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1 Comment
COSCO SHIPPING Energy Transportation Co., Ltd is currently in a long term downtrend where the price is trading 5.8% below its 200 day moving average.
From a valuation standpoint, the stock is 64.4% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.8.
COSCO SHIPPING Energy Transportation Co., Ltd's total revenue sank by 7.5% to $3B since the same quarter in the previous year.
Its net income has dropped by 529.5% to $-952M since the same quarter in the previous year.
Finally, its free cash flow fell by 111.3% to $-169M since the same quarter in the previous year.
Based on the above factors, COSCO SHIPPING Energy Transportation Co., Ltd gets an overall score of 1/5.
ISIN | CNE000001BD6 |
---|---|
Exchange | SHG |
CurrencyCode | CNY |
Sector | Energy |
Industry | Oil & Gas Midstream |
Market Cap | 43B |
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PE Ratio | 12.05 |
Target Price | 15.74 |
Beta | 0.42 |
Dividend Yield | None |
COSCO SHIPPING Energy Transportation Co., Ltd., an investment holding company, engages in the transportation of oil and liquefied natural gas (LNG) in People's Republic of China and internationally. It also engages in the chartering of vessels; shipment of liquefied petroleum gas; and provision of shipping agency services. As of December 31, 2023, the company owned 156 oil tankers with a total capacity of 23.06 million deadweight tons (DWT); and invested in 83 LNG vessels, which includes 43 LNG vessels with a capacity of 7.2 million cubic meters and 40 LNG vessels with a capacity of 6.96 million cubic meters. The company was formerly known as China Shipping Development Company Limited and changed its name to COSCO SHIPPING Energy Transportation Co., Ltd. in October 2016. COSCO SHIPPING Energy Transportation Co., Ltd. was founded in 1994 and is based in Shanghai, the People's Republic of China.
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