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Ningbo Ocean Shipping Co. Ltd. A

601022 · SHG · Industrials / Marine Shipping

7.74CNY-0.20 (-2.52%)

Price History

Full chart

Market Stats

Previous Close7.94
Open7.94
Day Range7.70 – 7.97
52-Week Range7.26 – 11.21
Volume8.05M
Market Cap12.00B
P/E (TTM)17.55
Forward P/E0.00
EPS0.47
Dividend Yield1.62%
Beta0.70
50-Day Avg8.29
200-Day Avg8.75

About

Ningbo Ocean Shipping Co., Ltd., together with its subsidiaries, provides shipping services in Japan, South Korea, Taiwan, and Southeast Asia. It operates through two segments: Transportation Services, and Integrated Logistics and Agency Services. The company offers near-sea, trans-oceanic, trade, and feeder container shipping services; dry bulk cargo transportation services; and dry bulk freight forwarding services. It is also involved in the shipping agency business, including handling customs declaration, port entry/exit procedures; arranging pilotage, berthing, and loading and unloading; accepting bookings; signing bills of lading and transportation contracts; undertaking cargo transportation; handling the consignment and transshipment of vessels, containers, and goods; collecting freight charges; and handling settlements. As of December 31, 2025, the company operated 113 container ships; and 10 bulk carriers with a capacity of 265,700 deadweight tons. Ningbo Ocean Shipping Co., Ltd. was incorporated in 1992 and is based in Ningbo, China. Ningbo Ocean Shipping Co., Ltd. operates as a subsidiary of Ningbo Zhoushan Port Company Limited.

Company Details

  • SectorIndustrials
  • IndustryMarine Shipping
  • CEOMr. Sheng Chen
  • Employees856
  • HeadquartersGlobal Shipping Plaza, Ningbo, China, 315042, China
  • Websitehttps://www.nbosco.com

Leadership

  • Mr. Sheng ChenGM & Director · b. 1978
  • Ms. Zifen LuFinancial Director · b. 1974
  • Mr. Wen Ke ChenDeputy GM & Director · b. 1980
  • Mr. Ting HongDeputy General Manager · b. 1971
  • Yui LeeAccounting Supervisor
  • Ms. Jia Jing ZhouDeputy GM & Board Secretary · b. 1992
  • Mr. Gen Feng QianDeputy General Manager · b. 1980

Financials

Income Statement

Currency: CNY2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.03B3.81B4.77B4.47B5.27B6.11B
Growth (%)-+25.79%+25.02%-6.28%+17.95%+15.86%
Cost of Revenue2.51B3.04B3.78B3.71B4.45B5.12B
Gross Profit517.80M775.12M989.70M755.15M818.82M982.95M
Gross Margin17.08%20.32%20.75%16.90%15.53%16.09%
Operating Expense92.47M71.75M117.53M124.19M133.12M136.21M
Operating Income425.33M703.37M872.17M630.96M685.70M846.74M
Operating Margin14.03%18.44%18.29%14.12%13.01%13.86%
EBITDA--1.15B934.51M1.12B1.28B
EBITDA Margin--24.22%20.91%21.17%21.02%
Net Income304.03M520.60M669.89M504.03M553.74M654.09M
Net Income Margin10.03%13.65%14.05%11.28%10.50%10.71%
R&D---6.66M8.66M8.00M
R&D as % of Total Revenue---0.15%0.16%0.13%
Interest Expense13.80M19.78M39.37M20.29M20.28M16.58M
Interest Expense % of Total Revenue0.46%0.52%0.83%0.45%0.38%0.27%

Balance Sheet

Currency: CNY2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets4.40B5.73B7.04B7.90B8.21B8.79B
Total Liabilities1.97B2.27B1.86B2.46B2.41B2.65B
Total Equity2.42B3.45B5.16B5.43B5.79B6.13B
Cash674.56M620.42M1.56B1.42B1.25B1.16B
Net Debt-374.55M----

Cash Flow

Currency: CNY2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow364.35M537.08M1.01B828.49M1.09B1.41B
Capital Expenditure939.23M1.16B728.46M878.67M893.75M1.49B
Free Cash Flow-574.88M-627.11M282.99M-50.18M192.82M-87.38M
Dividends Paid14.66M324.91M38.54M220.96M172.18M295.50M
FCF to OCF-157.78%-116.76%27.98%-6.06%17.75%-6.21%
Dividend Paid to FCF-2.55%-51.81%13.62%-440.33%89.30%-338.17%

Earnings

Report DateMar 31, 2023
EPS Estimate-
EPS Actual0.12
Surprise-
Timing-

Key Statistics & Ratios

Market Cap12.00B
Enterprise Value11.76B
Trailing P/E17.55
Forward P/E0.00
Price / Sales1.81
Price / Book1.92
EPS0.47
Book Value4.89
Revenue (TTM)6.62B
Gross Profit (TTM)1.02B
EBITDA1.14B
Profit Margin9.35%
Operating Margin13.25%
Return on Equity9.99%
Return on Assets5.21%
Shares Outstanding1.45B
Shares Float367.26M
Beta0.70
Dividend Yield1.62%
Dividend Rate0.13
Payout Ratio31.91%

Dividends

20261×
0.06Jun 16, 2026
20252×
0.09Sep 26, 20250.13Jun 20, 2025
20241×
0.12May 29, 2024
20231×
0.15Jun 2, 2023