601872 China Merchants Energy Shipping
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China Merchants Energy Shipping News
China Merchants Energy Shipping Inks 10 Billion Yuan Deal With QatarEnergy
China Merchants Energy Shipping (SHA:601872), through its subsidiary China Merchants Qiyun, signed a 10 billion yuan contract to build and lease four liquefied natural gas (LNG) carriers to QatarEnerg
China Merchants Shipping (601872.SH): Signed long-term transportation and shipbuilding agreement for Qatar Energy LNG transportation project
Gelonghui, May 6 | China Merchants Shipping (601872.SH) announced that recently, four single shipping companies under China Merchants Gas Transport and Qatar Energy held a 25+5-year “Long-term Transportation Agreement” signing ceremony for 4 QCMAX LNG carriers in Beijing. After the ceremony, the two sides signed a separate agreement, which came into effect on May 2. On the same day, the “Ship Construction Agreement” with Hudong Shipyard for 4 QCMAX LNG carriers was signed and entered into force. The total cost of the ship was approximately RMB 10 billion.
Does China Merchants Energy Shipping (SHSE:601872) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' When we think about how
China Merchants Shipping (601872): First-quarter results are in line with expectations, mid-term dividends show value
Core view: Incident: The company released its 2024 quarterly report and achieved revenue of 6.254 billion yuan in the first quarter of 2024, +6.30% year over year; net profit to mother was 1,375 billion yuan, +22.62% year over year; no return
CHINA MERCHANTS ENERGY SHIPPING(601872):1Q24 RESULTS IN LINE;ANNOUNCING INTERIM DIVIDEND PAYMENT
1Q24 results in line with our expectations China Merchants Energy Shipping (CM E
China Merchants Shipping (601872): 24Q1 Oil Dispersion Double Hit Mid-Term Special Dividend Exceeds Expectations
Key Investment Company Announces 24Q1 Results: Revenue of 6.254 billion yuan, up 6.3% year on year, achieving net profit of 1,375 billion yuan, up 22.6% year on year, net profit from non-return to mother of 1,359 billion yuan, year-on-year increase
China Merchants Shipping (601872): Oil dispersion resonance drives upward performance and is expected to achieve dividends in the medium term
China Merchants Shipping released its 2024 quarterly report. In the first quarter of 2024, China Merchants Shipping achieved operating income of 6.254 billion yuan, an increase of 6.30% over the previous year, and realized net profit of 1,375 billion yuan to mother, an increase of 22.62% over the previous year.
China Merchants Shipping (601872) review: The performance slightly exceeded expectations, and the mid-term dividend gave back 50% to shareholders
Incident: China Merchants Shipping announced results for the 1st quarter of 2024. In the first quarter of 2024, the company's net profit to mother was 1,375 million yuan, up 22.62% year on year; the company deducted non-net profit of 1,359 billion yuan, up year on year
China Merchants Shipping (601872): Achieved net profit of 1.38 billion yuan in 24Q1, a 23% year-on-year increase. The mid-term dividend plan emphasizes shareholder returns
Company announcement 2024 quarterly report: 1) Financial data: 2024Q1 achieved revenue of 6.25 billion yuan, +6.3% year over year; net profit to mother of 1.38 billion yuan, +22.6% year over year; net profit without return to mother of 13.6 billion yuan
Express News | China Merchants Shipping signs long-term lease agreement with Qatar Energy Company
Express News | China Merchants Shipping: Net profit increased 22.62% year-on-year in the first quarter
China Merchants Shipping (601872): Bulk cargo transportation exceeds expectations in the off-season, tanker transportation is steady, moderate and positive
Incident: China Merchants Shipping announced its 2023 annual report and 2024 quarterly report. The company achieved operating income of 25.88 billion yuan in 2023, a year-on-year decrease of 12.9%, and achieved net profit of 4.84 billion yuan to mother, a year-on-year decrease
Deep* Company* China Merchants Shipping (601872): Oil transportation performance has increased sharply, and distribution performance is expected to resume in 2024
The company disclosed its full-year results for 2023. The company's annual revenue reached 25.881 billion yuan, a year-on-year decrease of 12.88%; net profit to mother reached 4.837 billion yuan, a year-on-year decrease of 4.92%, affecting the bulk market and concentration
Bank of China Securities released a research report on April 23 stating that China Merchants Shipping (601872.SH) was rated to increase its holdings. The main reasons for the rating include: 1) higher crude oil exports from the US Gulf and Russia, and hig
Bank of China Securities released a research report on April 23 stating that China Merchants Shipping (601872.SH) was rated to increase its holdings. The main reasons for the rating include: 1) higher crude oil exports from the US Gulf and Russia, and higher oil freight rates contributed to increased performance; 2) the overall distribution boom in 2023 was under pressure, and profitability declined; 3) Looking ahead to the future market, the oil transportation supply and demand pattern will continue to improve in 2024. The medium- to long-term oil freight center is expected to increase, and shipping and distribution is waiting for economic recovery to drive up demand. (Mainichi Keizai Shimbun)
The shipping sector fluctuated and weakened, with Phoenix Shipping falling to a standstill during the intraday period. China Merchants Shipping, COSCO Marine, China Southern Oil, Ningbo Ocean, and Air China Ocean registered the highest declines.
The shipping sector fluctuated and weakened, with Phoenix Shipping falling to a standstill during the intraday period. China Merchants Shipping, COSCO Marine, China Southern Oil, Ningbo Ocean, and Air China Ocean registered the highest declines.
Zheshang Securities: Geographical conflict intensifies freight rate fluctuations, increasing demand in emerging countries drives up demand for oil transportation
The Zhitong Finance App learned that Zheshang Securities released a research report saying that current orders are historically low, supply rigidity is determined, global inventory replenishment provides demand-side support, and increased demand from emerging Asia-Pacific countries such as China and India is driving up demand for oil transportation. The restructuring of global oil trade after the Russia-Ukraine conflict led to a significant increase in transit distances. Furthermore, against the backdrop of production cuts in the Middle East, shipments from long-distance regions such as the Gulf of America, South America, and West Africa have increased, which is expected to further drive up demand for tons and nautical miles. Continue to be optimistic about the interpretation of the oil boom cycle and recommend COSCO Haineng (600026.SH), China Merchants Shipping (601872.SH), and China Merchants Nanyou (601)
Shipping stocks fluctuated and rallied. Phoenix Shipping continued to rise, with Air China Ocean, Ningbo Ocean, Jinjiang Shipping, Haitong Development, Ningbo Shipping, and China Merchants Shipping. According to news, the European shipping index surged mo
Shipping stocks fluctuated and rallied. Phoenix Shipping continued to rise, with Air China Ocean, Ningbo Ocean, Jinjiang Shipping, Haitong Development, Ningbo Shipping, and China Merchants Shipping. According to news, the European shipping index surged more than 8% in early trading, and hit a new high since listing.
The port shipping sector declined in the afternoon, with Phoenix Shipping falling more than 3%, followed by China Southern Oil, COSCO Marine, Qingdao Port, China Merchants Shipping, and Jinzhou Port.
The port shipping sector declined in the afternoon, with Phoenix Shipping falling more than 3%, followed by China Southern Oil, COSCO Marine, Qingdao Port, China Merchants Shipping, and Jinzhou Port.
Investors Don't See Light At End Of China Merchants Energy Shipping Co., Ltd.'s (SHSE:601872) Tunnel
China Merchants Energy Shipping Co., Ltd.'s (SHSE:601872) price-to-earnings (or "P/E") ratio of 14.7x might make it look like a buy right now compared to the market in China, where around half of the
Regarding performance and dividends, a number of listed companies under China Merchants Group responded like this | Direct access to the results meeting
① Yesterday, the five listed companies of the China Merchants Group responded centrally to the new “National Nine Rules” market value management and dividends; ② China Merchants Shipping and Sinotrans said they would actively give back to shareholders in line with the company's business conditions and funding arrangements; China Southern Petroleum said they would formulate a workable loss compensation plan in the context of the new “Company Law” to achieve early implementation of dividends.
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