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COSCO SHIPPING Development XSSC:601866 Stock Report

Last Price

CN¥2.57

Market Cap

CN¥28.7b

7D

-2.7%

1Y

8.9%

Updated

26 Dec, 2024

Data

Company Financials +

COSCO SHIPPING Development Co., Ltd.

XSSC:601866 Stock Report

Market Cap: CN¥28.7b

601866 Stock Overview

Researches, develops, manufactures, and sells containers in the United States, Asia, Hong Kong, Mainland China, Europe, and internationally. More details

601866 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance3/6
Financial Health1/6
Dividends3/6

Rewards

Price-To-Earnings ratio (8.1x) is below the CN market (35.3x)

Earnings are forecast to grow 32.36% per year

Earnings grew by 12.6% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 3.97% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

COSCO SHIPPING Development Co., Ltd. Competitors

Shanxi Coal International Energy GroupLtd

SHSE:600546

CN¥23.9b

Liaoning Cheng Da

SHSE:600739

CN¥16.2b

Xiamen C&D

SHSE:600153

CN¥30.7b

CITIC Metal

SHSE:601061

CN¥36.8b

Price History & Performance

Summary of share price highs, lows and changes for COSCO SHIPPING Development
Historical stock prices
Current Share PriceHK$2.57
52 Week HighHK$2.90
52 Week LowHK$2.04
Beta0.65
1 Month Change0.39%
3 Month Change6.64%
1 Year Change8.90%
3 Year Change-21.17%
5 Year Change-2.28%
Change since IPO-21.88%

Recent News & Updates

Recent updates

Shareholder Returns

601866CN Trade DistributorsCN Market
7D-2.7%-2.7%-0.5%
1Y8.9%0.01%9.2%

Return vs Industry: 601866 exceeded the CN Trade Distributors industry which returned 0.1% over the past year.

Return vs Market: 601866 underperformed the CN Market which returned 10.8% over the past year.

Price Volatility

Is 601866's price volatile compared to industry and market?
601866 volatility
601866 Average Weekly Movement5.7%
Trade Distributors Industry Average Movement8.2%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 601866 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 601866's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199714,067Mingwen Zhangdevelopment.coscoshipping.com

COSCO SHIPPING Development Co., Ltd., together with its subsidiaries, researches, develops, manufactures, and sells containers in the United States, Asia, Hong Kong, Mainland China, Europe, and internationally. It operates through Container Manufacturing Business; Shipping Leasing and Container Leasing Business; and Investment Management Business segments. The company offers dry cargo, refrigerated, and special containers, as well as container houses and after-sales services; integrated shipping, logistics, and industry finance services; and vessel chartering and financial leasing services, including container and dry bulk vessels.

COSCO SHIPPING Development Co., Ltd. Fundamentals Summary

How do COSCO SHIPPING Development's earnings and revenue compare to its market cap?
601866 fundamental statistics
Market capCN¥28.69b
Earnings (TTM)CN¥1.59b
Revenue (TTM)CN¥24.99b

8.1x

P/E Ratio

0.5x

P/S Ratio

Is 601866 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601866 income statement (TTM)
RevenueCN¥24.99b
Cost of RevenueCN¥19.68b
Gross ProfitCN¥5.31b
Other ExpensesCN¥3.73b
EarningsCN¥1.59b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin21.26%
Net Profit Margin6.35%
Debt/Equity Ratio280.9%

How did 601866 perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

44%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 12:16
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

COSCO SHIPPING Development Co., Ltd. is covered by 51 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Xin ZhangAJ Securities Co., Ltd
Jonathan WindhamBarclays
Wenlong HuangBOCI Research Ltd.