China Merchants Port Group Co Ltd

Chart & Performance

D1W1MN

P/E

7.46

P/S

1.69

EPS

1.54

Div Yield, %

11.32%

Shrs. gr., 5y

6.92%

Rev. gr., 5y

10.17%

Revenues

15.75b

-2.96%

Net income

3.57b

-56.61%

CFO

6.58b

-4.92%

Earnings

May 30, 2025

Profile

China Merchants Port Group Co., Ltd., together with its subsidiaries, engages in handling, warehousing, and transportation of containers and bulk cargoes in Mainland China, Hong Kong, Taiwan, and internationally. The company operates through Cargo Handling and Warehousing, Ancillary Port-Related Services, and Bonded Logistics Operations segments. The Cargo Handling and Warehousing segment offers ship berthing, loading and discharging, and container storage services to ship companies and cargo owners; and overhead box services to tractor companies. This segment is also involved in the division or merger of cargoes in containers, and container leasing and maintenance businesses; bulk cargo handling and warehousing services; bulk cargo handling and transportation in port zones; and storage services. The Ancillary Port-Related Services segment provides tugboat berthing assistance and barge services at the arrival of ships to the ports, and tallying in the course of cargo handling; and supplies shore power and freshwater for vessels. The Bonded Logistics Operations offers leasing, loading, and unloading services in warehouses/yards, and customs clearance and division or merger of cargoes at terminals; and documentation services for tractors arriving or leaving the bonded logistics parks. It also engages in the property development and investment activities. The company was formerly known as Shenzhen Chiwan Wharf Holdings Limited and changed its name to China Merchants Port Group Co., Ltd. in December 2018. China Merchants Port Group Co., Ltd. was founded in 1872 and is headquartered in Shenzhen, China. China Merchants Port Group Co., Ltd. is a subsidiary of China Merchants Port Investment Development Company Limited.

URL

https://www.cmp1872.com/

IPO date

May 05, 1993

Employees

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	15,750,476 -2.96%	16,230,489 6.19%	15,283,808 21.12%
Cost of revenue	9,898,118	10,289,280	9,605,746
Unusual Expense (Income)
NOPBT	5,852,358	5,941,209	5,678,062
NOPBT Margin	37.16%	36.61%	37.15%
Operating Taxes	1,303,580	1,113,180	1,429,093
Tax Rate	22.27%	18.74%	25.17%
NOPAT	4,548,778	4,828,030	4,248,969
Net income	3,571,801 -56.61%	8,231,683 7.53%	7,655,006 38.54%
Dividends	(3,212,018)	(826,617)	(730,499)
Dividend yield	8.06%	2.78%	2.24%
Proceeds from repurchase of equity		(7,779)
BB yield		0.03%
Debt
Debt current	24,282,315	18,805,562	21,919,662
Long-term debt	34,517,397	33,375,094	25,926,102
Deferred revenue	1,030,383	1,031,273	1,075,958
Other long-term liabilities	5,715,873	4,412,160	4,198,174
Net debt	(68,364,738)	(55,717,253)	(36,269,804)
Cash flow
Cash from operating activities	6,579,607	6,920,377	6,510,327
CAPEX	(1,929,375)
Cash from investing activities	(146,649)
Cash from financing activities	(6,400,805)	7,516,238
FCF	7,000,603	4,049,393	5,178,023
Balance
Cash	20,648,452	16,614,710	19,694,181
Long term investments	106,515,997	91,283,198	64,421,387
Excess cash	126,376,925	107,086,384	83,351,378
Stockholders' equity	88,266,730	94,052,972	87,845,504
Invested Capital	100,817,617	89,966,618	77,586,031
ROIC	4.77%	5.76%	5.58%
ROCE	3.02%	3.15%	3.43%
EV
Common stock shares outstanding	2,497,763	2,072,948	1,922,365
Price	15.96 11.14%	14.36 -15.28%	16.95 6.47%
Market cap	39,864,294 33.92%	29,767,533 -8.64%	32,584,089 6.47%
EV	38,221,898	48,044,922	67,548,523
EBITDA	8,973,260	8,969,565	8,501,215
EV/EBITDA	4.26	5.36	7.95
Interest	1,971,041	2,002,837	1,909,849
Interest/NOPBT	33.68%	33.71%	33.64%