China Merchants Port Holdings Co (0144) AI Stock Analysis

• Market Cap: HK$63.60B
• Dividend Yield: 5.72%
• Average Volume (3M): 2.74M
• Price to Earnings (P/E): 9.0
• Beta (1Y): 0.40
• Revenue Growth: 9.00%
• EPS Growth: -4.33%
• Country: HK
• Employees: 8,713
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): 0.87
• Shares Outstanding: 4,198,009,300
• 10 Day Avg. Volume: 2,379,632
• 30 Day Avg. Volume: 2,738,581
• PEG Ratio: 0.31
• Price to Book (P/B): 0.55
• Price to Sales (P/S): 4.91
• P/FCF Ratio: 7.91
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$16.84
• Price Target Upside: 11.14% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 75 Outperform
• Price Target: HK$18.50 ▲(22.11% Upside)

China Merchants Port Holdings Co is supported by strong financial performance and attractive valuation, making it a compelling investment. The technical analysis suggests bullish momentum, though caution is advised due to overbought signals. The absence of earnings call and corporate events data limits the assessment of future prospects.

Positive Factors

Strong Financial Position

A conservative leverage position with a low debt-to-equity ratio enhances financial stability and reduces risk, supporting long-term growth.

Profitability Margins

High profitability margins indicate efficient operations and pricing power, contributing to sustained financial health and competitive advantage.

Revenue Growth

Consistent revenue growth, even at modest rates, underscores the company's ability to maintain market position and adapt to economic conditions.

Negative Factors

Earnings Decline

A decline in earnings per share suggests challenges in maintaining profitability, which could impact investor confidence and future investment capacity.

Inconsistent Cash Flow

Inconsistent cash flow growth may hinder the company's ability to fund operations and investments, affecting long-term financial flexibility.

Limited Earnings Data

The absence of recent earnings call data limits visibility into management's strategic direction and future financial performance, creating uncertainty.

China Merchants Port Holdings Co Business Overview & Revenue Model

Company Description

China Merchants Port Holdings Company Limited, an investment holding company, operates as a port operator in Mainland China, Hong Kong, Taiwan, and internationally. It operates through Ports operation, Bonded Logistics Operation, and Other Operations. The company engages in the container, and bulk and general cargo terminals; and logistic park operation, ports transportation, and airport cargo handling activities. It also invests, develops, and constructs modular housings; and provides container terminal services. In addition, the company engages in port construction and development; and operation of berths; operation of tugboats. Further, it offers tugboat berthing assistance and barge services at the arrival of ships to the ports, tallying in the course of cargo handling, and supply of shore power and freshwater for vessels. The company was formerly known as China Merchants Holdings (International) Company Limited and changed its name to China Merchants Port Holdings Company Limited in June 2016. The company was founded in 1872 and is headquartered in Central, Hong Kong. China Merchants Port Holdings Company Limited is considered as a Red Chip company due to its listing on the Hong Kong Stock Exchange.

How the Company Makes Money

China Merchants Port generates revenue through several key streams, primarily from port operations and terminal services. The company earns money by charging shipping companies for the handling and storage of containers and bulk cargo at its terminals. Additionally, revenue is derived from logistics services, including transportation and warehousing solutions, which support the movement of goods through its ports. Significant partnerships with major shipping lines enhance its operational efficiency and customer base, contributing to steady revenue growth. Furthermore, the company benefits from investments in port infrastructure and technology, which increase capacity and improve service delivery, thus driving higher throughput and profitability.

China Merchants Port Holdings Co Financial Statement Overview

Summary

The company demonstrates strong profitability with high margins and a robust balance sheet, though cash flow data is insufficient for a full assessment. Overall, financial health is solid with conservative leverage and good profitability.

Income Statement

The income statement shows strong profitability with a gross profit margin of 46.4% and a net profit margin of 67.4% for 2024. Revenue growth rate from 2023 to 2024 is a modest 3.13%, indicating stable but not aggressive growth. EBIT margin stands at 34.1% and EBITDA margin at 48.6%, reflecting solid operational efficiency.

Balance Sheet

The balance sheet is robust with a debt-to-equity ratio of 0.33, indicating a conservative leverage position. Return on equity is impressive at 7.6%, suggesting good profitability relative to shareholder equity. The equity ratio is 62.2%, showcasing a strong equity base relative to total assets.

Cash Flow

The cash flow statement lacks data for 2024, but past records show inconsistent free cash flow growth. The operating cash flow to net income ratio was not calculable for 2024 due to missing data, but historical figures reveal a generally positive cash generation capability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.50B	11.84B	11.48B	12.54B	11.85B	8.95B
Gross Profit	6.00B	5.50B	5.11B	5.51B	5.30B	3.69B
EBITDA	6.31B	7.63B	12.54B	6.20B	7.47B	6.56B
Net Income	7.11B	7.98B	6.42B	8.01B	8.37B	5.20B
Balance Sheet
Total Assets	176.72B	169.47B	172.31B	172.16B	178.69B	170.06B
Cash, Cash Equivalents and Short-Term Investments	12.24B	14.18B	15.67B	9.63B	9.98B	11.29B
Total Debt	33.74B	34.55B	37.49B	35.48B	37.71B	40.15B
Total Liabilities	50.72B	48.04B	51.47B	55.83B	60.13B	62.67B
Stockholders Equity	109.17B	105.35B	103.68B	96.97B	98.26B	87.89B
Cash Flow
Free Cash Flow	6.32B	7.35B	4.67B	5.94B	5.74B	2.50B
Operating Cash Flow	7.25B	8.55B	5.98B	7.46B	7.57B	4.29B
Investing Cash Flow	-1.01B	345.00M	2.57B	-3.82B	-4.08B	-6.16B
Financing Cash Flow	-4.63B	-9.64B	-7.11B	-4.90B	-6.13B	4.38B

China Merchants Port Holdings Co Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 15.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0144, the sentiment is Neutral. The current price of 15.15 is below the 20-day moving average (MA) of 15.40, below the 50-day MA of 15.68, and above the 200-day MA of 14.50, indicating a neutral trend. The MACD of -0.21 indicates Positive momentum. The RSI at 43.78 is Neutral, neither overbought nor oversold. The STOCH value of 30.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0144.

China Merchants Port Holdings Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3369	75 Outperform	HK$20.81B	8.54	8.26%	3.47%	3.31%	2.16%
0144	75 Outperform	HK$63.60B	9.02	6.71%	5.72%	9.00%	-4.33%
1199	74 Outperform	HK$23.09B	8.03	5.76%	4.97%	7.26%	6.73%
3382	71 Outperform	HK$4.24B	6.88	4.48%	6.69%	-0.49%	-8.15%
6198	70 Outperform	HK$58.12B	7.71	12.29%	5.34%	3.68%	7.86%
2880	65 Neutral	HK$37.79B	12.10	3.65%	3.23%	-0.18%	24.50%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

China Merchants Port Holdings Co Corporate Events

China Merchants Port Renews Financial Services and Tsing Yi Land Lease Deals With Group Affiliates

China Merchants Port Holdings has renewed and extended several connected transaction frameworks with its parent group’s affiliates, including a new three‑year financial services agreement with China Merchants Finance running from December 2025 to December 2028. Under this agreement, the company set annual caps of HK$2.5 billion for end‑of‑day deposit balances, and HK$81 million for related interest income, alongside smaller caps for clearing, settlement, foreign exchange and other financial services, with the size of these transactions falling within thresholds that exempt them from shareholder approval and circular requirements. In a separate move to secure operational continuity for its container business, subsidiary CMCS signed the 2026 Euroasia Cooperation Agreement to lease 679,704 square metres of land in Tsing Yi from Euroasia for one year from 1 January 2026, with an annual rental cap of HK$16.5 million, ensuring ongoing access to key terminal land while formalising the connected nature of the transaction under Hong Kong listing rules.

The most recent analyst rating on (HK:0144) stock is a Buy with a HK$18.50 price target. To see the full list of analyst forecasts on China Merchants Port Holdings Co stock, see the HK:0144 Stock Forecast page.

China Merchants Port Revises Acquisition Terms for Brazilian Stake

China Merchants Port Holdings Company Limited has announced modifications to its acquisition agreement for a 70% stake in Vast, a Brazilian entity. The amended agreement extends the Long Stop Date by one year to November 2026 and revises the purchase price to a maximum of USD596.4 million, considering the delay’s impact on potential profit contributions. The company aims to balance risk by adjusting the upfront consideration while maintaining milestone and earn-out payment structures, reflecting a strategic approach to managing execution risk and aligning with post-closing performance.

The most recent analyst rating on (HK:0144) stock is a Buy with a HK$18.50 price target. To see the full list of analyst forecasts on China Merchants Port Holdings Co stock, see the HK:0144 Stock Forecast page.

China Merchants Port Holdings: Substantial Shareholder Releases Quarterly Report

China Merchants Port Holdings Company Limited announced the release of the quarterly report by its substantial shareholder, China Merchants Port Group Co., Ltd., for the nine months ending 30 September 2025. The report, prepared under Chinese auditing standards, provides financial and operational insights about the group. Stakeholders are advised to exercise caution due to differences in accounting standards, which may affect the interpretation of the financial data.

The most recent analyst rating on (HK:0144) stock is a Buy with a HK$16.50 price target. To see the full list of analyst forecasts on China Merchants Port Holdings Co stock, see the HK:0144 Stock Forecast page.

China Merchants Port Announces Strategic Loan Facility to Terminal Link

China Merchants Port Holdings Company Limited announced a shareholder loan facility agreement with Terminal Link, a marine terminal services provider. The agreement involves a USD19.6 million loan to support Terminal Link’s expansion, with a 10-year availability period and an interest rate of 8.25% per annum. This strategic financial move is expected to bolster Terminal Link’s capital expenditure expansion, with CMA Terminals also contributing a proportional loan. The initiative underscores China Merchants Port’s commitment to strengthening its partnerships and expanding its influence in the global port industry.

The most recent analyst rating on (HK:0144) stock is a Buy with a HK$16.50 price target. To see the full list of analyst forecasts on China Merchants Port Holdings Co stock, see the HK:0144 Stock Forecast page.

China Merchants Port Announces Director Resignation and ESG Committee Changes

China Merchants Port Holdings Company Limited announced the resignation of Mr. Tu Xiaoping as an Executive Director, effective from October 24, 2025, due to his retirement. Mr. Tu will also step down from the ESG Committee, and the company has expressed gratitude for his contributions. The company also revealed changes in the composition of its ESG Committee, which will now consist of five members, with Mr. Feng Boming serving as the chairman. This change reflects the company’s ongoing commitment to enhancing its governance structure.

The most recent analyst rating on (HK:0144) stock is a Buy with a HK$16.50 price target. To see the full list of analyst forecasts on China Merchants Port Holdings Co stock, see the HK:0144 Stock Forecast page.