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Qingdao Port International

DB:0QP
Snowflake Description

Excellent balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0QP
DB
HK$38B
Market Cap
  1. Home
  2. DE
  3. Transportation
Company description

Qingdao Port International Co., Ltd. operates the Port of Qingdao. The last earnings update was 4 days ago. More info.


Add to Portfolio Compare Print
  • Qingdao Port International has significant price volatility in the past 3 months.
0QP Share Price and Events
7 Day Returns
-8.1%
DB:0QP
6.6%
DE Infrastructure
7.3%
DE Market
1 Year Returns
-23%
DB:0QP
-42.7%
DE Infrastructure
-17.7%
DE Market
0QP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Qingdao Port International (0QP) -8.1% -16.9% -22.3% -23% -7% 8.4%
DE Infrastructure 6.6% -32.4% -48.6% -42.7% -41.2% -17.3%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • 0QP outperformed the Infrastructure industry which returned -42.7% over the past year.
  • 0QP underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
0QP
Industry
5yr Volatility vs Market

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
Here we compare the current share price of Qingdao Port International 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 Qingdao Port International.

DB:0QP Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in CNY CN¥ 0.22109
Payout Ratio Company Filings (2019-12-31) 3203.3%
Discount Rate (Cost of Equity) See below 5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

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 DB:0QP
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.3%
Infrastructure Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.728 (1 + (1- 25%) (8.56%))
0.849
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.85
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.849 * 6.33%)
4.99%

Discounted Cash Flow Calculation for DB:0QP using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Qingdao Port International 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.

DB:0QP Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= CN¥0.22 / (4.99% - -0.39%)
CN¥0.06
DB:0QP Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:6198)
1.092
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥4.11 x 1.092
HK$4.49
Non-primary Listing Adjustment Factor 1 share in DB:0QP represents 0.11274x of SEHK:6198
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.11274x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 4.49 x 0.11274
€0.51
Value per share (EUR) From above. €0.51
Current discount Discount to share price of €0.48
= -1 x (€0.48 - €0.51) / €0.51
5.6%

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

Current Discount
Amount off the current price Qingdao Port International is available for.
Intrinsic value
6%
Share price is €0.478 vs Future cash flow value of €0.50634
Current Discount Checks
For Qingdao Port International to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Qingdao Port International's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Qingdao Port International's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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
DB:0QP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥0.59
SEHK:6198 Share Price ** SEHK (2020-03-30) in HKD HK$4.24
SEHK:6198 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.915 CN¥3.88
Europe Infrastructure Industry PE Ratio Median Figure of 38 Publicly-Listed Infrastructure Companies 11.07x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

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

** Primary Listing of Qingdao Port International.

DB:0QP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 3.88 ÷ 0.59

6.58x

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 Europe Infrastructure industry average.
  • Qingdao Port International is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Qingdao Port International's expected growth come at a high price?
Raw Data
DB:0QP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.58x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
5%per year
Europe Infrastructure Industry PEG Ratio Median Figure of 18 Publicly-Listed Infrastructure Companies 1.18x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

DB:0QP PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 6.58x ÷ 5%

1.3x

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
DB:0QP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥4.68
SEHK:6198 Share Price * SEHK (2020-03-30) in HKD HK$4.24
SEHK:6198 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.915 CN¥3.88
Germany Infrastructure Industry PB Ratio Median Figure of 5 Publicly-Listed Infrastructure Companies 0.96x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:0QP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 3.88 ÷ 4.68

0.83x

* 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 good value based on assets compared to the DE 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 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.

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
5%
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 -0.4%.
Growth vs Market Checks
  • Qingdao Port International's earnings growth is positive but not above the Germany market average.
  • Qingdao Port International's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:0QP Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:0QP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 5%
DB:0QP Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 2.8%
Europe Infrastructure Industry Earnings Growth Rate Market Cap Weighted Average 4.7%
Europe Infrastructure Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*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
DB:0QP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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.
DB:0QP Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 12,914 4,200 1
2020-12-31 12,386 4,644 3,970 2
2020-03-30
DB:0QP Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 12,164 2,966 3,790
2019-09-30 12,066 2,229 3,694
2019-06-30 12,002 2,081 3,694
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

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Qingdao Port International's earnings are expected to grow by 5% yearly, however this is not considered high growth (20% yearly).
  • Qingdao Port International's revenue is expected to grow by 2.8% 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
DB:0QP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 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 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0QP Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.65 0.65 0.65 1.00
2020-12-31 0.61 0.64 0.58 2.00
2020-03-30
DB:0QP Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 0.59
2019-09-30 0.59
2019-06-30 0.59
2019-03-31 0.60
2018-12-31 0.60
2018-09-30 0.55
2018-06-30 0.57
2018-03-31 0.52
2017-12-31 0.55
2017-09-30
2017-06-30 0.52
2017-03-31

*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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.

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 (5.5% vs 18.5%)
  • Qingdao Port International's earnings growth has not exceeded the Europe Infrastructure industry average in the past year (5.5% vs 6.9%).
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 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0QP Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 12,164.08 3,790.14 540.21 33.76
2019-09-30 12,065.86 3,693.95 656.64 40.39
2019-06-30 12,002.39 3,693.58 635.62 40.37
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 1,012.59 32.89
2018-06-30 11,100.07 3,400.42 687.34 32.06
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

*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 Europe 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 2/6, 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.

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 7.9x 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 2 months ago.

DB:0QP Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 33,597.36 2,614.01 7,799.07
2019-09-30 32,202.81 2,916.91 12,031.50
2019-06-30 31,169.02 2,739.65 13,030.44
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
  • Qingdao Port International's level of debt (7.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1.5% vs 7.5% today).
  • Debt is well covered by operating cash flow (118.1%, 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.

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
5.16%
Current annual income from Qingdao Port International dividends. Estimated to be 5.7% next year.
If you bought €2,000 of Qingdao Port International shares you are expected to receive €103 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 Germany (1.7%).
  • Qingdao Port International's dividend is above the markets top 25% of dividend payers in Germany (4.97%).
Upcoming dividend payment

Purchase Qingdao Port International before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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
DB:0QP 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
Europe Infrastructure Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 6.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

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

DB:0QP Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.23 1.00
2020-12-31 0.22 2.00
2020-03-30
DB:0QP Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2020-03-26 0.200 5.031
2019-07-08 0.380 8.463
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 5 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 (2.7x 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%) - 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.

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
Xinze Wang
AGE 56
TENURE AS CEO 0.2 years
CEO Bio

Mr. Xinze Wang has been President at Qingdao Port International Co., Ltd. since January 10, 2020 and served as its Vice President and Director of the Human Resources Department since April 2018 until January 10, 2020 and served as a member of the Party Committee of the Qingdao since March 2018. Mr. Wang is an undergraduate of the Shandong Provincial Party School and an economist. Mr. WANG served as the driver of the mechanical team of Beigang company of Qingdao Port Authority (now known as Qingdao Port (Group) Co., Ltd. from August 1983 to July 1986, a student of Qingdao Radio and Television University from July 1986 to July 1988, a clerk and manager of personnel and salary department of Beigang company from July 1988 to August 2000, deputy director of the labour department of Qingdao Port Authority and deputy director of the labour department of QDP from August 2000 to May 2003, manager of the labour department of Barge Branch of Qingdao Port Authority from May 2003 to November 2005. He joined Qingdao Port Authority (now known as QDP) in August 1983 and joined the Company in November 2013. He serves as a director of the organization Department of the Party Committee of the Company, and a director of organization department of the Party Committee of the QDP. He previously served as deputy director of the labour department of the Qingdao Port Authority (now known as QDP), deputy director and director of the human resources department of the QDP Group, and director of the general management department of the Company. Mr. WANG has experience in the port industry and has extensive experience in human resource management for large ports. Mr. WANG served as director of the human resources department, member of the Party Committee of Intra-Organizational Department of the Company and member of the Party Committee of Intra-Organizational Department of QDP from November 2013 to April 2019, director of the general administrative department from November 2014 to March 2015, director of the Organization Department of the Party Committee of the Company and director of the Organization Department of the Party Committee of QDP from January 2017 to April 2019, vice president of the Company from March 2018 to January 2020. Mr. WANG graduated from the Shandong Provincial Party School in December 2004 with a bachelor’s degree and majoring in economy management.

CEO Compensation
  • Insufficient data for Xinze to compare compensation growth.
  • Insufficient data for Xinze to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Xinze Wang

TITLE
President
AGE
56
TENURE
0.2 yrs

Fuxiang Chen

TITLE
Company Secretary
AGE
53
TENURE
6.3 yrs
Board of Directors Tenure

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

1.6
Average Tenure
52
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

Fengli Li

TITLE
Non-Executive Chairman
AGE
52
TENURE
0.8 yrs

Qingcai Zhang

TITLE
Chairman of Board of Supervisors
AGE
59
TENURE
1.8 yrs

Yan Li

TITLE
Independent Non-Executive Director
AGE
62
TENURE
0.8 yrs

Min Jiang

TITLE
Independent Non-Executive Director
AGE
53
TENURE
0.8 yrs

Kwok Lai

TITLE
Independent Non-Executive Director
AGE
42
TENURE
0.8 yrs

Chunfeng Jiang

TITLE
Non Executive Director
COMPENSATION
CN¥1M
AGE
43
TENURE
4.8 yrs

Wei Zhang

TITLE
Non-Executive Director
AGE
45
TENURE
2.8 yrs

Jiangnan Zhang

TITLE
Non Executive Director
COMPENSATION
CN¥266K
AGE
52
TENURE
1.8 yrs

Xiaozhong CHU

TITLE
Employee Representative Director
COMPENSATION
CN¥533K
AGE
58
TENURE
1.6 yrs

Guohao Li

TITLE
Independent Non-Executive Director
AGE
41
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 (€) Value (€)
10. Mar 20 Sell Value Partners Hong Kong Limited Company 05. Mar 20 05. Mar 20 -1,870,000 €0.60 €-1,131,305
24. Feb 20 Buy China Shipping Ports Development Co., Limited Company 19. Feb 20 19. Feb 20 70,107,000 €0.60 €42,200,229
24. Feb 20 Sell Invesco Ltd. Company 19. Feb 20 19. Feb 20 -70,107,000 €0.60 €-42,200,229
05. Feb 20 Buy China Shipping Ports Development Co., Limited Company 04. Feb 20 04. Feb 20 3,611,000 €0.60 €2,150,607
07. Jan 20 Buy China Shipping Ports Development Co., Limited Company 06. Jan 20 06. Jan 20 599,000 €0.65 €387,800
27. Dec 19 Sell Value Partners Limited Company 20. Dec 19 20. Dec 19 -331,000 €0.63 €-207,913
20. Dec 19 Sell Value Partners Hong Kong Limited Company 17. Dec 19 17. Dec 19 -2,585,000 €0.62 €-1,598,460
03. Dec 19 Buy China Shipping Ports Development Co., Limited Company 02. Dec 19 02. Dec 19 782,000 €0.55 €431,858
14. Nov 19 Sell Invesco Ltd. Company 08. Nov 19 08. Nov 19 -417,000 €0.54 €-226,399
22. Oct 19 Sell FMR LLC Company 17. Oct 19 17. Oct 19 -192,000 €0.55 €-105,015
19. Aug 19 Buy FMR LLC Company 14. Aug 19 14. Aug 19 785,000 €0.52 €404,500
11. Jul 19 Buy China Shipping Ports Development Co., Limited Company 10. Jul 19 10. Jul 19 817,000 €0.68 €557,470
04. Jul 19 Buy China Shipping Ports Development Co., Limited Company 02. Jul 19 02. Jul 19 2,733,000 €0.65 €1,773,895
27. Jun 19 Sell Value Partners Limited Company 24. Jun 19 24. Jun 19 -776,000 €0.63 €-491,688
11. Jun 19 Sell Invesco Ltd. Company 05. Jun 19 05. Jun 19 -657,000 €0.60 €-395,408
23. May 19 Sell Value Partners Hong Kong Limited Company 20. May 19 20. May 19 -938,000 €0.63 €-589,577
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.

News

Simply Wall St News

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.
0QP
Exchange: DB
Founded: 2013
HK$4,462,157,352
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: 2020/03/30 23:44
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/26
Last earnings filing: 2020/03/26
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.