Ningbo Ocean Shipping Co. Ltd. A (SHG:601022) — Market Cap & Net Worth

$1.57 Billion USD  · CN¥10.76 Billion CNY  · Rank #7013

Market Cap & Net Worth: Ningbo Ocean Shipping Co. Ltd. A (601022)

Ningbo Ocean Shipping Co. Ltd. A (SHG:601022) has a market capitalization of $1.57 Billion (CN¥10.76 Billion) as of August 7, 2026. Listed on the SHG stock exchange, this China-based company holds position #7013 globally and #1479 in its home market, demonstrating a 1.86% increase 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¥8.22 by its total outstanding shares 1308633334 (1.31 Billion). See 601022 capex to operating cash flow ratio to understand how much of operating cash flow is reinvested back into capital assets.

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 $1.57 Billion (-8.86% 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

Industry average: 0.95x Lower than industry average

Latest Price to Earnings (P/E) Ratio

2.68x

Ningbo Ocean Shipping Co. Ltd. A's market cap is 2.68 times its annual earnings

Industry average: 8.71x Lower than industry average

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
2025 $1.76 Billion $6.11 Billion $654.09 Million 0.29x 2.68x

Competitor Companies of 601022 by Market Capitalization

Companies near Ningbo Ocean Shipping Co. Ltd. A in the global market cap rankings as of August 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 #639 globally with a market cap of $42.36 Billion USD ( Rs3.92 Trillion INR).
  • COSCO SHIPPING Holdings Co Ltd (SHG:601919): Ranked #947 globally with a market cap of $28.28 Billion USD ( CN¥193.29 Billion CNY).
  • A.P. Møller - Mærsk A/S (CO:MAERSK-A): Ranked #1090 globally with a market cap of $24.37 Billion USD ( Dkr155.75 Billion DKK).
  • HAPAG-LLOYD UNSP.ADR 1/2 (F:HLAA): Ranked #1227 globally with a market cap of $21.10 Billion USD ( €18.04 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#639 Adani Ports and Special Economic Zone Limited NSE:ADANIPORTS $42.36 Billion Rs1700.00
#947 COSCO SHIPPING Holdings Co Ltd SHG:601919 $28.28 Billion CN¥15.40
#1090 A.P. Møller - Mærsk A/S CO:MAERSK-A $24.37 Billion Dkr16300.00
#1227 HAPAG-LLOYD UNSP.ADR 1/2 F:HLAA $21.10 Billion €57.00

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 $ 1.57 Billion, with a yearly change of -8.86%.

Year Market Cap Change (%)
2026 CN¥1.57 Billion -10.36%
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 Aug 6th, 2026 the market cap of Ningbo Ocean Shipping Co. Ltd. A was reported to be:

Source Market Cap
Yahoo Finance $1.57 Billion USD
MoneyControl $1.57 Billion USD
MarketWatch $1.57 Billion USD
marketcap.company $1.57 Billion USD
Reuters $1.57 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

SHG:601022 China Marine Shipping
Market Cap
$1.57 Billion
CN¥10.76 Billion CNY
Market Cap Rank
#7013 Global
#1479 in China
Share Price
CN¥8.22
Change (1 day)
+0.24%
52-Week Range
CN¥7.57 - CN¥11.24
All Time High
CN¥17.26
About

Ningbo Ocean Shipping Co., Ltd., together with its subsidiaries, provides shipping services in Japan, South Korea, Taiwan, and Southeast Asia. It operates through two segments: Transportation Services, and Integrated Logistics and Agency Services. The company offers near-sea, trans-oceanic, trade, and feeder container shipping services; dry bulk cargo transportation services; and dry bulk freight… Read more