Qingdao Hanhe Cable Co Ltd (SHE:002498) — Market Cap & Net Worth
Market Cap & Net Worth: Qingdao Hanhe Cable Co Ltd (002498)
Qingdao Hanhe Cable Co Ltd (SHE:002498) has a market capitalization of $4.25 Billion (CN¥29.01 Billion) as of May 4, 2026. Listed on the SHE stock exchange, this China-based company holds position #3999 globally and #666 in its home market, demonstrating a -2.68% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Qingdao Hanhe Cable Co Ltd's stock price CN¥8.72 by its total outstanding shares 3326796000 (3.33 Billion). Analyse Qingdao Hanhe Cable Co Ltd cash conversion from operations to see how efficiently the company converts income to cash.
Qingdao Hanhe Cable Co Ltd Market Cap History: 2015 to 2026
Qingdao Hanhe Cable Co Ltd's market capitalization history from 2015 to 2026. Data shows growth from $3.31 Billion to $4.25 Billion (3.34% CAGR).
Qingdao Hanhe Cable Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Qingdao Hanhe Cable Co Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.18x
Qingdao Hanhe Cable Co Ltd's market cap is 0.18 times its annual revenue
Latest Price to Earnings (P/E) Ratio
2.52x
Qingdao Hanhe Cable Co Ltd's market cap is 2.52 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $3.31 Billion | $4.17 Billion | $349.44 Million | 0.79x | 9.48x |
| 2016 | $1.93 Billion | $4.14 Billion | $416.77 Million | 0.47x | 4.63x |
| 2017 | $1.50 Billion | $4.74 Billion | $250.14 Million | 0.32x | 6.00x |
| 2018 | $913.99 Million | $5.57 Billion | $221.37 Million | 0.16x | 4.13x |
| 2019 | $1.40 Billion | $6.18 Billion | $435.49 Million | 0.23x | 3.21x |
| 2020 | $1.94 Billion | $6.95 Billion | $583.30 Million | 0.28x | 3.33x |
| 2021 | $2.45 Billion | $8.98 Billion | $777.15 Million | 0.27x | 3.15x |
| 2022 | $2.00 Billion | $9.84 Billion | $785.68 Million | 0.20x | 2.54x |
| 2023 | $1.93 Billion | $9.66 Billion | $760.08 Million | 0.20x | 2.54x |
| 2024 | $1.65 Billion | $9.26 Billion | $655.13 Million | 0.18x | 2.52x |
Competitor Companies of 002498 by Market Capitalization
Companies near Qingdao Hanhe Cable Co Ltd in the global market cap rankings as of May 4, 2026.
Key companies related to Qingdao Hanhe Cable Co Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #59 globally with a market cap of $281.23 Billion USD ( CN¥1.92 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #181 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #190 globally with a market cap of $122.86 Billion USD ( ฿3.94 Trillion THB).
- Vertiv Holdings Co (NYSE:VRT): Ranked #286 globally with a market cap of $89.72 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #59 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $281.23 Billion | CN¥436.00 |
| #181 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF78.44 |
| #190 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $122.86 Billion | ฿316.00 |
| #286 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $328.31 |
Qingdao Hanhe Cable Co Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Qingdao Hanhe Cable Co Ltd's market cap moved from $3.31 Billion to $ 4.25 Billion, with a yearly change of 3.34%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥4.25 Billion | +127.68% |
| 2025 | CN¥1.86 Billion | +12.98% |
| 2024 | CN¥1.65 Billion | -14.39% |
| 2023 | CN¥1.93 Billion | -3.44% |
| 2022 | CN¥2.00 Billion | -18.39% |
| 2021 | CN¥2.45 Billion | +25.85% |
| 2020 | CN¥1.94 Billion | +38.86% |
| 2019 | CN¥1.40 Billion | +53.16% |
| 2018 | CN¥913.99 Million | -39.06% |
| 2017 | CN¥1.50 Billion | -22.26% |
| 2016 | CN¥1.93 Billion | -41.73% |
| 2015 | CN¥3.31 Billion | -- |
End of Day Market Cap According to Different Sources
On May 3rd, 2026 the market cap of Qingdao Hanhe Cable Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $4.25 Billion USD |
| MoneyControl | $4.25 Billion USD |
| MarketWatch | $4.25 Billion USD |
| marketcap.company | $4.25 Billion USD |
| Reuters | $4.25 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Qingdao Hanhe Cable Co Ltd
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