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China Merchants Port Group Co., Ltd. Class A

China Merchants Port Group Co., Ltd. Class A

23.67
CNY
-0.13
(-0.55%)
3.93EPS
9.41P/E
48.23BMarket Cap
Oct 30Next Earn
China Merchants Port Group Co., Ltd. Class A
SZSE:001872
(Shenzhen Stock Exchange)

Recent

price

23.67

P/E

ratio

9.41

div

yld

5.46%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
2.7
2.65
2.76
2.76
2.8
2.91
3.69
4.21
5.43
6.65
6.64
7.97
7.83
6.31
6.46
6.92
7.13
Revenue per Share
0.93
0.78
0.72
0.78
0.65
0.82
0.83
1.32
0.61
1.59
1.08
1.4
1.61
1.43
1.81
1.85
2.06
Basic EPS, GAAP
1.13
0.25
0.32
0.76
0.92
1.28
1.46
0.54
1.04
1.09
1.47
2.23
2.31
1.86
2.43
2.41
- -
Free Cash Flow per Basic Share
0.9
0.56
0.5
0.46
0.53
0.45
0.5
2.3
1.13
1.25
1.43
1.25
1.37
1.29
1.37
1.41
1.29
Dividend per Share
5.02
5.38
5.7
6.12
6.38
6.89
7.35
44.31
17.13
18.71
19.33
20.7
21.72
23.55
24.59
25.93
26.3
Book Value per Share
3.34
3.75
4.12
4.58
4.89
5.25
5.16
13.41
1.91
4.27
6.06
7.92
11.44
13.7
15.26
16.32
16.86
Tangible Book Value per Share
645
645
645
645
644
644
645
1,792
1,788
1,823
1,920
1,918
2,074
2,498
2,495
2,493
2,481
Basic Weighted Avg Shares
1,740
1,708
1,784
1,781
1,805
1,873
2,381
7,545
9,703
12,124
12,757
15,284
16,230
15,750
16,131
17,246
17,687
Sales/Revenue/Turnover
46.17
41.62
40.62
39.23
36.41
36.67
35.16
24.62
24.84
23.35
24.11
29.19
27.64
27.58
29.54
32.96
33.85
Operating Margin (%)
216
199
207
224
238
238
328
1,528
2,009
2,833
2,969
3,013
3,213
3,211
3,167
3,216
- -
Depreciation Expense
597
506
467
503
418
528
532
2,365
1,090
2,898
2,074
2,686
3,339
3,572
4,516
4,611
5,122
Net Income, GAAP
14.29
18.2
16.89
15.46
21.23
10.34
14.04
9.65
20.15
24.43
18.71
15.73
11.91
14.81
12.37
14.17
14.55
Effective Tax Rate (%)
34.28
29.6
26.19
28.24
23.14
28.18
22.35
31.35
11.24
23.9
16.26
17.57
20.57
22.68
28
26.74
28.96
Profit Margin (%)
-1,183
-1,454
-918
-508
-214
-165
20
-2,044
460
-6,933
-3,771
-7,272
-6,124
-5,612
-6,685
-7,384
-11,626
Working Capital
- -
90
647
994
995
498
298
18,262
30,132
28,892
29,825
24,871
32,427
33,516
30,845
29,841
24,033
LT Debt
3,807
4,106
4,465
4,728
4,876
5,229
6,484
74,090
80,296
94,990
105,802
111,035
128,322
125,570
128,158
131,301
133,192
Total Equity
15.84
11.82
10.11
10.1
8.62
11
11.61
10.43
2.73
6.04
3.78
4.94
4.81
4.14
4.87
4.79
5.23
Return on Invested Capital (%)
7.66
7.13
6.35
6.62
6.08
7.83
5.17
-1.32
0.56
-0.62
0.13
-0.44
0.12
0.86
1.15
1.06
1.12
Return on Capital (%)
19.59
15.08
13.07
13.19
10.36
12.34
11.6
14.2
3.68
8.69
5.67
6.98
7.1
6.31
7.51
7.33
8.01
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
25,818
26,254
28,345
LT Borrowings
28,150
26,011
22,413
LT Finance Leases
1,691
1,682
1,620
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,482
2,482
2,482
Market Capitalization
47,974
54,105
48,228

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
26,078
26,094
28,440
Cash, Cash Equivalents & STI
22,954
22,400
23,733
Accounts Receivable, Net
1,297
2,133
2,212
Inventories
307
293
298
Total Current Liabilities
33,463
33,678
40,066
Payables & Accruals
- -
- -
- -
ST Debt
25,818
26,254
28,345
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
112.76%
4.58%
2.45%
Free Cash Flow
24.78%
18%
-1.17%
Net Income, GAAP
51.79%
17.87%
2.1%
Sales/Revenue/Turnover
33.51%
6.47%
6.92%
Total Cash Common Dividend
118.8%
5.64%
3.08%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,867
4,109
4,191
3,964
16,131
2025
4,214
4,254
- -
4,485
17,246
2026
4,408
4,541
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.41
0.6
0.48
0.31
1.81
2025
0.44
0.61
- -
0.32
1.85
2026
0.46
0.66
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.22
0.17
0.84
0.13
1.37
2025
0.18
0.89
- -
0.13
1.41
2026
0.14
0.12
- -
- -
- -
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Business
China Merchants Port Group Co., Ltd. (001872.SZ) engages primarily in port investment, port operations, bonded logistics, and smart technology services as a leading global port service provider. The company operates through Port Operations, which encompass container terminal operations including ship berthing, loading and unloading, container storage, division or merger of cargoes, leasing, and maintenance, as well as bulk and general cargo terminal operations handling ores, grain forage, oil, and coal; Bonded Logistics Operations, covering logistics park operations, port transportation, airport cargo handling, warehousing leasing, customs clearance, intermodal transportation, value-added warehousing, tugboat services, tallying, and engineering supervision; and Other segments including property development, investment, and additional logistics businesses. It maintains a comprehensive global network across 51 ports in 26 countries and regions spanning Asia, Africa, Europe, Oceania, South and North America, with key domestic operations in major Chinese coastal hubs such as West Shenzhen Port Zone, Shunde New Port, Shanghai International Port Group, Ningbo Zhoushan Port, Liaoning Port, Qingdao Qianwan terminals, Tianjin Port Container Terminal, Shantou Port, Zhangzhou Port, and Zhanjiang Port, alongside activities in Hong Kong, Taiwan, and overseas homebase ports like CICT in Sri Lanka, HIPG, TCP and Vast in Brazil, LCT in Togo, NPH in Indonesia, TICT in Nigeria, PDSA in Djibouti, Kumport in Turkey, and stakes in Terminal Link; founded in 1990 as Shenzhen Chiwan Wharf Holdings Limited and renamed in December 2018, the company is headquartered in Shenzhen, China, under the control of China Merchants Group. Recent developments include signing an agreement on February 28, 2025, through holding subsidiary China Merchants Port to acquire equity in Vast, a crude oil terminal in Brazil, expanding its Latin American footprint; deploying self-developed CTOS systems at TCP in Brazil and testing at Kumport in Turkey; launching the "Piercept" artificial intelligence model and intelligent agent brand with applications in smart yards and multimodal large language models; adding over 270 electric trailers and two new power swap stations for green port initiatives; achieving 101.207 million TEUs in container throughput (up 5.7% year-on-year) and 630 million tonnes in bulk cargo (down 0.7%) in the first half of 2025; and earning an "AAA" ESG rating from WIND in August 2025, the highest in its transportation infrastructure category.