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Analysis of Cosco Shipping and subsidiaries
14 Mar 2021 (320 views)

Cosco Shipping has 5 entities listed in the Hong Kong Exchange - the holdings company and the subsidiaries for ports, development, energy transport and international.

The financial figures in Yahoo Finance have some missing figures, so I have to calculate them from the raw numbers. (Note - in the process, I may make some mistake due to unfamiliarity).

I present my calculations in the chart below.

I bought shares in Cosco Ship Development (2866.HK) and will be buying shares in Cosco Ship Energy Transport (1138.HK). Both of them have attractive discounts (60% and 56%) on th shares traded in Hong Kong, compared to Shanghai.

Yahoo Finance show the net income for the trailing 12 months to be considerable higher than the figure for 2019, leading to a sharp drop in the PER-F. This makes it attractive for me.

Tan Kin Lian

Note - I am sharing my views and calculations. I am not giving investment advice, nor recommending any investment in the above stocks. You should do you own due diligence or seek investment advice, before you buy any of these stocks.



 


Analysis of Cosco Shipping and subsidiaries
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Cosco Shipping has 5 entities listed in the Hong Kong Exchange - the holdings company and the subsidiaries for ports, development, energy transport and international.

The financial figures in Yahoo Finance have some missing figures, so I have to calculate them from the raw numbers. (Note - in the process, I may make some mistake due to unfamiliarity).

I present my calculations in the chart below.

I bought shares in Cosco Ship Development (2866.HK) and will be buying shares in Cosco Ship Energy Transport (1138.HK). Both of them have attractive discounts (60% and 56%) on th shares traded in Hong Kong, compared to Shanghai.

Yahoo Finance show the net income for the trailing 12 months to be considerable higher than the figure for 2019, leading to a sharp drop in the PER-F. This makes it attractive for me.

Tan Kin Lian

Note - I am sharing my views and calculations. I am not giving investment advice, nor recommending any investment in the above stocks. You should do you own due diligence or seek investment advice, before you buy any of these stocks.