China Merchants Energy Shipping Co., Ltd. (SHA:601872)

SHA:601872 Financials Overview

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

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	31,138	28,177	25,799	25,881	29,708	24,412
Revenue Growth	23.86%	9.22%	-0.32%	-12.88%	21.70%	12.96%
Gross Profit Gross Profit Growth	9,659	7,460	7,332	6,704	6,513	4,576
Operating Income Operating Income Growth	8,524	6,317	6,263	5,640	5,482	3,664
Net Income Net Income Growth	7,910	6,012	5,107	4,837	5,087	3,609
Earnings Per Share EPS Growth	0.97	0.74	0.63	0.60	0.61	0.48
EPS Growth	69.15%	17.46%	5.00%	-1.64%	27.08%	28.00%

Revenue by Segment

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Fiscal Year	TTM	FY 2025
Period Ending	Mar 31, 2026	Dec 31, 2025
Tanker Transportation Tanker Transportation Growth	12,218	10,289
Bulk Carrier Shipping Bulk Carrier Shipping Growth	9,416	8,769
Ro-Ro Shipping Ro-Ro Shipping Growth	1,732	1,690
Container Shipping Container Shipping Growth	6,335	6,149
LNG Transportation LNG Transportation Growth	-	54.95
Other Other Growth	-	4,158
Intersegment Offset Intersegment Offset Growth	-	-2,934
Total Total Growth	31,033	28,177

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	5,271	4,721	4,589	4,953	11,229	10,669
Total Debt Total Debt Growth	28,585	28,388	24,329	20,259	27,465	28,001
Net Cash (Debt) Net Cash Growth	-23,314	-23,667	-19,740	-15,306	-16,236	-17,331
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	-2.85	-2.91	-2.43	-1.90	-1.95	-2.31

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	10,989	9,055	8,476	8,917	6,995	6,509
Capital Expenditures CapEx Growth	-10,906	-7,797	-7,550	-4,489	-2,696	-2,430
Free Cash Flow Free Cash Flow Growth	82.97	1,258	925.98	4,429	4,299	4,079
Free Cash Flow Growth	-89.89%	35.86%	-79.09%	3.01%	5.40%	-38.69%

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	31.02%	26.47%	28.42%	25.90%	21.92%	18.75%
Operating Margin	27.38%	22.42%	24.27%	21.79%	18.45%	15.01%
Pretax Margin	29.16%	24.40%	23.07%	20.92%	19.97%	17.79%
Profit Margin	25.40%	21.34%	19.80%	18.69%	17.12%	14.78%
FCF Margin	0.27%	4.46%	3.59%	17.11%	14.47%	16.71%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.320	0.320	0.256	0.238	0.190	0.110
Dividend Per Share Growth	25.00%	25.00%	7.56%	25.26%	72.73%	6.49%
Dividend Yield	1.91%	3.62%	4.19%	4.44%	3.84%	3.09%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	17.38	12.06	10.22	9.90	8.93	9.21
Forward PE	10.90	9.72	8.48	7.24	7.76	10.79
P/FCF Ratio	1634.02	57.64	56.38	10.81	10.57	8.15
PS Ratio	4.35	2.57	2.02	1.85	1.53	1.36

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 3, 2026

Data Sources Report a data error