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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 | 23B |
|---|---|
| Target Price | 21.37 |
| Dividend Yield | 0.6% |
| Beta | 0.3 |
| PE Ratio | 40.12 |
Qingdao Hanhe Cable Co.,Ltd, together with its subsidiaries, engages in the development, production, and sale of cables and wires in China. It offers power cables, bare wires, equipment cables, special cables, data cables, overhead lines, cable accessories, submarine cables, heat resistant and high strength aluminum alloy wires, fire-resistant and armored cables, and DC series cables. It also engages in cable development and research services; and manufacturing and sales of power testing equipment. In addition, it is involved in production and sales of electrical round aluminum poles and materials; overhead stranded wires; distribute electric wires and cables; design, consulting, and technical services for power transmission and transformation projects; electrical and civil engineering, construction, and equipment installation; manufacturing of new energy power equipment; battery manufacturing and sales; information consulting services; software development and sales; technology development, consulting, exchange, transfer, and promotion; sells recycle wooden wheels and industrial waste metals; production and manufacturing of high and low voltage electrical equipment and related materials; solar energy appliance accessories; manufacturing and sales of polar cable materials, equipment-grade components, thermoplastic low-smoke halogen-free flame-retardant cable materials, and radiation cross-linked cable materials; manufactures and sales of graphite, graphene, synthetic, rubber, and carbon products; operation, maintenance and technical consulting of overhead lines and substations; sales of automobiles and auto parts, and rental of owned houses and cars; sales of building materials, daily necessities, office supplies and equipment, and consumables; and sales of mechanical equipment. The company was founded in 1982 and is headquartered in Qingdao, China. Qingdao Hanhe Cable Co.,Ltd operates as a subsidiary of Qingdao Hanhe Group Co., Ltd.
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