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CSSC Offshore & Marine Engineering (Group) Company Limited Class H
(0317)
CSSC Offshore & Marine Engineering (Group) Company Limited Class H (0317) vs. iShares MSCI Hong Kong ETF (EWH)
CSSC Offshore & Marine Engineering (Group) Company Limited Class H Business Overview & Revenue Model
CSSC Offshore & Marine Engineering (Group) Company Limited Class H Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 21.03B | 19.40B | 16.15B | 12.80B | 11.67B | 11.61B |
| Gross Profit | 2.03B | 1.51B | 980.27M | 878.22M | 1.19B | 753.67M |
| EBITDA | 1.00B | 985.31M | 663.40M | 1.28B | 606.99M | 4.21B |
| Net Income | 845.08M | 377.26M | 48.07M | 688.46M | 79.39M | 3.66B |
Balance Sheet | ||||||
| Total Assets | 55.88B | 53.60B | 50.86B | 46.48B | 44.27B | 38.94B |
| Cash, Cash Equivalents and Short-Term Investments | 13.72B | 15.26B | 16.43B | 14.84B | 12.84B | 9.82B |
| Total Debt | 7.24B | 4.80B | 4.22B | 6.69B | 6.23B | 7.15B |
| Total Liabilities | 34.51B | 32.43B | 31.26B | 27.73B | 25.59B | 21.39B |
| Stockholders Equity | 17.97B | 17.82B | 16.42B | 15.59B | 15.52B | 14.43B |
Cash Flow | ||||||
| Free Cash Flow | 2.40B | -2.40B | 2.76B | 1.77B | 4.07B | -1.48B |
| Operating Cash Flow | -42.10M | -2.20B | 3.31B | 2.02B | 4.37B | -1.02B |
| Investing Cash Flow | -444.66M | -428.00M | -3.10B | 3.47B | -3.38B | -3.47B |
| Financing Cash Flow | -943.18M | 807.70M | -1.62B | 121.86M | -1.27B | -456.51M |
CSSC Offshore & Marine Engineering (Group) Company Limited Class H Technical Analysis
CSSC Offshore & Marine Engineering (Group) Company Limited Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | HK$13.27B | 7.19 | 13.91% | 7.30% | 0.17% | -12.66% | |
68 Neutral | HK$1.58B | 14.10 | 3.91% | 3.60% | 20.53% | 28.42% | |
66 Neutral | HK$33.09B | 15.93 | 5.91% | 2.28% | 16.93% | -9.02% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
53 Neutral | HK$37.58B | 22.78 | 4.69% | 1.35% | 10.08% | 299.38% | |
49 Neutral | HK$525.54M | -2.14 | -98.45% | ― | -32.75% | 38.59% | |
47 Neutral | HK$615.69M | -15.24 | -1.99% | ― | -5.59% | -1071.43% |
CSSC Offshore & Marine Engineering (Group) Company Limited Class H Corporate Events
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 RMB1,120 million, up 149.61% to 196.88% from the prior year. Profit excluding non-recurring items is also projected to rise strongly to RMB850 million–RMB1,020 million, representing year-on-year growth of 153.27% to 203.93% compared with 2024’s RMB335.6 million, underscoring a substantial recovery in core operations. While the estimates have not yet been audited and the company cautions investors about associated risks, the scale of the anticipated earnings rebound signals a materially stronger operating outlook and could enhance its standing in the offshore and shipbuilding sector after a relatively modest profit base in the previous year.
The most recent analyst rating on (HK:0317) stock is a Hold with a HK$13.50 price target. To see the full list of analyst forecasts on CSSC Offshore & Marine Engineering (Group) Company Limited Class H stock, see the HK:0317 Stock Forecast page.
CSSC Offshore & Marine Engineering (Group) Company Limited held its Fourth Extraordinary General Meeting of 2025 on 30 December 2025 in Guangzhou, where all resolutions proposed in the meeting notice were duly passed by shareholders via poll, including both in-person and online participants. The meeting was convened and conducted in compliance with PRC Company Law, Hong Kong Listing Rules and the company’s articles of association, with a total of 615 shareholders and proxies representing about 2.69% of the company’s share capital in attendance, while the controlling shareholder CSSC and its associates abstained from voting in line with prior disclosure, underscoring adherence to governance and listing requirements and providing reassurance to minority investors regarding procedural fairness.
CSSC Offshore & Marine Engineering has updated and re-approved the Implementation Rules and Regulations governing its Remuneration and Appraisal Committee, with amendments most recently approved at the 18th meeting of the 11th session of the Board on 29 December 2025. The revised framework clarifies the committee’s composition—three directors, including two independent non-executive directors and an independent chair—its mandate to set and evaluate remuneration and performance standards for directors and senior management who receive pay from the company, and the establishment of a working group to support its operations. By formalizing responsibilities, procedures, and evaluation mechanisms in line with Chinese company law, stock exchange listing rules, and the company’s Articles of Association, the changes are intended to strengthen corporate governance, enhance fairness and transparency in executive pay, and ensure closer board oversight of senior management incentives and performance.
CSSC Offshore & Marine Engineering (Group) Company Limited has updated the implementation rules and regulations governing its board Nomination Committee, reflecting amendments approved over multiple board sessions up to December 2025. The revised rules clarify the committee’s role in setting criteria and procedures for selecting directors and senior management, defining its composition—three directors, including two independent non-executive directors with at least one of a different gender—and formalising its authority to review board structure, maintain a skills matrix, vet candidates and make appointment recommendations, supported by a dedicated working group. These changes are intended to strengthen the company’s corporate governance framework, improve board composition and oversight, and align its practices with Chinese company law, stock exchange listing rules and self-regulatory guidelines, which may enhance transparency and confidence among investors and other stakeholders.
CSSC Offshore & Marine Engineering (Group) Company Limited has proposed the appointment of Mr. Cheng Bolin as a non-executive director for the eleventh session of its board, with his term to run until the end of that board session, subject to shareholder approval. Cheng, an industry veteran with extensive management experience across multiple CSSC-affiliated shipyards and marine equipment companies, is also slated to join the board’s strategy committee, reinforcing the group’s governance and strategic oversight, while his remuneration will be determined by the board under a shareholder-authorized framework and formalized in a service agreement following approval at a general meeting.
CSSC Offshore & Marine Engineering (Group) Company Limited has announced the current composition of its nine‑member board of directors, detailing the roles of executive, non‑executive and independent non‑executive directors and their allocation across key governance committees. The board has established four committees—Strategy, Audit, Emolument and Examination, and Nomination—with specific directors appointed as chairmen and members, underscoring the company’s corporate governance structure and providing transparency to investors and other stakeholders about oversight responsibilities within the organisation.
CSSC Offshore & Marine Engineering has updated the Implementation Rules and Regulations of its Board Strategy Committee, reflecting several amendments approved between 2004 and December 2025, to better align the committee’s structure and responsibilities with the company’s evolving strategic needs. The revised rules formalize the Strategy Committee as a specialized body under the board, define its composition and appointment process, and clarify its mandate to advise on long-term development strategies, major investment and financing decisions, key working capital and asset management projects, and other significant matters affecting the company’s development, with all proposals ultimately submitted to the full board for decision. The document also details the internal decision-making workflow, assigning preparatory and evaluative responsibilities to management and relevant functional departments, which is expected to improve the quality, efficiency, and accountability of major investment decisions and strengthen the company’s overall corporate governance framework.
CSSC Offshore & Marine Engineering has updated and reapproved its Implementation Rules and Regulations for the Audit Committee, most recently amending them at the 18th meeting of the 11th session of the board of directors on 29 December 2025. The revised rules clarify the Audit Committee’s mandate to assist the board in overseeing the company’s financial position, internal control effectiveness, risk management, and environmental, social and governance matters, while strengthening its independence through requirements that all members be non-executive directors, a majority be independent, and at least one have accounting expertise. The document also formalizes nomination and election procedures, terms of office, and the establishment of a dedicated working team to support the committee, underscoring the company’s continued efforts to enhance governance standards, improve decision-making quality and reinforce supervision of management in line with evolving regulatory and listing requirements.
CSSC Offshore & Marine Engineering (Group) Company Limited has announced the convening of its fourth extraordinary general meeting of 2025. The meeting will address two key resolutions: the signing of the 2026 Continuing Connected Transactions Framework Agreement with China State Shipbuilding Corporation Limited and the 2026 Financial Services Framework Agreement with CSSC Finance Company Limited. These agreements are crucial for the company’s future operations and financial structuring, potentially impacting its strategic positioning within the industry.
CSSC Offshore & Marine Engineering (Group) Company Limited announced the closure of its register of members to determine shareholder entitlements for the upcoming extraordinary general meeting (EGM) scheduled for December 30, 2025. This closure will affect holders of overseas listed foreign shares (H Shares), who must ensure their transfer documents are submitted by December 22, 2025, to be eligible to attend and vote at the EGM. The company will send out a circular, notice of the EGM, and related proxy form to shareholders in due course.
CSSC Offshore & Marine Engineering (Group) Company Limited has announced a presentation for its 2025 third quarterly results to be held online on the SSE Roadshow Platform on November 27, 2025. This event aims to provide investors with a comprehensive understanding of the company’s operating results and financial conditions for the third quarter of 2025, allowing for interaction and communication with key company officials.
CSSC Offshore & Marine Engineering (Group) Company Limited has announced the election of Mr. Nie Lijun as an employee representative director for the eleventh session of the Board. Mr. Nie, a seasoned engineer with extensive experience in shipbuilding, will begin his term on November 13, 2025. This appointment is part of the company’s ongoing efforts to strengthen its leadership team and enhance its operations within the marine engineering sector.
CSSC Offshore & Marine Engineering (Group) Company Limited announced the composition of its board of directors, which includes an executive director, non-executive directors, and independent non-executive directors. The board has established four committees, namely the Strategy Committee, Audit Committee, Emolument and Examination Committee, and Nomination Committee, with specific directors assigned to each. This announcement reflects the company’s commitment to structured governance and strategic oversight, potentially impacting its operational efficiency and stakeholder confidence.