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1 Comment
Qingdao Hanhe Cable Co.,Ltd is currently in a long term downtrend where the price is trading 10.2% below its 200 day moving average.
From a valuation standpoint, the stock is 62.5% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.9.
Qingdao Hanhe Cable Co.,Ltd's total revenue rose by 13.2% to $2B since the same quarter in the previous year.
Its net income has increased by 105.4% to $148M since the same quarter in the previous year.
Finally, its free cash flow fell by 154.6% to $-289M since the same quarter in the previous year.
Based on the above factors, Qingdao Hanhe Cable Co.,Ltd gets an overall score of 3/5.
| Exchange | SHE |
|---|---|
| CurrencyCode | CNY |
| ISIN | CNE100000WG6 |
| Sector | Industrials |
| Industry | Electrical Equipment & Parts |
| Market Cap | 11B |
|---|---|
| Target Price | 21.37 |
| Dividend Yield | 1.0% |
| Beta | 0.0 |
| PE Ratio | 18.61 |
Qingdao Hanhe Cable Co.,Ltd, together with its subsidiaries, engages in the development, production, and sale of cables and wires primarily in the People's Republic of China. The company offers power cables, cable accessories, submarine cables, optical power composite cables, heat resistant and high strength aluminum alloy wires, electrical equipment wires and cables, overhead conductors, communication cables, radio-frequency cables, bus bar and prefabricated branch cables, nuclear plant cables, fire-resistant cables, and DC series cables, as well as shipboard, mining, oil platform, and wind farm cables. It also provides power equipment monitoring system; electric power design, engineering, and installation services; and operation maintenance services for transformer substations. The company's products are used in various sectors, such as power, metallurgy, telecommunication, railway, petroleum and chemical, coal mining and construction, etc. The company was founded in 1982 and is headquartered in Qingdao, the People's Republic of China. Qingdao Hanhe Cable Co.,Ltd operates as a subsidiary of Qingdao Hanhe Group Co., Ltd.
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