Chongqing Port (SH:600279) Xin Lang Cai Jing·2026-02-11 07:23Core Viewpoint - The company, Chongqing Port, is strategically positioned within major national initiatives such as the Belt and Road Initiative and the Yangtze River Economic Belt, focusing on multi-modal logistics and port operations to enhance its market presence and operational efficiency [2][3]. Company Overview - Chongqing Port Co., Ltd. was established on January 8, 1999, and listed on July 31, 2000. Its main business includes port terminal loading, warehousing, and multi-modal transportation logistics [7]. - The company's revenue composition includes 67.46% from commodity trading, 27.86% from loading, logistics, and freight agency services, with inter-segment eliminations accounting for 4.68% [7]. - As of September 30, 2025, the company reported a revenue of 3.281 billion yuan, a year-on-year decrease of 5.10%, and a net profit attributable to shareholders of 48.1743 million yuan, down 35.43% year-on-year [7]. Market Position and Strategy - The company leverages its port facilities to integrate various logistics resources, including warehousing, shipping, rail, and road transport, while actively expanding its trade logistics and supply chain logistics businesses [2]. - Chongqing Port is a state-owned enterprise controlled by the Chongqing State-owned Assets Supervision and Administration Commission, positioning it favorably within the national economic framework [3]. Financial Performance - The company has distributed a total of 799 million yuan in dividends since its A-share listing, with 148 million yuan distributed over the past three years [8]. - As of September 30, 2025, the number of shareholders decreased by 18.29% to 36,000, while the average circulating shares per person increased by 22.38% to 32,941 shares [7]. Technical Analysis - The average trading cost of the stock is 5.62 yuan, with the current stock price approaching a resistance level of 5.51 yuan, indicating potential for upward movement if this resistance is breached [6].