XMPD(SZ:000905) Xin Lang Cai Jing·2025-08-06 07:19Core Viewpoint - Xiamen Port Development Co., Ltd. is experiencing a decline in stock price and trading volume, indicating potential challenges in the market [1][4]. Company Overview - The company primarily engages in bulk cargo handling, logistics services, and port trade, making it the largest comprehensive logistics service provider in the Xiamen port area [2][3]. - The business model encompasses all aspects of cargo movement in and out of the port, forming a complete port logistics service supply chain [3]. - The company aims to deepen strategic integration around its port logistics core business, focusing on collaborative effects and expanding its operational capabilities [3]. Financial Performance - For the first quarter of 2025, the company reported a revenue of 4.328 billion yuan, a year-on-year decrease of 31.65%, and a net profit attributable to shareholders of 63.0931 million yuan, down 18.46% year-on-year [6]. - The main revenue sources include port trade (89.62%), terminal operations (5.27%), and other related services [6]. Market Activity - On August 6, the stock price fell by 1.52%, with a trading volume of 297 million yuan and a turnover rate of 4.68%, leading to a total market capitalization of 6.268 billion yuan [1]. - The stock has seen a net outflow of 19.4553 million yuan from major investors today, with no clear trend in major holdings [4]. Shareholder Information - As of March 31, 2025, the number of shareholders increased by 17.60% to 48,300, while the average circulating shares per person decreased by 14.96% to 15,365 shares [6]. - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 5.954 million shares, an increase of 1.8258 million shares from the previous period [8]. Technical Analysis - The average trading cost of the stock is 8.26 yuan, with the current price approaching a resistance level of 8.48 yuan, indicating potential for a price correction if it fails to break through this level [5].