COSCO SHIPPING Energy Transportation Co (1138) AI Stock Analysis

• Market Cap: $61.16B
• Dividend Yield: 4.84%
• Average Volume (3M): 36.24M
• Price to Earnings (P/E): 13.1
• Beta (1Y): 0.73
• Revenue Growth: 4.90%
• EPS Growth: N/A
• Country: HK
• Employees: 7,854
• Sector: Energy
• Sector Strength: 52
• Industry: Marine Shipping
• EPS (TTM): 0.25
• Shares Outstanding: 1,296,000,000
• 10 Day Avg. Volume: 49,992,158
• 30 Day Avg. Volume: 36,235,044
• PEG Ratio: 0.31
• Price to Book (P/B): 0.75
• Price to Sales (P/S): 1.15
• P/FCF Ratio: 35.76
• Enterprise Value/Market Cap: 1.05
• Enterprise Value/Revenue: 2.77
• Enterprise Value/Gross Profit: 10.17
• Enterprise Value/Ebitda: 7.88
• 1Y Price Target: $9.17
• Price Target Upside: -6.06% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 70 Outperform
• Price Target: HK$9.50 ▼(-2.66% Downside)

COSCO SHIPPING Energy Transportation Co's strong financial performance and reasonable valuation are the primary drivers of its stock score. While technical indicators show bullish momentum, overbought signals suggest caution. The lack of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Negative Factors

COSCO SHIPPING Energy Transportation Co Business Overview & Revenue Model

Company Description

COSCO SHIPPING Energy Transportation Co., Ltd., an investment holding company, engages in the shipment of oil, liquefied natural gas (LNG), and chemicals along the coast of the People's Republic of China and internationally. It operates in Oil Shipment, LNG, and Others segments. The company also engages in the chartering of vessels; shipment of liquefied petroleum gas; and provision of shipping agency services. As of December 31, 2021, it owned 166 oil tankers with a total capacity of 25.24 million deadweight tons (DWT), including 154 self-owned oil tankers with a capacity of 21.86 million DWT, 12 chartered-in oil tankers with a capacity of 3.38 million DWT, and 2 oil tankers with a capacity of 0.369 million DWT; and 47 jointly-invested LNG vessels, which includes 38 LNG vessels in operation with an aggregate capacity of 6.42 million cubic meters and 9 LNG vessels under construction with an aggregate capacity of 1.56 cubic meters. The company was formerly known as China Shipping Development Company Limited and changed its name to COSCO SHIPPING Energy Transportation Co., Ltd. in October 2016. COSCO SHIPPING Energy Transportation Co., Ltd. was founded in 1994 and is based in Shanghai, the People's Republic of China.

How the Company Makes Money

COSCO SHIPPING Energy Transportation Co generates revenue primarily through the chartering of its tanker fleet to transport crude oil, refined petroleum products, and LNG. The company earns income from long-term and spot charter contracts, which involve leasing its vessels to oil companies and traders who require transportation services. Additionally, COSCO SHIPPING Energy Transportation Co benefits from strategic partnerships and alliances with other shipping firms, enhancing its market reach and operational efficiency. The company's earnings are influenced by factors such as global oil demand, shipping rates, and fuel costs.

COSCO SHIPPING Energy Transportation Co Financial Statement Overview

Summary

COSCO SHIPPING Energy Transportation Co demonstrates strong financial health with robust profitability and stable leverage. Revenue and profit margins are commendable, but the significant drop in free cash flow growth is a concern.

Income Statement

The company shows strong revenue growth with a 6.07% increase in 2024 compared to 2023. Gross profit and net profit margins are healthy at 27.24% and 17.37%, respectively, for 2024. The EBIT margin is robust at 23.07%, and EBITDA margin is strong at 35.99%. Overall, the income statement reflects solid profitability and growth trends.

Balance Sheet

The debt-to-equity ratio improved to 0.94 from 0.86, indicating manageable leverage. The return on equity (ROE) is commendable at 11.25%, reflecting effective equity utilization. The equity ratio stands at 44.26%, showing a sound capital structure. The balance sheet is stable with a cautious approach to leverage.

Cash Flow

Operating cash flow to net income ratio stands strong at 2.14, indicating efficient cash generation relative to net income. However, free cash flow growth is negative at -75.18%, showing a sharp decline from the previous year. Despite strong operational cash flows, the reduction in free cash flow is a concern.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	23.24B	21.91B	18.66B	12.70B	16.38B
Gross Profit	6.33B	6.50B	3.46B	929.09M	4.76B
EBITDA	8.37B	9.39B	6.61B	-884.09M	6.99B
Net Income	4.04B	3.35B	1.46B	―	2.38B
Balance Sheet
Total Assets	81.04B	72.08B	68.25B	59.39B	65.96B
Cash, Cash Equivalents and Short-Term Investments	5.66B	5.63B	4.24B	3.52B	4.87B
Total Debt	33.71B	29.71B	29.27B	24.55B	25.06B
Total Liabilities	42.06B	34.98B	34.68B	29.47B	30.36B
Stockholders Equity	35.87B	34.39B	31.57B	28.59B	34.62B
Cash Flow
Free Cash Flow	749.93M	3.02B	―	468.51M	1.56B
Operating Cash Flow	8.63B	8.66B	4.21B	3.39B	7.07B
Investing Cash Flow	-8.76B	-4.60B	―	―	―
Financing Cash Flow	-102.21M	-2.73B	1.52B	―	―

COSCO SHIPPING Energy Transportation Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.76
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1138, the sentiment is Positive. The current price of 9.76 is above the 20-day moving average (MA) of 8.05, above the 50-day MA of 7.18, and above the 200-day MA of 6.49, indicating a bullish trend. The MACD of 0.69 indicates Negative momentum. The RSI at 80.56 is Negative, neither overbought nor oversold. The STOCH value of 84.60 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1138.

COSCO SHIPPING Energy Transportation Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0316	80 Outperform	88.23B	4.20	19.46%	11.95%	28.91%	150.66%
1919	77 Outperform	244.91B	4.06	20.92%	12.24%	30.56%	0.00%
1199	74 Outperform	22.01B	7.74	5.21%	5.16%	8.00%	5.90%
2343	74 Outperform	12.54B	16.23	7.21%	2.73%	-4.94%	22.86%
1138	70 Outperform	$61.16B	13.09	9.13%	4.84%	4.90%	―
2866	62 Neutral	31.59B	8.40	0.00%	3.77%	29.67%	79.82%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

COSCO SHIPPING Energy Transportation Co Corporate Events

COSCO SHIPPING Energy Transportation Announces Governance Amendments

COSCO SHIPPING Energy Transportation Co., Ltd. has announced an extraordinary general meeting to be held on September 26, 2025, to discuss and approve several proposed amendments. These amendments include changes to the Articles of Association, the Rules and Procedures of Shareholders’ General Meetings, and the Rules and Procedures of Meetings of the Board of Directors. Additionally, the company plans to cancel its Supervisory Committee and abolish its associated rules and procedures. These changes are aimed at streamlining the company’s governance structure and enhancing operational efficiency.

The most recent analyst rating on (HK:1138) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.

COSCO SHIPPING Energy Reports Mixed Interim Results for 2025

COSCO SHIPPING Energy Transportation Co., Ltd. reported its interim results for the six months ending June 30, 2025, showing a revenue of approximately RMB11.573 billion, a decrease of 2.5% year-on-year. The company’s profit attributable to equity holders was RMB1.894 billion, marking a 29.0% year-on-year decrease, though it saw a 61.0% increase from Q1 to Q2. This financial performance indicates challenges in maintaining revenue growth, but a positive quarterly profit trend suggests potential operational improvements.

The most recent analyst rating on (HK:1138) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.

COSCO SHIPPING Energy Transportation Schedules Board Meeting for Interim Results

COSCO SHIPPING Energy Transportation Co., Ltd. has announced that its board of directors will convene a meeting on August 29, 2025, to review and approve the interim financial results for the first half of the year ending June 30, 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (HK:1138) stock is a Buy with a HK$11.10 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.

COSCO SHIPPING Energy Announces Governance Overhaul

COSCO SHIPPING Energy Transportation Co., Ltd. announced significant corporate governance changes, including the cancellation of its Supervisory Committee and amendments to its Articles of Association and Board procedures. These changes aim to align with new legal requirements in China and improve operational efficiency, subject to shareholder approval at an upcoming extraordinary general meeting.

The most recent analyst rating on (HK:1138) stock is a Buy with a HK$11.10 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.

COSCO SHIPPING Energy Announces AGM Results and Board Changes

COSCO SHIPPING Energy Transportation Co., Ltd. announced the successful passing of all resolutions at its Annual General Meeting (AGM), including the approval of a final dividend of RMB0.21 per share for the year ending December 2024. The AGM also saw the appointment of Ms. ZHOU Chongyi as a non-executive director, replacing Ms. WANG Songwen, who retired. Additionally, Ms. ZHOU Chongyi was appointed to the Strategy and Nomination Committees, reflecting a strategic shift in board composition.

The most recent analyst rating on (HK:1138) stock is a Buy with a HK$11.10 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.

COSCO SHIPPING Energy Updates Final Dividend for 2024

COSCO SHIPPING Energy Transportation Co., Ltd. announced an update to its final dividend for the year ended 31 December 2024, with a declared amount of RMB 0.21 per share. The dividend will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.09655, with a payment date set for 29 August 2025. This announcement highlights the company’s commitment to returning value to its shareholders and may impact investor sentiment positively. The company also detailed the withholding tax arrangements for different categories of shareholders, which is crucial for investors to understand their tax obligations.

The most recent analyst rating on (HK:1138) stock is a Buy with a HK$11.10 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.

COSCO SHIPPING Energy Transportation Updates Board Composition

COSCO SHIPPING Energy Transportation Co., Ltd. announced the latest composition of its Board of Directors, including executive, non-executive, and independent non-executive directors. The announcement details the roles and functions of each director within the company’s five board committees, which are crucial for strategic planning, nomination, remuneration, audit, and risk control. This update reflects the company’s commitment to maintaining a robust governance structure, potentially impacting its strategic direction and operational efficiency.

The most recent analyst rating on (HK:1138) stock is a Buy with a HK$11.10 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.