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Qingdao Port International Co Ltd Class H (HK:6198)
:6198
Hong Kong Market

Qingdao Port International Co Ltd Class H (6198) AI Stock Analysis

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HK

Qingdao Port International Co Ltd Class H

(6198)

71Outperform
Qingdao Port International Co Ltd Class H demonstrates strong financial health with consistent revenue growth and robust profitability, which are significant strengths. While the technical analysis suggests some short-term weakness, the stock's attractive valuation with a low P/E ratio and high dividend yield enhances its appeal. Despite some cash flow management challenges, the company is well-positioned in the Marine Shipping industry.

Qingdao Port International Co Ltd Class H (6198) vs. S&P 500 (SPY)

Qingdao Port International Co Ltd Class H Business Overview & Revenue Model

Company DescriptionQingdao Port International Co Ltd Class H (6198) is a key player in the port industry, primarily engaged in the operation and management of port terminals. Located in Qingdao, China, the company offers a wide range of services including container handling, bulk cargo handling, logistics, and warehousing. As one of the largest comprehensive ports in the world, Qingdao Port International serves as a crucial gateway for international trade, facilitating the import and export activities across various sectors.
How the Company Makes MoneyQingdao Port International Co Ltd generates revenue through several streams, primarily from port operation services, which include container and bulk cargo handling fees. The company charges shipping lines for the use of its terminals and facilities, as well as for stevedoring and other port-related services. Additional revenue comes from logistics and warehousing services, providing value-added solutions to optimize supply chain efficiency for its clients. Strategic partnerships with shipping companies and global logistics providers also play a role in enhancing its service offerings and expanding its market reach. The company's earnings are bolstered by its strategic location and state-of-the-art facilities, which attract significant traffic from international trade routes.

Qingdao Port International Co Ltd Class H Financial Statement Overview

Summary
Qingdao Port International Co Ltd Class H showcases strong financial health with consistent revenue growth, robust profitability, and a solid balance sheet. The company effectively manages its equity and maintains low leverage, contributing to financial stability. Although cash flow management poses some challenges, particularly in free cash flow generation, the overall financial position remains strong. The company is well-positioned for growth within the Marine Shipping industry.
Income Statement
The income statement exhibits a strong performance with consistent revenue growth from 2023 to 2024. The gross profit margin increased from 31.21% in 2023 to 35.45% in 2024, indicating enhanced efficiency. The net profit margin also improved from 27.09% to 27.63%, reflecting robust profitability. The EBIT margin remained healthy at 37.34% in 2024. However, EBITDA margin showed a slight decline, warranting attention. Overall, the income statement reflects a solid growth trajectory and stable profitability.
Balance Sheet
78
The balance sheet is strong, with a healthy equity ratio of 67.72% in 2024, indicating financial stability. The debt-to-equity ratio is conservative at 0.07, showcasing low leverage and reduced financial risk. Return on Equity (ROE) improved significantly to 12.32% in 2024, highlighting effective utilization of shareholder funds. However, the increase in total debt from 2023 to 2024 requires monitoring. Overall, the balance sheet demonstrates financial stability and effective equity management.
Cash Flow
Cash flow analysis is positive with a strong operating cash flow to net income ratio of 0.98 in 2024, indicating efficient cash generation. However, free cash flow decreased from 2023 to 2024, primarily due to capital expenditures, leading to a reduced free cash flow to net income ratio of 0.59. The free cash flow growth rate was negative, signaling potential cash flow management challenges. Despite these issues, the company maintains robust operating cash flow.
Breakdown
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
18.17B19.26B16.10B13.22B12.16B
Gross Profit
5.67B6.06B5.14B4.73B3.99B
EBIT
6.75B6.56B5.78B5.52B5.11B
EBITDA
8.38B8.01B7.16B6.66B6.19B
Net Income Common Stockholders
4.92B4.53B3.98B3.84B3.79B
Balance SheetCash, Cash Equivalents and Short-Term Investments
11.19B10.18B10.01B11.66B13.06B
Total Assets
60.25B57.48B60.58B57.18B52.79B
Total Debt
3.43B3.92B3.06B3.60B2.76B
Net Debt
-7.47B-5.25B-5.18B-4.09B-3.37B
Total Liabilities
15.71B16.20B21.79B20.44B19.19B
Stockholders Equity
40.28B37.40B34.92B33.00B30.36B
Cash FlowFree Cash Flow
3.44B3.28B70.57M617.13M641.55M
Operating Cash Flow
6.15B6.23B2.75B3.60B2.97B
Investing Cash Flow
-1.98B-795.42M1.97B-1.07B-1.98B
Financing Cash Flow
-3.05B-4.69B-2.54B-416.41M-1.02B

Qingdao Port International Co Ltd Class H Technical Analysis

Technical Analysis Sentiment
Negative
Last Price5.76
Price Trends
50DMA
5.97
Negative
100DMA
5.97
Negative
200DMA
5.77
Negative
Market Momentum
MACD
-0.12
Positive
RSI
40.55
Neutral
STOCH
21.94
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6198, the sentiment is Negative. The current price of 5.76 is below the 20-day moving average (MA) of 5.82, below the 50-day MA of 5.97, and below the 200-day MA of 5.77, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 40.55 is Neutral, neither overbought nor oversold. The STOCH value of 21.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6198.

Qingdao Port International Co Ltd Class H Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
HK$56.40B6.3112.46%7.99%5.80%5.59%
71
Outperform
$53.78B8.597.81%3.75%7.72%2.35%
71
Outperform
$778.76B9.2912.78%8.56%-7.73%-6.97%
69
Neutral
$30.85B13.841.63%10.94%9.02%-47.36%
64
Neutral
$113.52B5.3722.05%17.96%2.87%
64
Neutral
$4.25B11.695.23%249.83%4.04%-9.46%
63
Neutral
$15.27B5.815.64%6.10%5.93%-3.64%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:6198
Qingdao Port International Co Ltd Class H
5.76
0.87
17.79%
HK:1199
COSCO SHIPPING Ports
4.17
-0.69
-14.20%
HK:1088
China Shenhua Energy Co
29.90
-2.34
-7.26%
HK:1171
Yankuang Energy Group Company Limited Class H
8.25
-4.48
-35.19%
HK:2883
China Oilfield Services
6.03
-2.16
-26.36%
HK:0101
Hang Lung Properties
6.07
-1.14
-15.87%

Qingdao Port International Co Ltd Class H Corporate Events

Qingdao Port International Reports Strong Q1 2025 Financial Results
Apr 29, 2025

Qingdao Port International Co., Ltd. announced its unaudited financial results for the first quarter of 2025, reporting an 8.51% increase in operating revenue compared to the previous year. The net profit attributable to shareholders rose by 6.51%, while net cash flows from operating activities surged by 120.47%, indicating strong operational performance and financial health.

Qingdao Port Reports Growth in Q1 2025 Throughput
Apr 29, 2025

Qingdao Port International Co., Ltd. reported an increase in cargo and container throughput for the first quarter of 2025, with figures reaching 177.06 million tons and 8.22 million TEUs, respectively. This growth of 2.9% in cargo and 7.2% in containers compared to the previous year highlights the company’s expanding operational capacity and potential positive impact on its market position.

Qingdao Port International Schedules Board Meeting for Q1 Results
Apr 15, 2025

Qingdao Port International Co., Ltd. has announced a board meeting scheduled for April 29, 2025, to consider and approve the quarterly results for the first quarter ending March 31, 2025. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and strategic direction for the upcoming quarters.

Qingdao Port International Reports 6.3% Increase in Annual Net Profit
Mar 28, 2025

Qingdao Port International Co., Ltd. reported a net profit of RMB5,235 million for the year ended 31 December 2024, marking a 6.3% increase from the previous year. The company’s earnings per share rose by 6.6%, and its asset-liability ratio decreased slightly to 25.43%. These results indicate a stable financial performance, reflecting the company’s effective operational strategies and strong market positioning.

Qingdao Port International Announces Final Dividend for 2024
Mar 28, 2025

Qingdao Port International Co., Ltd. has announced a final cash dividend for the year ending December 31, 2024. The dividend is set at RMB 200.7 per 1,000 shares, with shareholder approval scheduled for June 27, 2025. The ex-dividend date is July 2, 2025, and the payment date is August 25, 2025. A withholding tax rate of 10% will be applied to non-resident shareholders, in accordance with relevant tax laws and treaties.

Qingdao Port International Holds First Extraordinary General Meeting of 2025
Mar 28, 2025

Qingdao Port International Co., Ltd. held its first extraordinary general meeting of 2025, where a resolution was voted on by poll. The meeting saw participation from shareholders and proxies holding 83.3222% of the total issued shares, with Qingdao Port Group and its associates abstaining from voting due to their significant shareholding. The meeting complied with relevant legal and regulatory requirements, and the resolution was successfully put to vote.

Qingdao Port International Reports Steady Growth in 2024 Preliminary Results
Mar 20, 2025

Qingdao Port International Co., Ltd. announced its preliminary annual results for 2024, reporting a 4.23% increase in total operating revenue and a 6.33% rise in net profit attributable to shareholders compared to the previous year. The company’s financial performance indicates a stable growth trajectory, with a slight decrease in weighted average return on net assets by 0.05 percentage points, reflecting its strong market positioning and operational efficiency.

Qingdao Port International Revises Restructuring Plan Amid Client Bankruptcy Delays
Feb 21, 2025

Qingdao Port International Co., Ltd announced adjustments to its restructuring plan due to delays in resolving bankruptcy matters of key clients. The company has decided to withdraw from acquiring stakes in United Pipeline and Gangyuan Pipeline but will continue to acquire full ownership of an Oil Company and half ownership of Rizhao Shihua. These changes are significant under Hong Kong Listing Rules and involve connected transactions with Rizhao Port Group, a subsidiary of Shandong Port Group. The transaction will result in Oil Company becoming a subsidiary and Rizhao Shihua a joint venture, without affecting the control structure of the company.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.