TipRanks
Go Ultimate55% OFF

Qingdao Port International Co Ltd Class H (6198) AI Stock Analysis

Top Page

HK:6198

Qingdao Port International Co Ltd Class H

(HKEX:6198)

Select Model
Rating:80Outperform
Price Target:HKD 9.00â–²(14.07% Upside)
Action:reiterated
Date:10/31/26

The score is driven primarily by strong financial quality—high margins and a conservatively financed balance sheet—tempered by less consistent cash-flow conversion. Technicals add support with price trading above key moving averages and moderate momentum. Valuation is also supportive with a reasonable P/E and a strong dividend yield.

Positive Factors
Strong ProfitabilityThe company maintains high gross, operating, and net margins, indicating that its port and logistics services generate substantial earnings from revenue. These profitability levels provide resilience across the operating cycle and support continued investment in terminals, capacity, and service quality.
Negative Factors
Weak Cash ConversionAlthough operating cash flow and free cash flow are positive, a smaller share of accounting profit is converting into free cash. The decline in conversion indicates that capital spending or working-capital needs are absorbing more internally generated earnings, limiting near-term flexibility for dividends or expansion.

Qingdao Port International Co Ltd Class H (6198) vs. iShares MSCI Hong Kong ETF (EWH)

-15%-10%-5%0%5%10%15%20%HK:6198+14.28%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 65.70B
Dividend Yield
4.94%
Average Volume (3M)
3.09M
Price to Earnings (P/E)
12.5
Beta (1Y)
0.57
Revenue Growth
9.73%
EPS Growth
0.56%
Country
Hong Kong
Employees
9,728
Sector
Industrials
Sector Strength
63
Industry
Marine Shipping

Qingdao Port International Co Ltd Class H Business Overview & Revenue Model

Company Description

Qingdao Port International Co., Ltd. serves as the operator for the significant Port of Qingdao. Its extensive business operations are categorized into six key segments: Container Handling, Bulk Cargo Handling (which includes metal ores, coal, and ot...

Qingdao Port International Co Ltd Class H Financial Statement Overview

Summary

Strong profitability (TTM gross margin ~37.6%, net margin ~26.2%, EBIT margin ~30.3%) and low leverage (TTM debt-to-equity ~0.11) support a high score. Revenue growth improved in TTM (~+8.7%). The main constraint is cash-flow conversion volatility, with TTM free cash flow only ~39% of net income despite strong FCF growth.

Income Statement

82Very Positive

Balance Sheet

88Very Positive

Cash Flow

74Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue19.91B18.81B18.94B18.17B19.26B16.79B
Gross Profit7.84B6.89B6.71B5.67B6.06B5.33B
EBITDA7.58B6.77B6.90B8.38B8.01B7.18B
Net Income5.21B5.27B5.23B4.92B4.53B3.98B
Balance Sheet
Total Assets71.46B66.75B62.75B60.25B57.48B60.58B
Cash, Cash Equivalents and Short-Term Investments16.49B14.50B12.68B11.22B10.18B10.01B
Total Debt5.00B4.57B3.72B3.43B3.92B2.28B
Total Liabilities19.13B16.15B15.96B15.71B16.20B21.79B
Stockholders Equity47.66B45.73B42.49B40.28B37.40B34.92B
Cash Flow
Free Cash Flow4.08B3.46B3.07B3.44B3.28B70.57M
Operating Cash Flow8.41B5.86B5.15B6.15B6.23B2.75B
Investing Cash Flow-6.26B-3.45B-38.54M-1.98B-795.42M1.97B
Financing Cash Flow-3.33B-1.88B-3.03B-3.05B-4.69B-2.54B

Qingdao Port International Co Ltd Class H Technical Analysis

Technical Analysis SentimentPositive
Last Price7.89

Price Trends

50DMA7.45Positive
100DMA7.07Positive
200DMA7.03Positive

Market Momentum

MACD0.02Positive
RSI60.81Neutral
STOCH34.69Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6198, the sentiment is Positive. The current price of 7.89 is above the 20-day moving average (MA) of 7.68, above the 50-day MA of 7.45, and above the 200-day MA of 7.03, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 60.81 is Neutral, neither overbought nor oversold. The STOCH value of 34.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6198.

Qingdao Port International Co Ltd Class H Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

HK:6198 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:0144HK:014485OutperformHKD 70.48B10.565.93%4.40%13.52%-4.91%
HK:6198HK:619880OutperformHKD 72.29B12.5111.17%4.94%9.73%0.56%
HK:1199HK:119978OutperformHKD 25.31B8.815.49%4.55%12.30%-1.28%
HK:3369HK:336978OutperformHKD 22.19B12.017.75%4.91%6.59%5.28%
HK:3382HK:338278OutperformHKD 3.72B4.735.30%7.16%-20.53%27.52%
HK:2880HK:288067NeutralHKD 35.14B25.573.05%4.91%1.32%-1.60%
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%

* Industrials Sector Average

Performance Comparison

-20%-10%0%10%20%HK:6198HK:0144HK:1199HK:2880HK:3382HK:3369Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:6198 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:6198Qingdao Port International Co Ltd Class H7.890.9313.36%
HK:0144China Merchants Port Holdings Co 16.792.1514.72%
HK:1199COSCO SHIPPING Ports 6.300.6812.10%
HK:2880Liaoning Port Company Limited Class H0.67-0.19-21.73%
HK:3382Tianjin Port Development Holdings 0.60-0.06-8.89%
HK:3369Qinhuangdao Port Co., Ltd. Class H2.69-0.04-1.35%

Qingdao Port International Co Ltd Class H Corporate Events

Qingdao Port Posts Steady Revenue Growth and Strong Cash Flow in Q3 2026

Oct 29, 2026

Qingdao Port International Co., Ltd. reported unaudited results for the nine months ended 30 September 2026, showing steady top-line expansion and resilient profitability. Operating revenue for the reporting period reached RMB 5.02 billion, up 4.44%...

Qingdao Port International Joins USD30 Million Capital Boost for SPIL Holding

Oct 29, 2026

Qingdao Port International Co., Ltd. and several related entities, including Qingdao Port Logistics, Qingdao Port Hong Kong Company and Shandong Port Group, have agreed to inject a total of USD30 million in cash into SPIL Holding. The capital will be...

Qingdao Port Sets 2027 Connected Deals With Shandong Port Group

Oct 29, 2026

Qingdao Port International Co., Ltd. has entered into a 2027 goods and services agreement with Shandong Port Group to regulate mutual purchases and sales of goods and services, as well as reciprocal asset leasing between the two parties. Given Shando...

Qingdao Port Reports Higher Cargo and Container Throughput for First Nine Months of 2026

Oct 29, 2026

Qingdao Port International Co., Ltd. reported that total cargo throughput reached 563.37 million tons for the nine months ended 30 September 2026, while container throughput rose to 27.54 million TEUs over the same period. These figures, covering the...

Qingdao Port Board Sets October Meeting to Approve Nine‑Month Results

Oct 16, 2026

Qingdao Port International Co., Ltd. is a joint stock company based in the People’s Republic of China that operates port and related logistics services in Qingdao. Listed on the Hong Kong Stock Exchange under stock code 06198, the company is ov...

Qingdao Port International Sells 55% Ark Intelligent Stake to Controlling Shareholder

Sep 21, 2026

Qingdao Port International Co., Ltd. has agreed to sell a 55% equity interest in its subsidiary Ark Intelligent to controlling shareholder Qingdao Port Group, in a cash transaction dated 21 September 2026. The deal values the transferred stake at RMB...

Qingdao Port International Posts Higher Revenue and Margin Amid Asset Growth

Aug 28, 2026

Qingdao Port International Co., Ltd. reported interim results for the six months to 30 June 2026 showing revenue of RMB10.456 billion, up 10.8% year on year, while total profit was broadly flat at RMB3.924 billion. Net profit attributable to sharehol...

Qingdao Port International Declares Interim Dividend and Details Withholding Tax Terms

Aug 28, 2026

Qingdao Port International Co., Ltd. has declared an interim ordinary dividend of RMB 1.399 per 10 shares for the six months ended 30 June 2026, equivalent to HKD 1.6168 per 10 shares, for the financial year ending 31 December 2026. The ex-dividend d...

Qingdao Port Schedules Board Meeting to Approve 2026 Interim Results

Aug 18, 2026

Qingdao Port International Co., Ltd. has scheduled a board meeting for 28 August 2026 to review and approve the interim financial results for the six months ended 30 June 2026. The board will also consider the publication of these results, which will...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 31, 2026