600150 China CSSC
- 36.35
- -0.60-1.62%
China CSSC News
Express News | Sumeda Shipbuilding and China Shipbuilding Power Group sign 19 bulk carrier mainframe contracts
Express News | Delivery of the first ship for China's largest LNG carrier construction project
China Shipbuilding Hudong China: The world's first fifth-generation large-scale LNG ship was delivered. Currently, 34 orders for this model are on hand
The world's first fifth-generation “Changheng Series” 174,000 cubic meter large carrier “Lvnengying”, independently developed, designed and built by Hudong Zhonghua Shipbuilding Co., Ltd., a subsidiary of China Shipbuilding Group Co., Ltd., was named and delivered 5 months before the contract period at the Changxing Plant in East China. Currently, Hudong China has 58 orders for LNG carriers, of which 34 are large fifth-generation LNG carriers. In addition, it has delivered more than 40 LNG storage and transportation equipment. CNOOC's medium- to long-term FOB trade format will provide more operational convenience for cargo shipping and international trade, and greatly enhance the trade flexibility of resource importers.
Hong Kong Stock Concept Tracking | China Shipbuilding Group continues to receive large orders from institutions that are optimistic about the new shipbuilding cycle (with concept stocks)
In terms of CGT, China accounts for 52% of the world's new delivery orders.
Express News | SDIC Securities: Continued optimism about the new shipbuilding cycle
Revenues Working Against China CSSC Holdings Limited's (SHSE:600150) Share Price
You may think that with a price-to-sales (or "P/S") ratio of 2.1x China CSSC Holdings Limited (SHSE:600150) is a stock worth checking out, seeing as almost half of all the Machinery companies in China
China Shipbuilding (600150): Continued improvement in operations; global shipbuilding leaders are booming
The incident described that the company released its 2023 annual report and 2024 quarterly report. In 2023, it achieved revenue of 74.839 billion yuan, an increase of 25.81%; net profit to mother was 2,957 billion yuan, an increase of 1614.
China Shipbuilding (600150): Global shipbuilding leaders are booming and profits are improving
Key investment points 1. One-sentence logic Chinese shipping: leading shipbuilding company, benefiting from rising industry prosperity and continuous improvement in company profits. Core drivers: 1. The industry boom is rising, leading companies are taking the lead in receiving high-quality orders, 2. Supply is tight and shipping prices are rising
Express News | Dalian Shipbuilding signs contract for the purchase and sale of 10 24000 TEU LNG dual-fuel container ship propellers
Express News | China's first MK-III large thin-film LNG carrier docked
Express News | The first can of carbon dioxide products produced by the world's first full-process marine carbon capture system was officially delivered
Express News | Shanghai shipping companies delivered a ship in an average of 11.6 days and completed 50% of the annual delivery plan in early May
China Ship Leasing: Accumulated new loans at the end of 2023 accounted for 30.45% of net assets at the end of the previous year
China Shipbuilding Group (Hong Kong) Shipping Leasing Co., Ltd. announced that the Company's consolidated net assets as of December 31, 2023 were HK$12.830 billion and a loan balance of HK$31.333 billion. The Company's consolidated net assets as at 31 December 2022 were HK$11.642 billion, with a loan balance of HK$27.788 billion. As of the end of 2023, there were additional loans of HK$3,545 billion compared to the end of the previous year. The cumulative new loans accounted for 30.45% of net assets at the end of the previous year.
China Merchants Securities: The signing of an LNG ship order between Shanghai and China is expected to drive future performance growth of domestic shipyards
A single historic order was placed in East China, indicating that China's shipbuilding industry has made outstanding technological progress in the LNG carrier, a high-cost, high-quality ship type.
Delivery of the country's first 12,000 square meter LNG transport refueling vessel
Gelonghui, April 30 | Recently, the 12,000 cubic meter liquefied natural gas (LNG) tanker ship “Offshore Oil 302”, independently developed and designed by the Shanghai Shipbuilding Research and Design Institute, a subsidiary of China Shipbuilding Group Co., Ltd., and built by Nantong CIMC Pacific Offshore Engineering Co., Ltd. for Offshore Oil Yangjiang Industrial Co., Ltd., a subsidiary of CNOOC Energy Development Co., Ltd., was completed and delivered three months ahead of schedule. With its performance advantages such as “direct river-sea access” and “ice navigation”, the ship provides flexible refueling services for LNG vessels in China's rivers and seas. It is important to further optimize China's energy structure and accelerate the formation of green production methods
China Shipping (600150): Expense ratio accelerated improvement, cash flow reached a new high since listing
Core view: With only a small amount of impairment in 23Q4, the gross margin of shipbuilding is already close to 9%. The company released its 2023 annual report and quarterly report. In 23Q4, it achieved revenue of 25.2 billion yuan, a year-on-year ratio of 20.3%, and net profit of 396 million yuan to mother
China Shipping (600150): Performance is in line with expectations, profit has reached an upward inflection point
2023&1Q24 results are in line with our expectations that the company will achieve revenue of 74.839 billion yuan in 2023, +25.81% year-on-year; net profit to mother of 2,957 billion yuan, compared with 172 million yuan in 2022; deducted
Express News | 18 271,000 square meter LNG carriers! Chinese companies win the world's largest single shipbuilding order
China CSSC Holdings Limited (SHSE:600150) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
China CSSC Holdings (SHSE:600150) has had a great run on the share market with its stock up by a significant 22% over the last three months. But the company's key financial indicators appear to be d
The Chinese shipping sector fluctuated and weakened. China Dynamics fell by nearly 5%, followed by China's Haiphong, China Shipbuilding, China Shipbuilding Hanguang, and China Heavy Industries.
The Chinese shipping sector fluctuated and weakened. China Dynamics fell by nearly 5%, followed by China's Haiphong, China Shipbuilding, China Shipbuilding Hanguang, and China Heavy Industries.
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