Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
600428.SS
STRONG BUYFLAGCOSCO SHIPPING Specialized Carriers Co.,Ltd. · Industrials · China · $3.3B · Avg Vol: $122M/d
COSCO SHIPPING Specialized Carriers operates multipurpose and heavy-lift vessels, screening cheap on value (V73) with weak quality (Q53), and consensus has been trimmed 3.7%. Specialised shipping rates are cyclical and the state-group structure limits capital-allocation flexibility. Nothing adverse is known, so the default applies.
COMPANY DESCRIPTION
COSCO SHIPPING Specialized Carriers operates one of the world's largest fleets of specialized vessels, including semi-submersible, multi-purpose, heavy-lift, and car carrier ships. The company specializes in the global transport of oversized cargo, industrial equipment, and vehicles, serving key sectors like offshore oil and gas and wind energy. Its global network, specialized technical expertise, and backing from the state-owned COSCO Group establish it as a dominant player in niche maritime logistics.
FINANCIAL SUMMARY (CNY)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12.2B | 12.2B | 16.8B | 23.2B | 23.9% | 24.4B | 26.4B | 26.7B | 7.3% |
| EPS (CNY) | 0.38 | 0.50 | 0.71 | 0.69 | 21.4% | 0.66 | — | — | — |
| Shares | 2.1B | 2.1B | 2.1B | 2.7B | +27.8% | 2.7B | — | — | — |
| Debt | 9.6B | 10.8B | 15.1B | 18.5B | 24.3% | 18.1B | — | — | — |
| Equity | 10.7B | 11.5B | 12.6B | 16.9B | 16.4% | — | — | — | — |
| Op CF | 2.4B | 2.9B | 3.6B | 6.3B | 38.7% | 7.2B | — | — | — |
| Inv CF | -1.8B | -1.9B | 103.7M | -2.4B | — | — | — | — | — |
| Fin CF | -1.8B | -542.7M | -2.4B | -668.3M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 600428.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 600428.SS | COSCO SHIPPING Specialized Carriers Co.,Ltd.(you) | $3.3B | 91 | STRONG BUY |
| 601000.SS | TangShan Port Group Co.,Ltd | $3.6B | 93 | STRONG BUY |
| 2880.HK | Liaoning Port Co., Ltd. | $2.2B | 92 | STRONG BUY |
| 601326.SS | Qinhuangdao Port Co., Ltd. | $2.6B | 87 | STRONG BUY |
| 6198.HK | Qingdao Port International Co., Ltd. | $5.4B | 95 | STRONG BUY |
| 601083.SS | Shanghai Jinjiang Shipping (Group) Co., Ltd. | $1.9B | 97 | STRONG BUY |
| 600717.SS | Tianjin Port Holdings Co., Ltd. | $1.7B | 87 | STRONG BUY |
| 603162.SS | Fujian Highton Development Co., Ltd. | $1.9B | 74 | BUY |
| 001872.SZ | China Merchants Port Group Co., Ltd. | $7.3B | 72 | BUY |
| 601018.SS | Ningbo Zhoushan Port Company Limited | $9.1B | 71 | BUY |
Peer medians: ROE 5.8% · P/E 31.0x · Gross margin 22.9%