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Ningbo Orient Wires & Cables
Ningbo Orient Wires & Cables (603606) investor relations material
Ningbo Orient Wires & Cables Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary4 Aug, 2026
Executive summary
Revenue for H1 2026 reached RMB 5.80 billion, up 30.85% year-over-year, with net profit attributable to shareholders at RMB 565 million, up 19.41% year-over-year.
Major growth in power engineering and equipment cables (+32.73%), submarine and high-voltage cables (+20.90%), and marine equipment and engineering O&M (+83.53%).
Order backlog as of August 3, 2026, stood at RMB 17.93 billion, providing strong visibility for future growth.
Financial highlights
Operating income: RMB 5.80 billion, up 30.85% year-over-year.
Net profit attributable to shareholders: RMB 565 million, up 19.41% year-over-year.
Basic and diluted EPS: RMB 0.69, up 18.97% year-over-year.
Gross margin: 19.47% (calculated from disclosed data).
Net cash flow from operating activities: -RMB 157 million (down from +RMB 714 million in H1 2025).
Outlook and guidance
Management expects continued growth, supported by robust order backlog and ongoing delivery of major projects.
Strategic focus on high-value submarine and high-voltage cables, and expansion in international and domestic markets.
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Latest events from Ningbo Orient Wires & Cables
- Q1 2026 revenue and net profit surged over 30% year-over-year, with a record order backlog.603606
Q1 2026 - Net profit up 26.11% and sea cable revenue up 65.60% year-over-year, with robust cash flow.603606H2 2025
- Q3 net profit surged 53.12% year-over-year on robust subsea and high-voltage cable sales.603606Q3 2025
- Revenue up 8.95% but net profit down 26.57% year-over-year; order backlog robust.603606H1 2025
- Q3 revenue and profit grew sharply year-over-year, with a strong order backlog fueling future growth.603606Q3 2024
- H1 2024 revenue up 10.3%, net profit up 4.5%, orders on hand ¥8.91B.603606H1 2024
- Revenue up 63.83% year-over-year, submarine cables drive growth, order backlog at RMB 18.9B.603606Q1 2025
- Revenue up 24.38% to ¥9.09B, net profit ¥1.01B, strong land cable and global growth.603606H2 2024
Next Ningbo Orient Wires & Cables earnings date
Q3 202626 Oct, 2026
Ningbo Orient Wires & Cables
Next Ningbo Orient Wires & Cables earnings date
Q3 202626 Oct, 2026
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