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COSCO SHIPPING Development SHSC:2866 Stock Report

Last Price

HK$0.95

Market Cap

HK$32.3b

7D

13.1%

1Y

-9.5%

Updated

13 May, 2024

Data

Company Financials

COSCO SHIPPING Development Co., Ltd.

SHSC:2866 Stock Report

Market Cap: HK$32.3b

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$0.95
52 Week HighHK$1.05
52 Week LowHK$0.73
Beta0.70
1 Month Change20.25%
3 Month Change23.38%
1 Year Change-9.52%
3 Year Change-38.71%
5 Year Change-3.06%
Change since IPO-57.96%

Recent News & Updates

Recent updates

Shareholder Returns

2866HK Trade DistributorsHK Market
7D13.1%4.0%4.6%
1Y-9.5%-4.6%-1.1%

Return vs Industry: 2866 underperformed the Hong Kong Trade Distributors industry which returned -4.6% over the past year.

Return vs Market: 2866 underperformed the Hong Kong Market which returned -1.1% over the past year.

Price Volatility

Is 2866's price volatile compared to industry and market?
2866 volatility
2866 Average Weekly Movement5.9%
Trade Distributors Industry Average Movement8.3%
Market Average Movement7.4%
10% most volatile stocks in HK Market15.2%
10% least volatile stocks in HK Market3.7%

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

Volatility Over Time: 2866's weekly volatility (6%) 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$32.31b
Earnings (TTM)HK$1.57b
Revenue (TTM)HK$18.43b

8.6x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2866 income statement (TTM)
RevenueCN¥17.06b
Cost of RevenueCN¥12.24b
Gross ProfitCN¥4.82b
Other ExpensesCN¥3.36b
EarningsCN¥1.46b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.11
Gross Margin28.25%
Net Profit Margin8.54%
Debt/Equity Ratio302.0%

How did 2866 perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

30%

Payout Ratio
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