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Ningbo Ocean Shipping SHSE:601022 Stock Report

Last Price

CN¥9.97

Market Cap

CN¥13.0b

7D

5.5%

1Y

1.6%

Updated

14 Jun, 2025

Data

Company Financials

Ningbo Ocean Shipping Co., Ltd.

SHSE:601022 Stock Report

Market Cap: CN¥13.0b

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
Dividends3/6

601022 Community Fair Values

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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¥9.97
52 Week HighCN¥13.41
52 Week LowCN¥6.97
Beta1.26
1 Month Change-10.34%
3 Month Change14.47%
1 Year Change1.63%
3 Year Changen/a
5 Year Changen/a
Change since IPO-15.79%

Recent News & Updates

Recent updates

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

Mar 12
Ningbo Ocean Shipping Co., Ltd.'s (SHSE:601022) Prospects Need A Boost To Lift Shares

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

Jan 06
Ningbo Ocean Shipping (SHSE:601022) Seems To Use Debt Quite Sensibly

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

Dec 09
Earnings Working Against Ningbo Ocean Shipping Co., Ltd.'s (SHSE:601022) Share Price

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

Nov 04
We Think That There Are Some Issues For Ningbo Ocean Shipping (SHSE:601022) Beyond Its Promising Earnings

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

Oct 04
Here's What's Concerning About Ningbo Ocean Shipping's (SHSE:601022) Returns On Capital

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

Aug 20
Ningbo Ocean Shipping (SHSE:601022) Takes On Some Risk With Its Use Of Debt

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

Jun 03
Some Investors May Be Worried About Ningbo Ocean Shipping's (SHSE:601022) Returns On Capital

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

Apr 02
Ningbo Ocean Shipping's (SHSE:601022) Weak Earnings May Only Reveal A Part Of The Whole Picture

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

Feb 26
Is Ningbo Ocean Shipping (SHSE:601022) Using Too Much Debt?

Shareholder Returns

601022CN ShippingCN Market
7D5.5%1.7%-0.5%
1Y1.6%6.8%13.7%

Return vs Industry: 601022 underperformed the CN Shipping industry which returned 6.8% over the past year.

Return vs Market: 601022 underperformed the CN Market which returned 13.7% over the past year.

Price Volatility

Is 601022's price volatile compared to industry and market?
601022 volatility
601022 Average Weekly Movement9.7%
Shipping Industry Average Movement5.6%
Market Average Movement6.7%
10% most volatile stocks in CN Market9.9%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 601022's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 601022's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
1992844Xiaofeng Chenwww.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

How do Ningbo Ocean Shipping's earnings and revenue compare to its market cap?
601022 fundamental statistics
Market capCN¥13.05b
Earnings (TTM)CN¥562.00m
Revenue (TTM)CN¥5.48b
23.2x
P/E Ratio
2.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601022 income statement (TTM)
RevenueCN¥5.48b
Cost of RevenueCN¥4.63b
Gross ProfitCN¥846.97m
Other ExpensesCN¥284.97m
EarningsCN¥562.00m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.43
Gross Margin15.46%
Net Profit Margin10.26%
Debt/Equity Ratio11.9%

How did 601022 perform over the long term?

See historical performance and comparison

Dividends

1.3%
Current Dividend Yield
30%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/14 00:53
End of Day Share Price 2025/06/13 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.