China Merchants Energy Shipping Co Ltd
SSE:601872
China Merchants Energy Shipping Co Ltd
Net Income (Common)
China Merchants Energy Shipping Co Ltd
Net Income (Common) Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Net Income (Common) | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
C
|
China Merchants Energy Shipping Co Ltd
SSE:601872
|
Net Income (Common)
¥4.4B
|
CAGR 3-Years
58%
|
CAGR 5-Years
20%
|
CAGR 10-Years
N/A
|
|
|
COSCO Shipping Energy Transportation Co Ltd
SSE:600026
|
Net Income (Common)
¥3.1B
|
CAGR 3-Years
N/A
|
CAGR 5-Years
26%
|
CAGR 10-Years
N/A
|
|
|
China Suntien Green Energy Corp Ltd
SSE:600956
|
Net Income (Common)
¥2.2B
|
CAGR 3-Years
14%
|
CAGR 5-Years
12%
|
CAGR 10-Years
N/A
|
|
|
Jiangxi Jovo Energy Co Ltd
SSE:605090
|
Net Income (Common)
¥1.3B
|
CAGR 3-Years
19%
|
CAGR 5-Years
50%
|
CAGR 10-Years
N/A
|
|
|
G
|
Guangzhou Development Group Inc
SSE:600098
|
Net Income (Common)
¥1.7B
|
CAGR 3-Years
29%
|
CAGR 5-Years
18%
|
CAGR 10-Years
3%
|
|
|
Oriental Energy Co Ltd
SZSE:002221
|
Net Income (Common)
¥165.3m
|
CAGR 3-Years
-48%
|
CAGR 5-Years
-33%
|
CAGR 10-Years
2%
|
|
China Merchants Energy Shipping Co Ltd
Glance View
China Merchants Energy Shipping Co Ltd (CMES) stands as a pivotal player in the global maritime industry, charting its course through the bustling waters of international trade. Born from the lineage of the venerable state-owned China Merchants Group, CMES sails the energy transportation seas with a robust fleet, specializing in oil and gas logistics. The company operates one of the largest and most diverse tanker fleets in the world, comprising very large crude carriers (VLCCs) and liquefied natural gas (LNG) carriers, among other vessels. By transporting essential energy resources across international waters, CMES plays a crucial role in satisfying the global thirst for energy, aligning its sails with the ebbs and flows of geopolitical and market dynamics. At the heart of CMES’s operations lies the intricate dance of supply and demand, orchestrated by long-term contracts and spot market charters with major oil giants and energy companies. The firm capitalizes on its strategic partnerships and economies of scale to optimize its fleet's utilization, focusing on operational efficiency and cost-effectiveness. This strategic navigation ensures steady streams of revenue, reinforced by its comprehensive marine logistics and support services, which complete the energy supply chain. Within this intricate oceanic ballet, CMES not only responds to the cyclical nature of the shipping industry but also sets its sights on sustainable practices, investing in greener technologies to future-proof its endeavors against the growing tides of environmental regulation and global climate commitments.
See Also
What is China Merchants Energy Shipping Co Ltd's Net Income (Common)?
Net Income (Common)
4.4B
CNY
Based on the financial report for Sep 30, 2024, China Merchants Energy Shipping Co Ltd's Net Income (Common) amounts to 4.4B CNY.
What is China Merchants Energy Shipping Co Ltd's Net Income (Common) growth rate?
Net Income (Common) CAGR 5Y
20%
Over the last year, the Net Income (Common) growth was -11%. The average annual Net Income (Common) growth rates for China Merchants Energy Shipping Co Ltd have been 58% over the past three years , 20% over the past five years .
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