COSCO SHIPPING Development Co., Ltd. Class A

COSCO SHIPPING Development Co., Ltd. Class A

0.10
EUR
+0.00
(+0.31%)
0.01EPS
8.29P/E
3.73BMarket Cap
Oct 30Next Earn
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
0.94
0.99
1
0.44
0.45
0.46
0.33
0.47
0.97
0.6
0.37
0.65
0.61
1.29
Basic EPS, GAAP
-0.07
0.03
-0.01
0.01
0.04
0.04
0.04
0.05
0.16
0.09
0.03
0.04
0.04
0.08
Free Cash Flow per Basic Share
-0.1
-0.08
-0.23
-0.19
-0.1
-0.37
-0.41
-0.57
-0.52
- -
-0.01
-0.08
-0.11
- -
Dividend per Share
0.02
0.02
0.03
0.05
0.09
0.11
0.12
0.11
0.09
0.14
0.12
0.12
0.1
0.18
Book Value per Share
0.65
0.68
1.22
0.36
0.44
0.49
0.67
0.75
0.77
0.68
0.69
0.71
0.74
0.76
Tangible Book Value per Share
0.65
0.68
1.22
0.36
0.44
0.49
0.66
0.74
0.75
0.66
0.67
0.7
0.73
0.75
Basic Weighted Avg Shares
36,629
36,646
36,546
36,687
36,639
36,645
42,597
42,864
38,354
42,405
42,441
42,424
41,565
20,223
Sales/Revenue/Turnover
34,341
36,233
36,581
15,965
16,341
16,684
14,229
20,220
37,168
25,634
15,685
27,627
25,201
26,095
Operating Margin (%)
-8.28
1.13
-1.34
6.24
16.59
21
19.1
19.51
24.76
23.54
23.25
13.16
14.33
12.94
Depreciation Expense
1,546
1,591
2,909
2,835
3,275
3,206
3,141
3,464
2,166
2,320
2,533
2,775
3,007
- -
Net Income, GAAP
-2,646
1,061
-199
369
1,462
1,386
1,743
2,141
6,091
3,922
1,409
1,686
1,609
1,709
Effective Tax Rate (%)
- -
33.94
197.94
32.84
21.74
21.78
10.28
13.56
23.06
18.73
- -
7.1
15.92
12.73
Profit Margin (%)
-7.71
2.93
-0.54
2.31
8.95
8.31
12.25
10.59
16.39
15.3
8.98
6.1
6.39
6.55
Working Capital
3,928
102
-12,917
-20,885
-16,379
-24,702
-24,468
-26,622
-20,313
-17,186
-15,590
-21,243
-26,157
-17,985
LT Debt
12,709
15,257
28,475
65,529
66,653
61,207
63,273
53,875
45,412
56,556
57,798
55,698
53,030
59,351
Total Equity
24,218
24,877
45,277
13,563
16,745
18,037
24,208
27,406
32,689
28,893
29,284
30,606
31,228
31,791
Return on Invested Capital (%)
- -
1.54
0.32
0.15
1.34
1.1
1.32
1.53
4.7
3.19
- -
1.38
1.43
1.41
Return on Capital (%)
- -
2.9
-1.18
1.38
2.98
3.14
3.62
2.92
5.62
4.82
- -
4.59
3.72
3.6
Return on Common Equity (%)
-10.52
4.37
-0.57
1.27
9.95
8.11
8.25
8.3
20.27
12.74
4.84
5.66
5.27
5.51

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
39,838
40,408
40,028
LT Borrowings
52,954
55,866
59,319
LT Finance Leases
76
62
32
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
41,379
41,379
41,249
Market Capitalization
36,732
37,940
28,903

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
20,503
25,563
29,548
Cash, Cash Equivalents & STI
10,279
14,048
18,408
Accounts Receivable, Net
2,069
2,242
4,000
Inventories
2,854
2,836
2,324
Total Current Liabilities
46,660
47,597
47,532
Payables & Accruals
- -
- -
- -
ST Debt
39,838
40,408
40,028
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.41%
3.11%
2.03%
Free Cash Flow
34.34%
13.45%
38.45%
Net Income, GAAP
15.5%
19.98%
-4.54%
Sales/Revenue/Turnover
5.68%
16.27%
-8.78%
Total Cash Common Dividend
19.77%
1.96%
-14.94%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,940
6,821
8,112
7,755
27,627
2025
5,418
6,840
- -
5,635
25,201
2026
5,986
7,633
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.03
0.01
0.02
0.04
2025
0.01
0.04
- -
0.02
0.04
2026
0.01
0.04
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.08
0.03
0.1
0.12
2025
0.02
0.07
- -
0.07
0.1
2026
0.02
0.07
- -
- -
- -

Company Description

CEO
Kun Hui Wang
Full Time Employees
16,581
Sector
Transportation
Industry
Marine shipping
Address
Building 1 Shanghai SH China 200120
IPO Date
Jun 16, 2004
Business
COSCO SHIPPING Development Co., Ltd. (601866.SS; 02866.HK) operates as a subsidiary of China COSCO SHIPPING Corporation Limited, focusing on shipping and logistics industry-finance services; it manufactures and sells international-standard dry containers, reefer containers, special containers, and container houses with an annual capacity exceeding 1,400,000 TEU, ranking second globally, while providing container leasing and management services across more than 170 ports worldwide with approximately 3,800,000 TEU under management, ranking third globally; it offers operating and financial leasing for container ships, dry bulk carriers, and multi-purpose vessels with a fleet exceeding 140 ships; and it engages in investment management, including equity and debt investments, insurance brokerage, and financial services in sectors such as healthcare, education, energy, and construction. Founded in 1997 and headquartered in Shanghai, China, the company maintains a global operational footprint in the United States, Asia, Europe, Hong Kong, and mainland China, leveraging synergies across its production-finance-investment model to support shipping industry chain development. In recent developments, it signed in August 2024 its largest shipbuilding and leasing transaction since 2016, an investment, construction, and long-term chartering agreement worth over RMB 14.3 billion for 42 bulk carriers—comprising five 64,000-DWT, two 82,000-DWT, and 35 80,000-DWT vessels—to be built by COSCO SHIPPING Heavy Industry subsidiaries and CSSC Chengxi Shipyard for delivery in 2026-2027 primarily to COSCO SHIPPING Bulk, significantly expanding its high-quality ship asset scale; it also advanced green and low-carbon initiatives through intelligent factory construction, "container+" customization, and digital transformation in asset management.