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Ningbo Orient Wires & CablesLtd SHSE:603606 Stock Report

Last Price

CN¥44.10

Market Cap

CN¥30.3b

7D

-0.5%

1Y

-8.0%

Updated

27 Mar, 2024

Data

Company Financials +

Ningbo Orient Wires & Cables Co.,Ltd.

SHSE:603606 Stock Report

Market Cap: CN¥30.3b

603606 Stock Overview

Ningbo Orient Wires & Cables Co.,Ltd. provides land and subsea cable solutions in China and internationally.

603606 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends3/6

Ningbo Orient Wires & Cables Co.,Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ningbo Orient Wires & CablesLtd
Historical stock prices
Current Share PriceCN¥44.10
52 Week HighCN¥54.42
52 Week LowCN¥32.57
Beta0.099
1 Month Change15.84%
3 Month Change1.85%
1 Year Change-8.03%
3 Year Change87.90%
5 Year Change376.16%
Change since IPO1,341.75%

Recent News & Updates

Time To Worry? Analysts Are Downgrading Their Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606) Outlook

Mar 25
Time To Worry? Analysts Are Downgrading Their Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606) Outlook

Estimating The Intrinsic Value Of Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606)

Mar 15
Estimating The Intrinsic Value Of Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606)

Recent updates

Time To Worry? Analysts Are Downgrading Their Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606) Outlook

Mar 25
Time To Worry? Analysts Are Downgrading Their Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606) Outlook

Estimating The Intrinsic Value Of Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606)

Mar 15
Estimating The Intrinsic Value Of Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606)

Not Many Are Piling Into Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606) Just Yet

Feb 29
Not Many Are Piling Into Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606) Just Yet

Shareholder Returns

603606CN ElectricalCN Market
7D-0.5%-5.3%-4.9%
1Y-8.0%-21.2%-16.6%

Return vs Industry: 603606 exceeded the CN Electrical industry which returned -18.4% over the past year.

Return vs Market: 603606 exceeded the CN Market which returned -14.8% over the past year.

Price Volatility

Is 603606's price volatile compared to industry and market?
603606 volatility
603606 Average Weekly Movement7.5%
Electrical Industry Average Movement8.5%
Market Average Movement8.2%
10% most volatile stocks in CN Market11.5%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 603606 has not had significant price volatility in the past 3 months.

Volatility Over Time: 603606's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19981,350Feng Xiahttps://www.orientcable.com

Ningbo Orient Wires & Cables Co.,Ltd. provides land and subsea cable solutions in China and internationally. The company offers subsea cable systems for intercontinental power transmissions; offshore renewables, including inter array cables, export cables, and dynamic IAC; and oil and gas, such as dynamic and umbilical cables.

Ningbo Orient Wires & Cables Co.,Ltd. Fundamentals Summary

How do Ningbo Orient Wires & CablesLtd's earnings and revenue compare to its market cap?
603606 fundamental statistics
Market capCN¥30.33b
Earnings (TTM)CN¥1.00b
Revenue (TTM)CN¥7.31b

30.3x

P/E Ratio

4.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603606 income statement (TTM)
RevenueCN¥7.31b
Cost of RevenueCN¥5.48b
Gross ProfitCN¥1.83b
Other ExpensesCN¥829.51m
EarningsCN¥1.00b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.45
Gross Margin25.03%
Net Profit Margin13.68%
Debt/Equity Ratio5.6%

How did 603606 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

31%

Payout Ratio
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