SEHK:1919Shipping
COSCO Shipping Holdings (SEHK:1919) Margin Worsening Reinforces Bearish Earnings Narrative
COSCO SHIPPING Holdings (SEHK:1919) has wrapped up FY 2025 with fourth quarter revenue of C¥51.9b and basic EPS of C¥0.25. Trailing twelve month revenue came in at C¥219.5b with basic EPS of C¥1.99. Over the past few quarters, revenue has moved from C¥73.5b in Q3 2024 to C¥59.1b in Q4 2024 and then to C¥58.0b in Q1 2025 before landing at C¥51.9b in Q4 2025. Quarterly EPS shifted from C¥1.33 to C¥0.70 to C¥0.74 and then C¥0.25. With trailing net margin easing from 21% to 14.1%, the latest...