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Ningbo Orient Wires & CablesLtd SHSE:603606 Stock Report

Last Price

CN¥52.68

Market Cap

CN¥36.2b

7D

-1.6%

1Y

23.2%

Updated

27 Dec, 2024

Data

Company Financials +

Ningbo Orient Wires & Cables Co.,Ltd.

SHSE:603606 Stock Report

Market Cap: CN¥36.2b

My Notes

Capture your thoughts, links and company narrative

Ningbo Orient Wires & Cables Co.,Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ningbo Orient Wires & CablesLtd
Historical stock prices
Current Share PriceCN¥52.68
52 Week HighCN¥61.18
52 Week LowCN¥32.88
Beta0.12
1 Month Change-7.58%
3 Month Change4.81%
1 Year Change23.23%
3 Year Change2.97%
5 Year Change362.11%
Change since IPO1,622.25%

Recent News & Updates

Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606) Screens Well But There Might Be A Catch

Dec 17
Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606) Screens Well But There Might Be A Catch

We Think Ningbo Orient Wires & CablesLtd (SHSE:603606) Can Stay On Top Of Its Debt

Nov 11
We Think Ningbo Orient Wires & CablesLtd (SHSE:603606) Can Stay On Top Of Its Debt

Recent updates

Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606) Screens Well But There Might Be A Catch

Dec 17
Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606) Screens Well But There Might Be A Catch

We Think Ningbo Orient Wires & CablesLtd (SHSE:603606) Can Stay On Top Of Its Debt

Nov 11
We Think Ningbo Orient Wires & CablesLtd (SHSE:603606) Can Stay On Top Of Its Debt

Be Wary Of Ningbo Orient Wires & CablesLtd (SHSE:603606) And Its Returns On Capital

Sep 03
Be Wary Of Ningbo Orient Wires & CablesLtd (SHSE:603606) And Its Returns On Capital

Ningbo Orient Wires & CablesLtd (SHSE:603606) Has A Pretty Healthy Balance Sheet

Jul 13
Ningbo Orient Wires & CablesLtd (SHSE:603606) Has A Pretty Healthy Balance Sheet

Ningbo Orient Wires & CablesLtd's (SHSE:603606) Earnings Are Weaker Than They Seem

May 03
Ningbo Orient Wires & CablesLtd's (SHSE:603606) Earnings Are Weaker Than They Seem

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-1.6%-0.2%-0.5%
1Y23.2%18.3%9.2%

Return vs Industry: 603606 exceeded the CN Electrical industry which returned 18.3% over the past year.

Return vs Market: 603606 exceeded the CN Market which returned 9.2% over the past year.

Price Volatility

Is 603606's price volatile compared to industry and market?
603606 volatility
603606 Average Weekly Movement6.2%
Electrical Industry Average Movement9.2%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.7%

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

Volatility Over Time: 603606's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19981,350Feng Xiawww.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; inter array cables, export cables, and dynamic IAC products for offshore renewables; and dynamic and umbilical cables for oil and gas sector.

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¥36.17b
Earnings (TTM)CN¥1.11b
Revenue (TTM)CN¥8.66b

32.6x

P/E Ratio

4.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603606 income statement (TTM)
RevenueCN¥8.66b
Cost of RevenueCN¥6.75b
Gross ProfitCN¥1.91b
Other ExpensesCN¥800.90m
EarningsCN¥1.11b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 27, 2025

Earnings per share (EPS)1.62
Gross Margin22.07%
Net Profit Margin12.82%
Debt/Equity Ratio16.2%

How did 603606 perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

28%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 21:58
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ningbo Orient Wires & Cables Co.,Ltd. is covered by 26 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Weizhi YuanChasing Securities
Ran ZhouChina Galaxy Securities Co., Ltd.
Lin HuangChina Galaxy Securities Co., Ltd.