唐山港集团股份有限公司成立于2003年1月3日，2010年7月5日在上海证券交易所上市，注册地址和办公地 址均为河北省唐山市。它是我国重要的港口之一，是连接华北、东北和西北地区的重要枢纽，拥有丰富的 港口资源和完善的集疏运体系。 唐山港主要从事港口综合运输业务，具体包括港口装卸堆存、运输物流、保税仓储、港口综合服务等业务 类型。所属申万行业为交通运输-航运港口-港口，所属概念板块有港口运输、低价、证金汇金核聚变、超 导概念、核电。 经营业绩：营收行业第12，净利润行业第6 国金证券指出，Q3营收同比增长或由于公司港口吞吐量增长，2025年7 - 8月唐山港口吞吐量合计14706万 吨，同比增长5.3%；外贸货物吞吐量为6295万吨，同比增长7.1%。预计公司煤炭吞吐量较好，Q3京唐老 港及36 - 40码头煤炭吞吐量合计1490万吨，同比增长37%。公司已连续三年每股派息0.2元，参照现股价股 息率维持在约5%，具备较高安全边际。10月14日，二股东河北建投交通投资有限责任公司增持公司，股权 比例从9.71%上升至10%。同时公司计划新建51号、52号散货泊位，已于2025年6月取得项目用海、环评批 复，7月 ...

Core Insights - Tangshan Port's stock price increased by 0.75% on October 23, with a trading volume of 189 million yuan [1] - The company experienced a net financing outflow of 6.84 million yuan on the same day, indicating a decrease in investor confidence [1] - As of October 23, the total financing and securities lending balance for Tangshan Port was 154 million yuan, with a financing balance of 148 million yuan, representing 0.62% of the market capitalization [1] Financial Performance - For the first half of 2025, Tangshan Port reported a revenue of 2.593 billion yuan, a year-on-year decrease of 12.93% [2] - The net profit attributable to shareholders for the same period was 885 million yuan, down 19.83% compared to the previous year [2] - Cumulatively, the company has distributed 9.559 billion yuan in dividends since its A-share listing, with 3.556 billion yuan distributed over the last three years [2] Shareholder Structure - As of June 30, 2025, the number of shareholders for Tangshan Port increased to 71,400, a rise of 6.29% from the previous period [2] - The average number of circulating shares per shareholder decreased by 5.92% to 83,045 shares [2] - Major shareholders include Huatai-PB SSE Dividend ETF and Hong Kong Central Clearing Limited, both of which reduced their holdings [2]

Core Insights - Tangshan Port's stock price increased by 0.26% on September 30, with a trading volume of 86.93 million yuan [1] - The company experienced a net financing outflow of 12.30 million yuan on the same day, with total financing and securities lending balance reaching 17.60 million yuan [1][2] - For the first half of 2025, Tangshan Port reported a revenue of 2.59 billion yuan, a year-on-year decrease of 12.93%, and a net profit of 885 million yuan, down 19.83% year-on-year [2] Financing and Securities Lending - On September 30, Tangshan Port had a financing buy-in of 4.20 million yuan, with a current financing balance of 1.69 billion yuan, representing 0.75% of its market capitalization [1] - The financing balance is below the 50th percentile level over the past year, indicating a low position [1] - The company had a securities lending repayment of 366,900 shares and a securities lending sell amount of 1.10 million yuan, with a remaining securities lending balance of 7.28 million yuan, which is above the 90th percentile level over the past year [1] Shareholder Information - As of June 30, Tangshan Port had 71,400 shareholders, an increase of 6.29% from the previous period, with an average of 83,045 circulating shares per shareholder, a decrease of 5.92% [2] - Since its A-share listing, the company has distributed a total of 9.56 billion yuan in dividends, with 3.56 billion yuan distributed in the last three years [2] - Major shareholders include Huatai-PB Shanghai Stock Exchange Dividend ETF and Hong Kong Central Clearing Limited, both of which have reduced their holdings [2]

Core Viewpoint - Tangshan Port experienced a decline of 0.52% on September 24, with a trading volume of 124 million yuan, indicating a relatively stable market performance despite the drop [1] Financing and Margin Trading - On September 24, Tangshan Port had a financing buy-in amount of 12.10 million yuan and a financing repayment of 7.54 million yuan, resulting in a net financing buy of 4.56 million yuan [1] - As of September 24, the total margin trading balance for Tangshan Port was 192 million yuan, with a current financing balance of 185 million yuan, accounting for 0.82% of the circulating market value, which is above the 70th percentile of the past year [1] - In terms of securities lending, on September 24, Tangshan Port repaid 12,300 shares and sold 5,300 shares, with a selling amount of 20,100 yuan, while the remaining securities lending volume was 1.96 million shares, with a balance of 746,430 yuan, exceeding the 90th percentile of the past year [1] Financial Performance - As of June 30, Tangshan Port had 71,400 shareholders, an increase of 6.29% from the previous period, while the average circulating shares per person decreased by 5.92% to 83,045 shares [2] - For the first half of 2025, Tangshan Port reported an operating income of 2.593 billion yuan, a year-on-year decrease of 12.93%, and a net profit attributable to shareholders of 885 million yuan, down 19.83% year-on-year [2] - Since its A-share listing, Tangshan Port has distributed a total of 9.559 billion yuan in dividends, with 3.556 billion yuan distributed over the past three years [2] Shareholding Structure - As of June 30, 2025, among the top ten circulating shareholders of Tangshan Port, Huatai-PB SSE Dividend ETF ranked sixth with 97.35 million shares, a decrease of 20.13 million shares from the previous period [2] - Hong Kong Central Clearing Limited ranked eighth with 59.80 million shares, down 44.05 million shares from the previous period, while Southern CSI 500 ETF entered as the tenth largest circulating shareholder with 43.93 million shares [2]

Core Insights - Tangshan Port's stock price remained unchanged at 0.00% on September 17, with a trading volume of 119 million yuan [1] - The company reported a financing buy-in of 9.17 million yuan and a net financing buy-in of 489,100 yuan on the same day [1] Financing Overview - As of September 17, the total financing and securities lending balance for Tangshan Port was 177 million yuan [1] - The current financing balance is 171 million yuan, accounting for 0.74% of the market capitalization, which is above the 50th percentile level over the past year [1] - On the same day, 500 shares were repaid in securities lending, with 16,400 shares sold, amounting to 64,100 yuan at the closing price [1] - The securities lending balance is 6.21 million yuan, exceeding the 80th percentile level over the past year [1] Company Performance - As of June 30, the number of shareholders for Tangshan Port increased by 6.29% to 71,400 [2] - The company reported a revenue of 2.593 billion yuan for the first half of 2025, a year-on-year decrease of 12.93% [2] - The net profit attributable to shareholders was 885 million yuan, down 19.83% year-on-year [2] - Cumulatively, the company has distributed 9.559 billion yuan in dividends since its A-share listing, with 3.556 billion yuan distributed in the last three years [2] Shareholder Composition - As of June 30, 2025, Huatai-PB SSE Dividend ETF is the sixth-largest shareholder with 97.35 million shares, a decrease of 20.13 million shares from the previous period [2] - Hong Kong Central Clearing Limited is the eighth-largest shareholder with 59.80 million shares, down by 44.05 million shares [2] - Southern CSI 500 ETF is a new entrant among the top ten shareholders, holding 43.93 million shares [2]

Core Insights - Tangshan Port's stock price decreased by 0.75% on August 29, with a trading volume of 236 million yuan [1] - The company reported a financing net buy of -30.62 million yuan on the same day, indicating a higher level of financing repayment compared to new purchases [1] - As of August 29, the total financing and securities lending balance for Tangshan Port was 165 million yuan, with a financing balance of 159 million yuan, representing 0.67% of the circulating market value, which is below the 50th percentile of the past year [1] Financial Performance - For the first half of 2025, Tangshan Port achieved a revenue of 2.593 billion yuan, a year-on-year decrease of 12.93% [2] - The net profit attributable to shareholders for the same period was 885 million yuan, down 19.83% year-on-year [2] - Cumulative cash dividends since the A-share listing amount to 9.559 billion yuan, with 3.556 billion yuan distributed over the last three years [2] Shareholder Structure - As of June 30, 2025, the number of shareholders for Tangshan Port increased by 6.29% to 71,400 [2] - The average number of circulating shares per shareholder decreased by 5.92% to 83,045 shares [2] - Major shareholders include Huatai-PB Shanghai Stock Exchange Dividend ETF, which reduced its holdings by 20.129 million shares, and Hong Kong Central Clearing Limited, which decreased its holdings by 44.046 million shares [2]