COSCO SHIPPING Specialized CarriersLtd (SHSE:600428) Is Doing The Right Things To Multiply Its Share Price
Dec 27
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Chinese (SSE) Marine and Shipping Industry Analysis
UpdatedDec 30, 2024
DataAggregated Company Financials
Companies12
- 7D0.3%
- 3M8.0%
- 1Y3.9%
- YTD0.3%
Over the last 7 days, the Marine and Shipping industry has remained flat, although notably COSCO SHIPPING Specialized CarriersLtd gained 3.9%. As for the the longer term, the industry is up 3.9% over the past 12 months. Looking forward, earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Chinese Marine and Shipping Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Dec 2024 | CN¥116.9b | CN¥59.8b | CN¥6.2b | 16.5x | 18.9x | 2x |
| Wed, 27 Nov 2024 | CN¥112.3b | CN¥59.8b | CN¥6.2b | 17.2x | 18.2x | 1.9x |
| Fri, 25 Oct 2024 | CN¥106.9b | CN¥58.0b | CN¥5.7b | 21.6x | 18.8x | 1.8x |
| Sun, 22 Sep 2024 | CN¥89.3b | CN¥57.5b | CN¥5.6b | 19.6x | 15.8x | 1.6x |
| Tue, 20 Aug 2024 | CN¥96.0b | CN¥56.2b | CN¥5.7b | 16.5x | 16.8x | 1.7x |
| Thu, 18 Jul 2024 | CN¥96.6b | CN¥55.6b | CN¥5.6b | 16.6x | 17.3x | 1.7x |
| Sat, 15 Jun 2024 | CN¥108.3b | CN¥55.6b | CN¥5.6b | 19.4x | 19.4x | 1.9x |
| Mon, 13 May 2024 | CN¥113.1b | CN¥55.6b | CN¥5.6b | 18.1x | 20.1x | 2x |
| Wed, 10 Apr 2024 | CN¥105.5b | CN¥54.5b | CN¥6.0b | 17.9x | 17.6x | 1.9x |
| Fri, 08 Mar 2024 | CN¥100.7b | CN¥49.7b | CN¥5.8b | 16x | 17.4x | 2x |
| Sun, 04 Feb 2024 | CN¥94.3b | CN¥49.6b | CN¥5.8b | 15.2x | 16.4x | 1.9x |
| Tue, 02 Jan 2024 | CN¥112.2b | CN¥49.6b | CN¥5.8b | 19x | 19.5x | 2.3x |
| Thu, 30 Nov 2023 | CN¥97.6b | CN¥49.6b | CN¥5.8b | 21.2x | 17x | 2x |
| Sat, 28 Oct 2023 | CN¥94.6b | CN¥49.7b | CN¥6.1b | 18.8x | 15.6x | 1.9x |
| Mon, 25 Sep 2023 | CN¥99.4b | CN¥50.6b | CN¥6.7b | 22x | 14.8x | 2x |
| Wed, 23 Aug 2023 | CN¥109.8b | CN¥51.3b | CN¥7.4b | 22.6x | 14.8x | 2.1x |
| Fri, 21 Jul 2023 | CN¥106.0b | CN¥51.7b | CN¥7.9b | 20.7x | 13.3x | 2.1x |
| Sun, 18 Jun 2023 | CN¥106.4b | CN¥51.8b | CN¥7.7b | 20.3x | 13.8x | 2.1x |
| Tue, 16 May 2023 | CN¥110.2b | CN¥51.8b | CN¥7.7b | 20.8x | 14.2x | 2.1x |
| Thu, 13 Apr 2023 | CN¥116.5b | CN¥51.8b | CN¥8.6b | 20.8x | 13.6x | 2.2x |
| Sat, 11 Mar 2023 | CN¥105.6b | CN¥49.7b | CN¥8.1b | 23.7x | 13.1x | 2.1x |
| Mon, 06 Feb 2023 | CN¥106.3b | CN¥49.6b | CN¥8.1b | 23.8x | 13.2x | 2.1x |
| Wed, 04 Jan 2023 | CN¥101.3b | CN¥49.2b | CN¥8.0b | 23.4x | 12.6x | 2.1x |
| Fri, 02 Dec 2022 | CN¥87.3b | CN¥44.6b | CN¥7.3b | 24.1x | 11.9x | 2x |
| Sun, 30 Oct 2022 | CN¥89.2b | CN¥44.6b | CN¥7.3b | 21.7x | 12.1x | 2x |
| Tue, 27 Sep 2022 | CN¥94.6b | CN¥42.2b | CN¥7.0b | 30x | 13.6x | 2.2x |
| Thu, 25 Aug 2022 | CN¥107.6b | CN¥41.8b | CN¥7.1b | 33.5x | 15.1x | 2.6x |
| Sat, 23 Jul 2022 | CN¥91.8b | CN¥39.2b | CN¥6.8b | 18x | 13.5x | 2.3x |
| Mon, 20 Jun 2022 | CN¥90.3b | CN¥39.2b | CN¥6.8b | 17.4x | 13.2x | 2.3x |
| Wed, 18 May 2022 | CN¥89.2b | CN¥39.1b | CN¥6.8b | 17.2x | 13.1x | 2.3x |
| Fri, 15 Apr 2022 | CN¥88.5b | CN¥34.8b | CN¥6.4b | 27.3x | 13.9x | 2.5x |
| Sun, 13 Mar 2022 | CN¥79.6b | CN¥32.9b | CN¥6.2b | 23.4x | 12.7x | 2.4x |
| Tue, 08 Feb 2022 | CN¥86.7b | CN¥32.5b | CN¥6.0b | 24.1x | 14.5x | 2.7x |
| Thu, 06 Jan 2022 | CN¥88.6b | CN¥32.5b | CN¥6.0b | 24.4x | 14.8x | 2.7x |
Price to Earnings Ratio
14.8x
Current Industry PE
- Investors are optimistic on the Chinese Shipping industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 18.9x which is higher than its 3-year average PE of 15.4x.
- The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Shipping industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 22% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Chinese Industrials industry?
| CN Market | -0.61% | |
| Industrials | -0.20% | |
| Marine and Shipping | 0.30% | |
| Marine | 0.30% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 600428 COSCO SHIPPING Specialized CarriersLtd | CN¥7.27 | 5.2% +CN¥772.8m | 35.6% | PE11.5x | |
| 002320 Hainan Strait ShippingLtd | CN¥6.71 | 2.6% +CN¥378.9m | 15.1% | PE47x | |
| 600179 Antong Holdings | CN¥2.93 | 2.1% +CN¥244.3m | 17.2% | PE35.9x | |
| 603209 Xingtong Shipping | CN¥16.39 | 4.8% +CN¥206.9m | 0.6% | PE13x | |
| 601083 Shanghai Jinjiang Shipping (Group) | CN¥9.72 | 1.5% +CN¥181.2m | -22.2% | PE16.5x |
