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Zhuhai Port Co Ltd

Zhuhai Port Co., Ltd. operates in port shipping and logistics in China. Its services include general cargo and intra-provincial ship transportation, port tallying, cargo loading and unloading, storage, and domestic and international freight forwarding. The company also produces and sells beverages, develops kitchen utensils, sanitary ware, and daily products, sells glass fiber and related products, and manages properties. It additionally offers tugboat and customs declaration services, invests in and operates clean energy projects such as wind and photovoltaic power generation, gas pipelines, and natural gas, invests in chemical raw materials and products, and provides counseling services. Formerly Fuhua Group Co., Ltd., it changed its name to Zhuhai Port Co., Ltd. in September 2010. Founded in 1989, it is headquartered in Zhuhai, China.

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Zhuhai Port's 2026 interim net profit was 162 million yuan, down 6.33% year-on-year

Zhuhai Port released its 2026 interim report. Total operating revenue was 2.159 billion yuan, a decrease of 88.962 million yuan from the same period last year, down 3.96% year-on-year. Net profit attributable to the parent company was 162 million yuan, a decrease of 10.9759 million yuan from the same period last year, down 6.33% year-on-year. Net cash inflow from operating activities was 386 million yuan, up 9.65% year-on-year. The company's asset-liability ratio was 48.91%, gross margin was 25.66%, return on equity was 1.74%, and diluted earnings per share was 0.17 yuan. The number of shareholders was 63,000, and the top ten shareholders held 40.46% of total share capital.
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Energy Transition & Power Demand

Zhuhai Port reports first-half 2026 revenue of 2.159 billion yuan, with steady improvement across its two core businesses

Zhuhai Port released its 2026 semi-annual report on the evening of August 28. During the reporting period, it achieved operating revenue of 2.159 billion yuan, down 3.96 percent year on year, and net profit attributable to shareholders of the listed company of 162 million yuan, down 6.33 percent year on year. Facing a complex and challenging domestic and international economic environment, the company focused on its two core businesses of port and shipping logistics and new energy, keeping overall operations stable. In the first half of the year, the port and shipping logistics segment completed cargo throughput of 31.9737 million tonnes, up 18.56 percent year on year. Among its operations, Xinghua Port expanded its energy storage container export business, with throughput up 8.32 percent year on year; Ganghong Terminal consolidated its iron ore base, with throughput up 10.20 percent year on year; and Wuzhou Port deepened its core business, with throughput up 115.11 percent year on year. In the new energy segment, total installed wind power capacity attributable to the company reached 470,000 kilowatts, with eight wind farms generating 349 million kilowatt-hours of grid-connected electricity. Total installed photovoltaic capacity under controlling ownership reached 140.74 megawatts, generating 72.1747 million kilowatt-hours of electricity, up 56.85 percent year on year. Its controlled listed subsidiary Xiujiang Co., Ltd. advanced construction of its Thailand plant and now has product production capability, achieving a net profit of 59.996 million yuan in the first half of the year.
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Zhuhai Port Plans to Sell Entire Stake in International Composites, Floating Profit Substantial

Zhuhai Port announced plans to sell all of its shares in International Composites, totaling 97.1246 million shares, representing 2.58% of the target company's total share capital. This stake originated from a pre-IPO capital increase investment in International Composites, with an initial investment cost of 190 million yuan. Based on the closing price on July 10, the current holding corresponds to a market value of approximately 3.668 billion yuan, resulting in a substantial floating profit on the entire equity investment. International Composites is a high-tech enterprise focused on the research, development, production, and sale of glass fiber and related products. It listed on the ChiNext board in December 2023 at an issue price of 2.66 yuan per share. In the first quarter of 2026, the company's net profit attributable to the parent reached 270 million yuan, close to the full-year profit level of 2025. Driven by the strengthening of the electronic fabric concept, the stock price has surged over 441% year-to-date, hitting an all-time high of 54.08 yuan per share intraday on June 26. The purpose of this sale is to focus on core business development, optimize the company's asset structure, and improve capital allocation efficiency. The proceeds can be used for dividends, core business investments, and debt repayment.
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