NOT FOR DISTRIBUTION
Header cover image

Shanghai International Port (Group)

Market Cap

CN¥108.9b

Last Updated

2021/04/11 09:10 UTC

Data Sources

Company Financials +

Executive Summary

Shanghai International Port (Group) Co., Ltd. More Details


Snowflake Analysis

Established dividend payer and good value.

Share Price & News

How has Shanghai International Port (Group)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600018 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 600018's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-1.9%

600018

-0.4%

CN Infrastructure

-1.1%

CN Market


1 Year Return

6.1%

600018

4.8%

CN Infrastructure

28.4%

CN Market

Return vs Industry: 600018 exceeded the CN Infrastructure industry which returned 4.8% over the past year.

Return vs Market: 600018 underperformed the CN Market which returned 28.4% over the past year.


Shareholder returns

600018IndustryMarket
7 Day-1.9%-0.4%-1.1%
30 Day-4.3%0.6%1.0%
90 Day0.6%-3.8%-5.8%
1 Year9.6%6.1%7.7%4.8%30.4%28.4%
3 Year-30.1%-35.5%-12.1%-17.9%25.9%19.9%
5 Year2.1%-10.6%-2.9%-13.2%23.6%15.5%

Long-Term Price Volatility Vs. Market

How volatile is Shanghai International Port (Group)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Shanghai International Port (Group) undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 600018 (CN¥4.7) is trading below our estimate of fair value (CN¥15.53)

Significantly Below Fair Value: 600018 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 600018 is good value based on its PE Ratio (13.1x) compared to the CN Infrastructure industry average (21.7x).

PE vs Market: 600018 is good value based on its PE Ratio (13.1x) compared to the CN market (33.9x).


Price to Earnings Growth Ratio

PEG Ratio: 600018 is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: 600018 is overvalued based on its PB Ratio (1.2x) compared to the CN Infrastructure industry average (1x).


Future Growth

How is Shanghai International Port (Group) forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

7.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600018's forecast earnings growth (7.9% per year) is above the savings rate (3.3%).

Earnings vs Market: 600018's earnings (7.9% per year) are forecast to grow slower than the CN market (23.4% per year).

High Growth Earnings: 600018's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600018's revenue (7.4% per year) is forecast to grow slower than the CN market (17.9% per year).

High Growth Revenue: 600018's revenue (7.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 600018's Return on Equity is forecast to be low in 3 years time (9.7%).


Past Performance

How has Shanghai International Port (Group) performed over the past 5 years?

7.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600018 has high quality earnings.

Growing Profit Margin: 600018's current net profit margins (31.8%) are higher than last year (25.1%).


Past Earnings Growth Analysis

Earnings Trend: 600018's earnings have grown by 7.6% per year over the past 5 years.

Accelerating Growth: 600018's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 600018 had negative earnings growth (-8.3%) over the past year, making it difficult to compare to the Infrastructure industry average (-28.6%).


Return on Equity

High ROE: 600018's Return on Equity (9.6%) is considered low.


Financial Health

How is Shanghai International Port (Group)'s financial position?


Financial Position Analysis

Short Term Liabilities: 600018's short term assets (CN¥43.7B) exceed its short term liabilities (CN¥22.4B).

Long Term Liabilities: 600018's short term assets (CN¥43.7B) exceed its long term liabilities (CN¥37.5B).


Debt to Equity History and Analysis

Debt Level: 600018's debt to equity ratio (46.7%) is considered high.

Reducing Debt: 600018's debt to equity ratio has increased from 30.8% to 46.7% over the past 5 years.

Debt Coverage: 600018's debt is well covered by operating cash flow (25%).

Interest Coverage: 600018 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Shanghai International Port (Group) current dividend yield, its reliability and sustainability?

2.72%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600018's dividend (2.72%) is higher than the bottom 25% of dividend payers in the CN market (0.43%).

High Dividend: 600018's dividend (2.72%) is in the top 25% of dividend payers in the CN market (1.81%)


Stability and Growth of Payments

Stable Dividend: 600018's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600018's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (35.7%), 600018's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 600018's dividends in 3 years are forecast to be well covered by earnings (36.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average board tenure


CEO

Jun Yan (51 yo)

no data

Tenure

CN¥2,107,520

Compensation

Mr. Jun Yan serves as Chief Executive Officer and President of Shanghai International Port (Group) Co., Ltd. and has been its Director since November 15, 2013. Mr. Yan is Non-Executive Director of Orient O...


Board Members

Experienced Board: 600018's board of directors are considered experienced (3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shanghai International Port (Group) Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shanghai International Port (Group) Co., Ltd.
  • Ticker: 600018
  • Exchange: SHSE
  • Founded: NaN
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Market Cap: CN¥108.916b
  • Shares outstanding: 23.17b
  • Website: https://www.portshanghai.com.cn

Number of Employees


Location

  • Shanghai International Port (Group) Co., Ltd.
  • 358 East Daming Road
  • Shanghai
  • 200080
  • China

Listings


Biography

Shanghai International Port (Group) Co., Ltd. engages in the operation and management of ports in China. The company offers port handling services through container terminals located in Yangshan, Waigaoqia...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 09:10
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.