COSCO SHIPPING Development Co Ltd Class H (HK:2866)
:2866
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2866 Stock Chart & Stats
HK$1.08
HK$0.00(0.00%)
At close: 4:00 PM EST
HK$1.08
HK$0.00(0.00%)
Day’s Range― - ―
52-Week RangeHK$0.92 - HK$1.71
Previous CloseN/A
Volume1.88M
Average Volume (3M)16.92M
Market Cap
HK$29.84B
Enterprise ValueHK$107.05B
Total Cash (Recent Filing)HK$14.05B
Total Debt (Recent Filing)HK$75.98B
Price to Earnings (P/E)20.1
Beta0.86
Next Earnings
Aug 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield4.16%
Share Statistics
EPS (TTM)0.09
Shares Outstanding3,445,672,000
10 Day Avg. Volume15,984,000
30 Day Avg. Volume16,922,870
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.41
Price to Sales (P/S)0.50
P/FCF Ratio-2.83
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)0.21
Revenue Forecast (FY)HK$15.06B
Bulls Say, Bears Say
Bulls Say
Group Affiliation And Business FocusBeing part of the COSCO SHIPPING group and focused on vessel/container leasing and shipping-related finance provides durable strategic advantages: steady internal client flow, preferential access to assets, and aligned upstream/downstream relationships that support recurring leasing revenues and contract visibility over months.
Positive Operating Cash FlowSustained positive operating cash flow indicates core leasing and financing activities generate cash from operations. This supports interest servicing, working capital and near-term liquidity needs, improving resilience across shipping cycles and reducing reliance on immediate market funding over the next several months.
Large Asset BaseA substantial asset base provides economies of scale for vessel and container leasing, serves as collateral for financing, and underpins revenue-generating capacity. Scale supports contract coverage and market presence, helping sustain leasing cashflows and negotiation leverage within the maritime ecosystem.
Bears Say
High LeverageElevated leverage materially increases refinancing and interest-rate exposure for a cyclical shipping finance business. In downturns or if rates rise, high debt amplifies earnings pressure, limits strategic flexibility to invest or return capital, and raises the probability of needing costly external funding within months.
Negative Free Cash FlowPersistent negative free cash flow means capital spending and investments exceed operating cash generation, forcing reliance on financing to fund asset growth or replacements. This constrains the company's ability to deleverage, build cash buffers, or sustainably increase shareholder distributions over the medium term.
Earnings Cyclicality And Margin ErosionMarked cyclicality and lower recent margins reduce earnings durability. With margins compressed from prior peaks, the company's ability to absorb downturns and service heavy leverage is impaired, making cash flows more volatile and forecasting less reliable across shipping market cycles.
COSCO SHIPPING Development Co News
2866 FAQ
What was COSCO SHIPPING Development Co Ltd Class H’s price range in the past 12 months?
COSCO SHIPPING Development Co Ltd Class H lowest stock price was HK$0.92 and its highest was HK$1.71 in the past 12 months.
What is COSCO SHIPPING Development Co Ltd Class H’s market cap?
COSCO SHIPPING Development Co Ltd Class H’s market cap is HK$29.84B.
When is COSCO SHIPPING Development Co Ltd Class H’s upcoming earnings report date?
COSCO SHIPPING Development Co Ltd Class H’s upcoming earnings report date is Aug 28, 2026 which is in 77 days.
How were COSCO SHIPPING Development Co Ltd Class H’s earnings last quarter?
COSCO SHIPPING Development Co Ltd Class H released its earnings results on Apr 29, 2026. The company reported HK$0.036 earnings per share for the quarter, beating the consensus estimate of N/A by HK$0.036.
Is COSCO SHIPPING Development Co Ltd Class H overvalued?
According to Wall Street analysts COSCO SHIPPING Development Co Ltd Class H’s price is currently Overvalued.
Does COSCO SHIPPING Development Co Ltd Class H pay dividends?
COSCO SHIPPING Development Co Ltd Class H pays a Quarterly dividend of HK$0.019 which represents an annual dividend yield of 4.16%. See more information on COSCO SHIPPING Development Co Ltd Class H dividends here
What is COSCO SHIPPING Development Co Ltd Class H’s EPS estimate?
COSCO SHIPPING Development Co Ltd Class H’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does COSCO SHIPPING Development Co Ltd Class H have?
COSCO SHIPPING Development Co Ltd Class H has 3,445,672,000 shares outstanding.
What happened to COSCO SHIPPING Development Co Ltd Class H’s price movement after its last earnings report?
COSCO SHIPPING Development Co Ltd Class H reported an EPS of HK$0.036 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 1.818%.
Which hedge fund is a major shareholder of COSCO SHIPPING Development Co Ltd Class H?
Currently, no hedge funds are holding shares in HK:2866
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
COSCO SHIPPING Development Co Stock Smart Score
Neutral
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3
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5
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8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.60%
12-Months-Change
Fundamentals
Return on Equity
5.00%
Trailing 12-Months
Asset Growth
9.74%
Trailing 12-Months
Company Description
COSCO SHIPPING Development Co Ltd Class H
COSCO SHIPPING Development Co., Ltd., along with its affiliates, delivers container leasing and vessel chartering services. The company's operations are structured into three key divisions: Shipping and Industry-Related Leasing, Container Manufacturing, and Investment and Financial Services. Its core activities encompass the production and sale of shipping containers, providing operational leases, and engaging in equity or debt investments. Furthermore, it offers insurance brokerage and specialized financial leasing solutions across various sectors, including healthcare, education, energy, construction, and industrial communication. By December 31, 2021, the company managed a fleet of 74 container ships. Founded in 1997 and headquartered in Shanghai, People's Republic of China, the entity operated as China Shipping Container Lines Company Limited until its name change in December 2016.
Technical Analysis
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Options Prices
Currently, No data available
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