Qingdao Port International Co Ltd Class H (HK:6198)
:6198
Want to see HK:6198 full AI Analyst Report?
Top Page
Qingdao Port International Co Ltd Class H
(6198)
Select Model
Select Model
Rating:78Outperform
Price Target:
HK$8.50
â–²(20.23% Upside)
Action:Reiterated
Date:05/01/26
The score is driven primarily by strong financial fundamentals (high margins and low leverage) and supported by attractive valuation (low P/E and ~5% dividend yield). Technicals add a modest boost as the stock trades above major moving averages with generally healthy momentum, while cash-flow conversion remains the main area to monitor.
Positive Factors
High profitability
Sustained mid-to-high 20% net margins and ~37% gross margins indicate durable pricing power and operational efficiency in terminals and logistics services. High margins provide long-term capacity to fund maintenance capex, dividends and selective reinvestment without heavy reliance on leverage.
Negative Factors
Choppy revenue trends
Irregular top-line performance reflects sensitivity to cyclical trade volumes and commodity flows. Persistent revenue volatility complicates capacity planning and makes multi-year forecasting and steady cash accumulation harder, increasing execution risk for capital projects and dividend smoothing.
Read all positive and negative factors
Positive Factors
Negative Factors
High profitability
Sustained mid-to-high 20% net margins and ~37% gross margins indicate durable pricing power and operational efficiency in terminals and logistics services. High margins provide long-term capacity to fund maintenance capex, dividends and selective reinvestment without heavy reliance on leverage.
Read all positive factors
Qingdao Port International Co Ltd Class H (6198) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$63.69B
Dividend Yield5.34%
Average Volume (3M)2.78M
Price to Earnings (P/E)7.1
Beta (1Y)0.47
Revenue Growth1.02%
EPS Growth0.36%
CountryHK
Employees9,552
SectorIndustrials
Sector Strength72
IndustryMarine Shipping
Share Statistics
EPS (TTM)0.80
Shares Outstanding1,099,025,000
10 Day Avg. Volume2,045,583
30 Day Avg. Volume2,779,126
Financial Highlights & Ratios
PEG Ratio-3.21
Price to Book (P/B)0.89
Price to Sales (P/S)2.22
P/FCF Ratio11.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.87
Revenue Forecast (FY)HK$19.18B
Qingdao Port International Co Ltd Class H Business Overview & Revenue Model
Company Description
Qingdao Port International Co., Ltd. operates the Port of Qingdao. It operates through six segments: Container Handling and Ancillary Services; Metal Ores, Coal and Other Cargo Handling and Ancillary Services; Liquid Bulk Handling and Ancillary Se...
How the Company Makes Money
The company primarily makes money by charging fees for port and terminal services provided to shipping lines, cargo owners, freight forwarders, and logistics companies. Key revenue streams typically include (1) terminal handling and stevedoring ch...
Qingdao Port International Co Ltd Class H Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
88
Very Positive
Cash Flow
63
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 19.04B | 18.81B | 18.94B | 18.17B | 19.26B | 16.79B |
| Gross Profit | 7.12B | 6.89B | 6.71B | 5.67B | 6.06B | 5.33B |
| EBITDA | 6.43B | 6.74B | 6.70B | 8.38B | 8.01B | 7.16B |
| Net Income | 5.21B | 5.27B | 5.23B | 4.92B | 4.53B | 3.98B |
Balance Sheet | ||||||
| Total Assets | 68.29B | 66.75B | 62.75B | 60.25B | 57.48B | 60.58B |
| Cash, Cash Equivalents and Short-Term Investments | 14.87B | 14.50B | 12.68B | 11.22B | 10.18B | 10.01B |
| Total Debt | 4.83B | 4.57B | 3.72B | 3.43B | 3.92B | 2.28B |
| Total Liabilities | 16.74B | 16.15B | 15.96B | 15.71B | 16.20B | 21.79B |
| Stockholders Equity | 46.93B | 45.73B | 42.49B | 40.28B | 37.40B | 34.92B |
Cash Flow | ||||||
| Free Cash Flow | 2.95B | 3.46B | 3.07B | 3.44B | 3.28B | 70.57M |
| Operating Cash Flow | 5.79B | 5.86B | 5.15B | 6.15B | 6.23B | 2.75B |
| Investing Cash Flow | -3.74B | -3.45B | -38.54M | -1.98B | -795.42M | 1.97B |
| Financing Cash Flow | -3.23B | -1.88B | -3.03B | -3.05B | -4.69B | -2.54B |
Qingdao Port International Co Ltd Class H Technical Analysis
Positive
7.07
Price Trends
7.41
Positive
7.34
Positive
7.16
Positive
Market Momentum
0.03
Positive
47.95
Neutral
19.58
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6198, the sentiment is Positive. The current price of 7.07 is below the 20-day moving average (MA) of 7.71, below the 50-day MA of 7.41, and below the 200-day MA of 7.16, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 47.95 is Neutral, neither overbought nor oversold. The STOCH value of 19.58 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6198.
Qingdao Port International Co Ltd Class H Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | HK$63.69B | 7.14 | 11.51% | 5.34% | 1.02% | 0.36% | |
75 Outperform | HK$20.63B | 6.93 | 7.93% | 3.47% | 6.08% | 5.81% | |
73 Outperform | HK$66.33B | 5.50 | 5.92% | 5.72% | 12.77% | -18.46% | |
73 Outperform | HK$38.71B | 9.45 | 3.62% | 3.23% | 8.66% | 53.27% | |
69 Neutral | HK$4.43B | 3.20 | 4.48% | 6.69% | -14.81% | -3.39% | |
67 Neutral | HK$20.79B | 7.64 | 4.96% | 4.97% | 10.25% | -9.65% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
HK:6198
Qingdao Port International Co Ltd Class H
7.53
1.39
22.64%
HK:0144
China Merchants Port Holdings Co
15.80
2.20
16.15%
HK:1199
COSCO SHIPPING Ports
5.25
0.90
20.69%
HK:2880
Liaoning Port Company Limited Class H
0.89
0.21
31.85%
HK:3382
Tianjin Port Development Holdings
0.72
0.10
16.69%
HK:3369
Qinhuangdao Port Co., Ltd. Class H
2.36
0.21
9.72%
Qingdao Port International Co Ltd Class H Corporate Events
Qingdao Port Posts Higher First-Quarter Throughput in 2026 Update
Apr 29, 2026
Qingdao Port International Co., Ltd. reported that total cargo throughput for the three months ended 31 March 2026 reached 182.55 million tons, while container throughput rose to 8.93 million TEUs. These figures, which exclude shareholding adjustm...
Qingdao Port Schedules Board Meeting to Approve First-Quarter 2026 Results
Apr 15, 2026
Qingdao Port International Co., Ltd., a major Chinese port operator listed in Hong Kong, oversees a range of terminal and logistics operations that support global and domestic shipping through the port of Qingdao. Its governance structure includes...
Qingdao Port International Posts Stable 2025 Profit With Stronger Margins
Mar 27, 2026
Qingdao Port International Co., Ltd. reported steady earnings for 2025, with total profit rising 0.9% year on year to RMB7,129 million and net profit attributable to shareholders edging up 0.7% to RMB5,272 million. The overall gross profit margin ...
Qingdao Port International Announces 2025 Final Dividend and Tax Terms for Overseas Holders
Mar 27, 2026
Qingdao Port International Co., Ltd. has proposed a final ordinary cash dividend of RMB 1.988 per 10 shares for the financial year ended 31 December 2025, with payment scheduled for 28 August 2026, subject to shareholder approval. The dividend wil...
Qingdao Port Sets March 2026 Board Meeting to Approve 2025 Results and Consider Dividend
Mar 17, 2026
Qingdao Port International Co., Ltd. has scheduled a board meeting for 27 March 2026 to review and approve the audited annual results for the year ended 31 December 2025 and to consider their release to the market. The board will also deliberate o...
Qingdao Port Posts Stable 2025 Preliminary Earnings With Stronger Balance Sheet
Mar 16, 2026
Qingdao Port International Co., Ltd. reported largely stable preliminary results for 2025, with total operating revenue edging down 0.7% year-on-year to RMB 188.1 billion, while net profit attributable to shareholders rose 0.7% to RMB 52.7 billion...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.