600051—56

Ningbo United Group Co Ltd

CoalVerified

Score breakdown

Profitability+32Sentiment+15Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion83AI synthesis40Observations23

Ningbo United Group Co Ltd (600051.SS) is currently classified as Integrated Oil & Gas within Coal (Energy). Classification confidence: 0.92 (verified market data). Capital structure on the latest snapshot: total assets 4,500,398,360 CNY, total equity 3,413,876,260, short-term debt 0, long-term debt 144,433,580. Net cash position is approximately -144,433,580 CNY. Profitability profile: revenue 1,267,561,250, gross profit 139,444,590, operating income 53,840,890, net income 84,387,430. Return on equity ~2.5%. Return on assets ~1.9%. Operating-cash-flow to net-income ratio is 5.25. Risk profile from automated assessment: liquidity risk medium, dilution risk low. Flags: Net cash is negative after subtracting total debt.. Comparable peers identified within the same class: Chevron, Shell, BP.

Profile

CompanyNingbo United Group Co Ltd

Ticker600051.SS

SectorEnergy

BusinessEnergy - Fossil Fuels

Industry groupEnergy - Fossil Fuels

IndustryCoal

AI analysis

Business. Ningbo United Group Co Ltd is classified under Energy / Coal and appears profitable on the latest normalized snapshot.

Classification. Classification confidence is 0.92 based on verified market data; matched terms: Coal, Energy - Fossil Fuels, Energy.

Key takeaways

Return on equity is about 2.5%.
Debt to equity is about 0.04x.
Likely peers from the same classification include Chevron, Shell, BP.
Analyst estimate: Last actual EPS = 0.41 CNY

Financial snapshot

PeriodHA-latest

CurrencyCNY

Revenue$1.27B

Gross profit$139.4M

Operating income$53.8M

Net income$84.4M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$443.0M

CapEx-$27.0M

Free cash flow$4.4M

Total assets$4.50B

Total liabilities$1.09B

Total equity$3.41B

Cash & equivalents—

Long-term debt$144.4M

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0$1.27B$53.8M$84.4M$4.4M

FY-1$1.79B$73.7M$81.2M$10.3M

FY-2$1.76B$99.7M$106.2M$16.4M

FY-3$2.66B$214.0M$150.0M$121.9M

FY-4$3.73B$545.9M$249.4M$355.0M

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0$4.50B$3.41B——

FY-1$5.21B$3.37B——

FY-2$5.55B$3.32B——

FY-3$6.41B$3.25B——

FY-4$6.11B$3.14B——

PeriodOCFCapExFCFSBC

FY0$443.0M-$27.0M$4.4M—

FY-1-$42.0M-$35.1M$10.3M—

FY-2$87.8M-$29.2M$16.4M—

FY-3-$353.2M-$20.7M$121.9M—

FY-4-$222.5M-$40.9M$355.0M—

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

FQ0$149.0M$7.3M$5.4M—

FQ-1$377.0M$29.6k$17.3M—

FQ-2$302.1M$25.6M$32.0M—

FQ-3$266.4M$22.3M$21.1M—

FQ-4$322.0M$5.9M$14.0M—

FQ-5$775.2M$52.4M$26.1M—

FQ-6$577.3M-$1.7M$10.2M—

FQ-7$234.8M$25.6M$37.7M—

PeriodGross %Op %Net %FCF %

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodAssetsEquityCashDebt

FQ0$4.55B$3.42B$1.04B—

FQ-1$4.50B$3.41B——

FQ-2$4.87B$3.40B$909.5M—

FQ-3$4.78B$3.37B——

FQ-4$5.10B$3.38B$1.10B—

FQ-5$5.21B$3.37B——

FQ-6$5.28B$3.34B$986.7M—

FQ-7$5.25B$3.33B——

PeriodOCFCapExFCFSBC

FQ0$60.2M-$7.5M——

FQ-1$443.0M-$27.0M——

FQ-2$426.4M-$17.4M——

FQ-3$343.7M-$12.4M——

FQ-4$96.2M-$3.5M——

FQ-5-$42.0M-$35.1M——

FQ-6-$1.8M-$17.7M——

FQ-7-$133.6M-$11.2M——

Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$3.41B

Net cash-$144.4M

Current ratio4.0

Debt/Equity0.0

ROA1.9%

ROE2.5%

Cash conversion5.2%

CapEx/Revenue-2.1%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Integrated Oil & Gas · cohort 13 companies

Metric600051Activity

Op margin4.2%34.6% medp25 5.3% · p75 45.5%bottom quartile

Net margin6.7%15.1% medp25 8.7% · p75 115.0%bottom quartile

Gross margin11.0%22.2% medp25 10.4% · p75 36.0%below median

R&D / revenue—0.4% medp25 0.4% · p75 0.4%

CapEx / revenue-2.1%8.5% medp25 8.5% · p75 10.7%bottom quartile

Debt / equity4.0%13.2% medp25 13.2% · p75 33.1%bottom quartile

Observations

IR observations

Last actual EPS0.41 CNY

Last actual revenue3,157,360,000 CNY

Competitor context

CVXChevronUSPeer

Derived from classification anchor Integrated Oil & Gas.

Coal, Energy - Fossil Fuels, Energy

SHELShellUSPeer

Derived from classification anchor Integrated Oil & Gas.

Coal, Energy - Fossil Fuels, Energy

BPBPUSPeer

Derived from classification anchor Integrated Oil & Gas.

Coal, Energy - Fossil Fuels, Energy

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-04 12:46 UTC#80963800

Source: analysis-pipeline (hybrid)Generated: 2026-05-07 04:19 UTCJob: 39be4ebc