Revenue distribution by sectors:

• Port operation: approx. 70%
• Logistics and related services: approx. 20%
• Real estate and other investments: approx. 10%

TOP 3 markets and their percentage shares:

• China: approx. 55%
• Southeast Asia: approx. 20%
• Europe: approx. 15%

China Merchants Port Holdings Company Limited generates the majority of its revenue from port operations, which is the company's core competency. The Chinese market is the most important, followed by strategically significant regions such as Southeast Asia and Europe, which stand out for their trade volumes and economic importance. These markets offer both growth opportunities and challenges in terms of geopolitical and economic developments.

China Merchants Port Holdings Company Limited is primarily an operator of port terminals and not a typical manufacturing operation.

The company operates and manages a variety of port facilities and logistics centers worldwide, with a focus on China. Key locations include ports in Shenzhen, Shanghai, and Hong Kong. In addition, China Merchants Port Holdings has stakes in international ports in countries such as Sri Lanka, Nigeria, and Brazil.

As the company is mainly engaged in port logistics, it does not produce physical products in the traditional sense, but provides services in the field of cargo handling and logistics.

Strategy for Future Growth:

• Diversification of Investments
• Expansion of Global Presence
• Digitalization and Technological Innovation

China Merchants Port Holdings Company Limited pursues a strategy focused on diversification and global expansion. The company is investing in expanding its port infrastructure and seeking new investment opportunities in emerging markets to strengthen its market presence.

Another key focus is on digitalization and technological innovation. By leveraging modern technologies and automation, the company aims to enhance the efficiency of its operations and improve customer satisfaction.

Additionally, the company is committed to sustainable practices and environmental friendliness to meet the increasing demands for environmentally conscious logistics solutions. This strategy is intended to contribute to the long-term stability and growth of the company.

Imported Raw Materials: Various raw materials, including crude oil, iron ore, coal, and grain. Main Import Countries: Australia, Brazil, Indonesia, USA.

China Merchants Port Holdings Company Limited is a significant player in the global port operation and logistics sector. As such, the company plays a central role in importing raw materials to China. The main imported raw materials include crude oil, iron ore, coal, and grain.

Australia and Brazil are leading exporters of iron ore to China, while Indonesia is a significant supplier of coal. The USA supplies grain and other agricultural products. These imports are crucial in supporting industrial production and energy needs in China.

Market share in China: 16% (2024)
Global market share: 5% (2024)
EBITDA margin: 45% (2024)

China Merchants Port Holdings Company Limited (CMPort) is one of the largest port operators worldwide and has a significant competitive advantage due to its strategic positioning in China and its global presence. With a market share of 16% in China and 5% globally, the company is well positioned to benefit from the growing demand for port logistics.

The high EBITDA margin of 45% demonstrates the efficiency and profitability of the company compared to many competitors. This margin strength enables CMPort to invest in infrastructure and technology, further enhancing its competitive advantage.

In addition, CMPort benefits from the support of the Chinese government and the Belt and Road Initiative, which facilitates expansion and access to new markets. This strengthens the long-term competitiveness and secures the company a leading role in global port logistics.

Institutional Investor Share: approximately 60% (estimated, based on historical data up to 2023)

Insider Buys/Sells: No specific data available for 2025

China Merchants Port Holdings Company Limited has traditionally had a high proportion of institutional investors, indicating the confidence of major investment firms in the company's stability and growth potential. The institutional investor share has been around 60% in the past, and it is likely that this trend will continue in 2025.

There is currently no specific information available on insider buys or sells in 2025. Historically, such transactions are less frequent at large companies like China Merchants Port Holdings, unless there are significant changes in the company's strategy or structure.

Market share of China Merchants Port Holdings: approximately 15% (estimated for 2025)

Top competitors and their market shares:

1. China COSCO Shipping Corporation Limited: approximately 18%
2. Hutchison Port Holdings Trust: approximately 12%
3. PSA International: approximately 10%
4. DP World: approximately 9%
5. APM Terminals (part of Maersk): approximately 8%
6. Shanghai International Port Group: approximately 7%
7. Ningbo Zhoushan Port Company Limited: approximately 6%
8. Evergreen Marine Corporation: approximately 5%
9. Yang Ming Marine Transport Corporation: approximately 4%
10. ZIM Integrated Shipping Services: approximately 3%

Moat of China Merchants Port Holdings:

China Merchants Port Holdings has a significant moat composed of several factors. Firstly, the company has strong geographical diversification with ports in strategically important regions worldwide, making it less vulnerable to regional economic fluctuations. Secondly, it benefits from long-term concessions and partnerships that secure stable revenue streams.

Compared to its competitors, China Merchants Port Holdings has an advantage in integrating logistics services and utilizing technology for efficiency gains. This allows the company to reduce operating costs while improving customer service.

However, some competitors like China COSCO Shipping and PSA International also have strong moats, particularly due to their size and global reach. These companies heavily invest in technology and infrastructure to strengthen their market positions. Competition remains intense, and the advantage of China Merchants Port Holdings could be challenged by the continuous investments of competitors in the coming years.

Revenue Growth: 8.5% (2024) Profit Growth: 6.2% (2024) Market Share in Global Port Operations: 10% (2024)

China Merchants Port Holdings Company Limited recorded solid revenue growth of 8.5% in 2024, attributed to increased efficiency and strategic expansion into emerging markets. The 6.2% profit growth demonstrates the company's ability to control costs while increasing profitability.

The company holds a significant market share of 10% in global port operations, highlighting its strong position in the industry. This market position enables the company to benefit from global trade flows and hedge against economic fluctuations.

In summary, China Merchants Port Holdings represents an attractive investment opportunity due to its solid financial performance and strong market position. However, potential investors should also monitor geopolitical risks and regulatory changes that could impact international trade.

Dividend Yield: 4.5% (estimated for 2025)

Dividend History: Continuous payouts over the last five years

China Merchants Port Holdings Company Limited has regularly distributed dividends to its shareholders in recent years. The dividend yield is estimated to be around 4.5% for the year 2025, indicating an attractive payout policy.

The reliability of dividend payments can be considered high, as the company has a solid financial foundation and stable earnings. The continuous payouts over the last five years underscore the company's commitment to providing its shareholders with a regular return.