Ningbo Zhoushan Port Co Ltd

Chart & Performance

D1W1MN

P/E

14.38

P/S

2.45

EPS

0.25

Div Yield, %

2.51%

Shrs. gr., 5y

8.11%

Rev. gr., 5y

3.37%

Revenues

28.70b

+10.42%

Net income

4.90b

+4.91%

CFO

6.76b

-8.04%

Dividend

May 16, 20240.091 CNY/sh

Profile

Ningbo Zhoushan Port Company Limited operates as a container ocean trunk port. Its terminal functions include container terminal facilities; iron ore professional terminal; crude oil terminal; liquid chemical raw material collection and drainage base; coal transfer, storage, and transportation base; and cruise port terminal services. The company also offers port services, such as pilotage, container ship tally, container loading and unpacking, cargo measurement, easy-to-fluidize solid bulk cargo sampling, and cargo damage and container inspection services. In addition, it provides sea-rail transport logistics, domestic trade, shipping agency, port area freight forwarding, container logistics yard, railway liquefied product transportation and agency, cargo warehousing and full transportation, handling ship entry and exit procedures, contact arrangements for pilotage; signing bills of lading, and transportation contracts business. Further, the company handles customs declaration procedures for ships, containers, and goods; handles consignment and transit of goods and containers, and settlement and other projects; undertakes non-vessel operations; collects freight; and offers land bridge railway transportation, multimodal transportation, railway transit, export transportation, container rental, and other services. The company was formerly known as Ningbo Port Co., Ltd. and changed its name to Ningbo Zhoushan Port Company Limited in August 2016. Ningbo Zhoushan Port Company Limited was founded in 2008 and is based in Ningbo, China. Ningbo Zhoushan Port Company Limited is a subsidiary of Zhejiang Provincial Seaport Investment & Operation Group Co., Ltd.

URL

https://www.nbport.com.cn/

IPO date

Sep 28, 2010

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	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	28,702,311 10.42%	25,993,200 0.53%	25,855,015 11.79%
Cost of revenue	23,321,786	21,047,199	20,624,486
Unusual Expense (Income)
NOPBT	5,380,525	4,946,001	5,230,529
NOPBT Margin	18.75%	19.03%	20.23%
Operating Taxes	1,511,806	1,099,621	1,307,219
Tax Rate	28.10%	22.23%	24.99%
NOPAT	3,868,719	3,846,380	3,923,310
Net income	4,897,513 4.91%	4,668,391 10.45%	4,226,620 -2.43%
Dividends	(2,206,830)	(2,172,389)	(1,422,668)
Dividend yield	2.95%	3.14%	2.38%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	1,088,455	4,900,596	1,685,215
Long-term debt	7,967,532	7,880,549	12,027,330
Deferred revenue	502,938	210,796	213,763
Other long-term liabilities	927,692	985,432	1,200,342
Net debt	(8,794,250)	(13,613,603)	(17,078,342)
Cash flow
Cash from operating activities	6,762,913	7,353,997	5,049,016
CAPEX	(5,205,624)	(8,898,739)	(6,353,886)
Cash from investing activities	(5,629,395)	(10,828,619)	(5,360,274)
Cash from financing activities	(6,003,744)	(3,430,593)	6,266,334
FCF	964,759	(2,299,657)	(783,127)
Balance
Cash	4,988,908	9,635,337	16,792,820
Long term investments	12,861,329	16,759,411	13,998,067
Excess cash	16,415,121	25,095,088	29,498,136
Stockholders' equity	53,746,007	49,580,588	49,760,707
Invested Capital	79,151,600	65,612,354	61,394,179
ROIC	5.34%	6.06%	6.46%
ROCE	5.57%	5.40%	5.73%
EV
Common stock shares outstanding	19,454,388	19,454,388	16,719,160
Price	3.85 8.15%	3.56 -0.56%	3.58 -9.82%
Market cap	74,899,394 8.15%	69,257,621 15.71%	59,854,593 -4.62%
EV	73,361,270	61,472,475	47,246,739
EBITDA	9,744,768	8,684,911	8,378,227
EV/EBITDA	7.53	7.08	5.64
Interest	289,810	250,864	519,270
Interest/NOPBT	5.39%	5.07%	9.93%