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COSCO SHIPPING Development Co (2866) Stock Price & Analysis

1 Followers

2866 Stock Chart & Stats

HK$0.91-HK$0.01(-0.55%)
At close: 4:00 PM GMT+8
HK$0.875HK$0.9HK$0.925HK$0.95Aug 10Aug 24Sep 7Sep 21Oct 5Oct 20Nov 2
Day’s Range
HKD 0.90 - HKD 0.92
52-Week Range
HKD 0.84 - HKD 1.71
Previous Close
HKD 0.91
Volume
N/A
Average Volume (3M)
6.92M
Market Cap
HKD 30.79B
Enterprise Value
HKD 105.56B
Total Cash (Recent Filing)
HKD 18.40B
Total Debt (Recent Filing)
HKD 100.75B
Price to Earnings (P/E)
18.5
Beta
0.70
Next Earnings
Apr 01, 2027 (Est.)
EPS Estimate
N/A
Last Dividend Ex-Date
Sep 23, 2026
Dividend Yield
4.71%

Bulls Say, Bears Say

Bulls Say

Revenue Rebound

The 25.2% TTM revenue rebound shows that demand and business activity have recovered materially from the prior period. A larger revenue base can support the scale of the leasing portfolio and related financial services, although maintaining this improvement remains important.

Core Profitability

The company remains profitable at both the operating and net-income levels, demonstrating that its leasing and shipping-related financial services generate positive earnings. Continued operating profitability provides an earnings foundation even though margins are below earlier-cycle peaks.

Positive Operating Cash Flow

Positive TTM operating cash flow of approximately 5.8B indicates that the underlying business is generating cash from operations. This supports ongoing funding of activities and demonstrates operating cash production, even though investment outflows currently absorb more than the inflow.

Bears Say

High Leverage

Debt-to-equity of approximately 3.23x leaves the company with limited balance-sheet flexibility and increases sensitivity to refinancing and interest-rate conditions. In a cyclical shipping-related industry, elevated leverage can amplify pressure on earnings and capital allocation when business conditions weaken.

Negative Free Cash Flow

Deeply negative TTM free cash flow shows that capital spending and investment outflows are absorbing operating cash. This weakens the company’s ability to reduce debt from internally generated funds and can increase reliance on financing during weaker operating cycles.

Margin Compression

Profitability is materially below the prior-cycle peak, with net margin at about 6.2% and gross margin compressed to roughly 16.9%. Lower margins reduce earnings resilience and leave less room to absorb funding costs or weaker performance across shipping-related markets.

COSCO SHIPPING Development Co News

2866 FAQ

What was COSCO SHIPPING Development Co’s price range in the past 12 months?
COSCO SHIPPING Development Co lowest stock price was HK$0.84 and its highest was HK$1.71 in the past 12 months.
What is COSCO SHIPPING Development Co’s market cap?
COSCO SHIPPING Development Co’s market cap is HK$30.79B.
When is COSCO SHIPPING Development Co’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were COSCO SHIPPING Development Co’s earnings last quarter?
COSCO SHIPPING Development Co released its earnings results on Aug 28, 2026. The company reported HK$0.089 earnings per share for the quarter.
Is COSCO SHIPPING Development Co overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does COSCO SHIPPING Development Co pay dividends?
COSCO SHIPPING Development Co pays a Annually dividend of HK$0.025 which represents an annual dividend yield of 4.71%. See more information on COSCO SHIPPING Development Co dividends here
What is COSCO SHIPPING Development Co’s EPS estimate?
COSCO SHIPPING Development Co’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does COSCO SHIPPING Development Co have?
COSCO SHIPPING Development Co has 3,421,629,000 shares outstanding.
What happened to COSCO SHIPPING Development Co’s price movement after its last earnings report?
COSCO SHIPPING Development Co reported an EPS of HK$0.089 in its last earnings report. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of COSCO SHIPPING Development Co?
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