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Ningbo Ocean Shipping Co (SHSE:601022) Pre-Tax Income : ¥674 Mil (TTM As of Mar. 2024)


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What is Ningbo Ocean Shipping Co Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Ningbo Ocean Shipping Co's pretax income for the three months ended in Mar. 2024 was ¥219 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥674 Mil. Ningbo Ocean Shipping Co's pretax margin was 18.78%.

During the past 6 years, Ningbo Ocean Shipping Co's highest Pretax Margin was 18.90%. The lowest was 4.21%. And the median was 14.22%.


Ningbo Ocean Shipping Co Pre-Tax Income Historical Data

The historical data trend for Ningbo Ocean Shipping Co's Pre-Tax Income 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.

* Premium members only.

Ningbo Ocean Shipping Co Pre-Tax Income Chart

Ningbo Ocean Shipping Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial 256.24 412.79 688.96 901.34 662.58

Ningbo Ocean Shipping Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income 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 207.54 194.02 107.21 153.81 219.12

Competitive Comparison of Ningbo Ocean Shipping Co's Pre-Tax Income

For the Marine Shipping subindustry, Ningbo Ocean Shipping Co's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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's Pre-Tax Income Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ningbo Ocean Shipping Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Ningbo Ocean Shipping Co's Pre-Tax Income falls into.



Ningbo Ocean Shipping Co Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Ningbo Ocean Shipping Co's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=630.963+0+-20.288+36.433+15.475
=663

Ningbo Ocean Shipping Co's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=207.928+0+-5.289+-12.269+28.753
=219

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥674 Mil.

* 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  (SHSE:601022) Pre-Tax Income Explanation

Ningbo Ocean Shipping Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=219.123/1167.072
=18.78%

During the past 6 years, Ningbo Ocean Shipping Co's highest Pretax Margin was 18.90%. The lowest was 4.21%. And the median was 14.22%.

* 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 Pre-Tax Income Related Terms

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Ningbo Ocean Shipping Co (SHSE:601022) Business Description

Traded in Other Exchanges
N/A
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.

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