COSCO SHIPPING Development Co Ltd Class H (HK:2866)
:2866
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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$0.96 - HK$1.71
Previous CloseN/A
Volume1.88M
Average Volume (3M)16.92M
Market Cap
HK$31.51B
Enterprise ValueHK$107.05B
Total Cash (Recent Filing)HK$14.05B
Total Debt (Recent Filing)HK$75.98B
Price to Earnings (P/E)21.3
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
Recurring Vessel/container LeasingThe core business of vessel and container leasing produces contracted, asset-backed lease revenues that are relatively predictable over multi-year charters. That recurring cashflow profile supports resilience through cycles and underpins financing capacity and long-term contracting strategies.
Large Asset Base And ScaleA substantial asset base gives the company scale advantages in fleet financing, diversification across assets and bargaining power with counterparties. Scale supports long-term service reach, ability to amortize fixed costs and access to capital markets when conditions permit.
Strong Recent Revenue ReboundA material TTM revenue rebound shows the business can capture cyclical upswings in shipping demand, improving utilization and lease pricing. Sustained revenue recovery can restore earnings power and improve operating leverage if maintained over several quarters.
Bears Say
Elevated Financial LeverageVery high debt relative to equity constrains financial flexibility and increases refinancing and interest-rate risk. In a cyclical shipping environment, leverage amplifies downturns and can force asset sales or dilutive financing to meet obligations, limiting strategic optionality.
Consistently Negative Free Cash FlowPersistent negative free cash flow despite positive operating inflows indicates heavy capex or investment needs that exceed internal cash generation. This reduces liquidity buffer, increases reliance on external financing, and can pressure the ability to sustain shareholder returns over time.
Cyclicality And Compressed MarginsMarked revenue and margin volatility shows earnings are highly cyclical and sensitive to market rates. Compressed margins and lower ROE (~5% TTM) reduce the buffer against shocks and make long-term planning and capital allocation more challenging during adverse shipping cycles.
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$0.96 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$31.51B.
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 81 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
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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., together with its subsidiaries, provides vessel chartering and container leasing services. It operates through Shipping and Industry-Related Leasing, Container Manufacturing, and Investment and Financial Services segments. The company manufactures and sells containers; and offers operating leasing, equity or debt investment, and insurance brokerage, as well as financial leasing services in the areas of health care, education, energy, construction, and industrial communication. As of December 31, 2021, it had 74 container ships. The company was formerly known as China Shipping Container Lines Company Limited and changed its name to COSCO SHIPPING Development Co., Ltd. in December 2016. COSCO SHIPPING Development Co., Ltd. was founded in 1997 and is headquartered in Shanghai, the People's Republic of China.
Technical Analysis
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Options Prices
Currently, No data available
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