COSCO SHIPPING Energy Transportation Co., Ltd. Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Dec'24

Dec'23

Dec'22

Dec'21

Dec'20

Dec'19

Dec'18

Net Sales

25,081.88

24,921.52

21,590.92

15,239.53

18,280.47

15,558.63

14,331.52

Other Operating Income

0.00

Total Operating income

25,081.88

24,921.52

21,590.92

15,239.53

18,280.47

15,558.63

14,331.52

Raw Material Cost

18,312.63

17,642.39

17,626.90

20,168.20

13,918.69

12,614.85

12,265.15

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

3,973.29

4,109.56

4,368.46

3,847.01

3,045.62

2,880.25

2,550.37

Power Cost

0.00

Manufacturing Expenses

1,526.44

1,624.17

1,155.90

978.10

1,168.33

1,609.74

1,525.24

Selling and Distribution Expenses

1,309.05

1,442.70

1,173.84

1,111.27

968.37

1,053.97

879.00

Other Expenses

-549.97

-573.37

-552.44

-482.51

-421.40

-449.00

-407.56

Total Expenditure (Excl Depreciation)

19,621.68

19,085.09

18,800.74

21,279.47

14,887.05

13,668.81

13,144.14

Operating Profit (PBDIT) excl Other Income

5460.2

5836.4

2790.2

-6039.9

3393.3999999999996

1889.8

1187.3999999999999

Other Income

479.43

858.07

354.35

393.81

-15.54

45.61

223.70

Operating Profit (PBDIT)

9,808.31

10,283.29

6,413.48

-2,233.38

6,753.95

5,193.77

3,994.06

Interest

1,526.44

1,624.17

1,155.90

978.10

1,168.33

1,609.74

1,525.24

Exceptional Items

0.00

-1,089.02

0.00

-0.14

1.53

Gross Profit (PBDT)

6,769.25

7,279.12

3,964.02

-4,928.67

4,361.78

2,943.78

2,066.37

Depreciation

3,868.67

3,588.80

3,268.95

3,412.75

3,376.07

3,258.35

2,582.98

Profit Before Tax

4,413.20

3,981.30

1,988.63

-6,624.23

2,209.55

325.54

-112.63

Tax

928.71

1,208.53

1,121.89

168.49

306.31

374.63

141.73

Provisions and contingencies

0.00

Profit After Tax

4,378.19

3,734.01

1,698.80

-6,008.44

2,675.98

469.28

88.45

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

4,378.19

3,734.01

1,698.80

-6,008.44

2,675.98

469.28

88.45

Share in Profit of Associates

0.00

Minority Interest

377.79

351.38

380.53

383.59

280.96

292.26

259.07

Other related items

0.00

Consolidated Net Profit

4,755.98

4,085.39

2,079.33

-5,624.85

2,956.94

761.54

347.53

Equity Capital

0.00

Face Value

1.06

1.1

1.12

1.22

1.19

1.12

1.14

Reserves

38,170.00

38,715.10

35,445.65

34,974.44

41,049.03

31,460.20

32,148.52

Earnings per share (EPS)

0.92

0.78

0.36

-1.26

0.58

0.12

0.02

Diluted Earnings per share

0.92

0.78

0.36

-1.26

0.58

0.12

0.02

Operating Profit Margin (Excl OI)

21.77%

23.42%

12.92%

-39.63%

18.56%

12.15%

8.29%

Gross Profit Margin

33.02%

30.38%

24.35%

-21.07%

30.56%

23.03%

17.24%

PAT Margin

17.46%

14.98%

7.87%

-39.43%

14.64%

3.02%

0.62%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2024 is 0.64% vs 15.43% in Dec 2023

Consolidate Net Profit

YoY Growth in year ended Dec 2024 is 16.41% vs 96.48% in Dec 2023

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2024 is -1.02% vs 55.55% in Dec 2023

Interest

YoY Growth in year ended Dec 2024 is -6.02% vs 40.51% in Dec 2023

Operating Profit Margin (Excl OI)

YoY Growth in year ended Dec 2024 has fallen from Dec 2023

Compare Annual Results Of COSCO SHIPPING Energy Transportation Co., Ltd. With

Select Peers

Figures in Million

Consolidate Annual Results

Change(HKD)

Change(%)

Net Sales

25,081.88

20,143.75

4,938.13

24.51%

Other Operating Income

0.00

Total Operating income

25,081.88

20,143.75

4,938.13

24.51%

Raw Material Cost

18,312.63

19,148.23

-835.60

-4.36%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

3,973.29

1,456.74

2,516.55

172.75%

Power Cost

0.00

Manufacturing Expenses

1,526.44

206.09

1,320.35

640.67%

Selling and Distribution Expenses

1,309.05

6.20

1,302.85

21,013.71%

Other Expenses

-549.97

-166.28

-383.69

-230.75%

Total Expenditure (Excl Depreciation)

19,621.68

19,154.43

467.25

2.44%

Operating Profit (PBDIT) excl Other Income

5,460.20

989.32

4,470.88

451.91%

Other Income

479.43

156.06

323.37

207.21%

Operating Profit (PBDIT)

9,808.31

2,742.63

7,065.68

257.62%

Interest

1,526.44

206.09

1,320.35

640.67%

Exceptional Items

0.00

62.46

-62.46

-100.00%

Gross Profit (PBDT)

6,769.25

995.52

5,773.73

579.97%

Depreciation

3,868.67

1,566.04

2,302.63

147.04%

Profit Before Tax

4,413.20

1,032.96

3,380.24

327.24%

Tax

928.71

5.34

923.37

17,291.57%

Provisions and contingencies

0.00

Profit After Tax

4,378.19

1,027.63

3,350.56

326.05%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

4,378.19

1,027.63

3,350.56

326.05%

Share in Profit of Associates

0.00

Minority Interest

377.79

0.00

377.79

Other related items

0.00

Consolidated Net Profit

4,755.98

1,027.63

3,728.35

362.81%

Equity Capital

0.00

Face Value

1.06

0.08

0.00

Reserves

38,170.00

14,189.28

23,980.72

169.01%

Earnings per share (EPS)

0.92

0.19

0.73

384.21%

Diluted Earnings per share

0.92

0.19

0.73

384.21%

Operating Profit Margin (Excl OI)

21.77%

5.07%

0.00

16.70%

Gross Profit Margin

33.02%

12.90%

0.00

20.12%

PAT Margin

17.46%

5.10%

0.00

12.36%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 2,508.19 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 0.64% vs 15.43% in Dec 2023

Annual - Consolidate Net Profit

Consolidate Net Profit 475.60 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 16.41% vs 96.48% in Dec 2023

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 932.89 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -1.02% vs 55.55% in Dec 2023

Annual - Interest

Interest 152.64 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -6.02% vs 40.51% in Dec 2023

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 21.77%

in Dec 2024

Figures in %

YoY Growth in year ended Dec 2024 has fallen from Dec 2023