Xin Lang Cai Jing·2026-01-12 07:26Core Viewpoint - Qinhuangdao Port Co., Ltd. is a major player in the port services industry, focusing on integrated port operations and benefiting from recent investments and market dynamics [2][3]. Company Overview - Qinhuangdao Port Co., Ltd. is located in Qinhuangdao, Hebei Province, and provides comprehensive port services including loading, storage, warehousing, transportation, and logistics [2][7]. - The company is a state-owned enterprise controlled by the Hebei Provincial Government's State-owned Assets Supervision and Administration Commission [2]. - It is recognized as the world's largest public terminal operator for bulk dry cargo and has historically been the largest public coal terminal globally from 2013 to 2015 [2]. Business Segments - The company's revenue composition includes: - Coal and related services: 66.61% - Metal ores and related services: 21.36% - Other miscellaneous services: 8.80% - Container services: 1.50% - Other (supplementary): 1.25% - Liquid cargo services: 0.47% [7]. Recent Developments - In the past year, the company has been subject to a stake acquisition by Great Wall Life Insurance Co., Ltd., which now holds 5.00% of the total shares [3]. - As of September 30, the number of shareholders decreased by 6.72% to 47,500, with no change in average circulating shares per person [8]. Financial Performance - For the period from January to September 2025, the company reported a revenue of 5.212 billion yuan, reflecting a year-on-year growth of 2.81%, and a net profit attributable to shareholders of 1.391 billion yuan, up by 3.87% [8]. Market Activity - On January 12, the stock price increased by 0.86%, with a trading volume of 93.0827 million yuan and a turnover rate of 0.56%, leading to a total market capitalization of 19.724 billion yuan [1]. - The stock has shown a net outflow of 5.5689 million yuan from major investors today, indicating a lack of clear trend in major holdings [4][5]. Technical Analysis - The average trading cost of the stock is 3.43 yuan, with the current price near a support level of 3.52 yuan, suggesting potential for a rebound if this support holds [6].