Beibu Gulf Port (SZ:000582) Xin Lang Cai Jing·2025-11-17 10:18Core Viewpoint - The article discusses the performance and strategic importance of Beibu Gulf Port, highlighting its role as a key logistics hub in the western region of China and its contributions to national initiatives like the Belt and Road Initiative and the New Western Land-Sea Corridor [2][3]. Company Overview - Beibu Gulf Port is the only state-owned public terminal operator in the Guangxi Beibu Gulf region, focusing on container and bulk cargo handling, storage, and port services [3][8]. - The company has a significant market presence, with a cargo throughput of 31,039.78 million tons in 2023, representing a year-on-year increase of 10.81% [3]. - The company operates under various business segments, with 94.59% of its revenue coming from cargo handling and storage, while other segments include tugboat services and logistics [8]. Strategic Importance - Beibu Gulf Port serves as a crucial gateway for international trade, particularly towards ASEAN countries, and is integral to the construction of the 21st Century Maritime Silk Road and the Silk Road Economic Belt [3]. - The port's development is supported by local and regional government policies aimed at enhancing logistics capabilities and infrastructure [3]. Financial Performance - For the period from January to September 2025, Beibu Gulf Port reported a revenue of 5.535 billion yuan, reflecting a year-on-year growth of 12.92%, while the net profit attributable to shareholders was 789 million yuan, down 13.89% [8]. - The company has a history of dividend payments, with a total of 3.034 billion yuan distributed since its A-share listing [8]. Market Activity - On November 17, the stock price of Beibu Gulf Port fell by 1.20%, with a trading volume of 218 million yuan and a turnover rate of 1.20% [1]. - The stock's average trading cost is reported at 8.68 yuan, with current price levels near a support level of 9.01 yuan [6].