COSCO SHIPPING Development Co AI Stock Analysis
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COSCO SHIPPING Development Co (2866) AI Stock Analysis
COSCO SHIPPING Development Co
(HKEX:2866)
The score is primarily constrained by weak financial performance, especially sharply negative free cash flow, rising leverage, and low returns on equity. Moderate technical momentum and a supportive dividend yield partially offset these risks, but do not outweigh the balance-sheet and cash-flow concerns.
COSCO SHIPPING Development Co (2866) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 3.15B
- Dividend Yield
- 4.93%
- Average Volume (3M)
- 8.29M
- Price to Earnings (P/E)
- 17.6
- Beta (1Y)
- 0.68
- Revenue Growth
- -2.33%
- EPS Growth
- -1.27%
- Country
- Hong Kong
- Employees
- 16,581
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Marine Shipping
COSCO SHIPPING Development Co Business Overview & Revenue Model
Company Description
COSCO SHIPPING Development Co., Ltd., together with its subsidiaries, research, develops, manufactures, and sells containers in the United States, Asia, Hong Kong, Mainland China, Europe, and internationally. It operates through Container Manufacturi...
How the Company Makes Money
The company primarily makes money by providing financial leasing and related financing services, earning (1) lease income from finance leases and operating leases (e.g., periodic rental/lease payments from customers for the use of vessels and other e...
COSCO SHIPPING Development Co Financial Statement Overview
Summary
Profitability and operating cash flow remain positive, but declining revenue quality, compressed margins, sharply higher leverage, low return on equity, and deeply negative free cash flow create substantial financial risk.
Income Statement
48NeutralBalance Sheet
36NegativeCash Flow
22Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 26.48B | 25.20B | 27.63B | 15.69B | 25.63B | 37.17B |
| Gross Profit | 4.57B | 4.83B | 4.82B | 4.83B | 7.27B | 10.85B |
| EBITDA | 7.76B | 8.70B | 8.59B | 7.81B | 9.62B | 11.75B |
| Net Income | 1.73B | 1.61B | 1.69B | 1.41B | 3.92B | 6.09B |
Balance Sheet | ||||||
| Total Assets | 145.49B | 131.59B | 126.37B | 125.93B | 128.15B | 132.62B |
| Cash, Cash Equivalents and Short-Term Investments | 16.64B | 10.28B | 8.74B | 13.69B | 16.20B | 19.09B |
| Total Debt | 87.45B | 66.46B | 72.12B | 76.54B | 93.18B | 91.29B |
| Total Liabilities | 113.67B | 100.36B | 95.76B | 96.65B | 99.25B | 99.93B |
| Stockholders Equity | 31.50B | 30.79B | 30.30B | 29.28B | 28.89B | 32.69B |
Cash Flow | ||||||
| Free Cash Flow | -12.31B | -4.45B | -3.21B | -433.22M | 110.19M | -19.75B |
| Operating Cash Flow | 4.66B | 5.19B | 6.70B | 5.31B | 11.21B | 14.58B |
| Investing Cash Flow | -12.99B | -5.41B | -3.11B | 962.73M | -300.66M | -15.21B |
| Financing Cash Flow | 12.66B | 1.72B | -8.29B | -8.93B | -14.49B | 5.90B |
COSCO SHIPPING Development Co Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2866, the sentiment is Negative. The current price of 0.86 is below the 20-day moving average (MA) of 0.89, below the 50-day MA of 0.89, and below the 200-day MA of 0.97, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 39.18 is Neutral, neither overbought nor oversold. The STOCH value of 7.41 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2866.
COSCO SHIPPING Development Co Peers Comparison
Overall Rating
HK:130878Outperform
HK:191975Outperform
HK:031667Neutral
HK:113861Neutral
HK:234356Neutral- HK:286646Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:1308 | 78Outperform | HKD 114.37B | 11.44 | 47.80% | 7.59% | 5.19% | -3.90% |
| HK:1919 | 75Outperform | HKD 296.36B | 7.57 | 14.59% | 5.92% | -4.84% | -42.70% |
| HK:0316 | 67Neutral | HKD 98.46B | 9.74 | 9.43% | 5.07% | -8.09% | -52.15% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HK:1138 | 61Neutral | HKD 98.04B | 10.02 | 17.99% | 5.11% | 22.00% | 90.42% |
| HK:2343 | 56Neutral | HKD 17.58B | 16.61 | 7.42% | 6.18% | -6.24% | 39.60% |
| HK:2866 | 46Neutral | HKD 29.29B | 17.62 | 5.53% | 4.93% | -2.33% | -1.27% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:2866 | COSCO SHIPPING Development Co Class H | 0.86 | -0.33 | -27.43% | |
| HK:1919 | COSCO SHIPPING Holdings Co Class H | 16.92 | 3.88 | 29.74% | |
| HK:1138 | COSCO SHIPPING Energy Transportation Co Class H | 14.90 | 3.94 | 35.89% | |
| HK:0316 | Orient Overseas (International) | 149.10 | 23.07 | 18.31% | |
| HK:2343 | Pacific Basin Shipping | 3.48 | 0.92 | 35.67% | |
| HK:1308 | SITC International Holdings Co., Ltd. | 42.18 | 14.91 | 54.70% |
COSCO SHIPPING Development Co Corporate Events
COSCO SHIPPING Development Lifts Q3 Profit Amid Softer Revenue and Weaker Cash Flow
COSCO SHIPPING Development reported third-quarter 2026 revenue of RMB 7.23 billion, a slight 1.12% decline from a year earlier, while net profit attributable to shareholders rose 20.48% to RMB 506 million. From the beginning of the year to the end of...
COSCO SHIPPING Development Declares Interim Dividend and Updates Withholding Tax Rules
COSCO SHIPPING Development Co., Ltd. declared an interim ordinary cash dividend of RMB 0.022 per share for the six months ended 30 June 2026, payable in Hong Kong dollars at HKD 0.02542 per share, with an exchange rate of RMB 1 to HKD 1.155655. The e...
COSCO SHIPPING Development Wins Shareholder Backing for Shipbuilding and Bond Plans
COSCO SHIPPING Development Co., Ltd., a PRC-based joint stock company listed in Hong Kong, operates in the shipping and maritime logistics sector with a focus on vessel investment and related shipbuilding contracts. The company’s sizable A share and...
COSCO SHIPPING Development Posts Higher H1 Revenue and Earnings Despite Margin Pressure
COSCO SHIPPING Development Co., Ltd. reported unaudited interim revenue of RMB13.51 billion for the six months ended 30 June 2026, up 11.14% from a year earlier, with profit attributable to owners rising 3.20% to RMB1.00 billion. Basic earnings per s...
COSCO SHIPPING Development Announces 2026 Interim Dividend and Tax Arrangements
COSCO SHIPPING Development Co., Ltd. declared an interim ordinary cash dividend of RMB 0.022 per share for the six months ended 30 June 2026, relating to the financial year ending 31 December 2026. For H shares traded in Hong Kong, the dividend will...
COSCO SHIPPING Development Sets August Board Meeting on Interim Results and Dividend
COSCO SHIPPING Development Co., Ltd. has scheduled a board meeting for 28 August 2026 in Shanghai to review and announce the unaudited interim results for the six months ended 30 June 2026. The board will also consider the payment of an interim divid...
COSCO SHIPPING Development Calls EGM to Approve Shipbuilding Deals and New Bond Issuance
COSCO SHIPPING Development Co., Ltd. is a PRC-incorporated joint stock company listed in Hong Kong, operating within the broader shipping and maritime industry. The company focuses on development-related activities that support COSCO SHIPPING’s fleet...
COSCO SHIPPING Development Sets EGM to Approve Shipbuilding Deals and Bond Issues
COSCO SHIPPING Development Co. will convene an extraordinary general meeting on 31 August 2026 to seek shareholder approval for a series of key initiatives, including 2026 heavy industry shipbuilding contracts, second China State shipbuilding contrac...
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.
Date of analysis: Nov 06, 2026