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Operates Rizhao Port in Shandong, handling bulk cargo including iron ore, coal and grain for North China industry.
Operates Rizhao Port in Shandong, handling bulk cargo including iron ore, coal and grain for North China industry.
Earns fees per tonne for loading, unloading, storing and moving bulk cargo, with iron ore and coal for steel mills and power plants carrying the volume. Since 2019 it has been part of state-owned Shandong Port Group, which combined the province's main ports; throughput depends on commodity import and shipping volumes.
In one line: A Chinese regional bulk-port operator.
Moat: narrow (scale, installed base). Deep-water bulk-handling infrastructure serving North China's steel/power belt is costly to replicate.
Headquarters: Rizhao, Shandong, China · Employees: 5,855
Size Rizhao Port (600017.SS) is a China Industrials company (Marine Shipping) with a market value of $1.26B, the 1892nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥2.74 on 6 Nov 2026.
Performance Over six months the shares fell 7.4%, against +0.4% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 20 in its peer set.
Growth Revenue grew 2.8% over the last twelve months (peer median +5.4%); the operating margin is 12.9% (peer median 16.5%).
Valuation It trades at 17.1× forward earnings against a peer median of 8.4× (3rd most expensive of 17).
Capital Return on invested capital runs 0.2 points below its cost of capital (5.0% WACC).
Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥8.04B | CN¥7.82B | CN¥8.38B | CN¥8.16B | CN¥8.46B |
| Revenue growth | — | -7% | +3% | -4% | — |
| Gross profit | CN¥2.91B | CN¥1.52B | CN¥1.85B | CN¥1.69B | CN¥1.63B |
| EBITDA | n/a | CN¥2.89B | CN¥3.16B | CN¥3.11B | CN¥2.78B |
| Net income | CN¥416M | CN¥495M | CN¥655M | CN¥641M | CN¥708M |
| Free cash flow | -CN¥807M | -CN¥44.9M | -CN¥213M | -CN¥629M | -CN¥25.9M |
| Capital expenditure | CN¥3.10B | CN¥2.28B | CN¥2.76B | CN¥3.41B | CN¥2.81B |
| Total debt | CN¥20.7B | CN¥19.0B | CN¥18.6B | CN¥17.7B | CN¥13.6B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Rizhao Port 600017.SS | $1.26B | -7% | +3% | 13% | 17.1× | n/a |
| Qingdao Port International 6198.HK | $8.84B | -1% | +10% | 32% | 8.0× | -12.2% |
| Tangshan Port 601000.SS | $4.27B | +3% | +10% | 39% | 13.9× | -11.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 600017.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.2% | -6.2% | 7th highest of 21 |
| 6-month return | -7.4% | +0.4% | 5th lowest of 20 |
| Distance from 52-week high | -18.2% | -16.0% | 9th lowest of 21 |
| Revenue growth (TTM) | +2.8% | +5.4% | 8th lowest of 20 |
| Operating margin | 12.9% | 16.5% | 10th lowest of 20 |
| Forward P/E | 17.1× | 8.4× | 3rd most expensive of 17 |
| ROIC minus cost of capital | -0.2 pp | +1.2 pp | 7th lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Rizhao Port 600017.SS | China | $1.26B | -7% | +3% | 13% | 17.1× | n/a | n/a |
| MPC Container Ships MPCC.OL | Norway | $1.26B | 0% | -15% | 37% | 7.8× | -13.3% | +27.1% |
| Capital Clean Energy Carriers CCEC | United States | $1.24B | +3% | +5% | 50% | 8.1× | n/a | n/a |
| Dfds A/s DFDS.CO | Denmark | $1.33B | +8% | +3% | 3% | 17.0× | 4.6% | +17.2% |
| Solstad Maritime SOMA.OL | Norway | $1.36B | -6% | +17% | 40% | 5.5× | -2.5% | +22.7% |
| Volare Shipping VLCC.OL | Norway | $1.17B | n/a | n/a | n/a | n/a | n/a | n/a |
| Global Ship Lease GSL | United States | $1.41B | -8% | +6% | 48% | 4.1× | -15.2% | +22.1% |
| Genco Shipping & Trading GNK | United States | $1.13B | 0% | +26% | 17% | 10.2× | n/a | n/a |
| 2020 Bulkers 2020.OL | Norway | $1.10B | +20% | +256% | 92% | 170.2× | 9.2% | +7.3% |
| Dampskibsselskabet NORDEN A/S DNORD.CO | Denmark | $1.46B | +15% | +7% | 3% | 9.6× | n/a | n/a |
| d'Amico International Shipping DIS.MI | Italy | $1.09B | -3% | -15% | 36% | 8.0× | -7.3% | +2.3% |
| MITSUI-SOKO 9302.T | Japan | $1.52B | -22% | +6% | 7% | 17.8× | -1.6% | +3.4% |
| Iino Kaiun Kaisha,Ltd 9119.T | Japan | $1.04B | -6% | +1% | 11% | 11.6× | n/a | n/a |
| Costamare CMRE | United States | $1.54B | -28% | -42% | 44% | 5.2× | -6.9% | +13.0% |
| NS United Kaiun Kaisha,Ltd 9110.T | Japan | $1.58B | +39% | +11% | 11% | n/a | -5.0% | +10.7% |
| Ningbo Ocean Shipping 601022.SS | China | $1.58B | -7% | +13% | 11% | n/a | n/a | n/a |
| Cj Logistics 000120.KS | South Korea | $1.01B | -32% | +5% | 4% | 7.8× | -4.0% | +2.6% |
| Odfjell ODF.OL | Norway | $960M | +3% | -10% | 18% | 6.9× | -12.7% | +5.6% |
| U-Ming Marine Transport 2606.TW | Taiwan | $1.70B | +6% | +13% | 29% | 8.7× | -3.8% | +12.8% |
| Evergreen International Storage & Transport 2607.TW | Taiwan | $897M | +18% | -15% | 11% | n/a | n/a | n/a |
| Stolt-Nielsen SNI.OL | Norway | $1.82B | +4% | -5% | 11% | 8.8× | -4.5% | +9.5% |