CSSC Offshore & Marine Engineering Group Co Ltd

600685 · SHG · Industrials / Aerospace & Defense

24.87CNY-0.50 (-1.97%)

Price History

Full chart

Market Stats

Previous Close25.37

Open25.25

Day Range24.81 – 25.42

52-Week Range24.11 – 38.55

Volume8.90M

Market Cap40.58B

P/E (TTM)30.87

Forward P/E15.90

EPS0.93

Dividend Yield0.75%

Beta1.41

50-Day Avg26.99

200-Day Avg29.49

About

CSSC Offshore & Marine Engineering (Group) Company Limited manufactures and sells marine and defense equipment in the People's Republic of China, other regions in Asia, Europe, Oceania, North America, South America, and Africa. It operates through Defense Industry, Shipbuilding and Marine Industry, and Emerging Industries segments. The company provides defense equipment products, such as military ships, coast guard equipment, and official ships; marine and offshore products, including feeder container ships, bulk carriers, small and medium-sized gas carriers, dredging ships, and offshore engineering and wind power installation platforms; and energy equipment, high-end steel structures, engineering machinery, and industrial internet platforms. The company was formerly known as Guangzhou Shipyard International Company Limited and changed its name to CSSC Offshore & Marine Engineering (Group) Company Limited in June 2015. The company was founded in 1993 and is headquartered in Guangzhou, the People's Republic of China.

Company Details

SectorIndustrials
IndustryAerospace & Defense
CEOMr. Qiang Li
Employees4.46K
HeadquartersNo.10, Jibaosha North Road, Guangzhou, China, 511464, China
Websitehttps://comec.cssc.net.cn

Leadership

Mr. Qiang LiChief Financial Officer · b. 1989
Mr. Zhidong LiSecretary of the Board & Company Secretary · b. 1966
Mr. Qing XuDeputy General Manager · b. 1975
Mr. Jianbing HanDeputy General Manager · b. 1974
Mr. Hongbing WengExecutive Chairman · b. 1974

Financials

Income Statement

Currency: CNY	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: CNY	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	428.19M	591.53M	853.74M	775.62M	1.55B	1.83B	2.06B	1.68B	1.87B	2.28B	2.22B	2.08B	2.41B	2.84B	2.36B	2.73B	3.32B	5.91B	6.98B	6.55B	7.01B	8.30B	6.42B	5.84B	21.05B	25.52B	23.35B	22.92B	19.21B	21.83B	11.61B	11.67B	12.80B	16.15B	19.40B	20.55B
Growth (%)	-	+38.15%	+44.33%	-9.15%	+99.56%	+18.45%	+12.43%	-18.39%	+10.87%	+22.32%	-2.59%	-6.55%	+16.20%	+17.71%	-16.79%	+15.47%	+21.74%	+77.79%	+18.24%	-6.17%	+7.03%	+18.28%	-22.57%	-9.12%	+260.50%	+21.25%	-8.50%	-1.84%	-16.17%	+13.61%	-46.82%	+0.54%	+9.63%	+26.19%	+20.17%	+5.90%
Cost of Revenue	-	466.07M	722.60M	655.89M	-	1.60B	1.89B	1.52B	1.68B	1.98B	2.11B	1.98B	2.40B	2.75B	2.24B	2.51B	2.81B	4.92B	6.07B	5.76B	6.08B	7.37B	6.44B	5.95B	20.58B	25.39B	22.12B	21.89B	19.43B	21.15B	11.21B	10.66B	11.88B	15.26B	18.05B	18.48B
Gross Profit	428.19M	125.46M	131.14M	119.72M	1.55B	232.46M	168.56M	163.46M	181.84M	297.33M	111.17M	92.54M	9.26M	87.70M	118.61M	217.12M	515.48M	1.03B	913.62M	795.61M	937.31M	926.71M	-13.84M	-113.69M	468.75M	129.03M	1.23B	1.03B	-214.22M	683.43M	397.80M	1.01B	916.05M	885.02M	1.36B	2.07B
Gross Margin	100.00%	21.21%	15.36%	15.44%	100.00%	12.68%	8.18%	9.72%	9.75%	13.03%	5.00%	4.46%	0.38%	3.09%	5.02%	7.96%	15.52%	17.52%	13.08%	12.14%	13.36%	11.17%	-0.22%	-1.95%	2.23%	0.51%	5.27%	4.50%	-1.11%	3.13%	3.43%	8.63%	7.16%	5.48%	6.99%	10.06%
Operating Expense	346.08M	31.58M	52.46M	2.56M	1.36B	80.70M	129.24M	114.40M	196.08M	309.29M	855.48M	129.25M	244.85M	163.51M	155.73M	159.40M	235.95M	-74.85M	55.95M	398.25M	524.77M	532.94M	366.58M	517.28M	1.07B	-55.85M	1.25B	1.86B	2.74B	1.98B	-3.21B	902.60M	221.20M	814.86M	965.16M	1.67B
Operating Income	82.11M	93.87M	78.69M	117.16M	191.41M	151.76M	39.31M	49.06M	-14.25M	-11.95M	-744.31M	-36.70M	-235.59M	-75.81M	-37.11M	57.72M	279.53M	1.11B	857.67M	397.36M	412.54M	393.77M	-380.43M	-630.97M	-598.71M	184.88M	-18.06M	-829.19M	-2.95B	-1.30B	3.61B	104.16M	694.85M	70.16M	390.35M	395.11M
Operating Margin	19.18%	15.87%	9.22%	15.11%	12.37%	8.28%	1.91%	2.92%	-0.76%	-0.52%	-33.49%	-1.77%	-9.76%	-2.67%	-1.57%	2.12%	8.41%	18.79%	12.28%	6.06%	5.88%	4.75%	-5.92%	-10.81%	-2.84%	0.72%	-0.08%	-3.62%	-15.35%	-5.95%	31.08%	0.89%	5.43%	0.43%	2.01%	1.92%
EBITDA	428.19M	-36.69M	-65.01M	48.89M	1.55B	109.64M	31.35M	23.28M	90.55M	158.69M	-602.69M	135.86M	160.12M	174.75M	142.37M	207.75M	403.01M	1.51B	1.22B	758.43M	985.46M	795.30M	-249.28M	-303.05M	-173.59M	-658.20M	572.53M	488.80M	-829.18M	-56.62M	-242.00M	171.31M	157.12M	44.12M	260.19M	1.78B
EBITDA Margin	100.00%	-6.20%	-7.61%	6.30%	100.00%	5.98%	1.52%	1.38%	4.86%	6.96%	-27.12%	6.54%	6.64%	6.15%	6.02%	7.61%	12.13%	25.61%	17.49%	11.57%	14.05%	9.59%	-3.88%	-5.19%	-0.82%	-2.58%	2.45%	2.13%	-4.32%	-0.26%	-2.08%	1.47%	1.23%	0.27%	1.34%	8.66%
Net Income	54.49M	47.53M	67.66M	111.29M	157.34M	127.02M	33.30M	40.49M	19.03M	1.10M	-739.77M	8.98M	15.92M	43.05M	33.67M	98.19M	267.54M	940.66M	820.40M	514.96M	707.74M	518.33M	10.33M	-218.57M	423.70M	98.32M	71.22M	-50.51M	-1.87B	548.32M	3.66B	79.39M	688.46M	48.07M	377.26M	1.01B
Net Income Margin	12.73%	8.04%	7.92%	14.35%	10.17%	6.93%	1.62%	2.41%	1.02%	0.05%	-33.29%	0.43%	0.66%	1.52%	1.42%	3.60%	8.05%	15.93%	11.75%	7.86%	10.09%	6.25%	0.16%	-3.74%	2.01%	0.39%	0.31%	-0.22%	-9.73%	2.51%	31.55%	0.68%	5.38%	0.30%	1.94%	4.91%
R&D	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6.86M	-	3.67M	17.44M	45.18M	54.04M	81.46M	96.87M	82.09M	167.17M	440.94M	769.70M	656.73M	408.19M	497.56M	557.78M	590.36M	617.47M	576.25M	658.53M	888.46M	903.31M
R&D as % of Total Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.29%	-	0.11%	0.30%	0.65%	0.82%	1.16%	1.17%	1.28%	2.86%	2.10%	3.02%	2.81%	1.78%	2.59%	2.56%	5.09%	5.29%	4.50%	4.08%	4.58%	4.40%
Interest Expense	-	-	-	-	-	-	17.57M	-	37.62M	92.96M	53.40M	50.46M	49.11M	40.25M	22.05M	20.91M	10.27M	87.24M	199.42M	40.96M	35.25M	70.23M	93.12M	438.65M	573.33M	533.34M	457.37M	477.94M	384.15M	398.68M	176.57M	154.41M	179.55M	128.13M	128.34M	112.26M
Interest Expense % of Total Revenue	-	-	-	-	-	-	0.85%	-	2.02%	4.07%	2.40%	2.43%	2.04%	1.42%	0.93%	0.77%	0.31%	1.48%	2.86%	0.63%	0.50%	0.85%	1.45%	7.51%	2.72%	2.09%	1.96%	2.09%	2.00%	1.83%	1.52%	1.32%	1.40%	0.79%	0.66%	0.55%

Balance Sheet

Currency: CNY	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: CNY	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	-	-	-	2.00B	2.58B	3.03B	2.72B	3.17B	3.36B	3.47B	2.42B	2.51B	3.19B	2.51B	2.21B	2.54B	7.48B	11.03B	10.26B	9.81B	12.16B	11.89B	10.86B	12.60B	23.67B	49.00B	46.27B	44.16B	47.48B	52.30B	38.94B	44.27B	46.48B	50.86B	53.60B	56.02B
Total Liabilities	-	-	-	793.70M	2.58B	1.68B	1.36B	1.79B	1.96B	2.06B	1.73B	1.83B	2.50B	1.78B	1.45B	1.69B	6.32B	8.51B	7.42B	6.55B	8.40B	7.68B	6.62B	8.68B	18.00B	38.63B	35.86B	32.21B	33.12B	36.76B	21.39B	25.59B	27.73B	31.26B	32.43B	34.33B
Total Equity	-	-	-	1.20B	1.27B	1.32B	1.33B	1.34B	1.35B	1.35B	628.82M	617.73M	633.54M	676.59M	710.26M	808.46M	1.10B	2.45B	2.75B	3.17B	3.66B	4.11B	4.15B	3.90B	5.63B	10.32B	10.35B	10.41B	9.73B	10.15B	14.43B	15.52B	15.59B	16.42B	17.82B	18.23B
Cash	-	-	-	607.83M	225.93M	304.40M	130.23M	350.36M	164.67M	479.05M	173.66M	272.71M	284.85M	391.54M	377.70M	644.43M	4.34B	6.85B	6.13B	5.45B	7.22B	6.56B	6.12B	6.16B	8.17B	17.66B	12.35B	12.01B	10.34B	14.32B	8.77B	9.56B	14.81B	16.42B	15.26B	13.86B
Total Debt	-	-	-	440.05M	599.16M	868.79M	732.57M	852.43M	941.57M	1.36B	1.13B	972.94M	1.50B	878.45M	716.32M	260.50M	1.72B	2.04B	1.56B	1.64B	2.46B	2.85B	2.56B	2.72B	8.58B	15.21B	14.46B	15.30B	13.06B	14.59B	7.15B	6.23B	6.69B	4.22B	4.80B	-
Net Debt	-	-	-	-167.78M	373.22M	564.38M	602.33M	502.07M	776.90M	878.85M	957.81M	700.22M	1.21B	486.92M	338.62M	-383.93M	-2.62B	-4.81B	-4.57B	-3.82B	-4.76B	-3.72B	-3.56B	-3.43B	406.36M	-2.45B	2.11B	3.30B	2.72B	271.60M	-1.62B	-3.34B	-8.13B	-12.21B	-10.46B	-

Cash Flow

Currency: CNY	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: CNY	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-125.73M	18.83M	23.91M	333.83M	-385.73M	748.05M	205.31M	845.58M	2.62B	1.82B	-195.27M	-464.92M	1.04B	-1.18B	-147.65M	-277.36M	855.22M	-1.06B	-3.76B	-847.22M	-1.54B	3.74B	-1.02B	4.37B	2.02B	3.31B	-2.20B	-322.23M
Investing Cash Flow	-48.50M	-40.68M	-49.34M	-39.38M	-87.53M	-26.37M	-40.31M	-72.96M	-374.92M	240.33M	-760.57M	-267.26M	-1.06B	-1.54B	1.24B	313.54M	-162.43M	192.91M	5.79B	2.13B	-1.79B	-2.78B	-3.47B	-3.38B	3.47B	-3.14B	-428.00M	-
Financing Cash Flow	-10.36M	337.64M	-278.90M	-196.34M	485.69M	-614.48M	-181.05M	-506.04M	1.46B	352.26M	-681.88M	-197.42M	645.56M	683.50M	-303.93M	81.92M	-203.88M	1.53B	-1.81B	489.20M	180.10M	1.19B	-456.51M	-1.27B	121.86M	-1.62B	807.70M	-
Capital Expenditure	102.94M	46.65M	50.27M	69.78M	89.93M	28.77M	39.35M	88.93M	50.37M	77.11M	174.27M	369.61M	157.20M	332.78M	194.11M	142.95M	443.22M	855.50M	802.99M	630.29M	785.47M	870.29M	455.56M	293.67M	240.73M	554.30M	203.19M	285.18M
Free Cash Flow	-228.67M	-27.81M	-26.35M	264.05M	-475.66M	719.27M	165.96M	756.64M	2.57B	1.74B	-369.54M	-834.53M	881.69M	-1.52B	-341.76M	-420.31M	412.01M	-1.91B	-4.56B	-1.48B	-2.33B	2.87B	-1.48B	4.07B	1.77B	2.76B	-2.40B	-607.41M
Dividends Paid	95.77M	79.23M	59.56M	54.43M	45.92M	42.96M	18.43M	18.14M	9.42M	71.34M	417.76M	268.36M	165.05M	106.11M	101.58M	170.37M	509.98M	489.68M	753.47M	424.33M	431.02M	377.21M	154.95M	234.64M	195.06M	123.81M	137.31M	317.47M
FCF to OCF	181.88%	-147.69%	-110.20%	79.10%	123.31%	96.15%	80.83%	89.48%	98.08%	95.76%	189.25%	179.50%	84.87%	128.14%	231.47%	151.54%	48.18%	180.84%	121.35%	174.40%	150.84%	76.70%	144.47%	93.27%	88.05%	83.26%	109.25%	188.50%
Dividend Paid to FCF	-41.88%	-284.84%	-226.02%	20.61%	-9.65%	5.97%	11.11%	2.40%	0.37%	4.10%	-113.05%	-32.16%	18.72%	-7.00%	-29.72%	-40.53%	123.78%	-25.59%	-16.51%	-28.72%	-18.50%	13.17%	-10.47%	5.76%	10.99%	4.49%	-5.72%	-52.27%

Earnings

Report Date	Oct 30, 2012	Mar 26, 2013	Oct 25, 2013	Apr 25, 2014	Dec 3, 2014	Feb 16, 2015	Apr 28, 2015	Aug 26, 2015	Oct 30, 2015	Mar 24, 2016	Apr 26, 2016	Aug 30, 2016	Oct 28, 2016	Apr 28, 2017	Aug 30, 2017	Oct 27, 2017	Mar 29, 2018	Apr 27, 2018	Aug 23, 2018	Oct 30, 2018	Mar 22, 2019	Apr 27, 2019	Aug 29, 2019	Oct 31, 2019	Mar 27, 2020	Apr 30, 2020	Aug 29, 2020	Oct 31, 2020	Apr 30, 2021	Aug 30, 2021	Nov 1, 2021	Mar 29, 2022	Apr 29, 2022	Aug 30, 2022	Oct 28, 2022	Mar 31, 2023	Apr 27, 2023
EPS Estimate	0.14	0.06	0.01	-0.12	-	-	-	-	-0.09	0.10	-	-0.07	-	0.01	-	0.01	0.18	-	0.11	-	-0.89	-	0.06	-	0.04	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	-0.07	-0.10	0.02	-0.15	-0.33	0.80	-0.16	-0.23	-0.30	0.76	0.00	0.03	-0.02	0.01	0.02	-0.16	0.19	0.02	-0.23	-0.20	-0.91	-0.15	0.43	-0.33	0.44	2.28	-0.08	0.15	0.24	-0.05	0.07	0.05	-0.01	0.02	0.00	0.47	-0.02
Surprise	-150.00%	-266.67%	100.00%	-25.00%	-	-	-	-	-233.33%	660.00%	-	142.86%	-	0.00%	-	-1700.00%	5.56%	-	-309.09%	-	-2.25%	-	616.67%	-	1000.00%	-	-	-	-	-	-	-	-	-	-	-	-
Timing	After-hours	Pre-market	Pre-market	Pre-market	-	-	-	-	After-hours	After-hours	-	After-hours	-	After-hours	-	After-hours	Pre-market	-	Pre-market	-	Pre-market	-	Pre-market	-	Pre-market	-	-	-	-	-	-	-	Pre-market	After-hours	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap40.58B

Enterprise Value18.52B

Trailing P/E30.87

Forward P/E15.90

PEG Ratio0.30

Price / Sales1.89

Price / Book2.16

EPS0.93

Book Value13.43

Revenue (TTM)21.49B

Gross Profit (TTM)2.09B

EBITDA632.12M

Profit Margin6.13%

Operating Margin1.89%

Return on Equity6.76%

Return on Assets0.27%

Shares Outstanding821.44M

Shares Float598.72M

Beta1.41

Dividend Yield0.75%

Dividend Rate0.22

Payout Ratio16.08%

Dividends

20231×

0.01Jul 20, 2023

20221×

0.14Jul 13, 2022

20211×

0.17Jul 20, 2021

20171×

0.02Jul 20, 2017

20161×

0.03Jul 20, 2016

20141×

0.01Jun 27, 2014

20131×

0.12Jul 17, 2013

20111×

0.10Jul 20, 2011

20101×

0.22Jul 7, 2010

20091×

0.35Jun 26, 2009

20081×

0.38May 30, 2008

19991×

0.02Jul 14, 1999

19981×

0.04Jul 16, 1998

19971×

0.04Jun 9, 1997

19961×

0.12Jun 10, 1996

Stock Splits

Jul 20, 201113:10