03877 CSSC SHIPPING
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CSSC SHIPPING News
CSSC (Hong Kong) Shipping Company Limited's (HKG:3877) Low P/E No Reason For Excitement
With a price-to-earnings (or "P/E") ratio of 4.5x CSSC (Hong Kong) Shipping Company Limited (HKG:3877) may be sending very bullish signals at the moment, given that almost half of all companies in Hon
中國船舶租賃：年報 2023
Hong Kong Stock Concept Tracking | Shipbuilding industry with full orders, institutions are optimistic about the profit elasticity of Chinese shipyards in the new shipbuilding cycle (with concept stocks)
Continued new orders and extended order schedules are footnotes to the current “boom” situation in the domestic shipbuilding industry.
China Ship Leasing (3877.HK): Only players with the ability to know how can get through the cycle
For investors, judging the inflection point of the cycle and understanding the pace of value return is the most important thing. As one of the typical cyclical industries, the shipping industry is currently showing a recovery trend. According to the China Shipping Sentiment Report issued by the Shanghai International Shipping Research Center. In the fourth quarter of 2023, China's shipping sentiment index was 109.97 points, up 15.19 points from the previous month, crossing the boom dividing line and rising to the micro boom range. Meanwhile, China's shipping confidence index increased by 21.9 points to 97.64 points. (Source: Shanghai International Shipping Research Center) With the advent of the dawn of shipping recovery, related products
China Ship Leasing plans to provide a guarantee of up to 73.1 million US dollars for Jinma Steamship
China Ship Leasing (03877) issued an announcement. On April 2, 2024, the company (as the guarantor) entered into a guarantee with the owner as the beneficiary, and the company irrevocably and unconditionally agreed to provide a guarantee of up to US$73.1 million for the lessee (Jinma Steamship) to perform its obligations, duties and responsibilities under or in connection with the lease on time.
China Ship Leasing (03877) plans to provide a guarantee of up to 73.1 million US dollars for Jinma Steamship
China Ship Leasing (03877) issued an announcement. On April 2, 2024, the company (as a guarantor) will own...
Research Nuggets丨Cathay Pacific Junan: China's ship leasing profits have been growing steadily in 23 years, maintaining the “gain” rating
According to the Guotai Junan Research Report, maintaining the “plus” rating of China Ship Leasing (3877.HK), profits grew steadily in 2023, which is basically in line with expectations. The net profit forecast for 2024-25 is HK$2,22.4 billion, with an additional forecast of HK$2.6 billion for 2026, with a target price of HK$2.06 billion, maintaining the “increase” rating. Considering that the capacity utilization rate of the refined oil transportation market has exceeded the threshold, the future boom will rise and continue or exceed expectations. The company will fully benefit from the rise in refined oil transportation, and the sustainability of profits may exceed expectations. The dividend rate is beginning to rise. Orders may continue to be placed cautiously in the next few years, and the dividend rate is expected to gradually increase.
Cathay Pacific Junan: Maintaining China Ship Leasing (03877) “Gain” Rating Target Price of HK$2.06
Cathay Pacific Junan predicts net profit of HK$2,2002.4 billion for China Ship Leasing (03877) for 2024-25.
China Ship Leasing (03877) issued a letter to shareholders -- grasping certainty in the midst of changes
China Ship Leasing (03877) issued a letter to shareholders.
Understand the 2023 performance of China Ship Leasing (3877.HK) in one picture
On the evening of March 26, China Ship Leasing (3877.HK) announced its 2023 annual results. The company achieved operating income of HK$3,626 billion and net profit of HK$1,912 billion, up 13.0% and 10.2% year-on-year respectively from 2022. As of December 31, 2023, the average return on net assets reached 15.7%, and the average return on assets reached 4.5%. The Group has total assets of HK$45.144 billion and net assets of HK$12.830 billion. The board of directors declared a final dividend of HK9 cents per share. Let's take a look at China's ship leasing in a picture (38
China Shipping Leasing (03877) will pay a final dividend of HK$0.09 per share on July 31
According to the Zhitong Finance App, China Ship Leasing (03877) announced that it will pay a final dividend of HK$0.09 per share for the year ended December 31, 2023 on July 31, 2024.
China Ship Leasing (03877.HK) achieved net profit of HK$1.912 billion in 2023, up 10.2% year-on-year
Gelonghui, March 26, 丨 China Ship Leasing (03877.HK) announced that in 2023, the Group achieved operating income of HK$3,626 billion, up 13.0% year on year; realized net profit of HK$1,912 billion, up 10.2% year on year; ROE was 15.7%, up 0.1% year on year; and ROA was 4.5%, up 0.2% year on year. Achieve the main business goals set out in the company's 14th Five-Year Plan two years ahead of schedule. The Board recommended a final dividend of HK$0.09 per share, along with an interim dividend of HK$0.03 per share to be paid in 2023, and 0.1 per share for the full year
CSSC SHIPPING: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
China Ship Leasing (03877.HK) plans to hold a board meeting on March 26 to consider and approve the annual results
Gelonghui, March 14, 丨 China Ship Leasing (03877.HK) announced that the company will hold a board meeting on March 26, 2024 (Tuesday) to consider and approve the annual results and announcements of the company and its subsidiaries for the year ended 31 December 2023, and to consider payment of a final dividend.
CSSC SHIPPING: DATE OF BOARD MEETING
Cathay Pacific Junan: First grant to China Ship Leasing (03877) “increase in holdings” rating, the dividend rate is expected to increase in the next few years
Guotai Junan said that if China Ship Leasing (03877) increases its dividend rate from 36% to 50% in 2024, the dividend rate will increase to 13%.
CSSC (Hong Kong) Shipping Company Limited (HKG:3877) Surges 6.6%; Public Companies Who Own 75% Shares Profited Along With Institutions
Key Insights Significant control over CSSC (Hong Kong) Shipping by public companies implies that the general public has more power to influence management and governance-related decisions CSSC Offsh
Ministry of Finance: The total profit of state-owned enterprises in 2023 was 4633.28 billion yuan, up 7.4% year-on-year
From January to December, the main efficiency indicators of state-owned and state-owned enterprises across the country continued to grow steadily, and the upward trend was further consolidated.
Earnings Working Against CSSC (Hong Kong) Shipping Company Limited's (HKG:3877) Share Price
CSSC (Hong Kong) Shipping Company Limited's (HKG:3877) price-to-earnings (or "P/E") ratio of 4.9x might make it look like a buy right now compared to the market in Hong Kong, where around half of the companies have P/E ratios above 10x and even P/E's above 19x are quite common.
China's Shipbuilding Sector Output Rises 12% in January-November
Output from China's shipbuilding industry increased 12.3% year over year to 38.1 million deadweight tons in the January-November period, according to data from the country's industry and information technology ministry released Dec. 14.
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