Chinese (SSE) Marine and Shipping Industry Analysis

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
Wed, 24 Jun 2026	CN¥137.4b	CN¥76.7b	CN¥8.5b	17x	16.2x	1.8x
Fri, 22 May 2026	CN¥143.4b	CN¥76.7b	CN¥8.5b	17.1x	16.9x	1.9x
Sun, 19 Apr 2026	CN¥148.1b	CN¥74.5b	CN¥8.5b	17.2x	17.5x	2x
Tue, 17 Mar 2026	CN¥148.0b	CN¥70.2b	CN¥8.1b	17.3x	18.2x	2.1x
Thu, 12 Feb 2026	CN¥151.8b	CN¥70.2b	CN¥8.1b	18.3x	18.6x	2.2x
Sat, 10 Jan 2026	CN¥147.1b	CN¥70.2b	CN¥8.1b	18.3x	18.1x	2.1x
Mon, 08 Dec 2025	CN¥149.2b	CN¥70.2b	CN¥8.1b	16.8x	18.3x	2.1x
Wed, 05 Nov 2025	CN¥154.6b	CN¥70.2b	CN¥8.1b	18.2x	19x	2.2x
Fri, 03 Oct 2025	CN¥136.0b	CN¥67.8b	CN¥8.1b	16.3x	16.8x	2x
Sun, 31 Aug 2025	CN¥131.9b	CN¥67.5b	CN¥7.6b	18.1x	17.4x	2x
Tue, 29 Jul 2025	CN¥130.5b	CN¥66.9b	CN¥7.5b	18.6x	17.4x	2x
Thu, 26 Jun 2025	CN¥121.5b	CN¥65.2b	CN¥7.7b	14.7x	15.9x	1.9x
Sat, 24 May 2025	CN¥118.9b	CN¥65.2b	CN¥7.7b	15.1x	15.5x	1.8x
Mon, 21 Apr 2025	CN¥112.7b	CN¥64.6b	CN¥7.2b	14.4x	15.6x	1.7x
Wed, 19 Mar 2025	CN¥114.6b	CN¥59.8b	CN¥6.2b	16.9x	18.6x	1.9x
Fri, 14 Feb 2025	CN¥107.7b	CN¥59.8b	CN¥6.2b	16.1x	17.4x	1.8x
Sun, 12 Jan 2025	CN¥104.0b	CN¥59.8b	CN¥6.2b	15.1x	16.8x	1.7x
Tue, 10 Dec 2024	CN¥117.3b	CN¥59.8b	CN¥6.2b	16.8x	19x	2x
Thu, 07 Nov 2024	CN¥115.9b	CN¥59.8b	CN¥6.2b	17.2x	18.8x	1.9x
Sat, 05 Oct 2024	CN¥108.0b	CN¥57.5b	CN¥5.6b	24.1x	19.1x	1.9x
Mon, 02 Sep 2024	CN¥92.8b	CN¥57.6b	CN¥5.6b	20x	16.4x	1.6x
Wed, 31 Jul 2024	CN¥97.3b	CN¥56.1b	CN¥5.7b	16.8x	17.1x	1.7x
Fri, 28 Jun 2024	CN¥99.2b	CN¥55.6b	CN¥5.6b	17.6x	17.8x	1.8x
Sun, 26 May 2024	CN¥110.5b	CN¥55.6b	CN¥5.6b	17x	19.8x	2x
Tue, 23 Apr 2024	CN¥112.5b	CN¥55.1b	CN¥6.0b	19.2x	18.7x	2x
Thu, 21 Mar 2024	CN¥107.0b	CN¥49.9b	CN¥5.8b	17.4x	18.4x	2.1x
Sat, 17 Feb 2024	CN¥98.2b	CN¥49.7b	CN¥5.8b	14.8x	17x	2x
Mon, 15 Jan 2024	CN¥111.6b	CN¥49.6b	CN¥5.8b	19.5x	19.4x	2.3x
Wed, 13 Dec 2023	CN¥113.9b	CN¥49.6b	CN¥5.8b	19.6x	19.8x	2.3x
Fri, 10 Nov 2023	CN¥95.6b	CN¥49.6b	CN¥5.8b	19.7x	16.6x	1.9x
Sun, 08 Oct 2023	CN¥99.0b	CN¥50.6b	CN¥6.7b	22.1x	14.7x	2x
Tue, 05 Sep 2023	CN¥102.3b	CN¥50.6b	CN¥6.7b	22.7x	15.2x	2x
Thu, 03 Aug 2023	CN¥108.6b	CN¥51.5b	CN¥7.8b	20.5x	13.9x	2.1x
Sat, 01 Jul 2023	CN¥105.1b	CN¥51.8b	CN¥7.7b	20.4x	13.6x	2x

Current Industry PE

Investors are relatively neutral on the Chinese Shipping industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 17.3x.

The industry is trading close to its 3-year average PS ratio of 2.0x.

Past Earnings Growth

The earnings for companies in the Shipping industry have grown 3.3% per year over the last three years.
Revenues for these companies have grown 14% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Chinese Industrials industry?


CN Market	0.70%
Industrials	-1.26%
Marine and Shipping	0.62%
Marine	0.62%

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¥8.16	2.5% +CN¥548.8m	29.7%	PE12.2x
601022 Ningbo Ocean Shipping	CN¥8.20	2.5% +CN¥261.7m	-15.6%	PE17.3x
001205 Nanjing Shenghang Shipping	CN¥14.20	0.2% +CN¥5.6m	-11.5%	PE23.9x

Company

Last Price

Valuation

600428 COSCO SHIPPING Specialized CarriersLtd

CN¥8.16

2.5%
+CN¥548.8m

29.7%

PE12.2x

601022 Ningbo Ocean Shipping

CN¥8.20

2.5%
+CN¥261.7m

-15.6%

PE17.3x

001205 Nanjing Shenghang Shipping

CN¥14.20

0.2%
+CN¥5.6m

-11.5%

PE23.9x

New major risk - Dividend sustainability

The dividend is not well covered by earnings and cash flows. Payout ratio: 116% Cash payout ratio: 111% Dividend yield: 13% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Cash payout ratio: 111% Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.

Chinese (SSE) Marine and Shipping Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Dividend of CN¥0.063 announced

COSCO SHIPPING Specialized Carriers Co.,Ltd., Annual General Meeting, Jun 15, 2026

Dividend increased to CN¥0.15

New major risk - Dividend sustainability

Investor sentiment improves as stock rises 22%

First quarter 2026 earnings released: EPS: CN¥0.055 (vs CN¥0.054 in 1Q 2025)

Full year 2025 earnings released: CN¥0.043 loss per share (vs CN¥0.082 loss in FY 2024)

Full year 2025 earnings released: EPS: CN¥0.023 (vs CN¥0.018 in FY 2024)

New major risk - Dividend sustainability

First quarter 2026 earnings released: EPS: CN¥0.06 (vs CN¥0.057 in 1Q 2025)

Shanghai Jinjiang Shipping (Group) Co., Ltd., Annual General Meeting, Apr 29, 2026