智通财经网·2026-01-26 02:04Core Viewpoint - COSCO Shipping Energy (01138) has seen a nearly 5% increase in stock price, reaching HKD 13.54, with a trading volume of HKD 108 million, following new sanctions imposed by the U.S. Treasury Department on entities related to Iran's energy and shipping sectors [1]. Group 1: Market Impact - The U.S. Treasury's Office of Foreign Assets Control (OFAC) announced new sanctions targeting entities and vessels associated with Iran's oil, energy, and derivatives exports [1]. - The sanctions are expected to impact the shipping and management networks that assist in Iran's oil exports, potentially benefiting companies like COSCO Shipping Energy [1]. Group 2: Financial Performance - According to Citic Securities, COSCO Shipping Energy and China Merchants Energy are expected to show significant earnings elasticity due to their scalable tanker capacity [1]. - For instance, a daily increase of USD 10,000 in Time Charter Equivalent (TCE) is projected to raise annual net profits by approximately CNY 950 million for COSCO Shipping Energy [1]. - The report indicates that the current valuation of A-share shipping companies has room for improvement, with expected price-to-earnings (PE) ratios reaching 13-15 times following upward adjustments in earnings forecasts [1]. Group 3: Future Outlook - If the compliant market supply and demand improve further, it could enhance the valuations of shipping companies [1]. - There is an emphasis on recognizing the discount opportunities in related Hong Kong-listed stocks [1].