Tianjin Port Group Company is a leading player in the Chinese port industry. It was established in 2003 as a result of the restructuring of the Tianjin Port Group.
The company is headquartered in Tianjin, China, and operates several ports and terminals in the region. With a strong presence in the industry, Tianjin Port Group Company has become a major player in China's port market.
One of the company's key strengths is its ability to provide comprehensive logistics services, including container handling, cargo storage, and transportation. This is made possible by its extensive network of ports and terminals.
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Ownership Structure
Tianjin Port (Group) Company has a unique ownership structure. The company is primarily owned by private companies, holding a staggering 53.7% of the total shares.
The largest shareholder is Tianjin Port (Group) Co. Ltd, which owns an impressive 53.5% of the company's shares. This is a significant stake, giving the company considerable influence over the direction of Tianjin Port (Group) Company.
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Institutions also play a notable role in the ownership structure, with a 2.06% stake in the company. This includes prominent investment firms such as Dimensional Fund Advisors LP and BlackRock, Inc.
The general public owns a significant 23.2% of the company's shares, while public companies hold a 21% stake. Individual insiders, including Japhet Sebastian Law, own a relatively small 0.0438% of the company's shares.
Here's a breakdown of the ownership structure:
Financial Information
Tianjin Port (Group) Company has a strong financial foundation, with a total asset value of over 100 billion yuan as of 2022.
The company's revenue has been steadily increasing over the years, reaching a peak of over 60 billion yuan in 2020.
Tianjin Port (Group) Company has a significant presence in the Chinese port industry, with a market share of over 10% in 2020.
The company's cash flow has also been robust, with a net cash inflow of over 10 billion yuan in 2020.
Tianjin Port (Group) Company has been investing heavily in its infrastructure, with a total investment of over 50 billion yuan in the past five years.
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Company Information
Tianjin Port (Group) Company is a state-owned enterprise based in Tianjin, China. The company was founded in 1984.
Tianjin Port has a long history of development, dating back to the 19th century. It has grown into a major port and logistics hub.
The company operates a number of ports, including the Tianjin Port, the Xingang Port, and the Dagukou Port. These ports handle a significant portion of China's international trade.
Tianjin Port (Group) Company is a major player in the Chinese logistics industry, with a strong presence in the country's port and shipping sector.
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Analyst Sources
Tianjin Port Development Holdings Limited has a significant following among analysts, with 16 experts covering the company.
The analysts who submitted estimates of revenue or earnings for our report are updated regularly throughout the day, ensuring the most current information.
BNP Paribas Securities (Asia) is one of the institutions with an analyst covering Tianjin Port Development Holdings Limited, but unfortunately, the analyst's name is not specified.
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BofA Global Research also has an analyst, Mandy Qu, covering the company.
China International Capital Corporation Limited has an analyst, Dong Zheng, who is also following Tianjin Port Development Holdings Limited.
Here is a list of the institutions with analysts covering Tianjin Port Development Holdings Limited:
- BNP Paribas Securities (Asia)
- BofA Global Research
- China International Capital Corporation Limited
Services and Operations
Tianjin Port (Group) Company has a significant presence in marine port services.
The company's subsidiary, Tianjin Port Development Unit, has boosted its stake in a container handling subsidiary.
Tianjin Port Development has also entered a renovation agreement with Alliance International for RMB29.4 million.
Their equity structure includes Tianjin State-Owned Assets Supervision & Admn Commission with a 53.66% stake, valued at 309 million dollars.
TIANJIN DEVELOPMENT HOLDINGS LIMITED holds a 21.16% stake, valued at 122 million dollars.
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Sales by Activity
Sales by activity is a crucial aspect of a company's operations, and Tianjin Port Development Holdings Limited is no exception. Their sales by activity have been steadily increasing over the years.
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In 2020, their cargo handling sales reached 7.13 billion, which is a significant figure. By 2021, this number had increased to 7.77 billion, a 9% growth. This growth continued in 2022, with cargo handling sales reaching 7.38 billion.
One notable trend is the decrease in sales from 2022 to 2023. Cargo handling sales dropped to 7.42 billion in 2023, a slight decrease from the previous year. However, this decrease was followed by a significant increase in 2024, with sales reaching 8.07 billion.
Other port ancillary services have also seen growth over the years. In 2020, these services generated 2.75 billion in sales, which increased to 3.18 billion in 2021. This growth continued in 2022 and 2023, with sales reaching 3.09 billion and 3.08 billion, respectively. By 2024, these services generated 3.37 billion in sales.
Here's a breakdown of the sales by activity for Tianjin Port Development Holdings Limited:
Overall, Tianjin Port Development Holdings Limited's sales by activity have been steadily increasing over the years, with cargo handling and other port ancillary services being key contributors to their revenue.
Marine Services
Marine Port Services play a vital role in the global economy, and Tianjin Port Development is no exception. It recently boosted its stake in a container handling subsidiary.
Tianjin Port Development has entered into a renovation agreement with Alliance International for a significant amount of RMB29.4 million.
The company's valuation stands at 309 million US dollars, representing a 53.66% stake in its parent company, Tianjin State-Owned Assets Supervision & Admn Commission.
Here's a breakdown of the key players involved in Tianjin Port Development:
Frequently Asked Questions
How many ports are in TIANJIN?
Tianjin Port has 6 main anchorage areas and 2 temporary anchorages, but the question is about ports, not anchorages. Tianjin has 1 main port.
Is Tianjin port the same as Xingang port?
Tianjin port and Xingang port are actually the same port, with Xingang being a nickname for Tianjin port. Both names refer to the same major port facility in North China
What is another name for the Tianjin port?
Another name for the Tianjin port is the Port of Tanggu. It was previously known by this name before being officially renamed.
What is the history of the Tianjin port?
The Tianjin port was renamed from Zhigu in 1400 by the Yongle Emperor to commemorate a victorious river crossing, marking its importance as a grain hub. Its significance grew further in 1405 when the imperial capital was moved back to Beijing.
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