Ningbo Marine Co (SHSE:600798) Tax Rate %: -470.78% (As of Jun. 2026)

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SHSE:600798 Ningbo Marine Co Ltd SHSE:600798
69 GF Score
Price ¥3.31
GF Value ¥4.45
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ningbo Marine Co Tax Rate %?

Ningbo Marine Co SHSE:600798 69 Tax Rate % is -470.78% as of Jun. 2026. GuruFocus rates SHSE:600798 with a GF Score™ of 69/100 and a GF Value™ of ¥4.45 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ningbo Marine Co's Tax Expense for the three months ended in Jun. 2026 was ¥-8 Mil. Ningbo Marine Co's Pre-Tax Income for the three months ended in Jun. 2026 was ¥2 Mil. Therefore, Ningbo Marine Co's Tax Rate % for the quarter that ended in Jun. 2026 was -470.78%.

Ningbo Marine Co Tax Rate % Related Terms

Ningbo Marine Co Tax Rate % Historical Data

* Premium members only.

The historical data trend for Ningbo Marine Co's Tax Rate % 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 Tax Rate % Chart

Ningbo Marine Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.32 22.81 24.84 43.46 33.94

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
Tax Rate % 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 9.53 35.52 17.24 -4.55 -470.78
SHSE:600798
69GF Score
Ningbo Marine Co Ltd SHSE:600798
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Marine Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Ningbo Marine Co's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=23.612/69.576
=33.94 %

Ningbo Marine Co's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=-8.121/1.725
=-470.78 %

* 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 Tax Rate % →
What does a Tax Rate % of -470.78% mean?
Ningbo Marine Co (SHSE:600798) has a Tax Rate % of -470.78% as of Jun. 2026.
Is Ningbo Marine Co's Tax Rate % too high?
Ningbo Marine Co's current Tax Rate % is -470.78%. Overall, Ningbo Marine Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Marine Co's Tax Rate % compare to competitors?
Ningbo Marine Co's Tax Rate % of -470.78% can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Transportation company?
A good Tax Rate % depends on the Transportation industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Ningbo Marine Co's current Tax Rate % is -470.78%. 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 ¥3.31 — trading 25.6% below its estimated fair value. The current Tax Rate % is -470.78%. Ningbo Marine Co's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Ningbo Marine Co (SHSE:600798), the current Tax Rate % is -470.78% 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 ¥3.31 is trading 25.6% below its estimated GF Value™ of ¥4.45. GuruFocus considers Ningbo Marine Co to be Modestly Undervalued.

Key valuation signals for SHSE:600798:

  • Tax Rate %: -470.78%
  • GF Value™: ¥4.45 vs. price of ¥3.31 (25.6% below fair value)
  • GF Score™: 69/100 with 5 warning signs

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.
69GF Score

Get the complete analysis for SHSE:600798

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

¥3.31
Price
¥4.45
GF Value