COSCO SHIPPING Technology Co., Ltd.

XSEC:002401 Stock Report

Market Cap: CN¥6.2b

COSCO SHIPPING Technology Past Earnings Performance

Past criteria checks 1/6

COSCO SHIPPING Technology has been growing earnings at an average annual rate of 6.8%, while the IT industry saw earnings growing at 2.5% annually. Revenues have been growing at an average rate of 7.7% per year. COSCO SHIPPING Technology's return on equity is 8.6%, and it has net margins of 8.7%.

Key information

6.8%

Earnings growth rate

6.5%

EPS growth rate

IT Industry Growth7.5%
Revenue growth rate7.7%
Return on equity8.6%
Net Margin8.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How COSCO SHIPPING Technology makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

XSEC:002401 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,681146114111
30 Jun 241,787188110110
31 Mar 241,784190108101
31 Dec 231,77618911393
30 Sep 231,76820514476
30 Jun 231,76718814868
31 Mar 231,76418614564
01 Jan 231,75218214059
30 Sep 221,82418812756
30 Jun 221,75317312661
31 Mar 221,73016512969
01 Jan 221,70715713270
30 Sep 211,71916410867
30 Jun 211,73715311458
31 Mar 211,65815211047
31 Dec 201,52119311244
30 Sep 201,40918311545
30 Jun 201,26717711447
31 Mar 201,19515311751
31 Dec 191,2049711653
30 Sep 191,0638611244
30 Jun 191,0118510940
31 Mar 191,0028510336
31 Dec 18980839633
30 Sep 18993809525
30 Jun 18994858137
31 Mar 18944838133
01 Jan 18917768529
30 Sep 171,0257811717
30 Jun 17955671230
31 Mar 17911611210
31 Dec 16868601130
30 Sep 1667655820
30 Jun 1669556770
31 Mar 1668655730
31 Dec 1565155710
30 Sep 1562955610
30 Jun 1560352650
31 Mar 1563953710
31 Dec 1465652690
30 Sep 1460353580
30 Jun 1460550530
31 Mar 1459749440
31 Dec 1355047430

Quality Earnings: 002401 has a high level of non-cash earnings.

Growing Profit Margin: 002401's current net profit margins (8.7%) are lower than last year (11.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002401's earnings have grown by 6.8% per year over the past 5 years.

Accelerating Growth: 002401's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002401 had negative earnings growth (-29.1%) over the past year, making it difficult to compare to the IT industry average (-8.1%).


Return on Equity

High ROE: 002401's Return on Equity (8.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 19:30
End of Day Share Price 2024/12/30 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 Technology Co., Ltd. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Minyang LeAJ Securities Co., Ltd
Jian CuiBohai Securities Co., Ltd.
Shao Jie ShenPing An Securities Co. Ltd.