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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: 8.16 CNY -1.09%
Market Cap: 10.7B CNY
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Operating Margin
Ningbo Ocean Shipping Co Ltd

13.1%
Current
16%
Average
12.2%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
13.1%
=
Operating Profit
611.3m
/
Revenue
4.7B

Operating Margin Across Competitors

Country CN
Market Cap 10.8B CNY
Operating Margin
13%
Country CL
Market Cap 2.8T CLP
Operating Margin N/A
Country RU
Market Cap 209.2B RUB
Operating Margin
10%
Country ID
Market Cap 32.8T IDR
Operating Margin
20%
Country SE
Market Cap 5.2B SEK
Operating Margin N/A
Country IS
Market Cap 63.3B ISK
Operating Margin
4%
Country CN
Market Cap 2.2B HKD
Operating Margin
16%
Country ID
Market Cap 4.4T IDR
Operating Margin
13%
Country CL
Market Cap 255.8B CLP
Operating Margin
9%
Country MY
Market Cap 938.4m MYR
Operating Margin
0%
Country ID
Market Cap 2.5T IDR
Operating Margin
4%
No Stocks Found

Ningbo Ocean Shipping Co Ltd
Glance View

Market Cap
10.7B CNY
Industry
Marine

Nestled along the bustling maritime avenues of Ningbo, Ningbo Ocean Shipping Co Ltd emerges as a vital cog in China's vast logistics network. Its roots dig deep into the country's rich tradition of trade, where the company stands as a testament to the evolution of sea freight services. Utilizing its fleet of modern vessels, the company predominantly specializes in the carriage of bulk goods, ranging from raw minerals and grains to a variety of other essential commodities. The crux of its operations involves optimizing shipping routes and ensuring timely deliveries, which are vital in maintaining the seamless flow of global trade. This proficiency not only strengthens connections across major international ports but also cements its reputation within the competitive shipping industry. On the financial front, Ningbo Ocean Shipping Co Ltd's revenue stream rides the waves of freight charges levied for its shipping services. By building strategic partnerships with manufacturers and traders, the company has capitalized on long-term contracts that provide consistent income. It deftly navigates the intricate waters of fluctuating fuel prices, market demand, and global economic trends to sustain profitability. Moreover, the company extends its business model beyond just shipping services, venturing into logistics management and port operations, thereby broadening its spectrum of income sources. This diversification strategy allows Ningbo Ocean Shipping to maintain resilience against the cyclical nature of the maritime industry, ensuring its steady growth amidst the ever-changing tides of global commerce.

Intrinsic Value
5.05 CNY
Overvaluation 38%
Intrinsic Value
Price
N

See Also

Discover More
What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
13.1%
=
Operating Profit
611.3m
/
Revenue
4.7B
What is the Operating Margin of Ningbo Ocean Shipping Co Ltd?

Based on Ningbo Ocean Shipping Co Ltd's most recent financial statements, the company has Operating Margin of 13.1%.