COSCO SHIPPING Holdings Balance Sheet Health
Financial Health criteria checks 6/6
COSCO SHIPPING Holdings has a total shareholder equity of CN¥271.1B and total debt of CN¥43.5B, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are CN¥488.7B and CN¥217.6B respectively. COSCO SHIPPING Holdings's EBIT is CN¥46.4B making its interest coverage ratio -5.9. It has cash and short-term investments of CN¥190.9B.
Key information
16.0%
Debt to equity ratio
CN¥43.49b
Debt
| Interest coverage ratio | -5.9x |
| Cash | CN¥190.91b |
| Equity | CN¥271.10b |
| Total liabilities | CN¥217.62b |
| Total assets | CN¥488.72b |
Recent financial health updates
COSCO SHIPPING Holdings (HKG:1919) Has A Pretty Healthy Balance Sheet
Oct 21
Here's Why COSCO SHIPPING Holdings (HKG:1919) Can Manage Its Debt Responsibly
Jul 12We Think COSCO SHIPPING Holdings (HKG:1919) Can Stay On Top Of Its Debt
Feb 28Recent updates
Improved Earnings Required Before COSCO SHIPPING Holdings Co., Ltd. (HKG:1919) Shares Find Their Feet
Nov 19COSCO SHIPPING Holdings (HKG:1919) Has A Pretty Healthy Balance Sheet
Oct 21Returns At COSCO SHIPPING Holdings (HKG:1919) Are On The Way Up
Oct 04Is It Too Late To Consider Buying COSCO SHIPPING Holdings Co., Ltd. (HKG:1919)?
Sep 19COSCO SHIPPING Holdings Co., Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Sep 02The Market Doesn't Like What It Sees From COSCO SHIPPING Holdings Co., Ltd.'s (HKG:1919) Earnings Yet As Shares Tumble 27%
Jul 21Here's Why COSCO SHIPPING Holdings (HKG:1919) Can Manage Its Debt Responsibly
Jul 12Is There An Opportunity With COSCO SHIPPING Holdings Co., Ltd.'s (HKG:1919) 50% Undervaluation?
Jun 28COSCO SHIPPING Holdings Co., Ltd.'s (HKG:1919) 29% Price Boost Is Out Of Tune With Earnings
May 31Here's Why COSCO SHIPPING Holdings Co., Ltd.'s (HKG:1919) CEO Compensation Is The Least Of Shareholders Concerns
May 22Is Now An Opportune Moment To Examine COSCO SHIPPING Holdings Co., Ltd. (HKG:1919)?
Apr 22Earnings Troubles May Signal Larger Issues for COSCO SHIPPING Holdings (HKG:1919) Shareholders
Apr 04Earnings Working Against COSCO SHIPPING Holdings Co., Ltd.'s (HKG:1919) Share Price
Mar 18We Think COSCO SHIPPING Holdings (HKG:1919) Can Stay On Top Of Its Debt
Feb 28Returns Are Gaining Momentum At COSCO SHIPPING Holdings (HKG:1919)
Jan 23Financial Position Analysis
Short Term Liabilities: 1919's short term assets (CN¥216.4B) exceed its short term liabilities (CN¥132.3B).
Long Term Liabilities: 1919's short term assets (CN¥216.4B) exceed its long term liabilities (CN¥85.3B).
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 200.8% to 16% over the past 5 years.
Debt Coverage: 1919's debt is well covered by operating cash flow (123.7%).
Interest Coverage: 1919 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 07:03 |
| End of Day Share Price | 2025/01/21 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 Holdings Co., Ltd. is covered by 55 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jonathan Windham | Barclays |
| Sarah Liu | BNP Paribas Securities (Asia) |
| Wenlong Huang | BOCI Research Ltd. |