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Ningbo Ocean Shipping Co Ltd
SSE:601022

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Ningbo Ocean Shipping Co Ltd
SSE:601022
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Price: 8.61 CNY -2.27%
Market Cap: 11.3B CNY
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Gross Margin
Ningbo Ocean Shipping Co Ltd

15.5%
Current
18%
Average
26.4%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
15.5%
=
Gross Profit
723.7m
/
Revenue
4.7B

Gross Margin Across Competitors

Country CN
Market Cap 11.5B CNY
Gross Margin
15%
Country CL
Market Cap 2.7T CLP
Gross Margin N/A
Country RU
Market Cap 234.1B RUB
Gross Margin
35%
Country ID
Market Cap 34.9T IDR
Gross Margin
27%
Country SE
Market Cap 5.7B SEK
Gross Margin N/A
Country IS
Market Cap 64.3B ISK
Gross Margin
0%
Country ID
Market Cap 4.8T IDR
Gross Margin
17%
Country CN
Market Cap 2.1B HKD
Gross Margin
22%
Country CL
Market Cap 255.8B CLP
Gross Margin
18%
Country MY
Market Cap 1B MYR
Gross Margin
15%
Country ID
Market Cap 2.5T IDR
Gross Margin
12%

Profitability Report

View the profitability report to see the full profitability analysis for Ningbo Ocean Shipping Co Ltd.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
15.5%
=
Gross Profit
723.7m
/
Revenue
4.7B
What is the Gross Margin of Ningbo Ocean Shipping Co Ltd?

Based on Ningbo Ocean Shipping Co Ltd's most recent financial statements, the company has Gross Margin of 15.5%.