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CSSC (Hong Kong) Shipping Company Limited
(3877)
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Rating:69Neutral
Price Target:
HK$2.50
â–²(1.63% Upside)
Action:Downgraded
Date:08/06/26
The score is driven primarily by strong profitability and an attractive valuation (low P/E and high dividend yield). Offsetting these positives are elevated leverage and a history of uneven cash-flow generation, while technical indicators are broadly neutral and do not materially strengthen or weaken the outlook.
Positive Factors
Strong and sustained profitability
Consistently high gross and net margins indicate strong earnings power within the shipping and maritime-services business. If maintained, this profitability can support reinvestment, absorb operating volatility, and provide resilience against changes in freight rates, utilization, and vessel costs over the coming quarters.
Negative Factors
Meaningfully elevated leverage
Debt materially above equity leaves the company more exposed to refinancing conditions and interest-rate sensitivity than a conservatively financed operator. Although leverage has improved from earlier highs and equity has grown, elevated obligations can constrain investment and reduce resilience if shipping conditions weaken.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong and sustained profitability
Consistently high gross and net margins indicate strong earnings power within the shipping and maritime-services business. If maintained, this profitability can support reinvestment, absorb operating volatility, and provide resilience against changes in freight rates, utilization, and vessel costs over the coming quarters.
Read all positive factors
CSSC (Hong Kong) Shipping Company Limited (3877) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$14.67B
Dividend Yield6.72%
Average Volume (3M)9.05M
Price to Earnings (P/E)7.4
Beta (1Y)0.42
Revenue Growth-3.09%
EPS Growth3.81%
CountryHK
Employees77
SectorIndustrials
Sector Strength72
IndustryMarine Shipping
Share Statistics
EPS (TTM)0.32
Shares Outstanding6,204,645,000
10 Day Avg. Volume12,693,214
30 Day Avg. Volume9,046,638
Financial Highlights & Ratios
PEG Ratio-0.59
Price to Book (P/B)0.87
Price to Sales (P/S)3.19
P/FCF Ratio3.09
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$2.82Price Target Upside14.63% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.32
Revenue Forecast (FY)HK$4.13B
CSSC (Hong Kong) Shipping Company Limited Business Overview & Revenue Model
Company Description
CSSC (Hong Kong) Shipping Company Limited operates as a shipyard-affiliated leasing company in People Republic of China, Asia, the United States, and Europe. It operates through Leasing Services, Shipbroking Services, and Loan Borrowings segments....
How the Company Makes Money
The company primarily makes money by earning revenue from providing ocean transportation and vessel-related services. Key revenue streams generally include: (1) Freight/transportation income: payments from customers for moving cargo by sea under s...
CSSC (Hong Kong) Shipping Company Limited Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
56
Neutral
Cash Flow
48
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.19B | 4.08B | 2.89B | 3.63B | 3.36B | 2.52B |
| Gross Profit | 2.35B | 2.37B | 2.89B | 3.32B | 2.58B | 1.95B |
| EBITDA | 3.81B | 3.68B | 3.26B | 3.54B | 2.68B | 2.19B |
| Net Income | 1.96B | 1.85B | 2.11B | 1.90B | 1.68B | 1.35B |
Balance Sheet | ||||||
| Total Assets | 43.05B | 43.19B | 43.92B | 45.14B | 40.52B | 40.88B |
| Cash, Cash Equivalents and Short-Term Investments | 3.39B | 3.80B | 3.59B | 1.14B | 1.39B | 1.99B |
| Total Debt | 25.32B | 26.78B | 27.94B | 31.36B | 27.82B | 29.84B |
| Total Liabilities | 27.15B | 28.06B | 29.62B | 32.31B | 28.88B | 30.78B |
| Stockholders Equity | 15.72B | 15.01B | 14.18B | 12.71B | 11.51B | 10.02B |
Cash Flow | ||||||
| Free Cash Flow | 4.56B | 4.21B | 5.73B | -3.08B | 1.86B | -10.37B |
| Operating Cash Flow | 4.80B | 4.44B | 6.77B | -452.17M | 3.85B | -5.01B |
| Investing Cash Flow | -311.04M | 285.09M | -1.58B | -2.53B | -1.48B | -4.49B |
| Financing Cash Flow | -2.44B | -2.76B | -4.33B | 2.73B | -2.61B | 8.73B |
CSSC (Hong Kong) Shipping Company Limited Technical Analysis
Positive
2.46
Price Trends
2.21
Positive
2.27
Positive
2.22
Positive
Market Momentum
0.04
Negative
66.57
Neutral
77.41
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3877, the sentiment is Positive. The current price of 2.46 is above the 20-day moving average (MA) of 2.26, above the 50-day MA of 2.21, and above the 200-day MA of 2.22, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 66.57 is Neutral, neither overbought nor oversold. The STOCH value of 77.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3877.
CSSC (Hong Kong) Shipping Company Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$51.70B | 8.26 | 11.56% | 5.09% | -1.72% | -0.06% | |
69 Neutral | HK$14.67B | 7.44 | 12.77% | 6.72% | -3.09% | 3.81% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
50 Neutral | HK$2.82B | 7.47 | 8.31% | 8.57% | -1.71% | 38.16% |
* Industrials Sector Average
HK:3877
CSSC (Hong Kong) Shipping Company Limited
2.38
0.60
34.01%
HK:2588
BOC Aviation
74.45
6.42
9.44%
HK:1848
China Aircraft Leasing Group Holdings
3.74
-0.76
-16.83%
CSSC (Hong Kong) Shipping Company Limited Corporate Events
CSSC (Hong Kong) Shipping to Spend CNH3.2 Billion on Ten Connected-Party Vessels
Sep 1, 2026
CSSC (Hong Kong) Shipping Company Limited has agreed to purchase ten new vessels from group subsidiaries Chengxi Shipyard and CSTC under shipbuilding contracts worth a total of CNH3.235 billion, subject to shareholder approval. The deals, involvin...
CSSC (Hong Kong) Shipping Delivers Higher Interim Profit on Stable Asset Base
Aug 24, 2026
CSSC (Hong Kong) Shipping Company Limited operates in the maritime leasing and shipping finance sector, providing vessel leasing and related financial services to a broad base of shipping clients. With a sizable asset base and equity position, the...
CSSC (Hong Kong) Shipping Declares Interim Dividend With RMB Option
Aug 24, 2026
CSSC (Hong Kong) Shipping Company Limited, a Hong Kong-listed provider of shipping finance and vessel leasing services, operates within the maritime transportation and infrastructure sector. The company serves regional and international shipping o...
CSSC (Hong Kong) Shipping Names New CEO as Chairman Steps Back from Executive Role
Aug 24, 2026
CSSC (Hong Kong) Shipping Company Limited has announced a leadership reshuffle, with chief executive officer Li Hongtao stepping down from the CEO role effective 24 August 2026 to focus on other business commitments, while retaining his positions ...
CSSC (Hong Kong) Shipping Sets August Board Meeting to Approve Interim Results and Dividend
Aug 12, 2026
CSSC (Hong Kong) Shipping Company Limited has scheduled a board meeting for 24 August 2026 to review and approve the interim results for the six months ended 30 June 2026. The board will also consider the declaration of an interim dividend, a deci...
CSSC (Hong Kong) Shipping Updates Final Dividend Terms for 2025
Jul 9, 2026
CSSC (Hong Kong) Shipping Company Limited has updated its announcement on the final cash dividend for the financial year ended 31 December 2025, confirming a payout of HKD 0.05 per share, with shareholders able to receive the dividend in either Ho...
CSSC (Hong Kong) Shipping Strikes US$141.7 Million Vessel Sale-and-Leaseback Deal
Jun 30, 2026
CSSC (Hong Kong) Shipping said its wholly owned special purpose vehicle Fortune VLAC I entered into a memorandum of agreement and bareboat charter on 30 June 2026 with Singapore-based marine transport provider Jal Pari. Under the deal, Fortune VLA...
CSSC (Hong Kong) Shipping Wins Strong Shareholder Backing at AGM
Jun 23, 2026
Shareholders of CSSC (Hong Kong) Shipping Company Limited have approved all resolutions at the company’s annual general meeting held on 23 June 2026, including the adoption of audited financial statements for the year ended 31 December 2025 ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.