Ningbo Ocean Shipping Co (SHSE:601022) Total Liabilities: ¥2,847 Mil (As of Mar. 2026)

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SHSE:601022 Ningbo Ocean Shipping Co Ltd SHSE:601022
54 GF Score
Price ¥7.95
GF Value ¥11.53
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Ningbo Ocean Shipping Co Total Liabilities?

Ningbo Ocean Shipping Co SHSE:601022 -0.50% 54 Total Liabilities is ¥2,847 Mil as of Mar. 2026. GuruFocus rates SHSE:601022 with a GF Score™ of 54/100 and a GF Value™ of ¥11.53 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Ningbo Ocean Shipping Co's Total Liabilities for the quarter that ended in Mar. 2026 was ¥2,847 Mil.

Ningbo Ocean Shipping Co's quarterly Total Liabilities declined from Sep. 2025 (¥2,728.63 Mil) to Dec. 2025 (¥2,649.24 Mil) but then increased from Dec. 2025 (¥2,649.24 Mil) to Mar. 2026 (¥2,846.80 Mil).

Ningbo Ocean Shipping Co's annual Total Liabilities declined from Dec. 2023 (¥2,462.82 Mil) to Dec. 2024 (¥2,411.54 Mil) but then increased from Dec. 2024 (¥2,411.54 Mil) to Dec. 2025 (¥2,649.24 Mil).

Ningbo Ocean Shipping Co Total Liabilities Historical Data

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The historical data trend for Ningbo Ocean Shipping Co's Total Liabilities 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 Total Liabilities Chart

Ningbo Ocean Shipping Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial 2,267.04 1,863.30 2,462.82 2,411.54 2,649.24

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
Total Liabilities 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 2,551.97 2,558.00 2,728.63 2,649.24 2,846.80
SHSE:601022
54GF Score
Ningbo Ocean Shipping Co Ltd SHSE:601022
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Ocean Shipping Co Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=2265.833+(87.901+295.501
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=2,649

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=8793.219-6143.984
=2,649

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=1965.765+(596.589+284.446
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=2,847

Total Liabilities=Total Assets (Q: Mar. 2026 )-Total Equity (Q: Mar. 2026 )
=9137.653-6290.853
=2,847

* 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 Total Liabilities →
What does a Total Liabilities of ¥2,847 Mil mean?
Ningbo Ocean Shipping Co (SHSE:601022) has a Total Liabilities of ¥2,847 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Ningbo Ocean Shipping Co and its competitors.
Is Ningbo Ocean Shipping Co's Total Liabilities too high?
Ningbo Ocean Shipping Co's current Total Liabilities is ¥2,847 Mil. Overall, Ningbo Ocean Shipping Co has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Ocean Shipping Co's Total Liabilities compare to competitors?
Ningbo Ocean Shipping Co's Total Liabilities of ¥2,847 Mil 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 Total Liabilities for a Transportation company?
A good Total Liabilities depends on the Transportation industry context. However, Total Liabilities 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 Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Ningbo Ocean Shipping Co and its competitors. Ningbo Ocean Shipping Co's current Total Liabilities is ¥2,847 Mil. 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 ¥11.53, compared to a current price of ¥7.95 — trading 31% below its estimated fair value. The current Total Liabilities is ¥2,847 Mil. Ningbo Ocean Shipping Co's overall GF Score™ is 54/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Ningbo Ocean Shipping Co (SHSE:601022), the current Total Liabilities is ¥2,847 Mil 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 ¥7.95 is trading 31% below its estimated GF Value™ of ¥11.53. GuruFocus considers Ningbo Ocean Shipping Co to be Significantly Undervalued.

Key valuation signals for SHSE:601022:

  • Total Liabilities: ¥2,847 Mil
  • GF Value™: ¥11.53 vs. price of ¥7.95 (31% below fair value)
  • GF Score™: 54/100 with 3 warning signs

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.
54GF Score

Get the complete analysis for SHSE:601022

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

¥7.95
Price
¥11.53
GF Value