Ocean Line Port Development Limited (8502) AI Stock Analysis

• Market Cap: HK$240.00M
• Dividend Yield: N/A
• Average Volume (3M): 54.67K
• Price to Earnings (P/E): 4.1
• Beta (1Y): 0.24
• Revenue Growth: 0.89%
• EPS Growth: -3.77%
• Country: HK
• Employees: 205
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Infrastructure Operations
• EPS (TTM): 0.03
• Shares Outstanding: 800,000,000
• 10 Day Avg. Volume: 97,600
• 30 Day Avg. Volume: 54,666
• PEG Ratio: 0.30
• Price to Book (P/B): 0.39
• Price to Sales (P/S): 1.21
• P/FCF Ratio: 3.01
• 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: 73 Outperform
• Price Target: HK$0.32 ▲(15.36% Upside)

The stock's overall score is driven primarily by its strong financial performance and attractive valuation. The company's robust balance sheet and low P/E ratio highlight its financial stability and potential undervaluation. However, technical indicators suggest a bearish trend, which could pose short-term risks. The lack of recent cash flow data adds uncertainty, but the company's historical profitability provides some reassurance.

Positive Factors

Revenue Growth

The company's ability to maintain consistent revenue growth indicates strong market demand and effective business operations, supporting long-term stability.

Balance Sheet Health

A robust balance sheet with minimal leverage and strong equity ratios enhances financial stability and provides resilience against economic fluctuations.

Profitability Margins

High profitability margins reflect efficient cost management and strong pricing power, contributing to sustained financial performance.

Negative Factors

Cash Flow Uncertainty

Lack of recent cash flow data introduces uncertainty about the company's ability to generate cash, which could impact liquidity and operational flexibility.

EBIT Margin Decline

A decline in EBIT margin suggests rising operational costs, which could pressure future profitability if not managed effectively.

EPS Growth Decline

Negative EPS growth indicates challenges in profit expansion, potentially impacting investor confidence and long-term earnings potential.

Ocean Line Port Development Limited Business Overview & Revenue Model

Company Description

Ocean Line Port Development Limited (8502) is a prominent player in the port and logistics sector, specializing in the development, operation, and management of port facilities. The company focuses on enhancing maritime infrastructure to facilitate international trade and transportation. Its core services include cargo handling, terminal operations, and logistics support, catering to various industries such as shipping, manufacturing, and retail.

How the Company Makes Money

Ocean Line Port Development Limited generates revenue primarily through port operations and related services. Key revenue streams include fees from cargo handling, storage, and terminal usage, which are charged to shipping companies and freight handlers. The company may also engage in long-term contracts with logistics firms and shipping lines, providing a steady income base. Additionally, partnerships with governmental and private entities can lead to joint ventures in port expansion projects, further enhancing revenue. Factors such as increasing global trade volumes, strategic location of port facilities, and investments in infrastructure improvements also contribute to its earnings.

Ocean Line Port Development Limited Financial Statement Overview

Summary

Ocean Line Port Development Limited displays strong financial health with consistent revenue growth and high profitability margins. The balance sheet is exceptionally stable with low leverage and strong equity ratios. However, the absence of recent cash flow data introduces uncertainty about cash generation capabilities, which could impact liquidity if not addressed.

Income Statement

Ocean Line Port Development Limited has shown consistent revenue growth over the years, with a 2% increase from 2023 to 2024. The gross profit margin is strong at 66.2%, indicating effective cost management. However, the EBIT margin decreased slightly from 56.4% to 49.2%, suggesting increased operational costs. The net profit margin improved from 34.1% to 37.1%, reflecting better overall profitability.

Balance Sheet

The company's balance sheet is robust with a low debt-to-equity ratio of 0.002, suggesting financial stability with minimal leverage. The equity ratio is strong at 60.8%, highlighting a solid capital structure. Return on equity is healthy at 11.9%, indicating efficient use of equity to generate profits.

Cash Flow

There is a notable absence of operating cash flow for 2024, which raises concerns about cash generation despite strong profit margins. Historically, the company has maintained positive free cash flow, but the lack of recent data makes it challenging to assess current cash flow health. The free cash flow to net income ratio for 2023 was strong at 1.43, suggesting efficient cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	169.86M	177.04M	173.58M	187.38M	165.84M	150.50M
Gross Profit	113.81M	117.26M	111.11M	115.13M	97.69M	83.89M
EBITDA	103.69M	108.49M	121.48M	131.13M	121.71M	102.24M
Net Income	54.78M	65.62M	59.14M	64.09M	57.21M	44.58M
Balance Sheet
Total Assets	926.71M	908.63M	832.30M	813.16M	748.46M	650.18M
Cash, Cash Equivalents and Short-Term Investments	393.55M	395.15M	306.18M	289.98M	231.15M	125.21M
Total Debt	832.00K	1.13M	1.59M	497.00K	880.00K	1.32M
Total Liabilities	169.99M	179.91M	186.07M	187.19M	192.38M	172.65M
Stockholders Equity	569.14M	552.08M	486.66M	472.02M	409.18M	351.93M
Cash Flow
Free Cash Flow	45.53M	71.14M	84.49M	85.69M	109.18M	76.94M
Operating Cash Flow	51.27M	76.89M	89.53M	100.06M	129.78M	124.14M
Investing Cash Flow	-19.37M	-159.65M	16.62M	-60.41M	-25.31M	-50.63M
Financing Cash Flow	2.73M	9.42M	-60.35M	-17.33M	4.15M	-35.15M

Ocean Line Port Development Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.28
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8502, the sentiment is Positive. The current price of 0.28 is below the 20-day moving average (MA) of 0.30, below the 50-day MA of 0.30, and below the 200-day MA of 0.29, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.04 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8502.

Ocean Line Port Development Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8502	73 Outperform	HK$240.00M	4.05	10.04%	―	0.89%	-3.77%
1785	72 Outperform	HK$3.43B	6.42	10.26%	5.25%	3.78%	-17.34%
1576	64 Neutral	HK$3.62B	7.68	10.92%	6.05%	-21.80%	-8.00%
2258	64 Neutral	HK$180.18M	2.37	10.40%	4.64%	-13.98%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1823	54 Neutral	HK$474.50M	-9.88	-5.81%	―	-44.12%	-3110.53%
0269	40 Underperform	HK$106.44M	-0.34	―	―	5.76%	-138.78%