How does 601872's PE Ratio compare to its peers?

601872 is good value based on its Price-To-Earnings Ratio (12.6x) compared to the peer average (31.3x).

How does 601872's PE Ratio compare vs other companies in the CN Oil and Gas Industry?

601872 is good value based on its Price-To-Earnings Ratio (12.6x) compared to the CN Oil and Gas industry average (13.2x).

What is 601872's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

601872 is good value based on its Price-To-Earnings Ratio (12.6x) compared to the estimated Fair Price-To-Earnings Ratio (16.2x).

What is the Fair Price of 601872 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

601872 (CN¥6.87) is trading below our estimate of [[fair value]] (CN¥10.86)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

China Merchants Energy Shipping (XSSC:601872) - Stock Price, News & Analysis

601872 Stock Overview

China Merchants Energy Shipping Co., Ltd.

About the company

601872 fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	1/6
Past Performance	2/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 36.7% below our estimate of its fair value

Earnings are forecast to grow 19.2% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 33%

Risk Analysis

Has a high level of debt

Dividend of 2.91% is not well covered by free cash flows

China Merchants Energy Shipping Co., Ltd. Competitors

Guangzhou Development Group

SHSE:600098

CN¥22.9b

Oriental Energy

SZSE:002221

CN¥15.4b

Jiangxi Jovo Energy

SHSE:605090

CN¥18.3b

Nanjing Tanker

SHSE:601975

CN¥16.1b

Price History & Performance

Summary of all time highs, changes and price drops for China Merchants Energy Shipping
Historical stock prices
Current Share Price	CN¥6.87
52 Week High	CN¥9.95
52 Week Low	CN¥5.60
Beta	0.21
11 Month Change	-5.24%
3 Month Change	-9.96%
1 Year Change	11.53%
33 Year Change	63.57%
5 Year Change	38.55%
Change since IPO	14.66%

Recent updates

Shareholder Returns

	601872	CN Oil and Gas	CN Market
7D	0.7%	-1.5%	2.7%
1Y	11.5%	9.2%	8.7%

Return vs Industry: 601872 exceeded the CN Oil and Gas industry which returned 9% over the past year.

Return vs Market: 601872 exceeded the CN Market which returned 10.3% over the past year.

Price Volatility

Is 601872's price volatile compared to industry and market?
601872 volatility
601872 Average Weekly Movement	6.6%
Oil and Gas Industry Average Movement	6.0%
Market Average Movement	8.0%
10% most volatile stocks in CN Market	12.2%
10% least volatile stocks in CN Market	5.4%

Stable Share Price: 601872 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 601872's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2004	4,926	Yongxin Wang	www.cmenergyshipping.com

China Merchants Energy Shipping Co., Ltd. provides a range of energy transportation services in China. It operates through four segments: Container Shipping, Tanker Shipping, Bulk Carrier Shipping, and Ro-Ro Shipping segments.

China Merchants Energy Shipping Co., Ltd. Fundamentals Summary

How do China Merchants Energy Shipping's earnings and revenue compare to its market cap?
601872 fundamental statistics
Market cap	CN¥55.95b
Earnings (TTM)	CN¥4.45b
Revenue (TTM)	CN¥26.15b

12.6x

P/E Ratio

2.1x

P/S Ratio

Is 601872 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601872 income statement (TTM)
Revenue	CN¥26.15b
Cost of Revenue	CN¥19.24b
Gross Profit	CN¥6.92b
Other Expenses	CN¥2.47b
Earnings	CN¥4.45b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.55
Gross Margin	26.44%
Net Profit Margin	17.01%
Debt/Equity Ratio	58.5%

How did 601872 perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

62%

Payout Ratio

601872 Stock Overview

Rewards

Risk Analysis

China Merchants Energy Shipping Co., Ltd. Competitors

SHSE:600098

CN¥22.9b

SZSE:002221

CN¥15.4b

SHSE:605090

CN¥18.3b

SHSE:601975

CN¥16.1b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.12 in 3Q 2023)

China Merchants Energy Shipping Co., Ltd. (SHSE:601872) announces an Equity Buyback for CNY 443 million worth of its shares.

Investor sentiment improves as stock rises 19%

China Merchants Energy Shipping Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024

Second quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.20 in 2Q 2023)

China Merchants Energy Shipping Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.12 in 3Q 2023)

China Merchants Energy Shipping Co., Ltd. (SHSE:601872) announces an Equity Buyback for CNY 443 million worth of its shares.

Investor sentiment improves as stock rises 19%

China Merchants Energy Shipping Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024

Second quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.20 in 2Q 2023)

China Merchants Energy Shipping Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024

China Merchants Energy Shipping Co., Ltd., Annual General Meeting, Jun 26, 2024

Antong Holdings Co., Ltd. (SHSE:600179) agreed to acquire an unknown stake in Sinotrans Container Lines and China Merchants Guangzhou RoRo Shipping from China Merchants Energy Shipping Co., Ltd. (SHSE:601872).

First quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.14 in 1Q 2023)

Now 23% overvalued after recent price rise

China Merchants Energy Shipping Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Full year 2023 earnings released: EPS: CN¥0.60 (vs CN¥0.61 in FY 2022)

Now 20% overvalued after recent price rise

China Merchants Energy Shipping Co., Ltd. to Report Fiscal Year 2023 Results on Mar 28, 2024

Third quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.12 in 3Q 2022)

Second quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.20 in 2Q 2022)

China Merchants Energy Shipping Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.14 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.066 in 2Q 2021)

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.05 in 1Q 2021)

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS: CN¥0.48 (vs CN¥0.34 in FY 2020)

China Merchants Energy Shipping Co., Ltd.(XSSC:601872) dropped from FTSE All-World Index (USD)

Third quarter 2021 earnings released: EPS CN¥0.085 (vs CN¥0.12 in 3Q 2020)

Third quarter 2021 earnings released: EPS CN¥0.085 (vs CN¥0.12 in 3Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.096 (vs CN¥0.22 in 2Q 2020)

First quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.19 in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.41 (vs CN¥0.27 in FY 2019)

Investor sentiment improved over the past week

New 90-day low: CN¥5.37

China Merchants Energy Shipping Co., Ltd. to Report Fiscal Year 2020 Results on Mar 26, 2021

New 90-day low: CN¥5.48

New 90-day low: CN¥5.53

Third quarter earnings released

China Merchants Energy Shipping Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020

First half earnings released

China Merchants Energy Shipping Co., Ltd. (SHSE:601872) completed the acquisition of Sinotrans Shipping (Beijing) Co., Ltd from China Economic and Trade Shipping Company Limited.

China Merchants Energy Shipping Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020

Shareholder Returns

Price Volatility

About the Company

China Merchants Energy Shipping Co., Ltd. Fundamentals Summary

12.6x

2.1x

Earnings & Revenue

Dividends

2.9%

62%