Qingdao Hanhe Cable Co Ltd (002498) - Total Assets

Latest as of September 2025: CN¥12.84 Billion CNY ≈ $1.88 Billion USD

Based on the latest financial reports, Qingdao Hanhe Cable Co Ltd (002498) holds total assets worth CN¥12.84 Billion CNY (≈ $1.88 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check Qingdao Hanhe Cable Co Ltd (002498) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Qingdao Hanhe Cable Co Ltd - Total Assets Trend (2007–2024)

This chart illustrates how Qingdao Hanhe Cable Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Qingdao Hanhe Cable Co Ltd to see how much of total assets are deployed in long-term investments.

Qingdao Hanhe Cable Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Qingdao Hanhe Cable Co Ltd's total assets of CN¥12.84 Billion consist of 72.7% current assets and 27.3% non-current assets.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	12.0%
Accounts Receivable	CN¥3.97 Billion	34.7%
Inventory	CN¥1.64 Billion	14.4%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥435.02 Million	3.8%
Goodwill	CN¥0.00	0.0%

Asset Composition Trend (2007–2024)

This chart illustrates how Qingdao Hanhe Cable Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see 002498 company net worth.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Qingdao Hanhe Cable Co Ltd's current assets represent 72.7% of total assets in 2024, a decrease from 80.1% in 2007.
Cash Position: Cash and equivalents constituted 12.0% of total assets in 2024, up from 4.6% in 2007.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 2.0% in 2007.
Asset Diversification: The largest asset category is accounts receivable at 34.7% of total assets.

Qingdao Hanhe Cable Co Ltd Competitors by Total Assets

Key competitors of Qingdao Hanhe Cable Co Ltd based on total assets are shown below.

Company	Country	Total Assets
Sungrow Power Supply Co Ltd SHE:300274	China	CN¥121.86 Billion
Nantong Jianghai Capacitor Co Ltd SHE:002484	China	CN¥8.78 Billion
Sinomag Technology Co Ltd SHE:300835	China	CN¥2.38 Billion
Zhejiang HangKe Technology Co Ltd SHG:688006	China	CN¥9.85 Billion
Suzhou K-Hiragawa Electronic Technology Co. Ltd. A SHG:603052	China	CN¥1.73 Billion
Xiamen Kehua Hengsheng SHE:002335	China	CN¥13.73 Billion
Shandong Sacred Sun Power Sources Co Ltd SHE:002580	China	CN¥4.04 Billion
Wuxi Dk Electronic Materials Co Ltd SHE:300842	China	CN¥12.90 Billion

Qingdao Hanhe Cable Co Ltd - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric	Current	1 Year Ago	5 Years Ago
Current Ratio	2.38	2.26	3.86
Quick Ratio	1.86	1.82	3.01
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥5.61 Billion	CN¥5.21 Billion	CN¥4.19 Billion

Qingdao Hanhe Cable Co Ltd - Advanced Valuation Insights

This section examines the relationship between Qingdao Hanhe Cable Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio	2.62
Latest Market Cap to Assets Ratio	0.32
Asset Growth Rate (YoY)	9.9%
Total Assets	CN¥11.44 Billion
Market Capitalization	$3.62 Billion USD

Valuation Analysis

Below Book Valuation: The market values Qingdao Hanhe Cable Co Ltd's assets below their book value (0.32x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Qingdao Hanhe Cable Co Ltd's assets grew by 9.9% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Qingdao Hanhe Cable Co Ltd (2007–2024)

The table below shows the annual total assets of Qingdao Hanhe Cable Co Ltd from 2007 to 2024.

Year	Total Assets	Change
2024-12-31	CN¥11.44 Billion ≈ $1.67 Billion	+9.88%
2023-12-31	CN¥10.42 Billion ≈ $1.52 Billion	+5.69%
2022-12-31	CN¥9.86 Billion ≈ $1.44 Billion	+5.73%
2021-12-31	CN¥9.32 Billion ≈ $1.36 Billion	+24.07%
2020-12-31	CN¥7.51 Billion ≈ $1.10 Billion	+18.14%
2019-12-31	CN¥6.36 Billion ≈ $930.54 Million	-4.28%
2018-12-31	CN¥6.64 Billion ≈ $972.14 Million	+6.73%
2017-12-31	CN¥6.22 Billion ≈ $910.87 Million	-3.30%
2016-12-31	CN¥6.44 Billion ≈ $941.93 Million	+3.57%
2015-12-31	CN¥6.21 Billion ≈ $909.43 Million	+5.49%
2014-12-31	CN¥5.89 Billion ≈ $862.10 Million	+16.85%
2013-12-31	CN¥5.04 Billion ≈ $737.77 Million	+6.53%
2012-12-31	CN¥4.73 Billion ≈ $692.53 Million	+6.21%
2011-12-31	CN¥4.46 Billion ≈ $652.03 Million	+9.12%
2010-12-31	CN¥4.08 Billion ≈ $597.51 Million	+75.53%
2009-12-31	CN¥2.33 Billion ≈ $340.41 Million	+17.43%
2008-12-31	CN¥1.98 Billion ≈ $289.89 Million	+20.66%
2007-12-31	CN¥1.64 Billion ≈ $240.26 Million	--

About Qingdao Hanhe Cable Co Ltd

SHE:002498 China Electrical Equipment & Parts

Market Cap

$3.62 Billion

CN¥24.72 Billion CNY

Market Cap Rank

#4458 Global

#759 in China

Share Price

CN¥7.43

Change (1 day)

-1.85%

52-Week Range

CN¥3.25 - CN¥11.01

All Time High

CN¥11.01