1. Hong Kong Stocks

  2. •

    Transportation

  3. •

    Marine shipping
Courage Investment Group Limited

Courage Investment Group Limited

0.12
HKD
-0.01
(-9.09%)
899.51MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.07
0.04
0.02
0.01
0.02
0.02
0.03
0.01
0.01
0.01
0.01
0.01
- -
- -
Basic EPS, GAAP
- -
-0.03
-0.1
-0.04
0.02
- -
- -
-0.01
0.01
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
-0.03
-0.03
-0.02
-0.02
-0.01
- -
-0.01
- -
- -
- -
- -
-0.01
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.18
0.15
0.07
0.03
0.07
0.07
0.07
0.09
0.06
0.06
0.05
0.05
- -
0.05
Tangible Book Value per Share
0.18
0.15
0.07
0.03
0.07
0.07
0.07
0.09
0.06
0.06
0.05
0.05
- -
0.05
Basic Weighted Avg Shares
381
381
386
457
545
591
549
646
1,093
1,098
1,098
1,098
1,098
480
Sales/Revenue/Turnover
25
17
7
5
10
12
15
8
10
12
9
9
- -
- -
Operating Margin (%)
-3.01
-38.71
-115.7
-124.62
10.78
6.03
11.12
19.34
-21.26
20.56
-6.11
4.55
- -
- -
Depreciation Expense
2
2
2
1
- -
- -
1
2
1
2
2
2
- -
- -
Net Income, GAAP
-2
-10
-37
-17
10
1
- -
-3
10
1
-4
2
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
0.08
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-7.11
-58.81
-552.95
-382.34
99.88
10.26
1.22
-43.81
107.7
9.08
-46.69
18.58
- -
- -
Working Capital
16
11
15
1
8
- -
-1
4
8
14
17
19
- -
- -
LT Debt
30
32
22
12
13
5
13
10
5
1
- -
- -
- -
10
Total Equity
67
58
33
15
38
43
44
50
61
61
57
59
- -
26
Return on Invested Capital (%)
- -
- -
- -
- -
- -
8.88
2.31
- -
16.57
2.58
- -
1.05
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
3.67
2.03
- -
15.95
2.17
- -
2.96
- -
- -
Return on Common Equity (%)
-2.63
-15.47
-81.11
-72.68
37.26
3.09
0.41
-7.43
18.9
1.83
-6.72
2.94
- -
- -

Capital Structure

USD

•

in mil. unless spec.
Sep'16
Dec'16
Jun'17
ST Debt
3
8
9
LT Borrowings
18
12
10
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
457
457
549
Market Capitalization
81
77
115

Working Capital

USD

•

in mil. unless spec.
Sep'16
Dec'16
Jun'17
Total Current Assets
15
11
10
Cash, Cash Equivalents & STI
3
6
7
Accounts Receivable, Net
- -
- -
- -
Inventories
1
- -
1
Total Current Liabilities
6
10
10
Payables & Accruals
- -
- -
- -
ST Debt
3
8
9
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
9
2024
- -
- -
9
2025
- -
- -
- -

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ying Ha Wu
Full Time Employees
18
Sector
Transportation
Industry
Marine shipping
Address
Sun Hung Kai Centre Hong Kong Hong Kong
IPO Date
Jun 24, 2011
Website
courageinv.com
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Business
Courage Investment Group Limited is an investment holding company principally engaged in marine transportation, investment holding, property holding and investment, and merchandise trading. Founded in 2001 and headquartered in Wan Chai, Hong Kong, with its registered office in Hamilton, Bermuda, the company operates primarily in Asia, including Hong Kong, the People's Republic of China, Taiwan, and other regional markets; it owns and operates a fleet of three dry bulk Supramax vessels with an aggregate deadweight tonnage of approximately 171,000 dwt for chartering services transporting bulk commodities such as cement, wood chips, coal, iron ore, and minerals; it provides vessel chartering and management services; it trades merchandise including electronic components; it holds and invests in properties; and it invests in corporate bonds and equity securities while offering management services. In 2024, the company disposed of its dry bulk Supramax vessel Zorina for US$13,800,000 and completed the acquisition of the entire issued share capital and shareholder's loan of a company holding rights to a second-hand dry bulk Supramax vessel Diva for a maximum consideration of US$15,450,100, with the vessel acquisition finalized on December 27; it reported revenue of US$9,183,000, up 8% from 2023, driven by higher marine transportation earnings amid improved dry bulk market conditions influenced by global economic recovery, constrained vessel supply, and the Red Sea Crisis; it fully repaid all borrowings, reducing finance costs by 89% and achieving a zero gearing ratio; and in early 2025, significant board changes occurred including the appointment of Ms. Liu Sainan as Chairlady, Mr. Wu Ying Ha as Chief Executive Officer, new independent non-executive directors, and resignations of prior executives and directors, with China Mark Limited, wholly-owned by Ms. Liu Sainan, becoming the ultimate holding company.