Ningbo Ocean Shipping Co Ltd
SSE:601022
Operating Margin
Ningbo Ocean Shipping Co Ltd
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| CN |
N
|
Ningbo Ocean Shipping Co Ltd
SSE:601022
|
13B CNY |
13%
|
|
| GR |
|
Capital Clean Energy Carriers Corp
NASDAQ:CCEC
|
2.8B USD |
53%
|
|
| CL |
C
|
Compania Sud Americana de Vapores SA
SGO:VAPORES
|
2.4T CLP | N/A | |
| RU |
|
Dal'nevostochnoye Morskoye Parokhodstvo PAO
MOEX:FESH
|
174.1B RUB |
20%
|
|
| ID |
|
Transcoal Pacific Tbk PT
IDX:TCPI
|
26.8T IDR |
19%
|
|
| SE |
R
|
Rederi Gotland AB
STO:GOTL B
|
6.7B SEK | N/A | |
| IS |
E
|
Eimskipafelag Islands hf
ICEX:EIM
|
58.7B ISK |
4%
|
|
| ID |
|
Samudera Indonesia Tbk PT
IDX:SMDR
|
5.5T IDR |
14%
|
|
| CN |
S
|
Seacon Shipping Group Holdings Ltd
HKEX:2409
|
2.2B HKD |
16%
|
|
| CL |
G
|
Grupo Empresas Navieras SA
SGO:NAVIERA
|
255.7B CLP |
9%
|
|
| ID |
|
Batulicin Nusantara Maritim Tbk PT
IDX:BESS
|
4.1T IDR |
25%
|
Ningbo Ocean Shipping Co Ltd
Glance View
Nestled along the bustling maritime avenues of Ningbo, Ningbo Ocean Shipping Co Ltd emerges as a vital cog in China's vast logistics network. Its roots dig deep into the country's rich tradition of trade, where the company stands as a testament to the evolution of sea freight services. Utilizing its fleet of modern vessels, the company predominantly specializes in the carriage of bulk goods, ranging from raw minerals and grains to a variety of other essential commodities. The crux of its operations involves optimizing shipping routes and ensuring timely deliveries, which are vital in maintaining the seamless flow of global trade. This proficiency not only strengthens connections across major international ports but also cements its reputation within the competitive shipping industry. On the financial front, Ningbo Ocean Shipping Co Ltd's revenue stream rides the waves of freight charges levied for its shipping services. By building strategic partnerships with manufacturers and traders, the company has capitalized on long-term contracts that provide consistent income. It deftly navigates the intricate waters of fluctuating fuel prices, market demand, and global economic trends to sustain profitability. Moreover, the company extends its business model beyond just shipping services, venturing into logistics management and port operations, thereby broadening its spectrum of income sources. This diversification strategy allows Ningbo Ocean Shipping to maintain resilience against the cyclical nature of the maritime industry, ensuring its steady growth amidst the ever-changing tides of global commerce.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Ningbo Ocean Shipping Co Ltd's most recent financial statements, the company has Operating Margin of 12.9%.
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