Ningbo Orient Wires & Cables Co.,Ltd.

SHSE:603606 Stock Report

Market Cap: CN¥36.3b

Ningbo Orient Wires & CablesLtd Past Earnings Performance

Past criteria checks 4/6

Ningbo Orient Wires & CablesLtd has been growing earnings at an average annual rate of 10.3%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 13.3% per year. Ningbo Orient Wires & CablesLtd's return on equity is 16.1%, and it has net margins of 12.8%.

Key information

10.3%

Earnings growth rate

9.0%

EPS growth rate

Electrical Industry Growth14.0%
Revenue growth rate13.3%
Return on equity16.1%
Net Margin12.8%
Next Earnings Update27 Mar 2025

Recent past performance updates

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

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

Revenue & Expenses Breakdown

How Ningbo Orient Wires & CablesLtd makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:603606 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 248,6591,110466316
30 Jun 247,6901,028320283
31 Mar 247,1831,008330273
31 Dec 237,3101,000402270
30 Sep 236,694928283240
30 Jun 236,838936352239
31 Mar 236,631819305231
31 Dec 227,009842319238
30 Sep 227,824964351265
30 Jun 228,4051,074378277
31 Mar 228,3021,189420273
31 Dec 217,9321,189367266
30 Sep 217,3031,235348258
30 Jun 216,3171,159358227
31 Mar 215,8271,085361212
31 Dec 205,052887350187
30 Sep 204,644763353159
30 Jun 204,322637294146
31 Mar 203,756483256124
31 Dec 193,690452243128
30 Sep 193,403359221123
30 Jun 193,128295184111
31 Mar 193,049201177105
31 Dec 183,024171169101
30 Sep 182,65212916090
30 Jun 182,43978109113
31 Mar 182,2826311489
31 Dec 172,0625011966
30 Sep 172,2006211442
30 Jun 172,018591680
31 Mar 171,780531590
31 Dec 161,742521540
30 Sep 161,573461520
30 Jun 161,685491340
31 Mar 161,764501210
31 Dec 151,822501210
30 Sep 151,881581160
30 Jun 151,785621210
31 Mar 151,664651040
31 Dec 141,593651030
30 Sep 141,541641000
31 Dec 131,334631010

Quality Earnings: 603606 has high quality earnings.

Growing Profit Margin: 603606's current net profit margins (12.8%) are lower than last year (13.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 603606's earnings have grown by 10.3% per year over the past 5 years.

Accelerating Growth: 603606's earnings growth over the past year (19.7%) exceeds its 5-year average (10.3% per year).

Earnings vs Industry: 603606 earnings growth over the past year (19.7%) exceeded the Electrical industry 1.1%.


Return on Equity

High ROE: 603606's Return on Equity (16.1%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 12:44
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.