2009-12-31	CN¥1.21 Billion ≈ $177.40 Million	CN¥216.80 Million ≈ $31.72 Million	0.179x	-50.32%
2008-12-31	CN¥754.26 Million ≈ $110.37 Million	CN¥271.49 Million ≈ $39.73 Million	0.360x	+16.54%
2007-12-31	CN¥525.89 Million ≈ $76.95 Million	CN¥162.43 Million ≈ $23.77 Million	0.309x	--

About Qingdao Hanhe Cable Co Ltd

SHE:002498 China Electrical Equipment & Parts

Market Cap

$2.65 Billion

CN¥18.10 Billion CNY

Market Cap Rank

#5139 Global

#845 in China

Share Price

CN¥5.44

Change (1 day)

+1.87%

52-Week Range

CN¥3.52 - CN¥11.01

All Time High

CN¥11.01