XSHG601298
Market cap7.00bUSD
Dec 24, Last price
8.46CNY
1D
1.68%
1Q
-0.47%
IPO
-4.19%
Name
Qingdao Port International Co Ltd
Chart & Performance
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.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
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% |