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COSCO SHIPPING Development SEHK:2866 Stock Report

Last Price

HK$0.82

Market Cap

HK$29.0b

7D

3.8%

1Y

-21.2%

Updated

25 Apr, 2024

Data

Company Financials

COSCO SHIPPING Development Co., Ltd.

SEHK:2866 Stock Report

Market Cap: HK$29.0b

2866 Stock Overview

COSCO SHIPPING Development Co., Ltd., together with its subsidiaries, operates in the integrated logistics industry in China.

2866 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends2/6

COSCO SHIPPING Development Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for COSCO SHIPPING Development
Historical stock prices
Current Share PriceHK$0.82
52 Week HighHK$1.11
52 Week LowHK$0.73
Beta0.72
1 Month Change5.13%
3 Month Change1.23%
1 Year Change-21.15%
3 Year Change-43.06%
5 Year Change-22.64%
Change since IPO-54.61%

Recent News & Updates

COSCO SHIPPING Development (HKG:2866) Use Of Debt Could Be Considered Risky

Mar 15
COSCO SHIPPING Development (HKG:2866) Use Of Debt Could Be Considered Risky

COSCO SHIPPING Development (HKG:2866) Is Doing The Right Things To Multiply Its Share Price

Feb 17
COSCO SHIPPING Development (HKG:2866) Is Doing The Right Things To Multiply Its Share Price

Recent updates

COSCO SHIPPING Development (HKG:2866) Use Of Debt Could Be Considered Risky

Mar 15
COSCO SHIPPING Development (HKG:2866) Use Of Debt Could Be Considered Risky

COSCO SHIPPING Development (HKG:2866) Is Doing The Right Things To Multiply Its Share Price

Feb 17
COSCO SHIPPING Development (HKG:2866) Is Doing The Right Things To Multiply Its Share Price

COSCO SHIPPING Development (HKG:2866) Use Of Debt Could Be Considered Risky

Sep 26
COSCO SHIPPING Development (HKG:2866) Use Of Debt Could Be Considered Risky

COSCO SHIPPING Development's (HKG:2866) Returns On Capital Are Heading Higher

Aug 22
COSCO SHIPPING Development's (HKG:2866) Returns On Capital Are Heading Higher

COSCO SHIPPING Development (HKG:2866) Has No Shortage Of Debt

Jun 24
COSCO SHIPPING Development (HKG:2866) Has No Shortage Of Debt

There's Been No Shortage Of Growth Recently For COSCO SHIPPING Development's (HKG:2866) Returns On Capital

May 10
There's Been No Shortage Of Growth Recently For COSCO SHIPPING Development's (HKG:2866) Returns On Capital

A Look At The Intrinsic Value Of COSCO SHIPPING Development Co., Ltd. (HKG:2866)

Mar 06
A Look At The Intrinsic Value Of COSCO SHIPPING Development Co., Ltd. (HKG:2866)

Is COSCO SHIPPING Development (HKG:2866) Using Too Much Debt?

Jan 26
Is COSCO SHIPPING Development (HKG:2866) Using Too Much Debt?

Returns At COSCO SHIPPING Development (HKG:2866) Are On The Way Up

Dec 18
Returns At COSCO SHIPPING Development (HKG:2866) Are On The Way Up

Here's Why COSCO SHIPPING Development (HKG:2866) Has A Meaningful Debt Burden

Oct 04
Here's Why COSCO SHIPPING Development (HKG:2866) Has A Meaningful Debt Burden

Returns At COSCO SHIPPING Development (HKG:2866) Are On The Way Up

Sep 15
Returns At COSCO SHIPPING Development (HKG:2866) Are On The Way Up

A Look At The Intrinsic Value Of COSCO SHIPPING Development Co., Ltd. (HKG:2866)

Aug 22
A Look At The Intrinsic Value Of COSCO SHIPPING Development Co., Ltd. (HKG:2866)

Is COSCO SHIPPING Development (HKG:2866) A Risky Investment?

Jun 20
Is COSCO SHIPPING Development (HKG:2866) A Risky Investment?

COSCO SHIPPING Development's (HKG:2866) Returns On Capital Are Heading Higher

May 31
COSCO SHIPPING Development's (HKG:2866) Returns On Capital Are Heading Higher

Estimating The Fair Value Of COSCO SHIPPING Development Co., Ltd. (HKG:2866)

May 13
Estimating The Fair Value Of COSCO SHIPPING Development Co., Ltd. (HKG:2866)

I Ran A Stock Scan For Earnings Growth And COSCO SHIPPING Development (HKG:2866) Passed With Ease

Apr 06
I Ran A Stock Scan For Earnings Growth And COSCO SHIPPING Development (HKG:2866) Passed With Ease

COSCO SHIPPING Development (HKG:2866) Shareholders Will Want The ROCE Trajectory To Continue

Dec 14
COSCO SHIPPING Development (HKG:2866) Shareholders Will Want The ROCE Trajectory To Continue

Should You Be Adding COSCO SHIPPING Development (HKG:2866) To Your Watchlist Today?

Oct 25
Should You Be Adding COSCO SHIPPING Development (HKG:2866) To Your Watchlist Today?

COSCO SHIPPING Development (HKG:2866) Is Experiencing Growth In Returns On Capital

Sep 06
COSCO SHIPPING Development (HKG:2866) Is Experiencing Growth In Returns On Capital

Do COSCO SHIPPING Development's (HKG:2866) Earnings Warrant Your Attention?

Jul 25
Do COSCO SHIPPING Development's (HKG:2866) Earnings Warrant Your Attention?

There's Been No Shortage Of Growth Recently For COSCO SHIPPING Development's (HKG:2866) Returns On Capital

Jun 01
There's Been No Shortage Of Growth Recently For COSCO SHIPPING Development's (HKG:2866) Returns On Capital

Here's Why We Think COSCO SHIPPING Development (HKG:2866) Is Well Worth Watching

Apr 26
Here's Why We Think COSCO SHIPPING Development (HKG:2866) Is Well Worth Watching

What To Know Before Buying COSCO SHIPPING Development Co., Ltd. (HKG:2866) For Its Dividend

Jan 17
What To Know Before Buying COSCO SHIPPING Development Co., Ltd. (HKG:2866) For Its Dividend

How Much Of COSCO SHIPPING Development Co., Ltd. (HKG:2866) Do Institutions Own?

Jan 01
How Much Of COSCO SHIPPING Development Co., Ltd. (HKG:2866) Do Institutions Own?

At HK$1.20, Is It Time To Put COSCO SHIPPING Development Co., Ltd. (HKG:2866) On Your Watch List?

Dec 17
At HK$1.20, Is It Time To Put COSCO SHIPPING Development Co., Ltd. (HKG:2866) On Your Watch List?

COSCO SHIPPING Development (HKG:2866) Shareholders Booked A 36% Gain In The Last Year

Dec 02
COSCO SHIPPING Development (HKG:2866) Shareholders Booked A 36% Gain In The Last Year

What Do The Returns At COSCO SHIPPING Development (HKG:2866) Mean Going Forward?

Nov 17
What Do The Returns At COSCO SHIPPING Development (HKG:2866) Mean Going Forward?

Shareholder Returns

2866HK Trade DistributorsHK Market
7D3.8%1.5%3.5%
1Y-21.2%-9.2%-9.9%

Return vs Industry: 2866 underperformed the Hong Kong Trade Distributors industry which returned -7.9% over the past year.

Return vs Market: 2866 underperformed the Hong Kong Market which returned -10.1% over the past year.

Price Volatility

Is 2866's price volatile compared to industry and market?
2866 volatility
2866 Average Weekly Movement4.0%
Trade Distributors Industry Average Movement8.3%
Market Average Movement7.4%
10% most volatile stocks in HK Market14.7%
10% least volatile stocks in HK Market3.6%

Stable Share Price: 2866 has not had significant price volatility in the past 3 months.

Volatility Over Time: 2866's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199711,261Mingwen Zhangdevelopment.coscoshipping.com

COSCO SHIPPING Development Co., Ltd., together with its subsidiaries, operates in the integrated logistics industry in China. The company offers vessel operational and financial leasing services, including container vessels, dry bulk cargo vessels, special ships, and LNG vessels. It also provides trading, management, manufacture, sale, and leasing of used containers; researches and develops, produces, and sells logistics equipment; equity and insurance brokerage, and capital market services.

COSCO SHIPPING Development Co., Ltd. Fundamentals Summary

How do COSCO SHIPPING Development's earnings and revenue compare to its market cap?
2866 fundamental statistics
Market capHK$29.05b
Earnings (TTM)HK$1.52b
Revenue (TTM)HK$16.95b

7.3x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2866 income statement (TTM)
RevenueCN¥15.69b
Cost of RevenueCN¥10.89b
Gross ProfitCN¥4.80b
Other ExpensesCN¥3.39b
EarningsCN¥1.41b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 29, 2024

Earnings per share (EPS)0.10
Gross Margin30.58%
Net Profit Margin8.98%
Debt/Equity Ratio307.0%

How did 2866 perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

31%

Payout Ratio
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