---
title: "Ningbo Ocean Shipping Co., Ltd. (601022.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/601022.SH.md"
symbol: "601022.SH"
name: "Ningbo Ocean Shipping Co., Ltd."
industry: "Marine Transportation"
datetime: "2026-05-01T14:08:53.561Z"
locales:
  - [en](https://longbridge.com/en/quote/601022.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/601022.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/601022.SH.md)
---

# Ningbo Ocean Shipping Co., Ltd. (601022.SH)

## Company Overview

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.

| Item | Detail |
|------|--------|
| Industry | Marine Transportation |
| Exchange | CN Market |
| Website | [www.nbosco.com](https://www.nbosco.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: B
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-01T04:30:12.000Z

**Overall: B (0.31)**

**Industry**: Marine Transportation

| Metric | Value |
|--------|-------|
| Industry Ranking | 5 / 13 |
| Industry Median | B |
| Industry Average | B |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 15.11% |  |
| Net Profit YoY | 10.07% |  |
| P/B Ratio | 1.80 |  |
| Dividend Ratio | 2.47% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 11316523158.89 |  |
| Revenue | 6295762462.73 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 10.11% | B |
| Profit Margin | 9.81% | B |
| Gross Margin | 15.94% | D |
| Revenue YoY | 15.11% | B |
| Net Profit YoY | 10.07% | C |
| Total Assets YoY | 7.31% | B |
| Net Assets YoY | 5.49% | C |
| Cash Flow Margin | 220.65% | B |
| OCF YoY | 15.11% | B |
| Turnover | 0.71 | B |
| Gearing Ratio | 31.15% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Ningbo Ocean Shipping Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "15.11%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "10.07%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.80",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "2.47%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "11316523158.89",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "6295762462.73",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "10.11%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "9.81%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "15.94%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "15.11%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "10.07%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "7.31%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "5.49%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "220.65%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "15.11%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.71",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "31.15%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 18.32 | 8/13 | 22.63 | 19.41 | 17.85 |
| PB | 1.80 | 9/13 | 2.21 | 2.11 | 1.99 |
| PS (TTM) | 1.80 | 4/13 | 2.36 | 2.20 | 2.00 |
| Dividend Yield | 2.47% | 6/13 | 2.32% | 2.14% | 1.28% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Cosco Shipping Specialized (600428.SH) | B | A | B | D | A | B |
| 02 | Antong Holdings (600179.SH) | B | B | B | B | B | B |
| 03 | JJ SHIPPING (601083.SH) | B | B | B | A | B | B |
| 04 | Highton Development (603162.SH) | B | B | B | B | A | B |
| 05 | NBOSCO (601022.SH) | B | B | B | B | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/601022.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/601022.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/601022.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/601022.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**