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COSCO SHIPPING Energy Transportation Co
(1138)
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Rating:55Neutral
Price Target:
HK$19.50
â–²(19.34% Upside)
Action:Reiterated
Date:06/16/26
The score is driven mainly by fair-to-good financial performance (solid profitability but steep 2025 revenue decline, moderate leverage, and weaker/volatile free cash flow) and a weak technical setup (negative MACD with low RSI/Stoch). Valuation is roughly neutral with a mid P/E and moderate dividend yield.
Positive Factors
Solid Profitability
Healthy gross and net margins show that the company can still generate meaningful earnings from its energy-shipping operations. This profitability provides an internal funding base for fleet operations and investment, while supporting resilience through changing freight conditions over the next several quarters.
Negative Factors
Severe Revenue Cyclicality
The sharp 2025 revenue contraction demonstrates that earnings are highly sensitive to freight markets, route conditions, and shipping demand. Such volatility can make forward revenue and profit less predictable, complicating fleet planning, capital allocation, and the durability of earnings through weaker cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Solid Profitability
Healthy gross and net margins show that the company can still generate meaningful earnings from its energy-shipping operations. This profitability provides an internal funding base for fleet operations and investment, while supporting resilience through changing freight conditions over the next several quarters.
Read all positive factors
COSCO SHIPPING Energy Transportation Co (1138) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$126.82B
Dividend Yield2.32%
Average Volume (3M)17.82M
Price to Earnings (P/E)16.5
Beta (1Y)0.81
Revenue Growth2.50%
EPS Growth-2.32%
CountryHK
Employees7,979
SectorEnergy
Sector Strength52
IndustryMarine Shipping
Share Statistics
EPS (TTM)0.64
Shares Outstanding1,296,000,000
10 Day Avg. Volume17,352,758
30 Day Avg. Volume17,816,315
Financial Highlights & Ratios
PEG Ratio-4.42
Price to Book (P/B)0.91
Price to Sales (P/S)1.78
P/FCF Ratio37.65
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$21.53Price Target Upside31.78% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)2.12
Revenue Forecast (FY)HK$34.23B
COSCO SHIPPING Energy Transportation Co Business Overview & Revenue Model
Company Description
COSCO SHIPPING Energy Transportation Co., Ltd. operates as an investment holding company with a core focus on the global and domestic maritime transportation of energy commodities. Its primary activities involve the shipment of crude oil, liquefie...
How the Company Makes Money
The company primarily makes money by providing ocean transportation services using its tanker fleet and earning freight income under shipping contracts. Key revenue streams generally include: (1) Freight/charter revenue from transporting crude oil...
COSCO SHIPPING Energy Transportation Co Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
61
Positive
Cash Flow
54
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 23.70B | 23.24B | 21.91B | 18.66B | 12.70B |
| Gross Profit | 6.11B | 6.33B | 6.50B | 3.46B | 929.09M |
| EBITDA | 10.66B | 8.37B | 9.39B | 6.61B | -884.09M |
| Net Income | 4.04B | 4.04B | 3.35B | 1.46B | -4.99B |
Balance Sheet | |||||
| Total Assets | 92.12B | 81.04B | 72.08B | 68.25B | 59.39B |
| Cash, Cash Equivalents and Short-Term Investments | 14.43B | 5.66B | 5.63B | 4.24B | 3.52B |
| Total Debt | 35.45B | 33.71B | 29.71B | 30.22B | 25.46B |
| Total Liabilities | 42.45B | 42.06B | 34.98B | 34.68B | 29.47B |
| Stockholders Equity | 46.43B | 35.87B | 35.16B | 31.57B | 28.59B |
Cash Flow | |||||
| Free Cash Flow | 1.12B | 749.93M | 3.02B | -238.76M | 468.51M |
| Operating Cash Flow | 6.61B | 8.63B | 8.66B | 4.21B | 3.39B |
| Investing Cash Flow | -4.32B | -8.76B | -4.60B | -5.19B | -2.64B |
| Financing Cash Flow | 6.17B | -102.21M | -2.73B | 1.52B | -2.08B |
COSCO SHIPPING Energy Transportation Co Technical Analysis
Positive
16.34
Price Trends
14.62
Positive
15.50
Positive
14.71
Positive
Market Momentum
1.03
Negative
73.72
Negative
90.18
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 16.34 is below the 20-day moving average (MA) of 16.57, above the 50-day MA of 14.62, and above the 200-day MA of 14.71, indicating a bullish trend. The MACD of 1.03 indicates Negative momentum. The RSI at 73.72 is Negative, neither overbought nor oversold. The STOCH value of 90.18 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
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | HK$122.29B | 12.10 | 47.80% | 7.18% | 5.19% | -3.90% | |
74 Outperform | HK$100.97B | 9.52 | 9.43% | 5.20% | -8.09% | -52.15% | |
71 Outperform | HK$22.38B | 20.61 | 7.42% | 4.98% | -6.24% | 39.60% | |
67 Neutral | HK$288.58B | 9.41 | 11.46% | 6.73% | -4.84% | -42.70% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
55 Neutral | HK$126.82B | 16.51 | 14.91% | 2.32% | 2.50% | -2.32% | |
51 Neutral | HK$31.86B | 20.63 | 5.29% | 4.29% | -2.33% | -1.27% |
* Energy Sector Average
HK:1138
COSCO SHIPPING Energy Transportation Co
18.41
9.98
118.44%
HK:1919
COSCO SHIPPING Holdings Co
16.44
3.68
28.85%
HK:2866
COSCO SHIPPING Development Co
0.94
-0.23
-19.38%
HK:0316
Orient Overseas (International)
148.90
22.78
18.06%
HK:2343
Pacific Basin Shipping
4.27
1.96
84.77%
HK:1308
SITC International Holdings Co., Ltd.
45.36
16.78
58.70%
COSCO SHIPPING Energy Transportation Co Corporate Events
COSCO SHIPPING Energy Reshapes Board and Audit Committee at Extraordinary Meeting
Sep 1, 2026
COSCO SHIPPING Energy Transportation announced that shareholders approved a key resolution at its extraordinary general meeting held in Shanghai on 1 September 2026, with over half of the company’s issued shares represented. All directors, i...
COSCO SHIPPING Energy Updates Board and Committee Line-up
Sep 1, 2026
COSCO SHIPPING Energy Transportation has updated the composition of its board of directors, confirming two executive directors, four non-executive directors and three independent non-executive directors. The announcement also reiterates the roles ...
COSCO SHIPPING Energy Profit Jumps 141% on Strong First-Half Performance
Aug 28, 2026
COSCO SHIPPING Energy Transportation reported interim 2026 revenue of RMB15.08 billion, up 30.3% year on year, as gross profit more than doubled and operating costs were kept broadly flat. Profit attributable to shareholders surged 140.6% to RMB4....
COSCO SHIPPING Energy Declares 2026 Interim Dividend and Sets H-Share Payout
Aug 28, 2026
COSCO SHIPPING Energy Transportation has approved a 2026 interim dividend of RMB0.28 per share, representing 30% to 50% of net profit attributable to shareholders for the first half of 2026. The dividend will be paid in RMB to A shareholders and m...
COSCO SHIPPING Energy Announces 2026 Interim Dividend and Withholding Tax Arrangements
Aug 28, 2026
COSCO SHIPPING Energy Transportation Co., Ltd. has declared an interim ordinary dividend of RMB 0.28 per share for the six months ended 30 June 2026, for the financial year ending 31 December 2026. Holders of H shares will receive the dividend in ...
COSCO SHIPPING Energy Cuts 2023 Option Exercise Prices After Interim Dividend
Aug 28, 2026
COSCO SHIPPING Energy Transportation has adjusted the exercise prices of share options granted under its 2023 A Share Option Incentive Scheme following approval of its 2026 interim profit distribution plan. After declaring a cash dividend of RMB0....
COSCO SHIPPING Energy Schedules Board Meeting to Review Interim Results and Dividend
Aug 11, 2026
COSCO SHIPPING Energy Transportation Co., Ltd. has scheduled a board meeting for 28 August 2026 to review and approve the interim results for the six months ended 30 June 2026. The board will also consider recommending an interim dividend, a decis...
COSCO SHIPPING Energy Revamps Board Risk and Compliance Committee
Aug 11, 2026
COSCO SHIPPING Energy Transportation Co., Ltd., a PRC-incorporated joint stock company listed in Hong Kong, operates in the energy transportation industry, providing shipping services for energy commodities. Its governance structure comprises exec...
COSCO SHIPPING Energy Updates Board Composition and Committee Roles
Aug 11, 2026
COSCO SHIPPING Energy Transportation Co., Ltd. has announced the current composition of its board of directors, confirming REN Yongqiang as chairman and WANG Mingfeng as president, alongside a mix of non-executive and independent non-executive dir...
COSCO SHIPPING Energy Proposes New Non-Executive Director for Audit Role
Aug 11, 2026
COSCO SHIPPING Energy Transportation Co., Ltd., a Hong Kong-listed energy shipping company incorporated in the PRC, provides marine transport services for energy commodities within the COSCO SHIPPING group. The firm operates under a typical listed...
COSCO SHIPPING Energy Calls EGM to Elect New Non-Executive Director
Aug 11, 2026
COSCO SHIPPING Energy Transportation Co., Ltd. has called an extraordinary general meeting for 1 September 2026 in Shanghai to seek shareholder approval for the election of Mr. He Bin as a non-executive director and to confirm the term of his appo...
COSCO SHIPPING Energy Wins EGM Backing and Adds New Executive Director
Jul 20, 2026
COSCO SHIPPING Energy Transportation Co., Ltd., a major Chinese energy shipping company listed in Hong Kong, operates a sizable fleet serving the oil and energy logistics market and is held by both A Share and H Share investors. Its governance str...
COSCO SHIPPING Energy Transportation Updates Board and Committee Structure
Jul 20, 2026
COSCO SHIPPING Energy Transportation Co., Ltd. has announced the latest composition of its board of directors, confirming two executive directors, four non-executive directors and three independent non-executive directors, with Chairman Ren Yongqi...
COSCO SHIPPING Energy Sees 141% Profit Surge on Booming Oil Freight Market
Jul 10, 2026
COSCO SHIPPING Energy Transportation Co. forecasts unaudited net profit attributable to equity holders of about RMB4.5 billion for the six months ended 30 June 2026, up roughly 141% from the restated RMB1.87 billion a year earlier. The improvement...
COSCO SHIPPING Energy Adjusts H-Share Book Closure and Dividend Payment Schedule
Jul 2, 2026
COSCO SHIPPING Energy Transportation Co., Ltd., a major Chinese energy shipping company listed in Hong Kong, operates a fleet that supports global energy logistics and maintains H shares to tap international investors. Its governance structure and...
COSCO SHIPPING Energy Announces Final Dividend for 2025 and Details Tax Treatment
Jul 2, 2026
COSCO SHIPPING Energy Transportation Co., Ltd. declared a final ordinary dividend of RMB 0.38 per share for the financial year ended 31 December 2025, approved by shareholders on 26 June 2026. For Hong Kong H-shareholders, the dividend will be pai...
COSCO SHIPPING Energy Calls EGM to Approve New Director and QatarEnergy Project Guarantee
Jun 29, 2026
COSCO SHIPPING Energy Transportation Co. has called an extraordinary general meeting for 20 July 2026 in Shanghai, where shareholders will vote on key governance and project-related resolutions. The meeting underscores the company’s ongoing ...
COSCO SHIPPING Energy Approves Dividend and Overhauls Board Committees
Jun 26, 2026
COSCO SHIPPING Energy Transportation Co., Ltd. reported that all resolutions at its 26 June 2026 annual general meeting were passed by poll, including approval of a final dividend of RMB0.38 per share for the 2025 financial year. The company also ...
COSCO SHIPPING Energy Updates Board Line-up and Governance Structure
Jun 26, 2026
COSCO SHIPPING Energy Transportation announced the latest composition of its board of directors, confirming Ren Yongqiang as executive director and chairman, alongside four non-executive directors and three independent non-executive directors. The...
COSCO SHIPPING Energy Tightens Performance-Based Pay Framework for Top Executives
Jun 26, 2026
COSCO SHIPPING Energy Transportation has introduced a formal remuneration management system for its directors and senior management, designed to align pay with performance, value creation and the company’s specific operating conditions. The ...
COSCO SHIPPING Energy Proposes New Executive Director for Strategy Committee
Jun 26, 2026
COSCO SHIPPING Energy Transportation has proposed appointing Mr. Wang Mingfeng as an executive director, with his term to run from shareholder approval until the end of the board’s eleventh session. Subject to approval, he will also join the...
COSCO SHIPPING Energy Lowers 2023 Option Exercise Prices After Dividend Payout
Jun 26, 2026
COSCO SHIPPING Energy Transportation has adjusted the exercise prices of share options granted under its 2023 A Share Option Incentive Scheme following shareholder approval of a 2025 cash dividend of RMB0.38 per share. The initial grant exercise p...
COSCO SHIPPING Energy Declares Final 2025 Dividend and Details Tax Treatment
Jun 26, 2026
COSCO SHIPPING Energy Transportation Co., Ltd. has declared a final ordinary dividend of RMB 0.38 per share for the financial year ended 31 December 2025, with shareholder approval obtained on 26 June 2026. The dividend for Hong Kong-registered sh...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.