Cosco Shipping International (Hongkong) Co Ltd

Chart & Performance

D1W1MN

P/E

10.57

P/S

1.88

EPS

0.40

Div Yield, %

10.28%

Shrs. gr., 5y

-0.81%

Rev. gr., 5y

-18.89%

Revenues

3.34b

-15.67%

Net income

594m

+71.06%

CFO

523m

+208.33%

Dividend

Jun 06, 20250.215 HKD/sh

Profile

COSCO SHIPPING International (Hong Kong) Co., Ltd., an investment holding company, provides shipping services in the People's Republic of China and internationally. The company's Coatings segment produces and sells coatings products, including container, industrial heavy-duty anti-corrosion, and marine coatings. Its Marine Equipment and Spare Parts segment sells and installs equipment and spare parts for existing and new build vessels, as well as equipment of radio communications systems, satellite communications, and navigation systems for ships, offshore facilities, coastal stations and land users; supplies marine material; and provides voyage repair services. The company's Ship Trading Agency segment offers agency services relating to shipbuilding, ship trading, and bareboat chartering for second-hand and obsolete vessels; consultancy services for ship technology and trading; business negotiations for purchasing of new build; purchase and sale contract of second hand vessels; follow-ups of the construction; and delivery process of new build ships. Its Insurance Brokerage segment provides insurance and reinsurance intermediary services of marine and non-marine insurance. The company's Marine Fuel and Other Products segment engages in the supply, trading, and brokerage services of marine fuel and related products. Its General Trading segment is involved in the trading, storage, processing, and supply of asphalt; trading of various vessel spare parts and accessories; and other comprehensive trading. The company was formerly known as COSCO International Holdings Limited and changed its name to COSCO SHIPPING International (Hong Kong) Co., Ltd. in November 2016. The company was incorporated in 1992 and is headquartered in Central, Hong Kong. COSCO SHIPPING International (Hong Kong) Co., Ltd. is a subsidiary of COSCO SHIPPING (Hong Kong) Co., Limited.

URL

http://hk.coscoshipping.com/

IPO date

Feb 11, 1992

Employees

846

Domiciled in

Incorporated in

Valuation

Order:

Title HKD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title HKD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	3,341,729 -15.67%	3,962,539 -12.60%
Cost of revenue	2,946,867	3,534,097
Unusual Expense (Income)
NOPBT	394,862	428,442
NOPBT Margin	11.82%	10.81%
Operating Taxes	54,157	58,461
Tax Rate	13.72%	13.65%
NOPAT	340,705	369,981
Net income	593,673 71.06%	347,062 20.37%
Dividends	(499,017)	(306,591)
Dividend yield	11.15%	7.97%
Proceeds from repurchase of equity	(41,233)	(118,531)
BB yield	0.92%	3.08%
Debt
Debt current	2,414	8,942
Long-term debt	32,808	13,938
Deferred revenue		(67,336)
Other long-term liabilities		67,336
Net debt	(7,113,995)	(6,798,006)
Cash flow
Cash from operating activities	523,117	169,659
CAPEX	(7,584)	(10,467)
Cash from investing activities	941,730	9,663
Cash from financing activities	(535,138)	(479,646)
FCF	723,486	316,318
Balance
Cash	6,255,859	5,933,120
Long term investments	893,358	887,766
Excess cash	6,982,131	6,622,759
Stockholders' equity	7,497,223	7,391,743
Invested Capital	1,222,879	1,493,686
ROIC	25.08%	25.02%
ROCE	4.78%	5.24%
EV
Common stock shares outstanding	1,472,161	1,526,109
Price	3.04 20.63%	2.52 5.88%
Market cap	4,475,369 16.37%	3,845,795 5.41%
EV	(2,290,682)	(2,633,218)
EBITDA	422,290	458,203
EV/EBITDA
Interest	1,832	2,015
Interest/NOPBT	0.46%	0.47%