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COSCO SHIPPING Development Co., Ltd is currently in a long term uptrend where the price is trading 43.7% above its 200 day moving average.
From a valuation standpoint, the stock is 94.9% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.8.
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.
CurrencyCode | EUR |
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Exchange | F |
Industry | Marine Shipping |
Sector | Industrials |
ISIN | CNE100000536 |
Dividend Yield | 29.% |
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Target Price | None |
PE Ratio | 2.77 |
Market Cap | 4B |
Beta | 0.94 |
COSCO SHIPPING Development Co., Ltd., together with its subsidiaries, provides vessel chartering and container leasing services. It operates through Shipping and Industry-Related Leasing, Container Manufacturing, and Investment and Financial Services segments. The company manufactures and sells containers; and offers operating leasing, equity or debt investment, and insurance brokerage, as well as financial leasing services in the areas of health care, education, energy, construction, and industrial communication. As of December 31, 2021, it had 74 container ships. 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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