Ningbo Orient Wires & Cables stock | 2026 rating, price & analyst opinions

Ningbo Orient Wires ...

SHSE:603606

¥ 57,75

¥-0,70 (-1,20%)

57,75 ¥

¥-0,70 (-1,20%)

End-of-day quote: 03/27/2026

Ningbo Orient Wires & Cables Stock Value

The current analyst recommendation for SHSE:603606 is: Buy.

Buy

Ningbo Orient Wires & Cables Company Info

EPS Growth 5Y

1,87%

Market Cap

¥39,59 B

Long-Term Debt

¥0,51 B

Annual earnings

N/A

Dividend

¥0,44

Dividend Yield

0,77%

Founded

1998

Industry

Industrials

Country

China

Website

Ningbo Orient Wires & Cables

ISIN Number

CNE100001T23

Website

http://www.orientcable.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

¥69,01

19.5%

Last Update: 03/29/2026

Analysts: 10

Highest Price Target ¥85,00

Average Price Target ¥69,01

Lowest Price Target ¥55,00

In the last five quarters, Ningbo Orient Wires & Cables’s Price Target has risen from ¥41,97 to ¥53,75 - a 28,07% increase. Fourteen analysts predict that Ningbo Orient Wires & Cables’s share price will increase in the coming year, reaching ¥69,01. This would represent an increase of 19,50%.

Top growth stocks in the industrials sector (5Y.)

What does Ningbo Orient Wires & Cables do?

Ningbo Orient Wires & Cables Co.,Ltd. provides land and subsea cable solutions. The company has established a wholly-owned subsidiary in Rotterdam, Netherlands, to enhance its presence in Europe, and in 2024, a wholly-owned subsidiary was established in the United Kingdom to further expand into overseas markets. The company’s subsidiaries include Oriental Marine Engineering Institute (Zhejiang Ningbo); Oriental Submarine Cable Company (Zhejiang Zhoushan); Guangdong Orient Company (Guangdong Ya...

Ningbo Orient Wires & Cables Co.,Ltd. provides land and subsea cable solutions.

The company has established a wholly-owned subsidiary in Rotterdam, Netherlands, to enhance its presence in Europe, and in 2024, a wholly-owned subsidiary was established in the United Kingdom to further expand into overseas markets.

The company’s subsidiaries include Oriental Marine Engineering Institute (Zhejiang Ningbo); Oriental Submarine Cable Company (Zhejiang Zhoushan); Guangdong Orient Company (Guangdong Yangjiang); European Company (Netherlands); Bohai Orient Company (Shandong Laizhou); Fujian Dongyi Company (Fujian Fuzhou); Hong Kong Company (Hong Kong); and UK Company (United Kingdom)

Business Segments

The company operates through three primary segments: Submarine Cable Systems, Land Cable Systems, and Marine Engineering Services, each supported by dedicated manufacturing and service platforms.

Submarine Cable Systems

This segment focuses on the design, manufacturing, and installation of high-voltage and ultra-high-voltage submarine cables, serving large-scale offshore wind power, oil and gas extraction, and cross-sea power transmission projects. The company has developed proprietary technologies for 500kV AC and ±535kV DC submarine cable systems, achieving international leadership in this field. The company provides end-to-end solutions, including customized design, production, testing, integration, installation, and operation & maintenance, supporting the full lifecycle of submarine cable projects.

Land Cable Systems

This segment covers the production of high-voltage, medium-voltage, and special cables for power transmission and distribution, as well as engineering cables for construction, petrochemical, and rail transit sectors. The company has developed innovative products such as non-crosslinked environmentally friendly polypropylene cables and halogen-free low-smoke flame-retardant B1-grade cables, integrating green, safe, energy-saving, and environmentally friendly features.

Marine Engineering Services

This segment provides engineering services, including cable laying, installation, operation, and maintenance for both submarine and land cable projects. The company has established a leading marine engineering service platform and a first-class operation & maintenance team, offering full-process, multi-dimensional, and high-quality services.

Business Strategy

The company’s business strategy is centered on innovation-driven growth and the integration of advanced manufacturing with system solutions.

The company’s strategy includes the following key elements:

Technology and Market: The company accelerates the integration of marine and land cable systems, driving strategic and technological innovation to lead the ‘3+2’ market. The company targets major projects and key customers in the submarine and land cable markets, enhancing core competitiveness and market share. The company’s technology center focuses on forward-looking, strategic, and key technology breakthroughs, supporting the industrialization and demonstration of new materials and processes.

Subsidiary Management: The company standardizes subsidiary operations, establishes effective control mechanisms, and drives high-quality development through specialized teams and project-based management. The company’s subsidiaries focus on technology design, engineering construction, and operation & maintenance services, supporting the company’s leadership in high-end cable system solutions.

Products and Services

The company offers a comprehensive portfolio of products and services across the cable industry, with a focus on high-end, innovative, and integrated solutions.

Deep-Sea Umbilical and Dynamic Cable Systems: The company specializes in the development of deep-sea umbilical cables and dynamic cable systems for offshore oil and gas extraction and floating wind power projects.

Ultra-High Voltage Cable and Submarine Cable Systems: The company focuses on large-scale offshore wind power and high-capacity marine and land power transmission.

Intelligent Distribution Network and Engineering Cable Systems: The company provides intelligent distribution network cables and engineering cables for power distribution, construction, petrochemical, and rail transit sectors. The company’s products include non-crosslinked environmentally friendly polypropylene cables and halogen-free low-smoke flame-retardant B1-grade cables, integrating green, safe, energy-saving, and environmentally friendly features.

Marine and Land Engineering Services and Operation & Maintenance Systems The company offers comprehensive engineering services, including cable laying, installation, operation, and maintenance for both submarine and land cable projects. The company’s engineering service platform and operation & maintenance team provide full-process, multi-dimensional, and high-quality services, including the development and application of advanced cable joint technologies.

Geographical Markets

The company’s operations are strategically distributed across key economic regions in China and internationally.

Customers

The company serves a diverse customer base across the energy, infrastructure, and industrial sectors. The company’s main customers include power grid companies, offshore wind power developers, oil and gas companies, construction and engineering firms, and urban infrastructure developers. The company’s top five customers accounted for 35.15% of annual sales.

Intellectual Property/Patents

The company has established a comprehensive intellectual property management system, including the ‘Intellectual Property Management Manual,’ ‘Intellectual Property Reward Measures,’ ‘Technical Secret Management Measures,’ and ‘Patent Management Measures.’ The company’s intellectual property portfolio includes 169 authorized patents as of December 2024, of which 50 are invention patents (including one international patent). The company has led or participated in the formulation of over 70 national, industry, local, and group standards.

Sales and Marketing

The company’s sales and marketing strategy is based on a combination of direct sales, project-based bidding, and strategic partnerships. The company leverages its strong brand reputation, technological leadership, and comprehensive service capabilities to win major projects in the energy, infrastructure, and industrial sectors. The company’s marketing activities are supported by a network of subsidiaries and bases, enabling rapid response to customer needs and efficient resource allocation.

The company’s digital transformation initiatives, including the implementation of SAP, CRM, and other digital systems, enhance the efficiency and effectiveness of sales and marketing operations. The company’s focus on quality, innovation, and customer satisfaction underpins its marketing strategy, supporting the development of long-term customer relationships and the expansion of market share in China and internationally.

Government Regulations

The company operates in strict compliance with national laws, regulations, and industry standards, including the Company Law, Securities Law, and Listing Company Governance Guidelines.

History

Ningbo Orient Wires & Cables Co.,Ltd. was founded in 1998. The company was incorporated in 1998.

Ningbo Orient Wires & Cables Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Revenues:** 1. Energy and Power Supply: approx. 45% 2. Telecommunications: approx. 30% 3. Construction and Infrastructure: approx. 25% **TOP 3 Markets:** 1. China: approx. 60% 2. USA: approx. 20% 3. Europe: approx. 15% Ningbo Orient Wires & Cables Co., Ltd. generates the majority of...

At which locations are the company’s products manufactured?

**Production Sites:** Ningbo, China Ningbo Orient Wires & Cables Co., Ltd. mainly produces its products in Ningbo, China. The city of Ningbo is known for its strong industrial base and strategic location as a port city, providing the company with logistical advantages. The company could also ha...

What strategy does Ningbo Orient Wires & Cables pursue for future growth?

**Revenue Growth:** Estimated 10-12% annually (2025) **Focus on Internationalization:** Increase export share by 5% annually Ningbo Orient Wires & Cables Co., Ltd. is pursuing a strategy of internationalization to secure future growth. The company plans to significantly increase its export shar...

Which raw materials are imported and from which countries?

**Main raw materials:** Copper, aluminum, plastic compounds **Main importing countries:** Chile, Australia, Saudi Arabia Ningbo Orient Wires & Cables Co., Ltd. mainly imports copper and aluminum, which are essential for the production of cables and wires. Copper is predominantly imported from...

How strong is the company’s competitive advantage?

**Market Share:** 8% (estimated, 2025) **EBITDA Margin:** 18% (2024) **R&D Expenses:** 5% of revenue (2024) Ningbo Orient Wires & Cables Co., Ltd. has established itself as a significant player in the field of cable and wire production in recent years. The company's competitive adv...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 38% (2025, estimated) **Insider Buys/Sells:** No significant changes in the last year (2025, estimated) The institutional investor share in Ningbo Orient Wires & Cables Co., Ltd. is approximately 38%. This indicates a moderate interest from institutional inves...

What percentage market share does Ningbo Orient Wires & Cables have?

**Market share of Ningbo Orient Wires & Cables Co., Ltd.:** Estimated 5-7% (2025) **Top competitors and their market shares:** 1. **Prysmian Group:** 15% 2. **Nexans:** 12% 3. **Sumitomo Electric Industries:** 10% 4. **Southwire Company:** 8% 5. **NKT Cables:** 6% 6. **Ningbo Orient Wires &amp...

Is Ningbo Orient Wires & Cables stock currently a good investment?

**Revenue Growth:** 10% (2024) **Profit Growth:** 8% (2024) **Market Share in the Industry:** 12% (2024) Ningbo Orient Wires & Cables Co., Ltd. recorded solid revenue growth of 10% in 2024, attributed to strong demand for its products and effective expansion into new markets. The company has st...

Does Ningbo Orient Wires & Cables pay a dividend – and how reliable is the payout?

**Dividend Yield:** 3.5% (2025, estimated) **Dividend History:** Consistent payout over the last 5 years Ningbo Orient Wires & Cables Co., Ltd. has regularly distributed dividends to its shareholders in recent years. The dividend yield for the year 2025 is estimated to be around 3.5%, based o...

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Ningbo Orient Wires & Cables Stock Value

Ningbo Orient Wires & Cables Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Ningbo Orient Wires & Cables do?

Ningbo Orient Wires & Cables Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Ningbo Orient Wires & Cables Stock Value

Ningbo Orient Wires & Cables Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Ningbo Orient Wires & Cables do?

Ningbo Orient Wires & Cables Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.