Dalian Port (PDA)
Market Cap
HK$22.9b
Last Updated
2019/10/17 12:42 UTC
Data Sources
Company Financials
Executive Summary
Dalian Port (PDA) Company Limited, together with its subsidiaries, provides port and logistics services in Mainland China.
Snowflake
Fundamentals
Proven track record with moderate growth potential.
Share Price & News
How has Dalian Port (PDA)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.0%
2880
2.5%
HK Infrastructure
3.1%
HK Market
1 Year Return
5.2%
2880
0.2%
HK Infrastructure
0.5%
HK Market
Return vs Industry: 2880 exceeded the Hong Kong Infrastructure industry which returned 0.2% over the past year.
Return vs Market: 2880 exceeded the Hong Kong Market which returned 0.5% over the past year.
Shareholder returns
| 2880 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.0% | 2.5% | 3.1% |
| 30 Day | 0% | -1.1% | -1.8% |
| 90 Day | 0% | -5.2% | -4.8% |
| 1 Year | 7.5%5.2% | 6.2%0.2% | 4.1%0.5% |
| 3 Year | -26.2%-30.3% | -2.0%-15.0% | 15.8%4.2% |
| 5 Year | 0.3%-8.5% | 8.7%-13.5% | 18.9%-0.9% |
Price Volatility Vs. Market
How volatile is Dalian Port (PDA)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Does Dalian Port (PDA) Company Limited's (HKG:2880) CEO Pay Reflect Performance?1 month ago | Simply Wall St
Does Dalian Port (PDA) Company Limited (HKG:2880) Have A High Beta?1 month ago | Simply Wall St
Is Dalian Port (PDA) (HKG:2880) Using Too Much Debt?Valuation
Is Dalian Port (PDA) undervalued compared to its fair value and its price relative to the market?
10.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: 2880 (HK$1.01) is trading below our estimate of fair value (HK$1.13)
Significantly Undervalued: 2880 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 2880 is poor value based on its PE Ratio (18.5x) compared to the Infrastructure industry average (8.4x).
PE vs Market: 2880 is poor value based on its PE Ratio (18.5x) compared to the Hong Kong market (10.3x).
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate 2880's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2880 is good value based on its PB Ratio (0.6x) compared to the HK Infrastructure industry average (0.8x).
Next Steps
Future Growth
How is Dalian Port (PDA) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
23.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2880's forecast earnings growth (23.7% per year) is above the savings rate (2%).
Earnings vs Market: 2880's earnings (23.7% per year) are forecast to grow faster than the Hong Kong market (11.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if 2880's revenue is forecast to grow faster than the Hong Kong market.
High Growth Revenue: Insufficient data to determine if 2880's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if 2880's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Dalian Port (PDA) performed over the past 5 years?
1.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 2880's earnings have grown by 1.3% per year over the past 5 years.
Accelerating Growth: 2880's earnings growth over the past year (44.9%) exceeds its 5-year average (1.3% per year).
Earnings vs Industry: 2880 earnings growth over the past year (44.9%) exceeded the Infrastructure industry 1.1%.
Return on Equity
High ROE: 2880's Return on Equity (3.7%) is considered low.
Return on Assets
ROA vs Industry: 2880's Return on Assets is below or equal to the Infrastructure industry average last year.
Return on Capital Employed
ROCE Improving: 2880 has improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Dalian Port (PDA)'s financial position?
Financial Position Analysis
Short Term Liabilities: 2880's short term assets (CN¥7.5B) exceeds its short term liabilities (CN¥3.7B)
Long Term Liabilities: 2880's short term assets (7.5B) do not cover its long term liabilities (11.6B)
Debt to Equity History and Analysis
Debt Level: 2880's debt to equity ratio (45.3%) is considered high
Reducing Debt: 2880's debt to equity ratio has reduced from 62.2% to 45.3% over the past 5 years.
Debt Coverage: 2880's debt is not well covered by operating cash flow (17%).
Interest Coverage: 2880's interest payments on its debt are well covered by EBIT (6.1x coverage).
Balance Sheet
Inventory Level: 2880 has a high level of physical assets or inventory.
Debt Coverage by Assets: 2880's debt is not covered by short term assets (assets are 0.8x debt).
Next Steps
Dividend
What is Dalian Port (PDA)'s current dividend yield, its reliability and sustainability?
2.08%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: 2880's dividend (2.08%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.27%).
High Dividend: 2880's dividend (2.08%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.25%).
Stable Dividend: 2880's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2880's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38.6%), 2880's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Dalian Port (PDA)'s salary, the management and board of directors tenure and is there insider trading?
1.5yrs
Average board tenure
CEO
Minghui Wei (50yo)
3.5yrs
Tenure
CN¥372,927
Compensation
Mr. Minghui Wei has been General Manager of Dalian Port (PDA) Company Limited since April 27, 2016 and as its Executive Director since February 24, 2016. Mr. Wei served as Deputy Director of the Shenyang o ...
Board Age and Tenure
1.5yrs
Average Tenure
54yo
Average Age
Experienced Board: 2880's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Arthur Lee (60yo)
Joint Company Secretary
- Tenure: 0yrs
Minghui Wei (50yo)
GM & Executive Director
- Tenure: 3.5yrs
- Compensation: CN¥372.93k
Ping Wang (50yo)
Deputy Chief Accountant & Deputy Head of the Finance Department
- Tenure: 0yrs
Lu Yongkui (56yo)
Director of Audit Management Centre & Supervisor
- Tenure: 2.3yrs
Huiying Wang (41yo)
Joint Company Secretary
- Tenure: 0.5yrs
Board Members
Song Xu (47yo)
Chairman of the Board
- Tenure: 0.6yrs
Zhifeng Wang (64yo)
Independent Non-Executive Director
- Tenure: 5yrs
- Compensation: CN¥200.00k
Xiyun Sun (68yo)
Independent Non-Executive Director
- Tenure: 4.6yrs
- Compensation: CN¥200.00k
Minghui Wei (50yo)
GM & Executive Director
- Tenure: 3.5yrs
- Compensation: CN¥372.93k
Martin Law (52yo)
Independent Non-Executive Director
- Tenure: 2.3yrs
Lu Yongkui (56yo)
Director of Audit Management Centre & Supervisor
- Tenure: 2.3yrs
Kong Yim
Vice Chairman
- Tenure: 0.3yrs
Jianhui Li
Non-Executive Director
- Tenure: 0.3yrs
Dong Cao
Vice Chairman
- Tenure: 0.3yrs
Yi Yuan
Non-Executive Director
- Tenure: 0.3yrs
Company Information
Dalian Port (PDA) Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Dalian Port (PDA) Company Limited
- Ticker: 2880
- Exchange: SEHK
- Founded: 2005
- Industry: Marine Ports and Services
- Sector: Transportation
- Market Cap: HK$22.920b
- Shares outstanding: 12.89b
- Website: https://www.dlport.cn
Number of Employees
Location
- Dalian Port (PDA) Company Limited
- Xingang Commercial Building
- Dayao Bay
- Dalian
- Liaoning Province
- 116601
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2880 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Apr 2006 |
| D7P | DB (Deutsche Boerse AG) | Yes | Foreign Shares-Foreign Listed | DE | EUR | Apr 2006 |
| DLPT.F | OTCPK (Pink Sheets LLC) | Yes | Foreign Shares-Foreign Listed | US | USD | Apr 2006 |
| 2880 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Apr 2006 |
| 2880 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Apr 2006 |
| 601880 | SHSE (Shanghai Stock Exchange) | Domestic Shares | CN | CNY | Dec 2010 | |
| 601880 | XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect) | Domestic Shares | CN | CNY | Dec 2010 |
Biography
Dalian Port (PDA) Company Limited, together with its subsidiaries, provides port and logistics services in Mainland China. The company offers oil/liquefied chemicals terminal and related logistics, and tra ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/17 12:42 |
| End of Day Share Price | 2019/10/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.