Ocean Line Port Development Limited (8502) AI Stock Analysis

• Market Cap: HK$240.00M
• Dividend Yield: N/A
• Average Volume (3M): 62.67K
• Price to Earnings (P/E): 4.1
• Beta (1Y): 0.28
• Revenue Growth: 0.89%
• EPS Growth: -3.77%
• Country: HK
• Employees: 205
• Sector: Industrials
• Sector Strength: 73
• Industry: Industrial - Infrastructure Operations
• EPS (TTM): 0.03
• Shares Outstanding: 800,000,000
• 10 Day Avg. Volume: 27,200
• 30 Day Avg. Volume: 62,666
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: HK$0.50
• Price Target Upside: 66.67% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 74 Outperform
• Price Target: HK$0.50 ▲(66.67% Upside)

The overall stock score is driven primarily by strong financial performance and attractive valuation. The company's robust balance sheet and low P/E ratio are significant strengths. However, the lack of recent cash flow data and neutral technical indicators slightly temper the score.

Ocean Line Port Development Limited Business Overview & Revenue Model

Company Description

Ocean Line Port Development Limited, an inland terminal operator, provides port logistic services in the People's Republic of China. The company operates two port terminals, including Jiangkou Terminal and Niutoushan Terminal located in Chizhou City, Anhui. It offers cargo uploading and unloading of cargoes, bulk cargoes handling, container handling, storage, short distance land transportation, and related ancillary port services. The company was founded in 2007 and is headquartered in Chizhou, the People's Republic of China. Ocean Line Port Development Limited is a subsidiary of Vital Force Development Limited.

How the Company Makes Money

Ocean Line Port Development Limited generates revenue primarily through the fees charged for the use of its port facilities and services. This includes docking fees, cargo handling charges, and storage fees from shipping companies and freight operators. The company may also earn revenue from leasing port space to logistics companies and other businesses that require proximity to maritime transport routes. Additionally, Ocean Line Port Development Limited may have strategic partnerships with shipping lines and logistics firms, which contribute to a steady stream of business and income. Revenue is further enhanced by value-added services such as customs clearance, freight forwarding, and supply chain management solutions that are offered to clients.

Ocean Line Port Development Limited Financial Statement Overview

Summary

Ocean Line Port Development Limited exhibits strong financial health, with consistent revenue growth, high profitability margins, and a stable balance sheet featuring low leverage. The key concern is the absence of recent cash flow data, which raises uncertainty about cash generation and potential liquidity issues.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	177.04M	173.58M	187.38M	165.84M	150.50M
Gross Profit	117.26M	111.11M	115.13M	97.69M	83.89M
EBITDA	108.49M	121.48M	131.13M	121.71M	102.24M
Net Income	65.62M	59.14M	87.45M	79.50M	64.18M
Balance Sheet
Total Assets	908.63M	832.30M	813.16M	748.46M	650.18M
Cash, Cash Equivalents and Short-Term Investments	395.15M	306.18M	289.98M	231.15M	125.21M
Total Debt	1.13M	1.59M	497.00K	880.00K	1.32M
Total Liabilities	179.91M	186.07M	187.19M	192.38M	172.65M
Stockholders Equity	552.08M	486.66M	472.02M	409.18M	351.93M
Cash Flow
Free Cash Flow	71.14M	84.49M	85.69M	109.18M	76.94M
Operating Cash Flow	76.89M	89.53M	100.06M	129.78M	124.14M
Investing Cash Flow	-159.65M	16.62M	-60.41M	-25.31M	-50.63M
Financing Cash Flow	9.42M	-60.35M	-17.33M	4.15M	-35.15M

Ocean Line Port Development Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.30
• 50DMA: Negative
• 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 0.3 is above the 20-day moving average (MA) of 0.30, below the 50-day MA of 0.30, and above the 200-day MA of 0.29, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.14 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 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	74 Outperform	HK$240.00M	4.05	10.04%	―	0.89%	-3.77%
1785	72 Outperform	HK$3.48B	6.56	10.79%	5.20%	0.20%	-17.12%
1576	70 Neutral	HK$3.70B	7.85	10.92%	5.92%	-21.80%	―
Sector *	63 Neutral	$10.73B	15.32	7.37%	2.01%	2.86%	-14.57%
2258	58 Neutral	HK$152.34M	2.00	10.40%	5.51%	-13.98%	―
1823	44 Neutral	HK$445.62M	128.95	-5.81%	―	-44.12%	-3110.53%
0269	40 Underperform	HK$106.44M	0.15		―	-2.61%	-119.48%