COSCO SHIPPING Development Co Ltd Class H (HK:2866)
:2866
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$0.78 - HK$1.71
Previous CloseN/A
Volume1.88M
Average Volume (3M)16.92M
Market Cap
HK$38.03B
Enterprise ValueHK$85.25B
Total Cash (Recent Filing)HK$10.28B
Total Debt (Recent Filing)HK$66.46B
Price to Earnings (P/E)14.4
Beta0.79
Next Earnings
Apr 30, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield4.16%
Share Statistics
EPS (TTM)0.05
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
Recurring Leasing RevenueCOSCO SHIPPING Development’s core business is asset-backed leasing and shipping finance, which generates recurring rental and interest income. This model produces predictable cash inflows tied to multi-year leases and long-lived assets, supporting stable revenue streams across shipping cycles and enabling contract-driven visibility for 2–6 months and longer.
Strong Operating MarginsCompany-level gross and EBITDA margins remain healthy, reflecting asset-efficient leasing and scale in container management. Higher EBITDA margins provide resilience to revenue swings, enabling the firm to absorb cyclical revenue declines while maintaining core operations and servicing financing, a durable advantage in capital-intensive shipping asset businesses.
Scale With Improving Leverage TrendA sizable asset base and visible trend of deleveraging improve financial flexibility over time. While leverage remains elevated, the multi-year reduction indicates management focus on capital structure repair, which, if continued, should lower refinancing risk and enhance ability to fund asset replacement and growth without immediate reliance on volatile markets.
Bears Say
Consistent Negative Free Cash FlowPersistent negative free cash flow signals capex, fleet purchases or lease financing outflows exceed operating cash generation. Over the medium term this constrains the company’s ability to reduce debt, return capital, or absorb shocks without raising external funding, making long-term financial flexibility and credit profile more sensitive to market conditions.
Elevated Leverage BurdenMaterial debt levels relative to equity increase refinancing and interest-rate risk for a capital-intensive leasing firm. Modest ROE suggests returns are not high enough to rapidly de-lever using retained earnings alone, leaving the company exposed to higher funding costs or tighter credit conditions over the next several quarters if industry cash flows weaken.
Revenue Decline And CyclicalityA ~10% revenue drop and normalization from prior peak years highlight the sector’s cyclical demand sensitivity. For an operator tied to container leasing and shipping finance, prolonged softness reduces pricing power and utilization, pressuring margins and cashflows over multiple quarters and making medium-term earnings more volatile.
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$0.78 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$38.03B.
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 Apr 30, 2026 which is in 21 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 Mar 30, 2026. The company reported HK$0.053 earnings per share for the quarter, beating the consensus estimate of N/A by HK$0.053.
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$0.024 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$0.053 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.521%.
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
5.24%
Trailing 12-Months
Asset Growth
9.19%
Trailing 12-Months
Company Description
COSCO SHIPPING Development Co Ltd Class H
COSCO SHIPPING Development Co., Ltd., together with its subsidiaries, provides vessel chartering and container leasing services. It operates through Shipping and Industry-Related Leasing, Container Manufacturing, and Investment and Financial Services segments. The company manufactures and sells containers; and offers operating leasing, equity or debt investment, and insurance brokerage, as well as financial leasing services in the areas of health care, education, energy, construction, and industrial communication. As of December 31, 2021, it had 74 container ships. The company was formerly known as China Shipping Container Lines Company Limited and changed its name to COSCO SHIPPING Development Co., Ltd. in December 2016. COSCO SHIPPING Development Co., Ltd. was founded in 1997 and is headquartered in Shanghai, the People's Republic of China.
Technical Analysis
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Options Prices
Currently, No data available
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