Stock Analysis
- Hong Kong
- /
- Marine and Shipping
- /
- SEHK:1919
COSCO SHIPPING Holdings First Quarter 2024 Earnings: EPS: CN¥0.42 (vs CN¥0.44 in 1Q 2023)
COSCO SHIPPING Holdings (HKG:1919) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥48.3b (up 1.9% from 1Q 2023).
- Net income: CN¥6.76b (down 5.2% from 1Q 2023).
- Profit margin: 14% (down from 15% in 1Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.42 (down from CN¥0.44 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
COSCO SHIPPING Holdings Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Shipping industry in Hong Kong.
Performance of the Hong Kong Shipping industry.
The company's shares are up 11% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for COSCO SHIPPING Holdings (1 can't be ignored!) that we have uncovered.
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Find out whether COSCO SHIPPING Holdings is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About SEHK:1919
COSCO SHIPPING Holdings
An investment holding company, engages in the container shipping, managing and operating container terminals, and other terminal related businesses in the United States, Europe, the Asia Pacific, Mainland China, and internationally.
Flawless balance sheet and undervalued.