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Ningbo Orient Wires & Cables
Ningbo Orient Wires & Cables (603606) investor relations material
Ningbo Orient Wires & Cables Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary22 Apr, 2026
Executive summary
Achieved revenue of RMB 2.88 billion in Q1 2026, up 34.28% year-over-year, driven by strong order deliveries and growth across all product lines.
Net profit attributable to shareholders reached RMB 371.54 million, a 32.26% increase year-over-year.
Significant market expansion in power engineering, offshore wind, and marine oil & gas, with major project wins and a robust order backlog of RMB 18.41 billion as of April 21, 2026.
Financial highlights
Operating income: RMB 2.88 billion, up 34.28% year-over-year.
Net profit attributable to shareholders: RMB 371.54 million, up 32.26% year-over-year.
Basic and diluted EPS: RMB 0.54, up from RMB 0.41 year-over-year.
Operating cash flow: -RMB 972.66 million, a significant outflow compared to -RMB 431.72 million in Q1 2025.
Total assets: RMB 16.19 billion, up 4.19% from year-end 2025.
Shareholders’ equity: RMB 8.51 billion, up 2.69% from year-end 2025.
Outlook and guidance
Continued focus on innovation, management improvement, and green development to support sustainable, high-quality growth.
Ongoing execution of the “15th Five-Year Plan” and 2026 development strategy.
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Latest events from Ningbo Orient Wires & Cables
- Net profit up 26.11% and sea cable revenue up 65.60% year-over-year, with robust cash flow.603606
H2 202528 Mar 2026 - Revenue up 24.38% to ¥9.09B, net profit ¥1.01B, strong land cable and global growth.603606H2 202424 Dec 2025
- Q3 net profit surged 53.12% year-over-year on robust subsea and high-voltage cable sales.603606Q3 202525 Oct 2025
- Revenue up 8.95% but net profit down 26.57% year-over-year; order backlog robust.603606H1 202515 Aug 2025
- Q3 revenue and profit grew sharply year-over-year, with a strong order backlog fueling future growth.603606Q3 202413 Jun 2025
- H1 2024 revenue up 10.3%, net profit up 4.5%, orders on hand ¥8.91B.603606H1 202413 Jun 2025
- Revenue up 63.83% year-over-year, submarine cables drive growth, order backlog at RMB 18.9B.603606Q1 20256 Jun 2025
Next Ningbo Orient Wires & Cables earnings date
Q2 202614 Aug, 2026
Ningbo Orient Wires & Cables
Next Ningbo Orient Wires & Cables earnings date
Q2 202614 Aug, 2026
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