- Cosco Energy’s preliminary full-year net income for 2024 was reported at 3.96 billion yuan.
- This figure missed analyst estimates, which were set at 4.46 billion yuan.
- Despite missing estimates, the company’s net income for 2024 saw an increase of approximately 17.2% from the previous year.
- Investor sentiment remains positive with 10 buy ratings, 1 hold rating, and no sell ratings for Cosco Energy.
Cosco Shipping Energy Transportation Co. Ltd. (H) on Smartkarma
Analyst coverage of Cosco Shipping Energy Transportation Co. Ltd. (H) on Smartkarma reveals positive sentiments. Analyst Travis Lundy‘s report, “A/H Premium Tracker,” notes stable AH premia levels and market movements influenced by policy and tariff discussions. On the other hand, analyst Osbert Tang, CFA, in the report “COSCO Shipping Energy (1138 HK): Better Safety Margin Now,” highlights the company’s improved risk-reward profile with a P/B ratio of 0.8x and potential profit growth in Q3 2024 due to VLCC rates. Additionally, analyst Rikki Malik discusses the potential for gains with the seasonal upswing in crude oil tanker rates and senior management’s option scheme approval in the report “Cosco Shipping Energy Transportation – Capitulation in Oil and Related Equities Almost Complete?” suggesting a positive outlook for the company.
A look at Cosco Shipping Energy Transportation Co. Ltd. (H) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Cosco Shipping Energy Transportation Co. Ltd. (H) demonstrates a positive long-term outlook. With a high Value and Dividend score of 5 each, the company is seen as offering strong value to investors and maintaining consistent dividends. Its Growth score of 4 indicates promising potential for expansion and development in the future. However, the company ranks lower in terms of Resilience and Momentum, with scores of 2 each, suggesting some challenges in these areas that may impact its performance.
Cosco Shipping Energy Transportation Co. Ltd. (H) is a company that specializes in providing marine shipping services, focusing on transporting refined oil, crude oil, and various other products such as iron ores, dry bulks, and coal. With a notable emphasis on value and dividends, the company aims to provide stable returns to shareholders while also seeking opportunities for growth and expansion in its industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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