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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Ningbo Orient Wires & Cables
Ningbo Orient Wires & Cables (603606) investor relations material
Ningbo Orient Wires & Cables Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary28 Oct, 2026
Executive summary
Q3 revenue was RMB 4.301bn, up 40.27% YoY; attributable net income was RMB 478.8m, up 8.56%.
9M revenue reached RMB 10.100bn, up 34.70%; attributable net income was RMB 1.044bn, up 14.18%.
Growth reflected higher revenue across power engineering and cable, subsea/high-voltage cable, and marine equipment and engineering services.
Financial highlights
9M operating profit was RMB 1.243bn vs. RMB 1.059bn YoY; profit before tax was RMB 1.225bn vs. RMB 1.056bn.
9M adjusted for non-recurring items, attributable net income was RMB 1.037bn, up 14.96% YoY; reported attributable net income was RMB 1.044bn.
Q3 adjusted for non-recurring items, attributable net income was RMB 477.6m, up 8.64% YoY; reported amount was RMB 478.8m, up 8.56%.
9M non-recurring gains net of tax were RMB 6.57m.
Outlook and guidance
Backlog was RMB 15.942bn as of Oct. 26, 2026: power engineering and equipment cable RMB 5.546bn; subsea/high-voltage cable RMB 7.926bn; marine equipment and services RMB 2.470bn.
Backlog execution was expected to support stable development through 2026 and 2027.
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Latest events from Ningbo Orient Wires & Cables
- Revenue up 30.85% and net profit up 19.41% year-over-year, driven by strong cable demand.603606
Q2 2026 - Q1 2026 revenue and net profit surged over 30% year-over-year, with a record order backlog.603606Q1 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
Q4 202626 Mar, 2027
Ningbo Orient Wires & Cables
Next Ningbo Orient Wires & Cables earnings date
Q4 202626 Mar, 2027
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