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Jinzhou Port

XSSC:600190
Snowflake Description

Solid track record and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
600190
XSSC
$798M
Market Cap
  1. Home
  2. CN
  3. Transportation
Company description

Jinzhou Port Co., Ltd. operates the Jinzhou Port in Liaoning province, China. The last earnings update was 162 days ago. More info.


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600190 Share Price and Events
7 Day Returns
1.4%
XSSC:600190
2.4%
CN Infrastructure
4.3%
CN Market
1 Year Returns
-28%
XSSC:600190
-26.3%
CN Infrastructure
-7%
CN Market
600190 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Jinzhou Port (600190) 1.4% -6.7% -4.9% -28% -41.3% -57.5%
CN Infrastructure 2.4% -6.3% -16.9% -26.3% -30.7% -39.8%
CN Market 4.3% -4.8% -5.1% -7% -13.6% -24.6%
1 Year Return vs Industry and Market
  • 600190 underperformed the Infrastructure industry which returned -26.3% over the past year.
  • 600190 underperformed the Market in China which returned -7% over the past year.
Price Volatility
600190
Industry
5yr Volatility vs Market

600190 Value

 Is Jinzhou Port 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
Here we compare the current share price of Jinzhou Port to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Jinzhou Port.

XSSC:600190 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in CNY CN¥ .019866
Payout Ratio Company Filings (2019-09-30) 25783.4%
Discount Rate (Cost of Equity) See below 12.9%
Perpetual Growth Rate 10-Year CN Government Bond Rate 3.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for XSSC:600190
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CN Govt Bond Rate 3.2%
Equity Risk Premium S&P Global 6.3%
Infrastructure Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.722 (1 + (1- 25%) (156.78%))
1.526
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.53
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.2% + (1.526 * 6.33%)
12.86%

Discounted Cash Flow Calculation for XSSC:600190 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Jinzhou Port is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

XSSC:600190 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= CN¥0.02 / (12.86% - 3.2%)
CN¥2.17
XSSC:600190 Discount to Share Price
Calculation Result
Exchange Rate CNY/USD
(Reporting currency to currency of SHSE:900952)
0.142
Value per Share
(USD)
= Value per Share in CNY x Exchange Rate (CNY/USD)
= CN¥0.12 x 0.142
$0.02
Non-primary Listing Adjustment Factor 1 share in XSSC:600190 represents 11.40121x of SHSE:900952
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
11.40121x
Value per Share
(Listing Adjusted, CNY)
= Value per Share (USD) x Listing Adjustment Factor
= $ 0.02 x 11.40121
CN¥0.19
Value per share (CNY) From above. CN¥0.19
Current discount Discount to share price of CN¥2.93
= -1 x (CN¥2.93 - CN¥0.19) / CN¥0.19
-1438.7%

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

  • The current share price of Jinzhou Port is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Jinzhou Port's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Jinzhou Port's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
XSSC:600190 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CNY CN¥0.14
SHSE:900952 Share Price ** SHSE (2020-04-08) in USD $0.26
SHSE:900952 Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 7.065 CN¥1.82
China Infrastructure Industry PE Ratio Median Figure of 39 Publicly-Listed Infrastructure Companies 14.1x
China Market PE Ratio Median Figure of 3,204 Publicly-Listed Companies 33.67x

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

** Primary Listing of Jinzhou Port.

XSSC:600190 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SHSE:900952 Share Price ÷ EPS (both in CNY)

= 1.82 ÷ 0.14

13.18x

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

  • Jinzhou Port is good value based on earnings compared to the CN Infrastructure industry average.
  • Jinzhou Port is good value based on earnings compared to the China market.
Price based on expected Growth
Does Jinzhou Port's expected growth come at a high price?
Raw Data
XSSC:600190 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
China Infrastructure Industry PEG Ratio Median Figure of 14 Publicly-Listed Infrastructure Companies 1.29x
China Market PEG Ratio Median Figure of 1,266 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Jinzhou Port, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Jinzhou Port's assets?
Raw Data
XSSC:600190 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CNY CN¥3.17
SHSE:900952 Share Price * SHSE (2020-04-08) in USD $0.26
SHSE:900952 Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 7.065 CN¥1.82
China Infrastructure Industry PB Ratio Median Figure of 39 Publicly-Listed Infrastructure Companies 0.95x
China Market PB Ratio Median Figure of 3,693 Publicly-Listed Companies 2.35x
XSSC:600190 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SHSE:900952 Share Price ÷ Book Value per Share (both in CNY)

= 1.82 ÷ 3.17

0.57x

* Primary Listing of Jinzhou Port.

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

  • Jinzhou Port is good value based on assets compared to the CN Infrastructure industry average.
X
Value checks
We assess Jinzhou Port'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. Jinzhou Port has a total score of 3/6, 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.

600190 Future Performance

 How is Jinzhou Port expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Jinzhou 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
10.9%
Expected Infrastructure industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Jinzhou Port expected to grow at an attractive rate?
  • Unable to compare Jinzhou Port's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Jinzhou Port's earnings growth to the China market average as no estimate data is available.
  • Unable to compare Jinzhou Port's revenue growth to the China market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
XSSC:600190 Future Growth Rates Data Sources
Data Point Source Value (per year)
China Infrastructure Industry Earnings Growth Rate Market Cap Weighted Average 10.9%
China Infrastructure Industry Revenue Growth Rate Market Cap Weighted Average 9.3%
China Market Earnings Growth Rate Market Cap Weighted Average 20.7%
China Market Revenue Growth Rate Market Cap Weighted Average 15.8%

*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
XSSC:600190 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
XSSC:600190 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-09-30 7,279 467 275
2019-06-30 6,656 425 252
2019-03-31 5,906 392 243
2018-12-31 5,922 536 242
2018-09-30 5,756 1,125 172
2018-06-30 5,191 1,510 150
2018-03-31 5,069 1,293 146
2017-12-31 4,531 1,153 143
2017-09-30 3,551 915 101
2017-06-30 3,641 416 115
2017-03-31 2,817 566 84
2016-12-31 2,553 742 56

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Jinzhou Port is high growth as no earnings estimate data is available.
  • Unable to determine if Jinzhou Port is high growth as no revenue estimate data is available.
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
XSSC:600190 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Jinzhou Port Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XSSC:600190 Past Financials Data
Date (Data in CNY Millions) EPS *
2019-09-30 0.14
2019-06-30 0.13
2019-03-31 0.12
2018-12-31 0.12
2018-09-30 0.09
2018-06-30 0.07
2018-03-31 0.07
2017-12-31 0.07
2017-09-30 0.05
2017-06-30 0.06
2017-03-31 0.04
2016-12-31 0.03

*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.
  • Unable to establish if Jinzhou Port will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Jinzhou Port is trading at Jinzhou Port'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Jinzhou Port's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Transportation companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Jinzhou Port'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 China market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the China 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.
Jinzhou Port has a total score of 0/6, 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.

600190 Past Performance

  How has Jinzhou Port 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 Jinzhou Port'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.
  • Jinzhou Port's year on year earnings growth rate has been positive over the past 5 years.
  • Jinzhou Port's 1-year earnings growth exceeds its 5-year average (59.7% vs 8.7%)
  • Jinzhou Port's earnings growth has exceeded the CN Infrastructure industry average in the past year (59.7% vs 13%).
Earnings and Revenue History
Jinzhou Port'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 Jinzhou Port Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XSSC:600190 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 7,278.73 275.47 189.56
2019-06-30 6,655.69 252.23 178.42
2019-03-31 5,905.50 242.69 191.26
2018-12-31 5,921.65 241.88 195.67
2018-09-30 5,756.45 172.49 171.17
2018-06-30 5,190.75 149.89 172.64
2018-03-31 5,069.16 145.78 160.45
2017-12-31 4,531.50 143.10 150.26
2017-09-30 3,550.70 100.96 89.33
2017-06-30 3,641.10 114.81 95.44
2017-03-31 2,816.50 83.50 89.34
2016-12-31 2,552.67 55.50 91.72
2016-09-30 2,209.54 47.45 101.76
2016-06-30 1,618.58 43.50 96.25
2016-03-31 1,802.09 70.75 99.02
2015-12-31 1,805.55 129.07 97.40
2015-09-30 2,189.47 185.91 117.13
2015-06-30 2,093.56 200.01 118.84
2015-03-31 2,181.79 222.90 118.94
2014-12-31 2,126.99 220.83 124.19
2014-09-30 2,206.54 168.12 121.32
2014-06-30 2,308.57 208.04 127.28
2014-03-31 2,085.20 198.46 114.22
2013-12-31 1,844.63 155.52 104.39
2013-09-30 1,583.81 153.61 84.61
2013-06-30 1,296.47 125.96 77.40

*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.
  • Jinzhou Port has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Jinzhou Port used its assets more efficiently than the CN Infrastructure industry average last year based on Return on Assets.
  • Jinzhou Port has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Jinzhou Port'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.
Jinzhou Port has a total score of 5/6, 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.

600190 Health

 How is Jinzhou Port'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 Jinzhou Port's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Jinzhou Port's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Jinzhou Port's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Jinzhou Port'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 not covered by short term assets, assets are 0.2x 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 Jinzhou Port Company Filings, last reported 6 months ago.

XSSC:600190 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 6,441.69 7,869.02 339.39
2019-06-30 6,368.65 7,809.66 752.48
2019-03-31 6,381.16 8,285.69 805.85
2018-12-31 6,334.04 7,043.73 520.96
2018-09-30 6,207.55 7,099.59 603.76
2018-06-30 6,183.14 7,590.17 1,134.45
2018-03-31 6,207.79 7,706.30 716.29
2017-12-31 6,138.93 7,504.29 889.67
2017-09-30 6,087.53 7,262.60 1,028.26
2017-06-30 6,101.59 7,812.41 4,489.15
2017-03-31 6,055.50 7,999.01 3,885.46
2016-12-31 6,019.96 4,827.51 1,200.44
2016-09-30 6,006.57 5,173.28 1,251.85
2016-06-30 5,991.49 5,517.23 1,528.40
2016-03-31 6,030.46 4,109.20 512.13
2015-12-31 6,015.20 4,229.34 556.68
2015-09-30 6,009.83 4,204.13 641.46
2015-06-30 6,065.33 4,007.87 583.57
2015-03-31 6,027.45 4,148.18 754.65
2014-12-31 5,950.99 4,028.40 758.22
2014-09-30 5,797.88 3,939.48 749.19
2014-06-30 5,767.89 3,878.69 622.81
2014-03-31 5,749.95 3,174.97 1,346.83
2013-12-31 5,674.73 3,102.18 1,471.23
2013-09-30 4,243.35 3,457.13 574.40
2013-06-30 4,158.62 3,327.34 551.04
  • Jinzhou Port's level of debt (113.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (67.9% vs 113.2% today).
  • Debt is not well covered by operating cash flow (6.4%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.4x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Jinzhou Port'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. Jinzhou Port has a total score of 0/6, 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.

600190 Dividends

 What is Jinzhou Port'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
1.09%
Current annual income from Jinzhou Port dividends.
If you bought CN¥2,000 of Jinzhou Port shares you are expected to receive CN¥22 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?
  • Jinzhou Port's pays a higher dividend yield than the bottom 25% of dividend payers in China (0.44%).
  • Jinzhou Port's dividend is below the markets top 25% of dividend payers in China (1.96%).
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
XSSC:600190 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 0 Analyst Estimates (S&P Global) See Below
China Infrastructure Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 2.4%
China Market Average Dividend Yield Market Cap Weighted Average of 2584 Stocks 1.9%
China Minimum Threshold Dividend Yield 10th Percentile 0.2%
China Bottom 25% Dividend Yield 25th Percentile 0.4%
China Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

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

XSSC:600190 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-06-11 0.020 0.949
2019-04-16 0.020 0.793
2018-07-03 0.023 0.917
2018-02-14 0.022 0.744
2017-08-07 0.009 0.287
2017-03-30 0.010 0.278
2016-06-06 0.020 0.577
2016-04-18 0.020 0.563
2015-05-19 0.034 0.897
2014-03-12 0.025 0.906
2013-05-02 0.000 0.000
2013-03-13 0.026 1.080
2012-10-29 0.000 0.000
2012-07-27 0.000 0.000
2012-07-26 0.000 0.000
2012-04-26 0.000 0.000
2012-03-19 0.000 0.000
2012-03-16 0.000 0.000
2011-06-14 0.050 1.550
2010-10-28 0.000 0.000
2010-07-26 0.000 0.000
2010-04-27 0.000 0.000
2010-03-26 0.000 0.000
2009-04-17 0.025 0.805

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Jinzhou Port's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (6.9x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Jinzhou Port's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.2%) - 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 Jinzhou Port afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Jinzhou Port has a total score of 2/6, see the detailed checks below.


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

600190 Management

 What is the CEO of Jinzhou Port'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
Liu Hui
COMPENSATION CN¥1,422,700
AGE 48
TENURE AS CEO 4 years
CEO Bio

Mr. Liu Hui has been the President at Jinzhou Port Co.,Ltd. since April 19, 2016 and also its Vice Chairman of The Board of Directors since February 16, 2014.

CEO Compensation
  • Liu's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Liu's remuneration is higher than average for companies of similar size in China.
Management Team Tenure

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

3.9
Average Tenure
47.5
Average Age
  • The tenure for the Jinzhou Port management team is about average.
Management Team

Liu Hui

TITLE
Vice Chairman of the Board of Directors & President
COMPENSATION
CN¥1M
AGE
48
TENURE
4 yrs

Ting Li

TITLE
Chief Financial Officer
COMPENSATION
CN¥630K
AGE
45
TENURE
3.9 yrs

Hong Ning

TITLE
Vice President
COMPENSATION
CN¥775K
AGE
52

Xing Wang

TITLE
Vice President
COMPENSATION
CN¥635K
AGE
52
TENURE
3.9 yrs

Wen Zhang

TITLE
Assistant to the President
COMPENSATION
CN¥432K
AGE
44

Wei Zhan

TITLE
Executive VP & Director
COMPENSATION
CN¥858K
AGE
54
TENURE
3.9 yrs

Hong Wang

TITLE
Vice President
COMPENSATION
CN¥633K
AGE
54
TENURE
3.9 yrs

Fu Liu

TITLE
Vice President
COMPENSATION
CN¥613K
AGE
47
TENURE
6.2 yrs

Zhi Li

TITLE
Vice President
COMPENSATION
CN¥776K
AGE
44

Gui Ping Li

TITLE
VP & Secretary of the Board of Directors
COMPENSATION
CN¥635K
AGE
47
TENURE
3.9 yrs
Board of Directors Tenure

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

6.2
Average Tenure
54
Average Age
  • The tenure for the Jinzhou Port board of directors is about average.
Board of Directors

Jian Xu

TITLE
Chairman of the Board of Directors
AGE
54
TENURE
6.2 yrs

Liu Hui

TITLE
Vice Chairman of the Board of Directors & President
COMPENSATION
CN¥1M
AGE
48
TENURE
6.2 yrs

Sun Tao

TITLE
Vice Chairman of the Board of Directors
COMPENSATION
CN¥120K
AGE
42
TENURE
6.2 yrs

Wei Zhan

TITLE
Executive VP & Director
COMPENSATION
CN¥858K
AGE
54

Ya Li

TITLE
Chairman of the Supervisory Board
AGE
63
TENURE
6.2 yrs

Guo Zhang

TITLE
Independent Director
COMPENSATION
CN¥120K
AGE
64

Bao Qin

TITLE
Director
COMPENSATION
CN¥120K
AGE
47
TENURE
6.2 yrs

Zhang Quan

TITLE
Director
COMPENSATION
CN¥120K
AGE
52
TENURE
4.9 yrs

Cao Jian

TITLE
Independent Director
COMPENSATION
CN¥120K
AGE
55
TENURE
4.1 yrs

Miao An

TITLE
Independent Director
COMPENSATION
CN¥120K
AGE
56
TENURE
4.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CN¥) Value (CN¥)
X
Management checks
We assess Jinzhou Port'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. Jinzhou Port 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.

600190 News

Simply Wall St News

600190 Company Info

Description

Jinzhou Port Co., Ltd. operates the Jinzhou Port in Liaoning province, China. Its port has 24 berths, including 250,000 ton oil berth, 100,000 ton bulk cargo berths, and 100,000 ton container specific berths. The company handles oil, grain, mineral powder, coal, steel, fertilizers, and domestic container supply. It offers integrated logistics services, such as loading and unloading, warehousing, transportation, and bulk cargo loading of domestic and foreign trade containers and oil products, chemicals, bulk groceries and groceries. The company is based in Jinzhou, China.

Details
Name: Jinzhou Port Co., Ltd.
600190
Exchange: XSSC
Founded:
$5,636,231,306
2,002,291,500
Website: http://www.jinzhouport.com
Address: Jinzhou Port Co., Ltd.
No.1, Jingang Street,
Section 1, Jinzhou Economic and Technological Development Zo,
Jinzhou,
Liaoning Province, China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SHSE 900952 Foreign Shares-Domestically Listed Shanghai Stock Exchange CN USD 29. May 1998
SHSE 600190 Domestic Shares Shanghai Stock Exchange CN CNY 20. Oct 1999
XSSC 600190 Domestic Shares Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect CN CNY 20. Oct 1999
Number of employees
Current staff
Staff numbers
1,549
Jinzhou Port employees.
Industry
Marine Ports and Services
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 18:34
End of day share price update: 2020/04/08 00:00
Last earnings filing: 2019/10/30
Last earnings reported: 2019/09/30
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.