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COSCO SHIPPING Development SEHK:2866 Stock Report

Last Price

HK$1.01

Market Cap

HK$30.0b

7D

-1.9%

1Y

24.7%

Updated

19 Oct, 2024

Data

Company Financials +

COSCO SHIPPING Development Co., Ltd.

SEHK:2866 Stock Report

Market Cap: HK$30.0b

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$1.01
52 Week HighHK$1.24
52 Week LowHK$0.73
Beta0.66
11 Month Change17.44%
3 Month Change6.32%
1 Year Change24.69%
33 Year Change-31.29%
5 Year Change10.99%
Change since IPO-44.09%

Recent News & Updates

COSCO SHIPPING Development Co., Ltd.'s (HKG:2866) 39% Price Boost Is Out Of Tune With Earnings

Oct 07
COSCO SHIPPING Development Co., Ltd.'s (HKG:2866) 39% Price Boost Is Out Of Tune With Earnings

Investors Can Find Comfort In COSCO SHIPPING Development's (HKG:2866) Earnings Quality

Sep 06
Investors Can Find Comfort In COSCO SHIPPING Development's (HKG:2866) Earnings Quality

Recent updates

COSCO SHIPPING Development Co., Ltd.'s (HKG:2866) 39% Price Boost Is Out Of Tune With Earnings

Oct 07
COSCO SHIPPING Development Co., Ltd.'s (HKG:2866) 39% Price Boost Is Out Of Tune With Earnings

Investors Can Find Comfort In COSCO SHIPPING Development's (HKG:2866) Earnings Quality

Sep 06
Investors Can Find Comfort In COSCO SHIPPING Development's (HKG:2866) Earnings Quality

COSCO SHIPPING Development (HKG:2866) Has Announced That Its Dividend Will Be Reduced To CN¥0.0351

Jul 03
COSCO SHIPPING Development (HKG:2866) Has Announced That Its Dividend Will Be Reduced To CN¥0.0351

Returns On Capital At COSCO SHIPPING Development (HKG:2866) Have Hit The Brakes

Jun 10
Returns On Capital At COSCO SHIPPING Development (HKG:2866) Have Hit The Brakes

Subdued Growth No Barrier To COSCO SHIPPING Development Co., Ltd. (HKG:2866) With Shares Advancing 27%

May 13
Subdued Growth No Barrier To COSCO SHIPPING Development Co., Ltd. (HKG:2866) With Shares Advancing 27%

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

Shareholder Returns

2866HK Trade DistributorsHK Market
7D-1.9%-1.2%-1.0%
1Y24.7%-3.6%20.3%

Return vs Industry: 2866 exceeded the Hong Kong Trade Distributors industry which returned -3.6% over the past year.

Return vs Market: 2866 exceeded the Hong Kong Market which returned 20.3% over the past year.

Price Volatility

Is 2866's price volatile compared to industry and market?
2866 volatility
2866 Average Weekly Movement6.9%
Trade Distributors Industry Average Movement8.9%
Market Average Movement8.9%
10% most volatile stocks in HK Market18.9%
10% least volatile stocks in HK Market4.3%

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

FoundedEmployeesCEOWebsite
199714,067Mingwen 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$29.96b
Earnings (TTM)HK$1.32b
Revenue (TTM)HK$23.75b

10.4x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2866 income statement (TTM)
RevenueCN¥21.70b
Cost of RevenueCN¥16.52b
Gross ProfitCN¥5.19b
Other ExpensesCN¥3.98b
EarningsCN¥1.20b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 30, 2024

Earnings per share (EPS)0.089
Gross Margin23.89%
Net Profit Margin5.55%
Debt/Equity Ratio289.4%

How did 2866 perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

57%

Payout Ratio

Does 2866 pay a reliable dividends?

See 2866 dividend history and benchmarks
When do you need to buy 2866 by to receive an upcoming dividend?
COSCO SHIPPING Development dividend dates
Ex Dividend DateOct 08 2024
Dividend Pay DateOct 28 2024
Days until Ex dividend12 days
Days until Dividend pay date8 days

Does 2866 pay a reliable dividends?

See 2866 dividend history and benchmarks