Cosco Shipping International (hong Kong) Co., Ltd. · HKEX:517
Cosco Shipping International (hong Kong) — H1 2026 Earnings Presentation
26 slides from Cosco Shipping International (hong Kong)'s earnings presentation, Aug 28, 2026
Slide 1: Intelligence Enabling a Green Maritime Future: Interim Results 2026
INTELLIGENCE ENABLING A GREEN MARITIME INTERIM RESULTS 2026 FUTURE 1
Slide 2: Agenda
COSCO SHIPPING International Hong Kong Strives to Generate Sustainable Value for the Shareholders. AGENDA 01 02 03 Results Financials Introduction Highlights Overview 04 05 06 Segment Market & Appendix Performance Prospects 2
Slide 3: Introduction
INTRODUCTION WORLD’S LEADING PROVIDER OF FULL LIFE-CYCLE GREEN AND INTELLIGENT SHIPPING SERVICES COSCO SHIPPING International aims to provide global customers with green, low-carbon and digital intelligent solutions throughout the ship’s full life cycle. Focusing on the two development pathways of g
Slide 4: About COSCO SHIPPING Int'l Hong Kong
ABOUT COSCO SHIPPING INT’L HONGKONG 4
Slide 5: Corporate Structure
COPORATE STRUCTURE ums, 00800 SHIPPING rs Ultimate Parent yw ie = ,(.&1 COSCO SHIPPING en eS itl Hong Kong ana | 71.7% > seo COSCO SHIPPING “xees* International t a .. (3) SUBSIDIARIES S) JOINT VENTURES | @ ASSOCIATES }ioo% }100% Jro0% ]63.07%- 64.71% ]e0% i aes | o | img i Jotuncosco. | Zhejiang Fo
Slide 6: Results Highlights
RESULTS HIGHLIGHTS Resilient Core, Diversified Growth: Navigating Headwinds with Operational Excellence Revenue +8%, Operating Profit +14%: Delivering Growth Amid Global Uncertainty INTERIM RESULTS PROFIT & OVERVIEW OPERATIONAL METRICS 6
Slide 7: Interim Results Overview
INTERIM RESU LTS OVERVIEW % REVENUE INCREASE Fo ix: GROSS PROFIT \\ GROSS PROFIT PROFIT BEFORE INCOME TAX <4 INCOME & NET EXCHANGE GAINS oA COATINGS C___s INCREASED BY 4% TO FROM THE CORE BUSINESS OF je) 3 HKs516, 793,000 ee MAINLY —>| (0) INSURANCE i DUETO BROKERAGE FROM THE CORE BUSINESS OF REVENU
Slide 8: Profit & Operational Metrics
PROFIT & OPERATIONAL METRICS FINANCIAL MARGINS & RETURNS OPERATIONAL TURNOVERS Gross Profit Margin Operating Profit Margin Inventory Trunovevr Reveivables Turnover Reasons Reasons Reasons (%) (%) Reasons 12.9 13.6 25.8 -1.1ppts, driven +0.7 ppts, on The slowdown Slightly improved, 24.7 22.3 by the c
Slide 9: Financials Overview
FINANCIALS OVERVIEW Fortress Balance Sheet, Unmatched Flexibility: HK$6 Billion Net Cash Fueling Future Growth HK$6 Billion Net Cash, Zero Debt, 80% Equity-Funded, and industry-leading liquidity FINANCIAL HIGHLIGHTS BALANCE SHEET ANALYSIS 9
Slide 10: Financial Highlights
FINANCIAL HIGHLIGHTS Liquidity Ratios Solvency & Leverage Ratios Total Assets +10% Current Ratio Debt to Equity Reasons HK$10.5 billion Reasons (times) (%) 5.65 Higher trade HK$, 000 Drew down Other non- 4.28 payables, and Current 0.14 short-term Assets short-term Investment in 862,909 borrowings of
Slide 11: Balance Sheet Analysis
BALANCE SHEET ANALYSIS Item (HK$'000) 31 Dec 2025 30 Jun 2026 Change % Change Reason for Change Driven by significant increases in trade receivables Total Assets 9,505,783 10,460,097 954,314 10.00% (+HK$727.3m). Primarily due to a surge in trade payables (+HK$368.8m), Total Liabilities 1,237,049 2,0
Slide 12: Segment Performance
SEGMENT PERFORMANCE Full-lifecycle services, building a resilient future. REVENUE BREAKDOWN PBT OF SHIPPING SERVICES SEGMENT FINANCIAL AND OPERATIONAL PERFORMANCE 12
Slide 13: Revenue Breakdown
REVENUE BREAKDOWN 1H2026 V.S. 1H2025 YEAR-ON-YEAR GROWTH ： 1H2026 TOTAL REVENUE CONTRIBUTION（%） 1H2026 Revenue (HK$000) 1H2025 Revenue (HK$000) +13.4% +2.6% +25.3% +18.5% -99.9% 822,892 909,221 933,460 886,183 149,924 119,639 97,747 97,791 5,859 2,079 1,754 19 1H 2026 Total (HK$000) g ng ng gs t ge
Slide 14: PBT of Shipping Services
PBT OF SHIPPING SERVICES Profit Before Tax 1H2026 vs 1H2025 Supply of Marine Ship Trading Insurance Intelligent Coatings Equipment Agency Brokerage Shipping Services 440,812,000 ←+7.2% 1H2026 1H2025 1H2026 1H2025 1H2026 1H2025 1H2026 1H2025 1H2026 1H2025 410,991,000 HK$000 HK$000 HK$000 HK$000 HK$00
Slide 15: Ship Trading Agency: Financial and Operational Performance
FINANCIAL PERFORMANCE REVENUE PROFIT BEFORE TAX REASONS 1H 2026 1H 2025 1H 2026 1H 2025 HK$97,747,000 HK$97,791,000 HK$70,067,000 HK$81,809,000 CHANGE IN VESSEL TYPE & STRUCTURE OF NEWBUILD Remained Flat Down 14% YoY DELIVERIES, LEADING TO LOWER COMMISSION RATES. OPERATIONAL PERFORMANCE NEWBUILD DEL
Slide 16: Insurance Brokerage: Financial Performance and Growth Drivers
FINANCIAL PERFORMANCE PROFIT MARGIN & GROWTH DRIVERS REVENUE PBT MARGIN 74.5% 70.1% 64.0% HK$119,639,000 HK$149,924,000 +25% YoY 1H2025 2H2025 1H2026 1H2025 2H2025 1H2026 KEY GROWTH DRIVERS 1. NOTABLE GROWTH IN COMMISSION FROM PROFIT BEFORE TAX HULL AND P&I INSURANCE 2. INCREASE NUMBER OF THE DELIVE
Slide 17: Supply of Marine Equipment: Financial Performance
FINANCIAL PERFORMANCE PBT MARGIN 1H2026: 6.16% 56,003 / 909,221 REVENUE +3% 1H2026 YoY 1H2025: 6.11% HK$909,221,000 54,103 / 886,183 1H2025 HK$886,183,000 REASON OF STABILIZED PERFORMANCE PROFIT BEFORE TAX +4% 1H2026 YoY HK$56,003,000 SUPPLY-CHAIN IS STABILIZING 1H2025 HK$54,103,000 17
Slide 18: Coatings: Financial Performance and Sales Volume
FINANCIAL PERFORMANCE SEGMENT SALES VOLUME & REASONS OF PERFORMANCE REVENUE PROFIT BEFORE TAX* CONTAINER COATINGS NEWBUILDS HK$933,460,000 HK$217,924,000* 37,060 tonnes 58,494,000 litres UP 13% YoY UP 7% YoY UP 29% YoY UP 20% YoY 1H25: HK$822,892,000 1H25: HK$204,138,000 1H25: 28,723 tonnes 1H25: 48
Slide 19: Intelligent Shipping Services
CORE INTELLIGENT SOLUTIONS & FULL LIFE CYCLE Geeetiaiita) INTELLIGENT SHIPPING SERVICES COSCO SHIPPING Sm DIGITAL INTELLIGENT VESSEL SOLUTIONS : - EQUITY INTERESTS ob @ Tease © 2 art-Sailing R&D GREEN & LOW-CARBON QW, 52 TECHNOLOG) Hi Seems c = wa TT g xy 7 H a {i ull i SECURE DATA. OPTIMIZATION. R&
Slide 20: Market & Prospects
MARKET & PROSPECTS Integrated Strength. Intelligent Solutions. Sustainable Growth. Navigating 2026's complexity with end-to-end shipping services built for resilience. CHINA SHIPBUILDING CHINA CONTAINER MARKET COATING MARKET 20
Slide 21: China Shipbuilding Market
CHINA SHIPBUILDING MARKET 21
Slide 22: China Container Coating Market
CHINA CONTAINER COATING MARKET nv 0.6737 mn 22
Slide 23: Appendix: Ship Life-Cycle: Design to Recycling
APPENDIX | SHIP LIFE-CYCLE: DESIGN TO RECYCLING =e BLOCK ; COMMAND CENTER ASSEMBLY k Paci} - oa [ LAUNCHING } af (2) = PREDICTIVE. MAINTENANCE (Al) venetiance © MONITORING ROUTE. ‘CONCEPTUAL f : ' ‘ 8 4 Ne Desicn =. Ss OPTIMIZATION. (Sy CARGO EMISSIONS
Slide 24: 5-Year Semi-annually Segmental Performance (Revenue)
APPENDIX 1 5-Year Semi-annually Segmental Performance Item (HK$'000) 2H2021 1H2022 2H2022 1H2023 2H2023 1H2024 2H2024 1H2025 2H2025 1H2026 Coatings 903,361 528,020 539,133 428,884 397,161 595,777 748,370 822,892 810,513 933,460 Supply of equipment 772,884 897,724 772,097 907,067 817,951 909,982 904,
Slide 25: 5-Year Semi-annually Segmental Performance (Profit)
APPENDIX 2 5-Year Semi-annually Segmental Performance Item (HK$'000) 2H2021 1H2022 2H2022 1H2023 2H2023 1H2024 2H2024 1H2025 2H2025 1H2026 Coatings 44,000 49,933 102,429 125,118 129,526 169,697 160,054 204,138 226,258 217,924 Supply of equipment 49,615 52,207 36,819 56,572 50,124 56,853 57,261 54,10
Slide 26: Disclaimer
Disclaimer This presentation has been prepared by COSCO SHIPPING International (Hong Kong) (the “Company”, together with its subsidiaries, the “Group”) solely for information purposes and the information contained herein has not been independently verified. No representation or warranty, express or
COSCO SHIPPING International (Hong Kong) — H1 2026 Earnings Presentation on 6ix