Ningbo Orient Wires & Cables Co.,Ltd.

Ningbo Orient Wires & Cables Co.,Ltd.verified

603606.SS

Price:

$50.19

Market Cap:

$34.42B

Ningbo Orient Wires & Cables Co.,Ltd. designs, manufactures, installs, and services land and submarine cables worldwide. It offers AC and DC subsea, umbilical, dynamic subsea, dynamic, high and medium voltage, low voltage power, overhead insulated, aerial parallel cluster insulated, overhead line, coaxial, telecommunication and network, OPMC fiber composite medium voltage, instrumentation, low smoke, halogen-free flame retardant, fire-resistant, optical fiber composite medium voltage cable, control, variable frequency, charging pile, nuclear power plant, essential lysa-safe, and flexible mineral insulated fire proof cables, as well as cables for special purposes. The company also provides fl...[Read more]

Industry

Electrical Equipment & Parts

IPO Date

2014-11-25

Stock Exchange

SHH

Ticker

603606.SS

The Current Ratio as of July 2025 (TTM) for Ningbo Orient Wires & Cables Co.,Ltd. (603606.SS) is 2.02

According to Ningbo Orient Wires & Cables Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.02. This represents a change of -3.67% compared to the average of 2.09 of the last 4 quarters.

Ningbo Orient Wires & Cables Co.,Ltd. (603606.SS) Historical Current Ratio (quarterly & annually)

How has 603606.SS Current Ratio performed in the past?

The mean historical Current Ratio of Ningbo Orient Wires & Cables Co.,Ltd. over the last ten years is 1.86. The current 2.02 Current Ratio has changed 10.76% with respect to the historical average. Over the past ten years (40 quarters), 603606.SS's Current Ratio was at its highest in in the September 2022 quarter at 3.06. The Current Ratio was at its lowest in in the September 2017 quarter at 1.20.

Quarterly (TTM)
Annual

Average

1.86

Median

1.78

Minimum

1.29

Maximum

2.80

Ningbo Orient Wires & Cables Co.,Ltd. (603606.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ningbo Orient Wires & Cables Co.,Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 50.95%

Maximum Annual Current Ratio = 2.80

Minimum Annual Increase = -25.60%

Minimum Annual Current Ratio = 1.29

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.84-11.83%
20232.08-25.60%
20222.8050.95%
20211.85-14.19%
20202.1627.47%
20191.702.12%
20181.66-3.57%
20171.7233.51%
20161.29-11.09%
20151.45-1.98%

Ningbo Orient Wires & Cables Co.,Ltd. (603606.SS) Average Current Ratio

How has 603606.SS Current Ratio performed in the past?

The current Current Ratio of Ningbo Orient Wires & Cables Co.,Ltd. (603606.SS) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

2.24

5-year avg

2.15

10-year avg

1.86

Ningbo Orient Wires & Cables Co.,Ltd. (603606.SS) Current Ratio vs. Peers

How is 603606.SS’s Current Ratio compared to its peers?

Ningbo Orient Wires & Cables Co.,Ltd.’s Current Ratio is greater than Xinjiang Goldwind Science & Technology Co., Ltd. (1.02), greater than LONGi Green Energy Technology Co., Ltd. (1.60), greater than Ming Yang Smart Energy Group Limited (1.27), greater than Yunnan Energy New Material Co., Ltd. (1.05), less than NARI Technology Co., Ltd. (2.06),

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