Xin Lang Cai Jing·2025-08-26 08:07Core Viewpoint - Qinhuangdao Port Co., Ltd. is a state-owned enterprise providing integrated port services, benefiting from national initiatives such as the Belt and Road Initiative and regional integration efforts [2][3]. Company Overview - The company is located in Qinhuangdao, Hebei Province, and offers comprehensive port services including loading, storage, warehousing, transportation, and logistics [2][3][8]. - Major cargo types handled by the company include coal, metal ores, oil products, liquid chemicals, containers, and general cargo [2][3][8]. - Qinhuangdao Port is the largest public bulk cargo terminal operator globally and was the largest public coal terminal from 2013 to 2015 [2][3]. Financial Performance - For the period from January to March 2025, the company reported revenue of 1.611 billion yuan, a year-on-year decrease of 5.99%, and a net profit attributable to shareholders of 421 million yuan, down 3.07% year-on-year [9]. - The company has distributed a total of 3.565 billion yuan in dividends since its A-share listing, with 1.335 billion yuan distributed over the past three years [10]. Shareholding and Market Activity - In the past year, Great Wall Life Insurance Co., Ltd. acquired a stake in the company, holding 5.00% of the total share capital [4]. - As of March 31, 2025, the number of shareholders was 52,200, a decrease of 0.59% from the previous period [9]. Market Position and Trends - The company operates within the transportation and shipping port industry, with its main business revenue composition being 67.01% from coal and related services, 20.06% from metal ores, and smaller contributions from other services [8]. - The stock has experienced a recent decline, with a trading volume of 51.9146 million yuan and a market capitalization of 18.941 billion yuan [1].