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CSSC (Hong Kong) Shipping Company Limited
(3877)
CSSC (Hong Kong) Shipping Company Limited (3877) vs. iShares MSCI Hong Kong ETF (EWH)
CSSC (Hong Kong) Shipping Company Limited Business Overview & Revenue Model
CSSC (Hong Kong) Shipping Company Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.03B | 2.89B | 3.63B | 3.36B | 2.52B | 1.98B |
| Gross Profit | 3.03B | 2.89B | 3.32B | 2.58B | 1.95B | 1.59B |
| EBITDA | 3.30B | 3.26B | 3.54B | 2.68B | 2.19B | 1.74B |
| Net Income | 1.88B | 2.11B | 1.90B | 1.68B | 1.35B | 1.11B |
Balance Sheet | ||||||
| Total Assets | 42.20B | 43.92B | 45.14B | 40.52B | 40.88B | 30.53B |
| Cash, Cash Equivalents and Short-Term Investments | 1.18B | 3.59B | 1.14B | 1.39B | 1.99B | 3.50B |
| Total Debt | 25.55B | 27.94B | 31.36B | 27.82B | 29.84B | 20.55B |
| Total Liabilities | 27.50B | 29.62B | 32.31B | 28.88B | 30.78B | 21.54B |
| Stockholders Equity | 14.54B | 14.18B | 12.71B | 11.51B | 10.02B | 8.95B |
Cash Flow | ||||||
| Free Cash Flow | 3.43B | 5.73B | -3.08B | 1.86B | -10.37B | -777.16M |
| Operating Cash Flow | 3.82B | 6.77B | -452.17M | 3.85B | -5.01B | 683.90M |
| Investing Cash Flow | -528.76M | -1.58B | -2.53B | -1.48B | -4.49B | -2.10B |
| Financing Cash Flow | -3.85B | -4.33B | 2.73B | -2.61B | 8.73B | 1.70B |
CSSC (Hong Kong) Shipping Company Limited Technical Analysis
CSSC (Hong Kong) Shipping Company Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | HK$13.27B | 7.02 | 13.91% | 7.30% | 0.17% | -12.66% | |
73 Outperform | $56.28B | 8.98 | 12.82% | 4.39% | 1.58% | -16.66% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | HK$3.63B | 13.56 | 6.30% | 6.29% | -7.56% | ― |
CSSC (Hong Kong) Shipping Company Limited Corporate Events
CSSC (Hong Kong) Shipping Company Limited has completed the issuance of HK$2.338 billion of 0.75% guaranteed convertible bonds due 2031 under its general mandate, following satisfaction of all conditions under the subscription agreement. The bonds, guaranteed by CSSC Capital 2015 Limited, are expected to be listed and tradable on the Hong Kong Stock Exchange from 29 January 2026, and are convertible at an initial price of HK$2.39 per share into approximately 978.24 million shares, slightly adjusted from an earlier figure due to rounding, with the company also set to complete required regulatory filings with the CSRC.
The most recent analyst rating on (HK:3877) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on CSSC (Hong Kong) Shipping Company Limited stock, see the HK:3877 Stock Forecast page.
CSSC (Hong Kong) Shipping Company Limited plans to raise HK$2.338 billion through the issue of 0.75% guaranteed convertible bonds due 2031 under its general mandate, with the bonds to be issued by CSSC Capital 2015 Limited and unconditionally and irrevocably guaranteed by the company. The bonds, priced with an initial conversion price of HK$2.39 per share, could convert into about 978.2 million new shares, representing roughly 13.63% of the enlarged share capital upon full conversion, and are intended to be listed on the Hong Kong Stock Exchange; net proceeds of about HK$2.322 billion will be used for working capital and general corporate purposes including loan repayment, vessel purchase payments and other lending costs, potentially strengthening the company’s capital structure and funding capacity for fleet and financing expansion.
The most recent analyst rating on (HK:3877) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on CSSC (Hong Kong) Shipping Company Limited stock, see the HK:3877 Stock Forecast page.
CSSC (Hong Kong) Shipping Company Limited has declared a special dividend of HKD0.06 per share, citing its robust financial position, healthy cash flow and profit levels as justification for the payout. Shareholders on the register as of 5 February 2026 will be entitled to the dividend, which will be paid on or before 16 March 2026, with the company offering payment in either Hong Kong dollars or renminbi based on shareholder election. The board says the move is in the interests of the company and its shareholders as a whole, signalling confidence in its balance sheet and cash generation while providing an immediate return to investors.
The most recent analyst rating on (HK:3877) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on CSSC (Hong Kong) Shipping Company Limited stock, see the HK:3877 Stock Forecast page.
CSSC (Hong Kong) Shipping Company Limited has declared a special cash dividend of HKD 0.06 per share, payable in Hong Kong dollars with an option for shareholders to elect payment in renminbi, with the RMB equivalent and exchange rate to be announced later. The shares will trade ex-dividend on 30 January 2026, with a record date of 5 February 2026 and payment scheduled for 16 March 2026, signalling a return of surplus capital to investors that may reflect the company’s solid cash position and offer an income boost to shareholders amid ongoing developments in the shipping finance market.
The most recent analyst rating on (HK:3877) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on CSSC (Hong Kong) Shipping Company Limited stock, see the HK:3877 Stock Forecast page.
CSSC (Hong Kong) Shipping Company Limited has announced board changes effective 6 January 2026, with non-executive director Zhang Qipeng stepping down, including from the audit and strategic and investment committees, due to work adjustments and without any disagreement with the board. He is being replaced by 57-year-old Xie Weizhong, an experienced shipbuilding executive currently serving as a director of China Shipbuilding Group Guangzhou Ship Industrial Co., Ltd., whose background in shipbuilding management and economics is expected to strengthen the company’s governance and strategic oversight through his roles on the audit and strategic and investment committees.
The most recent analyst rating on (HK:3877) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on CSSC (Hong Kong) Shipping Company Limited stock, see the HK:3877 Stock Forecast page.
CSSC (Hong Kong) Shipping Company Limited has announced the current composition of its board of directors, detailing the mix of executive, non-executive and independent non-executive directors and clarifying their respective leadership roles. The company has also set out the membership structure of its five board committees—Audit, Nomination, Remuneration, Strategic and Investment, and ESG and Sustainable Development—highlighting key chairperson assignments and memberships, a move that underscores its governance framework and signals continued emphasis on oversight, strategic planning and sustainability to its investors and other stakeholders.
The most recent analyst rating on (HK:3877) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on CSSC (Hong Kong) Shipping Company Limited stock, see the HK:3877 Stock Forecast page.
CSSC (Hong Kong) Shipping Company Limited has entered into a set of novation agreements under which the rights and obligations of the original charterers in several ship charters will be transferred to new charterers, and, once conditions are met, the company will be released from its existing obligations under the original charter guarantees from the effective date. At the same time, the company has agreed to provide new guarantees of up to US$73.1 million to support the new charterers’ performance under the novated charters; while these guarantees are treated as a series of related transactions under Hong Kong listing rules, their size keeps them below the threshold for a notifiable transaction, signalling continued support of key leasing clients without triggering more onerous regulatory requirements.
The most recent analyst rating on (HK:3877) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on CSSC (Hong Kong) Shipping Company Limited stock, see the HK:3877 Stock Forecast page.
CSSC (Hong Kong) Shipping Company Limited has scheduled a board meeting for 6 January 2026 to consider the declaration and payment of a special dividend, signaling a potential return of surplus capital to shareholders. Pending board approval, the company plans to announce further details of the proposed special dividend, a move that could enhance shareholder returns and may reflect management’s confidence in its financial position and cash generation capacity.
The most recent analyst rating on (HK:3877) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on CSSC (Hong Kong) Shipping Company Limited stock, see the HK:3877 Stock Forecast page.
CSSC (Hong Kong) Shipping Company Limited has announced a change of auditor due to a disagreement over audit fees with Grant Thornton Hong Kong Limited. Baker Tilly Hong Kong Limited has been appointed as the new auditor, effective from 27 November 2025. The company assures stakeholders that the change will not impact the audit for the financial year ending 31 December 2025 and is expected to enhance cost-effectiveness.
The most recent analyst rating on (HK:3877) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on CSSC (Hong Kong) Shipping Company Limited stock, see the HK:3877 Stock Forecast page.