Liaoning Port Co., Ltd. logo

Liaoning Port Co., Ltd.

2880.HK

HKSEIndustrialsMarine Shipping

Latest quote

HK$0.675

−HK$0.005 · -0.74%

Aug 25, 10:32 AM HKT

2880.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Liaoning Port Co., Ltd., together with its affiliated companies, delivers an extensive array of port and logistics services across Mainland China. The company's operations encompass several specialized terminals: for oil and liquefied chemicals, it manages their loading, unloading, storage, transshipment, and related logistics and trading; for containers, it oversees loading, discharging, warehousing, and transshipment of goods, along with container logistics, terminal leasing, and property sales. It also handles bulk and general cargo, facilitating the handling and distribution of general freight and ores, supported by logistics and steel trading. Dedicated facilities are provided for bulk grains, including their loading, unloading, logistics, and trading of unprocessed grains. Additionally, the company offers logistics services for passenger and roll-on/roll-off terminals, and an automobile terminal manages vehicle handling, logistics, and trade. Beyond these, Liaoning Port Co., Ltd. provides comprehensive port management services and a range of value-added and ancillary supports such as tallying, tugboat operations, transportation, power supply, information technology, and construction. Founded in 2005, the company was formerly known as Dalian Port (PDA) Company Limited before adopting its current name in January 2021, and its headquarters are situated in Dalian, People's Republic of China.

Industry
Marine Shipping
Sector
Industrials
Headquarters
CN
CEO
Guofeng Li
Listed since
Apr 28, 2006
Employees
10,561

Market position

Day range

Current HK$0.675

52-week range

Current HK$0.675

Open
HK$0.68
Previous close
HK$0.68
Volume
206.6K
0.08× average
Average volume
2.68M
Average daily volume
Market cap
31.13B HKD
Beta
0.46
Market reference 1
50-day average
HK$0.7075
-4.59% below average
200-day average
HK$0.827
-18.38% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
23.43×
P/B (TTM)
0.64×
P/S (TTM)
2.35×
Dividend yield
1.96%

Profitability & efficiency

Gross margin
29.96%
Operating margin
22.35%
Net margin
12.78%

Financial health

Debt / equity
0.25×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends33%25%17%8%Gross margin, FY2021: 31.01%Gross margin, FY2022: 25.85%Gross margin, FY2023: 27.74%Gross margin, FY2024: 21.50%Gross margin, FY2025: 28.09%Operating margin, FY2021: 23.20%Operating margin, FY2022: 21.69%Operating margin, FY2023: 16.41%Operating margin, FY2024: 16.27%Operating margin, FY2025: 21.22%Net margin, FY2021: 15.52%Net margin, FY2022: 11.00%Net margin, FY2023: 10.99%Net margin, FY2024: 10.34%Net margin, FY2025: 11.52%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 31.01%. Gross margin FY2022 25.85%. Gross margin FY2023 27.74%. Gross margin FY2024 21.50%. Gross margin FY2025 28.09%. Operating margin FY2021 23.20%. Operating margin FY2022 21.69%. Operating margin FY2023 16.41%. Operating margin FY2024 16.27%. Operating margin FY2025 21.22%. Net margin FY2021 15.52%. Net margin FY2022 11.00%. Net margin FY2023 10.99%. Net margin FY2024 10.34%. Net margin FY2025 11.52%.

Income trends

Revenue

11.05B HKD-0.16%

Operating income

2.34B HKD+30.21%

Net income

1.27B HKD+11.28%
Income trends across reported periods13.47B HKD8.99B HKD4.51B HKD23.62M HKDRevenue, FY2021: 12.35B HKDRevenue, FY2022: 11.98B HKDRevenue, FY2023: 12.22B HKDRevenue, FY2024: 11.07B HKDRevenue, FY2025: 11.05B HKDOperating income, FY2021: 2.87B HKDOperating income, FY2022: 2.6B HKDOperating income, FY2023: 2.01B HKDOperating income, FY2024: 1.8B HKDOperating income, FY2025: 2.34B HKDNet income, FY2021: 1.92B HKDNet income, FY2022: 1.32B HKDNet income, FY2023: 1.34B HKDNet income, FY2024: 1.14B HKDNet income, FY2025: 1.27B HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 12.35B HKD. Revenue FY2022 11.98B HKD. Revenue FY2023 12.22B HKD. Revenue FY2024 11.07B HKD. Revenue FY2025 11.05B HKD. Operating income FY2021 2.87B HKD. Operating income FY2022 2.6B HKD. Operating income FY2023 2.01B HKD. Operating income FY2024 1.8B HKD. Operating income FY2025 2.34B HKD. Net income FY2021 1.92B HKD. Net income FY2022 1.32B HKD. Net income FY2023 1.34B HKD. Net income FY2024 1.14B HKD. Net income FY2025 1.27B HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue11.05B HKD11.07B HKD12.22B HKD11.98B HKD12.35B HKD
Cost of goods sold7.95B HKD8.69B HKD8.83B HKD8.88B HKD8.52B HKD
Gross profit3.1B HKD2.38B HKD3.39B HKD3.1B HKD3.83B HKD
Research and development24.03M HKD20.23M HKD39.29M HKD5.69M HKD9.31M HKD
Selling, general, and administrative130.32M HKD755.58M HKD676.87M HKD169.06M HKD182.03M HKD
Operating expenses758.9M HKD578.58M HKD1.38B HKD800.4M HKD788.97M HKD
Interest income51.37M HKD65.46M HKD74.28M HKD94.02M HKD104.57M HKD
Interest expense428.64M HKD447.28M HKD501.45M HKD542.9M HKD632.57M HKD
Depreciation and amortization2.42B HKD2.34B HKD2.25B HKD2.27B HKD2.23B HKD
Operating income2.34B HKD1.8B HKD2.01B HKD2.6B HKD2.87B HKD
Net income1.27B HKD1.14B HKD1.34B HKD1.32B HKD1.92B HKD

Company facts updated Aug 25, 2026.

Earnings

Latest fiscal-year EPS
0.054
FY2025 · +12.73% year over year
Latest fiscal-year revenue
11.05B HKD
FY2025 · -0.16% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend0.090.070.060.04FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend12.48B11.96B11.44B10.92BFY21FY22FY23FY24FY25

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.0262

2025 complete year-28.1% since 2021

2026 partial: HK$0.0329

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 2, 2026

HK$0.0329

Annual

Record Jul 3, 2026 · Payment Sep 1, 2026

Dividend

Ex-dividend Jul 2, 2025

HK$0.0262

Annual

Record Jul 3, 2025 · Payment Sep 1, 2025

Dividend

Ex-dividend Jul 3, 2024

HK$0.0209

Annual

Record Jul 4, 2024 · Payment Aug 30, 2024

Dividend

Ex-dividend Jun 20, 2023

HK$0.0191

Annual

Record Jun 21, 2023 · Payment Aug 14, 2023

Dividend

Ex-dividend Jul 5, 2022

HK$0.0316

Annual

Record Jul 6, 2022 · Payment Aug 26, 2022

Dividend

Ex-dividend Jun 22, 2021

HK$0.0364

Annual

Record Jun 23, 2021 · Payment Jul 16, 2021

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