Ningbo Marine Company Limited (SHA:600798)

Ningbo Marine Company Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	3,443	2,689	2,428	2,262	2,070	2,340
Other Revenue	22.16	13.11	4.07	5.1	2.96	3.78
Revenue	3,465	2,702	2,432	2,267	2,073	2,344
Revenue Growth	35.88%	11.07%	7.31%	9.33%	-11.53%	2.70%
Cost of Revenue	3,214	2,509	2,245	1,866	1,717	1,741
Gross Profit	250.79	192.18	187.29	401.03	356.6	602.71
Selling, General & Admin	129.68	134.6	132.54	147.79	121.71	118.28
Research & Development	1.17	0.19	0.19	-	-	0.22
Other Operating Expenses	10.48	2.83	3.41	4.4	7.51	10.31
Operating Expenses	143.39	137	136.48	151.81	129.3	128.37
Operating Income	107.4	55.18	50.81	249.22	227.3	474.34
Interest Expense	-25.2	-28.05	-36.6	-51.98	-63.54	-77.47
Interest & Investment Income	13.73	11.14	23.09	36.27	7.99	9.9
Currency Exchange Gain (Loss)	-0.96	-0.53	0.55	-0.08	0.04	0.1
Other Non Operating Income (Expenses)	-2.07	-0.25	-0.32	0.07	-0.29	-0.25
EBT Excluding Unusual Items	92.89	37.5	37.53	233.49	171.5	406.63
Gain (Loss) on Sale of Investments	-15.2	22.07	-4.64	-52.55	8.84	81.44
Gain (Loss) on Sale of Assets	0.07	2.47	0.01	31.89	22.4	55.16
Asset Writedown	0	0	-2	-	-	0
Other Unusual Items	11.69	7.54	25.01	20.59	33.86	34.7
Pretax Income	89.46	69.58	55.91	233.42	236.6	577.93
Income Tax Expense	13.46	23.61	24.3	57.99	53.97	140.53
Earnings From Continuing Operations	76	45.96	31.61	175.43	182.63	437.4
Minority Interest in Earnings	-18.78	-18.59	-9.49	-63.67	-68.88	-122.5
Net Income	57.22	27.38	22.12	111.76	113.75	314.9
Net Income to Common	57.22	27.38	22.12	111.76	113.75	314.9
Net Income Growth	4394.20%	23.75%	-80.20%	-1.75%	-63.88%	89.44%
Shares Outstanding (Basic)	1,205	1,206	1,209	1,207	1,206	1,207
Shares Outstanding (Diluted)	1,205	1,206	1,209	1,207	1,206	1,207
Shares Change	-0.26%	-0.24%	0.17%	0.06%	-0.02%	0.02%
EPS (Basic)	0.05	0.02	0.02	0.09	0.09	0.26
EPS (Diluted)	0.05	0.02	0.02	0.09	0.09	0.26
EPS Growth	4409.97%	24.04%	-80.24%	-1.80%	-63.87%	89.41%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	537.36	564.17	328.29	722.42	235.6	609.5
Free Cash Flow Per Share	0.45	0.47	0.27	0.60	0.20	0.51
Dividend Per Share	0.020	0.020	0.020	0.030	0.030	0.080
Dividend Growth	0%	0%	-33.33%	0%	-62.50%	33.33%
Gross Margin	7.24%	7.11%	7.70%	17.69%	17.20%	25.72%
Operating Margin	3.10%	2.04%	2.09%	10.99%	10.96%	20.24%
Profit Margin	1.65%	1.01%	0.91%	4.93%	5.49%	13.44%
Free Cash Flow Margin	15.51%	20.88%	13.50%	31.87%	11.36%	26.01%
EBITDA	582.29	528.01	542.1	680.68	623.35	856.92
EBITDA Margin	16.80%	19.54%	22.29%	30.03%	30.06%	36.56%
D&A For EBITDA	474.89	472.83	491.29	431.47	396.06	382.58
EBIT	107.4	55.18	50.81	249.22	227.3	474.34
EBIT Margin	3.10%	2.04%	2.09%	10.99%	10.96%	20.24%
Effective Tax Rate	15.04%	33.94%	43.46%	24.84%	22.81%	24.32%
Revenue as Reported	3,465	2,702	2,432	2,267	2,073	2,344

Data Source: S&P Global Market Intelligence Last updated: Aug 24, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 13, 2026

Data Sources Report a data error