Investment Rating - The investment rating for the company is "Accumulate" [4] Core Insights - The company has demonstrated significant cost control effectiveness, resulting in resilient operating performance despite external pressures [1][2] - The company is expected to benefit from its strong market position, digital transformation initiatives, and the "new carrier" model, which aligns with trends in industry globalization and supply chain integration [2] Financial Performance Summary - For the first three quarters of 2025, the company reported operating revenue of approximately 750.38 billion yuan, a year-on-year decrease of 12.6%, and a net profit attributable to shareholders of 26.79 billion yuan, down 5.2% year-on-year [1][8] - The gross profit margin improved to approximately 5.71%, up 0.83 percentage points from 4.88% in the same period last year, indicating strong cost management and business structure optimization [1] - Investment income for the first three quarters reached 1.632 billion yuan, an increase of 11.18% year-on-year, although core investment income from joint ventures decreased by 24.37% [1] Business Segment Performance - The professional logistics segment showed steady growth, with contract logistics, project logistics, and chemical logistics volumes increasing by 2.1%, 2.1%, and 6.3% respectively [1] - The sea freight agency business performed well, with a volume increase of 7.6%, while air freight and rail agency volumes declined by 11.8% and 12.5% respectively due to strategic adjustments in response to external policy changes [1] - The cross-border e-commerce logistics business saw a significant contraction, with volumes dropping by 71.3%, while the logistics e-commerce platform business grew by 55.4% [1]

香港联交所最新资料显示，10月24日，LSV Asset Management减持中国外运（601598）(00598)14.9万 股，每股作价5.3203港元，总金额约为79.27万港元。减持后最新持股数目约为1.21亿股，最新持股比例 为5.99%。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 中國外運股份有限公司 呈交日期： 2025年10月28日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 A | | 於香港聯交所上市 | 否 | | | 證券代號 (如上市) | 601598 | 說明 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股份（不包括庫存 ...

中国外运（601598）(00598)发布公告，于2025年10月28日，该公司斥资1499.51万元回购247.57万股A 股，每股回购价格为6.03-6.09元。 ...

Core Viewpoint - China National Foreign Trade Transportation Group (China National Freight) announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Group 1 - The company plans to repurchase 2.4757 million A-shares at a total cost of 14.9951 million yuan [1] - The buyback price per share is set between 6.03 and 6.09 yuan [1]

格隆汇10月28日丨中国外运(00598.HK)发布公告，2025年10月28日耗资1500万元人民币回购247.5万股A 股，回购价格每股6.03-6.09元。 ...

表格類別： 股票 狀態： 新提交 公司名稱： 中國外運股份有限公司 呈交日期： 2025年10月28日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 A | | 於香港聯交所上市 | 否 | | | 證券代號 (如上市) | 601598 | 說明 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股份（不包括庫存 ...

中国外运(0598.HK)盘中跌3.9%至5.17港元。中国外运公告，2025年前三季度营业收入750.38亿元，同比下滑12.62%；归属于上市公司股东的净利26.79亿 元，同比下降5.17%；基本每股收益0.3684元。其中，Q3公司营业收入245.2亿元，同比下降16.9%，环比下降8.36%；归母净利润7.3亿元，同比下降16.8%， 环比下降43.75%。(格隆汇) ...

Core Viewpoint - China National Foreign Trade Transportation Group (China National Freight) saw its stock price drop over 3% following its earnings report, indicating market reaction to the financial results [1] Group 1 - The stock price of China National Freight fell by 3.53%, reaching HKD 5.19 [1] - The trading volume was reported at HKD 10.7499 million [1]

Core Viewpoint - China National Foreign Trade Transportation Group (China Foreign Trade) reported a decline in revenue and net profit for the first three quarters ending September 30, 2025, leading to a stock price drop of over 3% [1] Financial Performance - The company achieved an operating revenue of 75.038 billion yuan, a year-on-year decrease of 12.62% [1] - The net profit attributable to shareholders was 2.679 billion yuan, down 5.17% year-on-year [1] - Basic earnings per share stood at 0.3684 yuan [1] Quarterly Results - For the third quarter of 2025, the company reported a single-quarter operating revenue of 24.515 billion yuan, reflecting a year-on-year decline of 16.9% [1] - The net profit attributable to shareholders for the third quarter was 732 million yuan, a decrease of 16.8% year-on-year [1]