Which companies are Ningbo Marine's closest peers?

The cockpit's peer set: Rederiaktiebolaget Gotland (GOTL-A.ST), Dong Fang Offshore (7786.TW), Xingtong Shipping (603209.SS), Sincere Navigation (2605.TW), Solstad Offshore (SOFF.OL), Phoenix Shipping (Wuhan) (000520.SZ), Klaveness Combination Carriers (KCC.OL), Pangaea Logistics Solutions (PANL).

How has Ningbo Marine stock performed?

Over six months to 6 Nov 2026 the shares returned -12.4% against -2.7% for the median peer; over one year -22.4%.

← CockpitCompetitor Analysis › 600798.SS Ningbo Marine Company Limited Class AOpen in the cockpit ↗

Ningbo Marine Company Limited Class A600798.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Marine Shipping

Momentum strong 66

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$575M

US dollars, full cap

Free float

55%

of shares outstanding

$/day

$8.34M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

+0.9 pp

WACC 5.5%

Hurdle

-11 pp

Req g minus delivered

Close · CNYCN¥3.18

1D-1.2%

1W+0.6%

1M-8.4%

3M-2.5%

6M-12.4%

YTD-9.7%

1Y-22.4%

ATR %2.9%

52w lowhigh31.5% off high

What Ningbo Marine does

Employees: 799

Ningbo Marine at a glance

Size Ningbo Marine (600798.SS) is a China Industrials company (Marine Shipping) with a market value of $575M, the 3525th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.18 on 6 Nov 2026.

Performance Over six months the shares fell 12.4%, against -2.7% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 21 in its peer set.

Growth Revenue grew 38.8% over the last twelve months (peer median +21.4%); the operating margin is 3.2% (peer median 25.4%).

Valuation It trades at 1.2× enterprise value to sales against a peer median of 1.9× (4th cheapest of 20).

Price implies For today's price to make sense, revenue must grow about -8% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is -11 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 0.9 points above its cost of capital (5.5% WACC).

Relative performance

Six months, rebased to 100: Ningbo Marine against the median of its 20 peers (local-currency closes).

Ningbo Marine financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥3.82B	CN¥2.70B	CN¥2.43B	CN¥2.26B	CN¥2.07B
Revenue growth	—	+11%	+7%	+9%	—
Gross profit	CN¥631M	CN¥177M	CN¥170M	CN¥385M	CN¥343M
EBITDA	n/a	CN¥548M	CN¥539M	CN¥702M	CN¥643M
Net income	CN¥70.1M	CN¥27.4M	CN¥22.1M	CN¥112M	CN¥114M
Free cash flow	CN¥551M	CN¥570M	CN¥333M	CN¥755M	CN¥239M
Capital expenditure	CN¥76.7M	CN¥140M	CN¥143M	CN¥103M	CN¥256M
Total debt	CN¥758M	CN¥762M	CN¥824M	CN¥1.20B	CN¥1.44B

Quarterly statements and history in the cockpit →

Ningbo Marine competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Ningbo Marine is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Ningbo Marine is the large dot.

Capital: growth delivered against growth the price implies

Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Ningbo Marine is the large dot.

Ningbo Marine competitors and peer comparison

How Ningbo Marine compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Ningbo Marine against its 20 peers (data as of 6 Nov 2026)
Measure	600798.SS	Peer median	Rank in peer set
1-month return	-8.4%	-9.8%	9th highest of 21
6-month return	-12.4%	-2.7%	5th lowest of 21
Distance from 52-week high	-31.5%	-21.1%	6th lowest of 21
Revenue growth (TTM)	+38.8%	+21.4%	5th highest of 20
Operating margin	3.2%	25.4%	3rd lowest of 21
EV / Sales	1.2×	1.9×	4th cheapest of 20
Growth the price implies (Req g, 7 yrs)	-7.5%	1.6%	5th least demanding of 12
Growth delivered (Del g)	+3.5%	+10.1%	3rd lowest of 11
Hurdle (Req g minus delivered)	-11.0 pp	-8.5 pp	5th least demanding of 11
ROIC minus cost of capital	+0.9 pp	+1.6 pp	10th lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Ningbo Marine 600798.SS	China	$575M	-12%	+39%	3%	1.2×	-7.5%	+3.5%
Rederiaktiebolaget Gotland GOTL-A.ST	Sweden	$582M	-16%	+42%	1%	0.7×	n/a	n/a
Dong Fang Offshore 7786.TW	Taiwan	$583M	-19%	+52%	19%	1.9×	n/a	n/a
Xingtong Shipping 603209.SS	China	$603M	-5%	+28%	25%	2.8×	n/a	n/a
Sincere Navigation 2605.TW	Taiwan	$548M	-11%	+22%	31%	1.9×	-18.5%	+2.3%
Solstad Offshore SOFF.OL	Norway	$606M	+4%	+21%	31%	3.3×	3.4%	-9.1%
Phoenix Shipping (Wuhan) 000520.SZ	China	$527M	-12%	+78%	5%	2.8×	n/a	n/a
Klaveness Combination Carriers KCC.OL	Norway	$661M	0%	+21%	26%	3.0×	n/a	n/a
Pangaea Logistics Solutions PANL	United States	$496M	-3%	+22%	9%	1.1×	1.6%	+10.5%
Himalaya Shipping HSHP.OL	Norway	$729M	-2%	+36%	61%	7.9×	-3.3%	+36.0%
Yasuda Logistics 9324.T	Japan	$453M	+12%	+2%	5%	1.6×	12.3%	+10.9%
Costamare Bulkers CMDB	United States	$449M	-4%	n/a	-3%	0.6×	-7.8%	n/a
Korea Line 005880.KS	South Korea	$420M	-30%	-19%	21%	1.6×	-12.2%	+7.6%
Euroseas ESEA	United States	$417M	-13%	+3%	59%	1.9×	n/a	n/a
Safe Bulkers SB	United States	$809M	+1%	+11%	33%	3.9×	3.6%	+6.8%
Sea1 Offshore Incorporation SEA1.OL	Norway	$406M	-12%	-23%	36%	n/a	n/a	n/a
Seacon Shipping 2409.HK	Hong Kong	$400M	+32%	+40%	11%	2.4×	4.8%	+12.7%
Algoma Central ALC.TO	Canada	$846M	+30%	+18%	34%	1.3×	n/a	n/a
Gujarat Pipavav Port GPPL.NS	India	$851M	+4%	+25%	52%	6.5×	16.2%	+9.6%
Evergreen International Storage & Transport 2607.TW	Taiwan	$897M	+18%	-15%	11%	1.5×	n/a	n/a
Taiwan Navigation 2617.TW	Taiwan	$368M	-1%	+8%	40%	3.6×	-7.9%	+11.5%

Questions

Which companies are Ningbo Marine's closest peers?: The cockpit's peer set: Rederiaktiebolaget Gotland (GOTL-A.ST), Dong Fang Offshore (7786.TW), Xingtong Shipping (603209.SS), Sincere Navigation (2605.TW), Solstad Offshore (SOFF.OL), Phoenix Shipping (Wuhan) (000520.SZ), Klaveness Combination Carriers (KCC.OL), Pangaea Logistics Solutions (PANL).
Is Ningbo Marine expensive compared with its peers?: On ev / sales it trades at 1.2× against a peer median of 1.9×, 4th cheapest of 20 in its peer set. For today's price to make sense, revenue must grow about -8% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is -11 pp: the price already allows for a slowdown.
How has Ningbo Marine stock performed?: Over six months to 6 Nov 2026 the shares returned -12.4% against -2.7% for the median peer; over one year -22.4%.