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Ningbo Orient Wires & CablesLtd SHSE:603606 Stock Report

Last Price

CN¥48.48

Market Cap

CN¥33.3b

7D

0.1%

1Y

19.7%

Updated

16 Aug, 2024

Data

Company Financials +

Ningbo Orient Wires & Cables Co.,Ltd.

SHSE:603606 Stock Report

Market Cap: CN¥33.3b

603606 Stock Overview

Provides land and subsea cable solutions in China and internationally.

603606 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance3/6
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¥48.48
52 Week HighCN¥53.91
52 Week LowCN¥32.57
Beta0.071
11 Month Change4.53%
3 Month Change2.06%
1 Year Change19.70%
33 Year Change108.52%
5 Year Change334.02%
Change since IPO1,484.94%

Recent News & Updates

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

Recent updates

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
7D0.1%-0.4%-0.3%
1Y19.7%-22.4%-18.1%

Return vs Industry: 603606 exceeded the CN Electrical industry which returned -22.3% over the past year.

Return vs Market: 603606 exceeded the CN Market which returned -19% over the past year.

Price Volatility

Is 603606's price volatile compared to industry and market?
603606 volatility
603606 Average Weekly Movement5.0%
Electrical Industry Average Movement5.9%
Market Average Movement5.6%
10% most volatile stocks in CN Market8.9%
10% least volatile stocks in CN Market3.7%

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

Volatility Over Time: 603606's weekly volatility (5%) 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¥33.34b
Earnings (TTM)CN¥1.03b
Revenue (TTM)CN¥7.69b

32.4x

P/E Ratio

4.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603606 income statement (TTM)
RevenueCN¥7.69b
Cost of RevenueCN¥5.99b
Gross ProfitCN¥1.70b
Other ExpensesCN¥675.28m
EarningsCN¥1.03b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.49
Gross Margin22.14%
Net Profit Margin13.36%
Debt/Equity Ratio14.9%

How did 603606 perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

30%

Payout Ratio
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