Cosco Shipping International (Hongkong) Co Stock

Cosco Shipping International (Hongkong) Co P/E 2024

Cosco Shipping International (Hongkong) Co P/E

7.9

Ticker

517.HK

ISIN

BMG8114Z1014

WKN

912235

As of Dec 12, 2024, Cosco Shipping International (Hongkong) Co's P/E ratio was 7.9, a 20.24% change from the 6.57 P/E ratio recorded in the previous year.

The Cosco Shipping International (Hongkong) Co P/E history

Cosco Shipping International (Hongkong) Co Aktienanalyse

What does Cosco Shipping International (Hongkong) Co do?

Cosco Shipping International (Hongkong) Co Ltd is a Chinese company that was formed in 2005 through the merger of Cosco Pacific and China Shipping Group. It is a globally operating company specializing in the transportation of cargo by sea. Cosco is one of the largest shipping companies in the world and is headquartered in China. Cosco's history began in 1961 when China Ocean Shipping Company (COSCO) was established as the first shipping company. Later, Cosco focused its business strategy on export ports and became a major player in the Chinese maritime freight industry. In 1997, Cosco went public on the Hong Kong Stock Exchange and became known as "Cosco Pacific." In 2016, Cosco Pacific and China Shipping Group merged to form Cosco Shipping International (Hongkong) Co Ltd. Cosco's business model is primarily focused on sea transportation and covers a wide range of areas. The company offers container transport, bulk cargo, liquid goods, general cargo, and many other services. Cosco operates its ships in a network of ports and has branches in many countries around the world. Cosco has various divisions tailored to the specific needs of its customers. These include container transport, logistics services, ship sales and leasing, terminal management, tanker and bulk carrier transport, and shipbuilding. Cosco has a fleet of around 400 ships and is one of the very few shipping companies that offers the full spectrum of ship and warehouse transportation services. Additionally, the company has recently invested in other areas such as renewable energy, logistics investment banks, and shipping agents. Cosco offers various products focused on sea transportation. These include containers that can be used to transport goods of all kinds. Cosco's containers are available in different sizes and shapes and can be customized according to needs. The cargo capacity ranges from 10 to 45 feet. Furthermore, the company also provides services that cover the transportation of bulk cargo, general cargo, liquid goods, and other high-value products. Overall, Cosco Shipping International (Hongkong) Co Ltd offers a comprehensive range of maritime freight services and has established itself as one of the leading players in the maritime freight industry. The company is committed to providing high-quality services and products and strives to offer optimal service to its customers. Cosco has a strong presence in the maritime freight industry and is expected to continue growing in the future. Cosco Shipping International (Hongkong) Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Cosco Shipping International (Hongkong) Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Cosco Shipping International (Hongkong) Co is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Cosco Shipping International (Hongkong) Co's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Cosco Shipping International (Hongkong) Co is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Cosco Shipping International (Hongkong) Co’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Cosco Shipping International (Hongkong) Co stock

What is the price-to-earnings ratio of Cosco Shipping International (Hongkong) Co?

The price-earnings ratio of Cosco Shipping International (Hongkong) Co is currently 7.9.

How has the price-earnings ratio of Cosco Shipping International (Hongkong) Co changed compared to last year?

The price-to-earnings ratio of Cosco Shipping International (Hongkong) Co has increased by 20.24% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Cosco Shipping International (Hongkong) Co high compared to other companies?

Yes, the price-to-earnings ratio of Cosco Shipping International (Hongkong) Co is high compared to other companies.

How does an increase in the price-earnings ratio of Cosco Shipping International (Hongkong) Co affect the company?

An increase in the price-earnings ratio of Cosco Shipping International (Hongkong) Co would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Cosco Shipping International (Hongkong) Co affect the company?

A decrease in the price-earnings ratio of Cosco Shipping International (Hongkong) Co would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Cosco Shipping International (Hongkong) Co?

Some factors that influence the price-earnings ratio of Cosco Shipping International (Hongkong) Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Cosco Shipping International (Hongkong) Co pay?

Over the past 12 months, Cosco Shipping International (Hongkong) Co paid a dividend of 0.57 HKD . This corresponds to a dividend yield of about 13.42 %. For the coming 12 months, Cosco Shipping International (Hongkong) Co is expected to pay a dividend of 0.57 HKD.

What is the dividend yield of Cosco Shipping International (Hongkong) Co?

The current dividend yield of Cosco Shipping International (Hongkong) Co is 13.42 %.

When does Cosco Shipping International (Hongkong) Co pay dividends?

Cosco Shipping International (Hongkong) Co pays a quarterly dividend. This is distributed in the months of July, July, October, October.

How secure is the dividend of Cosco Shipping International (Hongkong) Co?

Cosco Shipping International (Hongkong) Co paid dividends every year for the past 22 years.

What is the dividend of Cosco Shipping International (Hongkong) Co?

For the upcoming 12 months, dividends amounting to 0.57 HKD are expected. This corresponds to a dividend yield of 13.43 %.

In which sector is Cosco Shipping International (Hongkong) Co located?

Cosco Shipping International (Hongkong) Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Cosco Shipping International (Hongkong) Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cosco Shipping International (Hongkong) Co from 9/25/2024 amounting to 0.03 HKD, you needed to have the stock in your portfolio before the ex-date on 9/9/2024.

When did Cosco Shipping International (Hongkong) Co pay the last dividend?

The last dividend was paid out on 9/25/2024.

What was the dividend of Cosco Shipping International (Hongkong) Co in the year 2023?

In the year 2023, Cosco Shipping International (Hongkong) Co distributed 0.2 HKD as dividends.

In which currency does Cosco Shipping International (Hongkong) Co pay out the dividend?

The dividends of Cosco Shipping International (Hongkong) Co are distributed in HKD.

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Andere Kennzahlen von Cosco Shipping International (Hongkong) Co

Our stock analysis for Cosco Shipping International (Hongkong) Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cosco Shipping International (Hongkong) Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.