XMPD(SZ:000905) Xin Lang Cai Jing·2025-10-15 07:28Core Viewpoint - Xiamen Port Development Co., Ltd. is focusing on enhancing its port logistics capabilities and expanding its strategic layout to strengthen its core business in port logistics [2][3]. Company Overview - The company primarily engages in bulk cargo handling, integrated logistics services, and port trade, making it the largest comprehensive logistics service provider in the Xiamen port area [3][7]. - The business model encompasses all aspects of cargo movement in and out of the port, forming a complete supply chain for port logistics services [3][4]. - The revenue composition includes 89.43% from integrated supply chain services, 5.65% from port support services, 4.59% from cargo handling and storage, and 0.33% from other sources [7]. Financial Performance - For the period from January to June 2025, the company reported a revenue of 10.542 billion yuan, a year-on-year decrease of 14.72%, while the net profit attributable to shareholders was 141 million yuan, reflecting a year-on-year increase of 9.44% [7]. - The company has distributed a total of 963 million yuan in dividends since its A-share listing, with 199 million yuan distributed over the past three years [8]. Market Activity - On October 15, the stock price of Xiamen Port Development fell by 0.82%, with a trading volume of 123 million yuan and a turnover rate of 1.97%, resulting in a total market capitalization of 6.276 billion yuan [1]. - The main capital flow showed a net outflow of 8.1505 million yuan, with the industry ranking at 19 out of 35, indicating a reduction in main capital positions over three consecutive days [4][5]. Technical Analysis - The average trading cost of the stock is 8.45 yuan, with recent accumulation activity noted, although the strength of this accumulation is weak [6]. - The current stock price is near a support level of 8.37 yuan, and a drop below this level could trigger a downward trend [6].