COSCO SHIPPING Development Co., Ltd.

SHSC:2866 Stock Report

Market Cap: HK$31.3b

COSCO SHIPPING Development Past Earnings Performance

Past criteria checks 3/6

COSCO SHIPPING Development's earnings have been declining at an average annual rate of -3%, while the Trade Distributors industry saw earnings growing at 18.8% annually. Revenues have been growing at an average rate of 3.9% per year. COSCO SHIPPING Development's return on equity is 5.2%, and it has net margins of 6.3%.

Key information

-3.0%

Earnings growth rate

-3.3%

EPS growth rate

Trade Distributors Industry Growth7.5%
Revenue growth rate3.9%
Return on equity5.2%
Net Margin6.3%
Next Earnings Update29 Mar 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

SHSC:2866 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2424,9911,5861,00874
30 Jun 2421,7011,2041,15585
31 Mar 2417,0601,4581,28690
31 Dec 2315,6851,4091,22787
30 Sep 2317,1961,4091,03673
30 Jun 2318,1652,33299379
31 Mar 2322,9932,9431,11296
31 Dec 2225,6343,9221,10494
30 Sep 2228,0124,2161,192112
30 Jun 2233,9045,7441,372104
31 Mar 2237,4196,6401,19980
31 Dec 2137,1686,0911,45774
30 Sep 2135,6346,0621,60360
30 Jun 2128,8564,3251,55434
30 Mar 2122,7192,6271,41324
31 Dec 2020,2202,1411,27122
30 Sep 2016,7632,1241,0399
30 Jun 2015,2031,6931,0279
31 Mar 2014,4781,4891,0779
31 Dec 1914,2291,7439949
30 Sep 1913,4401,8729303
30 Jun 1914,9871,9637273
31 Mar 1916,0921,7028224
31 Dec 1816,6841,3868824
30 Sep 1817,6151,1281,2361
30 Jun 1817,0107341,2141
31 Mar 1816,3161,3951,1240
31 Dec 1716,3411,4629830
30 Sep 1715,8501,0331,2160
30 Jun 1715,0431,4411,1030
31 Mar 1714,3981,5761,1280
31 Dec 1615,9653691,2500
30 Sep 1621,3945311,1060
30 Jun 1626,982-1,0511,2490
31 Mar 1632,748-1,7441,2230
31 Dec 1536,581-1991,3590
30 Sep 1536,9631421,1560
30 Jun 1537,1001,4351,0860
31 Mar 1536,8921,6851,0750
31 Dec 1436,2331,0619000
30 Sep 1435,645-3139360
30 Jun 1435,609-9209240
31 Mar 1434,805-1,8969020
31 Dec 1334,341-2,6468880

Quality Earnings: 2866 has high quality earnings.

Growing Profit Margin: 2866's current net profit margins (6.3%) are lower than last year (8.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2866's earnings have declined by 3% per year over the past 5 years.

Accelerating Growth: 2866's earnings growth over the past year (12.6%) exceeds its 5-year average (-3% per year).

Earnings vs Industry: 2866 earnings growth over the past year (12.6%) exceeded the Trade Distributors industry 7.3%.

Return on Equity

High ROE: 2866's Return on Equity (5.2%) 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 Analysis2024/12/27 04:38
End of Day Share Price 2024/12/27 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 Development Co., Ltd. is covered by 51 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.

AnalystInstitution
Xin ZhangAJ Securities Co., Ltd
Jonathan WindhamBarclays
Wenlong HuangBOCI Research Ltd.