Qingdao Port International Co Ltd

Chart & Performance

D1W1MN

P/E

6.96

P/S

1.89

EPS

0.81

Div Yield, %

5.16%

Shrs. gr., 5y

1.46%

Rev. gr., 5y

9.13%

Revenues

18.17b

-5.66%

Net income

4.92b

+8.72%

CFO

6.15b

-1.31%

Dividend

Jun 11, 20240.32179 HKD/sh

Earnings

Mar 26, 2025

Profile

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 Services; Logistics and Port Value-Added Services; Port Ancillary Services; and Financial Services. The company is involved in the loading and discharging of containers, metal ores, coal, grains, and break bulk and liquid bulk cargos, as well as other general cargos. It also provides storage services; and port management, container freight station, cargo logistics, agency, towing, tallying, facilities construction, and other services. In addition, the company manufactures port related equipment; and supplies electricity power, fuel, and other products. Further, it offers port machinery manufacture, construction, tugboat and barging, and ocean shipping tallying services; and security, emergency, stevedoring and handling, and textile and apparel services. Additionally, the company provides financial products and services comprising deposit taking, guarantee, insurance agency, and investment and financial management services, as well as corporate loans; and shipping repair and agency, engineering and construction, cargo and trade agency, engineering design, technology, property management, media, lightering, oil pipeline transportation, and check and inspection services. It also engages in the LNG operations. As of December 31, 2021, it operated 92 berths at the Port of Qingdao. The company was incorporated in 2013 and is headquartered in Qingdao, the People's Republic of China. Qingdao Port International Co., Ltd. operates as a subsidiary of Shandong Qingdao Port Group Co., Ltd.

URL

http://www.qingdao-port.com/

IPO date

Jun 06, 2014

Employees

9,882

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	18,173,128 -5.66%	19,262,765 19.65%	16,099,182 21.78%
Cost of revenue	12,232,203	13,585,189	11,220,191
Unusual Expense (Income)
NOPBT	5,940,925	5,677,576	4,878,991
NOPBT Margin	32.69%	29.47%	30.31%
Operating Taxes	1,272,080	1,308,791	1,153,879
Tax Rate	21.41%	23.05%	23.65%
NOPAT	4,668,846	4,368,785	3,725,111
Net income	4,923,322 8.72%	4,528,240 13.71%	3,982,212 3.65%
Dividends	(1,881,926)	(1,664,318)	(1,737,666)
Dividend yield	4.69%	4.57%	4.70%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	1,353,338	1,896,334	2,879,162
Long-term debt	2,675,309	2,649,355	477,022
Deferred revenue	336,794	323,941	268,391
Other long-term liabilities	4,504,197	5,112,832	5,103,289
Net debt	(21,629,512)	(17,912,121)	(15,803,433)
Cash flow
Cash from operating activities	6,151,398	6,233,011	2,754,377
CAPEX	(2,714,221)	(2,956,796)	(2,683,805)
Cash from investing activities	(2,768,360)	(795,417)	1,965,809
Cash from financing activities	(3,052,219)	(4,692,305)	(2,542,682)
FCF	4,029,537	739,331	1,692,091
Balance
Cash	11,218,589	10,175,748	10,012,064
Long term investments	14,439,571	12,282,062	9,147,553
Excess cash	24,749,503	21,494,671	18,354,658
Stockholders' equity	32,817,230	29,411,030	26,518,579
Invested Capital	28,240,284	28,833,864	28,601,153
ROIC	16.36%	15.21%	13.18%
ROCE	11.20%	11.27%	10.38%
EV
Common stock shares outstanding	6,491,100	6,491,100	6,491,100
Price	6.18 10.16%	5.61 -1.41%	5.69 -11.51%
Market cap	40,114,998 10.16%	36,415,071 -1.41%	36,934,359 -11.51%
EV	22,747,092	22,380,127	24,992,272
EBITDA	7,418,141	6,981,255	5,932,828
EV/EBITDA	3.07	3.21	4.21
Interest	161,762	156,338	156,932
Interest/NOPBT	2.72%	2.75%	3.22%