COSCO SHIPPING HOLDINGS CO., LTD. 28 April 2017
Contents Part 1 Financial Review* Part 2Market & Business Review
Part 3Market Outlook & Development
Strategy
* The quarterly results were in accordance with Chinese Enterprise Accounting Standards and had not been audited.
1
COSCO SHIPPING Holdings Co., Ltd. Part 1 Financial ReviewHighlights
Consolidated Income Statement Consolidated Balance Sheet Consolidated Cash Flow
2
Highlights - a positive start of the year
Key Financials | 2017 Q1 RMB(mn) | 2016 Q1 RMB(mn) | YoY |
Revenue | 20,101 | 13,569 | 48.15% |
Net profit attributable to equity holders of the listed Company | 18,556 | 13,760 | 34.85% |
Net profit attributable to equity holders of the listed Company, net of non-recurring1 profit and loss | 91 | -2,144 | - |
Net cash flows generated from operating activities | -644 | -518 | -126 |
2017/3/31 RMB(mn) | 2016/12/31 RMB(mn) | Change | |
Equity attributable to the equity holders of the listed Company | 18,792 | 18,323 | 2.56% |
Total Asset | 120,574 | 119,653 | 0.77% |
Net Debt | 27,435 | 24,788 | 10.68% |
Net debt to total equity ratio (%) | 71.2% | 66.0% | +5.2PPs |
2017 Q1 RMB | 2016 Q1 RMB | YoY | |
Weighted average return on net assets (%) | 1.46 | -17.14 | +18.6PPs |
Basic EPS | 0.03 | -0.44 | - |
1. The non-recurring profit in 1Q2017 mainly included government subsidies of RMB218 mn.
3
China COSCO Holdings Company Limited published this content on 02 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 02 May 2017 00:43:08 UTC.
Original documenthttp://en.chinacosco.com/attach/101/Presentation of 2017 Q1 Results.pdf
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