Cosco Shipping Ports Limited · HKEX:1199
Cosco Shipping Ports — FY2024 Earnings Presentation
25 slides from Cosco Shipping Ports's earnings presentation, March 2025
Slide 1: 2024 Results Presentation
2024 Results Presentation March 2025
Slide 2: Content
02 Content 02. 03. 04. 01. 05. 06. Financial Operational Strategy & Highlights Q&A Appendix Performance Review Outlook
Slide 3: Highlights
03 Highlights 02. 03. 04. 01. Financial Operational Strategy & 05. 06. Highlights Q&A Appendix Performance Review Outlook
Slide 4: 2024 Highlights
04 Highlights 2024 HIGHLIGHTS “In 2024, our company achieved steady growth amidst many challenges” 2024 2024 2024 2024 2024 Total Throughput Revenue EBITDA Finance cost JVs & Associates Profits +6.1% +3.3% +2.3% -13.8% +7.5% Throughput rose by 6.1% YoY to Revenue rose by 3.3% YoY to EBITDA rose by 2
Slide 5: Financial Performance
05 Financial Performance 01. 02. 03. 04. 05. 06. Financial Operational Strategy & Highlights Q&A Appendix Performance Review Outlook
Slide 6: EBITDA Growth Driven by Operational Improvement
06 EBITDA Growth Driven by Operational Improvement 01 Revenue YOY YOY JVs & Associates Profits 1,503.0 M USD +3.3% 320.1 M USD +7.5% YOY Profit attributable to YOY EBITDA shareholders 842.7 M USD +2.3% 308.8 M USD -4.8% YOY Dividends per Share Net Finance Costs YOY 123.2 M USD -13.8% 3.400 US Cents
Slide 7: Revenue Growth Driven by Overseas Subsidiary Terminals
07 Revenue Growth Driven by Overseas Subsidiary Terminals 2024 Revenue 2024 GPM FY2024 Subsidiaries revenue (US$ Million) and GPM (%) (US$ Million) (pps) Chinese Subsidiary China Subsidiary 718.9 (+1.8%) 36.6% (-1.3pps) Overseas Subsidiary Overseas Subsidiary 784.1 (+4.8%) 19.6% (-0.8pps) 55.0% Xiam
Slide 8: Total Terminal Profit Rose by 3.9% in 4Q2024
08 Total Terminal Profit Rose by 3.9% in 4Q2024 Chinese terminal profit (US$ Million) Total terminal profit (US$ Million) 400 +1.9% Y/Y 500 +0.3% Y/Y 300 -1.7% Y/Y 450 400 200 353.7 360.5 -3.4% Y/Y 350 276.5 277.4 +7.6% Y/Y 100 300 77.2 83.1 250 0 431.6 424.4 9M2023 9M2024 4Q2023 4Q2024 FY2023 FY202
Slide 9: Effective Finance Cost Control and Management
09 Effective Finance Cost Control and Management USD Million As of 31 Dec 2023 As of 31 Dec 2024 Healthy Financial Position Drives Sustainable Development ➢ Stable cash and bank balance will help our company to continue seeking Total assets 11,931.9 12,021.4 new investment opportunities； Total Liabi
Slide 10: Operational Review
10 Operational Review 01. 02. 03. 04. 05. 06. Financial Operational Strategy & Highlights Q&A Appendix Performance Review Outlook
Slide 11: Total Throughput Posted YoY Growth Across All Regions
11 Total Throughput Posted YoY Growth Across All Regions Total Throughput in 2024 continued to show positive Equity Throughput +6.1% Throughput +4.5% trends; total throughput in all regions recorded 144.0 M TEU YoY growth 45.3 M TEU FY2024 Total Throughput by Region (M TEU) FY2024 Equity Throughput
Slide 12: YoY Throughput Growth from All Shipping Alliances Base
12 YoY Throughput Growth from All Shipping Alliances Base Throughput of subsidiaries in 2024 2024 8 Major Subsidiaries(1) Customer Share increased by 6.2% YoY ➢ Throughput of domestic routes rose 17.1% YoY ； throughput of international routes rose 5.8% YoY； ➢ ASP of total subsidiaries recorded a sli
Slide 13: Building a Globalized Logistics Supply Chain Network
13 Building a Globalized Logistics Supply Chain Network Transportation of High Value Added Goods Xiamen Haitou CFS Xiamen Haicang CFS Targeting Total Area Total Area Shipping Building 377,100m² 23,800m² Companies Solutions for Warehouse Area Warehouse Area Industry Supply 218,500m² 20,000m² Chains U
Slide 14: Focused on Developing Smart Ports
14 Focused on Developing Smart Ports SMART PORTS DIGITAL INTELLIGENCE INFORMATION TECHNOLOGY • Commercial implementation of driverless • EAM: Achieved standardization of truck project at CSP Xiamen, Wuhan, management and working processes with • TOS: Navis N4 system is utilized at CSP Quanzhou and A
Slide 15: Strategy & Outlook
15 Strategy & Outlook 01. 02. 03. 04. 05. 06. Financial Operational Strategy & Highlights Q&A Appendix Performance Review Outlook
Slide 16: Development Strategy Driven by Global Layout and Lean Operations
Development Strategy Driven by“Global Layout”and“Lean 16 Operations” o Impr ving onal Perfor ati m r an e Integration Op Optimizing ce + Global Portfolio Digitalization + Strengthening Global Layout Green Lean Operations Development Im p Cost Reduction Q al roving me nt ity u of Develop Balanced Dev
Slide 17: Striving Higher – Our New Ambitious Carbon Goals
17 Striving Higher – Our New Ambitious Carbon Goals Major ESG Ratings in 2024 Greenhouse Gas (GHG) Emissions Energy Consumption Remained a constituent of the Remained a constituent of Hang Seng Corporate 2024 GHG Emissions Intensity 2024 Energy Consumption Intensity FTSE4Good Index Series Sustainabi
Slide 18: Our Impact-driven Approach to Sustainability – GRAND
18 Our Impact-driven Approach to Sustainability – “GRAND” Water Consumption 2024 Water Consumption Intensity YoY 5.9% Compared to 2020 21.9% - Anti-corruption - Revised our new - Launched the - Rescued animals, - 0 work-related The Group’s water consumption intensity: and ESG training ambitious carb
Slide 19: Developing Chancay Port Building a New Corridor Between Asia and Latin America
Developing Chancay Port 19 Building a New Corridor Between Asia and Latin America Hub Port on the West Digitalized Cold Chain Distribution Center for Logistics Distribution Coast of South America Transport Solutions Vehicles in South America Center ➢ Direct route between Shanghai and Chancay with a
Slide 20: Outlook – Becoming a Leading Global Ports Logistics Service Provider
Outlook – Becoming a Leading Global Ports 20 Logistics Service Provider Leading Global Port Logistics 全球领先港口物流服务商 Service Provider Goal for 2025： Long Term Goal ： Boosting Volume GOALS Creating Value ↓ Costs & ↑ Revenue Domestic Lowering Demand OPPORTUNITIES Interest Green & Rates Emerging Extended
Slide 21: Q&A
21 Q&A 02. 03. 04. 01. Financial Operational Strategy & 05. 06. Highlights Q&A Appendix Performance Review Outlook
Slide 22: Appendix
22 Appendix 02. 03. 04. 01. Financial Operational Strategy & 05. 06. Highlights Q&A Appendix Performance Review Outlook
Slide 23: Our Impact-driven Approach to Sustainability – GRAND
23 Our Impact-driven Approach to Sustainability – “GRAND” Our Sustainability Approach "GRAND” — Fully Supporting UNSDGs Five Key Areas of Sustainable Development Relevant UN SDGs Governance Adhere to the principles of business ethics and operational compliance, maintain high standards of corporate g
Slide 24: Disclaimer
24 Disclaimer This presentation contains certain forward-looking statements with respect to the financial condition, results of operations and business of COSCO SHIPPING Ports Limited (“COSCO SHIPPING Ports”) and certain plans and prospects of the management of COSCO SHIPPING Ports. Such forward-loo
Slide 25: Thank You!
Thank You! COSCO SHIPPING Ports Limited Address: 42/F and 49/F, COSCO Tower, 183 Queen's Road Central, Hong Kong Telephone: +852 2809 8188 Email: ir.csp@coscoshipping.com Website: https://ports.coscoshipping.com