Ningbo Orient Wires and Cables Co Ltd (603606) - Total Assets

Latest as of March 2026: CN¥16.19 Billion CNY ≈ $2.37 Billion USD

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

SHG:603606 China Electrical Equipment & Parts
Market Cap
$4.02 Billion
CN¥27.46 Billion CNY
Market Cap Rank
#4184 Global
#689 in China
Share Price
CN¥39.93
Change (1 day)
-2.30%
52-Week Range
CN¥37.59 - CN¥72.49
All Time High
CN¥86.37
About

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