Liaoning Port Co., Ltd., together with its subsidiaries, provides port and logistics services in Mainland China. More Details
Excellent balance sheet and good value.
Share Price & News
How has Liaoning PortLtd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2880 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 2880's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 2880 exceeded the Hong Kong Infrastructure industry which returned 13.9% over the past year.
Return vs Market: 2880 underperformed the Hong Kong Market which returned 27.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Liaoning PortLtd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs Liaoning Port Co.,Ltd. (HKG:2880) A Smart Pick For Income Investors?
1 month ago | Simply Wall StThese 4 Measures Indicate That Liaoning PortLtd (HKG:2880) Is Using Debt Reasonably Well
1 month ago | Simply Wall StIs Liaoning PortLtd (HKG:2880) A Future Multi-bagger?
Is Liaoning PortLtd undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2880 (HK$0.82) is trading below our estimate of fair value (HK$1.2)
Significantly Below Fair Value: 2880 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2880 is poor value based on its PE Ratio (9.9x) compared to the HK Infrastructure industry average (8.5x).
PE vs Market: 2880 is good value based on its PE Ratio (9.9x) compared to the Hong Kong market (11.7x).
Price to Earnings Growth Ratio
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 (0.4x) compared to the HK Infrastructure industry average (0.6x).
How is Liaoning PortLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Transportation industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Liaoning PortLtd has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Liaoning PortLtd performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2880 has high quality earnings.
Growing Profit Margin: 2880's current net profit margins (13%) are higher than last year (12.5%).
Past Earnings Growth Analysis
Earnings Trend: 2880's earnings have grown by 14.5% per year over the past 5 years.
Accelerating Growth: 2880's earnings growth over the past year (8.3%) is below its 5-year average (14.5% per year).
Earnings vs Industry: 2880 earnings growth over the past year (8.3%) exceeded the Infrastructure industry 7%.
Return on Equity
High ROE: 2880's Return on Equity (2.7%) is considered low.
How is Liaoning PortLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 2880's short term assets (CN¥11.8B) exceed its short term liabilities (CN¥4.4B).
Long Term Liabilities: 2880's short term assets (CN¥11.8B) do not cover its long term liabilities (CN¥13.1B).
Debt to Equity History and Analysis
Debt Level: 2880's debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: 2880's debt to equity ratio has reduced from 58% to 19.2% over the past 5 years.
Debt Coverage: 2880's debt is well covered by operating cash flow (25.4%).
Interest Coverage: 2880's interest payments on its debt are well covered by EBIT (6.6x coverage).
What is Liaoning PortLtd current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2880's dividend (4.4%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.94%).
High Dividend: 2880's dividend (4.4%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.01%).
Stability and Growth of Payments
Stable Dividend: 2880's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2880's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.7%), 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dequan Sun (58 yo)
Mr. Dequan Sun serves as an Executive Director of Liaoning Port Co.,Ltd. (formerly known as Dalian Port (PDA) Company Limited) since April 29, 2020. He also serves as the General Manager of Dalian Port (PD...
Experienced Management: 2880's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Experienced Board: 2880's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 75.5%.
Liaoning Port Co.,Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Liaoning Port Co.,Ltd.
- Ticker: 2880
- Exchange: SEHK
- Founded: 2005
- Industry: Marine Ports and Services
- Sector: Transportation
- Market Cap: HK$40.336b
- Shares outstanding: 22.62b
- Website: https://www.liaoganggf.cn
Number of Employees
- Liaoning Port Co.,Ltd.
- Xingang Commercial Building
- Dayao Bay
- Liaoning Province
Liaoning Port Co., Ltd., together with its subsidiaries, provides port and logistics services in Mainland China. The company offers oil/liquefied chemicals terminal and related logistics, and trading servi...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 10:55|
|End of Day Share Price||2021/05/07 00:00|
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.