COSCO SHIPPING Holdings Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	221,979	219,178	233,570	175,106	390,806	333,479
Other Revenue	346.72	325.89	288.88	347.11	-	214.5
Revenue	222,326	219,504	233,859	175,453	390,806	333,694
Revenue Growth	-8.03%	-6.14%	33.29%	-55.11%	17.11%	94.85%
Cost of Revenue	180,891	175,525	164,808	146,771	218,014	192,564
Gross Profit	41,436	43,979	69,051	28,682	172,792	141,130
Selling, General & Admin	9,350	9,085	9,521	7,172	10,418	11,452
Research & Development	1,081	1,059	986.16	1,049	1,357	849.38
Other Operating Expenses	272.56	-63.94	230.64	-1,778	1,675	438.36
Operating Expenses	10,776	10,061	10,806	6,218	13,486	12,921
Operating Income	30,659	33,918	58,245	22,464	159,306	128,209
Interest Expense	-2,902	-3,013	-3,058	-3,593	-3,681	-3,593
Interest & Investment Income	9,713	10,836	11,098	12,225	7,854	3,814
Currency Exchange Gain (Loss)	-1,211	252.26	612.92	1,923	2,982	-408.97
Other Non Operating Income (Expenses)	-106.54	-133.53	-217.32	-169.92	-159.8	-174.25
EBT Excluding Unusual Items	36,153	41,860	66,680	32,849	166,302	127,847
Gain (Loss) on Sale of Investments	-6.86	32.32	17.45	5.7	-56.14	46.09
Gain (Loss) on Sale of Assets	107.64	130.93	146.1	106.56	414.15	293.88
Asset Writedown	-91.6	-93.57	-23.36	-13.16	-56.69	-63.53
Other Unusual Items	79.7	70.17	69.01	131.46	494.21	-116.56
Pretax Income	36,242	42,000	66,890	33,080	167,097	128,007
Income Tax Expense	5,523	6,772	11,494	4,683	35,639	24,101
Earnings From Continuing Operations	30,720	35,228	55,395	28,397	131,459	103,905
Minority Interest in Earnings	-3,969	-4,360	-6,295	-4,537	-21,756	-14,556
Net Income	26,751	30,868	49,100	23,860	109,703	89,349
Net Income to Common	26,751	30,868	49,100	23,860	109,703	89,349
Net Income Growth	-46.25%	-37.13%	105.78%	-78.25%	22.78%	800.05%
Shares Outstanding (Basic)	15,307	15,512	15,942	16,122	16,062	15,984
Shares Outstanding (Diluted)	15,307	15,512	15,942	16,122	16,180	16,070
Shares Change	-2.73%	-2.70%	-1.12%	-0.36%	0.69%	0.36%
EPS (Basic)	1.75	1.99	3.08	1.48	6.83	5.59
EPS (Diluted)	1.75	1.99	3.08	1.48	6.78	5.56
EPS Growth	-44.74%	-35.39%	108.11%	-78.17%	21.94%	796.77%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	13,698	20,530	43,314	7,261	186,307	161,459
Free Cash Flow Per Share	0.90	1.32	2.72	0.45	11.51	10.05
Dividend Per Share	0.870	1.000	1.550	0.740	3.400	0.870
Dividend Growth	-45.28%	-35.48%	109.46%	-78.23%	290.81%	-
Gross Margin	18.64%	20.04%	29.53%	16.35%	44.21%	42.29%
Operating Margin	13.79%	15.45%	24.91%	12.80%	40.76%	38.42%
Profit Margin	12.03%	14.06%	21.00%	13.60%	28.07%	26.78%
Free Cash Flow Margin	6.16%	9.35%	18.52%	4.14%	47.67%	48.38%
EBITDA	40,376	43,181	66,340	30,053	166,843	134,215
EBITDA Margin	18.16%	19.67%	28.37%	17.13%	42.69%	40.22%
D&A For EBITDA	9,717	9,263	8,094	7,589	7,538	6,006
EBIT	30,659	33,918	58,245	22,464	159,306	128,209
EBIT Margin	13.79%	15.45%	24.91%	12.80%	40.76%	38.42%
Effective Tax Rate	15.24%	16.12%	17.18%	14.16%	21.33%	18.83%
Revenue as Reported	222,326	219,504	233,859	175,453	391,058	333,694