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COSCO SHIPPING Specialized Carriers Co 600428.SS · CNY

Industrials · Shanghai · 🇨🇳 China

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10.62

-0.56%

Close of 9 Nov 2026, in CNY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥23.20bn

FY2016FY2025

Net income

CN¥1.78bn

FY2016FY2025

Free cash flow

CN¥4.74bn

FY2016FY2025

Shareholders' equity

CN¥16.86bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥23.20bnCN¥16.78bnCN¥12.20bnCN¥12.21bnCN¥8.75bnCN¥7.04bnCN¥8.27bnCN¥7.58bnCN¥6.51bnCN¥5.88bn
Gross profitCN¥4.85bnCN¥3.66bnCN¥2.14bnCN¥2.68bnCN¥1.91bnCN¥1.05bnCN¥1.20bnCN¥1.11bnCN¥1.12bnCN¥610.0m
Research and developmentCN¥93.8mCN¥145.9mCN¥98.0mCN¥98.1mCN¥38.9mCN¥22.4mCN¥5.3mCN¥746,792CN¥141,509CN¥141,509
Operating incomeCN¥3.47bnCN¥2.35bnCN¥1.10bnCN¥1.10bnCN¥703.1mCN¥84.2mCN¥307.2mCN¥72.2mCN¥329.7mCN¥319.4m
Net incomeCN¥1.78bnCN¥1.53bnCN¥1.06bnCN¥821.3mCN¥300.3mCN¥125.5mCN¥100.9mCN¥86.1mCN¥237.6mCN¥50.3m
Diluted earnings per share0.650.710.500.380.140.060.050.040.110.02

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥43.88bnCN¥34.93bnCN¥27.57bnCN¥25.23bnCN¥22.93bnCN¥21.58bnCN¥22.25bnCN¥21.67bnCN¥21.25bnCN¥21.29bn
Cash and short-term investmentsCN¥7.38bnCN¥2.88bnCN¥1.48bnCN¥997.1mCN¥1.91bnCN¥1.51bnCN¥902.2mCN¥1.08bnCN¥1.44bnCN¥1.39bn
Total liabilitiesCN¥25.23bnCN¥21.14bnCN¥15.98bnCN¥14.52bnCN¥13.28bnCN¥12.01bnCN¥12.59bnCN¥12.08bnCN¥11.74bnCN¥11.87bn
DebtCN¥18.52bnCN¥11.20bnCN¥10.81bnCN¥9.63bnCN¥8.86bnCN¥7.85bnCN¥7.99bnCN¥8.02bnCN¥7.64bnCN¥7.59bn
Shareholders' equityCN¥16.86bnCN¥12.58bnCN¥11.54bnCN¥10.69bnCN¥9.63bnCN¥9.54bnCN¥9.64bnCN¥9.58bnCN¥9.50bnCN¥9.37bn
Shares outstanding2,744m2,147m2,147m2,147m2,149m2,183m2,156m2,178m2,129m2,056m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥6.40bnCN¥3.62bnCN¥2.97bnCN¥2.37bnCN¥1.69bnCN¥1.30bnCN¥1.26bnCN¥895.2mCN¥1.43bnCN¥639.0m
Capital spending−CN¥1.66bn−CN¥636.2m−CN¥2.01bn−CN¥863.9m−CN¥842.3m−CN¥436.2m−CN¥1.24bn−CN¥1.10bn−CN¥1.47bn−CN¥2.94bn
Free cash flowCN¥4.74bnCN¥2.98bnCN¥952.5mCN¥1.51bnCN¥843.3mCN¥868.4mCN¥26.0m−CN¥205.7m−CN¥43.5m−CN¥2.30bn
Dividends paid−CN¥765.6m−CN¥759.4m−CN¥343.5m−CN¥309.5m−CN¥218.0m−CN¥269.2m−CN¥331.9m−CN¥335.7m−CN¥246.6m−CN¥204.4m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥7.90bnCN¥6.55bnCN¥6.60bnCN¥5.84bnCN¥5.58bnCN¥5.20bnCN¥4.74bnCN¥4.56bn
Gross profitCN¥2.07bnCN¥1.27bnCN¥1.34bnCN¥1.36bnCN¥1.20bnCN¥1.01bnCN¥1.17bnCN¥1.10bn
Operating incomeCN¥1.65bnCN¥884.7mCN¥842.8mCN¥911.8mCN¥796.2mCN¥671.5mCN¥485.8mCN¥775.2m
Net incomeCN¥965.5mCN¥405.9mCN¥451.0mCN¥504.0mCN¥479.6mCN¥345.3mCN¥328.4mCN¥472.7m
Diluted earnings per share0.350.150.160.180.170.130.150.22
Cash from operations——CN¥2.07bnCN¥1.65bnCN¥1.61bnCN¥1.02bnCN¥1.29bnCN¥1.14bn
Capital spending−CN¥100.0m−CN¥886.0m−CN¥541.0m−CN¥263.0m−CN¥736.0m−CN¥119.0m−CN¥453.0m−CN¥21.0m
Free cash flow——CN¥1.53bnCN¥1.39bnCN¥872.0mCN¥900.0mCN¥835.0mCN¥1.12bn
Total assetsCN¥45.56bnCN¥44.87bnCN¥43.88bnCN¥42.88bnCN¥41.81bnCN¥40.18bnCN¥34.93bnCN¥32.96bn
Cash and short-term investments——CN¥7.38bnCN¥5.91bnCN¥6.01bnCN¥6.22bnCN¥2.88bnCN¥2.22bn
DebtCN¥3.40bnCN¥2.73bnCN¥9.11bnCN¥4.75bnCN¥5.33bnCN¥3.95bnCN¥3.99bnCN¥4.10bn
Shareholders' equityCN¥17.01bnCN¥17.10bnCN¥16.86bnCN¥16.52bnCN¥16.17bnCN¥16.41bnCN¥12.58bnCN¥12.13bn

Financial ratios

Data as of 25 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin20.9%21.8%17.5%21.9%21.9%15.0%
Operating margin15.0%14.0%9.0%9.0%8.0%1.2%
Net margin7.7%9.1%8.7%6.7%3.4%1.8%
Return on equity10.6%12.2%9.2%7.7%3.1%1.3%
Return on assets4.1%4.4%3.9%3.3%1.3%0.6%
Free cash flow yield26.6%17.9%21.0%13.6%10.6%7.2%
Revenue growth38.3%37.6%-0.1%39.5%24.3%-14.8%
Earnings growth16.3%43.8%29.6%173.5%139.4%24.3%
Current ratio1.09x0.84x0.85x0.71x0.78x0.76x
Debt to equity0.54x0.32x0.65x0.67x0.78x0.73x
Equity ratio38.4%36.0%41.9%42.3%42.0%44.2%
Interest coverage5.21x4.45x2.81x3.53x2.75x0.27x
R&D as a share of sales0.4%0.9%0.8%0.8%0.4%0.3%
Buybacks as a share of market value-27.8%0.0%0.0%0.1%1.5%-1.2%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue23.9%26.9%13.0%
Operating income46.9%110.4%30.6%
Net income29.4%70.0%28.4%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin21.3%20.7%20.3%18.2%
Operating margin14.6%12.5%11.0%8.7%
Net margin8.3%8.1%7.0%5.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings10.910.210.815.636.179.279.982.350.3250.3
Price to sales0.80.90.91.11.21.41.00.91.82.1

Dividends and splits

Per share, in the currency the company pays

Paid for 5 years. Last went ex-dividend on 30 Jul 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2018FY2016
Paid in the year0.3250.2790.2480.160.050.020.020.01
  • 2-for-1 split · 23 Sept 2008
  • 1-to-1 reverse split · 9 Dec 2005
  • 7-for-5 split · 16 May 2005
  • 13-for-10 split · 14 Jul 2004

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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