Ningbo Marine Company Limited

Shanghai Stock Exchange 600798.SS

Ningbo Marine Company Limited Return on Equity (ROE) for the year ending December 31, 2023: 2.81%

Ningbo Marine Company Limited Return on Equity (ROE) is 2.81% for the year ending December 31, 2023, a -39.99% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Ningbo Marine Company Limited Return on Equity (ROE) for the year ending December 31, 2022 was 4.69%, a -58.50% change year over year.
Ningbo Marine Company Limited Return on Equity (ROE) for the year ending December 31, 2021 was 11.30%, a 56.31% change year over year.
Ningbo Marine Company Limited Return on Equity (ROE) for the year ending December 31, 2020 was 7.23%, a -21.94% change year over year.
Ningbo Marine Company Limited Return on Equity (ROE) for the year ending December 31, 2019 was 9.26%, a 35.33% change year over year.

Key data

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

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