北部湾港(000582) - 2022年11月8日北部湾港股份有限公司投资者关系活动记录表

Group 1: Container Throughput Growth - The rapid growth in container throughput is attributed to regional industrial development, the contribution of the Western Land-Sea New Corridor, and the company's proactive approach to creating suitable cargo sources and improving the container transport system [2] - The average annual growth rates over the past three years are as follows: total revenue at 11.89%, net profit at 17.45%, and throughput at 13.80% [2] Group 2: Profitability Challenges - Despite increasing container throughput, profit growth has not kept pace due to factors such as revenue structure, cost expenses, and taxes [2] - The company faces rising fixed costs related to labor, environmental, and safety measures, which limit profit growth potential [2] Group 3: Future Investment and Financing - The company plans to utilize capital market financing tools to support its "14th Five-Year Plan" investment goals, with specific financing arrangements to be announced in future communications [3] - Future capital expenditures will align with the overall development plan and depend on the company's growth situation [4] Group 4: Cost Structure and Pricing Mechanism - The company's cost structure includes fixed costs (depreciation) and variable costs (labor, materials) [3] - The pricing mechanism is based on government regulations, with a 10% increase in fees for foreign trade containers [3] Group 5: Market Position and Value Management - The company aims to enhance its market value by improving operational performance and maintaining compliance, thereby increasing intrinsic value [4] - The company’s gross profit margin has fluctuated due to new project costs, but it remains above average among domestic port companies [4] Group 6: Cargo Composition and Trade - The main types of cargo in container throughput include light industry, pharmaceuticals, minerals, coal, and chemical raw materials [5] - The breakdown of bulk cargo throughput shows 15% domestic trade and 85% foreign trade, while container throughput is 86.3% domestic and 13.7% foreign [5] - Cargo from Southeast Asian countries accounts for 35% of total throughput [5]