Just after the amazing annual report was issued, then came the amazing first quarter performance. The performance of Cosco Shipping Holdings Co.Ltd(601919) was too “fried”.
On March 31, just before the end of the first quarter, the 10x Bull Stock Cosco Shipping Holdings Co.Ltd(601919) issued an announcement on the pre increase of performance in the first quarter of this year. It is estimated that the net profit in the first quarter is about 27.6 billion yuan, an increase of about 78.6% year-on-year. The night before, Cosco Shipping Holdings Co.Ltd(601919) just made the financial report for 2021, with a net profit of 89.3 billion yuan, a sharp increase of 800%.
By the end of February this year, there were 551800 Cosco Shipping Holdings Co.Ltd(601919) shareholders.
day earning 300 million! Bull Stock Performance broke out again
Cosco Shipping Holdings Co.Ltd(601919) pre increase announcement shows that according to the preliminary calculation of the company, the net profit attributable to the shareholders of the listed company in the first quarter of 2022 is expected to be about RMB 27.6 billion, with a year-on-year increase of about RMB 12.15 billion, a year-on-year increase of about 78.6%.
It is estimated that the company’s profit before interest and tax (EBIT) during the reporting period is about 39.3 billion yuan, with a year-on-year increase of about 19.45 billion yuan, with a year-on-year increase of about 98%.
The net profit of 27.6 billion in 90 days in the first quarter is equivalent to a net profit of 300 million per day. Not only did it soar year-on-year compared with the first quarter of last year, but it also increased significantly month on month compared with the 21.7 billion yuan in the fourth quarter of last year.
As for the main reasons for the pre increase, the company said that during the reporting period, the company overcame the impact of multiple factors such as global epidemic, shortage of transportation capacity and slow global supply chain, always adhered to the concept of “customer-centered”, and made every effort to ensure the stability of customers’ supply chain and the smooth Global trade through stable transportation capacity delivery, ensuring container supply and improving service quality.
Due to the continuous outbreak of shipping business in the past two years, Cosco Shipping Holdings Co.Ltd(601919) share price has also exploded with amazing strength. The share price was 3.14 yuan at the end of May 2020 and as high as 33.4 yuan by July 2021 (before ex rights), with 10 times of bull shares a year. After ex rights, it also soared from 2.42 yuan to 25.69 yuan.
the latest closing price of Cosco Shipping Holdings Co.Ltd(601919) a shares is 15.5 yuan, with a total market value of 248.2 billion yuan.
netizens blew up:
awesome, good mess
For the performance of Cosco Shipping Holdings Co.Ltd(601919) fryer, some netizens said that they were forced by the bull, while others said that it was a mess. Some thought it was necessary to raise the limit. Of course, some netizens said that it was good, and the stock price did not necessarily respond.
annual report with fierce performance
dividend is lower than some netizens expected
After nearly 90 billion yuan came out on March 30, Cosco Shipping Holdings Co.Ltd(601919) share price did not rise but fell on March 31. The share price fell by 3.67% and the share price of H shares also fell by 2.43%.
On the one hand, the performance of Cosco Shipping Holdings Co.Ltd(601919) annual report has been expected to soar. On the other hand, the dividend scheme proposed in the annual report is lower than some investors’ expectations. Originally, after the performance burst in 2021, some investors expected the company to pay a high proportion of dividends, but finally paid a cash dividend of 13.9 billion yuan, which was 15.6% of the net profit of the year.
On March 30, Cosco Shipping Holdings Co.Ltd(601919) disclosed the annual report. In 2021, the company achieved an operating revenue of 333694 billion yuan, an increase of 94.85% year-on-year; The net profit attributable to the shareholders of the parent company was 89.296 billion yuan, a year-on-year increase of 799.52%. It is proposed to distribute a cash dividend of 0.87 yuan per share, totaling 13.932 billion yuan.
During the reporting period, the company achieved excellent business performance, and its overall business performance, container shipping business revenue and freight volume reached a record high. The company achieved an EBIT of 131.5 billion yuan (about 20.38 billion US dollars), of which the EBIT of container shipping business reached 127.7 billion yuan (about 19.79 billion US dollars); By the end of 2021, the company’s asset liability ratio had dropped to 56.76%, down 14.3 percentage points from the end of the previous year.
new chairman Wan min took office at the end of last year
Cosco Shipping Holdings Co.Ltd(601919) at the end of last year, a new chairman was appointed and WAN min took office. Some private investors said that they maintained expectations for the development of the new chairman after taking office.
On December 7, 2021, Cosco Shipping Holdings Co.Ltd(601919) announced that it accepted Xu Lirong’s resignation as chairman and executive director of the sixth board of directors of the company, and the resignation took effect immediately. Wan min is approved to be the candidate of executive director and chairman of Cosco Shipping Holdings Co.Ltd(601919) the 6th board of directors. On December 29, the company convened the board of directors and elected Mr. Wan min, the executive director, as the chairman of the sixth board of directors of the company.
According to Wan min’s resume at that time, Mr. Wan min, 53, is currently the chairman and party secretary of China Ocean Shipping Group Co., Ltd., and the chairman and executive director of the company’s holding subsidiary Oriental Overseas (International) Co., Ltd.
Chairman of the board of directors and deputy general manager of COSCO (China Shipping Group Co., Ltd.), who has many years of experience in the management of the Party committee and the general manager of COSCO (China Shipping Group Co., Ltd.), and has many years of experience in the management of COSCO (China Shipping Group Co., Ltd.), From October 2021, he served as chairman and party secretary of COSCO Shipping Group Co., Ltd. Mr. Wan min graduated from Shanghai Maritime University, majoring in transportation management engineering, and obtained a master’s degree in Business Administration from Shanghai Jiaotong University
Cosco Shipping Holdings Co.Ltd(601919) 2021 Performance Presentation: the market freight rate will remain high in 2022, and no resolution has been made on the repurchase scheme
“If you earn 90 billion, you will get 14 billion?” Cosco Shipping Holdings Co.Ltd(601919) 10 years for the first time dividend investors too few
Cosco Shipping Holdings Co.Ltd(601919) 2021 earned more than the past 20 years and distributed more than 10 billion in cash dividends
