COSCO SHIPPING International (Hong Kong) Co., Ltd. (0517.HK) Stock

About COSCO SHIPPING International (Hong Kong) Co., Ltd.

COSCO SHIPPING International (Hong Kong) Co., Ltd., an investment holding company, provides shipping services in Hong Kong, the People's Republic of China, and internationally. It operates through Coatings; Marine Equipment and Spare Parts; Ship Trading Agency; Insurance Brokerage; Intelligent Shipping Services; and General Trading segments. The company offers agency services relating to ship building, ship trading, and bareboat chartering services, as well as voyage repair service; sells and installs equipment and spare parts for existing and new build vessels, as well as equipment of radio communications systems, satellite communications, and navigation systems for ships, offshore facilities, coastal stations, and land users; supplies marine materials; and produces and sells coatings products, including container, industrial heavy-duty anti-corrosion, and marine coatings. It also provides insurance and reinsurance intermediary services of marine and non-marine insurance, such as professional insurance brokerage services comprising risk assessment and analysis, designing insurance and reinsurance programmes, discussing insurance coverage, reviewing insurance policies, and claims adjustment and handling solutions. In addition, the company is involved in the provision of green, low-carbon, and digital intelligent solutions for the full-life cycle of the shipping industry, as well as trades in, stores, processes, and supplies asphalt and other products. The company was formerly known as COSCO International Holdings Limited and changed its name to COSCO SHIPPING International (Hong Kong) Co., Ltd. in November 2016. The company was incorporated in 1992 and is headquartered in Central, Hong Kong. COSCO SHIPPING International (Hong Kong) Co., Ltd. operates as a subsidiary of COSCO SHIPPING (Hong Kong) Co., Limited.

COSCO SHIPPING International (Hong Kong) Co., Ltd. (0517.HK) stock trades at $5.91 with a market capitalization of $8.66B. The stock is valued at a price-to-earnings (P/E) ratio of 11.15, price-to-book of 1.09, price-to-sales of 2.34. Over the past 52 weeks the stock has ranged between $5.22 and $7.92, and currently trades 25.4% below its 52-week high. It pays a dividend yielding 8.90%.

On profitability, COSCO SHIPPING International (Hong Kong) Co., Ltd. generates a return on equity (ROE) of 9.60%, an operating margin of 4.73%, a net profit margin of 20.81%.

Official website: hk.coscoshipping.com