Ningbo Marine Co (SHSE:600798) Debt-to-EBITDA : 23.97 (As of Jun. 2026) — 1015% Above Median

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SHSE:600798 Ningbo Marine Co Ltd SHSE:600798
62 GF Score
Price ¥3.28
GF Value ¥4.45
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Ningbo Marine Co Debt-to-EBITDA?

Ningbo Marine Co SHSE:600798 -1.20% 62 Debt-to-EBITDA is 23.97 as of Jun. 2026, which is 1015% above its 10-year median of 2.15. GuruFocus rates SHSE:600798 with a GF Score™ of 62/100 and a GF Value™ of ¥4.45 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 872 Transportation companies, Ningbo Marine Co ranks worse than 82.45% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Ningbo Marine Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥260 Mil. Ningbo Marine Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥494 Mil. Ningbo Marine Co's annualized EBITDA for the quarter that ended in Jun. 2026 was ¥31 Mil. Ningbo Marine Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 23.97.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Ningbo Marine Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600798' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.28   Med: 2.15   Max: 6.57
Current: 6.57

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ningbo Marine Co was 6.57. The lowest was 1.28. And the median was 2.15.

SHSE:600798's Debt-to-EBITDA is ranked worse than
82.45% of 872 companies
in the Transportation industry
Industry Median: 2.62 vs SHSE:600798: 6.57

Ningbo Marine Co  (SHSE:600798) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Ningbo Marine Co Debt-to-EBITDA Related Terms


Ningbo Marine Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ningbo Marine Co's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ningbo Marine Co Debt-to-EBITDA Chart

Ningbo Marine Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 2.01 1.62 1.41 1.28

Ningbo Marine Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.09 13.35 2.16 -24.16 23.97

Ningbo Marine Co Debt-to-EBITDA Competitor Comparison

For the Marine Shipping subindustry, Ningbo Marine Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ningbo Marine Co Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Ningbo Marine Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ningbo Marine Co's Debt-to-EBITDA falls into.


SHSE:600798
62GF Score
Ningbo Marine Co Ltd SHSE:600798
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Marine Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Ningbo Marine Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(199.188 + 563.245) / 596.046
=1.28

Ningbo Marine Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(259.914 + 493.523) / 31.428
=23.97

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 23.97 mean?
Ningbo Marine Co (SHSE:600798) has a Debt-to-EBITDA of 23.97 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Ningbo Marine Co. This is 1015% above median its historical median of 2.15. Over the past decade, Ningbo Marine Co's Debt-to-EBITDA has ranged from 1.28 to 6.57. According to the industry distribution chart, Ningbo Marine Co ranks #719 out of 872 companies in the Transportation industry, placing it in the top 82.5%.
Is Ningbo Marine Co's Debt-to-EBITDA too high?
Ningbo Marine Co's current Debt-to-EBITDA of 23.97 is 1015% above median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 6.57. The Transportation industry median Debt-to-EBITDA is 2.62. Ningbo Marine Co's value of 23.97 is 814.9% above this industry median. Based on the distribution chart, Ningbo Marine Co ranks #719 out of 872 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Ningbo Marine Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Marine Co's Debt-to-EBITDA compare to competitors?
According to the Transportation industry distribution chart, Ningbo Marine Co ranks #719 out of 872 companies for Debt-to-EBITDA. This places Ningbo Marine Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.62. Ningbo Marine Co's value of 23.97 is 814.9% above this benchmark. Historically, Ningbo Marine Co's own Debt-to-EBITDA has ranged from 1.28 to 6.57 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 2.62, Ningbo Marine Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.62, based on 872 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ningbo Marine Co's current Debt-to-EBITDA of 23.97 is 814.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Ningbo Marine Co. For the Transportation industry, the median Debt-to-EBITDA is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Marine Co's current Debt-to-EBITDA is 23.97, which is 1015% above median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Marine Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Marine Co (SHSE:600798) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.45, compared to a current price of ¥3.28 — trading 26.3% below its estimated fair value. The current Debt-to-EBITDA is 23.97, which is 1015% above median its 10-year median of 2.15 and 814.9% above the Transportation industry median of 2.62. Ningbo Marine Co's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Ningbo Marine Co (SHSE:600798), the current Debt-to-EBITDA is 23.97 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ningbo Marine Co (SHSE:600798) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Marine Co stock appears to be undervalued. The current stock price of ¥3.28 is trading 26.3% below its estimated GF Value™ of ¥4.45. GuruFocus considers Ningbo Marine Co to be Modestly Undervalued.

Key valuation signals for SHSE:600798:

  • Debt-to-EBITDA: 23.97 (1015% above median its 10-year median of 2.15)
  • GF Value™: ¥4.45 vs. price of ¥3.28 (26.3% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 814.9% above the Transportation median (#719 of 872)

No single metric tells the full story. See the SHSE:600798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Marine Co Business Description

Address North-Bank Fortune Centre, Building 1, Jiangbei District, Zhejiang, Ningbo, CHN, 315020
Ningbo Marine Co Ltd is a China-based company mainly engaged in the transportation of goods on China's coastal Yangtze River, as well as international ocean shipping and investing in transportation infrastructure and transportation service facilities. Its activities include transportation service facilities; import and export of self-operated and agent goods and technologies, except for goods and technologies that are restricted or prohibited by the state; apply for training, examinations, provide related activities such as manning for domestic sailing ships, and others.
62GF Score

Get the complete analysis for SHSE:600798

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥3.28
Price
¥4.45
GF Value