COSCO SHIPPING Development Co., Ltd.

HKSE 2866.HK

COSCO SHIPPING Development Co., Ltd. Capital Expenditure for the year ending December 31, 2023: USD -809.55 M

COSCO SHIPPING Development Co., Ltd. Capital Expenditure is USD -809.55 M for the year ending December 31, 2023, a 49.68% change year over year. Capital expenditure is cash spent on acquiring or maintaining fixed assets, such as property, plants, and equipment (PP&E).
  • COSCO SHIPPING Development Co., Ltd. Capital Expenditure for the year ending December 31, 2022 was USD -1.61 B, a 70.22% change year over year.
  • COSCO SHIPPING Development Co., Ltd. Capital Expenditure for the year ending December 31, 2021 was USD -5.40 B, a -7.40% change year over year.
  • COSCO SHIPPING Development Co., Ltd. Capital Expenditure for the year ending December 31, 2020 was USD -5.03 B, a -34.31% change year over year.
  • COSCO SHIPPING Development Co., Ltd. Capital Expenditure for the year ending December 31, 2019 was USD -3.75 B, a -28.61% change year over year.
Key data
Date Capital Expenditure Free Cash Flow Depreciation And Amortization Deferred Income Tax
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HKSE: 2866.HK

COSCO SHIPPING Development Co., Ltd.

CEO Mr. Mingwen Zhang C.F.A.
IPO Date June 16, 2004
Location China
Headquarters No.5299 Binjiang Avenue
Employees 11,261
Sector Industrials
Industries
Description

COSCO SHIPPING Development Co., Ltd., together with its subsidiaries, provides vessel chartering and container leasing services. It operates through Shipping and Industry-Related Leasing, Container Manufacturing, and Investment and Financial Services segments. The company manufactures and sells containers; and offers operating leasing, equity or debt investment, and insurance brokerage, as well as financial leasing services in the areas of health care, education, energy, construction, and industrial communication. As of December 31, 2021, it had 74 container ships. The company was formerly known as China Shipping Container Lines Company Limited and changed its name to COSCO SHIPPING Development Co., Ltd. in December 2016. COSCO SHIPPING Development Co., Ltd. was founded in 1997 and is headquartered in Shanghai, the People's Republic of China.

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StockViz Staff

January 15, 2025

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