Qinhuangdao Port Co., Ltd. operates ports in Mainland China. More Details
Undervalued with adequate balance sheet.
Share Price & News
How has Qinhuangdao Port's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3369 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 3369's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 3369 underperformed the Hong Kong Infrastructure industry which returned 13.3% over the past year.
Return vs Market: 3369 underperformed the Hong Kong Market which returned 24.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Qinhuangdao Port's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWe Think Qinhuangdao Port (HKG:3369) Can Stay On Top Of Its Debt
1 month ago | Simply Wall StQinhuangdao Port's (HKG:3369) Shareholders Are Down 53% On Their Shares
2 months ago | Simply Wall StOur Take On The Returns On Capital At Qinhuangdao Port (HKG:3369)
Is Qinhuangdao Port 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: 3369 (HK$1.34) is trading below our estimate of fair value (HK$5.38)
Significantly Below Fair Value: 3369 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3369 is good value based on its PE Ratio (5.9x) compared to the Hong Kong Infrastructure industry average (8.4x).
PE vs Market: 3369 is good value based on its PE Ratio (5.9x) compared to the Hong Kong market (11.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3369's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3369 is good value based on its PB Ratio (0.4x) compared to the HK Infrastructure industry average (0.6x).
How is Qinhuangdao Port 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 Qinhuangdao Port 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 Qinhuangdao Port performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3369 has high quality earnings.
Growing Profit Margin: 3369's current net profit margins (15.9%) are lower than last year (16.5%).
Past Earnings Growth Analysis
Earnings Trend: 3369's earnings have grown by 9% per year over the past 5 years.
Accelerating Growth: 3369's earnings growth over the past year (0.4%) is below its 5-year average (9% per year).
Earnings vs Industry: 3369 earnings growth over the past year (0.4%) underperformed the Infrastructure industry 3.6%.
Return on Equity
High ROE: 3369's Return on Equity (6.1%) is considered low.
How is Qinhuangdao Port's financial position?
Financial Position Analysis
Short Term Liabilities: 3369's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 3369's short term assets (CN¥4.6B) do not cover its long term liabilities (CN¥6.8B).
Debt to Equity History and Analysis
Debt Level: 3369's debt to equity ratio (42.8%) is considered high.
Reducing Debt: 3369's debt to equity ratio has reduced from 93.7% to 42.8% over the past 5 years.
Debt Coverage: 3369's debt is well covered by operating cash flow (37.1%).
Interest Coverage: 3369's interest payments on its debt are well covered by EBIT (34.2x coverage).
What is Qinhuangdao Port current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 3369's dividend (5.76%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.94%).
High Dividend: 3369's dividend (5.76%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.02%).
Stability and Growth of Payments
Stable Dividend: 3369 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3369 has only been paying a dividend for 7 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34%), 3369'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
Wensheng Yang (51 yo)
Mr. Wensheng Yang has been President of Qinhuangdao Port Co., Ltd since December 2017 and serves as its Executive Director. Mr. Wensheng was General Manager of Qinhuangdao Port Co., Ltd since 15 March 2017...
CEO Compensation Analysis
Compensation vs Market: Wensheng's total compensation ($USD140.23K) is below average for companies of similar size in the Hong Kong market ($USD604.87K).
Compensation vs Earnings: Wensheng's compensation has been consistent with company performance over the past year.
Experienced Management: 3369's management team is considered experienced (4.3 years average tenure).
Experienced Board: 3369's board of directors are considered experienced (4.6 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Qinhuangdao Port Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Qinhuangdao Port Co., Ltd.
- Ticker: 3369
- Exchange: SEHK
- Founded: 1898
- Industry: Marine Ports and Services
- Sector: Transportation
- Market Cap: HK$16.897b
- Shares outstanding: 5.59b
- Website: https://www.portqhd.com
Number of Employees
- Qinhuangdao Port Co., Ltd.
- 35 Haibin Road
- Hebei Province
Qinhuangdao Port Co., Ltd. operates ports in Mainland China. The Company provides highly integrated port services, including stevedoring, stacking, warehousing, transportation, and logistics services; and ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/15 10:30|
|End of Day Share Price||2021/05/14 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.