Qinhuangdao Port Co., Ltd. Class H (3369) AI Stock Analysis

• Market Cap: HK$20.81B
• Dividend Yield: 3.47%
• Average Volume (3M): 23.74M
• Price to Earnings (P/E): 8.5
• Beta (1Y): 0.28
• Revenue Growth: 3.31%
• EPS Growth: 2.16%
• Country: HK
• Employees: 8,674
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): 0.08
• Shares Outstanding: 829,852,970
• 10 Day Avg. Volume: 3,704,600
• 30 Day Avg. Volume: 23,738,412
• PEG Ratio: 1.82
• Price to Book (P/B): 0.55
• Price to Sales (P/S): 1.54
• P/FCF Ratio: 7.72
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 75 Outperform
• Price Target: HK$3.00 ▲(10.70% Upside)

Qinhuangdao Port Co., Ltd. scores well due to its strong financial performance, characterized by solid profitability and cash flow generation. The technical analysis indicates stable price trends, and the valuation is fair with a reasonable P/E ratio and dividend yield. The absence of earnings call data and corporate events does not impact the overall score.

Positive Factors

Cash Flow Generation

Strong free cash flow growth indicates efficient cash conversion and supports the company's ability to reinvest in operations and manage debt.

Balance Sheet Health

A low debt-to-equity ratio reflects a solid capital structure, providing financial stability and flexibility for future growth opportunities.

Profitability

High net profit margins demonstrate effective cost control and operational efficiency, which can sustain long-term profitability.

Negative Factors

Revenue Growth

While positive, the modest revenue growth suggests potential challenges in expanding market share or increasing throughput in a competitive industry.

Industry Competition

The marine shipping industry is highly competitive, which may pressure margins and limit pricing power, affecting long-term profitability.

Market Position

While strategically located, reliance on specific sectors like coal may expose the company to sector-specific downturns, impacting overall market position.

Qinhuangdao Port Co., Ltd. Class H Business Overview & Revenue Model

Company Description

Qinhuangdao Port Co., Ltd. Class H (3369) is a leading port operator in China, primarily engaged in the provision of port services, including cargo handling and logistics solutions. The company operates in various sectors, notably coal, iron ore, and container shipping, catering to both domestic and international shipping needs. Through its strategic location along the Bohai Sea, Qinhuangdao Port plays a crucial role in facilitating maritime trade, offering comprehensive services that encompass loading, unloading, storage, and transportation of goods.

How the Company Makes Money

Qinhuangdao Port Co., Ltd. generates revenue primarily through its port operations, which include fees for loading and unloading cargo, storage services, and logistics management. Key revenue streams come from handling bulk commodities such as coal and iron ore, where the company charges shipping companies for port access and services rendered. Additionally, the company engages in long-term contracts with shipping firms and industrial clients, ensuring a steady flow of income. Strategic partnerships with local and international shipping companies further enhance its earning potential by increasing cargo throughput. The company's earnings are also bolstered by ancillary services such as warehousing and freight forwarding, which provide additional revenue opportunities.

Qinhuangdao Port Co., Ltd. Class H Financial Statement Overview

Summary

Qinhuangdao Port Co., Ltd. demonstrates strong financial performance with solid profitability, a stable balance sheet, and robust cash flow generation. The company effectively manages its leverage and enhances shareholder value through improved margins and cash flow metrics, despite a slight revenue decline in 2024.

Income Statement

Qinhuangdao Port Co., Ltd. demonstrates strong profitability with consistent gross profit and net profit margins. The net profit margin improved from 13.8% in 2019 to 22.8% in 2024, reflecting enhanced cost management and operational efficiency. Despite a slight revenue decline in 2024, the company maintains solid EBIT and EBITDA margins. Revenue growth has been stable over the years, indicating a resilient revenue base.

Balance Sheet

The company exhibits a healthy balance sheet with a decreasing debt-to-equity ratio from 0.46 in 2019 to 0.27 in 2024, suggesting effective management of leverage. The equity ratio remains strong at 69.3% in 2024, showcasing financial stability. Return on equity shows positive trends, with a notable improvement from 6.4% in 2019 to 8.1% in 2024, representing improved shareholder value creation.

Cash Flow

Qinhuangdao Port Co., Ltd. has demonstrated solid cash flow management, with consistent free cash flow generation and an increasing operating cash flow to net income ratio. The free cash flow to net income ratio remains robust, indicating effective conversion of earnings into cash. Free cash flow growth has been consistent, supporting the company's ability to fund operations and investments without excessive reliance on external financing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.17B	6.87B	7.05B	6.92B	6.59B	6.46B
Gross Profit	2.94B	2.60B	2.10B	2.65B	2.50B	2.59B
EBITDA	2.79B	2.89B	3.46B	2.92B	2.81B	2.79B
Net Income	1.65B	1.56B	1.53B	1.31B	1.04B	995.13M
Balance Sheet
Total Assets	30.74B	27.88B	28.03B	27.94B	27.78B	26.24B
Cash, Cash Equivalents and Short-Term Investments	5.74B	4.28B	2.84B	4.85B	4.05B	3.55B
Total Debt	4.81B	5.20B	6.13B	6.91B	7.33B	6.84B
Total Liabilities	7.46B	7.61B	8.65B	9.72B	10.87B	10.14B
Stockholders Equity	22.17B	19.33B	18.42B	17.32B	16.06B	15.22B
Cash Flow
Free Cash Flow	1.55B	1.37B	1.33B	1.72B	1.18B	1.35B
Operating Cash Flow	2.44B	2.42B	2.39B	2.43B	2.51B	2.56B
Investing Cash Flow	1.16B	-789.92M	―	-464.68M	-1.86B	-1.76B
Financing Cash Flow	-1.97B	-1.57B	―	-1.09B	-264.77M	-724.35M

Qinhuangdao Port Co., Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.71
• 50DMA: Negative
• 100DMA: Positive
• 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:3369, the sentiment is Negative. The current price of 2.71 is above the 20-day moving average (MA) of 2.70, below the 50-day MA of 2.73, and above the 200-day MA of 2.40, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.92 is Neutral, neither overbought nor oversold. The STOCH value of 28.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3369.

Qinhuangdao Port Co., Ltd. Class H 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%
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%
6117	67 Neutral	HK$1.11B	6.12	5.82%	4.86%	-13.14%	-22.67%
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%

Qinhuangdao Port Co., Ltd. Class H Corporate Events

Qinhuangdao Port Co., Ltd. Reports Progress on Ongoing Legal Disputes

Qinhuangdao Port Co., Ltd. has announced updates on several litigations and arbitrations involving significant financial claims. The company is currently engaged in multiple legal disputes, including a high-profile appeal case with Jiangxi Copper involving approximately RMB559.7743 million. Other cases involve disputes over port operations, marine resource development, and import-export agency contracts, with some cases having been concluded or dismissed. These legal proceedings could have implications for the company’s financial standing and operational focus.

Qinhuangdao Port Co., Ltd. Reports Strong Q3 2025 Financial Performance

Qinhuangdao Port Co., Ltd. reported its unaudited financial results for the third quarter of 2025, showing a 9.51% increase in revenue compared to the same period last year, totaling RMB 1.76 billion. The company’s net profit attributable to shareholders rose by 22.61% to RMB 402.83 million, highlighting strong financial performance. Despite a decrease in net cash flows from operating activities by 12.95%, the overall financial health of the company remains robust with a slight increase in total assets and owners’ equity.

Qinhuangdao Port Co., Ltd. Schedules Board Meeting for Q3 Results

Qinhuangdao Port Co., Ltd. has announced that its board of directors will meet on October 28, 2025, to approve and publish the unaudited third-quarter results for the nine months ending September 30, 2025. This meeting is a significant event for stakeholders as it will provide insights into the company’s financial performance and operational status, potentially impacting its market positioning and investor confidence.

Qinhuangdao Port Co., Ltd. Reports Increased Throughput for 2025

Qinhuangdao Port Co., Ltd. has reported a 5.56% increase in total throughput volume for the nine months ending September 30, 2025, compared to the same period in 2024. This growth is driven by significant increases in container throughput and oil and liquefied chemicals, reflecting a strong operational performance that may enhance the company’s competitive positioning in the port industry.