603606.Ss
The company operates in the electrical components and equipment industry, manufacturing and selling products primarily in the industrial goods sector.
Business. The company operates in the electrical components and equipment industry, manufacturing and selling products primarily in the industrial goods sector.
Analyst recommendations
15 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
The company operates in the electrical components and equipment industry, manufacturing and selling products primarily in the industrial goods sector.
The company maintains a strong liquidity position, with a current ratio of 1.71, indicating that it has sufficient short-term assets to cover its short-term liabilities. However, the company has a negative net cash position after subtracting total debt, which could pose a liquidity risk in the short term. The debt-to-equity ratio is 0.1, suggesting a relatively low level of leverage compared to industry norms. The price-to-book ratio is 3.82, indicating that the market values the company at a premium to its book value.
In terms of profitability, the company's return on equity (ROE) is 15.35%, which is a strong indicator of efficient use of shareholders' equity. The return on assets (ROA) is 8.18%, reflecting the company's ability to generate profit from its total assets. The gross profit margin is 21.87%, and the operating margin is 14.26%, both of which are key metrics for assessing the company's operational efficiency and pricing power.
The company's revenue is primarily concentrated in its core industrial goods segment, with no significant geographic diversification disclosed. The company's exposure to a single segment may increase its vulnerability to market fluctuations in that sector. There is no detailed breakdown of geographic revenue distribution provided in the available data.
The company's growth trajectory is positive, with a strong operating cash flow of 1.96 billion CNY and a free cash flow of 375.24 million CNY. Analysts have a favorable outlook, with a mean price target of 76.55 CNY and a median price target of 78.00 CNY. The mean recommendation is 1.53, indicating a strong buy consensus among analysts. The company has a high number of strong-buy and buy ratings, with no hold ratings, suggesting strong investor confidence.
The company faces a medium liquidity risk, as indicated by the negative net cash position after subtracting total debt. The dilution risk is low, with no significant dilution potential reported. The company has not made any adjustments to its valuations that would suggest a need for dilution. The risk assessment highlights the importance of monitoring the company's liquidity position to ensure it remains stable.
Recent events and filings indicate a positive outlook for the company. The company has not disclosed any major risks or events that could negatively impact its operations. The strong analyst ratings and price targets suggest that the company is well-positioned for future growth. The company's financial performance and market position are likely to continue to attract investor interest.
- The company has a strong liquidity position with a current ratio of 1.71.
- The company's return on equity is 15.35%, indicating efficient use of shareholders' equity.
- The company's revenue is primarily concentrated in its core industrial goods segment.
- Analysts have a favorable outlook, with a mean price target of 76.55 CNY and a median price target of 78.00 CNY.
- The company faces a medium liquidity risk due to a negative net cash position after subtracting total debt.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 2,79 |
| Revenue | —no estimate | —no estimate | 13,3B CNY |
| Operating income | —no estimate | —no estimate | 2,2B CNY |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Ev To Operating Cash Flowenterprise_value / operating_cash_flow
- Return On Equitynet_income / total_equity
- Price To Earningsmarket_price / (net_income / shares_outstanding_diluted)
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- 603606.SS Market data — financials · 2026-05-27
- Ningbo Orient Wires & Cables Co Ltd Market data — analyst estimates · 2026-05-27