C

China Merchants Energy Shipping Co Ltd
SSE:601872

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China Merchants Energy Shipping Co Ltd
SSE:601872
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Price: 8.32 CNY -5.88% Market Closed
Market Cap: 67.2B CNY
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-22%
5Y
+29%
10Y
+379%
Operating Income
+
3Y
-8%
5Y
+18%
10Y
+479%
Net Income
+
3Y
-15%
5Y
+4%
10Y
+233%

Earnings Waterfall
China Merchants Energy Shipping Co Ltd

Revenue
25.8B CNY
Cost of Revenue
-19.2B CNY
Gross Profit
6.6B CNY
Operating Expenses
-788m CNY
Operating Income
5.8B CNY
Other Expenses
-778.4m CNY
Net Income
5B CNY

Income Statement
China Merchants Energy Shipping Co Ltd

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Income Statement
Currency: CNY
Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
131
0
0
0
179
0
0
0
91
0
0
0
85
0
0
0
90
0
0
0
117
0
0
0
115
0
0
0
128
0
0
0
230
0
0
0
246
0
0
161
557
480
666
711
789
870
947
1 018
1 041
1 013
926
794
692
612
567
568
586
587
620
720
858
1 056
1 211
1 271
1 276
1 233
1 207
1 226
1 232
1 234
0
0
Revenue
2 421
N/A
2 686
+11%
2 857
+6%
3 240
+13%
3 211
-1%
2 878
-10%
2 479
-14%
1 988
-20%
1 864
-6%
2 025
+9%
2 332
+15%
2 489
+7%
2 597
+4%
2 594
0%
2 580
-1%
2 689
+4%
2 797
+4%
2 955
+6%
3 007
+2%
2 949
-2%
2 870
-3%
2 705
-6%
2 607
-4%
2 580
-1%
2 567
-1%
2 577
+0%
2 458
-5%
2 400
-2%
2 602
+8%
3 304
+27%
4 293
+30%
5 392
+26%
6 157
+14%
6 450
+5%
6 439
0%
6 074
-6%
6 025
-1%
6 131
+2%
7 582
+24%
8 513
+12%
9 607
+13%
10 175
+6%
9 504
-7%
9 951
+5%
10 931
+10%
12 264
+12%
13 856
+13%
16 694
+20%
18 609
+11%
19 713
+6%
20 931
+6%
19 936
-5%
18 073
-9%
17 090
-5%
16 475
-4%
20 498
+24%
24 412
+19%
30 483
+25%
33 630
+10%
32 933
-2%
29 708
-10%
29 496
-1%
28 971
-2%
27 152
-6%
25 881
-5%
26 252
+1%
26 125
0%
26 155
+0%
25 799
-1%
25 141
-3%
25 149
+0%
25 813
+3%
Gross Profit
Cost of Revenue
(1 356)
(1 423)
(1 453)
(1 536)
(1 505)
(1 396)
(1 365)
(1 324)
(1 392)
(1 558)
(1 673)
(1 821)
(1 928)
(2 017)
(2 134)
(2 347)
(2 589)
(2 803)
(2 938)
(2 921)
(2 803)
(2 755)
(2 766)
(2 737)
(2 641)
(2 425)
(2 175)
(1 968)
(2 095)
(2 542)
(2 970)
(3 559)
(3 799)
(3 752)
(3 696)
(3 570)
(3 670)
(3 922)
(5 499)
(6 496)
(7 610)
(8 496)
(8 071)
(8 484)
(8 994)
(10 056)
(11 381)
(13 899)
(15 013)
(15 239)
(15 104)
(13 734)
(13 484)
(13 419)
(14 004)
(17 382)
(19 836)
(23 846)
(26 058)
(25 600)
(23 195)
(23 098)
(22 251)
(20 532)
(19 177)
(19 332)
(19 337)
(19 258)
(18 467)
(18 347)
(18 612)
(19 208)
Gross Profit
1 065
N/A
1 263
+19%
1 404
+11%
1 704
+21%
1 706
+0%
1 481
-13%
1 114
-25%
665
-40%
473
-29%
467
-1%
659
+41%
669
+2%
669
N/A
576
-14%
446
-23%
343
-23%
207
-40%
152
-27%
70
-54%
28
-60%
67
+138%
(49)
N/A
(159)
-222%
(156)
+1%
(74)
+53%
152
N/A
283
+86%
432
+53%
507
+17%
762
+50%
1 323
+74%
1 833
+39%
2 358
+29%
2 698
+14%
2 743
+2%
2 505
-9%
2 355
-6%
2 210
-6%
2 083
-6%
2 017
-3%
1 996
-1%
1 678
-16%
1 433
-15%
1 467
+2%
1 937
+32%
2 208
+14%
2 475
+12%
2 795
+13%
3 597
+29%
4 474
+24%
5 827
+30%
6 203
+6%
4 589
-26%
3 671
-20%
2 471
-33%
3 116
+26%
4 576
+47%
6 637
+45%
7 572
+14%
7 333
-3%
6 513
-11%
6 398
-2%
6 720
+5%
6 620
-1%
6 704
+1%
6 919
+3%
6 789
-2%
6 897
+2%
7 332
+6%
6 793
-7%
6 538
-4%
6 605
+1%
Operating Income
Operating Expenses
(83)
(80)
(84)
(87)
(311)
(311)
(309)
(305)
(86)
(67)
(64)
(65)
(67)
(61)
(64)
(66)
(77)
(73)
(75)
(78)
(87)
(94)
(97)
(100)
(112)
(2 078)
(2 076)
(2 085)
(131)
(796)
(805)
(829)
(174)
(1 009)
(1 027)
(1 025)
(195)
(836)
(890)
(936)
(396)
(836)
(811)
(832)
(455)
(444)
(506)
(530)
(628)
(1 191)
(1 228)
(1 278)
(849)
(1 797)
(1 813)
(1 906)
(933)
(480)
(1 028)
(984)
(1 032)
(715)
(999)
(1 061)
(1 045)
(1 118)
(1 163)
(1 153)
(1 004)
(875)
(816)
(788)
Selling, General & Administrative
(81)
(78)
(83)
(86)
(75)
(76)
(74)
(70)
(68)
(68)
(65)
(65)
(61)
(61)
(64)
(66)
(71)
(71)
(73)
(76)
(83)
(92)
(94)
(98)
(111)
(101)
(100)
(110)
(124)
(139)
(148)
(174)
(168)
(181)
(196)
(189)
(187)
(200)
(257)
(287)
(393)
(403)
(397)
(428)
(461)
(481)
(526)
(554)
(598)
(661)
(699)
(750)
(788)
(835)
(848)
(954)
(910)
(1 043)
(1 085)
(1 030)
(976)
(1 005)
(1 024)
(1 081)
(977)
(1 085)
(1 107)
(1 099)
(945)
(912)
(901)
(874)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
(0)
(0)
(1)
(2)
(4)
(4)
(24)
(23)
(21)
(21)
(2)
(2)
(2)
(1)
(0)
(0)
(0)
0
(1)
(3)
0
(4)
(4)
0
(9)
(10)
(19)
(23)
(20)
0
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
0
0
0
(1)
0
0
0
(1)
0
0
0
(1)
0
0
0
(2)
0
0
0
(4)
0
0
0
(8)
0
0
0
(9)
0
0
0
(20)
0
0
0
(33)
0
0
0
(53)
0
0
0
(70)
0
0
0
(78)
0
0
0
(97)
0
0
0
Other Operating Expenses
(3)
0
(1)
(1)
(236)
(234)
(235)
(235)
(18)
1
1
1
(6)
0
0
0
(6)
(2)
(1)
(2)
(3)
(2)
(3)
(1)
0
(1 977)
(1 975)
(1 975)
(4)
(657)
(657)
(656)
(4)
(828)
(831)
(836)
(4)
(636)
(633)
(650)
5
(432)
(414)
(404)
17
39
23
28
12
(507)
(508)
(507)
(26)
(961)
(963)
(951)
30
564
57
46
15
294
26
24
14
(32)
(47)
(44)
56
59
104
86
Operating Income
982
N/A
1 183
+20%
1 320
+12%
1 618
+23%
1 395
-14%
1 171
-16%
805
-31%
360
-55%
386
+7%
400
+4%
595
+49%
604
+2%
602
0%
516
-14%
382
-26%
277
-28%
131
-53%
80
-39%
(5)
N/A
(50)
-862%
(20)
+60%
(144)
-619%
(255)
-78%
(256)
0%
(186)
+27%
(1 926)
-936%
(1 793)
+7%
(1 653)
+8%
376
N/A
(35)
N/A
518
N/A
1 004
+94%
2 184
+118%
1 689
-23%
1 716
+2%
1 480
-14%
2 160
+46%
1 373
-36%
1 193
-13%
1 080
-9%
1 601
+48%
842
-47%
622
-26%
635
+2%
1 482
+133%
1 765
+19%
1 969
+12%
2 265
+15%
2 968
+31%
3 283
+11%
4 599
+40%
4 924
+7%
3 740
-24%
1 873
-50%
658
-65%
1 210
+84%
3 643
+201%
6 157
+69%
6 544
+6%
6 348
-3%
5 481
-14%
5 683
+4%
5 722
+1%
5 559
-3%
5 660
+2%
5 801
+2%
5 626
-3%
5 744
+2%
6 329
+10%
5 918
-6%
5 721
-3%
5 817
+2%
Pre-Tax Income
Interest Income Expense
(86)
(105)
(148)
(142)
(82)
(53)
(19)
(12)
39
16
13
16
19
17
23
20
44
43
69
104
116
121
137
158
183
213
228
227
209
156
91
37
1
(19)
(31)
(62)
(78)
(96)
(144)
(206)
(251)
(314)
(327)
(337)
(413)
(456)
(481)
(493)
(452)
(400)
(231)
(34)
240
273
269
231
246
178
343
393
261
26
(169)
(367)
(385)
(318)
(419)
(519)
(368)
(397)
(381)
(132)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1 975)
0
0
0
(658)
0
0
0
(825)
0
0
0
(628)
0
0
10
(416)
4
4
12
12
13
13
5
(510)
30
37
31
(997)
0
26
134
456
0
635
558
214
0
113
89
(4)
52
52
52
(6)
2
161
159
Gain/Loss on Disposition of Assets
0
0
0
0
119
0
0
0
16
0
0
0
34
0
0
0
0
0
0
0
0
0
0
0
(160)
0
0
0
(169)
0
0
(37)
(23)
0
0
(102)
0
0
0
0
0
0
0
0
0
0
0
0
(9)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
38
98
159
130
2
61
0
38
21
72
69
32
31
30
33
33
2
3
3
3
34
32
32
(32)
0
(163)
(174)
(190)
523
357
368
1 195
744
722
1 523
917
804
804
5
105
272
272
270
168
81
82
86
85
1
(8)
(11)
(10)
(31)
(32)
(34)
(28)
(3)
(40)
(40)
(46)
(23)
(44)
(44)
85
144
138
170
59
(3)
(4)
(35)
(53)
Pre-Tax Income
934
N/A
1 178
+26%
1 330
+13%
1 606
+21%
1 434
-11%
1 180
-18%
786
-33%
386
-51%
462
+20%
488
+6%
677
+39%
652
-4%
686
+5%
563
-18%
437
-22%
329
-25%
176
-46%
126
-28%
67
-47%
57
-14%
129
+127%
9
-93%
(86)
N/A
(131)
-52%
(2 138)
-1 537%
(1 877)
+12%
(1 739)
+7%
(1 616)
+7%
281
N/A
478
+70%
977
+104%
2 199
+125%
2 082
-5%
2 392
+15%
3 208
+34%
2 233
-30%
2 258
+1%
2 082
-8%
1 054
-49%
990
-6%
1 206
+22%
804
-33%
569
-29%
478
-16%
1 163
+144%
1 404
+21%
1 587
+13%
1 862
+17%
1 998
+7%
2 904
+45%
4 394
+51%
4 911
+12%
2 951
-40%
2 114
-28%
919
-57%
1 547
+68%
4 343
+181%
6 295
+45%
7 482
+19%
7 253
-3%
5 934
-18%
5 665
-5%
5 622
-1%
5 365
-5%
5 415
+1%
5 673
+5%
5 429
-4%
5 336
-2%
5 952
+12%
5 519
-7%
5 466
-1%
5 790
+6%
Net Income
Tax Provision
(52)
(57)
(58)
(57)
(153)
(154)
(156)
(155)
(108)
(103)
(99)
(95)
(53)
(53)
(54)
(56)
(12)
(15)
(22)
(28)
(39)
(41)
(44)
(49)
(47)
(54)
(56)
(56)
(56)
(50)
(40)
(33)
(19)
(14)
(10)
(5)
(6)
(9)
(42)
(37)
(51)
(58)
(40)
(65)
(73)
(64)
(71)
(63)
(52)
(51)
(43)
(38)
(140)
(157)
(177)
(366)
(684)
(979)
(1 154)
(1 323)
(865)
(776)
(651)
(368)
(493)
(483)
(764)
(787)
(743)
(827)
(648)
(681)
Income from Continuing Operations
882
1 121
1 273
1 549
1 282
1 026
631
231
353
385
578
557
633
510
383
273
165
111
45
29
91
(32)
(130)
(180)
(2 186)
(1 931)
(1 795)
(1 672)
225
428
937
2 167
2 063
2 379
3 198
2 228
2 252
2 073
1 012
952
1 155
746
529
412
1 090
1 340
1 516
1 799
1 946
2 853
4 351
4 873
2 812
1 957
743
1 180
3 659
5 316
6 327
5 930
5 068
4 889
4 971
4 997
4 922
5 189
4 665
4 549
5 209
4 692
4 818
5 109
Income to Minority Interest
(33)
(36)
(40)
(47)
(49)
(44)
(32)
(17)
(10)
(9)
(14)
(15)
(17)
(15)
(9)
(5)
(1)
1
2
2
0
(0)
1
2
2
2
2
3
(25)
(187)
(432)
(653)
(909)
(1 030)
(1 031)
(932)
(522)
(460)
(274)
(148)
(311)
(53)
52
44
77
42
(13)
(17)
(14)
(2)
(5)
(13)
(34)
(64)
(62)
(56)
(50)
(38)
(33)
(35)
19
14
(4)
(19)
(85)
(99)
(102)
(101)
(102)
(94)
(83)
(71)
Net Income (Common)
848
N/A
1 085
+28%
1 233
+14%
1 502
+22%
1 233
-18%
982
-20%
599
-39%
214
-64%
343
+60%
376
+10%
564
+50%
543
-4%
616
+14%
495
-20%
374
-25%
268
-28%
163
-39%
113
-31%
46
-59%
30
-35%
91
+201%
(32)
N/A
(129)
-303%
(178)
-38%
(2 184)
-1 128%
(1 929)
+12%
(1 793)
+7%
(1 669)
+7%
200
N/A
242
+21%
505
+109%
1 514
+200%
1 154
-24%
1 348
+17%
2 167
+61%
1 296
-40%
1 730
+33%
1 612
-7%
738
-54%
805
+9%
845
+5%
692
-18%
581
-16%
456
-21%
1 167
+156%
1 382
+18%
1 503
+9%
1 782
+19%
1 933
+8%
2 852
+48%
4 346
+52%
4 860
+12%
2 777
-43%
1 893
-32%
680
-64%
1 124
+65%
3 609
+221%
5 278
+46%
6 295
+19%
5 894
-6%
5 087
-14%
4 902
-4%
4 967
+1%
4 979
+0%
4 837
-3%
5 091
+5%
4 563
-10%
4 448
-3%
5 107
+15%
4 598
-10%
4 735
+3%
5 038
+6%
EPS (Diluted)
0.22
N/A
0.3
+36%
0.34
+13%
0.41
+21%
0.33
-20%
0.26
-21%
0.16
-38%
0.05
-69%
0.09
+80%
0.1
+11%
0.15
+50%
0.15
N/A
0.16
+7%
0.14
-13%
0.11
-21%
0.08
-27%
0.04
-50%
0.03
-25%
0.01
-67%
0.01
N/A
0.02
+100%
0
N/A
-0.02
N/A
-0.03
-50%
-0.46
-1 433%
-0.4
+13%
-0.38
+5%
-0.36
+5%
0.04
N/A
0.05
+25%
0.11
+120%
0.32
+191%
0.23
-28%
0.25
+9%
0.4
+60%
0.25
-38%
0.33
+32%
0.31
-6%
0.14
-55%
0.15
+7%
0.16
+7%
0.13
-19%
0.11
-15%
0.08
-27%
0.19
+138%
0.23
+21%
0.21
-9%
0.28
+33%
0.29
+4%
0.42
+45%
0.64
+52%
0.72
+13%
0.41
-43%
0.28
-32%
0.12
-57%
0.17
+42%
0.48
+182%
0.65
+35%
0.77
+18%
0.74
-4%
0.61
-18%
0.59
-3%
0.6
+2%
0.59
-2%
0.6
+2%
0.63
+5%
0.57
-10%
0.55
-4%
0.63
+15%
0.57
-10%
0.59
+4%
0.63
+7%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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