Overview
COSCO SHIPPING Development
A leading transporter of freight in big boxes, COSCO SHIPPING Development (COSCO; formerly China Shipping Container Lines) makes stops at ports all over China and all over the world. The company maintains a fleet of more than 85 container vessels with an overall capacity of more than 600,000 twenty-foot-equivalent units (TEU); over 80 LNG vessels, heavy crane vessels, and oil tankers; almost five bulk cargo vessels of 64,000 DWT each; and an inventory
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Read More of containers of approximately 3.65 million TEU. Government-owned marine transportation company China Shipping (Group) Company owns a controlling stake in COSCO, which was established in 1997. COSCO generates majority of sales in Asia.
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Read More of containers of approximately 3.65 million TEU. Government-owned marine transportation company China Shipping (Group) Company owns a controlling stake in COSCO, which was established in 1997. COSCO generates majority of sales in Asia.
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Mingwen Zhang
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Boiler, Tank, and Shipping Container Manufacturing
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Commercial and Industrial Machinery and Equipment Rental and Leasing
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Fabricated Metal Product Manufacturing
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Manufacturing
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Boxes for packing and shipping, Metal
See All Industries Boat rental, commercial
See Fewer Industries
See All Industries Boat rental, commercial
See Fewer Industries
Aerospace Product and Parts Manufacturing
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Agriculture, Construction, and Mining Machinery Manufacturing
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Alumina and Aluminum Production and Processing
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Animal Food Manufacturing
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Animal Slaughtering and Processing
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Apparel Accessories and Other Apparel Manufacturing
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Apparel Knitting Mills
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Architectural and Structural Metals Manufacturing
View more , Audio and Video Equipment Manufacturing , Bakeries and Tortilla Manufacturing , Basic Chemical Manufacturing , Beverage Manufacturing , Cement and Concrete Product Manufacturing , Clay Product and Refractory Manufacturing , Coating, Engraving, Heat Treating, and Allied Activities , Commercial and Service Industry Machinery Manufacturing , Communications Equipment Manufacturing , Computer and Peripheral Equipment Manufacturing , Converted Paper Product Manufacturing , Cut and Sew Apparel Manufacturing , Cutlery and Handtool Manufacturing , Dairy Product Manufacturing , Electric Lighting Equipment Manufacturing , Electrical Equipment Manufacturing , Engine, Turbine, and Power Transmission Equipment Manufacturing , Fabric Mills , Fiber, Yarn, and Thread Mills , Footwear Manufacturing , Forging and Stamping , Foundries , Fruit and Vegetable Preserving and Specialty Food Manufacturing , Glass and Glass Product Manufacturing , Grain and Oilseed Milling , Hardware Manufacturing , Household Appliance Manufacturing , Household and Institutional Furniture and Kitchen Cabinet Manufacturing , Industrial Machinery Manufacturing , Iron and Steel Mills and Ferroalloy Manufacturing , Leather and Hide Tanning and Finishing , Lime and Gypsum Product Manufacturing , Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing , Manufacturing and Reproducing Magnetic and Optical Media , Medical Equipment and Supplies Manufacturing , Metalworking Machinery Manufacturing , Motor Vehicle Body and Trailer Manufacturing , Motor Vehicle Manufacturing , Motor Vehicle Parts Manufacturing , Navigational, Measuring, Electromedical, and Control Instruments Manufacturing , Nonferrous Metal (except Aluminum) Production and Processing , Office Furniture (including Fixtures) Manufacturing , Other Chemical Product and Preparation Manufacturing , Other Electrical Equipment and Component Manufacturing , Other Fabricated Metal Product Manufacturing , Other Food Manufacturing , Other Furniture Related Product Manufacturing , Other General Purpose Machinery Manufacturing , Other Leather and Allied Product Manufacturing , Other Miscellaneous Manufacturing , Other Nonmetallic Mineral Product Manufacturing , Other Textile Product Mills , Other Transportation Equipment Manufacturing , Other Wood Product Manufacturing , Paint, Coating, and Adhesive Manufacturing , Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing , Petroleum and Coal Products Manufacturing , Pharmaceutical and Medicine Manufacturing , Plastics Product Manufacturing , Printing and Related Support Activities , Pulp, Paper, and Paperboard Mills , Railroad Rolling Stock Manufacturing , Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing , Rubber Product Manufacturing , Sawmills and Wood Preservation , Seafood Product Preparation and Packaging , Semiconductor and Other Electronic Component Manufacturing , Ship and Boat Building , Soap, Cleaning Compound, and Toilet Preparation Manufacturing , Spring and Wire Product Manufacturing , Steel Product Manufacturing from Purchased Steel , Sugar and Confectionery Product Manufacturing , Textile Furnishings Mills , Textile and Fabric Finishing and Fabric Coating Mills , Tobacco Manufacturing , Veneer, Plywood, and Engineered Wood Product Manufacturing Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing
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View more , Audio and Video Equipment Manufacturing , Bakeries and Tortilla Manufacturing , Basic Chemical Manufacturing , Beverage Manufacturing , Cement and Concrete Product Manufacturing , Clay Product and Refractory Manufacturing , Coating, Engraving, Heat Treating, and Allied Activities , Commercial and Service Industry Machinery Manufacturing , Communications Equipment Manufacturing , Computer and Peripheral Equipment Manufacturing , Converted Paper Product Manufacturing , Cut and Sew Apparel Manufacturing , Cutlery and Handtool Manufacturing , Dairy Product Manufacturing , Electric Lighting Equipment Manufacturing , Electrical Equipment Manufacturing , Engine, Turbine, and Power Transmission Equipment Manufacturing , Fabric Mills , Fiber, Yarn, and Thread Mills , Footwear Manufacturing , Forging and Stamping , Foundries , Fruit and Vegetable Preserving and Specialty Food Manufacturing , Glass and Glass Product Manufacturing , Grain and Oilseed Milling , Hardware Manufacturing , Household Appliance Manufacturing , Household and Institutional Furniture and Kitchen Cabinet Manufacturing , Industrial Machinery Manufacturing , Iron and Steel Mills and Ferroalloy Manufacturing , Leather and Hide Tanning and Finishing , Lime and Gypsum Product Manufacturing , Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing , Manufacturing and Reproducing Magnetic and Optical Media , Medical Equipment and Supplies Manufacturing , Metalworking Machinery Manufacturing , Motor Vehicle Body and Trailer Manufacturing , Motor Vehicle Manufacturing , Motor Vehicle Parts Manufacturing , Navigational, Measuring, Electromedical, and Control Instruments Manufacturing , Nonferrous Metal (except Aluminum) Production and Processing , Office Furniture (including Fixtures) Manufacturing , Other Chemical Product and Preparation Manufacturing , Other Electrical Equipment and Component Manufacturing , Other Fabricated Metal Product Manufacturing , Other Food Manufacturing , Other Furniture Related Product Manufacturing , Other General Purpose Machinery Manufacturing , Other Leather and Allied Product Manufacturing , Other Miscellaneous Manufacturing , Other Nonmetallic Mineral Product Manufacturing , Other Textile Product Mills , Other Transportation Equipment Manufacturing , Other Wood Product Manufacturing , Paint, Coating, and Adhesive Manufacturing , Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing , Petroleum and Coal Products Manufacturing , Pharmaceutical and Medicine Manufacturing , Plastics Product Manufacturing , Printing and Related Support Activities , Pulp, Paper, and Paperboard Mills , Railroad Rolling Stock Manufacturing , Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing , Rubber Product Manufacturing , Sawmills and Wood Preservation , Seafood Product Preparation and Packaging , Semiconductor and Other Electronic Component Manufacturing , Ship and Boat Building , Soap, Cleaning Compound, and Toilet Preparation Manufacturing , Spring and Wire Product Manufacturing , Steel Product Manufacturing from Purchased Steel , Sugar and Confectionery Product Manufacturing , Textile Furnishings Mills , Textile and Fabric Finishing and Fabric Coating Mills , Tobacco Manufacturing , Veneer, Plywood, and Engineered Wood Product Manufacturing Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing
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Actual
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Actual
$3.81 billion
Actual
76.14%
19.64%
$126,367
DEC
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Shanghai:601866
Contacts
Get in Touch with 9 Principals*
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Mingwen ZhangExecutive Director
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$3.81 billion
USD
Actual
1 USD = 7.2455 CNY
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $925 | $733 | $1,548 |
| Net Investing Cash | -$430 | $133 | -$41 |
| Net Financing Cash | -$1,145 | -$1,232 | -$2,000 |
| Net Change in Cash | -$649 | -$366 | -$494 |
| Cash at Beginning of Period | $1,797 | $2,131 | $2,467 |
| Cash at End of Period | $1,198 | $1,797 | $2,131 |
| Capital Expenditure | -$1,368 | -$793 | -$1,532 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $1,201 | $1,798 | $2,148 |
| Accounts Receivable | $352 | $245 | $73 |
| Inventories | $313 | $303 | $559 |
| Other Current Assets | $636 | $776 | $656 |
| Asset Summary | |||
| Total Current Assets | $2,502 | $3,122 | $3,435 |
| Tangible Fixed Assets | $7,040 | $6,277 | $5,968 |
| Intangible Assets | $91 | $88 | $90 |
| Total Assets | $126,367 | $125,931 | $128,147 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $534 | $359 | $336 |
| Short-Term Debt | $2,266 | $2,587 | $2,762 |
| Other Current Liabilities | $2,634 | $2,327 | $2,709 |
| Liability Summary | |||
| Total Current Liabilities | $5,434 | $5,274 | $5,807 |
| Long-Term Debt | $7,666 | $7,954 | $7,801 |
| Other Long-Term Liabilities | $0 | $0 | $0 |
| Total Liabilities | $13,217 | $13,339 | $13,699 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $1,874 | $1,874 | $1,875 |
| Retained Earnings | $1,845 | $1,773 | $1,746 |
| Equity Summary | |||
| Total Equity | $4,181 | $4,042 | $3,988 |
| Shares Outstanding | 13,575,938,612 | 13,575,938,612 | 13,586,477,301 |