Qingdao Hanhe Cable Co Ltd (002498) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.031x

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. Also see 002498 market cap for the company's overall valuation and market capitalisation.

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

This chart illustrates how Qingdao Hanhe Cable Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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. Explore Qingdao Hanhe Cable Co Ltd cash flow quality index to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
YETI Holdings Inc NYSE:YETI	0.144x
Juneyao Airlines SHG:603885	0.270x
Hyundai Steel KO:004020	0.013x
Minmetals Capital Co Ltd SHG:600390	0.066x
Pt Pradiksi Gunatama Tbk JK:PGUN	0.059x
Taseko Mines Ltd TO:TKO	0.113x
Seabridge Gold Inc. TO:SEA	-0.002x
Veracyte Inc NASDAQ:VCYT	0.033x

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. View Qingdao Hanhe Cable Co Ltd share price for real-time trading data and today's change.

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

$3.20 Billion

CN¥21.89 Billion CNY

Market Cap Rank

#4742 Global

#779 in China

Share Price

CN¥6.58

Change (1 day)

+3.30%

52-Week Range

CN¥3.52 - CN¥11.01

All Time High

CN¥11.01