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.

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. Read Qingdao Hanhe Cable Co Ltd (002498) financial obligations for a breakdown of total debt and financial obligations.

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.

Company	Cash Flow Conversion Efficiency
Etablissementen Franz Colruyt NV BR:COLR	0.070x
BICECORP S.A SN:BICECORP	0.214x
Guangdong Fenghua Advanced Technology Holding Co Ltd SHE:000636	0.007x
Caihong Display Devices Co Ltd SHG:600707	0.022x
International Bancshares Corporation NASDAQ:IBOC	0.037x
GRG Banking Equipment Co Ltd SHE:002152	0.010x
Warrior Met Coal Inc NYSE:HCC	0.036x
Lazard Ltd NYSE:LAZ	0.291x

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. For the full company profile with market capitalisation and key ratios, see 002498 company net worth.

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

$4.25 Billion

CN¥29.01 Billion CNY

Market Cap Rank

#3999 Global

#666 in China

Share Price

CN¥8.72

Change (1 day)

-3.33%

52-Week Range

CN¥3.25 - CN¥10.38

All Time High

CN¥10.38