COSCO SHIPPING Holdings Past Earnings Performance
Past criteria checks 2/6
COSCO SHIPPING Holdings has been growing earnings at an average annual rate of 34.4%, while the Shipping industry saw earnings growing at 48.3% annually. Revenues have been growing at an average rate of 14% per year. COSCO SHIPPING Holdings's return on equity is 11%, and it has net margins of 13.3%.
Key information
34.4%
Earnings growth rate
34.1%
EPS growth rate
| Shipping Industry Growth | 51.9% |
| Revenue growth rate | 14.0% |
| Return on equity | 11.0% |
| Net Margin | 13.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How COSCO SHIPPING Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 176,017 | 23,488 | 6,576 | 1,096 |
| 31 Dec 23 | 175,101 | 23,860 | 6,935 | 1,049 |
| 30 Sep 23 | 209,060 | 34,289 | 6,839 | 1,123 |
| 30 Jun 23 | 272,109 | 61,325 | 7,296 | 1,448 |
| 31 Mar 23 | 332,882 | 89,094 | 10,009 | 1,404 |
| 31 Dec 22 | 390,806 | 109,703 | 10,454 | 1,357 |
| 30 Sep 22 | 418,770 | 119,094 | 12,644 | 1,167 |
| 30 Jun 22 | 405,222 | 117,082 | 13,010 | 814 |
| 31 Mar 22 | 374,381 | 101,525 | 11,932 | 970 |
| 31 Dec 21 | 333,694 | 89,349 | 11,633 | 849 |
| 30 Sep 21 | 285,029 | 73,699 | 10,474 | 722 |
| 30 Jun 21 | 236,470 | 45,888 | 10,410 | 530 |
| 31 Mar 21 | 199,993 | 25,088 | 10,004 | 233 |
| 31 Dec 20 | 171,259 | 9,927 | 9,754 | 260 |
| 30 Sep 20 | 157,148 | 8,508 | 10,012 | 485 |
| 30 Jun 20 | 153,008 | 6,664 | 9,922 | 426 |
| 31 Mar 20 | 152,090 | 6,368 | 9,944 | 347 |
| 31 Dec 19 | 151,057 | 6,764 | 9,869 | 277 |
| 30 Sep 19 | 150,317 | 2,484 | 9,587 | 21 |
| 30 Jun 19 | 147,855 | 2,426 | 9,386 | 18 |
| 31 Mar 19 | 133,981 | 1,737 | 8,030 | 20 |
| 31 Dec 18 | 120,830 | 1,230 | 6,933 | 20 |
| 30 Sep 18 | 104,995 | 789 | 6,282 | 13 |
| 30 Jun 18 | 92,071 | 839 | 5,277 | 15 |
| 31 Mar 18 | 92,286 | 2,573 | 5,298 | 14 |
| 31 Dec 17 | 90,464 | 2,662 | 5,230 | 14 |
| 30 Sep 17 | 88,627 | 2,007 | 4,586 | 3 |
| 30 Jun 17 | 83,476 | -874 | 4,341 | 2 |
| 31 Mar 17 | 77,693 | -5,176 | 4,043 | 0 |
| 31 Dec 16 | 71,160 | -9,906 | 4,119 | 0 |
| 30 Sep 16 | 65,469 | -9,030 | 4,333 | 0 |
| 30 Jun 16 | 62,372 | -8,673 | 4,515 | 0 |
| 31 Mar 16 | 60,430 | -2,983 | 4,726 | 0 |
| 31 Dec 15 | 65,036 | 469 | 4,735 | 0 |
| 30 Sep 15 | 66,646 | 1,339 | 4,317 | 0 |
| 30 Jun 15 | 68,250 | 4,613 | 4,264 | 0 |
| 31 Mar 15 | 68,341 | 1,235 | 4,300 | 0 |
| 31 Dec 14 | 64,374 | 363 | 4,182 | 0 |
| 30 Sep 14 | 63,264 | 1,615 | 4,127 | 0 |
| 30 Jun 14 | 61,661 | -1,051 | 4,093 | 0 |
| 31 Mar 14 | 60,904 | 343 | 4,074 | 0 |
| 31 Dec 13 | 61,934 | 235 | 4,361 | 0 |
| 30 Sep 13 | 64,467 | -5,190 | 4,652 | 0 |
| 30 Jun 13 | 67,642 | -5,678 | 4,836 | 0 |
Quality Earnings: CICO.F has high quality earnings.
Growing Profit Margin: CICO.F's current net profit margins (13.3%) are lower than last year (26.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CICO.F's earnings have grown significantly by 34.4% per year over the past 5 years.
Accelerating Growth: CICO.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CICO.F had negative earnings growth (-73.6%) over the past year, making it difficult to compare to the Shipping industry average (-59.3%).
Return on Equity
High ROE: CICO.F's Return on Equity (11%) is considered low.