COSCO SHIPPING Holdings Co., Ltd. (CICOF) Stock
Operating as an investment holding company, COSCO SHIPPING Holdings Co., Ltd. primarily engages in the container shipping and terminal businesses, including related services.
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About COSCO SHIPPING Holdings Co., Ltd.
Operating as an investment holding company, COSCO SHIPPING Holdings Co., Ltd. primarily engages in the container shipping and terminal businesses, including related services. Its global reach extends across the United States, Europe, the Asia Pacific region, and mainland China. The company structures its operations into two main segments: Container Shipping and Terminal Business. In addition to its core activities, it offers a range of services such as freight forwarding, transportation, vessel chartering, marine services, vessel management, crew provision, and liner agency functions. The company, which was incorporated in 2005 and is based in Shanghai, People's Republic of China, changed its name from China COSCO Holdings Company Limited to its current designation in November 2016.
COSCO SHIPPING Holdings Co., Ltd. is headquartered in CN.
COSCO SHIPPING Holdings Co., Ltd. (CICOF) stock trades at $1.66 with a market capitalization of $25.67B. The stock is valued at a price-to-earnings (P/E) ratio of 8.93, price-to-book of 0.94, price-to-sales of 1.05. Over the past 52 weeks the stock has ranged between $1.59 and $2.05, and currently trades 19.0% below its 52-week high. It pays a dividend yielding 7.83%.
On profitability, COSCO SHIPPING Holdings Co., Ltd. generates a return on equity (ROE) of 10.75%, return on capital employed of 12.09%, an operating margin of 21.01%, a net profit margin of 11.74%.
In its most recent fiscal year, COSCO SHIPPING Holdings Co., Ltd. reported annual revenue of $213.8B, net profit of $30.1B, revenue has compounded at 4.5% a year over the last five years, profit at 24.8% a year. Profit growing faster than revenue points to expanding margins.
The balance sheet shows a debt-to-equity ratio of 0.31 — a conservative balance sheet with little leverage risk, a current ratio of 1.52, total assets of $484.0B, $151.5B in cash and equivalents.
CICOF has an average daily trading volume of 3,481 shares, a beta of 0.62 (less volatile than the overall market).
Official website: hold.coscoshipping.com