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 | ||
| 8.88 HKD | -1.00% |
|
0.00% | +20.49% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 21,713 | 26,474 | 23,663 | 48,650 | 51,269 | 65,416 | - | - |
| Enterprise Value (EV) 1 | 46,797 | 47,638 | 43,360 | 73,170 | 73,710 | 85,350 | 83,586 | 79,417 |
| P/E ratio | 32.1 x | 4.94 x | -2.32 x | 17.3 x | 9.54 x | 6.01 x | 5.83 x | 5.72 x |
| Yield | 1.22% | 7.79% | - | 2.84% | - | 8.33% | 7.37% | 7.97% |
| Capitalization / Revenue | 1.56 x | 1.63 x | 1.86 x | 2.62 x | 2.34 x | 2.52 x | 2.31 x | 2.15 x |
| EV / Revenue | 3.37 x | 2.93 x | 3.41 x | 3.94 x | 3.36 x | 3.29 x | 2.95 x | 2.61 x |
| EV / EBITDA | 13.7 x | 7.95 x | -22.5 x | 13.7 x | 9.58 x | 7.48 x | 6.49 x | 5.66 x |
| EV / FCF | - | - | - | 593 x | 18.1 x | 9.91 x | 8.99 x | 8.44 x |
| FCF Yield | - | - | - | 0.17% | 5.52% | 10.1% | 11.1% | 11.9% |
| Price to Book | 0.47 x | 0.34 x | 0.4 x | 0.8 x | - | 1 x | 0.92 x | 0.84 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 | 8.220 | 8.220 | 8.220 |
| 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 | 25,909 | 28,306 | 30,430 |
| EBITDA 1 | 3,426 | 5,993 | -1,929 | 5,359 | 7,690 | 11,404 | 12,872 | 13,368 |
| EBIT 1 | 1,076 | 2,988 | -4,482 | 2,457 | 6,325 | 8,247 | 9,963 | 10,081 |
| Operating Margin | 7.75% | 18.37% | -35.3% | 13.23% | 28.86% | 31.83% | 35.2% | 33.13% |
| Earnings before Tax (EBT) 1 | 1,020 | 2,904 | -4,517 | 2,753 | 4,740 | 8,207 | 10,787 | 15,614 |
| Net income 1 | 431.6 | 2,381 | -4,975 | 1,461 | 3,349 | 6,153 | 6,750 | 7,028 |
| Net margin | 3.11% | 14.64% | -39.18% | 7.87% | 15.28% | 23.75% | 23.84% | 23.1% |
| EPS 2 | 0.1026 | 0.5196 | -1.045 | 0.3060 | 0.7019 | 1.369 | 1.410 | 1.436 |
| Free Cash Flow 1 | - | - | - | 123.3 | 4,066 | 8,616 | 9,294 | 9,412 |
| FCF margin | - | - | - | 0.66% | 18.55% | 33.25% | 32.84% | 30.93% |
| FCF Conversion (EBITDA) | - | - | - | 2.3% | 52.87% | 75.56% | 72.21% | 70.4% |
| FCF Conversion (Net income) | - | - | - | 8.44% | 121.41% | 140.04% | 137.71% | 133.91% |
| Dividend per Share 2 | 0.0400 | 0.2000 | - | 0.1500 | - | 0.6844 | 0.6056 | 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 | 6,905 | 6,905 | 6,905 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | - | - | - | - | - | - | 1,099 | -211.6 | 1,865 | 2,148 | 2,148 | 2,148 |
| Operating Margin | - | - | - | - | - | - | 22.16% | -3.93% | 31.94% | 31.11% | 31.11% | 31.11% |
| 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 | 19,934 | 18,170 | 14,002 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 7.322 x | 3.532 x | -10.21 x | 4.576 x | 2.918 x | 1.748 x | 1.412 x | 0.9973 x |
| Free Cash Flow 1 | - | - | - | 123 | 4,066 | 8,616 | 9,295 | 9,412 |
| ROE (net income / shareholders' equity) | 1.54% | 7.59% | -15.5% | 4.84% | 10.1% | 17.7% | 18.1% | 15.3% |
| ROA (Net income/ Total Assets) | 0.67% | 3.61% | -7.92% | 2.29% | - | 8.21% | 8.69% | 8.63% |
| Assets 1 | 64,612 | 65,901 | 62,851 | 63,818 | - | 67,922 | 78,073 | 81,427 |
| 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 | - | 2.080 | 2.240 | 1.600 |
| Capex 1 | 1,276 | 5,506 | 2,926 | 4,450 | 4,757 | 4,020 | 5,011 | 4,223 |
| Capex / Sales | 9.19% | 33.85% | 23.04% | 23.97% | 21.71% | 15.52% | 17.7% | 13.88% |
| 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
8.22
CNY
Average target price
10.11
CNY
Spread / Average Target
+22.94%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +20.49% | 9.03B | |
| +18.70% | 5.3B | |
| +19.69% | 3.63B | |
| +21.22% | 2.7B | |
| +36.43% | 2.53B | |
| +17.33% | 1.86B | |
| +2.31% | 1.85B | |
| -10.01% | 1.41B | |
| +49.36% | 1.21B | |
| +4.54% | 1.11B |
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- Financials COSCO SHIPPING Energy Transportation Co., Ltd.
