Ningbo Ocean Shipping Co. Ltd. A (SHG:601022) — Market Cap & Net Worth
Market Cap & Net Worth: Ningbo Ocean Shipping Co. Ltd. A (601022)
Ningbo Ocean Shipping Co. Ltd. A (SHG:601022) has a market capitalization of $1.67 Billion (CN¥11.42 Billion) as of May 7, 2026. Listed on the SHG stock exchange, this China-based company holds position #6974 globally and #1624 in its home market, demonstrating a -0.34% 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¥8.73 by its total outstanding shares 1308633334 (1.31 Billion). Analyse Ningbo Ocean Shipping Co. Ltd. A (601022) cash conversion ratio to see how efficiently the company converts income to cash.
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 $2.52 Billion to $1.67 Billion (-7.87% 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
0.29x
Ningbo Ocean Shipping Co. Ltd. A's market cap is 0.29 times its annual revenue
Latest Price to Earnings (P/E) Ratio
2.78x
Ningbo Ocean Shipping Co. Ltd. A's market cap is 2.78 times its annual earnings
What 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 | $2.52 Billion | $4.77 Billion | $669.89 Million | 0.53x | 3.76x |
| 2023 | $2.10 Billion | $4.47 Billion | $504.03 Million | 0.47x | 4.17x |
| 2024 | $1.54 Billion | $5.27 Billion | $553.74 Million | 0.29x | 2.78x |
Competitor Companies of 601022 by Market Capitalization
Companies near Ningbo Ocean Shipping Co. Ltd. A in the global market cap rankings as of May 7, 2026.
Key companies related to Ningbo Ocean Shipping Co. Ltd. A by market ranking:
- Adani Ports and Special Economic Zone Limited (NSE:ADANIPORTS): Ranked #612 globally with a market cap of $43.56 Billion USD ( Rs4.03 Trillion INR).
- COSCO SHIPPING Holdings Co Ltd (SHG:601919): Ranked #1014 globally with a market cap of $25.98 Billion USD ( CN¥177.53 Billion CNY).
- A.P. Møller - Mærsk A/S (CO:MAERSK-A): Ranked #1138 globally with a market cap of $22.59 Billion USD ( Dkr144.39 Billion DKK).
- Hapag Lloyd AG (XETRA:HLAG): Ranked #1221 globally with a market cap of $21.17 Billion USD ( €18.10 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #612 | Adani Ports and Special Economic Zone Limited | NSE:ADANIPORTS | $43.56 Billion | Rs1748.30 |
| #1014 | COSCO SHIPPING Holdings Co Ltd | SHG:601919 | $25.98 Billion | CN¥14.14 |
| #1138 | A.P. Møller - Mærsk A/S | CO:MAERSK-A | $22.59 Billion | Dkr15070.00 |
| #1221 | Hapag Lloyd AG | XETRA:HLAG | $21.17 Billion | €118.60 |
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 $2.52 Billion to $ 1.67 Billion, with a yearly change of -7.87%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥1.67 Billion | -4.80% |
| 2025 | CN¥1.76 Billion | +14.20% |
| 2024 | CN¥1.54 Billion | -26.82% |
| 2023 | CN¥2.10 Billion | -16.64% |
| 2022 | CN¥2.52 Billion | -- |
End of Day Market Cap According to Different Sources
On May 7th, 2026 the market cap of Ningbo Ocean Shipping Co. Ltd. A was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.67 Billion USD |
| MoneyControl | $1.67 Billion USD |
| MarketWatch | $1.67 Billion USD |
| marketcap.company | $1.67 Billion USD |
| Reuters | $1.67 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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