COSCO SHIPPING Development Co., Ltd.

COSCO SHIPPING Development Co., Ltd.verified

CITAY

Price:

$5.19

Market Cap:

$28.52B

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 Developm...[Read more]

Industry

Marine Shipping

IPO Date

2010-10-28

Stock Exchange

PNK

Ticker

CITAY

The ROE as of November 2024 (TTM) for COSCO SHIPPING Development Co., Ltd. (CITAY) is 5.33%

According to COSCO SHIPPING Development Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is 5.33%. This represents a change of 301.10% compared to the average of 1.33% of the last 4 quarters.

COSCO SHIPPING Development Co., Ltd. (CITAY) Historical ROE (quarterly & annually)

How has CITAY ROE performed in the past?

The mean historical ROE of COSCO SHIPPING Development Co., Ltd. over the last ten years is 6.34%. The current 5.33% ROE has changed -16.01% with respect to the historical average. Over the past ten years (40 quarters), CITAY's ROE was at its highest in in the December 2016 quarter at 7.57%. The ROE was at its lowest in in the December 2015 quarter at -8.64%.

Quarterly (TTM)
Annual

Average

6.34%

Median

7.44%

Minimum

-13.30%

Maximum

18.63%

COSCO SHIPPING Development Co., Ltd. (CITAY) ROE by Quarter and Year

Discovering the peaks and valleys of COSCO SHIPPING Development Co., Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 222.87%

Maximum Annual ROE = 18.63%

Minimum Annual Increase = -410.69%

Minimum Annual ROE = -13.30%

Quarterly (TTM)
Annual
YearROEChange
20234.81%-64.55%
202213.57%-27.15%
202118.63%112.09%
20208.79%22.00%
20197.20%-6.29%
20187.68%-14.45%
20178.98%222.87%
20162.78%-120.92%
2015-13.30%-410.69%
20144.28%-138.46%

COSCO SHIPPING Development Co., Ltd. (CITAY) Average ROE

How has CITAY ROE performed in the past?

The current ROE of COSCO SHIPPING Development Co., Ltd. (CITAY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

12.34%

5-year avg

10.60%

10-year avg

6.34%

COSCO SHIPPING Development Co., Ltd. (CITAY) ROE vs. Peers

How is CITAY’s ROE compared to its peers?

COSCO SHIPPING Development Co., Ltd.’s ROE is less than SITC International Holdings Company Limited (34.01%), less than COSCO SHIPPING Holdings Co., Ltd. (11.90%), less than Nippon Yusen Kabushiki Kaisha (9.96%), greater than Western Bulk Chartering AS (-15.46%), less than COSCO SHIPPING Development Co., Ltd. (5.33%), less than Mitsui O.S.K. Lines, Ltd. (11.89%), less than A.P. Møller - Mærsk A/S (6.73%), less than Orient Overseas (International) Limited (10.31%), less than COSCO SHIPPING Holdings Co., Ltd. (11.90%), less than SITC International Holdings Company Limited (50.76%), less than Hapag-Lloyd Aktiengesellschaft (4.02%), less than A.P. Møller - Mærsk A/S (6.71%), less than Hapag-Lloyd Aktiengesellschaft (4.02%), less than Orient Overseas (International) Limited (10.31%),

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