SEHK:1138Oil and Gas
COSCO SHIPPING Energy Transportation (SEHK:1138): Net Margin Edge Reinforces Bullish Case Despite Slower Earnings Growth
COSCO SHIPPING Energy Transportation (SEHK:1138) reported average annual earnings growth of 31.9% over the past five years, with net profit margins currently at 14.2%, up from 13.9% last year. The most recent year saw earnings growth of 1.7%, and the company is presently trading at a Price-To-Earnings ratio of 16.8x. This valuation appears more attractive than peer averages, although it remains higher than the Hong Kong oil and gas industry benchmark. Looking ahead, forecasts for 11.31%...