601022: Ningbo Ocean Shipping Co., Ltd. - Summary | Jitta

Ningbo Ocean Shipping Co., Ltd.

CHN:601022

Price
CN¥8.66
Loss Chance
44.1%
6.00JITTA SCORE
6.13%Under Jitta Line
Jitta Ranking
661 / 1,395
2,477 / 5,259
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (56)
Recent Business Performance (81)
Financial Strength (82)
Return to Shareholders (31)
Competitive Advantage (54)
Jitta Signs
Debt LevelLow Long Term Debt
Dividend PayoutEvery year
SG&A to SalesDecreasing
Cash Conversion CycleLess than 30 days
Revenue and EarningEarning decline from 2022-2025
CapExVery High
Key Stats
Jitta Score
Jitta Line
6.00
6.13%
3.86
> 1,000%
Marine Transportation
1.99
> 1,000%
4.87
29.21%
4.27
355.89%
COMPANY DESCRIPTION
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 forwarding services. It is also involved in the shipping agency business, including handling customs declaration, port entry/exit procedures; arranging pilotage, berthing, and loading and unloading; accepting bookings; signing bills of lading and transportation contracts; undertaking cargo transportation; handling the consignment and transshipment of vessels, containers, and goods; collecting freight charges; and handling settlements. As of December 31, 2025, the company operated 113 container ships; and 10 bulk carriers with a capacity of 265,700 deadweight tons. Ningbo Ocean Shipping Co., Ltd. was incorporated in 1992 and is based in Ningbo, China. Ningbo Ocean Shipping Co., Ltd. operates as a subsidiary of Ningbo Zhoushan Port Company Limited.