The global shipping industry is enjoying the best market trend since 2007. A-share leading shipping company China COSCO Shipping profit set a new record, with net profit of approximately 97.2 billion yuan in the first three quarters, an increase of about 44% year-on-year.
However, such jaw-dropping net profit cannot even rank among the top 3 in the world's shipping industry.
COSCO net profit of 97.2 billion yuan in the first three quarters
Let's first look at the performance of major shipping companies in the world in the first half of 2022:
Mediterranean Shipping, the world's largest transportation capacity, is a privately held company, and has not released a performance report. Although he knows that he has made a lot of money, the data cannot be compared here;
, the second transportation capacity, the second transportation capacity, achieved operating income of US$40.9 billion and a net profit of US$15.4 billion;
, the third transportation capacity, achieved operating income of US$37.7 billion in the first half of the year, and the net profit of US$15.4 billion;
, the third transportation capacity, achieved operating income of US$37.7 billion in the first half of the year, and the net profit of US$1.5 billion;
, the third transportation capacity, achieved operating income of US$37.7 billion in the first half of the year, and the net profit of US$1.5 billion;
, the third transportation capacity, achieved operating income of US$37.7 billion in the first half of the year, and the net profit of US$1.5 billion;
, the third transportation capacity, achieved operating income of US$37.7 billion in the first half of the year, and the net profit of US$1.5 billion;
, the third transportation capacity, achieved operating income of US$37.7 billion in the first half of the year, and the net profit of US$1.5 billion;
, the third transportation capacity, achieved operating income of US$37.7 billion in the first half of the year, and the net profit of US$1.5 billion;
, the third transportation capacity, achieved operating income of US$37.7 billion in the first half of the year, and the net profit of US$1.5 billion; US$14.8 billion; COSCO Overseas Control, which has the fourth largest capacity in
, achieved operating income of US$30.2 billion in the first half of the year, and made a net profit of US$9.28 billion;
, with the fifth largest capacity in Hapag-Lloyd , achieved operating income of US$18.6 billion in the first half of the year, and made a net profit of US$9.47 billion; ONE, which has the seventhest capacity in
, achieved revenue of US$17.45 billion in the first half of the year, and made a net profit of US$10.6 billion;
, if ranked by net profit, the top 10 are Maersk, Dafei, ONE, Hapag-Lloyd, COSCO Overseas Control, Evergreen Sea Freight , HMM, Yangming Sea Freight, Star Shipping, 0,000 Sea Freight , etc.
0, good days can continue.
According to data from consulting firm Drewry Maritime Research, the container shipping industry will make a shocking $500 billion in operating profit from a two-year supply chain woes by the end of 2022.
COSUM
It is worth mentioning that COSUM mount has a current market value of only 172 billion yuan, which is only 1.77 times the PE relative to the net profit of 97.2 billion yuan in the first three quarters. The stock price peak in the past two months was 15.14 yuan, and the lowest was 10.88 yuan on October 10. The stock price of such high-quality stocks fell by 28% within one month.
COSCO Shipping
Who to reason with?
