Ningbo Orient Wires and Cables Co Ltd (603606) - Total Assets
Based on the latest financial reports, Ningbo Orient Wires and Cables Co Ltd (603606) holds total assets worth CN¥16.19 Billion CNY (≈ $2.37 Billion USD) as of March 2026. 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. Check how aggressively does Ningbo Orient Wires and Cables Co Ltd reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Ningbo Orient Wires and Cables Co Ltd - Total Assets Trend (2011–2025)
This chart illustrates how Ningbo Orient Wires and Cables Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore investment intensity of Ningbo Orient Wires and Cables Co Ltd to see how much of total assets are deployed in long-term investments.
Ningbo Orient Wires and Cables Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Ningbo Orient Wires and Cables Co Ltd's total assets of CN¥16.19 Billion consist of 73.1% current assets and 26.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 19.5% |
| Accounts Receivable | CN¥3.92 Billion | 25.1% |
| Inventory | CN¥3.95 Billion | 25.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥414.56 Million | 2.7% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2025)
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. For live market cap, price, and company overview, see Ningbo Orient Wires and Cables Co Ltd (603606) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ningbo Orient Wires and Cables Co Ltd's current assets represent 73.1% of total assets in 2025, an increase from 68.8% in 2011.
- Cash Position: Cash and equivalents constituted 19.5% of total assets in 2025, up from 16.7% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 25.3% 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 |
|---|---|---|
|
China XD Electric Co Ltd
SHG:601179
|
China | CN¥48.15 Billion |
|
Tongling Jingd
SHG:600577
|
China | CN¥15.66 Billion |
|
Ningbo Sanxing Medical Electric Co Ltd
SHG:601567
|
China | CN¥24.16 Billion |
|
Dongguan Aohai Technology Co
SHE:002993
|
China | CN¥10.58 Billion |
|
Ls Cable & System Asia Ltd
KO:229640
|
Korea | ₩533.17 Billion |
|
Shanghai Zhezhong Construction Co Ltd
SHE:002346
|
China | CN¥4.23 Billion |
|
Motic Xiamen Electric Group Co Ltd
SHE:300341
|
China | CN¥2.72 Billion |
|
Ballard Power Systems Inc
TO:BLDP
|
Canada | CA$710.46 Million |
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 | 1.69 | 2.02 | 2.23 |
| Quick Ratio | 1.07 | 1.49 | 1.65 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥4.88 Billion | CN¥4.38 Billion | CN¥2.80 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 | 4.99 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | 28.3% |
| Total Assets | CN¥15.62 Billion |
| Market Capitalization | $4.02 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Orient Wires and Cables Co Ltd's assets below their book value (0.26x), 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 28.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ningbo Orient Wires and Cables Co Ltd (2011–2025)
The table below shows the annual total assets of Ningbo Orient Wires and Cables Co Ltd from 2011 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥15.62 Billion ≈ $2.29 Billion |
+28.28% |
| 2024-12-31 | CN¥12.17 Billion ≈ $1.78 Billion |
+14.42% |
| 2023-12-31 | CN¥10.64 Billion ≈ $1.56 Billion |
+15.80% |
| 2022-12-31 | CN¥9.19 Billion ≈ $1.34 Billion |
+9.59% |
| 2021-12-31 | CN¥8.38 Billion ≈ $1.23 Billion |
+37.62% |
| 2020-12-31 | CN¥6.09 Billion ≈ $891.45 Million |
+54.50% |
| 2019-12-31 | CN¥3.94 Billion ≈ $577.00 Million |
+15.54% |
| 2018-12-31 | CN¥3.41 Billion ≈ $499.41 Million |
+15.45% |
| 2017-12-31 | CN¥2.96 Billion ≈ $432.57 Million |
+43.66% |
| 2016-12-31 | CN¥2.06 Billion ≈ $301.11 Million |
+17.97% |
| 2015-12-31 | CN¥1.74 Billion ≈ $255.24 Million |
+6.06% |
| 2014-12-31 | CN¥1.64 Billion ≈ $240.65 Million |
+17.14% |
| 2013-12-31 | CN¥1.40 Billion ≈ $205.43 Million |
+8.00% |
| 2012-12-31 | CN¥1.30 Billion ≈ $190.21 Million |
+18.37% |
| 2011-12-31 | CN¥1.10 Billion ≈ $160.70 Million |
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About Ningbo Orient Wires and Cables Co Ltd
Ningbo Orient Wires & Cables Co.,Ltd. engages in the research, development, manufacturing, and sale of various submarine and terrestrial cable products in China and internationally. The company offers power engineering and equipment cables for smart power transmission and distribution network, smart buildings and homes, rail transit, equipment power consumption, and green petrochemicals; and subm… Read more