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Operator of Tianjin Port, a major North China container and bulk cargo port serving Beijing/Tianjin/Hebei.
Operator of Tianjin Port, a major North China container and bulk cargo port serving Beijing/Tianjin/Hebei.
Charges per-container and per-tonne handling fees, plus storage and related charges, to shipping lines and cargo owners, so earnings follow throughput at Tianjin Port. Bulk cargoes such as ore and coal follow heavy-industry demand, while containers follow manufacturing and trade.
Moat: narrow (scale). Leading deep-water port serving the Beijing-Tianjin-Hebei economic region.
Headquarters: Tianjin, China · Employees: 4,933
Size Tianjin Port (600717.SS) is a China Industrials company (Other Transportation) with a market value of $1.89B, the 1324th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.36 on 6 Nov 2026.
Performance Over six months the shares fell 2.5%, against -2.6% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue fell 8.3% over the last twelve months (peer median +4.5%); the operating margin is 18.2% (peer median 15.7%).
Valuation It trades at 1.5× enterprise value to sales against a peer median of 2.9× (5th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -15% a year for seven years (Req g). Recent delivered growth is -2%, so the hurdle is -13 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.2 points above its cost of capital (5.0% WACC).
Next results Next results expected around 22 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥11.4B | CN¥12.8B | CN¥12.1B | CN¥11.6B | CN¥10.8B |
| Revenue growth | — | +6% | +4% | +8% | — |
| Gross profit | CN¥4.89B | CN¥3.43B | CN¥3.38B | CN¥3.05B | CN¥2.67B |
| EBITDA | n/a | CN¥3.05B | CN¥2.94B | CN¥2.75B | CN¥2.42B |
| Net income | CN¥1.17B | CN¥981M | CN¥994M | CN¥982M | CN¥740M |
| Free cash flow | CN¥1.89B | CN¥1.51B | CN¥2.17B | CN¥1.75B | CN¥1.49B |
| Capital expenditure | CN¥1.48B | CN¥1.33B | CN¥947M | CN¥975M | CN¥1.15B |
| Total debt | CN¥3.98B | CN¥4.42B | CN¥5.09B | CN¥5.83B | CN¥5.85B |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Tianjin Port 600717.SS | $1.89B | -2% | -8% | 18% | 1.5× | -14.6% |
| Liaoning Port 601880.SS | $4.54B | -10% | -3% | 21% | 3.1× | -10.7% |
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 | 600717.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | 0.0% | -0.3% | 11th highest of 21 |
| 6-month return | -2.5% | -2.6% | 11th highest of 21 |
| Distance from 52-week high | -11.9% | -15.4% | 9th highest of 21 |
| Revenue growth (TTM) | -8.3% | +4.5% | 3rd lowest of 21 |
| Operating margin | 18.2% | 15.7% | 9th highest of 21 |
| EV / Sales | 1.5× | 2.9× | 5th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -14.6% | -3.7% | 2nd least demanding of 13 |
| Growth delivered (Del g) | -1.6% | +5.5% | 2nd lowest of 13 |
| Hurdle (Req g minus delivered) | -13.0 pp | -12.2 pp | 6th least demanding of 13 |
| ROIC minus cost of capital | +2.2 pp | -0.1 pp | 8th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Tianjin Port 600717.SS | China | $1.89B | -2% | -8% | 18% | 1.5× | -14.6% | -1.6% |
| Westshore Terminals Investment WTE.TO | Canada | $1.90B | +16% | -16% | 33% | 9.0× | 11.9% | -2.6% |
| Hainan Strait Shipping 002320.SZ | China | $1.88B | -34% | +4% | 23% | 3.0× | -0.5% | +36.7% |
| Hutchison Port Holdings Trust NS8U.SI | Singapore | $1.96B | +7% | +5% | 42% | 3.8× | -10.5% | +1.7% |
| NANKAI 9044.T | Japan | $2.03B | 0% | +7% | 15% | 2.8× | n/a | n/a |
| Shenzhen Airport 000089.SZ | China | $2.08B | -5% | +5% | 17% | 3.5× | -6.4% | +11.4% |
| Hamburger Hafen und Logistik HHFA.DE | Germany | $1.72B | -2% | +3% | 7% | 1.6× | n/a | n/a |
| Evergreen Aviation Technologies 2645.TW | Taiwan | $1.67B | -8% | +10% | 17% | 3.0× | -1.0% | +11.2% |
| Comfortdelgro C52.SI | Singapore | $2.19B | -10% | +9% | 9% | 0.8× | -8.2% | +9.3% |
| FirstGroup FGP.L | United Kingdom | $1.60B | +40% | -6% | 5% | 0.4× | -7.6% | +1.9% |
| Dongguan Development (Holdings) 000828.SZ | China | $1.57B | -3% | -4% | 39% | 8.3× | 0.7% | +4.4% |
| Sotetsu 9003.T | Japan | $1.55B | -4% | +9% | 13% | 2.1× | n/a | n/a |
| Shreeji Shipping Global SHREEJISPG.NS | India | $1.53B | +111% | +21% | 24% | 19.1× | n/a | n/a |
| Nagoya Railroad 9048.T | Japan | $2.38B | +8% | -2% | 5% | 1.6× | n/a | n/a |
| Fujian Expressway Development 600033.SS | China | $1.51B | +1% | -3% | 47% | 4.0× | -16.1% | +5.6% |
| Shenzhen International 0152.HK | Hong Kong | $1.49B | -35% | +15% | 11% | 5.8× | n/a | n/a |
| Henan Zhongyuan Expressway 600020.SS | China | $1.43B | +5% | -11% | 20% | 7.3× | 5.9% | +5.4% |
| SIA Engineering S59.SI | Singapore | $2.51B | -10% | -3% | 3% | 2.1× | 19.3% | +26.3% |
| Xiamen Xiangyu 600057.SS | China | $2.59B | -14% | +9% | 1% | 0.2× | n/a | n/a |
| Nishi-Nippon Railroad 9031.T | Japan | $1.37B | 0% | +10% | 7% | 1.1× | n/a | n/a |
| Qinhuangdao Port 601326.SS | China | $2.70B | -5% | +2% | 23% | 2.9× | -10.9% | +2.7% |