COSCO SHIP HOLD(601919)2025-01-10 09:15Financial Projections - For the fiscal year 2024, the company expects EBIT to be approximately RMB 69.926 billion, an increase of about 90.67% compared to the previous year[3]. - The projected net profit for 2024 is approximately RMB 55.372 billion, representing a growth of about 94.99% year-over-year[3]. - The net profit attributable to shareholders is expected to be around RMB 49.082 billion, reflecting an increase of approximately 105.71% compared to the previous year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be about RMB 48.989 billion, which is an increase of approximately 106.25% year-over-year[3]. - In 2023, the company reported a total profit of approximately RMB 33.080 billion and an EBIT of about RMB 36.673 billion[5]. - There are no significant uncertainties affecting the accuracy of the performance forecast[7]. - The financial data provided is preliminary and subject to confirmation in the official 2024 annual report[8]. Market and Strategy Insights - The company attributes the performance increase to a moderate growth in container shipping market volume and relatively high market rates due to insufficient effective capacity supply[6]. - The company is focused on enhancing global supply chain resilience and developing an integrated service brand in "container shipping + ports + related logistics" to improve core competitiveness[6]. - The company emphasizes a strategy of "seeking progress while maintaining stability" in its main shipping routes and "seeking innovation through advancement" in digital intelligence and green low-carbon sectors[6].