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Ningbo Orient Wires & CablesLtd SHSE:603606 Stock Report

Last Price

CN¥50.42

Market Cap

CN¥34.7b

7D

4.8%

1Y

8.9%

Updated

30 Jul, 2024

Data

Company Financials +

Ningbo Orient Wires & Cables Co.,Ltd.

SHSE:603606 Stock Report

Market Cap: CN¥34.7b

603606 Stock Overview

Engages in the design, development, manufacturing, installation, and operation and maintenance of submarine and terrestrial cables in China.

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¥50.42
52 Week HighCN¥53.91
52 Week LowCN¥32.57
Beta0.071
11 Month Change3.30%
3 Month Change14.36%
1 Year Change8.88%
33 Year Change104.54%
5 Year Change389.51%
Change since IPO1,548.36%

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
7D4.8%0.3%-0.8%
1Y8.9%-22.7%-21.8%

Return vs Industry: 603606 exceeded the CN Electrical industry which returned -23% over the past year.

Return vs Market: 603606 exceeded the CN Market which returned -21.8% over the past year.

Price Volatility

Is 603606's price volatile compared to industry and market?
603606 volatility
603606 Average Weekly Movement5.2%
Electrical Industry Average Movement6.0%
Market Average Movement5.6%
10% most volatile stocks in CN Market8.9%
10% least volatile stocks in CN Market3.8%

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. engages in the design, development, manufacturing, installation, and operation and maintenance of submarine and terrestrial cables in China. The company offers subsea cable systems for island networking; offshore windpower, including array cables, send out the main cables, and wind power dynamic cables; and offshore 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¥34.67b
Earnings (TTM)CN¥1.01b
Revenue (TTM)CN¥7.18b

34.4x

P/E Ratio

4.8x

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

Aug 16, 2024

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
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