XMPD(SZ:000905) Xin Lang Cai Jing·2025-12-31 07:42Core Viewpoint - Xiamen Port Development Co., Ltd. experienced a decline of 5.70% in stock price on December 31, with a trading volume of 776 million yuan and a market capitalization of 9.695 billion yuan [1] Company Overview - The company primarily engages in the handling of bulk cargo at terminals, comprehensive logistics services, and commodity trading, being the largest comprehensive logistics service provider in the Xiamen Port area [2] - It possesses scarce resources such as bulk cargo terminals and a complete logistics service chain, forming an effective logistics service system that integrates domestic and foreign trade routes [2][3] - The company is located at 31 Donggang North Road, Huli District, Xiamen, Fujian Province [3] Business Operations - The company covers all aspects of cargo movement in and out of the port, creating a complete port comprehensive logistics service supply chain [3] - It operates the strongest international shipping agency in Southeast China, the largest bulk cargo handling terminal in the province, and the only domestic container handling terminal in Xiamen [3] - The company has established friendly port relationships with 11 ports, including Port Klang in Malaysia and Miami Port in the USA, since the Belt and Road Initiative [3] Financial Performance - For the period from January to September 2025, the company achieved an operating income of 16.612 billion yuan, a year-on-year decrease of 7.67%, while the net profit attributable to shareholders increased by 3.12% to 196 million yuan [8] - The main business revenue composition includes 89.43% from comprehensive supply chain services, 5.65% from port supporting services, and 4.59% from terminal handling and storage [7] Market Activity - The company has seen a net outflow of 74.6129 million yuan from major funds today, with a continuous reduction in major fund positions over the past three days [4][5] - The average trading cost of the stock is 13.86 yuan, with the current stock price near a support level of 12.91 yuan [6]