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2866 Stock Chart & Stats
HK$0.91
HK$0.00(0.00%)
At close: 4:00 PM EDT
HK$0.91
HK$0.00(0.00%)
Day’s Range― - ―
52-Week RangeHK$0.86 - HK$1.71
Previous CloseN/A
Volume7.05M
Average Volume (3M)16.92M
Market Cap
HK$31.03B
Enterprise ValueHK$105.13K
Total Cash (Recent Filing)HK$14.05B
Total Debt (Recent Filing)HK$75.98B
Price to Earnings (P/E)21.2
Beta0.86
Next Earnings
Aug 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield1.85%
Share Statistics
EPS (TTM)0.12
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
Large Asset BaseA sizeable asset base (~135.8B) provides structural scale for leasing and asset-backed financing, improving collateral coverage and enabling large contract capacity. Scale supports network effects in container/vessel operations and gives the company flexibility to allocate capital across cyclical shipping segments.
Positive Operating Cash FlowConsistent positive operating cash flow (TTM ~3.8B) indicates core businesses generate cash from operations, which supports ongoing asset leases, working capital needs and recurring payouts. Over months this underpins operational resilience even if investment outlays bite free cash flow.
Group Affiliation & Diversified ModelBeing part of the COSCO SHIPPING group and operating across leasing, financing and asset ownership creates durable commercial advantages: preferential internal demand, integrated customer relationships across the maritime supply chain, and diversified revenue streams reducing single-segment dependency.
Bears Say
High LeverageElevated leverage (~3.1x debt/equity; ~76B debt) materially increases financial risk in a cyclical industry. It constrains strategic optionality, raises interest-service sensitivity, and limits the firm's ability to absorb revenue shocks or fund opportunistic investments without tapping markets or diluting equity.
Negative Free Cash FlowPersistent negative free cash flow (TTM ~-4.5B) signals that capital spending and/or investment needs exceed operating cash generation. Over quarters this can force reliance on external financing, reduce capacity to de-lever, and limit discretionary spending such as dividends or strategic M&A without issuing new debt or equity.
Cyclicality And Compressed MarginsMaterial revenue cyclicality and a decline in net margin to ~6% from prior peaks (~15–16%) reflect structural exposure to freight rate swings and weaker pricing. Over multiple months this reduces earnings durability, compresses returns on capital, and makes long-term planning and consistent shareholder returns more challenging.
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$0.86 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$31.03B.
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 29, 2026 which is in 25 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, missing the consensus estimate of N/A by N/A.
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 Annually dividend of HK$0.017 which represents an annual dividend yield of 1.85%. 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, missing expectations of N/A. Following the earnings report the stock price went up 1.855%.
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
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.60%
12-Months-Change
Fundamentals
Return on Equity
1.85%
Trailing 12-Months
Asset Growth
9.74%
Trailing 12-Months
Company Description
COSCO SHIPPING Development Co Ltd Class H
COSCO SHIPPING Development Co., Ltd., together with its subsidiaries, research, develops, manufactures, and sells containers in the United States, Asia, Hong Kong, Mainland China, Europe, and internationally. It operates through Container Manufacturing Business; Shipping Leasing Business; Container Leasing Business; and Investment Management Business segments. The company offers dry cargo, refrigerated, and special containers, as well as container houses and after-sales services; integrated shipping, logistics, and industry finance services; and vessel chartering and financial leasing services, including container ships, dry bulk carriers, special-purpose vessels, and tankers. COSCO SHIPPING Development Co., Ltd. was formerly known as China Shipping Container Lines Company Limited and changed its name to COSCO SHIPPING Development Co., Ltd. in November 2016. COSCO SHIPPING Development Co., Ltd. was founded in 1997 and is headquartered in Shanghai, China.
Technical Analysis
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