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1 Comment
COSCO SHIPPING Development Co., Ltd is currently in a long term uptrend where the price is trading 40.6% above its 200 day moving average.
From a valuation standpoint, the stock is 62.5% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.9.
COSCO SHIPPING Development Co., Ltd's total revenue rose by 55.6% to $6B since the same quarter in the previous year.
Its net income has increased by 1.4% to $458M since the same quarter in the previous year.
Finally, its free cash flow fell by 50.5% to $-8B since the same quarter in the previous year.
Based on the above factors, COSCO SHIPPING Development Co., Ltd gets an overall score of 4/5.
Exchange | SHG |
---|---|
CurrencyCode | CNY |
ISIN | CNE1000008F2 |
Sector | Industrials |
Industry | Aerospace & Defense |
Market Cap | 25B |
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PE Ratio | 19.0 |
Beta | 0.69 |
Target Price | 0.9 |
Dividend Yield | None |
COSCO SHIPPING Development Co., Ltd., together with its subsidiaries, researches, develops, manufactures, and sells containers in the United States, Asia, Hong Kong, Mainland China, Europe, and internationally. It operates through Container Manufacturing Business; Shipping Leasing and Container Leasing Business; and Investment Management Business segments. The company offers dry cargo, refrigerated, and special containers, as well as container houses and after-sales services; integrated shipping, logistics, and industry finance services; and vessel chartering and financial leasing services, including container and dry bulk vessels. It also manages, leases, and trades in containers. In addition, the company offers management, insurance brokerage, trading, property investment, and commercial factoring services. Further, it is involved in investment management services for equity or debt investments. 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.
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