COSCO SHIPPING Development Co Ltd operates in the Equipment rental & leasing sector.
In addition to historical fundamental analyses, the complete report available to purchase compares COSCO SHIPPING Development Co Ltd with three other
rental and leasing companies in Asia:
Coway Co Ltd
of South Korea
sales of 2.52 trillion Korean Won [US$2.25 billion]
of which 80%
was Rent of Water Purifier),
Kanamoto Co., Ltd.
(158.43 billion Japanese Yen [US$1.41 billion]
of which 90%
was Construction-Related Business), and
Ricoh Leasing Company, Ltd.
based in Japan
(291.12 billion Japanese Yen [US$2.58 billion]
of which 97%
was Lease Installment).
COSCO SHIPPING Development Co Ltd reported sales of 16.26 billion Chinese Renmimbi (US$2.37 billion)
December of 2017.
increase of 4.7%
versus 2016, when the company's sales were 15.53 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2015, when COSCO SHIPPING Development Co Ltd
reported sales of 31.83 billion Chinese Renmimbi.
Sales of Container saw an increase
that was more than double the company's growth rate: sales were up
268.3% in 2017, from
1.48 billion Chinese Renmimbi to 5.47 billion Chinese Renmimbi.
Not all segments of COSCO SHIPPING Development Co Ltd experienced an increase in sales in 2017:
sales of Others fell 50.0% to 12.44 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).