Ningbo Orient Wires & CablesLtd Future Growth

Future criteria checks 5/6

Ningbo Orient Wires & CablesLtd is forecast to grow earnings and revenue by 31.6% and 16.1% per annum respectively. EPS is expected to grow by 31.7% per annum. Return on equity is forecast to be 21.7% in 3 years.

Key information

31.6%

Earnings growth rate

31.7%

EPS growth rate

Electrical earnings growth	26.4%
Revenue growth rate	16.1%
Future return on equity	21.7%
Analyst coverage	Good
Last updated	24 Nov 2024

Recent future growth updates

Recent updates

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

Nov 11

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

Sep 03

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

Jul 13

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

May 03

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

Mar 25

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

Mar 15

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

Feb 29

Earnings and Revenue Growth Forecasts

SHSE:603606 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	12,972	2,219	935	1,932	15
12/31/2025	11,307	1,879	1,031	1,578	17
12/31/2024	8,682	1,234	890	1,231	14
9/30/2024	8,659	1,110	841	1,404	N/A
6/30/2024	7,690	1,028	1,000	1,567	N/A
3/31/2024	7,183	1,008	926	1,521	N/A
12/31/2023	7,310	1,000	528	1,190	N/A
9/30/2023	6,694	928	771	1,521	N/A
6/30/2023	6,838	936	596	1,253	N/A
3/31/2023	6,631	819	611	1,164	N/A
12/31/2022	7,009	842	203	647	N/A
9/30/2022	7,824	964	-489	-46	N/A
6/30/2022	8,405	1,074	-212	263	N/A
3/31/2022	8,302	1,189	-863	-274	N/A
12/31/2021	7,932	1,189	-122	586	N/A
9/30/2021	7,303	1,235	-733	-30	N/A
6/30/2021	6,317	1,159	-637	32	N/A
3/31/2021	5,827	1,085	445	1,069	N/A
12/31/2020	5,052	887	203	694	N/A
9/30/2020	4,644	763	756	1,224	N/A
6/30/2020	4,322	637	826	1,275	N/A
3/31/2020	3,756	483	251	596	N/A
12/31/2019	3,690	452	364	672	N/A
9/30/2019	3,403	359	322	469	N/A
6/30/2019	3,128	295	208	317	N/A
3/31/2019	3,049	201	177	326	N/A
12/31/2018	3,024	171	376	496	N/A
9/30/2018	2,652	129	-117	44	N/A
6/30/2018	2,439	78	N/A	-113	N/A
3/31/2018	2,282	63	N/A	-384	N/A
12/31/2017	2,062	50	N/A	-671	N/A
9/30/2017	2,200	62	N/A	-416	N/A
6/30/2017	2,018	59	N/A	-265	N/A
3/31/2017	1,780	53	N/A	-91	N/A
12/31/2016	1,742	52	N/A	160	N/A
9/30/2016	1,573	46	N/A	266	N/A
6/30/2016	1,685	49	N/A	296	N/A
3/31/2016	1,764	50	N/A	145	N/A
12/31/2015	1,822	50	N/A	126	N/A
9/30/2015	1,881	58	N/A	-45	N/A
6/30/2015	1,785	62	N/A	-76	N/A
3/31/2015	1,664	65	N/A	70	N/A
12/31/2014	1,593	65	N/A	205	N/A
9/30/2014	1,541	64	N/A	63	N/A
12/31/2013	1,334	63	N/A	-33	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603606's forecast earnings growth (31.6% per year) is above the savings rate (2.8%).

Earnings vs Market: 603606's earnings (31.6% per year) are forecast to grow faster than the CN market (26.1% per year).

High Growth Earnings: 603606's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 603606's revenue (16.1% per year) is forecast to grow faster than the CN market (13.8% per year).

High Growth Revenue: 603606's revenue (16.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 603606's Return on Equity is forecast to be high in 3 years time (21.7%)

Ningbo Orient Wires & CablesLtd Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Price target increased by 7.0% to CN¥60.79

Consensus revenue estimates fall by 15%

Consensus revenue estimates fall by 14%

Price target decreased by 9.1% to CN¥59.31

Price target decreased by 8.5% to CN¥65.22

Price target decreased by 9.4% to CN¥71.25

Recent updates

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

Price target increased by 7.0% to CN¥60.79

Third quarter 2024 earnings released: EPS: CN¥0.42 (vs CN¥0.30 in 3Q 2023)

Investor sentiment improves as stock rises 17%

Ningbo Orient Wires & Cables Co.,Ltd. to Report Q3, 2024 Results on Oct 24, 2024

Investor sentiment improves as stock rises 22%

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

Second quarter 2024 earnings released: EPS: CN¥0.56 (vs CN¥0.53 in 2Q 2023)

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

Ningbo Orient Wires & Cables Co.,Ltd. to Report First Half, 2024 Results on Aug 16, 2024

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

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Ningbo Orient Wires & Cables Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024

Consensus revenue estimates fall by 15%

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

Ningbo Orient Wires & Cables Co.,Ltd., Annual General Meeting, Apr 11, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

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

Investor sentiment improves as stock rises 16%

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

Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606) announces an Equity Buyback for CNY 200 million worth of its shares.

Ningbo Orient Wires & Cables Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 21, 2024

New minor risk - Share price stability

Consensus revenue estimates fall by 14%

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Ningbo Orient Wires & Cables Co.,Ltd. to Report Q3, 2023 Results on Oct 26, 2023

Investor sentiment improves as stock rises 17%

Price target decreased by 9.1% to CN¥59.31

Price target decreased by 8.5% to CN¥65.22

Now 23% undervalued after recent price drop

Second quarter 2023 earnings released: EPS: CN¥0.53 (vs CN¥0.36 in 2Q 2022)

Ningbo Orient Wires & Cables Co.,Ltd. to Report First Half, 2023 Results on Aug 31, 2023

Investor sentiment improves as stock rises 16%

Price target decreased by 9.4% to CN¥71.25

Now 21% undervalued after recent price drop

Consensus revenue estimates fall by 10%

Price target decreased by 7.9% to CN¥87.93

Full year 2022 earnings: EPS and revenues miss analyst expectations

Consensus revenue estimates fall by 11%

Third quarter 2022 earnings released: EPS: CN¥0.31 (vs CN¥0.50 in 3Q 2021)

Now 21% undervalued after recent price drop

Now 23% undervalued

Investor sentiment improved over the past week

Now 21% undervalued

Price target increased to CN¥85.58

Second quarter 2022 earnings released: EPS: CN¥0.36 (vs CN¥0.55 in 2Q 2021)

Now 22% undervalued

Investor sentiment improved over the past week

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improved over the past week

Now 23% undervalued

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.50 (vs CN¥0.38 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.55 (vs CN¥0.45 in 2Q 2020)

Investor sentiment deteriorated over the past week

First quarter 2021 earnings released: EPS CN¥0.42 (vs CN¥0.12 in 1Q 2020)

Full year 2020 earnings released: EPS CN¥1.36 (vs CN¥0.69 in FY 2019)

New 90-day low: CN¥21.00

Ningbo Orient Wires & Cables Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 27, 2021

New 90-day high: CN¥26.88

Investor sentiment improved over the past week

New 90-day low: CN¥20.38

Third quarter earnings released

Third quarter earnings released

Market pulls back on stock over the past week