company background image
603606 logo

Ningbo Orient Wires & CablesLtd SHSE:603606 Stock Report

Last Price

CN¥49.58

Market Cap

CN¥34.1b

7D

3.1%

1Y

-1.0%

Updated

04 Jun, 2024

Data

Company Financials +

Ningbo Orient Wires & Cables Co.,Ltd.

SHSE:603606 Stock Report

Market Cap: CN¥34.1b

603606 Stock Overview

Provides land and subsea cable solutions in China and internationally.

603606 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance5/6
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¥49.58
52 Week HighCN¥52.85
52 Week LowCN¥32.57
Beta0.10
1 Month Change12.45%
3 Month Change17.91%
1 Year Change-1.04%
3 Year Change155.17%
5 Year Change477.86%
Change since IPO1,520.90%

Recent News & 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

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

Recent 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

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
7D3.1%1.4%-0.4%
1Y-1.0%-11.6%-11.1%

Return vs Industry: 603606 exceeded the CN Electrical industry which returned -14.4% over the past year.

Return vs Market: 603606 exceeded the CN Market which returned -13% over the past year.

Price Volatility

Is 603606's price volatile compared to industry and market?
603606 volatility
603606 Average Weekly Movement6.6%
Electrical Industry Average Movement7.2%
Market Average Movement6.6%
10% most volatile stocks in CN Market9.9%
10% least volatile stocks in CN Market4.1%

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 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; 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¥34.10b
Earnings (TTM)CN¥1.01b
Revenue (TTM)CN¥7.18b

33.8x

P/E Ratio

4.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603606 income statement (TTM)
RevenueCN¥7.18b
Cost of RevenueCN¥5.51b
Gross ProfitCN¥1.68b
Other ExpensesCN¥668.18m
EarningsCN¥1.01b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.47
Gross Margin23.33%
Net Profit Margin14.03%
Debt/Equity Ratio17.4%

How did 603606 perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

31%

Payout Ratio

Does 603606 pay a reliable dividends?

See 603606 dividend history and benchmarks
When do you need to buy 603606 by to receive an upcoming dividend?
Ningbo Orient Wires & CablesLtd dividend dates
Ex Dividend DateJun 07 2024
Dividend Pay DateJun 07 2024
Days until Ex dividend2 days
Days until Dividend pay date2 days

Does 603606 pay a reliable dividends?

See 603606 dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.