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Ningbo Ocean Shipping Co (SHSE:601022) ROE % Adjusted to Book Value : 4.46% (As of Sep. 2024)


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What is Ningbo Ocean Shipping Co ROE % Adjusted to Book Value?

Ningbo Ocean Shipping Co's ROE % for the quarter that ended in Sep. 2024 was 9.18%. Ningbo Ocean Shipping Co's PB Ratio for the quarter that ended in Sep. 2024 was 2.06. Ningbo Ocean Shipping Co's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2024 was 4.46%.


Ningbo Ocean Shipping Co ROE % Adjusted to Book Value Historical Data

The historical data trend for Ningbo Ocean Shipping Co's ROE % Adjusted to Book Value 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.

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Ningbo Ocean Shipping Co ROE % Adjusted to Book Value Chart

Ningbo Ocean Shipping Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE % Adjusted to Book Value
Get a 7-Day Free Trial - - - 4.55 3.57

Ningbo Ocean Shipping Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROE % Adjusted to Book Value 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 2.54 3.21 5.83 3.78 4.46

Competitive Comparison of Ningbo Ocean Shipping Co's ROE % Adjusted to Book Value

For the Marine Shipping subindustry, Ningbo Ocean Shipping Co's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ningbo Ocean Shipping Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Ningbo Ocean Shipping Co's ROE % Adjusted to Book Value falls into.



Ningbo Ocean Shipping Co ROE % Adjusted to Book Value Calculation

Ningbo Ocean Shipping Co's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=9.52% / 2.67
=3.57%

Ningbo Ocean Shipping Co's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=9.18% / 2.06
=4.46%

* 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 ROE % Adjusted to Book Value Related Terms

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Ningbo Ocean Shipping Co 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.

Ningbo Ocean Shipping Co Headlines

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