COSCO Shipping Holdings Co Ltd
OTC:CICOF
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CN |
|
COSCO Shipping Holdings Co Ltd
SSE:601919
|
232.7B CNY |
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|
| DK |
|
AP Moeller - Maersk A/S
CSE:MAERSK B
|
228.8B DKK |
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|
| CH |
|
Kuehne und Nagel International AG
SIX:KNIN
|
20.9B CHF |
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|
| DE |
|
Hapag Lloyd AG
XETRA:HLAG
|
23B EUR |
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|
| KR |
H
|
HMM Co Ltd
KRX:011200
|
20.1T KRW |
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|
| JP |
|
Nippon Yusen KK
TSE:9101
|
2.2T JPY |
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|
| TW |
|
Evergreen Marine Corp Taiwan Ltd
TWSE:2603
|
426.5B TWD |
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|
| JP |
|
Mitsui O.S.K. Lines Ltd
TSE:9104
|
2T JPY |
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|
| HK |
|
Orient Overseas (International) Ltd
HKEX:316
|
98.7B HKD |
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|
| HK |
|
SITC International Holdings Co Ltd
HKEX:1308
|
89.2B HKD |
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|
| JP |
K
|
Kawasaki Kisen Kaisha Ltd
TSE:9107
|
1.6T JPY |
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Market Distribution
| Min | -2 148% |
| 30th Percentile | 14.3% |
| Median | 23% |
| 70th Percentile | 34.6% |
| Max | 775.2% |
Other Profitability Ratios
COSCO Shipping Holdings Co Ltd
Glance View
COSCO Shipping Holdings Co Ltd, a key player in the global maritime industry, operates at the heart of international trade through its comprehensive shipping services. Emerging from its roots in the bustling maritime corridors of China, COSCO has grown to become one of the world's largest shipping conglomerates. The company strategically capitalizes on its expansive fleet, which includes a diversified array of vessels ranging from container ships to dry bulk carriers. This allows it to facilitate an extensive network of shipping routes that link major economic hubs across continents, thus playing a crucial role in the seamless movement of goods worldwide. The company's business model hinges on leveraging economies of scale and optimizing its expansive logistics and warehousing infrastructure. By providing end-to-end maritime and logistics solutions, COSCO Shipping Holdings maximizes its earnings from freight, chartering, and auxiliary shipping services. Additionally, it fortifies its revenue streams by focusing on modernizing its fleet with energy-efficient and technologically advanced ships, aiming not only to enhance operational efficiency but also to align with global sustainability trends. This forward-thinking approach enables COSCO to navigate the challenges of the volatile shipping industry while steadily anchoring its position in international markets.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for COSCO Shipping Holdings Co Ltd is 22.4%, which is below its 3-year median of 25.9%.
Over the last 3 years, COSCO Shipping Holdings Co Ltd’s Gross Margin has decreased from 43.4% to 22.4%. During this period, it reached a low of 15% on Mar 31, 2024 and a high of 44.3% on Dec 31, 2022.