CSSC Offshore & Marine Engineering (Group) Company Limited Class H (HK:0317)
:0317
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CSSC Offshore & Marine Engineering (Group) Company Limited Class H
(0317)
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Rating:49Neutral
Price Target:
HK$12.50
▼(-5.94% Downside)
Action:ReiteratedDate:04/01/26
The score is mainly held back by weak recent cash generation (negative operating and free cash flow in 2024–2025) and very thin operating margins, which increase sensitivity to costs and demand shifts. Technicals also remain bearish with the price below key moving averages and negative momentum. Valuation is reasonable (P/E ~16.9) but the modest dividend yield offers limited support.
Positive Factors
State-backed Group Support
Being part of CSSC provides durable strategic advantages: preferential access to shipyard capacity, group procurement scale, technology sharing and customer relationships across state-directed projects. These structural benefits support contract wins, cost control and execution over multiple quarters.
Negative Factors
Negative Cash Generation
Persistent negative operating and free cash flow erodes liquidity and increases reliance on external financing or parent-group support. For a project-driven shipbuilder, cash conversion weakness raises funding risk for working capital and capex and can pressure execution financing over several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
State-backed Group Support
Being part of CSSC provides durable strategic advantages: preferential access to shipyard capacity, group procurement scale, technology sharing and customer relationships across state-directed projects. These structural benefits support contract wins, cost control and execution over multiple quarters.
Read all positive factors
CSSC Offshore & Marine Engineering (Group) Company Limited Class H (0317) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$34.82B
Dividend Yield1.35%
Average Volume (3M)8.56M
Price to Earnings (P/E)16.9
Beta (1Y)0.47
Revenue Growth10.08%
EPS Growth299.38%
CountryHK
Employees6,238
SectorIndustrials
Sector Strength72
IndustryAerospace & Defense
Share Statistics
EPS (TTM)0.27
Shares Outstanding592,071,170
10 Day Avg. Volume18,067,689
30 Day Avg. Volume8,558,207
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)0.91
Price to Sales (P/S)0.83
P/FCF Ratio-46.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1.22
Revenue Forecast (FY)HK$23.82B
CSSC Offshore & Marine Engineering (Group) Company Limited Class H Business Overview & Revenue Model
Company Description
CSSC Offshore & Marine Engineering (Group) Company Limited manufactures and sells marine and defense equipment in the People's Republic of China, other regions in Asia, Europe, Oceania, North America, and Africa. It offers defense equipment, inclu...
How the Company Makes Money
The company primarily makes money by contracting to design and build offshore and marine engineering assets and recognizing revenue as projects are delivered (or, where applicable under accounting rules, as construction progresses). Key revenue st...
CSSC Offshore & Marine Engineering (Group) Company Limited Class H Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
64
Positive
Cash Flow
33
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 20.02B | 19.40B | 16.15B | 12.80B | 11.67B |
| Gross Profit | 1.96B | 1.51B | 980.27M | 878.22M | 1.19B |
| EBITDA | 644.74M | 985.31M | 663.40M | 1.28B | 606.99M |
| Net Income | 982.17M | 377.26M | 48.07M | 688.46M | 79.39M |
Balance Sheet | |||||
| Total Assets | 56.05B | 53.60B | 50.86B | 46.48B | 44.27B |
| Cash, Cash Equivalents and Short-Term Investments | 13.88B | 15.26B | 16.43B | 14.84B | 12.84B |
| Total Debt | 8.24B | 4.80B | 4.22B | 6.69B | 6.23B |
| Total Liabilities | 34.28B | 32.43B | 31.26B | 27.73B | 25.59B |
| Stockholders Equity | 18.24B | 17.82B | 16.42B | 15.59B | 15.52B |
Cash Flow | |||||
| Free Cash Flow | -353.90M | -2.40B | 2.76B | 1.77B | 4.07B |
| Operating Cash Flow | -76.10M | -2.20B | 3.31B | 2.02B | 4.37B |
| Investing Cash Flow | 2.19B | -428.00M | -3.10B | 3.47B | -3.38B |
| Financing Cash Flow | -757.53M | 807.70M | -1.62B | 121.86M | -1.27B |
CSSC Offshore & Marine Engineering (Group) Company Limited Class H Technical Analysis
Negative
13.29
Price Trends
15.26
Negative
14.84
Negative
14.90
Negative
Market Momentum
-0.79
Positive
38.89
Neutral
29.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0317, the sentiment is Negative. The current price of 13.29 is below the 20-day moving average (MA) of 14.61, below the 50-day MA of 15.26, and below the 200-day MA of 14.90, indicating a bearish trend. The MACD of -0.79 indicates Positive momentum. The RSI at 38.89 is Neutral, neither overbought nor oversold. The STOCH value of 29.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0317.
CSSC Offshore & Marine Engineering (Group) Company Limited Class H Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | HK$15.01B | 7.05 | 12.49% | 7.30% | 0.17% | -12.66% | |
68 Neutral | HK$1.30B | 14.54 | 3.91% | 3.60% | 20.53% | 28.42% | |
66 Neutral | HK$27.98B | 16.56 | 5.05% | 2.28% | 16.93% | -9.02% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
49 Neutral | HK$34.82B | 16.88 | 5.68% | 1.35% | 10.08% | 299.38% | |
49 Neutral | HK$504.90M | -1.07 | -1308.62% | ― | -32.75% | 38.59% | |
47 Neutral | HK$486.40M | 100.61 | -1.55% | ― | -5.59% | -1071.43% |
* Industrials Sector Average
HK:0317
CSSC Offshore & Marine Engineering (Group) Company Limited Class H
13.48
4.04
42.75%
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0.22
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CSSC (Hong Kong) Shipping Company Limited
2.42
0.97
67.01%
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Continental Aerospace Technologies Holding Ltd.
0.14
0.05
52.17%
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Hong Kong Aerospace Technology Group Limited
0.66
0.00
0.00%
HK:0439
KuangChi Science Limited
0.79
-0.71
-47.33%
CSSC Offshore & Marine Engineering (Group) Company Limited Class H Corporate Events
CSSC Offshore & Marine Engineering Declares Final 2025 Dividend
Mar 29, 2026
CSSC Offshore Marine Engineering (Group) Company Limited has declared a final ordinary cash dividend of RMB 1.35 per 10 shares for the financial year ended 31 December 2025. The dividend, payable on 16 July 2026 in Hong Kong dollars with the exac...
CSSC Offshore & Marine Engineering Posts 2025 Profit and Sets Robust Dividend Framework
Mar 29, 2026
CSSC Offshore Marine Engineering reported audited 2025 results showing turnover of RMB20.55 billion and profit attributable to equity holders of RMB1.01 billion, translating into earnings per share of RMB0.7133. The figures, prepared under PRC Ac...
CSSC Offshore & Marine Engineering Taps Veteran Shipbuilder Weng Hongbing as Director and General Manager
Mar 27, 2026
CSSC Offshore Marine Engineering has proposed the appointment of Weng Hongbing, a professor-level senior engineer with nearly three decades of shipbuilding experience, as an executive director for its eleventh board session. Subject to shareholde...
CSSC Offshore & Marine Engineering Chairman Luo Bing Resigns
Mar 19, 2026
CSSC Offshore Marine Engineering (Group) Company Limited has announced the resignation of Chairman Luo Bing from his roles as chairman, director of the eleventh session of the board, and chairman of the strategy committee, effective 19 March 2026...
CSSC Offshore & Marine Engineering Sets Out Board and Committee Structure
Mar 19, 2026
CSSC Offshore Marine Engineering (Group) Company Limited announced the current composition of its eight-member board, comprising four non-executive directors and four independent non-executive directors. The disclosure underlines the company̵...
CSSC Subsidiary Wins up to US$896 Million Evergreen Feeder Ship Order
Feb 4, 2026
CSSC Offshore Marine Engineering (Group) Company Limited announced that its controlling subsidiary, CSSC Huangpu Wenchong Shipbuilding, has signed a shipbuilding contract with Evergreen Marine (Asia) Pte. Ltd. for 16 feeder container vessels of 3...
CSSC Offshore & Marine Engineering Forecasts Profit Surge for 2025
Jan 9, 2026
CSSC Offshore Marine Engineering (Group) Company Limited has issued a preliminary forecast indicating a sharp improvement in its 2025 financial performance, with net profit attributable to shareholders expected to reach between RMB940 million and...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.