The company is a shipping company integrated of tanker transportation, bulk carrier transportation and liquefied natural gas transportation, is currently the largest ocean-going tanker transportation fleet, mainly provides crude oil transportation services to the customers from China, Japan, Korea, Southeast Asia and the United States and other countries, establishes a long-term relationship with SHELL, CHEVRONTEXACO and other major international oil companies. Haihong Company and the Hong Kong Minghua, which are the two professional management companies owned wholly by the company, deal with the daily management of the tanker and bulk carrier company, also the company participates liquefied natural gas business through a joint venture under the company, China LNG Shipping (Holdings) Ltd., the joint venture is currently the only company which manages liquefied natural gas business invested and managed by China, LNG ships have dedicated 25 years of long-term lease contracts, income stability.
Basic Information
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Director
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Director
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Director
Ownership Details
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54.15%
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13.48%
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3.73%
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1.3%
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0.95%
Subsidiaries
Company Performance
Financial values in the chart are available after China Merchants Energy Shipping Co., Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
65.25%▲
Total operating revenue
63.39%▲
Operating profit (EBIT)
170.3%▲
Net Profit (Loss) for the Period
140.63%▲
Operating Profit Margin (ROS)
8.32%▲
Return on Equity (ROE)
5.85%▲
Debt to Equity Ratio
-0.46%▼