Rizhao Port Jurong Co. Ltd. Class H (6117) AI Stock Analysis

• Market Cap: HK$1.11B
• Dividend Yield: 4.86%
• Average Volume (3M): 112.07K
• Price to Earnings (P/E): 6.1
• Beta (1Y): 0.18
• Revenue Growth: -13.14%
• EPS Growth: -22.67%
• Country: HK
• Employees: 296
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): 0.05
• Shares Outstanding: 820,000,000
• 10 Day Avg. Volume: 22,000
• 30 Day Avg. Volume: 112,066
• PEG Ratio: -0.60
• Price to Book (P/B): 0.33
• Price to Sales (P/S): 1.12
• P/FCF Ratio: -8.21
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: HK$1.00 ▲(49.25% Upside)

Rizhao Port Jurong Co. Ltd. Class H demonstrates strong financial performance with robust revenue growth and a solid balance sheet, contributing significantly to its overall score. However, technical analysis indicates bearish momentum, which negatively impacts the stock score. The valuation is favorable, with a low P/E ratio and a high dividend yield, providing a positive outlook for value investors.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong demand for the company's services and effective market positioning, supporting long-term business sustainability.

Balance Sheet Health

A strong balance sheet with low leverage enhances financial stability, providing flexibility for strategic investments and weathering economic downturns.

Profitability Margins

Strong profitability margins reflect efficient cost management and operational effectiveness, which are crucial for sustaining competitive advantage and long-term profitability.

Negative Factors

Free Cash Flow Volatility

Volatile free cash flow can impact the company's ability to fund operations and growth initiatives, potentially affecting financial flexibility and strategic planning.

Net Income Decline

A decline in net income may indicate challenges in maintaining profitability, which could affect investor confidence and the company's ability to reinvest in growth.

Earnings Call Data Absence

The absence of earnings call data limits transparency and investor insight into management's strategic direction and response to market conditions, potentially affecting investor trust.

Rizhao Port Jurong Co. Ltd. Class H Business Overview & Revenue Model

Company Description

Rizhao Port Jurong Co., Ltd. engages in the port operations in Rizhao, the People's Republic of China. It provides port-related services, including stevedoring, berth leasing, port management, storage, and logistics agency services, as well as primarily handles soybeans, woodchips, dried tapioca, sorghum, and other cargo types, including maize and wheat. The company was founded in 1986 and is headquartered in Rizhao, the Peoples Republic of China. Rizhao Port Jurong Co., Ltd. is a subsidiary of Rizhao Port Co., Ltd.

How the Company Makes Money

The company generates revenue through multiple key streams, primarily from port operations such as loading and unloading cargo, storage services, and logistics management. Revenue is also derived from leasing port facilities and providing ancillary services to shipping companies, including customs clearance and transportation services. Significant partnerships with major shipping lines and logistics firms enable Rizhao Port Jurong to secure steady volumes of cargo, thereby enhancing its earnings. Additionally, the company's ability to adapt to market demands and expand its service offerings contributes to its financial performance.

Rizhao Port Jurong Co. Ltd. Class H Financial Statement Overview

Summary

Rizhao Port Jurong Co. Ltd. Class H exhibits strong financial health with consistent revenue growth, solid profitability margins, and a strong balance sheet with low leverage. Cash flow management is generally effective, though there is some volatility in free cash flow. Overall, the company is well-positioned financially in the marine shipping industry, with a few areas for improvement in maintaining net income growth and stabilizing free cash flow.

Income Statement

The company has demonstrated consistent revenue growth over the years, with a notable increase from 2020 to 2024. Gross profit and EBITDA margins remain strong, indicating efficient cost management and operational effectiveness. However, the slight decline in net income from 2023 to 2024 suggests potential challenges in maintaining profitability.

Balance Sheet

The company's balance sheet is robust, with a strong equity base as evidenced by a solid equity ratio. The debt-to-equity ratio is relatively low, suggesting prudent financial leverage. The return on equity is healthy, reflecting effective utilization of shareholders' equity to generate earnings.

Cash Flow

While the company has shown strong operating cash flows, the volatility in free cash flow due to capital expenditure fluctuations poses a risk. The operating cash flow to net income ratio is strong, indicating effective cash generation from operations relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	728.01M	847.48M	825.81M	833.49M	758.42M	615.32M
Gross Profit	283.12M	334.59M	321.04M	297.26M	258.34M	236.16M
EBITDA	331.89M	390.81M	440.19M	368.40M	341.62M	313.97M
Net Income	168.32M	206.04M	218.25M	201.25M	168.30M	151.13M
Balance Sheet
Total Assets	3.61B	3.54B	3.30B	2.90B	2.73B	2.50B
Cash, Cash Equivalents and Short-Term Investments	550.93M	447.12M	608.75M	852.66M	592.67M	280.28M
Total Debt	329.89M	333.32M	330.26M	232.14M	246.18M	207.88M
Total Liabilities	678.29M	635.61M	565.74M	350.64M	339.00M	277.25M
Stockholders Equity	2.93B	2.90B	2.73B	2.55B	2.39B	2.23B
Cash Flow
Free Cash Flow	-31.28M	-115.90M	-209.30M	321.90M	351.37M	260.07M
Operating Cash Flow	240.62M	304.18M	326.47M	339.78M	363.18M	300.48M
Investing Cash Flow	-293.48M	-450.53M	-491.33M	-3.97M	-4.60M	-39.88M
Financing Cash Flow	-76.46M	-54.33M	-79.05M	-75.82M	-46.19M	-178.43M

Rizhao Port Jurong Co. Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.67
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6117, the sentiment is Negative. The current price of 0.67 is below the 20-day moving average (MA) of 0.68, below the 50-day MA of 0.72, and below the 200-day MA of 0.78, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 43.57 is Neutral, neither overbought nor oversold. The STOCH value of 18.98 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6117.

Rizhao Port Jurong 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$21.04B	8.51	8.26%	3.47%	3.31%	2.16%
3382	71 Outperform	HK$4.12B	6.68	4.48%	6.69%	-0.49%	-8.15%
0560	71 Outperform	HK$840.88M	10.98	2.49%	6.67%	-2.46%	-37.63%
6117	67 Neutral	HK$1.11B	6.12	5.82%	4.86%	-13.14%	-22.67%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1719	59 Neutral	HK$612.40M	52.21	1.52%	―	19.79%	-33.33%

Rizhao Port Jurong Co. Ltd. Class H Corporate Events

Rizhao Port Jurong Proposes Governance Changes Amid Regulatory Updates

Rizhao Port Jurong Co., Ltd. has announced proposed amendments to its Articles of Association and the abolition of its Supervisory Committee, aligning with recent changes in Chinese Company Law and regulatory requirements. These changes, which include adopting new rules for general meetings and the board of directors, aim to streamline governance by transferring the supervisory functions to an audit committee, pending shareholder approval at an extraordinary general meeting.

Rizhao Port Jurong Revises Lease Agreement Caps with Rizhao Port Group

Rizhao Port Jurong Co. Ltd. has entered into a Supplemental Agreement with Rizhao Port Group to revise the annual caps under the 2025 – 2027 Property Lease Framework Agreement. This revision affects the financial terms of leasing agreements for berths and related properties, but all other terms remain unchanged. The transaction is classified as a continuing connected transaction under Hong Kong’s Listing Rules, requiring compliance with specific reporting and review requirements, though it is exempt from some approval processes due to its size.

Rizhao Port Jurong Revises Annual Caps in SDP Park Agreement

Rizhao Port Jurong Co. Ltd. has entered into a Supplemental Agreement with SDP Park Management to revise the annual caps under the 2025-2027 SDP Park Management Framework Agreement. This revision, which does not alter other terms of the agreement, is subject to reporting and annual review requirements but is exempt from independent shareholders’ approval due to the percentage ratios involved.

Rizhao Port Jurong’s Controlling Shareholder Increases Stake

Rizhao Port Jurong Co., Ltd. announced that its controlling shareholder, Rizhao Port Co., Ltd., has increased its shareholding in the company by acquiring 44,000,000 H shares at an average price of HK$0.798 per share. This move, amounting to approximately HK$35.11 million, raises Rizhao Port’s stake to 53.25% of the total issued share capital, reflecting strong confidence in the company’s future development.