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. Explore Qingdao Hanhe Cable Co Ltd (002498) long-term investment share to see how much of total assets are deployed in long-term investments.
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. For the complete balance sheet picture, see 002498 asset 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 |
|---|---|---|
|
Minmetals Capital Co Ltd
SHG:600390
|
China | CN¥97.41 Billion |
|
Hyundai Steel
KO:004020
|
Korea | ₩15.19 Trillion |
|
Juneyao Airlines
SHG:603885
|
China | CN¥43.48 Billion |
|
YETI Holdings Inc
NYSE:YETI
|
USA | $557.59 Million |
|
Pt Pradiksi Gunatama Tbk
JK:PGUN
|
Indonesia | Rp557.14 Billion |
|
Taseko Mines Ltd
TO:TKO
|
Canada | CA$1.75 Billion |
|
Seabridge Gold Inc.
TO:SEA
|
Canada | CA$650.17 Million |
|
Veracyte Inc
NASDAQ:VCYT
|
USA | $97.96 Million |
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. See Qingdao Hanhe Cable Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
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