Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
177.66B | 127.81B | 141.54B | 163.70B | 94.16B | Gross Profit |
22.25B | 17.60B | 21.62B | 29.52B | 13.44B | EBIT |
6.55B | 2.83B | 7.51B | 19.73B | 7.44B | EBITDA |
10.17B | 6.04B | 10.30B | 16.47B | 9.85B | Net Income Common Stockholders |
2.97B | 421.25M | 4.60B | 6.67B | 5.35B |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
22.98B | 21.66B | 18.17B | 16.89B | 12.38B | Total Assets |
174.75B | 161.76B | 145.90B | 154.32B | 146.21B | Total Debt |
35.54B | 28.71B | 27.40B | 42.97B | 49.27B | Net Debt |
13.92B | 7.38B | 10.29B | 26.52B | 37.09B | Total Liabilities |
106.73B | 97.13B | 83.24B | 97.34B | 92.36B | Stockholders Equity |
51.62B | 47.86B | 48.61B | 45.12B | 44.02B |
Cash Flow | Free Cash Flow | |||
5.70B | -2.77B | 11.06B | 13.89B | 9.49B | Operating Cash Flow |
9.26B | 2.70B | 14.62B | 20.57B | 12.81B | Investing Cash Flow |
-6.63B | -8.17B | -6.26B | -2.84B | -3.54B | Financing Cash Flow |
-4.24B | 9.71B | -9.76B | -12.19B | -6.54B |
China International Marine Containers (Group) Co., Ltd. has released its unaudited first quarterly report for 2025, covering the period from January 1 to March 31. The report, prepared according to China Accounting Standards for Business Enterprises, confirms the accuracy and completeness of the financial information provided. The company emphasizes transparency and compliance with listing rules in both Shenzhen and Hong Kong, ensuring stakeholders are well-informed about its financial standing.
China International Marine Containers (Group) Co., Ltd. has announced the completion of contract-signing for the Compensation and Relocation Agreement related to the land consolidation and preparation project at its CIMC Pingshan production base. This development involves its subsidiaries and local Shenzhen authorities, with the final land compensation proposal pending approval from relevant departments. The company will continue to monitor the project’s progress and fulfill necessary regulatory requirements.
China International Marine Containers (Group) Co., Ltd. announced the resolutions from its ninth board meeting in 2025, which included the approval to convene the annual general meeting in 2024. The meeting is scheduled for May 15, 2025, and will be held both on-site and online, allowing shareholders, directors, and other stakeholders to participate. This decision aligns with the company’s adherence to relevant Chinese laws and regulations, ensuring transparent governance and stakeholder engagement.
China International Marine Containers (Group) Co., Ltd. has announced its annual general meeting for 2024, scheduled for May 15, 2025. The meeting will address several key resolutions, including the approval of the 2024 work reports, profit distribution, and the appointment of directors and supervisors for the upcoming sessions. These decisions are crucial for the company’s strategic direction and governance, potentially impacting shareholder returns and operational efficiency.
China International Marine Containers (Group) Co., Ltd. has announced a positive profit alert for the first quarter of 2025, with an expected net profit increase ranging from 438% to 677% compared to the same period last year. This significant growth is attributed to increased orders from 2024, a lower base from the previous year, and improved hedging strategies, leading to decreased foreign exchange derivative losses, which collectively enhance the company’s financial performance and market positioning.
China International Marine Containers (Group) Co., Ltd. announced a board meeting scheduled for April 28, 2025, to approve and publish the company’s first quarterly report for the period ending March 31, 2025. This meeting is significant as it will provide insights into the company’s financial performance and operational strategies, potentially impacting stakeholders’ perceptions and the company’s market positioning.
China International Marine Containers (Group) Co., Ltd. announced the approval of a resolution regarding the compensation and relocation agreement for the land consolidation and preparation project of its CIMC Pingshan production base. This decision, approved unanimously by the board, involves Shenzhen Southern CIMC Containers Manufacture Co., Ltd. and Shenzhen CIMC Special Vehicles Co., Ltd., both wholly-owned subsidiaries, and is expected to impact the company’s operational efficiency and strategic positioning in the industry.
China International Marine Containers (Group) Co., Ltd. announced a voluntary agreement for compensation and relocation related to land consolidation at its Pingshan production base. This agreement, approved by the company’s board, involves its subsidiaries and local government authorities, aiming to facilitate land development without constituting a material asset restructuring, ensuring smooth operations and potential growth in the region.
China International Marine Containers (Group) Co., Ltd. has decided to terminate the proposed spin-off and separate listing of its controlling subsidiary, CIMC-TianDa Holdings Company Limited, on the ChiNext Board of the Shenzhen Stock Exchange. The decision was made after thorough evaluation and communication with involved parties, aiming to better align with the company’s business development and capital operation plans. The termination will not materially affect the group’s operations, financial conditions, or strategic planning.
China International Marine Containers (Group) Co., Ltd. has announced a final cash dividend of RMB 0.176 per share for the financial year ending December 31, 2024. The payment date is set for August 18, 2025, but details regarding shareholder approval, exchange rates, and other related information are yet to be announced.
China International Marine Containers (Group) Co., Ltd. has approved a resolution to provide guarantees up to RMB4,100 million for Shenzhen Financial Leasing (Group) Co., Ltd. and its subsidiaries for their financing activities. This decision is part of a broader strategy to support Shenzhen Leasing’s financial operations, which include credit facilities, borrowings, and asset securitization. The guarantees are considered a discloseable transaction under Hong Kong Listing Rules, requiring reporting and announcement but not independent shareholder approval. The move reflects CIMC’s ongoing commitment to its associates and strategic partners, ensuring their financial stability and operational growth.
China International Marine Containers (Group) Co., Ltd. has announced provisions for asset impairment totaling RMB1,152,850,000 for the year 2024. This move is in line with the company’s adherence to the PRC Accounting Standards for Business Enterprises and aims to objectively reflect its financial condition. The provisions cover various asset categories, including bad debts, inventory, and fixed assets, indicating a strategic approach to managing financial risks and maintaining transparency in its financial reporting. This announcement may impact the company’s financial statements and provide stakeholders with insights into its asset management strategies.
China International Marine Containers (Group) Co., Ltd. has announced the proposed appointment of new directors and supervisors for its eleventh session of the Board. The current board’s term will expire at the 2024 annual general meeting, and the new appointments are expected to impact the company’s strategic direction and governance. The nominations include Mr. MAI Boliang as the executive director and several other candidates for non-executive and independent non-executive director positions, reflecting a strategic move to strengthen the company’s leadership and maintain its competitive edge in the industry.
China International Marine Containers (Group) Co., Ltd. held its seventh board meeting of 2025, where several key resolutions were passed. These included the approval of the 2024 Work Report, Annual Report, Profit Distribution, Dividend Distribution Proposal, and the re-appointment of an accounting firm for 2025. All resolutions were unanimously approved by the board and will be submitted to the general meeting for further consideration, indicating a stable and organized approach to the company’s governance and financial planning.
China International Marine Containers (Group) Co., Ltd. held the first meeting of its tenth session Supervisory Committee for 2025, where key resolutions were passed. The committee approved the 2024 Work Report, the Annual Report, and the internal control assessment, all of which comply with relevant laws and accurately reflect the company’s operations. Additionally, the profit and dividend distribution plans for 2024 were deemed appropriate, aligning with the company’s performance and future development goals, ensuring benefits for all shareholders.
China International Marine Containers (Group) Co., Ltd. has released its results announcement for the year ended 31 December 2024. The financial statements, audited by KPMG Huazhen LLP, received unqualified opinions, confirming their accuracy and completeness. The company has proposed a cash dividend of RMB0.176 per share, subject to approval at the annual general meeting, with payment expected around 18 August 2025. This announcement underscores CIMC’s stable financial performance and commitment to shareholder returns.
China International Marine Containers (Group) Co., Ltd announced the signing of a new Framework Agreement with CMI, effective from January 2025 to December 2027, to continue selling goods and receiving services from CMI Group. This agreement replaces the previous one with CMOEI and aligns with Hong Kong and Shenzhen listing rules, marking an important step in maintaining strategic partnerships and ensuring compliance with regulatory requirements.
China International Marine Containers (Group) Co., Ltd. announced the resolution of its sixth board meeting in 2025, where the board approved a framework agreement with China Merchants Industry Holdings Co., Ltd. for continuing connected transactions and ordinary related-party transactions for the years 2025 to 2027. This agreement, which includes sales of goods and receiving of services, is expected to be conducted on normal commercial terms and is deemed fair and reasonable, benefiting the company and its shareholders.
China International Marine Containers (Group) Co., Ltd. has announced it will hold a presentation for its 2024 annual results on March 28, 2025. This event, which will be accessible both on-site and via live webcast, aims to provide investors with a comprehensive understanding of the company’s performance and future outlook. The company is also collecting questions from investors in advance to address during the presentation, highlighting its commitment to transparency and investor engagement.
China International Marine Containers (Group) Co., Ltd. has announced a board meeting scheduled for March 27, 2025, to approve and publish the annual results for the year ending December 31, 2024. The meeting will also consider the payment of a final dividend and other business matters, potentially impacting the company’s financial strategy and shareholder returns.
China International Marine Containers (Group) Co., Ltd. announced the resolutions from its fifth board meeting of 2025, which included the by-election of Mr. MEI Xianzhi as Vice-chairman and member of the strategy committee, and Mr. ZHAO Jintao as a member of both the remuneration and appraisal committee and the risk management committee. These appointments are expected to strengthen the company’s strategic and risk management capabilities, potentially enhancing its operational efficiency and governance structure.
China International Marine Containers (Group) Co., Ltd. has completed the by-election of directors, vice-chairman, and members of relevant special committees of its board. The company elected Mr. MEI Xianzhi and Mr. ZHAO Jintao as non-executive directors, with Mr. MEI Xianzhi also appointed as vice-chairman and member of the strategy committee, while Mr. ZHAO Jintao joins the remuneration and appraisal committee and the risk management committee. These appointments are expected to strengthen the company’s governance and strategic direction.
China International Marine Containers (Group) Co., Ltd. has announced the composition of its tenth session board of directors, which includes nine directors with specified roles. The board has established five special committees to enhance governance, including the Strategy, Audit, Nomination, Remuneration and Appraisal, and Risk Management Committees, indicating a structured approach to corporate oversight and strategic planning.
China International Marine Containers (Group) Co., Ltd. held its first extraordinary general meeting for 2025, where key resolutions were passed, including the by-election of Mr. MEI Xianzhi and Mr. ZHAO Jintao as non-executive directors for the tenth session of the Board. The meeting saw significant shareholder participation, with resolutions passed by a majority vote, indicating strong support for the company’s governance and strategic direction.
China International Marine Containers (Group) Co., Ltd. announced the resolutions from the third meeting of its board of directors for 2025. Key decisions included the nomination of Mr. MEI Xianzhi and Mr. ZHAO Jintao as candidates for a by-election of directors, and the approval to convene the first extraordinary general meeting in 2025. These resolutions are integral to the company’s governance and operational planning, potentially impacting its strategic direction and stakeholder engagement.
China International Marine Containers (Group) Co., Ltd. announced the proposed appointment of new directors following the resignation of Mr. HU Xianfu and Mr. DENG Weidong due to changes in their job assignments. The company has nominated Mr. MEI Xianzhi and Mr. ZHAO Jintao as candidates for the board, pending approval at the general meeting. This transition in leadership is significant as it ensures continuity and strategic alignment within the company, potentially impacting its operational dynamics and stakeholder interests.
China International Marine Containers (Group) Co., Ltd. has announced the scheduling of its first extraordinary general meeting for 2025 to be held on March 13, 2025. The primary agenda is the by-election of directors, specifically appointing Mr. MEI Xianzhi and Mr. ZHAO Jintao as non-executive directors. This meeting and the subsequent appointments are likely to influence the company’s strategic direction and governance structure, potentially impacting its industry positioning and stakeholder relations.