COSCO SHIPPING ENERGY TRANSPORTATION CO., LTD. Financials COSCO SHIPPING Energy Transportation Co., Ltd.
Equities
1138
CNE1000002S8
Oil & Gas Transportation Services
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9.9 HKD | +6.00% |
|
+11.49% | +34.33% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 21,713 | 26,474 | 23,663 | 48,650 | 51,269 | 68,512 | - | - |
| Enterprise Value (EV) 1 | 46,797 | 47,638 | 43,360 | 73,170 | 73,710 | 88,326 | 86,579 | 82,380 |
| P/E ratio | 32.1 x | 4.94 x | -2.32 x | 17.3 x | 9.54 x | 9.07 x | 6.49 x | 6.36 x |
| Yield | 1.22% | 7.79% | - | 2.84% | - | 6.53% | 6.62% | 7.18% |
| Capitalization / Revenue | 1.56 x | 1.63 x | 1.86 x | 2.62 x | 2.34 x | 2.62 x | 2.46 x | 2.34 x |
| EV / Revenue | 3.37 x | 2.93 x | 3.41 x | 3.94 x | 3.36 x | 3.38 x | 3.11 x | 2.82 x |
| EV / EBITDA | 13.7 x | 7.95 x | -22.5 x | 13.7 x | 9.58 x | 8.4 x | 6.74 x | 5.87 x |
| EV / FCF | - | - | - | 593 x | 18.1 x | 9.72 x | 9.32 x | 8.75 x |
| FCF Yield | - | - | - | 0.17% | 5.52% | 10.3% | 10.7% | 11.4% |
| Price to Book | 0.47 x | 0.34 x | 0.4 x | 0.8 x | - | 1.11 x | 1.02 x | 0.93 x |
| Nbr of stocks (in thousands) | 4,032,033 | 4,762,692 | 4,762,692 | 4,770,776 | 4,770,776 | 4,770,776 | - | - |
| Reference price 2 | 3.289 | 2.567 | 2.420 | 5.281 | 6.699 | 9.128 | 9.128 | 9.128 |
| Announcement Date | 3/30/20 | 3/30/21 | 3/30/22 | 3/30/23 | 3/28/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 13,880 | 16,268 | 12,699 | 18,567 | 21,912 | 26,116 | 27,819 | 29,257 |
| EBITDA 1 | 3,426 | 5,993 | -1,929 | 5,359 | 7,690 | 10,520 | 12,847 | 14,035 |
| EBIT 1 | 1,076 | 2,988 | -4,482 | 2,457 | 6,325 | 8,182 | 9,234 | 10,081 |
| Operating Margin | 7.75% | 18.37% | -35.3% | 13.23% | 28.86% | 31.33% | 33.19% | 34.45% |
| Earnings before Tax (EBT) 1 | 1,020 | 2,904 | -4,517 | 2,753 | 4,740 | 8,519 | 9,307 | 10,616 |
| Net income 1 | 431.6 | 2,381 | -4,975 | 1,461 | 3,349 | 6,153 | 6,778 | 7,937 |
| Net margin | 3.11% | 14.64% | -39.18% | 7.87% | 15.28% | 23.56% | 24.36% | 27.13% |
| EPS 2 | 0.1026 | 0.5196 | -1.045 | 0.3060 | 0.7019 | 1.006 | 1.407 | 1.436 |
| Free Cash Flow 1 | - | - | - | 123.3 | 4,066 | 9,084 | 9,294 | 9,412 |
| FCF margin | - | - | - | 0.66% | 18.55% | 34.78% | 33.41% | 32.17% |
| FCF Conversion (EBITDA) | - | - | - | 2.3% | 52.87% | 86.35% | 72.35% | 67.06% |
| FCF Conversion (Net income) | - | - | - | 8.44% | 121.41% | 147.64% | 137.13% | 118.58% |
| Dividend per Share 2 | 0.0400 | 0.2000 | - | 0.1500 | - | 0.5961 | 0.6039 | 0.6551 |
| Announcement Date | 3/30/20 | 3/30/21 | 3/30/22 | 3/30/23 | 3/28/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 S2 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | - | - | - | - | 4,959 | 5,378 | 5,838 | 6,876 | 6,876 | 6,876 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | - | - | - | - | - | - | 1,099 | -211.6 | 1,558 | 2,046 | 2,046 | 2,046 |
| Operating Margin | - | - | - | - | - | - | 22.16% | -3.93% | 26.68% | 29.76% | 29.76% | 29.76% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | -5,519 | 25.03 | 133.8 | 158.8 | 1,096 | 1,710 | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/30/22 | 4/29/22 | 8/30/22 | 8/30/22 | 4/28/23 | 8/30/23 | 10/26/23 | 3/28/24 | 4/26/24 | - | - | - |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 25,084 | 21,164 | 19,698 | 24,519 | 22,441 | 19,814 | 18,067 | 13,868 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 7.322 x | 3.532 x | -10.21 x | 4.576 x | 2.918 x | 1.883 x | 1.406 x | 0.9881 x |
| Free Cash Flow 1 | - | - | - | 123 | 4,066 | 9,084 | 9,295 | 9,412 |
| ROE (net income / shareholders' equity) | 1.54% | 7.59% | -15.5% | 4.84% | 10.1% | 16% | 16.2% | 15.9% |
| ROA (Net income/ Total Assets) | 0.67% | 3.61% | -7.92% | 2.29% | - | 8.6% | 8.66% | 8.63% |
| Assets 1 | 64,612 | 65,901 | 62,851 | 63,818 | - | 71,543 | 78,238 | 91,950 |
| Book Value Per Share 2 | 6.980 | 7.560 | 6.000 | 6.620 | - | 8.230 | 8.910 | 9.800 |
| Cash Flow per Share 2 | 1.300 | 1.520 | 0.7100 | 0.8700 | - | 1.630 | 2.250 | 1.600 |
| Capex 1 | 1,276 | 5,506 | 2,926 | 4,450 | 4,757 | 4,169 | 4,159 | 3,960 |
| Capex / Sales | 9.19% | 33.85% | 23.04% | 23.97% | 21.71% | 15.96% | 14.95% | 13.53% |
| Announcement Date | 3/30/20 | 3/30/21 | 3/30/22 | 3/30/23 | 3/28/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
9.128
CNY
Average target price
10.35
CNY
Spread / Average Target
+13.42%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +34.33% | 9.2B | |
| +22.84% | 5.51B | |
| +18.42% | 3.61B | |
| +23.86% | 2.76B | |
| +32.14% | 2.47B | |
| +10.11% | 1.97B | |
| +18.45% | 1.88B | |
| -4.26% | 1.74B | |
| -7.71% | 1.43B | |
| +49.01% | 1.21B |
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- Financials COSCO SHIPPING Energy Transportation Co., Ltd.