Qingdao Hanhe Cable Adjusts Valuation Amidst Financial Performance Challenges

Qingdao Hanhe Cable Co., Ltd., a prominent player in the Electronics & Appliances sector, has recently undergone an adjustment in evaluation that reflects its current market standing. The company's valuation grade has transitioned from expensive to fair, indicating a reassessment of its financial metrics. Key financial indicators reveal a P/E ratio of 22, which positions the company within a competitive range. The Price to Book Value stands at 1.43, while the EV to EBIT and EV to EBITDA ratios are recorded at 35.73 and 25.75, respectively. Additionally, the EV to Sales ratio is noted at 1.27, suggesting a balanced approach to revenue generation relative to enterprise value. Despite these metrics, the company has faced challenges, including a negative financial performance reported for the quarter ending March 2025. The operating cash flow reached its lowest point at CNY 479.28 million, and the return on capital employed (ROCE) was recorded at 3.98%. Furthermore, the annual growth rates for net sales and operating profit have shown a decline, with net sales growing at 7.85% and operating profit decreasing at -10.83% over the past five years. This evaluation adjustment reflects the ongoing dynamics within Qingdao Hanhe Cable Co., Ltd. and its position in the market. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.