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COSCO SHIPPING Development SZSC:2866 Stock Report

Last Price

HK$1.00

Market Cap

HK$30.3b

7D

-4.8%

1Y

25.0%

Updated

25 Nov, 2024

Data

Company Financials +

COSCO SHIPPING Development Co., Ltd.

SZSC:2866 Stock Report

Market Cap: HK$30.3b

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$1.00
52 Week HighHK$1.24
52 Week LowHK$0.73
Beta0.66
11 Month Change-2.91%
3 Month Change7.53%
1 Year Change25.00%
33 Year Change-30.56%
5 Year Change13.64%
Change since IPO-45.65%

Recent News & Updates

Recent updates

Shareholder Returns

2866HK Trade DistributorsHK Market
7D-4.8%-2.0%-0.6%
1Y25.0%-9.4%9.6%

Return vs Industry: 2866 exceeded the Hong Kong Trade Distributors industry which returned -9.4% over the past year.

Return vs Market: 2866 exceeded the Hong Kong Market which returned 9.6% over the past year.

Price Volatility

Is 2866's price volatile compared to industry and market?
2866 volatility
2866 Average Weekly Movement6.8%
Trade Distributors Industry Average Movement8.7%
Market Average Movement8.9%
10% most volatile stocks in HK Market19.2%
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$30.34b
Earnings (TTM)HK$1.70b
Revenue (TTM)HK$26.84b

7.9x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2866 income statement (TTM)
RevenueCN¥24.99b
Cost of RevenueCN¥19.68b
Gross ProfitCN¥5.31b
Other ExpensesCN¥3.73b
EarningsCN¥1.59b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin21.26%
Net Profit Margin6.35%
Debt/Equity Ratio280.9%

How did 2866 perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

44%

Payout Ratio