- Cosco Energy reported a net income of 1.87 billion yuan for the first half of the year.
- The company’s revenue reached 11.64 billion yuan during the same period.
- There are 9 buy recommendations for Cosco Energy.
- There are no hold or sell recommendations for the company.
Cosco Shipping Energy Transportation Co. Ltd. (H) on Smartkarma
Analyst coverage on Cosco Shipping Energy Transportation Co. Ltd. (H) on Smartkarma reveals positive sentiments from two independent analysts. Osbert Tang, CFA, in his report titled “COSCO Shipping Energy (1138 HK): A Viable Play on the Israel-Iran Conflict,” highlights that CSET stands to benefit from oil supply worries amidst Israel-Iran tensions. Tang suggests that a potential closure of Hormuz could elevate VLCC rates, leading to increased demand for alternative routes and panic chartering. Despite a recent retreat, CSET is trading at an attractive 5.8x PER and 8.8% yield for FY25F, with a solid 12% ROE and a cheap 0.73x P/B ratio.
Rikki Malik, in another report titled “Opportunities in Tankers (1138.HK) As the Sector Has Discounted Most of the Issues Facing It,” emphasizes the current negative narrative in the sector as an opportunity. Malik points out that the sector has been derated due to factors like higher oil production, easing sanctions, and an impending recession. However, Malik believes that the capital cycle story remains intact and strengthens over time, presenting a margin of safety in current valuations. Both analysts provide valuable insights for investors considering Cosco Shipping Energy Transportation Co. Ltd. (H) as a potential investment.
A look at Cosco Shipping Energy Transportation Co. Ltd. (H) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.4 |
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 Smartkarma Smart Scores, Cosco Shipping Energy Transportation Co. Ltd. (H) shows a promising long-term outlook. With high scores in Value, Dividend, and Growth, the company demonstrates strong fundamentals. Its focus on offering marine shipping services for refined oil, crude oil, and other products positions it well for future growth.
Although not scoring as high in Resilience and Momentum, the overall positive outlook for Cosco Shipping Energy Transportation Co. Ltd. (H) highlights its potential for stability and solid performance in the coming years. In summary, the company specializes in various shipping services including iron ores, dry bulks, coal, and more, making it a versatile player in the industry with promising growth prospects.
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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