Dalian Port (PDA) Company Limited

Chart & Performance

D1W1MN

P/E

10.52

P/S

1.16

EPS

0.06

Div Yield, %

3.30%

Shrs. gr., 5y

12.89%

Rev. gr., 5y

12.59%

Revenues

12.22b

+2.00%

Net income

1.34b

+1.93%

CFO

3.55b

+4.15%

Dividend

Jul 03, 20240.02094 HKD/sh

Profile

Liaoning Port Co., Ltd., together with its subsidiaries, provides port and logistics services in Mainland China. The company offers oil/liquefied chemicals terminal and related logistics, and trading services for loading and discharging, storage, and transshipment of oil products and liquefied chemicals; and port management services. It also provides container terminal and related logistics services for loading and discharging, storage, and transshipment of containers; and various container logistics services, as well as leases terminals and sells properties. In addition, the company offers bulk and general cargo terminal and related logistics services for loading and discharging general cargo and ore, as well as trades in steel. Further, it provides bulk grains terminal, and related logistics and trading services for loading and discharging of grains and trades in unprocessed grains; passenger, roll-on and roll-off terminal, and related logistics services; and port value-added and related ancillary services, including tallying, tugging, transportation, power supply, information technology, and construction. Additionally, the company offers automobile terminal, and related logistics and trading services for loading and discharging automobile. The company was formerly known as Dalian Port (PDA) Company Limited and changed its name to Liaoning Port Co., Ltd. in January 2021. Liaoning Port Co., Ltd. was founded in 2005 and is headquartered in Dalian, the People's Republic of China.

URL

http://www.liaoganggf.cn/

IPO date

Apr 28, 2006

Employees

11,051

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	12,219,879 2.00%	11,980,738 -2.97%	12,347,555 85.47%
Cost of revenue	9,607,309	9,058,615	8,709,672
Unusual Expense (Income)
NOPBT	2,612,570	2,922,124	3,637,883
NOPBT Margin	21.38%	24.39%	29.46%
Operating Taxes	527,742	461,716	576,242
Tax Rate	20.20%	15.80%	15.84%
NOPAT	2,084,829	2,460,407	3,061,641
Net income	1,343,109 1.93%	1,317,655 -31.23%	1,916,076 135.78%
Dividends	(495,743)	(647,651)	(678,703)
Dividend yield	1.43%	1.67%	1.64%
Proceeds from repurchase of equity			(5,909)
BB yield			0.01%
Debt
Debt current	3,379,102	4,477,640	1,317,029
Long-term debt	12,514,177	13,446,135	12,465,691
Deferred revenue		571,197	503,761
Other long-term liabilities	737,977	229,815	291,209
Net debt	6,771,653	8,739,796	4,829,098
Cash flow
Cash from operating activities	3,554,014	3,412,305	3,822,921
CAPEX	(667,573)
Cash from investing activities	(563,982)
Cash from financing activities	(3,028,534)	286,464	(3,862,974)
FCF	2,884,792	875,785	(13,446,260)
Balance
Cash	5,228,415	5,085,194	4,682,838
Long term investments	3,893,211	4,098,785	4,270,785
Excess cash	8,510,632	8,584,942	8,336,246
Stockholders' equity	31,849,340	32,914,532	32,226,282
Invested Capital	45,883,080	46,630,755	42,658,451
ROIC	4.51%	5.51%	8.99%
ROCE	4.79%	5.27%	7.09%
EV
Common stock shares outstanding	23,987,066	23,987,066	23,950,953
Price	1.45 -10.49%	1.62 -6.36%	1.73 -10.36%
Market cap	34,781,245 -10.49%	38,859,047 -6.22%	41,435,148 -5.10%
EV	44,680,231	50,694,375	49,371,953
EBITDA	4,877,978	5,192,205	5,866,131
EV/EBITDA	9.16	9.76	8.42
Interest	501,453	542,904	632,573
Interest/NOPBT	19.19%	18.58%	17.39%