Core Viewpoint - Ningbo Port (601018) announced an expected increase in container throughput and cargo throughput for April 2025, indicating positive growth trends in the logistics and shipping industry [1] Group 1: Container Throughput - The company anticipates completing a container throughput of 4.27 million TEUs in April 2025, representing a year-on-year growth of 8.8% [1] Group 2: Cargo Throughput - The expected cargo throughput is projected to reach 104 million tons in April 2025, reflecting a year-on-year increase of 7.5% [1]

Core Insights - The article highlights the busy operations at Ningbo-Zhoushan Port, particularly in the context of international trade and logistics, emphasizing the importance of efficient shipping channels for exporters [2][4]. Group 1: Export Activities - Export activities are notably active as companies prepare for shipments, with specific examples such as a shipment of nearly 10,000 plastic Christmas trees to Naples, Italy [2]. - The logistics company, Yiwudexiang, utilizes Yiwupor as a primary export channel, benefiting from its proximity to the international trade city [3]. Group 2: Port Development and Efficiency - Yiwupor is enhancing its capabilities by developing the "Sixth Port Area" to facilitate smoother international trade operations, aiming to extend port services inland [3]. - The "Sixth Port Area" reported a throughput of 165,000 TEUs in Q1, marking a 5.5% increase year-on-year, with significant growth in container handling and logistics efficiency [3]. Group 3: Overall Port Performance - Ningbo-Zhoushan Port is projected to handle 1.38 billion tons of cargo and 39.3 million TEUs in 2024, maintaining its position as a global leader in port operations [4]. - In Q1, the port achieved a container throughput of 10.072 million TEUs, reflecting a 10.2% year-on-year increase, indicating a strong start to the year [4]. Group 4: National Port Statistics - Nationally, ports completed a cargo throughput of 4.22 billion tons in Q1, with a year-on-year growth of 3.2%, and container throughput of 83.03 million TEUs, up 8.2% [5]. - The external trade container throughput reached 50.44 million TEUs, growing by 11.5%, showcasing resilience in international trade despite global challenges [5].

Core Insights - Ningbo Port (601018.SH) reported a total operating revenue of 7.058 billion yuan for Q1 2025, ranking 3rd among disclosed peers, with a year-on-year increase of 1.32 billion yuan, representing a 1.90% growth compared to the same period last year [1] - The net profit attributable to shareholders was 1.175 billion yuan, ranking 4th among peers, with an increase of 51.025 million yuan, achieving a 4.54% year-on-year growth [1] - The net cash inflow from operating activities was 5.788 billion yuan, ranking 2nd among peers, with an increase of 1.984 billion yuan, marking a 52.16% year-on-year increase [1] Financial Ratios - The latest debt-to-asset ratio is 26.37%, ranking 14th among peers, with a decrease of 0.14 percentage points compared to the same period last year [3] - The latest gross profit margin is 29.95%, ranking 11th among peers, with an increase of 0.62 percentage points from the previous quarter and a 0.37 percentage point increase year-on-year [3] - The latest return on equity (ROE) is 1.48% [3] Earnings and Turnover - The diluted earnings per share are 0.06 yuan [3] - The latest total asset turnover ratio is 0.06 times [3] - The latest inventory turnover ratio is 6.15 times, an increase of 1.28 times year-on-year, representing a 26.22% growth [3] Shareholder Structure - The number of shareholders is 134,800, with the top ten shareholders holding 17.609 billion shares, accounting for 90.51% of the total share capital [3] - The largest shareholder is Ningbo Zhoushan Port Group Co., Ltd., holding 6.11 billion shares [3]

Financial Performance - The company's operating revenue for Q1 2025 was CNY 7,058,344, representing a year-on-year increase of 1.90% compared to CNY 6,913,578 in the same period last year[4] - The net profit attributable to shareholders for Q1 2025 was CNY 1,174,703, reflecting a year-on-year growth of 4.54% from CNY 1,123,228[4] - The net profit for Q1 2025 reached CNY 301,655,000, representing an increase of 36.67% from CNY 220,691,000 in Q1 2024[27] - The total profit for Q1 2025 was CNY 343,892,000, up 31.8% from CNY 260,752,000 in Q1 2024[27] - The company's operating profit increased to CNY 344,486,000, a rise of 32.3% compared to CNY 260,129,000 in the same period last year[27] - The company reported a gross profit of CNY 2,249,342 thousand for Q1 2025, compared to CNY 2,238,896 thousand in Q1 2024, showing a slight increase of 0.5%[16] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 52.16%, reaching CNY 5,787,694 compared to CNY 3,787,488 in the previous year[4] - In Q1 2025, the company generated operating cash flow of ¥5,787,694, an increase of 52.2% compared to ¥3,803,781 in Q1 2024[20] - Total cash inflow from operating activities reached ¥12,919,839, up from ¥11,131,326 in the same period last year, reflecting a growth of 16.1%[20] - The cash flow from operating activities for Q1 2025 was CNY 153,439,000, slightly down from CNY 156,645,000 in Q1 2024[31] - The company's cash and cash equivalents increased significantly to CNY 11,530,392 thousand as of March 31, 2025, compared to CNY 4,587,683 thousand at the end of 2024, a growth of 151.5%[14] - The company's cash and cash equivalents at the end of Q1 2025 amounted to CNY 4,833,077,000, an increase from CNY 3,009,780,000 at the end of Q1 2024[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 117,810,436, marking a 4.27% increase from CNY 112,898,984 at the end of the previous year[5] - The company's total assets as of March 31, 2025, amounted to CNY 117,810,436 thousand, an increase from CNY 112,990,170 thousand at the end of 2024[14] - Current assets increased to CNY 21,017,496 thousand as of March 31, 2025, compared to CNY 15,443,430 thousand at the end of 2024, marking a growth of 36.4%[14] - Total liabilities as of March 31, 2025, were CNY 31,064,438 thousand, up from CNY 27,369,963 thousand at the end of 2024, indicating an increase of 13.8%[14] - The company's long-term equity investments rose to ¥53,293,168, an increase from ¥52,093,006 at the end of 2024, indicating a growth of 2.3%[24] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 134,820, with the largest shareholder holding 61.15% of the shares[9] - The equity attributable to shareholders increased by 1.32%, amounting to CNY 79,388,874 compared to CNY 78,293,441 at the end of the last year[5] - The company maintained a basic and diluted earnings per share of CNY 0.06, unchanged from the previous year[5] - Earnings per share for Q1 2025 remained stable at CNY 0.06, consistent with Q1 2024[17] - The weighted average return on equity remained stable at 1.49%[5] Research and Development - Research and development expenses for Q1 2025 were CNY 70,157 thousand, up from CNY 60,924 thousand in Q1 2024, reflecting a year-on-year increase of 15.5%[16] - Research and development expenses increased to CNY 1,246,000, up 77.5% from CNY 703,000 in Q1 2024[27] Non-Recurring Items - Non-recurring gains and losses totaled CNY 80,252 for the reporting period, with significant contributions from government subsidies and asset disposal gains[7] Business Acquisitions - The company acquired 90% of Zhejiang Haigang Inland Shipping Co., Ltd. in January 2025, which is accounted for under the principle of business combinations under common control[5]

Group 1 - The core viewpoint of the article is that Ningbo Port (601018) reported its financial performance for the first quarter of 2025, showing modest growth in both revenue and net profit [1] - The revenue for the first quarter of 2025 was 7.058 billion yuan, representing a year-on-year increase of 1.90% [1] - The net profit for the same period was 1.175 billion yuan, reflecting a year-on-year growth of 4.54% [1]

Core Insights - Ningbo Zhoushan Port is projected to handle approximately 1.38 billion tons of cargo in 2024, maintaining its position as the world's busiest port for 16 consecutive years, with a container throughput of 39.3 million TEUs, ranking third globally [2] Group 1: Safety Initiatives - Ningbo Port has a daily hazardous cargo operation volume exceeding one-third of the province's total, covering over 1,000 types of hazardous goods, necessitating stringent safety measures [5] - The port management has implemented a digital reform leading to the creation of an online safety monitoring platform, which has identified over 2,300 safety hazards with a 100% rectification rate [5][6] - A comprehensive safety management system has been established, including the first nationwide inspections of hazardous cargo storage tanks and a specialized action for explosive hazard areas [6] Group 2: Green Port Development - The first "green electricity terminal" in Zhejiang has been launched in Ningbo, expected to reduce carbon emissions equivalent to that of 4.1 million cars per day [8] - The port is advancing low-carbon transformation through infrastructure improvements and support for enterprises, establishing a hydrogen energy utilization system and enhancing shore power facilities [9][10] - A multi-energy fusion system has been developed, generating 27 million kWh annually, with over 600 electric trucks and a significant portion of new energy machinery [10] Group 3: Smart Port Innovations - The port has localized the deployment of the DeepSeek model in its smart gate system, marking a global first in this application [12] - Efforts are underway to enhance the smart port infrastructure, including the establishment of a "2+1" smart terminal demonstration project and the integration of autonomous vehicles [12] - A logistics cloud platform has been created, with a projected user base exceeding 70,000 by year-end, and the development of a maritime silk road index covering over 100 countries [12] Group 4: Future Outlook - The Ningbo Port Authority is committed to advancing safety, green transformation, and smart technologies, aiming for high-quality development and a leading position on the global stage [13]

证券代码：601018 证券简称：宁波港 编号：临 2025-023 债券代码：175812 债券简称：21 宁港 01 宁波舟山港股份有限公司 关于召开 2024 年年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担个别及连带责任。 重要内容提示： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频直播和网络互动 投资者可于 2025 年 4 月 18 日（星期五）至 4 月 24 日（星期 四）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或 通过公司邮箱 ird@nbport.com.cn 进行提问。公司将在说明会上对投 资者普遍关注的问题进行回答。 宁波舟山港股份有限公司（以下简称"公司"）已于 2025 年 3 月 28 日发布公司 2024 年年度报告，为便于广大投资者更全面深入地了 解公司 2024 年年度经营成果、财务状况，公司计划于 2025 年 4 月 25 日 10:00-11:00 举行 2024 年年度业绩说明会，就投资者关心的问 1 ...