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

• Market Cap: €18.72B
• Dividend Yield: 4.01%
• Average Volume (3M): 499.57K
• Price to Earnings (P/E): 7.6
• Beta (1Y): 0.29
• Revenue Growth: -5.25%
• EPS Growth: -1.12%
• Country: HK
• Employees: 8,674
• Sector: Industrials
• Sector Strength: 84
• Industry: Marine Shipping
• EPS (TTM): 0.30
• Shares Outstanding: 829,852,970
• 10 Day Avg. Volume: 675,550
• 30 Day Avg. Volume: 499,566
• PEG Ratio: 0.20
• Price to Book (P/B): 0.31
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.12
• 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

• Rating: 69 Neutral
• Price Target: ―

Qinhuangdao Port Co., Ltd. has a solid financial foundation with strong profitability, a stable balance sheet, and robust cash flow management, contributing positively to its stock score. However, technical indicators suggest a bearish trend with oversold conditions, and the stock is currently trading below key moving averages, which weighs on the score. From a valuation perspective, the stock is attractive with a low P/E ratio and a strong dividend yield, appealing to value investors. The absence of recent earnings call data or notable corporate events leaves these factors neutral in the overall assessment.

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

Company Description

Qinhuangdao Port Co., Ltd. Class H (3369) is a leading port services company based in China, primarily engaged in the provision of integrated port services. The company operates in the sectors of cargo handling, warehousing and logistics, focusing predominantly on the handling of coal, metal ores, and oil and liquefied chemicals. As one of the largest public port operators in terms of throughput volume, Qinhuangdao Port serves as a critical logistics hub in Northern China, facilitating domestic and international trade.

How the Company Makes Money

Qinhuangdao Port Co., Ltd. generates revenue through several key streams, primarily from port operation services including cargo handling fees, storage fees, and logistics services. The company charges for the loading and unloading of various types of cargo, particularly coal, which constitutes a significant portion of its volume. Additionally, it earns from ancillary services including warehousing and logistics solutions that enhance its value proposition to clients. Strategic partnerships with shipping companies and industrial firms further bolster its revenue, as these relationships drive consistent throughput volumes and service demand. The company's location in a prime industrial region also contributes to its steady earnings, as it serves as a vital node in the supply chain for both export and import activities in China.

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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
6.87B	7.05B	6.92B	6.59B	6.46B
	Gross Profit
2.60B	2.10B	2.65B	2.50B	2.59B
	EBIT
1.90B	1.88B	1.66B	1.28B	1.23B
	EBITDA
2.89B	3.46B	2.92B	2.81B	2.79B
	Net Income Common Stockholders
1.56B	1.53B	1.31B	1.04B	995.13M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.28B	2.84B	4.85B	4.05B	3.55B
	Total Assets
27.88B	28.03B	27.94B	27.78B	26.24B
	Total Debt
5.20B	6.13B	6.91B	7.43B	6.94B
	Net Debt
915.40M	3.29B	2.06B	3.38B	3.38B
	Total Liabilities
7.61B	8.65B	9.72B	10.87B	10.14B
	Stockholders Equity
19.33B	18.42B	17.32B	16.06B	15.22B
Cash Flow		Free Cash Flow
1.37B	1.33B	1.72B	1.18B	1.35B
	Operating Cash Flow
2.42B	2.39B	2.43B	2.51B	2.56B
	Investing Cash Flow
-789.92M	―	―	―	―
	Financing Cash Flow
-1.57B	―	―	―	―

Qinhuangdao Port Co., Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.19
• 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 Neutral. The current price of 2.19 is below the 20-day moving average (MA) of 2.22, below the 50-day MA of 2.20, and above the 200-day MA of 2.09, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 45.66 is Neutral, neither overbought nor oversold. The STOCH value of 23.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
0144	74 Outperform	$62.47B	7.89	7.67%	6.72%	3.14%	23.12%
0898	73 Outperform	HK$710.66M	3.02	2.91%	4.71%	-1.20%	31.20%
1199	70 Outperform	$19.64B	7.26	5.64%	5.60%	5.93%	-3.64%
3369	69 Neutral	€18.72B	7.58	8.11%	4.01%	-5.25%	-1.12%
2880	67 Neutral	HK$33.70B	15.84	2.45%	2.99%	-13.59%	-26.46%
Sector *	66 Neutral	$4.44B	12.08	5.34%	5.82%	4.17%	-11.81%
0338	61 Neutral	$27.18B	39.24	0.58%	―	-8.96%	―

Qinhuangdao Port Co., Ltd. Class H Corporate Events

Qinhuangdao Port Reports Q1 2025 Financial Results with Declining Revenue and Cash Flow

Qinhuangdao Port Co., Ltd. announced its unaudited financial results for the first quarter of 2025, reporting a slight decrease in revenue and net profit compared to the same period last year. Despite a 5.99% drop in revenue and a 3.07% decline in net profit, the company maintained stable earnings per share. However, there was a significant decrease of 61.32% in net cash flows from operating activities, which could impact the company’s operational liquidity and financial flexibility.

Qinhuangdao Port Co., Ltd. Announces Board Meeting for Q1 2025 Results

Qinhuangdao Port Co., Ltd. has scheduled a board meeting on April 28, 2025, to review and approve the unaudited financial results for the first quarter of 2025. This announcement indicates the company’s ongoing commitment to transparency and timely financial reporting, which may impact its market perception and stakeholder confidence.

Qinhuangdao Port Co., Ltd. Reports Q1 2025 Throughput Performance

Qinhuangdao Port Co., Ltd. reported a slight decrease in total throughput volume for the first quarter of 2025, with a total of 97.29 million tonnes handled, down from 100.19 million tonnes in the same period of 2024. The company experienced declines in coal and metal ore throughput, while seeing significant increases in oil, liquefied chemicals, and container throughput, indicating a shift in cargo handling dynamics. The announcement highlights the operational performance of its ports, with Qinhuangdao Port experiencing the most significant decrease.

Qinhuangdao Port Co., Ltd. Reports Stable Profit Amid Revenue Dip in 2024

Qinhuangdao Port Co., Ltd. Class H reported its financial results for the year ending December 31, 2024, showing a revenue decrease of 2.69% to RMB6,865.3756 million, while net profit increased by 0.65% to RMB1,574.5902 million. The company also announced a final dividend of RMB0.85 per 10 shares, indicating a stable financial position despite a slight drop in revenue. The results reflect the company’s resilience and ability to maintain profitability, which could positively impact its market positioning and stakeholder confidence.

Qinhuangdao Port Co., Ltd. Announces Final Dividend for 2024

Qinhuangdao Port Co., Ltd. has announced a final cash dividend of RMB 0.85 per 10 shares for the financial year ending December 31, 2024. The payment date for this dividend is set for August 29, 2025, with a withholding tax rate of 10% applicable to non-resident enterprise and individual shareholders.

Qinhuangdao Port Co., Ltd. Announces Upcoming Board Meeting for 2024 Results

Qinhuangdao Port Co., Ltd. has scheduled a board meeting on March 28, 2025, to approve the company’s annual results for 2024 and discuss a potential dividend payment. This announcement is significant for stakeholders as it will provide insights into the company’s financial performance and future dividend prospects.

Qinhuangdao Port Co., Ltd. Announces Changes in Company Secretary and Business Operations

Qinhuangdao Port Co., Ltd. announced a change in its joint company secretary, with Mr. CHU Hon Leung resigning and Ms. NG Sau Mei being appointed. This change is accompanied by a new waiver from the Stock Exchange of Hong Kong, allowing Mr. TIAN Hongwei to continue as a joint company secretary with Ms. NG’s assistance, ensuring compliance with listing rules.