Announcement • May 26
COSCO SHIPPING Specialized Carriers Co.,Ltd., Annual General Meeting, Jun 15, 2026 COSCO SHIPPING Specialized Carriers Co.,Ltd., Annual General Meeting, Jun 15, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Announcement • Mar 30
COSCO SHIPPING Specialized Carriers Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 COSCO SHIPPING Specialized Carriers Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥9.16, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Shipping industry in China. Total returns to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥9.30, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Shipping industry in China. Total returns to shareholders of 36% over the past three years. Board Change • Jan 13
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Minghui Zheng was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 26
COSCO SHIPPING Specialized Carriers Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026 COSCO SHIPPING Specialized Carriers Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.22 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.18. Revenue: CN¥5.84b (up 28% from 3Q 2024). Net income: CN¥504.0m (up 6.6% from 3Q 2024). Profit margin: 8.6% (down from 10% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Shipping industry in China. Announcement • Sep 30
COSCO SHIPPING Specialized Carriers Co.,Ltd. to Report Q3, 2025 Results on Oct 24, 2025 COSCO SHIPPING Specialized Carriers Co.,Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025 Reported Earnings • Jul 20
Second quarter 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.18 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.17. Revenue: CN¥5.58b (up 38% from 2Q 2024). Net income: CN¥479.6m (up 23% from 2Q 2024). Profit margin: 8.6% (down from 9.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Shipping industry in China. Announcement • Jun 30
COSCO SHIPPING Specialized Carriers Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 COSCO SHIPPING Specialized Carriers Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Jun 09
COSCO SHIPPING Specialized Carriers Co.,Ltd., Annual General Meeting, Jun 30, 2025 COSCO SHIPPING Specialized Carriers Co.,Ltd., Annual General Meeting, Jun 30, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China New Risk • Apr 15
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 89% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (89% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (28% increase in shares outstanding). Reported Earnings • Apr 13
First quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.16 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.16 in 1Q 2024). Revenue: CN¥5.20b (up 52% from 1Q 2024). Net income: CN¥458.1m (up 35% from 1Q 2024). Profit margin: 8.8% (down from 9.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 3.4% decline forecast for the Shipping industry in Asia. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 02
Price target increased by 13% to CN¥7.60 Up from CN¥6.70, the current price target is provided by 1 analyst. New target price is 13% above last closing price of CN¥6.74. Stock is up 13% over the past year. The company is forecast to post earnings per share of CN¥0.70 for next year compared to CN¥0.71 last year. Announcement • Mar 28
COSCO SHIPPING Specialized Carriers Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 COSCO SHIPPING Specialized Carriers Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 New Risk • Mar 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Shareholders have been diluted in the past year (28% increase in shares outstanding). Announcement • Dec 27
COSCO SHIPPING Specialized Carriers Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025 COSCO SHIPPING Specialized Carriers Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.13 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.22 (up from CN¥0.13 in 3Q 2023). Revenue: CN¥4.56b (up 48% from 3Q 2023). Net income: CN¥472.7m (up 74% from 3Q 2023). Profit margin: 10% (up from 8.8% in 3Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Shipping industry in China. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
COSCO SHIPPING Specialized Carriers Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 COSCO SHIPPING Specialized Carriers Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥6.78, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Shipping industry in China. Total returns to shareholders of 1.1% over the past three years. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.12 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.18 (up from CN¥0.12 in 2Q 2023). Revenue: CN¥4.05b (up 40% from 2Q 2023). Net income: CN¥389.4m (up 53% from 2Q 2023). Profit margin: 9.6% (in line with 2Q 2023). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Shipping industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Jun 28
COSCO SHIPPING Specialized Carriers Co.,Ltd. to Report First Half, 2024 Results on Aug 31, 2024 COSCO SHIPPING Specialized Carriers Co.,Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Announcement • May 01
COSCO SHIPPING Specialized Carriers Co.,Ltd., Annual General Meeting, May 22, 2024 COSCO SHIPPING Specialized Carriers Co.,Ltd., Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.18 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.16 (down from CN¥0.18 in 1Q 2023). Revenue: CN¥3.43b (up 15% from 1Q 2023). Net income: CN¥340.1m (down 13% from 1Q 2023). Profit margin: 9.9% (down from 13% in 1Q 2023). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Shipping industry in Asia. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Apr 03
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥14.7b to CN¥13.4b. EPS estimate also fell from CN¥0.732 per share to CN¥0.636 per share. Net income forecast to grow 26% next year vs 21% growth forecast for Shipping industry in China. Consensus price target broadly unchanged at CN¥6.75. Share price rose 6.0% to CN¥5.97 over the past week. New Risk • Mar 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 47% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (51% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Mar 30
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.50 (up from CN¥0.38 in FY 2022). Revenue: CN¥12.0b (down 1.6% from FY 2022). Net income: CN¥1.06b (up 30% from FY 2022). Profit margin: 8.9% (up from 6.7% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Shipping industry in Asia. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Mar 29
COSCO SHIPPING Specialized Carriers Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 COSCO SHIPPING Specialized Carriers Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Dec 29
COSCO SHIPPING Specialized Carriers Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 28, 2024 COSCO SHIPPING Specialized Carriers Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 28, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.20 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.20 in 3Q 2022). Revenue: CN¥3.05b (down 11% from 3Q 2022). Net income: CN¥271.7m (down 37% from 3Q 2022). Profit margin: 8.9% (down from 13% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.6% decline forecast for the Shipping industry in Asia. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
COSCO SHIPPING Specialized Carriers Co.,Ltd. to Report Q3, 2023 Results on Oct 27, 2023 COSCO SHIPPING Specialized Carriers Co.,Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.009 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.009 in 2Q 2022). Revenue: CN¥2.89b (down 3.9% from 2Q 2022). Net income: CN¥254.6m (up CN¥234.8m from 2Q 2022). Profit margin: 8.8% (up from 0.7% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.4% decline forecast for the Shipping industry in Asia. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 08
Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.009 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.009 in 2Q 2022). Revenue: CN¥2.89b (down 3.9% from 2Q 2022). Net income: CN¥254.6m (up CN¥234.8m from 2Q 2022). Profit margin: 8.8% (up from 0.7% in 2Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Shipping industry in China. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
COSCO SHIPPING Specialized Carriers Co.,Ltd. to Report First Half, 2023 Results on Aug 30, 2023 COSCO SHIPPING Specialized Carriers Co.,Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 Price Target Changed • Jun 10
Price target decreased by 27% to CN¥7.50 Down from CN¥10.23, the current price target is provided by 1 analyst. New target price is 18% above last closing price of CN¥6.37. Stock is up 32% over the past year. The company is forecast to post earnings per share of CN¥0.68 for next year compared to CN¥0.38 last year. Reported Earnings • Mar 31
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: CN¥0.38 (up from CN¥0.14 in FY 2021). Revenue: CN¥12.2b (up 40% from FY 2021). Net income: CN¥820.7m (up 173% from FY 2021). Profit margin: 6.7% (up from 3.4% in FY 2021). Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Shipping industry in China. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Mar 14
Now 21% undervalued Over the last 90 days, the stock is up 9.3%. The fair value is estimated to be CN¥9.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 74%. Revenue is forecast to grow by 25% in 2 years. Earnings is forecast to grow by 213% in the next 2 years. Buying Opportunity • Feb 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 2.1%. The fair value is estimated to be CN¥8.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 74%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 211% in the next 2 years. Price Target Changed • Nov 16
Price target increased to CN¥13.75 Up from CN¥3.88, the current price target is provided by 1 analyst. New target price is 81% above last closing price of CN¥7.61. Stock is up 57% over the past year. The company is forecast to post earnings per share of CN¥0.57 for next year compared to CN¥0.14 last year. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Director Jinsong Tan was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.13 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.20 (up from CN¥0.13 in 3Q 2021). Revenue: CN¥3.41b (up 43% from 3Q 2021). Net income: CN¥434.1m (up 62% from 3Q 2021). Profit margin: 13% (up from 11% in 3Q 2021). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Shipping industry in Asia. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥7.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 4x in the Shipping industry in Asia. Total returns to shareholders of 123% over the past three years. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.009 (vs CN¥0.059 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.009 (down from CN¥0.059 in 2Q 2021). Revenue: CN¥3.01b (up 50% from 2Q 2021). Net income: CN¥19.8m (down 84% from 2Q 2021). Profit margin: 0.7% (down from 6.2% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥5.47, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 22x in the Shipping industry in China. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥5.19, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 16x in the Shipping industry in China. Total returns to shareholders of 32% over the past three years. Reported Earnings • Apr 29
First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.01 in 1Q 2021). Revenue: CN¥2.80b (up 77% from 1Q 2021). Net income: CN¥315.9m (up CN¥294.0m from 1Q 2021). Profit margin: 11% (up from 1.4% in 1Q 2021). Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). General Manager & Director Wei Chen was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 01
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: CN¥0.14 (up from CN¥0.058 in FY 2020). Revenue: CN¥8.75b (up 24% from FY 2020). Net income: CN¥300.3m (up 139% from FY 2020). Profit margin: 3.4% (up from 1.8% in FY 2020). Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is expected to shrink by 9.7% compared to a 9.3% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Buying Opportunity • Jan 14
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be CN¥6.35, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% per annum over the last 3 years. Earnings per share has grown by 29% per annum over the last 3 years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.029 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥2.38b (up 42% from 3Q 2020). Net income: CN¥267.5m (up 323% from 3Q 2020). Profit margin: 11% (up from 3.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥5.91, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 10x in the Shipping industry in Asia. Total returns to shareholders of 73% over the past three years. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.059 (vs CN¥0.035 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥2.01b (up 9.1% from 2Q 2020). Net income: CN¥124.4m (up 84% from 2Q 2020). Profit margin: 6.2% (up from 3.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥5.03, the stock trades at a forward P/E ratio of 59x. Average forward P/E is 11x in the Shipping industry in Asia. Total returns to shareholders of 42% over the past three years. Reported Earnings • May 05
First quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.002 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: CN¥1.59b (down 20% from 1Q 2020). Net income: CN¥21.9m (up 378% from 1Q 2020). Profit margin: 1.4% (up from 0.2% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CN¥0.058 (vs CN¥0.047 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥7.04b (down 15% from FY 2019). Net income: CN¥125.5m (up 24% from FY 2019). Profit margin: 1.8% (up from 1.2% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Mar 09
COSCO SHIPPING Specialized Carriers Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021 COSCO SHIPPING Specialized Carriers Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021 Is New 90 Day High Low • Feb 08
New 90-day low: CN¥3.73 The company is down 13% from its price of CN¥4.30 on 10 November 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is down 9.0% over the same period. Is New 90 Day High Low • Jan 21
New 90-day high: CN¥4.98 The company is up 48% from its price of CN¥3.37 on 23 October 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 10.0% over the same period. Announcement • Jan 13
COSCO SHIPPING Specialized Carriers Co.,Ltd. Announces Resignation of Wu Liangming as Deputy General Manager COSCO SHIPPING Specialized Carriers Co.,Ltd. announced resigning of Wu Liangming from position of deputy general manager. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥89.5m, down 14% from the prior year. Total revenue was CN¥7.70b over the last 12 months, down 5.5% from the prior year. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥3.22 The company is down 3.0% from its price of CN¥3.33 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Shipping industry, which is down 7.0% over the same period. Announcement • Oct 29
COSCO SHIPPING Specialized Carriers Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020 COSCO SHIPPING Specialized Carriers Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Announcement • Jul 18
COSCO SHIPPING Specialized Carriers Co.,Ltd. to Report First Half, 2020 Results on Aug 31, 2020 COSCO SHIPPING Specialized Carriers Co.,Ltd. announced that they will report first half, 2020 results on Aug 31, 2020