Qingdao Hanhe Cable Co Ltd Market Cap ($2.65 Billion)
Market Cap & Net Worth: Qingdao Hanhe Cable Co Ltd (002498)
Qingdao Hanhe Cable Co Ltd market cap. Qingdao Hanhe Cable Co Ltd (SHE:002498) has a market capitalization of $2.65 Billion (CN¥18.10 Billion) as of November 6, 2026. Listed on the SHE stock exchange, this China-based company holds position #5139 globally and #845 in its home market, demonstrating a -2.33% 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¥5.44 by its total outstanding shares 3326796000 (3.33 Billion). Also see Qingdao Hanhe Cable Co Ltd operating cash flow efficiency for how efficiently the company converts equity into cash flow.
Qingdao Hanhe Cable Co Ltd Market Cap History (2015–2026)
Qingdao Hanhe Cable Co Ltd market cap history from 2015 to 2026. Data shows change from $3.31 Billion to $2.65 Billion (-1.13% CAGR). Check Qingdao Hanhe Cable Co Ltd (002498) stock price for real-time trading data and today's change.
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. Explore Qingdao Hanhe Cable Co Ltd equity growth rate to track how rapidly the company is growing its equity base year over year.
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 November 6, 2026. Also see 002498 total assets for a full breakdown of the balance sheet.
Key companies related to Qingdao Hanhe Cable Co Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #145 globally with a market cap of $163.13 Billion USD ( CN¥1.11 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #185 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Vertiv Holdings Co (NYSE:VRT): Ranked #352 globally with a market cap of $79.13 Billion USD.
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #374 globally with a market cap of $75.82 Billion USD ( ฿2.43 Trillion THB).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #145 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $163.13 Billion | CN¥252.88 |
| #185 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF70.46 |
| #352 | Vertiv Holdings Co | NYSE:VRT | $79.13 Billion | $205.55 |
| #374 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $75.82 Billion | ฿195.00 |
Market Capitalization of Qingdao Hanhe Cable Co Ltd (2015–2026)
Market capitalization of Qingdao Hanhe Cable Co Ltd from 2015 to today. Between 2015 and today, Qingdao Hanhe Cable Co Ltd's market cap moved from $3.31 Billion to $ 2.65 Billion, with a yearly change of -1.13%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥2.65 Billion | +42.04% |
| 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 Nov 5th, 2026 the market cap of Qingdao Hanhe Cable Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.65 Billion USD |
| MoneyControl | $2.65 Billion USD |
| MarketWatch | $2.65 Billion USD |
| marketcap.company | $2.65 Billion USD |
| Reuters | $2.65 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