Ningbo Orient Wires and Cables Co Ltd
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 AC subsea cables, export cables, and dynamic IAC products for offshore renewables; and dynamic and umbilical cables for oil and gas sector. It also provides land cable systems for smart grids, sma… Read more
Ningbo Orient Wires and Cables Co Ltd (603606) - Total Assets
Latest total assets as of September 2025: CN¥13.97 Billion CNY
Based on the latest financial reports, Ningbo Orient Wires and Cables Co Ltd (603606) holds total assets worth CN¥13.97 Billion CNY as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Ningbo Orient Wires and Cables Co Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Ningbo Orient Wires and Cables Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ningbo Orient Wires and Cables Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningbo Orient Wires and Cables Co Ltd's total assets of CN¥13.97 Billion consist of 70.0% current assets and 30.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 23.5% |
| Accounts Receivable | CN¥3.59 Billion | 29.5% |
| Inventory | CN¥1.83 Billion | 15.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥423.64 Million | 3.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Ningbo Orient Wires and Cables Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ningbo Orient Wires and Cables Co Ltd's current assets represent 70.0% of total assets in 2024, an increase from 68.8% in 2011.
- Cash Position: Cash and equivalents constituted 23.5% of total assets in 2024, up from 16.7% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 2.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 29.5% of total assets.
Ningbo Orient Wires and Cables Co Ltd Competitors by Total Assets
Key competitors of Ningbo Orient Wires and Cables Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Ningbo Orient Wires and Cables Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Ningbo Orient Wires and Cables Co Ltd generates 0.75x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Ningbo Orient Wires and Cables Co Ltd generates $8.28 in net profit.
Ningbo Orient Wires and Cables Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.86 | 2.10 | 2.16 |
| Quick Ratio | 1.19 | 1.68 | 1.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥4.65 Billion | CN¥ 4.65 Billion | CN¥ 2.52 Billion |
Ningbo Orient Wires and Cables Co Ltd - Advanced Valuation Insights
This section examines the relationship between Ningbo Orient Wires and Cables Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.03 |
| Latest Market Cap to Assets Ratio | 0.30 |
| Asset Growth Rate (YoY) | 14.4% |
| Total Assets | CN¥12.17 Billion |
| Market Capitalization | $3.61 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Orient Wires and Cables Co Ltd's assets below their book value (0.30 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ningbo Orient Wires and Cables Co Ltd's assets grew by 14.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ningbo Orient Wires and Cables Co Ltd (2011–2024)
The table below shows the annual total assets of Ningbo Orient Wires and Cables Co Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥12.17 Billion | +14.42% |
| 2023-12-31 | CN¥10.64 Billion | +15.80% |
| 2022-12-31 | CN¥9.19 Billion | +9.59% |
| 2021-12-31 | CN¥8.38 Billion | +37.62% |
| 2020-12-31 | CN¥6.09 Billion | +54.50% |
| 2019-12-31 | CN¥3.94 Billion | +15.54% |
| 2018-12-31 | CN¥3.41 Billion | +15.45% |
| 2017-12-31 | CN¥2.96 Billion | +43.66% |
| 2016-12-31 | CN¥2.06 Billion | +17.97% |
| 2015-12-31 | CN¥1.74 Billion | +6.06% |
| 2014-12-31 | CN¥1.64 Billion | +17.14% |
| 2013-12-31 | CN¥1.40 Billion | +8.00% |
| 2012-12-31 | CN¥1.30 Billion | +18.37% |
| 2011-12-31 | CN¥1.10 Billion | -- |