company background image
1919

COSCO SHIPPING HoldingsSEHK:1919 Stock Report

Market Cap

HK$273.8b

7D

1.9%

1Y

104.4%

Updated

26 Nov, 2021

Data

Company Financials +
1919 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends0/6

1919 Stock Overview

COSCO SHIPPING Holdings Co., Ltd., an investment holding company, engages in the container shipping, container terminals, and other businesses in the United States, Europe, the Asia Pacific, Mainland China, and internationally.

COSCO SHIPPING Holdings Competitors

A.P. Møller - Mærsk

CPSE:MAERSK B

kr.349.8b

Evergreen Marine Corporation (Taiwan)

TWSE:2603

NT$658.7b

Yang Ming Marine Transport

TWSE:2609

NT$399.8b

Nippon Yusen Kabushiki Kaisha

TSE:9101

JP¥1.3t

Price History & Performance

Summary of all time highs, changes and price drops for COSCO SHIPPING Holdings
Historical stock prices
Current Share PriceHK$11.68
52 Week HighHK$17.48
52 Week LowHK$5.07
Beta1.9
1 Month Change-0.17%
3 Month Change-19.45%
1 Year Change104.36%
3 Year Change377.48%
5 Year Change388.23%
Change since IPO356.51%

Recent News & Updates

Oct 25
Is COSCO SHIPPING Holdings Co., Ltd. (HKG:1919) Potentially Undervalued?

Is COSCO SHIPPING Holdings Co., Ltd. (HKG:1919) Potentially Undervalued?

Let's talk about the popular COSCO SHIPPING Holdings Co., Ltd. ( HKG:1919 ). The company's shares saw a decent share...

Oct 08
Here's Why I Think COSCO SHIPPING Holdings (HKG:1919) Might Deserve Your Attention Today

Here's Why I Think COSCO SHIPPING Holdings (HKG:1919) Might Deserve Your Attention Today

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Sep 05
These 4 Measures Indicate That COSCO SHIPPING Holdings (HKG:1919) Is Using Debt Safely

These 4 Measures Indicate That COSCO SHIPPING Holdings (HKG:1919) Is Using Debt Safely

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

1919HK ShippingHK Market
7D1.9%5.1%-0.5%
1Y104.4%107.8%-4.2%

Return vs Industry: 1919 underperformed the Hong Kong Shipping industry which returned 107.8% over the past year.

Return vs Market: 1919 exceeded the Hong Kong Market which returned -4.2% over the past year.

Price Volatility

Is 1919's price volatile compared to industry and market?
1919 volatility
1919 Average Weekly Movement9.0%
Shipping Industry Average Movement7.7%
Market Average Movement6.9%
10% most volatile stocks in HK Market13.4%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 1919 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 1919's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200529,379Zhijian Yanghttps://hold.coscoshipping.com

COSCO SHIPPING Holdings Co., Ltd., an investment holding company, engages in the container shipping, container terminals, and other businesses in the United States, Europe, the Asia Pacific, Mainland China, and internationally. The company operates through Container Shipping Business, Container Terminal Business, and Corporate and Other Operations segments. It offers container transportation, container stack, cargo storage, freight forwarding and transportation, logistics, vessel chartering, marine, document, vessel management and manning, shipping lines, vessel owning, and other international sea transportation services, as well as operates shipping and liner agencies.

COSCO SHIPPING Holdings Fundamentals Summary

How do COSCO SHIPPING Holdings's earnings and revenue compare to its market cap?
1919 fundamental statistics
Market CapCN¥224.27b
Earnings (TTM)CN¥73.66b
Revenue (TTM)CN¥285.03b

2.1x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1919 income statement (TTM)
RevenueCN¥285.03b
Cost of RevenueCN¥172.99b
Gross ProfitCN¥112.03b
ExpensesCN¥38.38b
EarningsCN¥73.66b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)4.60
Gross Margin39.31%
Net Profit Margin25.84%
Debt/Equity Ratio60.3%

How did 1919 perform over the long term?

See historical performance and comparison

Valuation

Is COSCO SHIPPING Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1919 (HK$11.68) is trading below our estimate of fair value (HK$24.55)

Significantly Below Fair Value: 1919 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1919 is good value based on its PE Ratio (2.1x) compared to the Hong Kong Shipping industry average (8.9x).

PE vs Market: 1919 is good value based on its PE Ratio (2.1x) compared to the Hong Kong market (9.5x).


Price to Earnings Growth Ratio

PEG Ratio: 1919's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 1919's PB Ratio (1.4x) is in line with the HK Shipping industry average.


Future Growth

How is COSCO SHIPPING Holdings forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

-55.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1919's earnings are forecast to decline over the next 3 years (-55.6% per year).

Earnings vs Market: 1919's earnings are forecast to decline over the next 3 years (-55.6% per year).

High Growth Earnings: 1919's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 1919's revenue is expected to decline over the next 3 years (-14.8% per year).

High Growth Revenue: 1919's revenue is forecast to decline over the next 3 years (-14.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1919's Return on Equity is forecast to be low in 3 years time (19%).


Past Performance

How has COSCO SHIPPING Holdings performed over the past 5 years?

84.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1919 has high quality earnings.

Growing Profit Margin: 1919's current net profit margins (25.8%) are higher than last year (5.4%).


Past Earnings Growth Analysis

Earnings Trend: 1919 has become profitable over the past 5 years, growing earnings by 84.7% per year.

Accelerating Growth: 1919's earnings growth over the past year (765.7%) exceeds its 5-year average (84.7% per year).

Earnings vs Industry: 1919 earnings growth over the past year (765.7%) exceeded the Shipping industry 112.7%.


Return on Equity

High ROE: 1919's Return on Equity (56.1%) is considered outstanding.


Financial Health

How is COSCO SHIPPING Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1919's short term assets (CN¥169.8B) exceed its short term liabilities (CN¥101.8B).

Long Term Liabilities: 1919's short term assets (CN¥169.8B) exceed its long term liabilities (CN¥119.2B).


Debt to Equity History and Analysis

Debt Level: 1919 has more cash than its total debt.

Reducing Debt: 1919's debt to equity ratio has reduced from 161.7% to 60.3% over the past 5 years.

Debt Coverage: 1919's debt is well covered by operating cash flow (148.1%).

Interest Coverage: 1919's interest payments on its debt are well covered by EBIT (491.3x coverage).


Balance Sheet


Dividend

What is COSCO SHIPPING Holdings's current dividend yield, its reliability and sustainability?

6.23%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1919's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1919's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1919's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1919's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1919 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1919's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average management tenure


CEO

Zhijian Yang (57 yo)

2.25yrs

Tenure

CN¥4,000,000

Compensation

Mr. Zhijian Yang serves as Chairman of the Board and Managing Director at COSCO SHIPPING Lines Co., Ltd. He serves as Chief Executive Officer at Orient Overseas Container Line Limited and serves as its Dir...


CEO Compensation Analysis

Compensation vs Market: Zhijian's total compensation ($USD626.32K) is below average for companies of similar size in the Hong Kong market ($USD1.22M).

Compensation vs Earnings: Zhijian's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: 1919's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: 1919's board of directors are considered experienced (3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

COSCO SHIPPING Holdings Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: COSCO SHIPPING Holdings Co., Ltd.
  • Ticker: 1919
  • Exchange: SEHK
  • Founded: 2005
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: HK$273.809b
  • Shares outstanding: 16.01b
  • Website: https://hold.coscoshipping.com

Number of Employees


Location

  • COSCO SHIPPING Holdings Co., Ltd.
  • No. 658 Dong Da Ming Road
  • 8th Floor
  • Shanghai
  • Shanghai Province
  • 200080
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 10:03
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.