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.
TypePublic
Founded1994
HQHong Kong, HK
Websiteports.coscoshipping.com

Latest Updates

Employees (est.) (Dec 2020)10,315(-1%)
Revenue (FY, 2020)$1 B(-2%)
Share Price (May 2022)$5.4(-1%)
Cybersecurity ratingBMore
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Key People/Management at COSCO SHIPPING Ports

Feng Boming

Feng Boming

Chairman of the Board, Executive Director
Zhang Dayu

Zhang Dayu

Managing Director, Executive Director
Deng Huangjun

Deng Huangjun

Executive Director
Wong Tin Yau

Wong Tin Yau

Executive Director
Lam Yiu Kin

Lam Yiu Kin

Independent Non-Executive Director
Chan Ka Lok

Chan Ka Lok

Independent Non-Executive Director
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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
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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
USDFY, 2018FY, 2019FY, 2020

Revenue

1.0b1.0b1.0b

Cost of goods sold

(581.5m)(586.5m)(590.7m)

Gross profit

447.5m471.2m434.9m
Half Year
USDH1, 2019H1, 2020H1, 2021

Revenue

517.9m452.7m564.9m

Cost of goods sold

(271.7m)(258.4m)(306.2m)

Gross profit

257.5m286.1m276.4m
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

543.0m927.2m1.3b

Accounts Receivable

113.4m89.5m87.8m

Prepaid Expenses

413.0k3.7m5.2m

Inventories

13.8m12.3m14.9m
Half Year
USDH1, 2019H1, 2020H1, 2021

Cash

557.9m1.1b1.2b

Accounts Receivable

145.1m96.4m109.8m

Prepaid Expenses

1.5m3.5m1.7m

Inventories

15.0m14.1m16.1m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

440.0m383.5m408.6m

Depreciation and Amortization

147.1m190.1m200.4m

Inventories

(3.2m)310.0k(2.6m)

Accounts Payable

(8.0m)7.2m19.6m
Half Year
USDH1, 2019H1, 2020H1, 2021
USDFY, 2018

Revenue/Employee

105.6k
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COSCO SHIPPING Ports Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Berths

283288290360357

Ports

3637363636

Throughput (Controlling Stake Terminals) Year-to-Date, TEU

22.51 m5.94 m12.45 m19.01 m25.1 m5.1 m10.5 m16.47 m22.33 m5.37 m11.36 m17.28 m

Throughput Year-to-Date, TEU

117.37 m28.73 m59.76 m92.17 m123.78 m27.48 m57.63 m91.1 m123.82 m30.19 m62.71 m96.43 m
Show all operating metrics

COSCO SHIPPING Ports Acquisitions / Subsidiaries

Company NameDateDeal Size
Chancay TerminalDecember 31, 2019
Nantong Tonghai TerminalDecember 31, 2017
NPH GroupDecember 31, 2017
Wuhan Yangluo TerminalDecember 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
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COSCO SHIPPING Ports Revenue Breakdown

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COSCO SHIPPING Ports revenue breakdown by business segment: 100.0% from CONTAINER TERMINAL AND RELATED BUSINESSES

Human Capital Metrics

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COSCO SHIPPING Ports Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

COSCO SHIPPING Ports Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

COSCO SHIPPING Ports Online and Social Media Presence

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COSCO SHIPPING Ports News and Updates

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…

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.

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…

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…

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.

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.
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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.