Ningbo Ocean Shipping Co. Ltd. A
Ningbo Ocean Shipping Co., Ltd., together with its subsidiaries, provides shipping services in Japan, South Korea, Taiwan, and Southeast Asia. It operates through Transportation Services, and Integrated Logistics and Agency Services segments. The company offers near-sea, trans-oceanic, trade, and inland container shipping services; dry bulk cargo transportation services; and dry bulk freight forw… Read more
Market Cap & Net Worth: Ningbo Ocean Shipping Co. Ltd. A (601022)
Ningbo Ocean Shipping Co. Ltd. A (SHG:601022) has a market capitalization of $1.68 Billion (CN¥12.31 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #13454 globally and #3487 in its home market, demonstrating a -6.37% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Ningbo Ocean Shipping Co. Ltd. A's stock price CN¥9.41 by its total outstanding shares 1308633334 (1.31 Billion).
Ningbo Ocean Shipping Co. Ltd. A Market Cap History: 2022 to 2026
Ningbo Ocean Shipping Co. Ltd. A's market capitalization history from 2022 to 2026. Data shows change from $2.35 Billion to $1.68 Billion (-6.07% CAGR).
Ningbo Ocean Shipping Co. Ltd. A Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Ningbo Ocean Shipping Co. Ltd. A's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.27x
Ningbo Ocean Shipping Co. Ltd. A's market cap is 0.27 times its annual revenue
0.46x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
2.59x
Ningbo Ocean Shipping Co. Ltd. A's market cap is 2.59 times its annual earnings
1.65x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2022 | $2.35 Billion | $4.77 Billion | $669.89 Million | 0.49x | 3.50x |
| 2023 | $1.96 Billion | $4.47 Billion | $504.03 Million | 0.44x | 3.88x |
| 2024 | $1.43 Billion | $5.27 Billion | $553.74 Million | 0.27x | 2.59x |
Competitor Companies of 601022 by Market Capitalization
Companies near Ningbo Ocean Shipping Co. Ltd. A in the global market cap rankings as of March 18, 2026.
Key companies related to Ningbo Ocean Shipping Co. Ltd. A by market ranking:
- International Container Terminal Services, Inc. (OTCGREY:ICTEY): Ranked #865 globally with a market cap of $22.80 Billion USD.
- Adani Ports and Special Economic Zone Limited (NSE:ADANIPORTS): Ranked #1384 globally with a market cap of $12.97 Billion USD ( ₹1.12 Trillion INR).
- A.P. Møller - Mærsk A/S (PINK:AMKBF): Ranked #1429 globally with a market cap of $12.49 Billion USD.
- SITC International Holdings Company Limited (PINK:SITIY): Ranked #1510 globally with a market cap of $11.47 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #865 | International Container Terminal Services, Inc. | OTCGREY:ICTEY | $22.80 Billion | $32.50 |
| #1384 | Adani Ports and Special Economic Zone Limited | NSE:ADANIPORTS | $12.97 Billion | ₹1363.20 |
| #1429 | A.P. Møller - Mærsk A/S | PINK:AMKBF | $12.49 Billion | $1550.00 |
| #1510 | SITC International Holdings Company Limited | PINK:SITIY | $11.47 Billion | $23.68 |
Ningbo Ocean Shipping Co. Ltd. A Historical Marketcap From 2022 to 2026
Between 2022 and today, Ningbo Ocean Shipping Co. Ltd. A's market cap moved from $2.35 Billion to $ 1.68 Billion, with a yearly change of -6.07%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.68 Billion | +2.62% |
| 2025 | CN¥1.64 Billion | +14.20% |
| 2024 | CN¥1.43 Billion | -26.82% |
| 2023 | CN¥1.96 Billion | -16.64% |
| 2022 | CN¥2.35 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Ningbo Ocean Shipping Co. Ltd. A was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.68 Billion USD |
| MoneyControl | $1.68 Billion USD |
| MarketWatch | $1.68 Billion USD |
| marketcap.company | $1.68 Billion USD |
| Reuters | $1.68 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.