Ningbo Marine Company Limited

Shanghai Stock Exchange 600798.SS

Ningbo Marine Company Limited Return on Capital Employed (ROCE) for the year ending December 31, 2023: 4.66%

Ningbo Marine Company Limited Return on Capital Employed (ROCE) is 4.66% for the year ending December 31, 2023, a -4.49% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.

Ningbo Marine Company Limited Return on Capital Employed (ROCE) for the year ending December 31, 2022 was 4.88%, a -51.56% change year over year.
Ningbo Marine Company Limited Return on Capital Employed (ROCE) for the year ending December 31, 2021 was 10.08%, a 51.02% change year over year.
Ningbo Marine Company Limited Return on Capital Employed (ROCE) for the year ending December 31, 2020 was 6.67%, a -23.35% change year over year.
Ningbo Marine Company Limited Return on Capital Employed (ROCE) for the year ending December 31, 2019 was 8.71%, a -5.01% change year over year.

Key data

Date	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio	Return on Common Equity

Shanghai Stock Exchange: 600798.SS

Ningbo Marine Company Limited

CEO	Mr. Hai Liang Jiang
IPO Date	April 23, 1997
Location	China
Headquarters	Building 1
Employees	864
Sector	Industrials
Industries Maritime Shipping Container Shipping Logistics & Freight

Description

Ningbo Marine Company Limited, a shipping company, provides marine transportation services in China. It operates in two segments, the Shipping and Transportation; and the Highway Operations. The company is involved in the international and domestic dry bulk transportation; general cargo transportation; repair of ships and auxiliary machinery; transshipment and intermodal transportation of goods at sea; retailing; domestic labor service; house leasing; property management; and industrial investment activities. It also engages in the operation of toll road. The company is based in Ningbo, China. Ningbo Marine Company Limited is a subsidiary of Zhejiang Provincial Energy Group Company Ltd.

Key trends

Past 5 years