COSCO SHIPPING Development Co., Ltd. (02866.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	32.3B	25.2B	27.6B	15.7B	25.6B
Cost of Revenue	27.0B	20.4B	22.8B	10.9B	18.4B
Gross Profit	5.2B	4.8B	4.8B	4.8B	7.3B
Operating Expenses
R&D Expense	30.3M	39.0M	61.1M	86.9M	94.2M
SG&A Expense	741.3M	105.3M	158.9M	146.4M	128.7M
General & Admin Expense	282.6M	96.6M	149.1M	137.7M	114.5M
Selling & Marketing Expense	8.2M	8.7M	9.9M	8.7M	14.2M
Other Expenses	991.3M	2.6B	2.8B	3.2B	1.0B
Total Operating Expenses	1.8B	2.8B	3.0B	3.4B	1.2B
Cost and Expenses	28.8B	23.1B	25.8B	14.3B	19.6B
Operating Income (EBIT)	3.5B	2.1B	1.8B	1.4B	9.0B
Non-Operating
Interest Income	157.0M	118.5M	139.0M	88.3M	85.5M
Interest Expense	4.1B	3.6B	4.1B	3.9B	2.5B
Net Interest Income	(4.0B)	(3.5B)	(3.9B)	(3.8B)	(2.4B)
Other Non-Op Income/Expense	(1.1B)	(6.3M)	(24.3M)	(29.0M)	(26.5M)
Non-Operating Income (excl Interest)	(1.3B)	(3.6B)	(4.0B)	(3.9B)	(2.5B)
EBT (Pre-Tax Income)	2.3B	2.1B	1.8B	1.4B	4.8B
Income Tax Expense	254.8M	329.0M	125.1M	(26.6M)	904.9M
Bottom Line
Net Income	2.0B	1.6B	1.7B	1.4B	3.9B
Earnings from Cont. Ops	2.1B	1.7B	1.6B	1.4B	3.9B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	2.0B	1.6B	1.7B	1.4B	3.9B
Per Share
Basic EPS	HK$0.15	HK$0.12	HK$0.12	HK$0.10	HK$0.29
Diluted EPS	HK$0.15	HK$0.12	HK$0.12	HK$0.10	HK$0.29
Revenue Per Share	HK$2.45	HK$1.89	HK$2.04	HK$1.16	HK$1.90
Shares
Basic Shares Outstanding	13.2B	13.3B	13.5B	13.5B	13.5B
Diluted Shares Outstanding	13.2B	13.3B	13.5B	13.5B	13.5B
Profitability Metrics
EBITDA	6.1B	8.7B	8.6B	7.8B	9.6B
D&A	3.0B	3.0B	2.8B	2.5B	2.3B
EBIT	4.7B	5.7B	5.8B	5.3B	7.3B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026