Company Encyclopedia
View More
name
TongDa Cable
002560.SZ
Henan Tong-Da Cable Co., Ltd. researches, develops, and produces wires and cables in the People’s Republic of China. It offers bare conductor; steel core aluminum stranded wire series and aluminum alloy stranded wire series for UHV and EHV, contact wires and catenary wire series for electrified railways and urban rail transit; power cables, including power cables for urban distribution networks, overhead insulated cables, control cables, flame-retardant long-life wiring cables, etc.; and new energy cables, including cables for photovoltaic power generation systems, cables for wind power generation systems, and cables for new energy vehicles and power storage systems, as well as other cables, including fireproof cables, ultra-high voltage power cables, special cables for shield machines, frequency conversion cables, coaxial and co-core cables, compensation conductors and high temperature resistant wires, DC cables for rail transit, and other products. The company is also involved in aircraft parts precision processing and assembly and aluminum-based composite new materials business.
5.616 T
002560.SZMarket value -Rank by Market Cap -/-

Financial Score

05/12/2025 Update
B
Electrical Components and EquipmentIndustry
Industry Ranking97/259
Industry medianC
Industry averageC
Score Analysis
Peer Comparison
  • Criteria
    Rating
  • Profit ScoreD
    • ROE3.21%C
    • Profit Margin1.07%C
    • Gross Margin7.80%E
  • Growth ScoreA
    • Revenue YoY34.04%A
    • Net Profit YoY91.24%A
    • Total Assets YoY10.55%B
    • Net Assets YoY1.84%C
  • Cash ScoreA
    • Cash Flow Margin9311.95%A
    • OCF YoY34.04%A
  • Operating ScoreA
    • Turnover1.55A
  • Debt ScoreC
    • Gearing Ratio48.83%C

Valuation analysis

portai
P/E
1Y
3Y
5Y
10Y
P/E
-
Industry Ranking
-/-
  • P/E
  • Price
  • High
  • Median
  • Low
P/B
1Y
3Y
5Y
10Y
P/B
-
Industry Ranking
-/-
  • P/B
  • Price
  • High
  • Median
  • Low
P/S
1Y
3Y
5Y
10Y
P/S
-
Industry Ranking
-/-
  • P/S
  • Price
  • High
  • Median
  • Low
Dividend Yield
1Y
3Y
5Y
10Y
Dividend Yield
-
Industry Ranking
-/-
  • Dividend Yield
  • Price
  • High
  • Median
  • Low

Institutional View & Shareholder

Analyst Ratings

Rating
Percentage
    • Price
      --
    • Highest
      --
    • Lowest
      --
    News
    View More

    TongDa Cable is expected to win a bid for a 133 million yuan State Grid project

    According to the announcement from TongDa Cable, as per the "Announcement of Recommended Bidders for the 65th Batch of Procurement by State Grid Corporation of China (Fifth Bidding for Transmission and Transformation Project Line Installation Materials)," the total value of the materials the company is expected to win the bid for is approximately 133 million yuan. The announcement period starts on November 3, 2025, and lasts for 3 days

    Zhitong·
    SZ
    002560
    +5.88%
    Zhitong·
    SZ
    002560
    +5.88%

    TongDa Cable: The actual controller Shi Wanfu has reduced his holdings by 1%

    TongDa Cable announced that the controlling shareholder and actual controller Shi Wanfu reduced his holdings in the company by 5.2574 million shares through centralized bidding on October 17, 2025, accounting for 1% of the company's total share capital. His and his concerted parties' total shareholding ratio decreased from 22.37% to 21.37%. This reduction is in line with the reduction plan disclosed on August 5, 2025, which involves a reduction of "up to 3.00%, 15,714,982 shares." As of now, this plan has not yet been fully implemented

    Zhitong·
    SZ
    002560
    +5.88%
    Zhitong·
    SZ
    002560
    +5.88%

    The power grid equipment sector surged in the afternoon, with Jinpan Smart Technology hitting a new high during the session

    The power grid equipment sector surged in the afternoon, with Jinpan Smart Technology hitting a new high during the session. TongDa Cable, Hesun Electric, and SIFANG all reached their daily limit up, while New Special Electric rose over 10%. Zhongchen Co., Baiyun Electric, Liangxin Co., Mingyang Electric, and Kerun Intelligent Control also followed suit

    Zhitong·
    SZ
    002560
    +5.88%
    SH
    688676
    +3.55%
    SH
    601126
    +6.66%
    Zhitong·
    SZ
    002560
    +5.88%
    SH
    688676
    +3.55%
    SH
    601126
    +6.66%

    TongDa Cable issued a profit forecast, expecting the net profit attributable to the parent company for the first three quarters to be between 108 million yuan and 152 million yuan, an increase of 50.01% to 111.12%

    TongDa Cable expects the net profit attributable to shareholders for the first three quarters of 2025 to be between 108 million yuan and 152 million yuan, a year-on-year increase of 50.01% to 111.12%. The net profit after deducting non-recurring gains and losses is expected to be between 105 million yuan and 150 million yuan, a year-on-year increase of 61.49% to 130.70%. Its subsidiary Chengdu Hangfei Aviation Machinery Equipment Manufacturing Co., Ltd. has sufficient orders, and the delivery volume has significantly increased, driving a dual rebound in operating revenue and profit margins

    Zhitong·
    SZ
    002560
    +5.88%
    Zhitong·
    SZ
    002560
    +5.88%

    The actual controller of TongDa Cable plans to reduce its holdings by no more than 3%

    According to the Zhitong Finance APP, TongDa Cable announced that Mr. Shi Wanfu, a shareholder holding 8.32%, is the company's controlling shareholder and actual controller. He plans to reduce his holdings of the company's shares by no more than 15.715 million shares, accounting for 3% of the company's total share capital, through centralized bidding, block trading, or other legal methods within three months after the announcement date (from August 27, 2025, to November 26, 2025)

    Zhitong·
    SZ
    002560
    +5.88%
    Zhitong·
    SZ
    002560
    +5.88%
    © 2025 Longbridge｜Disclaimer