Qingdao Hanhe Cable (002498.SZ) stock price, revenue, and financials

Qingdao Hanhe Cable market cap is ¥12.5 b, and annual revenue was ¥8.65 b in FY 2021

¥12.5 B

002498.SZ Mkt cap, 24-May-2022

¥1.7 B

Qingdao Hanhe Cable Revenue Q1, 2022
Qingdao Hanhe Cable Gross profit (Q1, 2022)318.9 M
Qingdao Hanhe Cable Net income (Q1, 2022)133.1 M
Qingdao Hanhe Cable EBITDA (Q1, 2022)130.3 M
Qingdao Hanhe Cable EBIT (Q1, 2022)138.9 M
Qingdao Hanhe Cable Cash, 31-Mar-2022592.4 M
Qingdao Hanhe Cable EV12.8 B
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Qingdao Hanhe Cable Revenue Breakdown

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Qingdao Hanhe Cable revenue breakdown by business segment: 74.5% from POWER CABLES, 9.9% from BARE WIRES and 15.7% from Other

Qingdao Hanhe Cable Income Statement

Annual

CNYFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

5.5b6.1b6.8b8.7b

Cost of goods sold

(4.5b)(5.0b)(5.4b)(7.1b)

Gross profit

987.4m1.2b1.5b1.8b

R&D expense

(229.8m)(319.1m)(402.8m)(486.2m)

Operating expense total

(557.2m)(739.1m)(848.5m)(850.3m)

Depreciation and amortization

(100.3m)(68.0m)(68.7m)(87.3m)

EBITDA

443.0m471.7m704.7m975.9m

EBIT

317.5m459.9m630.3m850.1m

Interest expense

(16.1m)(223.0k)(171.0k)(823.0k)

Interest income

5.8m12.7m20.5m3.8m

Pre tax profit

266.3m501.8m673.7m883.7m

Income tax expense

(45.2m)(66.1m)(90.6m)(112.3m)

Net Income

221.1m435.7m583.0m771.4m

Quarterly

CNYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

1.0b1.5b1.9b949.0m2.0b2.0b1.1b2.3b2.6b1.7b

Cost of goods sold

(859.5m)(1.3b)(1.5b)(733.5m)(1.5b)(1.5b)(915.5m)(1.9b)(1.8b)(1.4b)

Gross profit

174.8m317.4m361.4m215.5m458.6m448.5m231.3m754.2m541.6m318.9m

R&D expense

(38.7m)(65.3m)(74.6m)(48.6m)(77.1m)125.7m(72.3m)(139.0m)(105.6m)(82.3m)

Operating expense total

(158.1m)(132.3m)(242.9m)(148.7m)(143.8m)(325.0m)(116.8m)(258.3m)(401.3m)(191.4m)

Depreciation and amortization

(34.9m)34.9m(32.1m)32.1m(46.3m)46.3m

EBITDA

29.3m191.5m126.0m80.5m325.0m127.6m119.4m504.8m141.7m130.3m

EBIT

54.1m152.3m188.3m82.5m298.3m169.1m122.8m431.6m231.1m138.9m

Interest expense

(208.0k)208.0k(20.0k)20.0k(6.0k)6.0k

Interest income

8.2m(8.2m)8.3m(8.3m)9.8m(9.8m)

Pre tax profit

66.8m163.2m196.8m96.4m312.2m182.0m135.8m444.5m235.6m142.7m

Income tax expense

(8.8m)(25.5m)(29.5m)(11.5m)(46.2m)(33.7m)(21.9m)(75.9m)(22.8m)(9.7m)

Net Income

58.0m137.7m167.4m84.9m266.0m148.3m113.9m368.6m212.9m133.1m

Qingdao Hanhe Cable Balance Sheet

Annual

CNYFY, 2018FY, 2019FY, 2020FY, 2021

Cash

1.0b974.8m878.0m1.0b

Accounts Receivable

2.1b2.2b2.3b3.2b

Prepaid Expenses

41.6m81.0m28.0m69.9m

Inventories

971.0m1.3b1.2b1.3b

Current Assets

5.4b5.1b5.6b7.0b

PP&E

463.0m440.8m587.4m817.5m

Total Assets

6.6b6.4b7.5b9.3b

Accounts Payable

1.1b298.0m364.6m457.4m

Short-term debt

125.5m3.6m117.2m698.9m

Current Liabilities

1.8b1.2b1.5b2.4b

Long-term debt

260.0m260.0m

Non-Current Liabilities

106.0m112.7m394.9m395.5m

Total Debt

125.5m3.6m377.2m958.9m

Total Liabilities

1.9b1.3b1.9b2.8b

Common Stock

3.3b3.3b3.3b3.3b

Additional Paid-in Capital

148.4m148.4m148.4m190.4m

Retained Earnings

863.8m1.2b1.6b2.3b

Total Equity

4.7b5.1b5.7b6.5b

Quarterly

CNYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

885.3m426.0m437.6m1.2b1.3b434.7m1.1b490.3m531.3m592.4m

Accounts Receivable

2.0b2.3b2.4b1.9b2.3b2.4b2.0b2.8b3.3b3.1b

Prepaid Expenses

40.4m107.1m131.3m97.8m97.5m179.8m44.4m169.3m194.3m279.4m

Inventories

1.1b1.3b1.2b1.5b1.4b1.6b1.6b1.4b1.7b1.5b

Current Assets

4.4b4.4b4.5b5.1b5.6b5.4b5.7b6.0b6.7b6.8b

PP&E

446.6m441.8m441.4m433.4m504.7m524.7m607.0m681.1m702.2m820.9m

Total Assets

5.7b5.7b5.8b6.4b7.3b7.1b7.8b8.2b8.9b9.0b

Accounts Payable

279.2m268.4m264.6m334.6m314.0m334.5m460.2m492.9m477.1m

Short-term debt

309.6m8.3m1.6m242.8m421.2m71.1m124.7m270.7m408.1m723.5m

Current Liabilities

793.5m790.7m698.2m1.3b1.5b1.2b1.4b1.6b2.1b2.1b

Long-term debt

260.0m260.0m260.0m260.0m260.0m130.0m

Non-Current Liabilities

110.4m106.3m109.9m109.6m387.7m382.0m393.1m385.8m398.3m269.8m

Total Debt

309.6m8.3m1.6m242.8m681.2m331.1m384.7m530.7m668.1m853.5m

Total Liabilities

903.9m897.0m808.1m1.4b1.9b1.6b1.8b2.0b2.5b2.3b

Common Stock

3.3b3.3b3.3b3.3b3.3b3.3b3.3b3.3b3.3b3.3b

Additional Paid-in Capital

148.4m148.4m148.4m148.4m148.4m148.4m190.4m190.4m190.4m190.4m

Retained Earnings

922.2m940.2m1.1b1.2b1.4b1.5b1.7b2.0b2.3b2.4b

Total Equity

4.8b4.8b4.9b5.0b5.4b5.5b6.0b6.2b6.4b6.7b

Qingdao Hanhe Cable Cash Flow

Annual

CNYFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

221.1m435.7m583.0m771.4m

Depreciation and Amortization

62.7m68.3m69.0m91.8m

Accounts Receivable

(281.8m)(208.9m)(11.1m)(1.7b)

Inventories

178.8m(325.6m)54.5m(16.8m)

Accounts Payable

319.2m536.8m269.5m1.4b

Cash From Operating Activities

533.0m448.5m961.3m542.2m

Cash From Investing Activities

86.3m(79.6m)(917.0m)(535.8m)

Short-term Borrowings

17.8m(124.0m)1.8m277.5m

Dividends Paid

(139.6m)(119.8m)(119.9m)(121.6m)

Cash From Financing Activities

(103.7m)(469.2m)(87.7m)126.0m

Net Change in Cash

518.4m(100.6m)(45.6m)133.8m

Quarterly

CNYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

195.8m350.9m482.5m

Depreciation and Amortization

35.0m28.4m42.9m

Accounts Receivable

649.6m(61.6m)(618.8m)

Inventories

(297.8m)(135.8m)(162.1m)

Accounts Payable

(748.2m)279.8m50.0m

Cash From Operating Activities

21.6m(199.9m)(123.6m)11.4m426.9m137.4m162.9m(204.9m)(358.8m)(202.6m)

Cash From Investing Activities

(3.2m)(29.2m)(37.9m)(20.9m)(101.1m)(502.2m)38.3m(72.0m)106.6m(297.9m)

Short-term Borrowings

(69.6m)(122.4m)(125.4m)6.3m150.3m300.0k14.3m14.0m30.2m51.0m

Dividends Paid

(236.0k)(121.2m)(120.2m)(121.4m)(121.5m)(120.8m)(120.8m)

Cash From Financing Activities

(160.4m)(373.2m)(429.2m)6.3m28.9m(121.2m)14.3m(106.8m)(90.6m)51.0m

Net Change in Cash

(142.5m)(601.8m)(590.2m)(2.7m)355.1m(482.6m)215.9m(383.9m)(342.9m)(449.5m)

Qingdao Hanhe Cable Ratios

CNYFY, 2018