COSCO SHIPPING Development Co., Ltd., together with its subsidiaries, provides vessel chartering and container leasing services. It operates through Shipping and Industry-Related Leasing, Container Manufacturing, and Investment and Financial Services segments. The company manufactures and sells containers; and offers operating leasing, equity or debt investment, and insurance brokerage, as well as financial leasing services in the areas of health care, education, energy, construction, and industrial communication. As of December 31, 2021, it had 74 container ships. The company was formerly known as China Shipping Container Lines Company Limited and changed its name to COSCO SHIPPING Development Co., Ltd. in December 2016. COSCO SHIPPING Development Co., Ltd. was founded in 1997 and is headquartered in Shanghai, the People's Republic of China.
P/S ratio for COSCO SHIPPING Development Co., Ltd. (601866.SS)
P/S ratio as of 2023: 2.03
According to COSCO SHIPPING Development Co., Ltd.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.03. At the end of 2022 the company had a P/S ratio of 1.28.
P/S ratio history for COSCO SHIPPING Development Co., Ltd. from 2003 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 2.03 |
| 2022 | 1.28 |
| 2021 | 1.18 |
| 2020 | 1.80 |
| 2019 | 2.10 |
| 2018 | 1.58 |
| 2017 | 2.47 |
| 2016 | 2.97 |
| 2015 | 2.58 |
| 2014 | 1.59 |
| 2013 | 0.84 |
| 2012 | 0.88 |
| 2011 | 1.00 |
| 2010 | 1.50 |
| 2009 | 2.71 |
| 2008 | 0.88 |
| 2007 | 2.90 |
| 2006 | 3.39 |
| 2005 | 2.44 |
| 2004 | 2.63 |
| 2003 | 3.75 |