COSCO SHIPPING Development Co Ltd Class H (HK:2866)
:2866
Want to see HK:2866 full AI Analyst Report?
2866 Stock Chart & Stats
HK$1.08
HK$0.00(0.00%)
At close: 4:00 PM EST
HK$1.08
HK$0.00(0.00%)
Day’s Range― - ―
52-Week RangeHK$0.94 - HK$1.71
Previous CloseN/A
Volume1.88M
Average Volume (3M)16.92M
Market Cap
HK$30.49B
Enterprise ValueHK$107.05B
Total Cash (Recent Filing)HK$14.05B
Total Debt (Recent Filing)HK$75.98B
Price to Earnings (P/E)20.6
Beta0.87
Next Earnings
Aug 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield4.16%
Share Statistics
EPS (TTM)0.09
Shares Outstanding3,445,672,000
10 Day Avg. Volume15,984,000
30 Day Avg. Volume16,922,870
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.41
Price to Sales (P/S)0.50
P/FCF Ratio-2.83
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.21
Revenue Forecast (FY)HK$15.06B
Bulls Say, Bears Say
Bulls Say
Parent-group IntegrationBeing part of the COSCO SHIPPING group provides structural distribution and fleet access advantages for leasing and financing activities. This integration supports stable deal flow, counterparty relationships and access to group assets, strengthening long-term franchise value in vessel leasing.
Large Asset BaseA substantial asset base (~135.8B) underpins leasing operations, providing collateral coverage for debt and scale benefits in asset management. Large tangible assets support long-term lease cash flows and reduce execution risk when renewing or remarketing vessels and containers.
Positive Operating Cash Flow & Revenue ReboundA material TTM revenue rebound and positive operating cash flow (~3.8B) indicate structural demand recovery and the company's ability to generate recurring lease cash inflows. Sustained operating cash generation supports debt servicing and ongoing leasing investments over the medium term.
Bears Say
High LeverageDebt-to-equity near 3.1x leaves limited financial flexibility for a cyclical shipping financier. Elevated leverage amplifies earnings volatility, increases refinancing risk during downturns, and constrains capital allocation choices, weakening resilience across shipping cycles.
Negative Free Cash FlowConsistent negative free cash flow (TTM ~-4.5B) implies investment and capex exceed operating inflows, forcing reliance on external financing. Over time this reduces balance-sheet optionality, raises funding costs, and can limit the company's ability to reduce leverage or pay sustained dividends.
Cyclicality And Compressed MarginsMargins and returns sit well below prior peaks, reflecting structural cyclicality in shipping rates and asset values. Moderate net margins and low ROE increase sensitivity to weaker freight markets, risking rapid profit declines and slower recovery in shareholder returns during downturns.
COSCO SHIPPING Development Co News
2866 FAQ
What was COSCO SHIPPING Development Co Ltd Class H’s price range in the past 12 months?
COSCO SHIPPING Development Co Ltd Class H lowest stock price was HK$0.94 and its highest was HK$1.71 in the past 12 months.
What is COSCO SHIPPING Development Co Ltd Class H’s market cap?
COSCO SHIPPING Development Co Ltd Class H’s market cap is HK$30.49B.
When is COSCO SHIPPING Development Co Ltd Class H’s upcoming earnings report date?
COSCO SHIPPING Development Co Ltd Class H’s upcoming earnings report date is Aug 28, 2026 which is in 80 days.
How were COSCO SHIPPING Development Co Ltd Class H’s earnings last quarter?
COSCO SHIPPING Development Co Ltd Class H released its earnings results on Apr 29, 2026. The company reported HK$0.036 earnings per share for the quarter, beating the consensus estimate of N/A by HK$0.036.
Is COSCO SHIPPING Development Co Ltd Class H overvalued?
According to Wall Street analysts COSCO SHIPPING Development Co Ltd Class H’s price is currently Overvalued.
Does COSCO SHIPPING Development Co Ltd Class H pay dividends?
COSCO SHIPPING Development Co Ltd Class H pays a Quarterly dividend of HK$0.019 which represents an annual dividend yield of 4.16%. See more information on COSCO SHIPPING Development Co Ltd Class H dividends here
What is COSCO SHIPPING Development Co Ltd Class H’s EPS estimate?
COSCO SHIPPING Development Co Ltd Class H’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does COSCO SHIPPING Development Co Ltd Class H have?
COSCO SHIPPING Development Co Ltd Class H has 3,445,672,000 shares outstanding.
What happened to COSCO SHIPPING Development Co Ltd Class H’s price movement after its last earnings report?
COSCO SHIPPING Development Co Ltd Class H reported an EPS of HK$0.036 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 1.818%.
Which hedge fund is a major shareholder of COSCO SHIPPING Development Co Ltd Class H?
Currently, no hedge funds are holding shares in HK:2866
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
COSCO SHIPPING Development Co Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.60%
12-Months-Change
Fundamentals
Return on Equity
5.00%
Trailing 12-Months
Asset Growth
9.74%
Trailing 12-Months
Company Description
COSCO SHIPPING Development Co Ltd Class H
COSCO SHIPPING Development Co., Ltd., along with its affiliates, delivers container leasing and vessel chartering services. The company's operations are structured into three key divisions: Shipping and Industry-Related Leasing, Container Manufacturing, and Investment and Financial Services. Its core activities encompass the production and sale of shipping containers, providing operational leases, and engaging in equity or debt investments. Furthermore, it offers insurance brokerage and specialized financial leasing solutions across various sectors, including healthcare, education, energy, construction, and industrial communication. By December 31, 2021, the company managed a fleet of 74 container ships. Founded in 1997 and headquartered in Shanghai, People's Republic of China, the entity operated as China Shipping Container Lines Company Limited until its name change in December 2016.
Technical Analysis
COSCO SHIPPING Holdings Co
―
COSCO SHIPPING Energy Transportation Co
―
Orient Overseas (International)
―
Pacific Basin Shipping
―
SITC International Holdings Co., Ltd.
―
Options Prices
Currently, No data available
---