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COSCO SHIPPING Energy Transportation Co
(OTC:1138)
COSCO SHIPPING Energy Transportation Co (1138) vs. iShares MSCI Hong Kong ETF (EWH)
COSCO SHIPPING Energy Transportation Co Business Overview & Revenue Model
COSCO SHIPPING Energy Transportation Co Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 23.24B | 21.91B | 18.66B | 12.70B | 16.38B | Gross Profit |
| 6.33B | 6.50B | 3.46B | 929.09M | 4.76B | EBIT |
| 5.36B | 5.53B | 3.73B | 1.21B | 4.82B | EBITDA |
| 8.37B | 9.39B | 6.61B | -884.09M | 6.99B | Net Income Common Stockholders |
| 4.04B | 3.35B | 1.46B | ― | 2.38B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 5.66B | 5.63B | 4.24B | 3.52B | 4.87B | Total Assets |
| 81.04B | 72.08B | 68.25B | 59.39B | 65.96B | Total Debt |
| 33.71B | 29.71B | 29.27B | 24.55B | 25.06B | Net Debt |
| 28.04B | 24.08B | 25.03B | 21.03B | 20.19B | Total Liabilities |
| 42.06B | 34.98B | 34.68B | 29.47B | 30.36B | Stockholders Equity |
| 35.87B | 34.39B | 31.57B | 28.59B | 34.62B |
| Cash Flow | Free Cash Flow | |||
| 749.93M | 3.02B | ― | 468.51M | 1.56B | Operating Cash Flow |
| 8.63B | 8.66B | 4.21B | 3.39B | 7.07B | Investing Cash Flow |
| -8.76B | -4.60B | ― | ― | ― | Financing Cash Flow |
| -102.21M | -2.73B | 1.52B | ― | ― |
COSCO SHIPPING Energy Transportation Co Technical Analysis
COSCO SHIPPING Energy Transportation Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | HK$84.33B | 4.19 | 21.08% | 11.99% | 27.79% | 87.52% | |
80 Outperform | $258.50B | 3.94 | 24.28% | 12.96% | 30.58% | ― | |
75 Outperform | HK$9.72B | 9.82 | 7.27% | 5.62% | 12.03% | 20.45% | |
73 Outperform | HK$45.96B | 6.57 | 9.73% | 10.59% | 3.41% | ― | |
72 Outperform | $17.53B | 6.67 | 5.64% | 6.44% | 5.93% | -3.64% | |
66 Neutral | $4.50B | 12.28 | 5.32% | 248.52% | 4.13% | -12.36% | |
62 Neutral | $29.93B | 7.85 | 5.72% | 4.30% | 74.12% | 11.54% |
COSCO SHIPPING Energy Transportation Co Corporate Events
COSCO SHIPPING Energy Transportation Co., Ltd. has announced its upcoming Annual General Meeting (AGM) scheduled for June 30, 2025, in Shanghai, where several key resolutions will be considered. These include the approval of the 2024 annual report and financial statements, a final dividend distribution, and the remuneration for directors and supervisors. The company also plans to reappoint its auditors and authorize liability insurance for its board and management. This AGM is significant for stakeholders as it outlines the company’s financial health, governance practices, and strategic plans for the coming year.
The most recent analyst rating on (HK:1138) stock is a Buy with a HK$11.10 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.
COSCO SHIPPING Energy Transportation Co., Ltd. has announced a final cash dividend of RMB 0.21 per share for the financial year ending December 31, 2024. The announcement includes details on the approval date, ex-dividend date, and payment date, as well as information on withholding tax arrangements for different types of shareholders. This dividend declaration reflects the company’s ongoing commitment to returning value to its shareholders and may impact investor perceptions and the company’s market positioning.
The most recent analyst rating on (HK:1138) stock is a Buy with a HK$9.60 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.
COSCO SHIPPING Energy Transportation Co., Ltd. announced a proposal to provide guarantees for its wholly-owned subsidiaries, subject to shareholder approval at the upcoming AGM. The guarantees aim to reduce financing costs and improve the efficiency of obtaining financing, which is expected to benefit the company and its shareholders by enhancing operational capabilities and financial stability.
The most recent analyst rating on (HK:1138) stock is a Buy with a HK$11.10 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.
COSCO SHIPPING Energy Transportation Co., Ltd. announced its plan to register and issue mid-term notes worth up to RMB5 billion. The issuance, subject to approval by NAFMII, aims to address the company’s funding needs, including debt repayment and capital investments. The notes will be issued in multiple tranches, with interest rates determined by market conditions, targeting institutional investors. This strategic financial move is expected to enhance the company’s operational capabilities and market positioning.
The most recent analyst rating on (HK:1138) stock is a Buy with a HK$9.60 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.
COSCO SHIPPING Energy Transportation Co., Ltd. announced the forfeiture of unclaimed dividends from the years 2014 to 2017, which will revert to the company if not claimed by June 20, 2025. This move underscores the company’s adherence to its articles of association and relevant PRC laws, potentially impacting shareholders who have yet to claim their dividends.
The most recent analyst rating on (HK:1138) stock is a Buy with a HK$11.10 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.
COSCO SHIPPING Energy Transportation Co., Ltd. has released its unaudited first quarterly report for 2025, showing a decrease in revenue and net profit compared to the same period in 2024. The company reported a 4.01% decrease in revenue and a significant 43.31% drop in net profit attributable to shareholders, reflecting challenging market conditions. The report indicates a decrease in net cash flow from operating activities by 29.96%, and a decline in basic and diluted earnings per share by 43.33%. These financial results suggest potential challenges for the company in maintaining its market position and profitability.
COSCO SHIPPING Energy Transportation Co., Ltd. has announced the proposed appointment of Ms. ZHOU Chongyi as a non-executive director. Ms. ZHOU brings extensive experience in financial management and accounting, having held significant roles within the China COSCO SHIPPING Corporation Limited. Her appointment is subject to shareholder approval and she will not receive remuneration as a non-executive director. This move is likely to strengthen the company’s board with her expertise, potentially enhancing its strategic financial oversight.
COSCO SHIPPING Energy Transportation Co., Ltd. has announced a board meeting scheduled for April 29, 2025, to consider and approve the unaudited first quarterly results for the period ending March 31, 2025. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and strategic direction for the upcoming quarters.
COSCO SHIPPING Energy Transportation Co., Ltd. announced that all resolutions were passed at their Extraordinary General Meeting (EGM) and H Shares Class Meeting. The meetings, held on April 11, 2025, saw participation from shareholders and proxies, with a significant number of shares carrying voting rights. The approval of these resolutions is expected to impact the company’s operations, particularly in terms of proposed share issuances and shipbuilding contracts, potentially influencing its market positioning and stakeholder interests.
COSCO SHIPPING Energy Transportation Co., Ltd. announced a change in its Hong Kong share registrar and transfer office, effective from April 1, 2025, to Computershare Hong Kong Investor Services Limited. This change is expected to streamline the registration and transfer process for shareholders, potentially impacting the company’s operational efficiency and stakeholder engagement.
COSCO SHIPPING Energy Transportation Co., Ltd. reported a revenue increase of approximately RMB580 million, reaching RMB23,133 million for the year ended December 31, 2024, marking a 2.57% growth from the previous year. The company’s profit attributable to equity holders rose to RMB4,038 million, up from RMB3,379 million in 2023, with earnings per share also increasing. This financial performance highlights the company’s strong market positioning and operational efficiency, potentially benefiting stakeholders and enhancing its competitive stance in the energy transportation sector.
COSCO SHIPPING Energy Transportation Co., Ltd. has announced a final cash dividend of RMB 0.21 per share for the year ending December 31, 2024. This announcement reflects the company’s financial performance and commitment to returning value to its shareholders, although specific dates for shareholder approval and payment are yet to be determined.
COSCO SHIPPING Energy Transportation Co., Ltd. has announced an extraordinary general meeting to discuss several key resolutions. These include the approval of shipbuilding contracts for various types of oil tankers and the proposed issuance of A Shares to specific target subscribers. The issuance aims to strengthen the company’s financial position and involves a select group of investors, including its indirect controlling shareholder, COSCO SHIPPING. This strategic move is expected to bolster the company’s operational capabilities and market presence.
COSCO SHIPPING Energy Transportation Co., Ltd. has announced a class meeting for holders of H Shares to discuss and approve a proposal for the issuance of A Shares to specific target subscribers in 2025. This strategic move aims to raise capital by issuing shares to a maximum of 35 specific investors, including its indirect controlling shareholder, COSCO SHIPPING. The issuance is subject to approval by the Shanghai Stock Exchange and the CSRC, and is expected to enhance the company’s financial flexibility and strengthen its market position.
COSCO SHIPPING Energy Transportation Co., Ltd. announced the schedule for its extraordinary general meeting and H shares class meeting, set for April 11, 2025, in Shanghai. The meetings will address the proposed issuance of A shares to specific target subscribers and the COSCO SHIPPING subscription, as well as shipbuilding contracts. The company has set a book closure period from April 8 to April 11, 2025, to determine shareholders eligible to attend and vote. This move is part of the company’s strategic initiatives to enhance its market position and operational capabilities.
COSCO SHIPPING Energy Transportation Co., Ltd. has announced a board meeting scheduled for March 26, 2025, to discuss and approve the company’s annual results for the year ending December 31, 2024. The board will also consider recommending the payment of a final dividend, which could impact shareholder returns and reflect the company’s financial health.