CSDXF (COSCO SHIPPING Energy Transportation Co) Operating Income: $701 Mil (TTM As of Dec. 2025)


CSDXF COSCO SHIPPING Energy Transportation Co Ltd CSDXF
53 GF Score
Price $1.75
GF Value $1.06
Valuation Significantly Overvalued
! 4 Warning Signs
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What is COSCO SHIPPING Energy Transportation Co Operating Income?

COSCO SHIPPING Energy Transportation Co CSDXF 53 Operating Income is $701 Mil as of Dec. 2025. GuruFocus rates CSDXF with a GF Score™ of 53/100 and a GF Value™ of $1.06 (Significantly Overvalued). The stock has 4 warning signs investors should review.

COSCO SHIPPING Energy Transportation Co's Operating Income for the six months ended in Dec. 2025 was $380 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $701 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. COSCO SHIPPING Energy Transportation Co's Operating Income for the six months ended in Dec. 2025 was $380 Mil. COSCO SHIPPING Energy Transportation Co's Revenue for the six months ended in Dec. 2025 was $1,722 Mil. Therefore, COSCO SHIPPING Energy Transportation Co's Operating Margin % for the quarter that ended in Dec. 2025 was 22.07%.

COSCO SHIPPING Energy Transportation Co's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. COSCO SHIPPING Energy Transportation Co's annualized ROC % for the quarter that ended in Dec. 2025 was 5.11%. COSCO SHIPPING Energy Transportation Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 12.82%.

COSCO SHIPPING Energy Transportation Co  (OTCPK:CSDXF) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

COSCO SHIPPING Energy Transportation Co's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=759.982 * ( 1 - 21.03% )/( (11506.995 + 11985.232)/ 2 )
=600.1577854/11746.1135
=5.11 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=11755.034 - 613.8 - ( 1066.179 - max(0, 2116.885 - 1751.124+1066.179))
=11506.995

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=13073.401 - 585.586 - ( 2047.629 - max(0, 2238.011 - 2740.594+2047.629))
=11985.232

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

COSCO SHIPPING Energy Transportation Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1030.744/( ( (7911.332 + max(-363.885, 0)) + (8166.87 + max(-412.168, 0)) )/ 2 )
=1030.744/( ( 7911.332 + 8166.87 )/ 2 )
=1030.744/8039.101
=12.82 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(178.826 + 158.174 + 13.88) - (613.8 + 0 + 100.965)
=-363.885

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(92.946 + 138.874 + 51.499) - (585.586 + 0 + 109.901)
=-412.168

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

COSCO SHIPPING Energy Transportation Co's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=379.991/1721.95
=22.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

COSCO SHIPPING Energy Transportation Co Operating Income Related Terms

COSCO SHIPPING Energy Transportation Co Operating Income Historical Data

* Premium members only.

The historical data trend for COSCO SHIPPING Energy Transportation Co's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

COSCO SHIPPING Energy Transportation Co Operating Income Chart

COSCO SHIPPING Energy Transportation Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -740.57 366.15 784.34 707.15 707.75

COSCO SHIPPING Energy Transportation Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 286.27 459.82 248.97 321.50 379.99
CSDXF
53GF Score
COSCO SHIPPING Energy Transportation Co Ltd CSDXF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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COSCO SHIPPING Energy Transportation Co Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $701 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $701 Mil mean?
COSCO SHIPPING Energy Transportation Co (CSDXF) has a Operating Income of $701 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on COSCO SHIPPING Energy Transportation Co and its competitors.
Is COSCO SHIPPING Energy Transportation Co's Operating Income too high?
COSCO SHIPPING Energy Transportation Co's current Operating Income is $701 Mil. Overall, COSCO SHIPPING Energy Transportation Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does COSCO SHIPPING Energy Transportation Co's Operating Income compare to WMB and EPD?
COSCO SHIPPING Energy Transportation Co's Operating Income of $701 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Oil & Gas company?
A good Operating Income depends on the Oil & Gas industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on COSCO SHIPPING Energy Transportation Co and its competitors. COSCO SHIPPING Energy Transportation Co's current Operating Income is $701 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COSCO SHIPPING Energy Transportation Co stock overvalued right now?
Based on GuruFocus' analysis, COSCO SHIPPING Energy Transportation Co (CSDXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.06, compared to a current price of $1.75 — trading 65.1% above its estimated fair value. The current Operating Income is $701 Mil. COSCO SHIPPING Energy Transportation Co's overall GF Score™ is 53/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For COSCO SHIPPING Energy Transportation Co (CSDXF), the current Operating Income is $701 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is COSCO SHIPPING Energy Transportation Co (CSDXF) Overvalued in 2026?

Based on GuruFocus' analysis, COSCO SHIPPING Energy Transportation Co stock appears to be overvalued. The current stock price of $1.75 is trading 65.1% above its estimated GF Value™ of $1.06. GuruFocus considers COSCO SHIPPING Energy Transportation Co to be Significantly Overvalued.

Key valuation signals for CSDXF:

  • Operating Income: $701 Mil
  • GF Value™: $1.06 vs. price of $1.75 (65.1% above fair value)
  • GF Score™: 53/100 with 4 warning signs

No single metric tells the full story. See the CSDXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

COSCO SHIPPING Energy Transportation Co Business Description

Industry EnergyOil & Gas
Address No. 670 Dongdaming Road, 7th Floor, Hongkou District, Shanghai, CHN, 200080
COSCO SHIPPING Energy Transportation Co Ltd is an investment holding company. The company is engaged in oil shipment along the coast of the PRC and internationally, international liquefied natural gas shipment, liquefied petroleum gas shipment, chemicals shipment and vessel chartering engages in the shipping business. The firm's business covers oil shipping, which includes vessel chartering. The company operates through the following segments: Oil transportation, LNG shipping, LPG transportation, and Chemical transportation. The majority of the firm's revenue is derived from the Oil transportation segment.
53GF Score

Get the complete analysis for CSDXF

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.75
Price
$1.06
GF Value