601022 Stock Overview
Provides shipping services in Japan, South Korea, Taiwan, and Southeast Asia. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Ningbo Ocean Shipping Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥8.19 |
| 52 Week High | CN¥12.81 |
| 52 Week Low | CN¥7.08 |
| Beta | 1.1 |
| 1 Month Change | -2.73% |
| 3 Month Change | -7.77% |
| 1 Year Change | -26.15% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -30.83% |
Recent News & Updates
Earnings Working Against Ningbo Ocean Shipping Co., Ltd.'s (SHSE:601022) Share Price
Dec 09
We Think That There Are Some Issues For Ningbo Ocean Shipping (SHSE:601022) Beyond Its Promising Earnings
Nov 04Here's What's Concerning About Ningbo Ocean Shipping's (SHSE:601022) Returns On Capital
Oct 04Recent updates
Earnings Working Against Ningbo Ocean Shipping Co., Ltd.'s (SHSE:601022) Share Price
Dec 09We Think That There Are Some Issues For Ningbo Ocean Shipping (SHSE:601022) Beyond Its Promising Earnings
Nov 04Here's What's Concerning About Ningbo Ocean Shipping's (SHSE:601022) Returns On Capital
Oct 04Ningbo Ocean Shipping (SHSE:601022) Takes On Some Risk With Its Use Of Debt
Aug 20Some Investors May Be Worried About Ningbo Ocean Shipping's (SHSE:601022) Returns On Capital
Jun 03Ningbo Ocean Shipping's (SHSE:601022) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 02Is Ningbo Ocean Shipping (SHSE:601022) Using Too Much Debt?
Feb 26Shareholder Returns
| 601022 | CN Shipping | CN Market | |
|---|---|---|---|
| 7D | 0.6% | 0.7% | 1.0% |
| 1Y | -26.1% | 2.8% | 8.2% |
Return vs Industry: 601022 underperformed the CN Shipping industry which returned 3.9% over the past year.
Return vs Market: 601022 underperformed the CN Market which returned 8.3% over the past year.
Price Volatility
| 601022 volatility | |
|---|---|
| 601022 Average Weekly Movement | 4.6% |
| Shipping Industry Average Movement | 5.9% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CN Market | 12.2% |
| 10% least volatile stocks in CN Market | 5.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | 838 | Xiaofeng Chen | www.nbosco.com |
Ningbo Ocean Shipping Co., Ltd. provides shipping services in Japan, South Korea, Taiwan, and Southeast Asia. It offers near-ocean, trade, and container route transportation services; dry bulk cargo transportation services; and dry bulk freight forwarding services. The company is also involved in the shipping agency business, including handling ship customs declarations, entry and exit procedures, contacting and arranging pilot berthing, and loading and unloading; handling bookings, signing bills of lading and transportation contracts; contracting cargo loads, handling the consignment and transfer of containers and goods; collecting collections; and freight, settlement agency and other items.
Ningbo Ocean Shipping Co., Ltd. Fundamentals Summary
| 601022 fundamental statistics | |
|---|---|
| Market cap | CN¥10.72b |
| Earnings (TTM) | CN¥520.04m |
| Revenue (TTM) | CN¥4.92b |
20.6x
P/E Ratio2.2x
P/S RatioIs 601022 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 601022 income statement (TTM) | |
|---|---|
| Revenue | CN¥4.92b |
| Cost of Revenue | CN¥4.14b |
| Gross Profit | CN¥778.51m |
| Other Expenses | CN¥258.47m |
| Earnings | CN¥520.04m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Mar 26, 2025
| Earnings per share (EPS) | 0.40 |
| Gross Margin | 15.82% |
| Net Profit Margin | 10.57% |
| Debt/Equity Ratio | 9.9% |
How did 601022 perform over the long term?
See historical performance and comparisonDividends
1.4%
Current Dividend Yield29%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 01:05 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
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.
| Analyst | Institution |
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