Ningbo Ocean Shipping Co (SHSE:601022) FCF Margin % : -20.64% (As of Mar. 2024)

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What is Ningbo Ocean Shipping Co FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Ningbo Ocean Shipping Co's Free Cash Flow for the three months ended in Mar. 2024 was ¥-241 Mil. Ningbo Ocean Shipping Co's Revenue for the three months ended in Mar. 2024 was ¥1,167 Mil. Therefore, Ningbo Ocean Shipping Co's FCF Margin % for the quarter that ended in Mar. 2024 was -20.64%.

As of today, Ningbo Ocean Shipping Co's current FCF Yield % is -3.71%.

The historical rank and industry rank for Ningbo Ocean Shipping Co's FCF Margin % or its related term are showing as below:

SHSE:601022' s FCF Margin % Range Over the Past 10 Years
Min: -18.96 Med: 2.41 Max: 6.07
Current: -11.62

During the past 6 years, the highest FCF Margin % of Ningbo Ocean Shipping Co was 6.07%. The lowest was -18.96%. And the median was 2.41%.

SHSE:601022's FCF Margin % is ranked worse than
86.99% of 976 companies
in the Transportation industry
Industry Median: 4.675 vs SHSE:601022: -11.62

Ningbo Ocean Shipping Co FCF Margin % Historical Data

The historical data trend for Ningbo Ocean Shipping Co's FCF Margin % 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.

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Ningbo Ocean Shipping Co FCF Margin % Chart

Ningbo Ocean Shipping Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Margin %

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6.07

-18.96

-16.44

5.93

-1.12

Ningbo Ocean Shipping Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Margin %	Get a 7-Day Free Trial											20.93	13.80	-8.70	-29.83	-20.64

Competitive Comparison of Ningbo Ocean Shipping Co's FCF Margin %

For the Marine Shipping subindustry, Ningbo Ocean Shipping Co's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ningbo Ocean Shipping Co's FCF Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ningbo Ocean Shipping Co's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Ningbo Ocean Shipping Co's FCF Margin % falls into.

Ningbo Ocean Shipping Co FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Ningbo Ocean Shipping Co's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-50.181	/	4469.132
	=	-1.12 %

Ningbo Ocean Shipping Co's FCF Margin for the quarter that ended in Mar. 2024 is calculated as

FCF Margin	=	Free Cash Flow (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	-240.869	/	1167.072
	=	-20.64 %

Ningbo Ocean Shipping Co FCF Margin % Related Terms

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Ningbo Ocean Shipping Co (SHSE:601022) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ningbo Ocean Shipping Co Ltd (SHSE:601022) » Definitions » FCF Margin %

Traded in Other Exchanges

N/A

Address

Building 2, Bei'an Fortune Center,, Jiangbei District, Zhejiang Province, Ningbo, CHN, 315020

Website

http://www.nbosco.com

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.

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