COSCO Shipping International Singapore Co Ltd (F83) AI Stock Analysis

• Market Cap: S$564.29M
• Dividend Yield: N/A
• Average Volume (3M): 6.32M
• Price to Earnings (P/E): 52.5
• Beta (1Y): 0.87
• Revenue Growth: -3.24%
• EPS Growth: 200.00%
• Country: SG
• Employees: 879
• Sector: Industrials
• Sector Strength: 94
• Industry: Integrated Freight & Logistics
• EPS (TTM): <0.01
• Shares Outstanding: 4,478,489,700
• 10 Day Avg. Volume: 15,037,039
• 30 Day Avg. Volume: 6,321,662
• PEG Ratio: 1.36
• Price to Book (P/B): 0.58
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 12.32
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 57 Neutral
• Price Target: S$0.00 ▼(-100.00%Downside)

The overall stock score is primarily driven by stable financial performance and positive technical indicators, suggesting a moderate investment opportunity. However, high valuation metrics pose a risk, indicating potential overvaluation. The lack of recent earnings call data and corporate events limits additional insights into future performance.

COSCO Shipping International Singapore Co Ltd Business Overview & Revenue Model

Company Description

COSCO SHIPPING International (Singapore) Co., Ltd., an investment holding company, provides integrated logistics services in South and Southeast Asia. It operates through Shipping, Ship Repair and Marine Engineering Activities, Logistics, and Property Management segments. The company's logistics services include warehousing management, ISO tank and container depot management, automotive logistics, and transport management to SMEs and multinational companies. It also offers forwarding and shipping; property investment, trading, and management services; and dry bulk cargo transportation services comprising grains, iron ore, coal, steel, cement, and fertilizers through 3 vessels, as well as ship repair and marine engineering services. In addition, the company provides export processing, transportation, and storage of motor vehicles, as well as hostel management services; and engages in ship owning and chartering activities. Further, it offers container repair, fabrication work, freight management, and warehouse rental services; and produces marine outfitting components. The company was formerly known as COSCO Corporation (Singapore) Limited and changed its name to COSCO SHIPPING International (Singapore) Co., Ltd. in April 2017. The company was incorporated in 1961 and is based in Singapore. COSCO SHIPPING International (Singapore) Co., Ltd. is a subsidiary of China Ocean Shipping Company Limited.

How the Company Makes Money

COSCO Shipping International (Singapore) Co., Ltd. generates revenue through several key streams. The primary sources of income include shipping services, where the company provides container shipping and bulk shipping services across various trade routes. Another significant revenue stream is its ship repair and marine engineering services, which offer maintenance, repair, and overhaul services for ships. The logistics division further contributes to revenue by providing end-to-end supply chain solutions, including warehousing, transportation, and freight forwarding. The company's earnings are also supported by strategic partnerships and collaborations within the COSCO Shipping Group, enhancing its service offerings and market reach.

COSCO Shipping International Singapore Co Ltd Financial Statement Overview

Summary

COSCO Shipping International Singapore Co Ltd demonstrates a stable financial position with moderate profitability and solid operational cash flow. However, there are challenges in revenue growth and profitability margins. The balance sheet shows a well-managed capital structure, with a strong equity base, although return on equity remains low. Cash flow analysis reveals robust operational cash conversion but declining free cash flow growth, indicating potential challenges in reinvestment capabilities.

Income Statement

The gross profit margin for the latest year is approximately 24.57%, indicating a solid ability to maintain cost efficiency relative to revenue. However, the net profit margin is low at around 3.16%, reflecting challenges in converting sales into actual profit. Revenue has declined over the past year by approximately 3.25%, indicating potential market challenges. The EBIT and EBITDA margins stand at 6.24% and 26.90%, respectively, reflecting decent operational performance but also highlighting reliance on non-operational income to boost profitability.

Balance Sheet

The debt-to-equity ratio is 0.51, demonstrating a moderate leverage level, which suggests a balanced capital structure. The return on equity (ROE) is approximately 1.10%, indicating low profitability relative to shareholder equity. The equity ratio is 58.66%, highlighting a strong equity base, which provides stability against potential liabilities.

Cash Flow

The free cash flow growth rate is negative, at approximately -34.31%, indicating a decrease in available cash for reinvestment and shareholder returns. The operating cash flow to net income ratio is 6.27, suggesting strong cash generation relative to net income, which is positive. However, the free cash flow to net income ratio is 3.62, showing a healthy conversion of income to cash flow.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	172.92M	178.71M	185.64M	198.46M	185.84M
Gross Profit	42.48M	40.35M	41.24M	47.18M	30.07M
EBITDA	46.53M	60.57M	-45.71M	86.74M	64.72M
Net Income	5.47M	1.90M	-88.60M	30.11M	8.34M
Balance Sheet
Total Assets	846.20M	856.34M	926.03M	1.07B	1.02B
Cash, Cash Equivalents and Short-Term Investments	47.59M	66.68M	106.68M	108.01M	76.33M
Total Debt	254.04M	261.80M	328.92M	358.21M	342.85M
Total Liabilities	344.82M	380.57M	433.27M	488.32M	473.44M
Stockholders Equity	496.49M	487.09M	489.02M	574.16M	534.90M
Cash Flow
Free Cash Flow	19.80M	30.15M	32.91M	32.43M	34.42M
Operating Cash Flow	34.30M	44.31M	48.94M	58.50M	64.84M
Investing Cash Flow	-14.79M	-10.26M	-6.54M	-2.85M	-53.77M
Financing Cash Flow	-38.82M	-73.31M	-43.01M	-24.00M	-1.54M

COSCO Shipping International Singapore Co Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.13
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:F83, the sentiment is Positive. The current price of 0.13 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.12, and below the 200-day MA of 0.13, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.67 is Neutral, neither overbought nor oversold. The STOCH value of 47.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:F83.

COSCO Shipping International Singapore Co Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
S56	69 Neutral	S$543.42M	5.74	12.39%	11.24%	-9.28%	-30.48%
5UL	67 Neutral	S$33.50M	0.46	33.94%	263.33%	-35.90%	196.98%
A04	66 Neutral	S$67.18M	12.59	4.42%	―	-9.28%	-86.86%
Sector *	65 Neutral	$11.06B	15.73	5.16%	1.93%	3.12%	-25.59%
F83	57 Neutral	S$564.29M	52.50	1.11%	―	-3.24%	200.00%
W1M	―	€81.86M	7.28	8.97%	3.56%	―	―
RXS	―	S$66.61M	1.78		1.11%	―	―

COSCO Shipping International Singapore Co Ltd Corporate Events

COSCO Shipping Subsidiary Enters Strategic Cooperation for Oil & Gas Projects

COSCO Shipping International Singapore Co Ltd’s subsidiary, COSCO Shipping Marine Engineering, has entered into a strategic cooperation agreement with Union Steel Holdings Limited and China Offshore Engineering Solutions Ltd. This collaboration aims to leverage the strengths and networks of the involved parties to pursue oil and gas projects in Southeast Asia, including offshore construction and decommissioning. The agreement is not expected to significantly impact the company’s financials for the year ending December 2025.

COSCO Shipping Singapore Launches Rights Issue for Shareholders

COSCO Shipping International Singapore Co Ltd has announced the dispatch of a notification letter and rights issue forms to entitled shareholders as part of its renounceable non-underwritten rights issue. This initiative involves the issuance of up to 2,239,244,954 new ordinary shares, aimed at raising capital and potentially strengthening the company’s financial position. However, foreign shareholders will not be eligible to participate in this rights issue, as the documents will not be dispatched outside Singapore, reflecting the company’s adherence to local securities legislation.

COSCO Shipping Singapore Commences Construction at Jurong Island Hub

COSCO Shipping International Singapore Co Ltd has announced that it has received the final permit approval for the construction work at Jurong Island Logistics Hub Phase II, and construction has commenced. This development marks a significant step in the company’s expansion efforts, potentially strengthening its logistics infrastructure and enhancing its market position in the region.

COSCO Shipping Singapore Advances with Rights Issue Plans

COSCO Shipping International Singapore Co Ltd has announced the completion of necessary filings and received an irrevocable undertaking from its major shareholder, COSCO Group, for a proposed renounceable non-underwritten rights issue. This development is a step towards increasing COSCO Group’s overseas investment in the company. The proposed rights issue is still subject to approval from the Singapore Exchange and the company’s shareholders. If approved, it will allow COSCO Group to subscribe to its pro rata entitlement and a significant number of excess rights shares, potentially strengthening the company’s financial position and market presence.