Loading...

Qingdao Port International

SEHK:6198
Snowflake Description

Excellent balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
6198
SEHK
HK$55B
Market Cap
  1. Home
  2. HK
  3. Transportation
Company description

Qingdao Port International Co., Ltd. operates the Port of Qingdao. The last earnings update was 82 days ago. More info.


Add to Portfolio Compare Print
6198 Share Price and Events
7 Day Returns
-5.7%
SEHK:6198
-0.8%
HK Infrastructure
0.8%
HK Market
1 Year Returns
-4.7%
SEHK:6198
-0.9%
HK Infrastructure
-4.4%
HK Market
6198 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Qingdao Port International (6198) -5.7% 0.4% 2.7% -4.7% 59.9% 71.6%
HK Infrastructure -0.8% -0.9% -7.2% -0.9% -8.4% -8.8%
HK Market 0.8% 1.5% -7.4% -4.4% 17.7% 1.6%
1 Year Return vs Industry and Market
  • 6198 underperformed the Infrastructure industry which returned -0.9% over the past year.
  • 6198 matched the Hong Kong Market (-4.4%) over the past year.
Price Volatility
6198
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Qingdao Port International's competitors could be found in our database.

6198 Value

 Is Qingdao Port International undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Qingdao Port International. This is due to cash flow or dividend data being unavailable. The share price is HK$5.63.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Qingdao Port International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Qingdao Port International's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:6198 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CNY CN¥0.60
SEHK:6198 Share Price ** SEHK (2019-07-19) in HKD HK$5.63
SEHK:6198 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.881 CN¥4.96
Hong Kong Infrastructure Industry PE Ratio Median Figure of 26 Publicly-Listed Infrastructure Companies 9.23x
Hong Kong Market PE Ratio Median Figure of 1,511 Publicly-Listed Companies 10.76x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Qingdao Port International.

SEHK:6198 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:6198 Share Price ÷ EPS (both in CNY)

= 4.96 ÷ 0.60

8.27x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Qingdao Port International is good value based on earnings compared to the HK Infrastructure industry average.
  • Qingdao Port International is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Qingdao Port International's expected growth come at a high price?
Raw Data
SEHK:6198 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
7.1%per year
Hong Kong Infrastructure Industry PEG Ratio Median Figure of 13 Publicly-Listed Infrastructure Companies 0.92x
Hong Kong Market PEG Ratio Median Figure of 480 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

SEHK:6198 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 8.27x ÷ 7.1%

1.17x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Qingdao Port International is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Qingdao Port International's assets?
Raw Data
SEHK:6198 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CNY CN¥4.61
SEHK:6198 Share Price * SEHK (2019-07-19) in HKD HK$5.63
SEHK:6198 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.881 CN¥4.96
Hong Kong Infrastructure Industry PB Ratio Median Figure of 29 Publicly-Listed Infrastructure Companies 0.89x
Hong Kong Market PB Ratio Median Figure of 2,197 Publicly-Listed Companies 0.92x
SEHK:6198 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:6198 Share Price ÷ Book Value per Share (both in CNY)

= 4.96 ÷ 4.61

1.08x

* Primary Listing of Qingdao Port International.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Qingdao Port International is overvalued based on assets compared to the HK Infrastructure industry average.
X
Value checks
We assess Qingdao Port International's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Infrastructure industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Infrastructure industry average (and greater than 0)? (1 check)
  5. Qingdao Port International has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

6198 Future Performance

 How is Qingdao Port International expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Qingdao Port International expected to grow at an attractive rate?
  • Qingdao Port International's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Qingdao Port International's earnings growth is positive but not above the Hong Kong market average.
  • Qingdao Port International's revenue growth is positive but not above the Hong Kong market average.
Annual Growth Rates Comparison
Raw Data
SEHK:6198 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:6198 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 7.1%
SEHK:6198 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 6.5%
Hong Kong Infrastructure Industry Earnings Growth Rate Market Cap Weighted Average 5%
Hong Kong Infrastructure Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.3%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:6198 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:6198 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 14,254 4,387 1
2020-12-31 13,055 4,725 4,094 2
2019-12-31 12,309 4,410 3,786 2
SEHK:6198 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-03-31 11,909 2,444 3,639
2018-12-31 11,741 2,291 3,593
2018-09-30 11,174 3,454
2018-06-30 11,100 2,283 3,400
2018-03-31 10,536 3,214
2017-12-31 10,146 1,924 3,043
2017-09-30 9,872 2,927
2017-06-30 9,347 1,447 2,536
2017-03-31 9,205 2,348
2016-12-31 8,684 959 2,186
2016-09-30 8,306 1,055 2,106
2016-06-30 7,927 1,151 2,025

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Qingdao Port International's earnings are expected to grow by 7.1% yearly, however this is not considered high growth (20% yearly).
  • Qingdao Port International's revenue is expected to grow by 6.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:6198 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Qingdao Port International Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:6198 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.68 0.68 0.68 1.00
2020-12-31 0.63 0.64 0.62 2.00
2019-12-31 0.58 0.59 0.58 2.00
SEHK:6198 Past Financials Data
Date (Data in CNY Millions) EPS *
2019-03-31 0.60
2018-12-31 0.60
2018-09-30
2018-06-30 0.56
2018-03-31 0.52
2017-12-31 0.55
2017-09-30
2017-06-30 0.52
2017-03-31
2016-12-31 0.46
2016-09-30 0.44
2016-06-30 0.42

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Qingdao Port International is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Qingdao Port International's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Qingdao Port International has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

6198 Past Performance

  How has Qingdao Port International performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Qingdao Port International's growth in the last year to its industry (Infrastructure).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Qingdao Port International's year on year earnings growth rate has been positive over the past 5 years.
  • Qingdao Port International's 1-year earnings growth is less than its 5-year average (13.2% vs 19.4%)
  • Qingdao Port International's earnings growth has exceeded the HK Infrastructure industry average in the past year (13.2% vs 7.3%).
Earnings and Revenue History
Qingdao Port International's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Qingdao Port International Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:6198 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 11,908.74 3,638.68 594.01 40.00
2018-12-31 11,741.48 3,593.49 545.19 39.73
2018-09-30 11,174.27 3,453.93 754.09
2018-06-30 11,100.07 3,400.42 755.00
2018-03-31 10,535.99 3,214.11 836.58 19.70
2017-12-31 10,146.23 3,042.96 724.47 19.70
2017-09-30 9,871.87 2,926.56 222.66
2017-06-30 9,347.30 2,536.28 721.67
2017-03-31 9,205.24 2,347.98 617.46
2016-12-31 8,684.19 2,186.15 789.61
2016-09-30 8,305.71 2,105.60 729.80
2016-06-30 7,927.23 2,025.04 669.99
2016-03-31 7,648.23 1,968.48 658.19
2015-12-31 7,369.24 1,911.92 646.39
2015-09-30 7,146.19 1,865.20 655.29
2015-06-30 6,923.15 1,818.48 664.19
2015-03-31 6,915.54 1,701.91 663.05
2014-12-31 6,907.94 1,585.34 661.91
2014-09-30 6,798.05 1,580.50 679.06
2014-06-30 6,688.16 1,575.66 696.22
2014-03-31 6,607.21 1,538.08 764.55
2013-12-31 6,526.26 1,500.50 832.87
2012-12-31 5,740.50 1,247.33 755.23

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Qingdao Port International has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Qingdao Port International used its assets less efficiently than the HK Infrastructure industry average last year based on Return on Assets.
  • Qingdao Port International has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Qingdao Port International's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Infrastructure industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Qingdao Port International has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

6198 Health

 How is Qingdao Port International's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Qingdao Port International's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Qingdao Port International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Qingdao Port International's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Qingdao Port International's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 5.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Qingdao Port International Company Filings, last reported 3 months ago.

SEHK:6198 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 32,455.62 3,809.23 14,082.88
2018-12-31 29,419.52 3,854.89 11,462.17
2018-09-30 28,683.34 0.00
2018-06-30 27,230.13 3,760.32 11,222.31
2018-03-31 25,965.73 0.00
2017-12-31 25,062.66 3,769.71 11,705.18
2017-09-30
2017-06-30 23,315.12 4,043.96 13,284.27
2017-03-31 15,482.56 3,923.67 9,016.08
2016-12-31 15,482.56 3,923.67 9,016.08
2016-09-30 15,482.56 3,923.67 9,016.08
2016-06-30 14,295.36 3,927.44 9,587.29
2016-03-31 14,295.36 3,927.44 9,587.29
2015-12-31 13,547.90 492.30 7,585.59
2015-09-30 13,547.90 492.30 7,585.59
2015-06-30 12,532.77 279.81 5,283.81
2015-03-31 12,532.77 279.81 5,283.81
2014-12-31 12,433.49 188.26 6,548.07
2014-09-30 12,433.49 188.26 6,548.07
2014-06-30 11,035.55 193.26 3,089.98
2014-03-31 11,035.55 193.26 3,089.98
2013-12-31 8,569.05 0.00 1,277.29
2012-12-31 14,970.00 0.00 829.26
  • Qingdao Port International's level of debt (11.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1.8% vs 11.7% today).
  • Debt is well covered by operating cash flow (64.2%, greater than 20% of total debt).
  • Qingdao Port International earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Qingdao Port International's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Qingdao Port International has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

6198 Dividends

 What is Qingdao Port International's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
7.65%
Current annual income from Qingdao Port International dividends. Estimated to be 4.45% next year.
If you bought HK$2,000 of Qingdao Port International shares you are expected to receive HK$153 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Qingdao Port International's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.07%).
  • Qingdao Port International's dividend is above the markets top 25% of dividend payers in Hong Kong (5.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:6198 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Hong Kong Infrastructure Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 5.2%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:6198 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.24 1.00
2020-12-31 0.22 2.00
2019-12-31 0.21 2.00
SEHK:6198 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-07-08 0.380 7.347
2018-10-30 0.000 0.000
2018-09-06 0.000 0.000
2018-08-20 0.000 0.000
2018-05-18 0.000 0.000
2018-04-09 0.000 0.000
2018-03-19 0.000 0.000
2017-04-19 0.130 3.148
2017-03-17 0.130 3.291
2016-05-20 0.139 3.888
2015-04-10 0.062 2.003
2015-03-20 0.062 2.040

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Qingdao Port International has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Qingdao Port International only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of Qingdao Port International's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.8x coverage).
X
Income/ dividend checks
We assess Qingdao Port International's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Qingdao Port International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Qingdao Port International has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

6198 Management

 What is the CEO of Qingdao Port International's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jiangnan Zhang
COMPENSATION CN¥265,776
AGE 52
TENURE AS CEO 0.8 years
CEO Bio

Mr. Jiangnan Zhang serves as Vice President of QDP and director of business and information department of QDP. Mr. Jiangnan Zhang has been President and Executive Director of Qingdao Port International Co., Ltd. since September 26, 2018. Mr. Zhang serves as Vice Chairman of Qingdao Shihua Crude Oil Terminal Co., Ltd, Chairman of QQCT, Chairman of Qingdao New Qianwan Container Terminal Co., Ltd, Director of Qingdao Qianwan United Container Terminal Co., Ltd, Director of Qingdao Qianwan New United Container Terminal Co., Ltd., Vice Chairman of Qingdao Qianwan West Port United Terminal Co., Ltd., Vice Chairman of Binzhou Port Qingdao Port Internal Terminal Co., Ltd., Chairman of Qingdao Port Tongbao Shipping Co., Ltd, Chairman of Qingdao Port Shiweice Tugboat Co., Ltd, Chairman of Qingdao Ocean Shipping Tally Co., Ltd, Chairman of Qingdao Ganghua Logistics Co., Ltd., Chairman of Qingdao Changrong Container Storage and Transportation Co., Ltd, Chairman of Qingdao Donggang International Container Storage and Transportation Co., Ltd, Vice Chairman of Qingdao United International Shipping Agency Co., Ltd., Chairman of Qingdao Port Dongjiakou Wanbang Logistic Co., Ltd., Vice Chairman of Huaneng Qingdao Port Operation Co., Ltd, Chairman of Qingdao Haiwan Liquid Chemical Port Operation Co., Ltd, Chairman of China Shipping Agency (Qingdao) Co., Ltd, Chairman of Qingdao Port Dongjiakou IMC Logistics Co., Ltd, Chairman of Datang Qingdao Port Co., Ltd, Chairman of Qingdao Port Dongjiakou Ore Terminal Co., Ltd., Chairman of Qingdao Haiye Mercuria Logistics Co., Ltd., Chairman of Qingdao Haiye Mercuria Oil Terminal Co., Ltd., Chairman of Shandong Port Lianhua Pipeline Oil Transport Co., Ltd., Executive Director of Qingdao Port International Logistic Co., Ltd., Chairman of Vopak Logistics (Qingdao) Co., Ltd., Chairman of Dongying Port Lianhua Pipeline Oil Transport Co., Ltd., Chairman of QDP Financial Holdings, Chairman of Qingdao International Cruise Co., Ltd., Chairman of Qingdao International Cruise Port Development and Construction Co., Ltd., Chairman of Qingdao Passenger Liner Home Port Development and Construction Co., Ltd. and Chairman of Qingdao Port Pilot Station Co., Ltd. Mr. Zhang has over 28 years of working experience in the port industry, and is experienced in managing large-scale port enterprises. Mr. Zhang has worked in the Qingdao Port Authority since July 1989 and served as chief engineer of solid machine team, leading of machine team, vice leader and leader of solid machine team, leader of mechanical team and leader of tier crane team of Container Company of Qingdao Port Authority, Qingdao Yuangang International Container Terminal Co., Ltd and Minggang Company of Qingdao Port Authority since January 1994 to January 2004. Mr. Zhang served as Director and Manager of QQCT in charge of machine at technical department since January 2004 to December 2005. Mr. Zhang served as the assigned principal of Weihai Qingwei Container Terminal Co., Ltd. from the QDP since December 2005 to April 2007, vice manager of QQCT from April 2008 to August 2008 and manager of Qingdao Yuangang International Container Terminal Co., Ltd. from August 2008 to January 2010. Mr. Zhang has served as the assigned principals from QDP and General Manager of Qingdao Qianwan United Container Terminal Co., Ltd. from January 2010 to July 2016, General Manager of Qingdao Qianwan West Port United Terminal Co., Ltd. from July 2015 to July 2016. He served as Non-Executive Director at Qingdao Port International Co., Ltd. since June 06, 2018 until September 26, 2018. He graduated from Shanghai Jiao Tong University in July 1989 majoring in mechanical engineering department of ship power machinery and obtained his bachelor’s degree in engineering. Mr. Zhang was entitled as a senior engineer in November 2002.

CEO Compensation
  • Insufficient data for Jiangnan to compare compensation growth.
  • Jiangnan's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Qingdao Port International management team in years:

1.3
Average Tenure
53
Average Age
  • The average tenure for the Qingdao Port International management team is less than 2 years, this suggests a new team.
Management Team

Jiangnan Zhang

TITLE
President & Executive Director
COMPENSATION
CN¥266K
AGE
52
TENURE
0.8 yrs

Chunfeng Jiang

TITLE
CFO, Head of the Finance Department
COMPENSATION
CN¥1M
AGE
43
TENURE
5.7 yrs

Fengli Li

TITLE
Chairman & Executive Director
AGE
53
TENURE
0.2 yrs

Xinze Wang

TITLE
VP & Director of the Human Resources Department
AGE
56
TENURE
1.3 yrs

Fuxiang Chen

TITLE
Secretary to the Board
AGE
53
TENURE
5.7 yrs
Board of Directors Tenure

Average tenure and age of the Qingdao Port International board of directors in years:

1
Average Tenure
53
Average Age
  • The average tenure for the Qingdao Port International board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jiangnan Zhang

TITLE
President & Executive Director
COMPENSATION
CN¥266K
AGE
52
TENURE
1.1 yrs

Guangjun Jiao

TITLE
Vice Chairman
COMPENSATION
CN¥1M
AGE
53
TENURE
1.3 yrs

Chunfeng Jiang

TITLE
CFO, Head of the Finance Department
COMPENSATION
CN¥1M
AGE
43
TENURE
4.1 yrs

Fengli Li

TITLE
Chairman & Executive Director
AGE
53
TENURE
0.2 yrs

Qingcai Zhang

TITLE
Chairman of Board of Supervisors
AGE
59
TENURE
1.1 yrs

Yan Li

TITLE
Independent Non-Executive Director
AGE
62
TENURE
0.2 yrs

Min Jiang

TITLE
Independent Non-Executive Director
AGE
54
TENURE
0.2 yrs

Kwok Lai

TITLE
Independent Non-Executive Director
AGE
42
TENURE
0.2 yrs

Wei Zhang

TITLE
Non-Executive Director
AGE
45
TENURE
2.1 yrs

Xiaozhong CHU

TITLE
Employee Representative Director
COMPENSATION
CN¥533K
AGE
58
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
11. Jul 19 Buy China Shipping Ports Development Co., Limited Company 10. Jul 19 10. Jul 19 817,000 HK$6.00 HK$4,902,325
04. Jul 19 Buy China Shipping Ports Development Co., Limited Company 02. Jul 19 02. Jul 19 2,733,000 HK$5.72 HK$15,635,487
27. Jun 19 Sell Value Partners Limited Company 24. Jun 19 24. Jun 19 -776,000 HK$5.64 HK$-4,376,951
11. Jun 19 Sell Invesco Ltd. Company 05. Jun 19 05. Jun 19 -657,000 HK$5.31 HK$-3,486,961
23. May 19 Sell Value Partners Hong Kong Limited Company 20. May 19 20. May 19 -938,000 HK$5.51 HK$-5,170,259
29. Mar 19 Sell Invesco Ltd. Company 26. Mar 19 26. Mar 19 -201,000 HK$5.59 HK$-1,123,308
09. Oct 18 Buy Invesco Ltd. Company 04. Oct 18 04. Oct 18 509,000 HK$5.45 HK$2,773,388
26. Sep 18 Sell Invesco Ltd. Company 21. Sep 18 21. Sep 18 -2,326,000 HK$5.49 HK$-12,760,668
18. Sep 18 Sell Value Partners Limited Company 13. Sep 18 13. Sep 18 -202,000 HK$5.61 HK$-1,134,149
X
Management checks
We assess Qingdao Port International's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Qingdao Port International has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

6198 News

Simply Wall St News

Is Qingdao Port International Co., Ltd. (HKG:6198) At Risk Of Cutting Its Dividend?

Qingdao Port International paid out 372% of its free cash flow last year, suggesting the dividend is poorly covered by cash flow. … Qingdao Port International paid out less in dividends than it reported in profits, but unfortunately it didn't generate enough free cash flow to cover the dividend. … Conclusion To summarise, shareholders should always check that Qingdao Port International's dividends are affordable, that its dividend payments are relatively stable, and that it has decent prospects for growing its earnings and dividend.

Simply Wall St -

Qingdao Port International (HKG:6198) Seems To Use Debt Quite Sensibly

SEHK:6198 Historical Debt, July 5th 2019 How Healthy Is Qingdao Port International's Balance Sheet? … Zooming in on the latest balance sheet data, we can see that Qingdao Port International had liabilities of CN¥12.7b due within 12 months and liabilities of CN¥8.30b due beyond that. … While Qingdao Port International has net cash on its balance sheet, it's still worth taking a look at its ability to convert earnings before interest and tax (EBIT) to free cash flow, to help us understand how quickly it is building (or eroding) that cash balance.

Simply Wall St -

There's An Opportunity With Qingdao Port International Co., Ltd. (HKG:6198)

High quality stocks such as Qingdao Port International Co., Ltd. … This continuous market outperformance demonstrates a strong track record of delivering robust returns over many years, raising my confidence in Qingdao Port International as a long-term hold. … Next Steps: Qingdao Port International makes for a robust long-term investment based on its scale, financial health and track record.

Simply Wall St -

Here's Why I Think Qingdao Port International (HKG:6198) Is An Interesting Stock

In contrast to all that, I prefer to spend time on companies like Qingdao Port International (HKG:6198), which has not only revenues, but also profits. … View our latest analysis for Qingdao Port International How Quickly Is Qingdao Port International Increasing Earnings Per Share? … Are Qingdao Port International Insiders Aligned With All Shareholders?

Simply Wall St -

Does Qingdao Port International Co., Ltd. (HKG:6198) Have A Good P/E Ratio?

We'll apply a basic P/E ratio analysis to Qingdao Port International Co., Ltd.'s (HKG:6198), to help you decide if the stock is worth further research. … See our latest analysis for Qingdao Port International How Do I Calculate Qingdao Port International's Price To Earnings Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Price per Share (in the reporting currency) ÷ Earnings per Share (EPS) Or for Qingdao Port International: P/E of 7.58 = CN¥4.55 (Note: this is the share price in the reporting currency, namely, CNY ) ÷ CN¥0.60 (Based on the year to March 2019.) Is A High P/E Ratio Good?

Simply Wall St -

What Kind Of Shareholders Own Qingdao Port International Co., Ltd. (HKG:6198)?

Check out our latest analysis for Qingdao Port International SEHK:6198 Ownership Summary, June 7th 2019 What Does The Institutional Ownership Tell Us About Qingdao Port International? … As you can see, institutional investors own 6.5% of Qingdao Port International. … Insider Ownership Of Qingdao Port International The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

Simply Wall St -

Brief Commentary On Qingdao Port International Co., Ltd.'s (HKG:6198) Fundamentals

For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Qingdao Port International here. … SEHK:6198 Historical Dividend Yield, May 28th 2019 Next Steps: For Qingdao Port International, I've put together three essential aspects you should look at: Future Outlook: What are well-informed industry analysts predicting for 6198’s future growth? … Take a look at our free research report of analyst consensus for 6198’s outlook.

Simply Wall St -

Taking A Look At Qingdao Port International Co., Ltd.'s (HKG:6198) ROE

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Qingdao Port International: 12% = CN¥3.6b ÷ CN¥32b (Based on the trailing twelve months to March 2019.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Combining Qingdao Port International's Debt And Its 12% Return On Equity While Qingdao Port International does have some debt, with debt to equity of just 0.13, we wouldn't say debt is excessive. … A company that can achieve a high return on equity without debt could be considered a high quality business.

Simply Wall St -

Does Qingdao Port International Co., Ltd.'s (HKG:6198) Recent Track Record Look Strong?

Analyzing Qingdao Port International Co., Ltd.'s (HKG:6198) track record of past performance is a valuable exercise for investors. … Today I will assess 6198's recent performance announced on 31 March 2019 and compare these figures to its long-term trend and industry movements. … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 19%, indicating the rate at which 6198 is growing has slowed down.

Simply Wall St -

What Should We Expect From Qingdao Port International Co., Ltd.'s (HKG:6198) Earnings Over The Next Year?

After Qingdao Port International Co., Ltd.'s (HKG:6198) earnings announcement on 31 December 2018, … analyst consensus outlook appear cautiously subdued, … the higher past 5-year average growth rate of 19%.

Simply Wall St -

6198 Company Info

Description

Qingdao Port International Co., Ltd. operates the Port of Qingdao. It operates through six segments: Container Handling and Ancillary Services; Metal Ore, Coal and Other Cargo Handling and Ancillary Services; Liquid Bulk Handling and Ancillary Services; Logistics and Port Value-Added Services; Port Ancillary Services; and Financial Services. The company engages in the loading and discharging of containers, metal ore, coal, grains, and break bulk and liquid bulk cargos, as well as other general cargo, including iron and steel, vehicles, machinery and equipment, fertilizer, chemicals, timber, pulp, and frozen goods. It also provides storage services, including fuel storage; and port management, container freight station, stevedoring, towing, facilities construction, logistics, trucking, agency and clearance, bonded area, dry port, and trade facilitation services. In addition, the company manufactures port related equipment; and supplies electricity power, fuel, and other products. Further, it offers other value-added services consisting of tallying, tugging, and barging; container-related services consisting of container vanning and de-vanning; processing services comprising sifting, washing, and blending of metal ore and coal; and sorting and re-packing of other general cargo, as well as sells merchandise. Additionally, the company provides financial products and services comprising deposit taking, guarantee, and insurance agency services, as well as corporate loans, and other products and services; and shipping repair and agency, engineering, trade agency, engineering design, software and hardware maintenance, media, property management, investment management, cargo agency, and lightering services. As of December 31, 2018, it operated 84 berths at the Port of Qingdao. The company was founded in 2013 and is headquartered in Qingdao, the People’s Republic of China. Qingdao Port International Co., Ltd. is a subsidiary of Qingdao Port (Group) Co., Ltd.

Details
Name: Qingdao Port International Co., Ltd.
6198
Exchange: SEHK
Founded: 2013
HK$55,256,027,142
6,491,100,000
Website: http://www.qingdao-port.com
Address: Qingdao Port International Co., Ltd.
No. 12 Jingba Road,
Huangdao District,
Qingdao,
Shandong Province, 266011,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 6198 Foreign Shares Foreign Listed The Stock Exchange of Hong Kong Ltd. HK HKD 06. Jun 2014
DB 0QP Foreign Shares Foreign Listed Deutsche Boerse AG DE EUR 06. Jun 2014
SHSC 6198 Foreign Shares Foreign Listed Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect HK HKD 06. Jun 2014
SZSC 6198 Foreign Shares Foreign Listed The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 06. Jun 2014
SHSE 601298 Domestic Shares Shanghai Stock Exchange CN CNY 21. Jan 2019
XSSC 601298 Domestic Shares Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect CN CNY 21. Jan 2019
Number of employees
Current staff
Staff numbers
8,611
Qingdao Port International employees.
Industry
Marine Ports and Services
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 13:00
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/07/11
Last earnings filing: 2019/04/29
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.