COSCO SHIPPING Specialized Carriers Co.,Ltd.

Shanghai Stock Exchange 600428.SS

COSCO SHIPPING Specialized Carriers Co.,Ltd. Free Cash Flow for the year ending December 31, 2023: USD 134.19 M

COSCO SHIPPING Specialized Carriers Co.,Ltd. Free Cash Flow is USD 134.19 M for the year ending December 31, 2023, a -38.71% change year over year. Free cash flow is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

COSCO SHIPPING Specialized Carriers Co.,Ltd. Free Cash Flow for the year ending December 31, 2022 was USD 218.93 M, a 64.96% change year over year.
COSCO SHIPPING Specialized Carriers Co.,Ltd. Free Cash Flow for the year ending December 31, 2021 was USD 132.72 M, a -0.24% change year over year.
COSCO SHIPPING Specialized Carriers Co.,Ltd. Free Cash Flow for the year ending December 31, 2020 was USD 133.04 M, a 3,458.36% change year over year.
COSCO SHIPPING Specialized Carriers Co.,Ltd. Free Cash Flow for the year ending December 31, 2019 was USD 3.74 M, a 112.50% change year over year.

Key data

Date	Free Cash Flow	Operating Cash Flow	Net Cash Used For Investing Activities	Net Cash Used Provided By Financing Activities

Shanghai Stock Exchange: 600428.SS

COSCO SHIPPING Specialized Carriers Co.,Ltd.

CEO	Mr. Nan Huang
IPO Date	April 18, 2002
Location	China
Headquarters	Guangzhou Ocean Plaza
Employees	3,719
Sector	Industrials
Industries Maritime Shipping Container Shipping

Description

COSCO SHIPPING Specialized Carriers Co., Ltd. operates as a shipping company. It operates and manages approximately 100 vessels, including multi-purpose and heavy lift vessels, semi-submersible vessels, pure car carriers, logs carriers, and asphalt carriers. The company also transports cargoes, such as RIGs, engineering vessels, port machinery, locomotives, windmills, bridge cranes, equipment, etc. In addition, it provides liner shipping services on various trade routes, including the Far East-Southeast Asia/India, Far East-Mediterranean Sea/Europe, Far East-Persian Gulf/Red Sea, Far East-Africa, Far East-America, and Far East-Australia. The company was formerly known as Guangzhou Ocean Shipping Co., Ltd. COSCO SHIPPING Specialized Carriers Co., Ltd. was founded in 1961 and is based in Guangzhou, China. COSCO SHIPPING Specialized Carriers Co., Ltd. is a subsidiary of China Ocean Shipping Co., Ltd.

Key trends

Past 5 years