Ningbo Ocean Shipping Co (SHSE:601022) Net Margin %: 8.89% (As of Mar. 2026) — 16% Below Median


SHSE:601022 Ningbo Ocean Shipping Co Ltd SHSE:601022
78 GF Score
Price ¥7.85
GF Value ¥11.50
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Ningbo Ocean Shipping Co Net Margin %?

Ningbo Ocean Shipping Co SHSE:601022 +1.29% 78 Net Margin % is 8.89% as of Mar. 2026, which is 16% below its 10-year median of 10.61. GuruFocus rates SHSE:601022 with a GF Score™ of 78/100 and a GF Value™ of ¥11.50 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,000 Transportation companies, Ningbo Ocean Shipping Co ranks better than 67.5% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Ningbo Ocean Shipping Co's Net Income for the three months ended in Mar. 2026 was ¥140 Mil. Ningbo Ocean Shipping Co's Revenue for the three months ended in Mar. 2026 was ¥1,570 Mil. Therefore, Ningbo Ocean Shipping Co's net margin for the quarter that ended in Mar. 2026 was 8.89%.

The historical rank and industry rank for Ningbo Ocean Shipping Co's Net Margin % or its related term are showing as below:

SHSE:601022' s Net Margin % Range Over the Past 10 Years
Min: 3.03   Med: 10.61   Max: 14.05
Current: 9.81


SHSE:601022's Net Margin % is ranked better than
67.5% of 1000 companies
in the Transportation industry
Industry Median: 4.98 vs SHSE:601022: 9.81

Ningbo Ocean Shipping Co  (SHSE:601022) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Ningbo Ocean Shipping Co Net Margin % Related Terms


Ningbo Ocean Shipping Co Net Margin % Historical Data

* Premium members only.

The historical data trend for Ningbo Ocean Shipping Co's Net Margin % 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 Ocean Shipping Co Net Margin % Chart

Ningbo Ocean Shipping Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial 13.65 14.05 11.28 10.50 10.71

Ningbo Ocean Shipping Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 12.76 13.02 9.82 7.58 8.89

Ningbo Ocean Shipping Co Net Margin % Competitor Comparison

For the Marine Shipping subindustry, Ningbo Ocean Shipping Co's Net Margin %, along with its competitors' market caps and Net Margin % 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 Ocean Shipping Co Net Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Ningbo Ocean Shipping Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ningbo Ocean Shipping Co's Net Margin % falls into.


SHSE:601022
78GF Score
Ningbo Ocean Shipping Co Ltd SHSE:601022
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Ocean Shipping Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Ningbo Ocean Shipping Co's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=654.09/6107.367
=10.71 %

Ningbo Ocean Shipping Co's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=139.599/1569.94
=8.89 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 8.89% mean?
Ningbo Ocean Shipping Co (SHSE:601022) has a Net Margin % of 8.89% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Ningbo Ocean Shipping Co and its competitors. This is 16% below median its historical median of 10.61. Over the past decade, Ningbo Ocean Shipping Co's Net Margin % has ranged from 3.03 to 14.05. According to the industry distribution chart, Ningbo Ocean Shipping Co ranks #325 out of 1000 companies in the Transportation industry, placing it in the top 32.5%.
Is Ningbo Ocean Shipping Co's Net Margin % too high?
Ningbo Ocean Shipping Co's current Net Margin % of 8.89% is 16% below median its 10-year median of 10.61. Over the past 10 years, this metric has ranged from a low of 3.03 to a high of 14.05. The Transportation industry median Net Margin % is 4.98. Ningbo Ocean Shipping Co's value of 8.89% is 78.5% above this industry median. Based on the distribution chart, Ningbo Ocean Shipping Co ranks #325 out of 1000 companies in the Transportation industry, which is above the industry midpoint. Overall, Ningbo Ocean Shipping Co has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Ocean Shipping Co's Net Margin % compare to competitors?
According to the Transportation industry distribution chart, Ningbo Ocean Shipping Co ranks #325 out of 1000 companies for Net Margin %. This puts Ningbo Ocean Shipping Co in the upper half of its industry. The industry median Net Margin % is 4.98. Ningbo Ocean Shipping Co's value of 8.89% is 78.5% above this benchmark. Historically, Ningbo Ocean Shipping Co's own Net Margin % has ranged from 3.03 to 14.05 over the past decade. While the company's 10-year median is 10.61 vs. the industry median of 4.98, Ningbo Ocean Shipping 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 Net Margin % for a Transportation company?
The median Net Margin % among Transportation companies is 4.98, based on 1,000 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ningbo Ocean Shipping Co's current Net Margin % of 8.89% is 78.5% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Ningbo Ocean Shipping Co and its competitors. For the Transportation industry, the median Net Margin % is 4.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Ocean Shipping Co's current Net Margin % is 8.89%, which is 16% below median its own 10-year median of 10.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Ocean Shipping Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Ocean Shipping Co (SHSE:601022) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥11.50, compared to a current price of ¥7.85 — trading 31.7% below its estimated fair value. The current Net Margin % is 8.89%, which is 16% below median its 10-year median of 10.61 and 78.5% above the Transportation industry median of 4.98. Ningbo Ocean Shipping Co's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Ningbo Ocean Shipping Co (SHSE:601022), the current Net Margin % is 8.89% as of Mar. 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 Ocean Shipping Co (SHSE:601022) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Ocean Shipping Co stock appears to be undervalued. The current stock price of ¥7.85 is trading 31.7% below its estimated GF Value™ of ¥11.50. GuruFocus considers Ningbo Ocean Shipping Co to be Significantly Undervalued.

Key valuation signals for SHSE:601022:

  • Net Margin %: 8.89% (16% below median its 10-year median of 10.61)
  • GF Value™: ¥11.50 vs. price of ¥7.85 (31.7% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 78.5% above the Transportation median (#325 of 1000)

No single metric tells the full story. See the SHSE:601022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Ocean Shipping Co Business Description

Address Building 2, Bei'an Fortune Center, Jiangbei District, Zhejiang Province, Ningbo, CHN, 315020
Ningbo Ocean Shipping Co Ltd specializing in the operation of cross-strait, China-Japan, China-Korea, Southeast Asia container liner routes and domestic container public transportation.
78GF Score

Get the complete analysis for SHSE:601022

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥7.85
Price
¥11.50
GF Value