COSCO SHIPPING Ports
OverviewSuggest Edit
COSCO SHIPPING Ports (also known as CSP and 中遠海運港口有限公司, formerly COSCO Pacific Limited) is a ports operator. It is engaged in container terminal operations, container manufacturing and leasing, freight forwarding, and more.
| Type | Public | |
| Founded | 1994 | |
| HQ | Hong Kong, HK | Map |
| Website | ports.coscoshipping.com |
Key People/Management at COSCO SHIPPING Ports
Feng Boming
Chairman of the Board, Executive Director
Zhang Dayu
Managing Director, Executive Director
Deng Huangjun
Executive Director
Wong Tin Yau
Executive Director
Lam Yiu Kin
Independent Non-Executive Director
Chan Ka Lok
Independent Non-Executive Director
COSCO SHIPPING Ports Office Locations
COSCO SHIPPING Ports has offices in Hong Kong, Shanghai and Hamilton
Hong Kong, HK (HQ)
49th Floor, COSCO Tower
183 Queen’s Road Central
Shanghai, HK
42/F, COSCO Tower, 183 Queen's Road Central, Hong Kong / Sales & Marketing Department, 4/F, No.658 Dongdaming Road
Hamilton, BM
Clarendon House 2 Church Street
Shanghai, CN
Audit & Supervision Department, 5/F, No.658 Dongdaming Road
COSCO SHIPPING Ports Financials and Metrics
COSCO SHIPPING Ports Revenue
COSCO SHIPPING Ports's revenue was reported to be $1 b in FY, 2020
| USD | |
|---|---|
Revenue (H1, 2021) | 564.9m |
Gross profit (H1, 2021) | 276.4m |
Net income (H1, 2021) | 197.5m |
EBITDA (H1, 2021) | 388.0m |
EBIT (H1, 2021) | 277.6m |
Market capitalization (6-May-2022) | 18.1b |
Closing stock price (6-May-2022) | 5.4 |
Cash (30-Jun-2021) | 1.2b |
EV | 20.9b |
COSCO SHIPPING Ports's current market capitalization is $18.1 b.
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|
Revenue | 1.0b | 1.0b | 1.0b |
Cost of goods sold | (581.5m) | (586.5m) | (590.7m) |
Gross profit | 447.5m | 471.2m | 434.9m |
Half Year
| USD | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Revenue | 517.9m | 452.7m | 564.9m |
Cost of goods sold | (271.7m) | (258.4m) | (306.2m) |
Gross profit | 257.5m | 286.1m | 276.4m |
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|
Cash | 543.0m | 927.2m | 1.3b |
Accounts Receivable | 113.4m | 89.5m | 87.8m |
Prepaid Expenses | 413.0k | 3.7m | 5.2m |
Inventories | 13.8m | 12.3m | 14.9m |
Half Year
| USD | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Cash | 557.9m | 1.1b | 1.2b |
Accounts Receivable | 145.1m | 96.4m | 109.8m |
Prepaid Expenses | 1.5m | 3.5m | 1.7m |
Inventories | 15.0m | 14.1m | 16.1m |
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|
Net Income | 440.0m | 383.5m | 408.6m |
Depreciation and Amortization | 147.1m | 190.1m | 200.4m |
Inventories | (3.2m) | 310.0k | (2.6m) |
Accounts Payable | (8.0m) | 7.2m | 19.6m |
Half Year
| USD | H1, 2019 | H1, 2020 | H1, 2021 |
|---|
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 105.6k |
COSCO SHIPPING Ports Operating Metrics
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Berths | 283 | 288 | 290 | 360 | 357 | |||||||
Ports | 36 | 37 | 36 | 36 | 36 | |||||||
Throughput (Controlling Stake Terminals) Year-to-Date, TEU | 22.51 m | 5.94 m | 12.45 m | 19.01 m | 25.1 m | 5.1 m | 10.5 m | 16.47 m | 22.33 m | 5.37 m | 11.36 m | 17.28 m |
Throughput Year-to-Date, TEU | 117.37 m | 28.73 m | 59.76 m | 92.17 m | 123.78 m | 27.48 m | 57.63 m | 91.1 m | 123.82 m | 30.19 m | 62.71 m | 96.43 m |
COSCO SHIPPING Ports Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Chancay Terminal | December 31, 2019 | |
| Nantong Tonghai Terminal | December 31, 2017 | |
| NPH Group | December 31, 2017 | |
| Wuhan Yangluo Terminal | December 31, 2017 | |
| Cheer Dragon Investment Limited | ||
| China Shipping Terminal Development Co., Limited | ||
| COSCO Pacific Limited | ||
| COSCO Ports (Nanjing) Limited | ||
| COSCO Ports (Nansha) Limited | ||
| COSCO Ports (Yangzhou) Limited |
COSCO SHIPPING Ports Revenue Breakdown
COSCO SHIPPING Ports revenue breakdown by business segment: 100.0% from CONTAINER TERMINAL AND RELATED BUSINESSES
COSCO SHIPPING Ports Cybersecurity Score
COSCO SHIPPING Ports Environment, Social & Governance (ESG) Ratings
COSCO SHIPPING Ports Online and Social Media Presence
COSCO SHIPPING Ports's Trends
COSCO SHIPPING Ports News and Updates
November 25, 2021
COSCO SHIPPING Ports Signed the TCT Joint Venture Agreement and the Articles of Association of TCT
COSCO SHIPPING Ports Limited (“COSCO SHIPPING
Ports” or the “Company”; SEHK:1199), the world’s leading ports operator, is pleased to
announce that, pursuant to the TCT Equity Transfer Agreement, COSCO SHIPPING Ports
(Tianjin) Limited and China Shipping Terminal Development Co., Limited (each bein…
November 19, 2021
Cosco Shipping takes $157m stake in logistics provider Shunfeng
Cosco Shipping has subscribed RMB1bn ($157m) shares of China express and logistics service provider, Shunfeng, via its investment unit Cosco Shipping Investment Holdings, a move to deepen cooperation between the two parties.
November 15, 2021
COSCO SHIPPING Ports (HKG:1199) Seems To Be Using A Lot Of Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' When we think about how risky a company is, we always like to l…
November 12, 2021
Announcement Continuing Connected Transactions
Reference is made to the announcement of COSCO SHIPPING Ports Limited (the “Company”) dated 29 October 2021 (the “Announcement”) regarding, amongst others, the continuing connected transactions contemplated under the GZ Port Company Container Terminal Services Master Agreement and the GZ Port Holdin…
October 29, 2021
COSCO SHIPPING Ports Announces 2021 Third Quarter Results
COSCO SHIPPING Ports Limited (“COSCO SHIPPING Ports” or “CSP” or
the “Company”, SEHK: 1199), the world’s leading ports operator, today announced the third quarter
results of the Company and its subsidiaries (the “Group”) for the 3 months and the 9 months ended 30
September 2021.
October 22, 2021
Cosco sells stake in Euromax Terminal to investment arm
Cosco Shipping Ports has sold a minority stake in Euromax Terminal to Navigator Investco, to the investment platform for the company and Silk Road Fund.
COSCO SHIPPING Ports Frequently Asked Questions
When was COSCO SHIPPING Ports founded?
COSCO SHIPPING Ports was founded in 1994.
Who are COSCO SHIPPING Ports key executives?
COSCO SHIPPING Ports's key executives are Feng Boming, Zhang Dayu and Deng Huangjun.
How many employees does COSCO SHIPPING Ports have?
COSCO SHIPPING Ports has 10,315 employees.
What is COSCO SHIPPING Ports revenue?
Latest COSCO SHIPPING Ports annual revenue is $1 b.
What is COSCO SHIPPING Ports revenue per employee?
Latest COSCO SHIPPING Ports revenue per employee is $97 k.
Who are COSCO SHIPPING Ports competitors?
Competitors of COSCO SHIPPING Ports include Qingdao CIMC Reefer Container Manufacture, China Merchants Port and Hutchison Ports.
Where is COSCO SHIPPING Ports headquarters?
COSCO SHIPPING Ports headquarters is located at 49th Floor, COSCO Tower 183 Queen’s Road Central, Hong Kong.
Where are COSCO SHIPPING Ports offices?
COSCO SHIPPING Ports has offices in Hong Kong, Shanghai and Hamilton.
How many offices does COSCO SHIPPING Ports have?
COSCO SHIPPING Ports has 4 offices.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies