Ningbo Ocean Shipping Co. Ltd. A (601022) - Total Assets
Based on the latest financial reports, Ningbo Ocean Shipping Co. Ltd. A (601022) holds total assets worth CN¥8.55 Billion CNY (≈ $1.25 Billion USD) as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See 601022 net asset value for net asset value and shareholders' equity analysis.
Ningbo Ocean Shipping Co. Ltd. A - Total Assets Trend (2020–2024)
This chart illustrates how Ningbo Ocean Shipping Co. Ltd. A's total assets have evolved over time, based on quarterly financial data.
Ningbo Ocean Shipping Co. Ltd. A - Asset Composition Analysis
Current Asset Composition (December 2024)
Ningbo Ocean Shipping Co. Ltd. A's total assets of CN¥8.55 Billion consist of 33.7% current assets and 66.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 15.3% |
| Accounts Receivable | CN¥1.06 Billion | 12.9% |
| Inventory | CN¥78.25 Million | 1.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥5.99 Million | 0.1% |
| Goodwill | CN¥1.34 Million | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Ningbo Ocean Shipping Co. Ltd. A's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see 601022 market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ningbo Ocean Shipping Co. Ltd. A's current assets represent 33.7% of total assets in 2024, a decrease from 40.0% in 2020.
- Cash Position: Cash and equivalents constituted 15.3% of total assets in 2024, down from 15.3% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 12.9% of total assets.
Ningbo Ocean Shipping Co. Ltd. A Competitors by Total Assets
Key competitors of Ningbo Ocean Shipping Co. Ltd. A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wan Hai Lines Ltd
TW:2615
|
Taiwan | NT$395.87 Billion |
|
Hyundai Mipo Dockyard
KO:010620
|
Korea | ₩5.15 Trillion |
|
Hainan Strait Shipping Co Ltd
SHE:002320
|
China | CN¥9.83 Billion |
|
Okeanis Eco Tankers Corp.
NYSE:ECO
|
USA | $1.07 Billion |
|
Vapores
SN:VAPORES
|
Chile | CL$7.20 Billion |
|
Chongqing Gangjiu Co Ltd
SHG:600279
|
China | CN¥14.66 Billion |
|
Heung-A Shipping Co. Ltd.
KO:003280
|
Korea | ₩426.28 Billion |
|
Puerto Ventana
SN:VENTANAS
|
Chile | CL$444.41 Million |
Ningbo Ocean Shipping Co. Ltd. A - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.32 | 1.53 | 1.84 |
| Quick Ratio | 1.28 | 1.49 | 1.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥719.62 Million | CN¥1.01 Billion | CN¥1.27 Billion |
Ningbo Ocean Shipping Co. Ltd. A - Advanced Valuation Insights
This section examines the relationship between Ningbo Ocean Shipping Co. Ltd. A's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.09 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | 3.9% |
| Total Assets | CN¥8.21 Billion |
| Market Capitalization | $1.67 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Ningbo Ocean Shipping Co. Ltd. A's assets below their book value (0.20x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Ningbo Ocean Shipping Co. Ltd. A's assets grew by 3.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Ningbo Ocean Shipping Co. Ltd. A (2020–2024)
The table below shows the annual total assets of Ningbo Ocean Shipping Co. Ltd. A from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.21 Billion ≈ $1.20 Billion |
+3.92% |
| 2023-12-31 | CN¥7.90 Billion ≈ $1.16 Billion |
+12.26% |
| 2022-12-31 | CN¥7.04 Billion ≈ $1.03 Billion |
+22.83% |
| 2021-12-31 | CN¥5.73 Billion ≈ $838.37 Million |
+30.26% |
| 2020-12-31 | CN¥4.40 Billion ≈ $643.61 Million |
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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