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Hong Kong trading, logistics and investment arm of the COSCO Shipping group.
Hong Kong trading, logistics and investment arm of the COSCO Shipping group.
Buys and resells ship spare parts and supplies, with COSCO Shipping group fleets an important buyer, earning a trading margin on each deal. Property and logistics investments add rental and investment income.
Moat: narrow (distribution). Preferred trading channel within the COSCO Shipping group network.
Headquarters: Hong Kong · Employees: 808
Size COSCO SHIPPING International (Hong Kong) (0517.HK) is a Hong Kong Industrials company (Air Freight/Couriers) with a market value of $1.32B, the 524th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$7.06 on 6 Nov 2026.
Performance Over six months the shares gained 8.0%, against -9.7% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 1.5% over the last twelve months (peer median +4.4%); the operating margin is 4.8% (peer median 6.3%).
Valuation It trades at 12.6× forward earnings against a peer median of 13.1× (7th cheapest of 15).
Price implies For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is +1 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 0.1 points above its cost of capital (5.6% WACC).
Next results Next results expected around 30 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$3.86B | HK$3.71B | HK$3.63B | HK$3.34B | HK$3.96B |
| Revenue growth | — | +2% | +9% | -16% | — |
| Gross profit | HK$898M | HK$867M | HK$824M | HK$649M | HK$644M |
| EBITDA | HK$224M | HK$175M | HK$164M | HK$63.9M | HK$174M |
| Net income | HK$769M | HK$771M | HK$709M | HK$594M | HK$347M |
| Free cash flow | HK$635M | HK$741M | HK$562M | HK$858M | HK$164M |
| Capital expenditure | HK$26.0M | HK$20.0M | HK$16.6M | HK$7.75M | HK$10.5M |
| Total debt | n/a | HK$12.5M | HK$15.6M | HK$17.6M | HK$15.9M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| COSCO SHIPPING International (Hong Kong) 0517.HK | $1.32B | +8% | +1% | 5% | 12.6× | 2.3% |
| Sinotrans 0598.HK | $6.57B | -8% | +4% | 0% | 8.6× | 9.4% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 0517.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +5.7% | -1.0% | 5th highest of 21 |
| 6-month return | +8.0% | -9.7% | 4th highest of 21 |
| Distance from 52-week high | -10.9% | -24.5% | 3rd highest of 21 |
| Revenue growth (TTM) | +1.5% | +4.4% | 8th lowest of 20 |
| Operating margin | 4.8% | 6.3% | 9th lowest of 20 |
| Forward P/E | 12.6× | 13.1× | 7th cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | 2.3% | 5.9% | 6th least demanding of 16 |
| Growth delivered (Del g) | +1.5% | +5.0% | 5th lowest of 16 |
| Hurdle (Req g minus delivered) | +0.8 pp | +4.2 pp | 8th least demanding of 16 |
| ROIC minus cost of capital | +0.1 pp | -1.3 pp | 8th highest of 20 |
| EV / EBITDA | 20.9× | 7.4× | most expensive of 10 |
| Net debt / EBITDA | -27.0× | 0.2× | least indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| COSCO SHIPPING International (Hong Kong) 0517.HK | Hong Kong | $1.32B | +8% | +1% | 5% | 12.6× | 2.3% | +1.5% |
| KLN Logistics 0636.HK | Hong Kong | $1.30B | -15% | -2% | 4% | 7.0× | -10.4% | +2.6% |
| Shipping Corporation of India SCI.NS | India | $1.29B | -18% | +17% | 24% | n/a | n/a | n/a |
| Bonheur BONHR.OL | Norway | $1.20B | +1% | +4% | 7% | 10.0× | 3.1% | +20.6% |
| Eternal Asia Supply Chain Management 002183.SZ | China | $1.48B | -32% | -25% | 0% | 54.3× | 29.9% | 0.0% |
| Hub HUBG | United States | $1.48B | -44% | n/a | n/a | 51.6× | n/a | n/a |
| CMST Development 600787.SS | China | $1.49B | -12% | +23% | 0% | n/a | n/a | n/a |
| Fukuyama Transporting 9075.T | Japan | $1.51B | +18% | +6% | 4% | 11.6× | 12.0% | +2.2% |
| Blue Dart Express BLUEDART.NS | India | $1.14B | -20% | +9% | 7% | 26.5× | 22.4% | +13.3% |
| Cargojet CJT.TO | Canada | $1.00B | +15% | +1% | 10% | 23.4× | 12.4% | +8.2% |
| Xiamen International Trade 600755.SS | China | $1.77B | -10% | +28% | 0% | 11.5× | n/a | n/a |
| Konoike Transport 9025.T | Japan | $973M | +2% | +1% | 6% | 10.9× | -12.5% | +4.0% |
| Hangzhou SF Intra-city Industrial 9699.HK | Hong Kong | $941M | -24% | +32% | 1% | 13.3× | 5.9% | +35.5% |
| Orient International Enterprise 600278.SS | China | $919M | +1% | -12% | 1% | n/a | n/a | n/a |
| Swedish Logistic Property SLP-B.ST | Sweden | $876M | -9% | +27% | 86% | 14.2× | 11.6% | +60.3% |
| Hengtong Logistic 603223.SS | China | $870M | -9% | +2% | 30% | 15.5× | -9.5% | -24.6% |
| Shenzhen Easttop Supply Chain Management 002889.SZ | China | $845M | +14% | -35% | 6% | n/a | 12.0% | +6.7% |
| Hamakyorex 9037.T | Japan | $808M | -2% | +9% | 10% | 11.4× | -9.0% | +5.5% |
| Ferrari FERGR.AS | Netherlands | $780M | -4% | +3% | 17% | 12.8× | -2.7% | +5.0% |
| Shenzhen Feima International Supply Chain 002210.SZ | China | $768M | -36% | +116% | 11% | n/a | 34.5% | +1.5% |
| Liaoning Cheng Da 600739.SS | China | $2.29B | -16% | -27% | -17% | n/a | 4.4% | -10.1% |