Qingdao Hanhe Cable Co Ltd (002498) - Total Liabilities
Based on the latest financial reports, Qingdao Hanhe Cable Co Ltd (002498) has total liabilities worth CN¥4.22 Billion CNY (≈ $617.06 Million USD) as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Qingdao Hanhe Cable Co Ltd - Total Liabilities Trend (2007–2024)
This chart illustrates how Qingdao Hanhe Cable Co Ltd's total liabilities have evolved over time, based on quarterly financial data. See how liquid is Qingdao Hanhe Cable Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Qingdao Hanhe Cable Co Ltd Competitors by Total Liabilities
The table below lists competitors of Qingdao Hanhe Cable Co Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Covivio Hotels
PA:COVH
|
France | €2.93 Billion |
|
Georg Fischer AG
SW:GF
|
Switzerland | CHF3.60 Billion |
|
CVB Financial Corporation
NASDAQ:CVBF
|
USA | $13.19 Billion |
|
Miniso Group Holding Ltd
NYSE:MNSO
|
USA | $17.93 Billion |
|
Brighthouse Financial Inc
NASDAQ:BHF
|
USA | $238.25 Billion |
|
Aecc Aero Engine Control Co Ltd
SHE:000738
|
China | CN¥2.98 Billion |
|
Tangshan Port Group Co Ltd
SHG:601000
|
China | CN¥2.15 Billion |
|
Lotte Shopping
KO:023530
|
Korea | ₩21.46 Trillion |
Liability Composition Analysis (2007–2024)
This chart breaks down Qingdao Hanhe Cable Co Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see 002498 market cap.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.38 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.49 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.33 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Qingdao Hanhe Cable Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Qingdao Hanhe Cable Co Ltd (2007–2024)
The table below shows the annual total liabilities of Qingdao Hanhe Cable Co Ltd from 2007 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CN¥3.30 Billion ≈ $482.99 Million |
+32.51% |
| 2023-12-31 | CN¥2.49 Billion ≈ $364.49 Million |
-6.66% |
| 2022-12-31 | CN¥2.67 Billion ≈ $390.49 Million |
-5.09% |
| 2021-12-31 | CN¥2.81 Billion ≈ $411.45 Million |
+51.37% |
| 2020-12-31 | CN¥1.86 Billion ≈ $271.81 Million |
+42.29% |
| 2019-12-31 | CN¥1.31 Billion ≈ $191.03 Million |
-32.78% |
| 2018-12-31 | CN¥1.94 Billion ≈ $284.17 Million |
+22.17% |
| 2017-12-31 | CN¥1.59 Billion ≈ $232.59 Million |
-20.42% |
| 2016-12-31 | CN¥2.00 Billion ≈ $292.26 Million |
-3.79% |
| 2015-12-31 | CN¥2.08 Billion ≈ $303.77 Million |
+24.11% |
| 2014-12-31 | CN¥1.67 Billion ≈ $244.76 Million |
+82.59% |
| 2013-12-31 | CN¥916.05 Million ≈ $134.05 Million |
+1.82% |
| 2012-12-31 | CN¥899.71 Million ≈ $131.66 Million |
-5.62% |
| 2011-12-31 | CN¥953.28 Million ≈ $139.49 Million |
+19.43% |
| 2010-12-31 | CN¥798.18 Million ≈ $116.80 Million |
-28.35% |
| 2009-12-31 | CN¥1.11 Billion ≈ $163.01 Million |
-9.19% |
| 2008-12-31 | CN¥1.23 Billion ≈ $179.52 Million |
+9.93% |
| 2007-12-31 | CN¥1.12 Billion ≈ $163.30 Million |
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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