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Ningbo Ocean Shipping Co., Ltd.SHSE:601022 Stock Report

Market Cap CN¥10.3b
Share Price
n/a
1Y-18.9%
7D3.8%
1D0.8%
Portfolio Value
View

Ningbo Ocean Shipping Co., Ltd.

SHSE:601022 Stock Report

Market Cap: CN¥10.3b

Ningbo Ocean Shipping (601022) Stock Overview

Provides shipping services in Japan, South Korea, Taiwan, and Southeast Asia. More details

601022 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends2/6

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Ningbo Ocean Shipping Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ningbo Ocean Shipping
Historical stock prices
Current Share PriceCN¥7.91
52 Week HighCN¥11.48
52 Week LowCN¥7.32
Beta0.76
1 Month Change-2.71%
3 Month Change-11.02%
1 Year Change-18.87%
3 Year Change-24.52%
5 Year Changen/a
Change since IPO-33.19%

Recent News & Updates

Recent updates

Analysis Article Mar 12

Ningbo Ocean Shipping Co., Ltd.'s (SHSE:601022) Prospects Need A Boost To Lift Shares

When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 39x, you may consider Ningbo...
Analysis Article Jan 06

Ningbo Ocean Shipping (SHSE:601022) Seems To Use Debt Quite Sensibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Dec 09

Earnings Working Against Ningbo Ocean Shipping Co., Ltd.'s (SHSE:601022) Share Price

With a price-to-earnings (or "P/E") ratio of 22.3x Ningbo Ocean Shipping Co., Ltd. ( SHSE:601022 ) may be sending...
Analysis Article Nov 04

We Think That There Are Some Issues For Ningbo Ocean Shipping (SHSE:601022) Beyond Its Promising Earnings

Ningbo Ocean Shipping Co., Ltd.'s ( SHSE:601022 ) healthy profit numbers didn't contain any surprises for investors. We...
Analysis Article Oct 04

Here's What's Concerning About Ningbo Ocean Shipping's (SHSE:601022) Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Aug 20

Ningbo Ocean Shipping (SHSE:601022) Takes On Some Risk With Its Use Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jun 03

Some Investors May Be Worried About Ningbo Ocean Shipping's (SHSE:601022) Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Analysis Article Apr 02

Ningbo Ocean Shipping's (SHSE:601022) Weak Earnings May Only Reveal A Part Of The Whole Picture

The subdued market reaction suggests that Ningbo Ocean Shipping Co., Ltd.'s ( SHSE:601022 ) recent earnings didn't...
Analysis Article Feb 26

Is Ningbo Ocean Shipping (SHSE:601022) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

601022CN ShippingCN Market
7D3.8%1.5%-3.0%
1Y-18.9%8.9%26.8%

Return vs Industry: 601022 underperformed the CN Shipping industry which returned 8.9% over the past year.

Return vs Market: 601022 underperformed the CN Market which returned 26.8% over the past year.

Price Volatility

Is 601022's price volatile compared to industry and market?
601022 volatility
601022 Average Weekly Movement5.3%
Shipping Industry Average Movement5.4%
Market Average Movement6.8%
10% most volatile stocks in CN Market11.0%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 601022 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 601022's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1992856Sheng Chenwww.nbosco.com

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.

Ningbo Ocean Shipping Co., Ltd. Fundamentals Summary

How do Ningbo Ocean Shipping's earnings and revenue compare to its market cap?
601022 fundamental statistics
Market capCN¥10.27b
Earnings (TTM)CN¥618.60m
Revenue (TTM)CN¥6.30b
16.7x
P/E Ratio
1.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601022 income statement (TTM)
RevenueCN¥6.30b
Cost of RevenueCN¥5.31b
Gross ProfitCN¥992.53m
Other ExpensesCN¥373.94m
EarningsCN¥618.60m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 27, 2026

Earnings per share (EPS)0.47
Gross Margin15.74%
Net Profit Margin9.81%
Debt/Equity Ratio13.9%

How did 601022 perform over the long term?

See historical performance and comparison

Dividends

1.6%
Current Dividend Yield
31%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/03 08:45
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ningbo Ocean Shipping Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.