COSCO SHIPPING Holdings Co., Ltd. (CICOY) Stock
COSCO SHIPPING Holdings Co., Ltd. operates as an investment holding entity primarily engaged in the global container logistics industry.
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About COSCO SHIPPING Holdings Co., Ltd.
COSCO SHIPPING Holdings Co., Ltd. operates as an investment holding entity primarily engaged in the global container logistics industry. Its core business activities encompass container shipping, the management of various container terminals, and other related port services. These operations extend across a significant international footprint, including the United States, Europe, the Asia Pacific region, and Mainland China. The company's organizational structure divides its extensive work into two distinct segments: Container Shipping and Terminal Business. Beyond these core areas, the firm also delivers a comprehensive range of supplementary services, such as freight forwarding, diverse transportation solutions, vessel chartering, marine operations, ship management, crew provisioning, and acting as a liner agent. Established in 2005, the company was formerly recognized as China COSCO Holdings Company Limited before it officially adopted the name COSCO SHIPPING Holdings Co., Ltd. in November 2016. Its corporate headquarters are located in Shanghai, in the People's Republic of China.
COSCO SHIPPING Holdings Co., Ltd. is headquartered in CN.
COSCO SHIPPING Holdings Co., Ltd. (CICOY) stock trades at $9.43 with a market capitalization of $28.77B. 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 $7.43 and $10.51, and currently trades 10.3% below its 52-week high. It pays a dividend yielding 6.79%.
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 $213.5B, net profit of $30.0B, 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 $484.1B, $151.6B in cash and equivalents.
CICOY has an average daily trading volume of 5,601 shares, a beta of 0.62 (less volatile than the overall market).
Official website: hold.coscoshipping.com