2866 Stock Overview
Researches, develops, manufactures, and sells containers in the United States, Asia, Hong Kong, Mainland China, Europe, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 1/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
COSCO SHIPPING Development Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$1.01 |
| 52 Week High | HK$1.24 |
| 52 Week Low | HK$0.73 |
| Beta | 0.65 |
| 1 Month Change | -1.94% |
| 3 Month Change | 20.24% |
| 1 Year Change | 27.85% |
| 3 Year Change | -29.37% |
| 5 Year Change | 10.99% |
| Change since IPO | -44.09% |
Recent News & Updates
These 4 Measures Indicate That COSCO SHIPPING Development (HKG:2866) Is Using Debt In A Risky Way
Dec 17
Returns At COSCO SHIPPING Development (HKG:2866) Are On The Way Up
Nov 25Recent updates
These 4 Measures Indicate That COSCO SHIPPING Development (HKG:2866) Is Using Debt In A Risky Way
Dec 17Returns At COSCO SHIPPING Development (HKG:2866) Are On The Way Up
Nov 25COSCO SHIPPING Development Co., Ltd.'s (HKG:2866) 39% Price Boost Is Out Of Tune With Earnings
Oct 07Investors Can Find Comfort In COSCO SHIPPING Development's (HKG:2866) Earnings Quality
Sep 06COSCO SHIPPING Development (HKG:2866) Has Announced That Its Dividend Will Be Reduced To CN¥0.0351
Jul 03Returns On Capital At COSCO SHIPPING Development (HKG:2866) Have Hit The Brakes
Jun 10Subdued Growth No Barrier To COSCO SHIPPING Development Co., Ltd. (HKG:2866) With Shares Advancing 27%
May 13COSCO SHIPPING Development (HKG:2866) Use Of Debt Could Be Considered Risky
Mar 15COSCO SHIPPING Development (HKG:2866) Is Doing The Right Things To Multiply Its Share Price
Feb 17COSCO SHIPPING Development (HKG:2866) Use Of Debt Could Be Considered Risky
Sep 26COSCO SHIPPING Development's (HKG:2866) Returns On Capital Are Heading Higher
Aug 22COSCO SHIPPING Development (HKG:2866) Has No Shortage Of Debt
Jun 24There's Been No Shortage Of Growth Recently For COSCO SHIPPING Development's (HKG:2866) Returns On Capital
May 10A Look At The Intrinsic Value Of COSCO SHIPPING Development Co., Ltd. (HKG:2866)
Mar 06Is COSCO SHIPPING Development (HKG:2866) Using Too Much Debt?
Jan 26Returns At COSCO SHIPPING Development (HKG:2866) Are On The Way Up
Dec 18Here's Why COSCO SHIPPING Development (HKG:2866) Has A Meaningful Debt Burden
Oct 04Returns At COSCO SHIPPING Development (HKG:2866) Are On The Way Up
Sep 15A Look At The Intrinsic Value Of COSCO SHIPPING Development Co., Ltd. (HKG:2866)
Aug 22Is COSCO SHIPPING Development (HKG:2866) A Risky Investment?
Jun 20COSCO SHIPPING Development's (HKG:2866) Returns On Capital Are Heading Higher
May 31Estimating The Fair Value Of COSCO SHIPPING Development Co., Ltd. (HKG:2866)
May 13I Ran A Stock Scan For Earnings Growth And COSCO SHIPPING Development (HKG:2866) Passed With Ease
Apr 06COSCO SHIPPING Development (HKG:2866) Shareholders Will Want The ROCE Trajectory To Continue
Dec 14Should You Be Adding COSCO SHIPPING Development (HKG:2866) To Your Watchlist Today?
Oct 25COSCO SHIPPING Development (HKG:2866) Is Experiencing Growth In Returns On Capital
Sep 06Do COSCO SHIPPING Development's (HKG:2866) Earnings Warrant Your Attention?
Jul 25Shareholder Returns
| 2866 | HK Trade Distributors | HK Market | |
|---|---|---|---|
| 7D | 1.0% | -1.7% | -0.5% |
| 1Y | 27.8% | -11.0% | 19.9% |
Return vs Industry: 2866 exceeded the Hong Kong Trade Distributors industry which returned -11% over the past year.
Return vs Market: 2866 exceeded the Hong Kong Market which returned 19.9% over the past year.
Price Volatility
| 2866 volatility | |
|---|---|
| 2866 Average Weekly Movement | 6.6% |
| Trade Distributors Industry Average Movement | 9.1% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in HK Market | 18.6% |
| 10% least volatile stocks in HK Market | 4.1% |
Stable Share Price: 2866 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 2866's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 14,067 | Mingwen Zhang | development.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
| 2866 fundamental statistics | |
|---|---|
| Market cap | HK$31.06b |
| Earnings (TTM) | HK$1.69b |
| Revenue (TTM) | HK$26.63b |
8.1x
P/E Ratio0.5x
P/S RatioIs 2866 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2866 income statement (TTM) | |
|---|---|
| Revenue | CN¥24.99b |
| Cost of Revenue | CN¥19.68b |
| Gross Profit | CN¥5.31b |
| Other Expenses | CN¥3.73b |
| Earnings | CN¥1.59b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.12 |
| Gross Margin | 21.26% |
| Net Profit Margin | 6.35% |
| Debt/Equity Ratio | 280.9% |
How did 2866 perform over the long term?
See historical performance and comparisonDividends
4.0%
Current Dividend Yield44%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 22:55 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 52 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.
| Analyst | Institution |
|---|---|
| Xin Zhang | AJ Securities Co., Ltd |
| Jonathan Windham | Barclays |
| Wenlong Huang | BOCI Research Ltd. |