SGX:F83

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COSCO Shipping International (Singapore)

Executive Summary

COSCO Shipping International (Singapore) Co., Ltd., an investment holding company, provides integrated logistics services in South and Southeast Asia. More Details


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

How has COSCO Shipping International (Singapore)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: F83 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: F83's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

5.2%

F83

2.3%

SG Logistics

1.4%

SG Market


1 Year Return

-1.6%

F83

-14.9%

SG Logistics

-10.9%

SG Market

Return vs Industry: F83 exceeded the SG Logistics industry which returned -14.9% over the past year.

Return vs Market: F83 exceeded the SG Market which returned -10.9% over the past year.


Shareholder returns

F83IndustryMarket
7 Day5.2%2.3%1.4%
30 Day15.1%6.7%5.1%
90 Day64.0%21.2%17.2%
1 Year-1.6%-1.6%-13.2%-14.9%-6.1%-10.9%
3 Year-40.2%-40.2%-38.3%-42.0%-9.4%-20.5%
5 Year-12.9%-12.9%-36.0%-43.2%27.3%3.9%

Long-Term Price Volatility Vs. Market

How volatile is COSCO Shipping International (Singapore)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is COSCO Shipping International (Singapore) 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: F83 (SGD0.31) is trading below our estimate of fair value (SGD1.59)

Significantly Below Fair Value: F83 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: F83 is poor value based on its PE Ratio (163.3x) compared to the XA Logistics industry average (22.7x).

PE vs Market: F83 is poor value based on its PE Ratio (163.3x) compared to the SG market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate F83's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: F83 is overvalued based on its PB Ratio (1.3x) compared to the SG Logistics industry average (1x).


Next Steps

Future Growth

How is COSCO Shipping International (Singapore) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.0%

Forecasted Transportation industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if F83's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if F83's earnings are forecast to grow faster than the SG market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if F83's revenue is forecast to grow faster than the SG market.

High Growth Revenue: Insufficient data to determine if F83's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if F83's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has COSCO Shipping International (Singapore) performed over the past 5 years?

25.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: F83 has a large one-off gain of SGD1.8M impacting its June 30 2020 financial results.

Growing Profit Margin: F83's current net profit margins (2.4%) are lower than last year (7.5%).


Past Earnings Growth Analysis

Earnings Trend: F83 has become profitable over the past 5 years, growing earnings by 25.4% per year.

Accelerating Growth: F83's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: F83 had negative earnings growth (-66%) over the past year, making it difficult to compare to the Logistics industry average (5.7%).


Return on Equity

High ROE: F83's Return on Equity (0.9%) is considered low.


Next Steps

Financial Health

How is COSCO Shipping International (Singapore)'s financial position?


Financial Position Analysis

Short Term Liabilities: F83's short term assets (SGD120.4M) exceed its short term liabilities (SGD87.2M).

Long Term Liabilities: F83's short term assets (SGD120.4M) do not cover its long term liabilities (SGD376.9M).


Debt to Equity History and Analysis

Debt Level: F83's debt to equity ratio (45.5%) is considered high.

Reducing Debt: F83's debt to equity ratio has reduced from 250.5% to 45.5% over the past 5 years.

Debt Coverage: F83's debt is well covered by operating cash flow (27.1%).

Interest Coverage: F83's interest payments on its debt are not well covered by EBIT (0.6x coverage).


Balance Sheet


Next Steps

Dividend

What is COSCO Shipping International (Singapore) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate F83's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate F83'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 F83's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if F83's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: F83 is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of F83's dividend in 3 years as they are not forecast to pay a notable one for the SG market.


Next Steps

Management

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

2.4yrs

Average management tenure


CEO

COSCO Shipping International (Singapore) has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Jian Dong Zhu
Chairman of the Board & President1.17yrsno datano data
Kang Tian Wang
CFO & Chief Risk Officer3.17yrsno datano data
Xiao Qing Yang
General Manager of Investor Relationsno datano datano data
Wei Hsiung Lee
Company Secretary2.42yrsno datano data
Shin Lin Wang
Company Secretary2.42yrsno datano data

2.4yrs

Average Tenure

Experienced Management: F83's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jian Dong Zhu
Chairman of the Board & President1.17yrsno datano data
Kai Yuen Wang
Independent Non-Executive Director19.67yrsno data0.045%
SGD 305.0k
Kwong Wah Er
Independent Non-Executive Director18.08yrsno data0.029%
SGD 198.3k
Swee Tian Ang
Lead Independent & Non-Executive Director2.75yrsno data0.0060%
SGD 41.2k
Xi Bei Li
Non-Independent Executive Director4.42yrsno datano data

4.4yrs

Average Tenure

72yo

Average Age

Experienced Board: F83's board of directors are considered experienced (4.4 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.


Ownership Breakdown

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


Top Shareholders

Company Information

COSCO Shipping International (Singapore) Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: COSCO Shipping International (Singapore) Co., Ltd.
  • Ticker: F83
  • Exchange: SGX
  • Founded: 1961
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: S$682.970m
  • Shares outstanding: 2.24b
  • Website: https://www.cosco.com.sg

Number of Employees


Location

  • COSCO Shipping International (Singapore) Co., Ltd.
  • No. 26-01 Prudential Tower
  • 30 Cecil Street
  • Singapore
  • 49712
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
COIV.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
F83SGX (Singapore Exchange)YesOrdinary SharesSGSGDJan 1992
VZSDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
CSCM.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDAug 1995

Biography

COSCO Shipping International (Singapore) Co., Ltd., an investment holding company, provides integrated logistics services in South and Southeast Asia. It operates through Shipping, Ship Repair and Marine E...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 11:09
End of Day Share Price2021/01/15 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.