CSSC Offshore stock reports 58.94 percent profit growth

Published on 10/04/2026 at 22:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CSSC Offshore stock is tied to first half net profit of CNY 836.6 million, up 58.94 percent in the six months to June 30, 2026. New orders reached CNY 20.165 billion, while the company set a CNY 21.218 billion full-year revenue goal.

CSSC Offshore, CNE100000395, Illustration mit AI erstellt.

CSSC Offshore (ISIN CNE100000395) was last at CNY 28.71 on the Shanghai Stock Exchange on September 30, 2026 at 3:00 p.m. CST, up 0.91 percent on the session. The main catalyst is the company's first half performance, which combined moderate revenue growth with a much faster increase in shareholder profit.

Profit growth outpaces revenue

For the six months ended June 30, 2026, CSSC Offshore reported operating revenue of CNY 11.12 billion, a 9.31 percent year-over-year increase, according to FilingReader on September 23, 2026.

Net profit attributable to shareholders rose 58.94 percent to CNY 836.6 million, while basic earnings per share reached CNY 0.5919 for the same period, FilingReader reported on September 22, 2026. The gap between revenue growth and profit growth points to improved earnings conversion as vessel construction and investment income contributed to the result.

Orders exceed the annual target

CSSC Offshore secured new orders worth CNY 20.165 billion in the first half, up 30.11 percent year over year and equal to 122.8 percent of its annual target, according to Gelonghui on September 9, 2026.

The same report said Zheshang Securities maintained a Buy rating and linked the outlook to a robust order backlog and rising ship prices. The company targets full-year operating income of CNY 21.218 billion and new contract orders of CNY 16.424 billion, figures cited in the interim results report by FilingReader.

Cash flow strengthens the picture

Operating cash flow reached CNY 5.252 billion in the first half, up 243.11 percent year over year, while total assets stood at CNY 60.77 billion at June 30, 2026, according to FilingReader. The board also proposed an interim dividend of CNY 1.00 for every 10 shares, giving the earnings report a direct shareholder-return element.

For investors, the key tension is between strong order intake and the cyclical nature of shipbuilding. CSSC Offshore's first half order growth gives the revenue target support, but delivery timing and construction margins remain important for converting the backlog into sustained profit.

Stock remains below its yearly high

CSSC Offshore was last at CNY 28.71 on September 30, 2026, with a session range of CNY 28.46 to CNY 29.03. Its 52-week range was CNY 20.59 to CNY 38.55, while market capitalization stood at CNY 32.3 billion and volume reached 11,416,550 shares.